Alphabet Inc. $GOOG Shares Newly Purchased by Sawyer & Company Inc

Sawyer & Company Inc purchased a new position in shares of Alphabet Inc. (NASDAQ:GOOG – Free Report) during the third quarter, HoldingsChannel reports. The firm purchased 3,910 shares of the information services provider’s stock, valued at approximately $1,332,000.

Other large investors have also recently added to or reduced their stakes in the company. Denali Advisors LLC boosted its stake in shares of Alphabet by 14.8% in the second quarter. Denali Advisors LLC now owns 105,988 shares of the information services provider’s stock valued at $37,449,000 after buying an additional 13,700 shares in the last quarter. Heck Capital Advisors LLC raised its position in Alphabet by 298.2% in the second quarter. Heck Capital Advisors LLC now owns 22,229 shares of the information services provider’s stock worth $7,854,000 after acquiring an additional 16,647 shares in the last quarter. Montchanin Asset Management LLC purchased a new position in Alphabet in the first quarter worth $7,075,000. Sax Wealth Advisors LLC raised its position in Alphabet by 13.3% in the second quarter. Sax Wealth Advisors LLC now owns 30,489 shares of the information services provider’s stock worth $10,773,000 after acquiring an additional 3,575 shares in the last quarter. Finally, TrueMark Investments LLC acquired a new stake in Alphabet in the first quarter valued at $1,277,000. 27.26% of the stock is owned by hedge funds and other institutional investors.

Alphabet Stock Down 1.1%

GOOG stock opened at $317.28 on Friday. The company’s 50 day simple moving average is $339.42 and its 200-day simple moving average is $350.21. The firm has a market capitalization of $3.88 trillion, a PE ratio of 15.94, a P/E/G ratio of 0.92 and a beta of 1.19. Alphabet Inc. has a 12 month low of $256.10 and a 12 month high of $404.47. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64.

Alphabet (NASDAQ:GOOG – Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The information services provider reported $9.11 earnings per share for the quarter, topping analysts’ consensus estimates of $2.87 by $6.24. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The business had revenue of $119.80 billion during the quarter, compared to analysts’ expectations of $116.53 billion. During the same period last year, the company posted $2.31 EPS. The company’s revenue was up 24.2% on a year-over-year basis. Equities analysts expect that Alphabet Inc. will post 20.60 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Cantor Fitzgerald restated an “overweight” rating and set a $420.00 target price (down from $435.00) on shares of Alphabet in a research report on Thursday, July 23rd. Oppenheimer reiterated an “outperform” rating and issued a $400.00 price target (down from $445.00) on shares of Alphabet in a report on Thursday, July 23rd. Jefferies Financial Group reiterated a “buy” rating on shares of Alphabet in a report on Monday, August 3rd. Rosenblatt Securities assumed coverage on shares of Alphabet in a research note on Thursday, August 20th. They issued a “buy” rating for the company. Finally, The Goldman Sachs Group decreased their price objective on shares of Alphabet from $440.00 to $435.00 and set a “buy” rating on the stock in a report on Thursday, July 23rd. Six research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, Alphabet has a consensus rating of “Buy” and a consensus price target of $421.85.

Read Our Latest Analysis on GOOG

Insider Activity at Alphabet

In other Alphabet news, CAO Marsida Saraci sold 449 shares of the firm’s stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total transaction of $149,606.80. Following the completion of the transaction, the chief accounting officer owned 27,386 shares of the company’s stock, valued at approximately $9,125,015.20. This trade represents a 1.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Frances Arnold sold 83 shares of the firm’s stock in a transaction on Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total value of $28,257.35. Following the transaction, the director directly owned 19,076 shares of the company’s stock, valued at $6,494,424.20. The trade was a 0.43% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 315,765 shares of company stock valued at $6,297,980. 12.99% of the stock is owned by corporate insiders.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

  • Positive Sentiment: AI and cloud growth remain key positives. Analysts highlight accelerating Google Cloud growth, expanding operating margins, rising subscriptions and Alphabet’s distribution advantage for Gemini. Google Cloud also announced general availability of an Anthropic-managed deployment option for Claude models, potentially broadening enterprise AI adoption. Alphabet: Gemini 4 Argon Is Coming For ChatGPT’s Lunch
  • Positive Sentiment: Several longer-term growth opportunities support the stock. Articles point to Alphabet’s proprietary AI chips, which could become a major business, as well as a reported quantum-computing error-reduction breakthrough. Analysts also raised an Alphabet FY2027 EPS estimate modestly, reinforcing the view that earnings potential remains strong. Google’s AI chip could become a $75 billion business
  • Neutral Sentiment: Q3 earnings are the next major catalyst. Preview articles expect investors to focus on advertising, Google Cloud growth, AI adoption, capital expenditures and margins. Results could determine whether Alphabet’s heavy AI investment is viewed as generating sufficient returns. Alphabet’s Q3 Could Change the Narrative on Its AI Spending
  • Negative Sentiment: AI execution concerns are the primary negative catalyst. Reports allege that Gemini 3.5 Pro was delayed or behind schedule and that investors were not adequately informed about development setbacks. The allegations contributed to a sharp prior sell-off and have prompted multiple securities-fraud class-action notices. Google Investor Alert: Alphabet Inc. Securities Class Action Notice
  • Negative Sentiment: Litigation headlines add reputational and financial uncertainty. Several law firms are seeking lead plaintiffs for lawsuits covering investors who purchased Alphabet securities between May 19 and July 16, 2026, with deadlines around November 30 or December 1. The notices largely repeat the same allegations, so they may amplify sentiment risk more than they introduce new information. Kaplan Fox Alphabet Class Action Notice
  • Negative Sentiment: Investors remain concerned about AI capital intensity. Large compute commitments, data-center spending and higher interest rates are raising questions about whether future returns will justify the investment. Broader AI-stock selling and ETF net selling have added pressure to Alphabet’s valuation. Google Is Paying SpaceX $11 Billion a Year for Compute

Alphabet Company Profile

(Free Report)

Alphabet Inc is a technology holding company best known as the parent organization of Google. Founded in 2015 through a corporate restructuring, Alphabet oversees Google and a collection of businesses focused on technology, online services, communications, artificial intelligence, and other emerging areas.

Google’s principal products and services include its internet search engine, digital advertising platforms, YouTube, Android, Chrome, Google Maps, Google Play, and Google Workspace. The company also provides cloud computing, data storage, cybersecurity, productivity, and artificial intelligence services through Google Cloud.

Further Reading

Want to see what other hedge funds are holding GOOG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alphabet Inc. (NASDAQ:GOOG – Free Report).

Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOG)

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