Alphabet Inc. $GOOGL Position Decreased by Gibson Capital LLC

Gibson Capital LLC reduced its stake in Alphabet Inc. (NASDAQ:GOOGL) by 46.2% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,149 shares of the information services provider’s stock after selling 1,842 shares during the quarter. Gibson Capital LLC’s holdings in Alphabet were worth $739,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in GOOGL. State Street Corp raised its stake in Alphabet by 5.6% during the second 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 period. Amundi boosted its holdings in Alphabet by 4.6% in the 2nd quarter. Amundi now owns 33,203,350 shares of the information services provider’s stock valued at $11,865,809,000 after purchasing an additional 1,457,371 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in Alphabet by 10.1% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 17,724,321 shares of the information services provider’s stock valued at $6,334,186,000 after purchasing an additional 1,631,721 shares during the last quarter. Swiss National Bank grew its stake in shares of Alphabet by 7.1% in the 1st quarter. Swiss National Bank now owns 17,079,800 shares of the information services provider’s stock valued at $4,911,467,000 after buying an additional 1,139,400 shares during the period. Finally, Arrowstreet Capital Limited Partnership grew its stake in shares of Alphabet by 90.9% in the 1st 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 period. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have recently commented on GOOGL. Cantor Fitzgerald reduced their price target on shares of Alphabet from $420.00 to $350.00 and set an “overweight” rating on the stock in a research report on Thursday. The Goldman Sachs Group reiterated a “buy” rating and issued a $385.00 price objective on shares of Alphabet in a research report on Thursday. Phillip Securities raised Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research note on Monday, July 27th. Yorkville Ives assumed coverage on Alphabet in a research report on Monday, October 5th. They issued an “outperform” rating and a $400.00 target price on the stock. Finally, Tigress Financial restated a “strong-buy” rating and issued a $485.00 target price (up from $415.00) on shares of Alphabet in a research report on Thursday, September 17th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Alphabet has an average rating of “Buy” and an average price target of $410.46.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud revenue more than doubled year over year to approximately $30.7 billion, while its backlog reached $561 billion. The results support Alphabet’s position as a major beneficiary of enterprise AI demand. Alphabet’s Cloud Business Just Doubled
• Positive Sentiment: Several analysts remain constructive after the selloff. Guggenheim and Needham reaffirmed “buy” ratings with $450 targets, while Citigroup and Wells Fargo retained bullish ratings and projected substantial upside despite lowering their targets.
• Positive Sentiment: Alphabet’s AI ecosystem could gain from rising demand for cloud capacity and specialized chips. Waymo is also expanding internationally through a partnership with Toyota, although the business remains small relative to Alphabet’s core operations. Waymo taps Toyota to supply robotaxis
• Neutral Sentiment: Multiple securities law firms publicized class-action lawsuits and lead-plaintiff deadlines tied to alleged disclosures about Alphabet’s Gemini AI development. These notices add headline risk, but their direct financial impact remains uncertain.
• Negative Sentiment: Alphabet reported adjusted earnings of $2.12 per share, below consensus near $2.94-$3.02, while revenue of $127.6 billion also missed expectations. Search and other revenue grew about 12% to roughly $63 billion, but fell short of forecasts, reinforcing fears that AI-generated answers and “AI mode” searches may monetize less effectively than traditional Search.
• Negative Sentiment: AI infrastructure spending caused free cash flow to remain negative by roughly $9.1 billion for a second consecutive quarter. Investors are questioning whether the enormous capital outlays will produce adequate returns and whether Alphabet may need additional debt or equity financing.
• Negative Sentiment: An unrealized loss on Alphabet’s SpaceX investment reduced quarterly earnings by approximately $0.55 per share, while an EU antitrust fine further pressured results. Analysts including RBC, Wells Fargo, Citigroup, Wedbush, KeyCorp and Cantor Fitzgerald lowered price targets, even though most maintained positive ratings.

Alphabet Trading Down 1.4%

NASDAQ GOOGL opened at $279.84 on Friday. Alphabet Inc. has a 52 week low of $270.70 and a 52 week high of $408.61. The firm has a 50 day moving average of $339.07 and a two-hundred day moving average of $340.17. The company has a quick ratio of 2.64, a current ratio of 2.79 and a debt-to-equity ratio of 0.19. The stock has a market capitalization of $3.42 trillion, a PE ratio of 14.61, a price-to-earnings-growth ratio of 0.83 and a beta of 1.21.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings data on Wednesday, October 28th. The information services provider reported $2.12 EPS for the quarter, missing analysts’ consensus estimates of $3.02 by ($0.90). The business had revenue of $127.58 billion during the quarter, compared to analysts’ expectations of $127.96 billion. Alphabet had a net margin of 50.03% and a return on equity of 43.33%. As a group, research analysts expect that Alphabet Inc. will post 20.40 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Frances Arnold sold 83 shares of the company’s stock in a transaction 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 completion of the sale, the director owned 19,076 shares in the company, valued at $6,494,424.20. This represents a 0.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold a total of 247 shares of company stock worth $79,238 over the last quarter. Insiders own 11.61% of the company’s stock.

About Alphabet

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.