14,286 Alphabet Inc. $GOOG Shares Sold by Obermeyer Wealth Partners

Key Points

• Obermeyer Wealth Partners reduced its Alphabet position by 3.9%, selling 14,286 shares during the third quarter. It still held 354,760 shares valued at approximately $120.9 million, representing 4.8% of its portfolio.
• Institutional investors and hedge funds own 27.26% of Alphabet, while insiders have sold 118,834 shares worth about $2.5 million over the past quarter.
• Analysts remain broadly bullish, with Alphabet carrying a “Buy” consensus rating and an average price target of $421.85, though AI spending, execution concerns and related litigation remain key risks.

Obermeyer Wealth Partners trimmed its holdings in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 3.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 354,760 shares of the information services provider's stock after selling 14,286 shares during the period. Alphabet comprises about 4.8% of Obermeyer Wealth Partners' portfolio, making the stock its 2nd largest position. Obermeyer Wealth Partners' holdings in Alphabet were worth $120,881,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Castlekeep Investment Advisors LLC purchased a new position in Alphabet in the 2nd quarter worth approximately $29,000. Toth Financial Advisory Corp purchased a new stake in shares of Alphabet in the second quarter valued at about $41,000. Timbuktu Capital Management LLC acquired a new stake in shares of Alphabet in the 2nd quarter worth approximately $46,000. Robinswood Financial LLC acquired a new position in shares of Alphabet in the first quarter worth $57,000. Finally, Hoey Investments Inc. boosted its position in shares of Alphabet by 173.0% in the first quarter. Hoey Investments Inc. now owns 273 shares of the information services provider's stock worth $78,000 after acquiring an additional 173 shares during the last quarter. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Alphabet news, CAO Marsida Saraci sold 449 shares of the stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total value of $149,606.80. Following the completion of the sale, the chief accounting officer owned 27,386 shares in the company, valued at approximately $9,125,015.20. This represents a 1.61% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Frances Arnold sold 83 shares of the 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 in the company, valued at $6,494,424.20. The trade was a 0.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 118,834 shares of company stock valued at $2,465,703. 12.99% of the stock is owned by insiders.

Alphabet News Roundup

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 Price Performance

GOOG opened at $317.28 on Monday. The stock has a market cap of $3.88 trillion, a price-to-earnings ratio of 15.94, a PEG ratio of 0.91 and a beta of 1.19. Alphabet Inc. has a twelve month low of $256.10 and a twelve month high of $404.47. The company's 50-day moving average price is $339.42 and its two-hundred day moving average price is $350.58. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16.

Analyst Ratings Changes

Several analysts recently weighed in on GOOG shares. Morgan Stanley lowered their price objective on Alphabet from $415.00 to $400.00 and set an "overweight" rating for the company in a report on Thursday, July 23rd. Oppenheimer reiterated an "outperform" rating and issued a $400.00 target price (down from $445.00) on shares of Alphabet in a report on Thursday, July 23rd. Citic Securities raised their price objective on Alphabet from $430.00 to $434.00 and gave the company a "buy" rating in a research note on Monday, July 27th. China Renaissance cut their price objective on shares of Alphabet from $485.00 to $445.00 and set a "buy" rating for the company in a research report on Friday, July 24th. Finally, Raymond James Financial reissued a "strong-buy" rating on shares of Alphabet 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 given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $421.85.

About Alphabet

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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