Moss Adams Wealth Advisors LLC trimmed its position in shares of Alphabet Inc. (NASDAQ:GOOG – Free Report) by 14.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 24,266 shares of the information services provider’s stock after selling 4,077 shares during the quarter. Alphabet accounts for approximately 0.5% of Moss Adams Wealth Advisors LLC’s portfolio, making the stock its 19th largest holding. Moss Adams Wealth Advisors LLC’s holdings in Alphabet were worth $8,269,000 at the end of the most recent reporting period.
Several other institutional investors have also recently made changes to their positions in GOOG. BlackRock Inc. lifted its position in shares of Alphabet by 1.4% during the second quarter. BlackRock Inc. now owns 369,922,502 shares of the information services provider’s stock valued at $130,704,718,000 after purchasing an additional 5,164,200 shares in the last quarter. State Street Corp grew its position in Alphabet by 2.8% in the 2nd quarter. State Street Corp now owns 190,923,442 shares of the information services provider’s stock worth $67,458,980,000 after purchasing an additional 5,208,690 shares in the last quarter. Amundi grew its position in Alphabet by 22.9% in the 1st quarter. Amundi now owns 21,922,379 shares of the information services provider’s stock worth $6,288,654,000 after purchasing an additional 4,083,758 shares in the last quarter. Deutsche Bank AG grew its position in Alphabet by 5.6% in the 2nd quarter. Deutsche Bank AG now owns 17,313,729 shares of the information services provider’s stock worth $6,117,460,000 after purchasing an additional 913,666 shares in the last quarter. Finally, Wellington Management Group LLP increased its stake in Alphabet by 24.9% in the 2nd quarter. Wellington Management Group LLP now owns 17,209,454 shares of the information services provider’s stock valued at $6,080,616,000 after buying an additional 3,432,287 shares during the last quarter. Institutional investors own 27.26% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts have commented on the stock. JPMorgan Chase & Co. dropped their target price on shares of Alphabet from $425.00 to $375.00 and set an “overweight” rating on the stock in a research report on Thursday, October 29th. KeyCorp restated an “overweight” rating and issued a $385.00 target price on shares of Alphabet in a research note on Thursday. UBS Group reaffirmed a “reduce” rating on shares of Alphabet in a report on Thursday. Freedom Capital raised Alphabet from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 23rd. Finally, Citigroup lowered Alphabet from a “market outperform” rating to a “market perform” rating in a report on Thursday. Six investment analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Alphabet has an average rating of “Moderate Buy” and an average target price of $413.38.
Check Out Our Latest Stock Report on Alphabet
Trending Headlines about Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Google Cloud and AI demand remain major growth drivers. Google Cloud revenue reportedly nearly doubled year over year to approximately $30.7 billion, while its backlog reached about $561 billion. Analysts also point to accelerating cloud usage, potential external TPU sales and future Gemini monetization as evidence that Alphabet’s AI investments could create new revenue streams. Alphabet: Cloud Acceleration And TPU Sales Hedge Against Search Cannibalization
- Positive Sentiment: Alphabet is raising capital to fund infrastructure expansion. The company launched a roughly €6 billion ($6.7 billion) European bond offering, reportedly attracting orders well above the amount offered. Strong demand from debt investors may signal confidence in Alphabet’s balance sheet and long-term AI strategy, although it also confirms that the build-out will require substantial financing. Alphabet kicks off €6 billion bond sale
- Positive Sentiment: Some investors view the sell-off as a valuation opportunity. At roughly 14.5 times earnings, Alphabet is considered inexpensive relative to its historical valuation by several commentators, who believe cloud growth and AI infrastructure demand can eventually offset pressure on traditional search. Preliminary discussions involving Alphabet-related technology and a potential U.S. defense initiative could provide another long-term enterprise revenue channel, but no final contract has been announced. Alphabet Plummets After Earnings
- Neutral Sentiment: Investor attention is increasingly focused on Alphabet’s changing business mix. Search now accounts for less than half of revenue, while cloud and other businesses are expanding. This diversification could reduce dependence on advertising over time, but investors still need evidence that newer AI products can achieve the margins and monetization rates of traditional search. What’s Going on with Alphabet Stock?
- Negative Sentiment: High AI spending is creating immediate financial pressure. Alphabet missed quarterly EPS expectations, search growth slowed to roughly 12%, and capital spending pushed free cash flow negative by approximately $9.1 billion for a second consecutive quarter. Investors fear AI-generated answers may produce less advertising revenue than conventional search while requiring billions in additional data-center investment. Alphabet’s Google spending derails major shareholder perk
- Negative Sentiment: Multiple securities-law firms are publicizing a shareholder class action. The lawsuit concerns investors who purchased Alphabet securities between May 19 and July 16, 2026, with lead-plaintiff deadlines in late November or December. The notices are primarily legal solicitations, but they add reputational and headline risk. Rosen Alphabet securities class action notice
Alphabet Price Performance
GOOG opened at $278.04 on Tuesday. Alphabet Inc. has a fifty-two week low of $271.41 and a fifty-two week high of $404.47. The firm has a 50-day moving average of $334.45 and a 200 day moving average of $337.96. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. The firm has a market cap of $3.40 trillion, a P/E ratio of 14.51, a PEG ratio of 0.92 and a beta of 1.19.
Alphabet (NASDAQ:GOOG – Get Free Report) last announced its quarterly earnings data on Wednesday, October 28th. The information services provider reported $2.12 EPS for the quarter, missing the consensus estimate of $3.01 by ($0.89). The company had revenue of $127.58 billion during the quarter, compared to the consensus estimate of $127.97 billion. Alphabet had a return on equity of 46.63% and a net margin of 50.03%. The business’s revenue was up 24.7% on a year-over-year basis. During the same period in the prior year, the firm posted $2.87 EPS. On average, research analysts expect that Alphabet Inc. will post 19.99 EPS for the current year.
Alphabet Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, December 14th. Stockholders of record on Monday, December 7th will be paid a dividend of $0.22 per share. The ex-dividend date is Monday, December 7th. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is presently 4.59%.
Insider Activity at Alphabet
In related news, Director Frances Arnold sold 83 shares of Alphabet stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total value of $28,257.35. Following the sale, the director owned 19,076 shares of the company’s stock, valued at approximately $6,494,424.20. The trade was a 0.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Over the last quarter, insiders have sold 247 shares of company stock valued at $79,238. Insiders own 12.99% of the company’s stock.
Alphabet Company Profile
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.
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