Tema Etfs LLC Purchases Shares of 39,459 Alphabet Inc. $GOOGL

Tema Etfs LLC acquired a new stake in Alphabet Inc. (NASDAQ:GOOGL) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 39,459 shares of the information services provider’s stock, valued at approximately $9,592,000. Alphabet makes up approximately 0.8% of Tema Etfs LLC’s investment portfolio, making the stock its 21st largest position.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Evergreen Private Wealth LLC boosted its holdings in Alphabet by 22.2% during the 3rd quarter. Evergreen Private Wealth LLC now owns 45,256 shares of the information services provider’s stock valued at $11,002,000 after acquiring an additional 8,213 shares during the period. Towercrest Capital Management increased its stake in shares of Alphabet by 126.2% in the third quarter. Towercrest Capital Management now owns 4,284 shares of the information services provider’s stock worth $1,041,000 after buying an additional 2,390 shares during the period. Corundum Group Inc. raised its holdings in Alphabet by 0.8% during the 3rd quarter. Corundum Group Inc. now owns 11,010 shares of the information services provider’s stock valued at $2,677,000 after buying an additional 90 shares during the last quarter. Macroview Investment Management LLC boosted its position in Alphabet by 2.2% during the 3rd quarter. Macroview Investment Management LLC now owns 2,305 shares of the information services provider’s stock valued at $560,000 after buying an additional 49 shares during the period. Finally, Atlantic Edge Private Wealth Management LLC grew its holdings in Alphabet by 6.4% in the 3rd quarter. Atlantic Edge Private Wealth Management LLC now owns 24,391 shares of the information services provider’s stock worth $5,929,000 after acquiring an additional 1,467 shares during the last quarter. Institutional investors own 40.03% of the company’s stock.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Apple ties Gemini to Siri, widening Gemini distribution and strengthening Alphabet’s AI moat — a material revenue/strategic positive for GOOGL that supports premium multiples and growth expectations. How Apple’s Gemini-Powered Siri Deal Will Impact Alphabet (GOOGL) Investors
• Positive Sentiment: Multiple bullish analyst moves — Wolfe Research lifted its price target to $390, Raymond James upgraded to “strong buy” and raised targets (reports of a $400 target), and Deutsche Bank raised its target — fueling buy-side momentum and supporting upside expectations. Wolfe Research Adjusts Price Target
• Positive Sentiment: Google pushes into AI shopping and other AI-enabled monetization avenues — analysts and outlets highlight accelerating product-led revenue opportunities that underpin long-term growth. Google’s Making a Splash in AI Shopping
• Neutral Sentiment: Technical/market commentary: recent ~3–4% pullback called a routine consolidation within a long-term uptrend — suggests no fundamental change but signals caution for investors seeking cheaper entry points. Alphabet Cools After the Run: Buy Now or Wait for a Better Entry?
• Neutral Sentiment: Waymo launched robotaxi service in Miami (business expansion) — growth opportunity for autonomous revenue but not yet material to near-term GAAP results. Waymo launches robotaxi service in Miami
• Negative Sentiment: NTSB opens an investigation after Waymo robotaxis were recorded illegally passing stopped school buses multiple times — raises regulatory, safety and reputational risks for Alphabet’s autonomous-driving unit and could lead to operational constraints or fines. US safety board opens probe into Waymo robotaxis passing stopped school buses
• Negative Sentiment: Federal judge allowed a consumer antitrust lawsuit over Google’s default-search payments to proceed — continued legal exposure that could affect search economics and ad revenue over time. Judge Orders Google to Face Consumer Antitrust Lawsuit Over Search

Alphabet Stock Performance

Shares of Alphabet stock opened at $328.04 on Friday. Alphabet Inc. has a 12 month low of $140.53 and a 12 month high of $340.49. The firm has a market capitalization of $3.96 trillion, a P/E ratio of 32.35, a P/E/G ratio of 1.82 and a beta of 1.08. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06. The business has a fifty day simple moving average of $315.65 and a two-hundred day simple moving average of $259.50.

Alphabet (NASDAQ:GOOGL) last released its earnings results on Wednesday, October 29th. The information services provider reported $2.87 earnings per share for the quarter, topping analysts’ consensus estimates of $2.29 by $0.58. The firm had revenue of $102.35 billion for the quarter, compared to the consensus estimate of $99.90 billion. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. On average, equities analysts forecast that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. CIBC raised their target price on Alphabet to $315.00 in a research note on Monday, October 20th. Moffett Nathanson boosted their target price on Alphabet from $305.00 to $315.00 and gave the company a “buy” rating in a research note on Tuesday, November 25th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $365.00 price target (up previously from $320.00) on shares of Alphabet in a research note on Monday, January 5th. Wall Street Zen upgraded shares of Alphabet from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. Finally, China Renaissance upped their price objective on shares of Alphabet from $207.00 to $330.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Four research analysts have rated the stock with a Strong Buy rating, forty-two have issued a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $331.40.

Insiders Place Their Bets

In related news, Director John L. Hennessy sold 600 shares of the company’s stock in a transaction that occurred on Tuesday, January 13th. The stock was sold at an average price of $337.52, for a total value of $202,512.00. Following the sale, the director owned 21,224 shares in the company, valued at $7,163,524.48. This represents a 2.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CAO Amie Thuener O’toole sold 2,778 shares of the firm’s stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $312.30, for a total value of $867,569.40. Following the transaction, the chief accounting officer directly owned 8,962 shares of the company’s stock, valued at approximately $2,798,832.60. This trade represents a 23.66% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 222,409 shares of company stock valued at $68,564,532. Insiders own 11.64% of the company’s stock.

Alphabet Company Profile

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.