Alphabet Inc. $GOOG Stock Sold by Kelleher Financial Advisors

Key Points

• Kelleher Financial Advisors cut its Alphabet stake by 43.6% in the third quarter, selling 40,466 shares. It retained 52,379 shares, valued at about $17.8 million and representing 4.7% of its portfolio.
• Institutional moves were mixed: some investors added or opened positions, while director Frances Arnold sold 83 shares. Institutional investors and hedge funds collectively own 27.26% of Alphabet.
• Alphabet’s latest quarter featured revenue growth of 24.7%, but EPS of $2.12 fell short of the $3.01 consensus estimate. Analysts’ consensus rating was “Moderate Buy,” with an average price target of $413.38.

Kelleher Financial Advisors trimmed its position in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 43.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 52,379 shares of the information services provider's stock after selling 40,466 shares during the period. Alphabet comprises about 4.7% of Kelleher Financial Advisors' portfolio, making the stock its 6th biggest position. Kelleher Financial Advisors' holdings in Alphabet were worth $17,848,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Attestor Capital Ltd purchased a new position in Alphabet in the third quarter valued at $28,673,000. 3Chopt Investment Partners LLC boosted its position in shares of Alphabet by 3.5% during the 3rd quarter. 3Chopt Investment Partners LLC now owns 51,178 shares of the information services provider's stock worth $17,438,000 after acquiring an additional 1,714 shares in the last quarter. Team Financial Group LLC acquired a new position in shares of Alphabet during the 3rd quarter worth about $60,000. Sentry LLC boosted its position in shares of Alphabet by 3.9% during the 3rd quarter. Sentry LLC now owns 9,406 shares of the information services provider's stock worth $3,205,000 after acquiring an additional 356 shares in the last quarter. Finally, Rakuten Investment Management Inc. increased its holdings in shares of Alphabet by 11.1% in the 3rd quarter. Rakuten Investment Management Inc. now owns 1,021,715 shares of the information services provider's stock valued at $344,645,000 after acquiring an additional 101,736 shares during the last quarter. Institutional investors and hedge funds own 27.26% of the company's stock.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google’s Cloud, Gemini, advertising and streaming businesses are showing improving demand, according to market commentary. Reports also cite more than 1 billion Gemini app users and rapid Google Cloud growth, supporting the case that AI can create revenue beyond traditional Search. Article: GOOGL Cloud Momentum Clashes with Google Search Concerns
• Positive Sentiment: Alphabet disclosed a roughly $548 million Qualcomm stake, which could strengthen its AI data-center supply and technology relationships. Article: Alphabet discloses $548 million worth of Qualcomm stake
• Neutral Sentiment: Google acquired Crusoe’s planned Wyoming data-center site as part of a reported $17 billion expansion, with a pledge to cover the facility’s power costs. More capacity could support AI and cloud growth, while the scale of investment and energy needs add to concerns about spending and infrastructure constraints. Article: Google acquires Wyoming data center site from AI infrastructure firm Crusoe
• Neutral Sentiment: Alphabet’s Wing plans to invest up to $125 million in a Texas manufacturing facility, expanding its drone-delivery capacity. It offers longer-term growth potential but is a relatively small, multi-year investment compared with Alphabet’s core businesses. Article: Alphabet's Drone Unit to Invest Up to $125 Million in New Texas Facility
• Negative Sentiment: Investors continue to question whether AI assistants could weaken Search growth and how effectively Alphabet can monetize AI search. Heavy data-center spending also raises concerns about cash flow, electricity availability and potential regulation. Article: Are the Fears Around Alphabet’s Search Slowdown Warranted?
• Negative Sentiment: Several law firms publicized an existing securities class action alleging investor harm during May–July 2026; the claims remain allegations, but the publicity may add a legal overhang. Separately, parents’ claims over an AI chatbot’s alleged role in a student’s suicide attempt raise potential safety and reputational concerns. Article: Google faces claims student used AI chat on US school laptop to plan suicide attempt

Insider Buying and Selling at Alphabet

In other news, 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 value of $28,257.35. Following the completion of the sale, the director directly owned 19,076 shares of the company's stock, valued at approximately $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 Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold 247 shares of company stock valued at $79,238 over the last three months. 12.99% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Oppenheimer reissued an "outperform" rating and set a $400.00 target price (down from $445.00) on shares of Alphabet in a research report on Thursday, July 23rd. TD Cowen reiterated a "buy" rating and issued a $460.00 price target (down from $485.00) on shares of Alphabet in a research note on Thursday, October 29th. Wedbush assumed coverage on shares of Alphabet in a research note on Thursday, July 16th. They issued an "outperform" rating and a $445.00 price target on the stock. JPMorgan Chase & Co. reduced their price objective on shares of Alphabet from $425.00 to $375.00 and set an "overweight" rating for the company in a research report on Thursday, October 29th. Finally, Royal Bank Of Canada restated a "buy" rating and issued a $475.00 target price on shares of Alphabet in a report on Thursday, July 23rd. Six research analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Alphabet presently has an average rating of "Moderate Buy" and a consensus target price of $413.38.

Alphabet Stock Performance

Shares of GOOG traded up $2.19 during midday trading on Friday, reaching $283.93. 24,574,811 shares of the stock were exchanged, compared to its average volume of 22,294,856. Alphabet Inc. has a twelve month low of $271.41 and a twelve month high of $404.47. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.79 and a quick ratio of 2.69. The company has a market capitalization of $3.47 trillion, a price-to-earnings ratio of 14.82, a PEG ratio of 0.84 and a beta of 1.21. The business's 50-day moving average price is $329.78 and its 200 day moving average price is $337.01.

Alphabet (NASDAQ:GOOG - Get Free Report) last announced its earnings results on Thursday, October 29th. The information services provider reported $2.12 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.01 by ($0.89). The firm had revenue of $127.58 billion during the quarter, compared to analyst estimates of $127.97 billion. Alphabet had a net margin of 50.03% and a return on equity of 43.33%. The firm's revenue for the quarter was up 24.7% compared to the same quarter last year. During the same period last year, the company earned $2.87 earnings per share. On average, sell-side analysts expect that Alphabet Inc. will post 19.80 EPS for the current fiscal year.

Alphabet Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 14th. Shareholders of record on Monday, December 7th will be paid a $0.22 dividend. The ex-dividend date is Monday, December 7th. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. Alphabet's payout ratio is currently 4.59%.

About Alphabet

Alphabet is a technology holding company whose primary business is Google. Founded in 1998 by Larry Page and Sergey Brin, Google became part of Alphabet when the company adopted a holding-company structure in 2015. Sundar Pichai leads Alphabet and Google as chief executive officer.

Google offers internet search, online advertising, cloud computing, and software and hardware products. Its services and products include Google Search, YouTube, Android, Chrome, Google Maps, Google Play, and Google Cloud.

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