Alphabet Inc. $GOOG Stock Sold by Investment House LLC

Key Points

• Investment House LLC cut its Alphabet stake by 36.1% in the third quarter, selling 68,138 shares and retaining 120,354 shares worth approximately $41.0 million.
• Other institutional investors mostly increased their positions, while hedge funds and institutional investors collectively own 27.26% of Alphabet. Insiders sold about 118,834 shares worth $2.5 million over the past three months.
• Analysts remain broadly bullish, with a consensus “Buy” rating and average price target of $421.85, though AI execution, heavy capital spending and related litigation remain key risks.

Investment House LLC decreased its holdings in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 36.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 120,354 shares of the information services provider's stock after selling 68,138 shares during the quarter. Alphabet accounts for about 1.8% of Investment House LLC's holdings, making the stock its 9th biggest holding. Investment House LLC's holdings in Alphabet were worth $41,009,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Powell Investment Advisors LLC raised its stake in Alphabet by 1.7% in the third quarter. Powell Investment Advisors LLC now owns 2,957 shares of the information services provider's stock valued at $1,007,000 after buying an additional 50 shares in the last quarter. JSF Financial LLC raised its position in shares of Alphabet by 0.4% during the 3rd quarter. JSF Financial LLC now owns 8,589 shares of the information services provider's stock worth $2,927,000 after acquiring an additional 33 shares in the last quarter. E. Ohman J or Asset Management AB raised its position in shares of Alphabet by 1.0% during the 3rd quarter. E. Ohman J or Asset Management AB now owns 146,315 shares of the information services provider's stock worth $49,855,000 after acquiring an additional 1,450 shares in the last quarter. McCarley & Cook Financial Planners lifted its stake in Alphabet by 5.8% during the third quarter. McCarley & Cook Financial Planners now owns 2,279 shares of the information services provider's stock worth $777,000 after purchasing an additional 124 shares during the last quarter. Finally, Cypress Wealth Services LLC boosted its holdings in Alphabet by 2.5% in the third quarter. Cypress Wealth Services LLC now owns 22,299 shares of the information services provider's stock valued at $7,684,000 after purchasing an additional 548 shares in the last quarter. Hedge funds and other institutional investors own 27.26% of the company's stock.

Alphabet News Summary

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

Insider Activity

In other news, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $18.90, for a total transaction of $2,232,808.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Frances Arnold sold 83 shares of the firm'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 transaction, the director directly owned 19,076 shares in the company, valued at approximately $6,494,424.20. This represents a 0.43% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 118,834 shares of company stock valued at $2,465,703. Insiders own 12.99% of the company's stock.

Analyst Ratings Changes

Several brokerages have commented on GOOG. China Renaissance dropped their price target on shares of Alphabet from $485.00 to $445.00 and set a "buy" rating on the stock in a research note on Friday, July 24th. Royal Bank Of Canada restated a "buy" rating and set a $475.00 price objective on shares of Alphabet in a research report on Thursday, July 23rd. Weiss Ratings restated a "buy (b)" rating on shares of Alphabet in a report on Thursday, October 15th. Raymond James Financial restated a "strong-buy" rating on shares of Alphabet in a report on Thursday, July 23rd. Finally, TD Cowen reaffirmed a "buy" rating and issued a $485.00 target price (up from $475.00) on shares of Alphabet in a research report on Thursday, October 8th. Six investment analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average target price of $421.85.

Alphabet Price Performance

Shares of NASDAQ:GOOG opened at $317.28 on Monday. Alphabet Inc. has a 1-year low of $256.10 and a 1-year high of $404.47. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. The stock has a market cap of $3.88 trillion, a P/E ratio of 15.94, a P/E/G ratio of 0.91 and a beta of 1.19. The firm has a fifty day moving average price of $339.42 and a 200 day moving average price of $350.58.

Alphabet Company 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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