9,419 Alphabet Inc. $GOOGL Shares Sold by Nisa Investment Advisors LLC

Key Points

• Nisa Investment Advisors reduced its Alphabet stake by 9,419 shares, or 0.6%, leaving it with 1.58 million shares valued at approximately $543.6 million. Alphabet remains Nisa’s fifth-largest holding and represents 1.6% of its portfolio.
• Institutional sentiment is broadly positive: other funds increased their positions, while analysts maintain a consensus “Buy” rating with an average price target of $425.04.
• Alphabet’s outlook is supported by Google Cloud, advertising resilience and AI initiatives, but investors remain focused on whether rising AI infrastructure spending will generate sufficient returns. Upcoming earnings, regulatory concerns and a reported Google Cloud outage are key near-term risks.

Nisa Investment Advisors LLC decreased its stake in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 0.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,579,960 shares of the information services provider's stock after selling 9,419 shares during the quarter. Alphabet comprises 1.6% of Nisa Investment Advisors LLC's holdings, making the stock its 5th biggest position. Nisa Investment Advisors LLC's holdings in Alphabet were worth $543,633,000 as of its most recent filing with the Securities and Exchange Commission.

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

Analyst Ratings Changes

A number of research analysts recently issued reports on GOOGL shares. BMO Capital Markets restated an "outperform" rating and set a $480.00 target price (up from $465.00) on shares of Alphabet in a research report on Tuesday, October 20th. Freedom Capital raised Alphabet from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 23rd. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $425.00 price target on shares of Alphabet in a research report on Thursday, July 23rd. Piper Sandler lifted their price objective on Alphabet from $395.00 to $400.00 and gave the company an "overweight" rating in a research note on Monday, September 28th. Finally, Roth Capital reissued a "buy" rating and issued a $440.00 price objective (up from $435.00) on shares of Alphabet in a report on Thursday, July 23rd. Five investment 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 stock. Based on data from MarketBeat, Alphabet has an average rating of "Buy" and an average price target of $425.04.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s AI investment story remains a potential long-term support. Analysts and investors point to rising demand for Google Cloud, internally developed TPU chips, advertising resilience, and the potential for Gemini and other AI products to drive future growth. Alphabet Investing Behind AI Demand and TPU Growth
• Positive Sentiment: Pre-earnings coverage remains constructive on Alphabet’s third-quarter outlook, citing AI adoption, cloud growth, and advertising strength. Erste Group also modestly raised its fiscal 2027 EPS forecast, while Citizens JMP maintained a “market outperform” rating despite lowering its price target. Pre-Q3 Earnings Alphabet Stock Outlook
• Neutral Sentiment: Alphabet’s quarterly preferred-stock dividend announcement is unlikely to materially affect GOOGL common shares. Investors are instead focused on operating results, capital expenditures, margins, and management’s AI spending guidance.
• Neutral Sentiment: The upcoming earnings report is the key near-term catalyst. Strong cloud and advertising metrics could help stabilize the stock, but investors may react negatively if capital spending rises faster than AI-related revenue and cash flow.
• Negative Sentiment: Multiple law firms announced or promoted securities-fraud class actions against Alphabet concerning the May 19–July 16 trading period. The complaints allege that Alphabet failed to disclose important information about Gemini 3.5 Pro’s development and launch readiness; the allegations have not been proven. Lead-plaintiff deadlines are generally December 1, with one notice citing November 30. Kaplan Fox Alphabet Class Action Notice
• Negative Sentiment: A reported Google Cloud outage in London disrupted financial and public-sector services and prompted scrutiny from UK regulators and lawmakers, raising operational, reputational, and regulatory concerns. Alphabet Cloud Outage and Regulation
• Negative Sentiment: The broader AI sell-off is weighing on Alphabet as investors question whether enormous data-center, chip, power, and compute expenditures will generate adequate returns. Heavy spending is also contributing to concerns about future margins and valuation.

Alphabet Price Performance

GOOGL stock opened at $320.21 on Monday. The firm has a market cap of $3.92 trillion, a PE ratio of 16.08, a P/E/G ratio of 0.92 and a beta of 1.21. 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's fifty day moving average is $342.79 and its 200 day moving average is $353.19. Alphabet Inc. has a one year low of $255.32 and a one year high of $408.61.

Insiders Place Their Bets

In other news, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the firm's stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $18.90, for a total transaction of $2,232,808.20. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Frances Arnold sold 83 shares of Alphabet 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 approximately $6,494,424.20. This represents a 0.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 118,834 shares of company stock worth $2,465,703. Company insiders own 11.61% of the company's stock.

Alphabet Company 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.