Concurrent Investment Advisors 13F: Adds $32M to GOOGL Stake

Concurrent Investment Advisors boosted its position in Alphabet Inc. (GOOGL) in a filing on October 16, 2026. The fund added 91,846 shares, increasing its total holdings to 529,427 shares, valued at around $182.2 million.

What Changed in Concurrent Investment Advisors' Alphabet Inc. Position

Concurrent Investment Advisors increased its stake by a 20.99% change. The fund now holds a total of 529,427 shares in Alphabet, reflecting its ongoing confidence in the tech giant's potential.

Other Institutional Activity in Alphabet Inc.

BlackRock Inc. grew its holdings by 13,990,545 shares, ending with 460,972,803 shares valued at about $157.0 billion. Vanguard Capital Management LLC added 4,690,439 shares, bringing its total to 382,951,664 shares worth approximately $130.4 billion. FMR, LLC also expanded its position by 14,169,043 shares, resulting in 250,714,005 shares valued at around $85.4 billion. Additionally, State Street Corporation increased its stake by 12,715,889 shares, now holding 238,977,259 shares valued at about $81.4 billion.

Alphabet Inc. Stock Down 2.0%

As of October 16, 2026, Alphabet Inc. shares traded recently at $340.43, which is below the 50-day moving average of $344.92 and about equal to the 200-day moving average of $340.77. The stock is also trading 16.7% below its 52-week high of $408.61, but remains 39.4% above its 52-week low of $244.15.

Recent Earnings

Alphabet reported trailing twelve-month revenue of approximately $445.9 billion, with a year-over-year revenue growth of 24.2%. The company's net margin stands at an impressive 54.8%, and its return on equity (ROE) is 48.7%. The next earnings report is scheduled for October 28, 2026.

Insider Buying and Selling at Alphabet Inc.

Several Alphabet insiders made transactions recently. On June 25, 2026, Philipp Schindler, the Chief Business Officer, purchased 13,433 shares, while Ruth Porat, President and CIO, acquired 10,625 shares. Both transactions were made without a set trading plan. Marsida Saraci, the Chief Accounting Officer, sold 453 shares at an average price of $345.04 that same day. On June 30, Frances Arnold sold 112 shares at an average price of $351.28 under a planned sale scheme.

Analysts Set New Price Targets

On October 6, 2026, Wells Fargo maintained an Overweight rating on Alphabet with a target price of $417.0, up from $411.0. Needham reiterated a Buy rating with a target of $450.0 on October 8. Cantor Fitzgerald also maintained an Overweight rating with a target of $420.0 on October 12. UBS kept a Neutral rating with a target of $380.0, while JP Morgan maintained an Overweight rating with a price target of $425.0, raised from $420.0 on October 15.

About Alphabet Inc.

Alphabet Inc. is the parent company of Google and several other subsidiaries. It operates through various segments, including Google Services, Google Cloud, and Other Bets. Alphabet is known for its wide range of digital products and services such as search engines, advertising platforms, cloud computing, and consumer electronics. The recent boost in holdings by Concurrent Investment Advisors signals their belief in the company’s ongoing growth potential.

Bottom Line

Investors should keep an eye on Alphabet's upcoming earnings report on October 28, 2026, as well as any further institutional filings that may reflect changes in market sentiment. This filing reveals Concurrent Investment Advisors' increased confidence in Alphabet's stock, which may not reflect its current position as of the filing date.