6,597 Alphabet Inc. $GOOGL Shares Sold by Birch Hill Investment Advisors LLC

Key Points

• Birch Hill Investment Advisors reduced its Alphabet position by 2.1%. The firm sold 6,597 shares and retained 308,068 shares valued at approximately $106 million, making Alphabet its fifth-largest holding.
• Alphabet reported strong quarterly results, with $9.11 in earnings per share versus the $2.89 consensus estimate and revenue of $119.8 billion. The stock recently traded near $340, below its 52-week high of $408.61.
• Wall Street remains bullish on GOOGL. Analysts assign a consensus “Buy” rating with an average price target of $426.34, though investors are monitoring upcoming earnings, cloud profitability, AI spending, a recent Google Cloud outage and ongoing legal risks.

Birch Hill Investment Advisors LLC cut its position in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 2.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 308,068 shares of the information services provider's stock after selling 6,597 shares during the period. Alphabet comprises about 4.6% of Birch Hill Investment Advisors LLC's portfolio, making the stock its 5th largest position. Birch Hill Investment Advisors LLC's holdings in Alphabet were worth $106,000,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Titleist Asset Management LLC raised its position in shares of Alphabet by 6.4% in the third quarter. Titleist Asset Management LLC now owns 34,613 shares of the information services provider's stock valued at $11,909,000 after purchasing an additional 2,096 shares during the period. PFG Investments LLC lifted its stake in shares of Alphabet by 2.6% during the 1st quarter. PFG Investments LLC now owns 89,299 shares of the information services provider's stock worth $25,679,000 after buying an additional 2,269 shares during the last quarter. Elefante Mark B boosted its holdings in shares of Alphabet by 4.5% during the 2nd quarter. Elefante Mark B now owns 43,733 shares of the information services provider's stock worth $15,629,000 after buying an additional 1,897 shares during the period. Nwam LLC boosted its holdings in shares of Alphabet by 19.6% during the 1st quarter. Nwam LLC now owns 49,128 shares of the information services provider's stock worth $14,127,000 after buying an additional 8,055 shares during the period. Finally, WCM Investment Management LLC boosted its holdings in shares of Alphabet by 287.4% during the 1st quarter. WCM Investment Management LLC now owns 3,886 shares of the information services provider's stock worth $1,063,000 after buying an additional 2,883 shares during the period. 40.03% of the stock is owned by institutional investors.

Alphabet Trading Down 1.1%

GOOGL stock opened at $340.27 on Wednesday. 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 company's 50-day simple moving average is $343.93 and its 200 day simple moving average is $352.57. Alphabet Inc. has a 52 week low of $244.15 and a 52 week high of $408.61. The company has a market capitalization of $4.16 trillion, a PE ratio of 17.09, a price-to-earnings-growth ratio of 1.00 and a beta of 1.21.

Alphabet (NASDAQ:GOOGL - Get Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, topping analysts' consensus estimates of $2.89 by $6.22. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The business had revenue of $119.80 billion for the quarter, compared to analyst estimates of $117.07 billion. As a group, sell-side analysts anticipate that Alphabet Inc. will post 20.55 earnings per share for the current year.

Wall Street Analysts Forecast Growth

GOOGL has been the topic of a number of research reports. Cantor Fitzgerald reiterated an "overweight" rating and issued a $420.00 price target on shares of Alphabet in a research note on Monday, October 12th. Royal Bank Of Canada restated an "outperform" rating and set a $425.00 price objective on shares of Alphabet in a research report on Thursday, July 23rd. Barclays restated an "overweight" rating and set a $425.00 price objective (up from $405.00) on shares of Alphabet in a report on Thursday, July 23rd. Tigress Financial restated 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. Finally, Yorkville Ives initiated 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. Five research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat, Alphabet presently has a consensus rating of "Buy" and a consensus price target of $426.34.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Analyst support remains strong. BMO Capital raised its Alphabet price target to $480, while other coverage continues to characterize the stock as an attractive growth and value opportunity ahead of the October 28 earnings report. Bank of America expects a modest earnings beat, supported by Google Cloud growth and demand for Alphabet’s custom AI chips. BMO Capital adjusts price target on Alphabet
• Positive Sentiment: AI and emerging businesses continue to expand. Alphabet launched TorchTPU as an open-source PyTorch project, potentially helping developers use Google’s chips instead of Nvidia GPUs. Google is also adding more personalized Gemini functionality to vehicles, while Waymo reportedly plans to expand its robotaxi fleet to 20,000 vehicles and launch autonomous ride-hailing in Madrid next year. Google attacks Nvidia's AI developer stronghold
• Neutral Sentiment: Investors are focused on upcoming earnings. Alphabet’s strong prior quarter and rapid Cloud growth have not translated consistently into share-price gains. The company will need to demonstrate that Cloud expansion and TPU demand are producing meaningful profitability, while also addressing potential moderation in Search growth.
• Negative Sentiment: Google Cloud suffered a high-profile outage in the United Kingdom. Disruptions affected several banking and online services, and the Bank of England is investigating the incident. Although services were largely restored, the event raises concerns about reliability and could increase regulatory scrutiny of Alphabet’s cloud infrastructure. Google Cloud services largely back up in UK
• Negative Sentiment: Multiple law firms publicized a securities-fraud class action. The litigation alleges Alphabet misled investors about the development timeline for Gemini 3.5 Pro. Several firms highlighted lead-plaintiff deadlines around November 30 and December 1, keeping legal risk and the possibility of investor damages in focus. Rosen securities class-action notice
• Negative Sentiment: Broader AI-stock weakness added pressure. Concerns about AI financing, elevated capital spending and the sustainability of the technology trade have encouraged investors to reduce exposure to major technology stocks, even as Alphabet remains comparatively inexpensive among the “Magnificent Seven.”

Insider Buying and Selling at Alphabet

In other Alphabet news, CAO Marsida Saraci sold 449 shares of the business's stock in a transaction dated Wednesday, July 29th. The shares were 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 of the company's stock, valued at $9,125,015.20. The trade was a 1.61% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Frances Arnold sold 83 shares of the stock in a transaction that occurred on Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total transaction of $28,257.35. Following the transaction, the director owned 19,076 shares in the company, valued at approximately $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. Insiders sold 402,479 shares of company stock valued at $7,946,534 in the last quarter. Company insiders own 11.61% of the company's stock.

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.

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