Sawyer & Company Inc Acquires 48,890 Shares of Alphabet Inc. $GOOGL

Sawyer & Company Inc bought a new position in shares of Alphabet Inc. (NASDAQ:GOOGL) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 48,890 shares of the information services provider’s stock, valued at approximately $16,822,000. Alphabet accounts for about 5.7% of Sawyer & Company Inc’s portfolio, making the stock its biggest holding.

Other large investors have also recently bought and sold shares of the company. State Street Corp grew its position in Alphabet by 5.6% in the 2nd quarter. State Street Corp now owns 238,977,259 shares of the information services provider’s stock worth $85,403,303,000 after purchasing an additional 12,718,127 shares during the last quarter. Diamant Asset Management Inc. raised its position in shares of Alphabet by 28,950.0% during the first quarter. Diamant Asset Management Inc. now owns 9,291,926 shares of the information services provider’s stock valued at $2,671,986,000 after buying an additional 9,259,940 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of Alphabet by 90.9% during the first quarter. Arrowstreet Capital Limited Partnership now owns 17,040,373 shares of the information services provider’s stock valued at $4,900,078,000 after buying an additional 8,112,680 shares during the last quarter. Amundi raised its position in shares of Alphabet by 12.7% during the first quarter. Amundi now owns 31,745,979 shares of the information services provider’s stock valued at $9,128,850,000 after buying an additional 3,574,810 shares during the last quarter. Finally, Jupiter Topco LLC acquired a new position in shares of Alphabet during the second quarter valued at about $1,058,385,000. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Alphabet Price Performance

NASDAQ:GOOGL opened at $316.80 on Tuesday. The company has a 50-day moving average of $342.94 and a 200-day moving average of $340.66. The company has a market capitalization of $3.87 trillion, a price-to-earnings ratio of 15.91, a PEG ratio of 0.92 and a beta of 1.21. Alphabet Inc. has a 52 week low of $264.28 and a 52 week high of $408.61. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on GOOGL. DA Davidson set a $350.00 target price on Alphabet and gave the stock a “neutral” rating in a research report on Thursday, July 23rd. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $420.00 price target on shares of Alphabet in a report on Monday, October 12th. Zacks Research cut Alphabet from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 11th. Morgan Stanley set a $400.00 price objective on Alphabet and gave the stock an “overweight” rating in a research report on Thursday, July 23rd. Finally, Tigress Financial reissued a “strong-buy” rating and set a $485.00 price objective (up from $415.00) on shares of Alphabet in a report on Thursday, September 17th. Five research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $425.04.

Insider Transactions at Alphabet

In related news, Director Frances Arnold sold 83 shares of the stock in a transaction dated Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total value of $28,257.35. Following the completion of the transaction, the director owned 19,076 shares of the company’s stock, valued at $6,494,424.20. This represents a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Marsida Saraci sold 449 shares of the firm’s stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total transaction of $149,606.80. Following the transaction, the chief accounting officer owned 27,386 shares of the company’s stock, valued at approximately $9,125,015.20. This represents a 1.61% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 696 shares of company stock worth $232,894. 11.61% of the stock is currently owned by insiders.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Anthropic’s IPO filing disclosed approximately $114.5 billion in non-cancelable cloud commitments with Alphabet. The agreements could provide significant long-term revenue visibility for Google Cloud, although investors will focus on whether the business can convert that demand into higher margins and free cash flow. Anthropic’s IPO Filing Reveals a Massive Opportunity for AI Infrastructure Giants
• Positive Sentiment: Google Cloud reportedly grew sharply and its backlog reached about $514 billion, while the Gemini app expanded to roughly 950 million monthly users. These figures support the view that cloud and AI could become increasingly important growth engines alongside Search. Alphabet Has $514 Billion in Cloud Orders
• Neutral Sentiment: Options traders expect a sizable move following the October 28 earnings report. The key issues will be Search growth, Google Cloud margins, AI monetization, capital-expenditure guidance, and free cash flow. Alphabet has historically had mixed next-day earnings reactions. Here’s How Much Traders See Google Parent Alphabet’s Stock Moving After Earnings
• Negative Sentiment: Investors remain wary that heavy AI infrastructure spending could pressure margins and free cash flow, as happened after the prior quarterly report. An analyst also reduced the price target ahead of earnings, adding to caution. Alphabet Stock Slips After Citizens Cuts Price Target
• Negative Sentiment: Several law firms publicized securities class actions alleging Alphabet misled investors during the May 19–July 16 period. The filings are largely investor-solicitation notices rather than new operating developments, but they add reputational and potential financial risk. Alphabet Securities Fraud Class Action Deadline

Alphabet Profile

Alphabet Inc is a technology holding company best known for its Google subsidiary. Google operates a global internet-services business centered on online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a broad range of cloud-based productivity and collaboration tools.

Google Cloud provides infrastructure, data analytics, cybersecurity, artificial intelligence, and enterprise software services to businesses, governments, and other organizations. Alphabet also develops consumer hardware, including Pixel devices and products for connected homes, while investing in emerging businesses through its “Other Bets” segment, including autonomous transportation and life sciences initiatives.

Alphabet was established in 2015 as part of a corporate restructuring that made Google a subsidiary and provided a separate structure for its expanding portfolio of businesses.