Alphabet Inc. $GOOG Stock Purchased by Asset Management One Co. Ltd.

Key Points

• Asset Management One increased its Alphabet stake by 1.5% in the third quarter, purchasing 33,725 additional shares. The fund now owns 2.25 million shares valued at approximately $765 million, while institutional investors collectively hold 27.26% of Alphabet.
• Alphabet reported quarterly earnings of $2.12 per share and $127.6 billion in revenue, both slightly below analyst expectations, despite 24.7% year-over-year revenue growth. Shares opened at $278.22, near the company’s one-year low.
• Investors are weighing strong Google Cloud and AI growth against heavy AI-related spending, weaker-than-expected search monetization, and negative free cash flow. Analysts remain broadly positive, with a consensus “Moderate Buy” rating and a $413.54 price target.

Asset Management One Co. Ltd. increased its stake in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 1.5% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,245,152 shares of the information services provider's stock after purchasing an additional 33,725 shares during the period. Alphabet makes up 1.9% of Asset Management One Co. Ltd.'s investment portfolio, making the stock its 8th largest holding. Asset Management One Co. Ltd.'s holdings in Alphabet were worth $765,013,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. MADDEN SECURITIES Corp boosted its holdings in Alphabet by 22.4% in the third quarter. MADDEN SECURITIES Corp now owns 7,807 shares of the information services provider's stock worth $2,660,000 after purchasing an additional 1,427 shares during the last quarter. Lynch Investment Planning LLC bought a new stake in Alphabet in the 3rd quarter worth approximately $158,000. Latitude Advisors LLC grew its position in Alphabet by 11.5% in the 3rd quarter. Latitude Advisors LLC now owns 1,308 shares of the information services provider's stock worth $446,000 after purchasing an additional 135 shares during the period. Roman Butler Fullerton & Co. raised its stake in Alphabet by 1.3% during the 3rd quarter. Roman Butler Fullerton & Co. now owns 32,910 shares of the information services provider's stock valued at $11,195,000 after buying an additional 427 shares during the last quarter. Finally, SYM FINANCIAL Corp raised its stake in Alphabet by 12.3% during the 3rd quarter. SYM FINANCIAL Corp now owns 6,155 shares of the information services provider's stock valued at $2,097,000 after buying an additional 674 shares during the last quarter. Institutional investors own 27.26% of the company's stock.

Alphabet Stock Performance

Shares of NASDAQ GOOG opened at $278.22 on Friday. The stock has a market cap of $3.40 trillion, a PE ratio of 14.52, a price-to-earnings-growth ratio of 0.81 and a beta of 1.19. Alphabet Inc. has a 1 year low of $271.41 and a 1 year high of $404.47. The firm has a fifty day moving average price of $335.73 and a 200-day moving average price of $338.25. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.79 and a quick ratio of 2.64.

Alphabet (NASDAQ:GOOG - Get Free Report) last released its earnings results on Wednesday, October 28th. The information services provider reported $2.12 earnings per share for the quarter, missing analysts' consensus estimates of $3.01 by ($0.89). The firm had revenue of $127.58 billion for the quarter, compared to analysts' expectations of $127.97 billion. Alphabet had a net margin of 50.03% and a return on equity of 43.33%. The firm's quarterly revenue was up 24.7% compared to the same quarter last year. During the same quarter last year, the firm posted $2.87 EPS. Equities analysts anticipate that Alphabet Inc. will post 19.99 earnings per share for the current fiscal year.

Insider Buying and Selling at Alphabet

In other news, Director Frances Arnold sold 83 shares of the company's stock in a transaction dated Wednesday, September 30th. The stock was 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 $6,494,424.20. This represents a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders sold a total of 247 shares of company stock valued at $79,238 over the last three months. Corporate insiders own 12.99% of the company's stock.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud delivered exceptional growth. Revenue more than doubled year over year to approximately $30.7 billion, while operating margins expanded and the backlog reached roughly $561 billion. This supports the view that Alphabet’s AI investments are generating demand. Alphabet Cloud Business Article
• Positive Sentiment: Alphabet’s AI platform may create new revenue streams. OpenAI reportedly plans to use Google’s tensor-processing units, while Gemini performance and expanding AI Search advertising could help Alphabet compete in the AI infrastructure market. Analysts including Goldman Sachs and JPMorgan remain constructive, despite lowering price targets. OpenAI Google AI Chips Article
• Positive Sentiment: Valuation has become more attractive. Reports place GOOG’s price-to-earnings ratio near 14.6, the lowest level in many years, prompting some investors to characterize the selloff as a potential long-term buying opportunity. Google Valuation Article
• Neutral Sentiment: Waymo is expanding internationally. Alphabet’s autonomous-driving unit will test Toyota bZ4X robotaxis in Japan and the U.K., but the business remains small and cash-burning. Waymo Toyota Partnership Article
• Negative Sentiment: Quarterly results missed expectations. Alphabet reported approximately $2.12 in earnings per share and $127.6 billion in revenue, below consensus forecasts. Search revenue grew but missed estimates, and AI-powered searches are reportedly harder to monetize than traditional searches. Alphabet Search Earnings Article
• Negative Sentiment: AI spending is straining cash flow. Capital expenditures and infrastructure commitments pushed free cash flow approximately $9 billion negative for the quarter, raising concerns about returns on Alphabet’s enormous AI investment program and potential financing or dilution. Tech Giants AI Spending Article
• Negative Sentiment: Additional earnings pressure came from investments and legal risk. An unrealized loss on Alphabet’s SpaceX stake reduced earnings, while multiple law firms publicized securities class-action deadlines tied to alleged AI disclosures. These lawsuits are largely investor notices, but they add reputational and headline risk. Alphabet Class Action Notice

Analyst Upgrades and Downgrades

Several analysts recently commented on GOOG shares. DZ Bank raised Alphabet from a "buy" rating to a "strong-buy" rating in a report on Thursday, July 23rd. Wedbush assumed coverage on Alphabet in a report on Thursday, July 16th. They issued an "outperform" rating and a $445.00 target price on the stock. Wells Fargo & Company reaffirmed an "overweight" rating and set a $371.00 target price on shares of Alphabet in a report on Friday. Truist Financial set a $410.00 price objective on Alphabet in a research note on Thursday. Finally, DA Davidson reduced their price target on Alphabet from $375.00 to $350.00 and set a "neutral" rating for the company in a research report on Thursday, July 23rd. Six investment analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $413.54.

Alphabet Profile

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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