Crescent Grove Advisors 13F: Adds $606K to Alphabet (GOOGL) Stake

Crescent Grove Advisors boosted its stake in Alphabet Inc. (NASDAQ:GOOGL) by 1,762 shares during the quarter, according to a Form 13F filed with the SEC on October 21, 2026. The purchase lifted the fund's total holdings by a 29.8% increase to 7,678 shares. The reported value of the position reached $2.64 million at the time of the filing.

GOOGL Alphabet Inc.

$334.76 ▲ +6.43% year to date

1M 3M YTD

Daily close · Oct 21, 2026

What Changed in Crescent Grove Advisors's Alphabet Inc. Position

Prior to this adjustment, the fund held 5,916 shares of the technology company. The addition of 1,762 shares brought the ending count to 7,678 shares. That investment was valued at $2,641,871 when the filing was submitted.

Other Institutional Activity in Alphabet Inc.

Other institutional investors also adjusted their positions in the search and cloud giant during the period. Livforsakringsbolaget Skandia trimmed its stake by 14,920 shares, ending with 491,328 shares worth about $169.06 million. Accurate Wealth Management grew its holdings by 7,015 shares, ending with 45,978 shares worth about $16.26 million. PensionDanmark Pensionsforsikringsaktieselskab lifted its position by 15,421 shares to finish with 1,080,942 shares valued at about $371.93 million. James Hambro & Partners added 4,461 shares, ending with 43,716 shares worth about $15.05 million. Concurrent Investment Advisors boosted its stake by 91,846 shares to hold 529,427 shares valued at about $182.17 million.

Alphabet Inc. Stock Down 3.6%

Alphabet shares closed at $334.76 on the filing date. The stock recently traded around $327.88 as of October 22, 2026, down about 2.1% from that filing-day close. The price sits below its 50-day moving average of $343.85 and below its 200-day moving average of $341.27. It trades well above its 52-week low of $249.29, though it remains below its 52-week high of $408.61.

Recent Earnings

Alphabet generated $445.87 billion in trailing twelve-month revenue alongside a net profit margin of 54.8%. The company sports a return on equity of 48.7% and trailing twelve-month earnings of $19.93 per share. The company is scheduled to release its next financial results on October 28, 2026.

Dividend

Alphabet pays an annual dividend rate of $0.88 per share, giving investors a dividend yield of 0.26% with a payout ratio of 4.3%.

Insider Buying and Selling at Alphabet Inc.

Company insiders completed several stock transactions ahead of the filing. Director Kavitark Ram Shriram sold 33,566 shares on July 18, 2025, at an average price of $185.76 for a total value of $6.24 million. The same director sold 26,000 shares on August 15, 2025, at $205.00 per share, totaling $5.33 million. Director John L Hennessy sold 600 shares on January 13, 2026, worth $202,514, and another 600 shares on February 13, 2026, valued at $184,037.

Analysts Set New Price Targets

Analyst firms covering the stock have updated their views in recent weeks. Cantor Fitzgerald reiterated an overweight rating with a $420.00 price target on October 12, 2026. UBS maintained a neutral rating while lifting its target from $379.00 to $380.00 on October 14, 2026. JP Morgan maintained an overweight rating and raised its target from $420.00 to $425.00 on October 15, 2026. Keybanc maintained an overweight rating while lowering its target from $435.00 to $410.00 on October 19, 2026. BMO Capital maintained an outperform rating and raised its target from $465.00 to $480.00 on October 20, 2026.

About Alphabet Inc.

Alphabet Inc. operates through major units like Google Services, Google Cloud, and Other Bets. The Google Services division runs widely used online tools, search engines, mobile operating systems, and video platforms. Institutional interest remains active ahead of the company's upcoming earnings report on October 28, 2026.

Bottom Line

Institutional interest in Alphabet remains steady as funds adjust their portfolios ahead of earnings. Investors will be watching the upcoming October 28 financial release for updates on advertising and cloud growth. No formal recommendations are implied by institutional filing disclosures.