Alphabet Inc. $GOOG Shares Sold by Guyasuta Investment Advisors Inc.

Key Points

• Guyasuta Investment Advisors reduced its Alphabet stake by 1.0% in the third quarter, selling 3,458 shares and retaining 353,711 shares valued at approximately $120.5 million. Alphabet remains the firm’s second-largest holding and represents 7.1% of its portfolio.
• Alphabet reported strong quarterly results, with revenue rising 24.2% year over year to $119.8 billion and EPS of $9.11, far exceeding analyst expectations. Analysts remain broadly bullish, assigning the stock an average “Buy” rating and a $422.10 price target.
• Investor sentiment is supported by Alphabet’s AI, cloud, quantum-computing and Waymo opportunities, but the company faces risks from high capital spending, higher interest rates and ongoing legal claims related to Gemini AI disclosures.

Guyasuta Investment Advisors Inc. lowered its stake in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 1.0% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 353,711 shares of the information services provider's stock after selling 3,458 shares during the quarter. Alphabet makes up approximately 7.1% of Guyasuta Investment Advisors Inc.'s portfolio, making the stock its 2nd largest holding. Guyasuta Investment Advisors Inc.'s holdings in Alphabet were worth $120,524,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of GOOG. Whitener Capital Management Inc. lifted its stake in Alphabet by 1.4% in the third quarter. Whitener Capital Management Inc. now owns 3,225 shares of the information services provider's stock valued at $1,099,000 after purchasing an additional 43 shares during the last quarter. V Square Quantitative Management LLC raised its position in shares of Alphabet by 4.8% in the third quarter. V Square Quantitative Management LLC now owns 100,792 shares of the information services provider's stock valued at $34,344,000 after purchasing an additional 4,585 shares during the period. YANKCOM Partnership lifted its stake in shares of Alphabet by 13.5% during the 3rd quarter. YANKCOM Partnership now owns 7,041 shares of the information services provider's stock valued at $2,399,000 after buying an additional 837 shares in the last quarter. Fortitude Advisory Group L.L.C. lifted its stake in shares of Alphabet by 2.4% during the 3rd quarter. Fortitude Advisory Group L.L.C. now owns 4,960 shares of the information services provider's stock valued at $1,690,000 after buying an additional 116 shares in the last quarter. Finally, AdvisorNet Financial Inc raised its holdings in Alphabet by 2.5% during the 3rd quarter. AdvisorNet Financial Inc now owns 18,964 shares of the information services provider's stock valued at $6,517,000 after acquiring an additional 464 shares during the period. 27.26% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $19.46, for a total value of $3,832,277.26. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Frances Arnold sold 83 shares of the business's stock in a transaction on Wednesday, September 30th. The shares were 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 $6,494,424.20. This trade represents a 0.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 420,865 shares of company stock valued at $8,293,477 in the last three months. Corporate insiders own 12.99% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on GOOG. Weiss Ratings reissued a "buy (b)" rating on shares of Alphabet in a report on Thursday. Roth Capital upped their target price on Alphabet from $435.00 to $440.00 and gave the stock a "buy" rating in a research note on Thursday, July 23rd. Jefferies Financial Group reissued a "buy" rating on shares of Alphabet in a research note on Monday, August 3rd. China Renaissance dropped their price objective on Alphabet from $485.00 to $445.00 and set a "buy" rating for the company in a research note on Friday, July 24th. Finally, Barclays reaffirmed an "overweight" rating and set a $425.00 price target (up from $405.00) on shares of Alphabet in a research report on Thursday, July 23rd. Six equities 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 company. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $422.10.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: AI-chip opportunity: Evercore ISI raised its Alphabet estimates, arguing that the company could sell its internally developed tensor processing units (TPUs) to cloud customers. AI-chip revenue could become a meaningful contributor to Google Cloud, supporting growth and improving the return on Alphabet’s substantial infrastructure investments. Evercore raises Alphabet estimates on potential TPU hardware sales
• Positive Sentiment: Quantum-computing breakthrough: Google reported a technique that reduces quantum-computing errors by roughly 40 times. Although commercialization remains uncertain, the development reinforces Alphabet’s long-term technology leadership and could support investor enthusiasm around its research portfolio. Google demonstrates new quantum computer breakthrough
• Positive Sentiment: Expansion of growth businesses: Waymo received approval to participate in Ontario’s automated-vehicle pilot program and is targeting a Toronto robotaxi launch in 2028. Alphabet also reached a multiyear AI-content agreement with CNN, potentially strengthening its AI products and training resources. Google's Waymo plans first Canada robotaxi service in Toronto in 2028
• Neutral Sentiment: Analyst support remains favorable: JPMorgan raised its Alphabet target to $425 and maintained an overweight rating, while recent commentary continues to emphasize strong cloud and AI growth. However, investors remain focused on whether large capital expenditures can generate sufficient future returns.
• Negative Sentiment: Macro pressure: A hotter-than-expected producer-price report reduced expectations for near-term Federal Reserve rate cuts. Higher-for-longer rates typically weigh on high-growth technology valuations, contributing to weakness across major technology shares, including Alphabet.
• Negative Sentiment: Legal overhang: Multiple law firms publicized a securities class action involving investors who held Alphabet shares between May 19 and July 16, 2026, citing alleged securities-law violations related to disclosures about Gemini AI performance. The repeated deadline reminders may add short-term sentiment pressure, although the ultimate financial impact remains uncertain. Kaplan Fox Alphabet class action reminder

Alphabet Stock Performance

NASDAQ:GOOG opened at $336.91 on Friday. Alphabet Inc. has a 52-week low of $244.67 and a 52-week high of $404.47. The firm has a market capitalization of $4.12 trillion, a PE ratio of 16.92, a P/E/G ratio of 1.00 and a beta of 1.19. The stock has a 50-day simple moving average of $341.08 and a two-hundred day simple moving average of $348.80. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72.

Alphabet (NASDAQ:GOOG - Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The information services provider reported $9.11 EPS for the quarter, beating the consensus estimate of $2.87 by $6.24. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The firm had revenue of $119.80 billion for the quarter, compared to the consensus estimate of $116.53 billion. During the same period last year, the firm earned $2.31 EPS. The company's revenue was up 24.2% on a year-over-year basis. Analysts forecast that Alphabet Inc. will post 20.54 EPS for the current year.

Alphabet Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 14th. Stockholders of record on Monday, September 7th were issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Friday, September 4th. Alphabet's dividend payout ratio is 4.42%.

Alphabet Profile

Alphabet Inc is a technology holding company best known as the parent company of Google. Established in 2015 through a corporate restructuring, Alphabet oversees Google and a collection of businesses focused on technology, innovation and emerging industries. Sundar Pichai serves as Alphabet's chief executive officer and also leads Google.

Google is Alphabet's primary business and operates an internet ecosystem that includes Google Search, online advertising, YouTube, Android, Chrome, Google Maps, Google Play and Google Photos.

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