Alphabet Inc. $GOOGL Shares Sold by Integrated Advisors Network LLC

Key Points

• Integrated Advisors Network LLC reduced its Alphabet position by 8.8% in the third quarter, selling 8,717 shares and retaining 89,938 shares valued at approximately $30.9 million.
• Other major institutions, including State Street, Amundi, Mitsubishi UFJ Asset Management, Swiss National Bank, and Arrowstreet Capital, increased their Alphabet holdings; institutional investors collectively own 40.03% of the company.
• Analyst sentiment remains favorable, with a consensus “Buy” rating and an average price target of $425.04, though investors are watching AI spending, margins, the upcoming earnings report, legal claims, and cloud-outage concerns.

Integrated Advisors Network LLC lessened its position in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 8.8% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 89,938 shares of the information services provider's stock after selling 8,717 shares during the period. Alphabet makes up 1.4% of Integrated Advisors Network LLC's holdings, making the stock its 12th largest position. Integrated Advisors Network LLC's holdings in Alphabet were worth $30,946,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. State Street Corp grew its holdings in Alphabet by 5.6% during the second quarter. State Street Corp now owns 238,977,259 shares of the information services provider's stock worth $85,403,303,000 after acquiring an additional 12,718,127 shares during the period. Amundi lifted its holdings in Alphabet by 4.6% in the 2nd quarter. Amundi now owns 33,203,350 shares of the information services provider's stock valued at $11,865,809,000 after acquiring an additional 1,457,371 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in Alphabet by 10.1% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 17,724,321 shares of the information services provider's stock valued at $6,334,186,000 after acquiring an additional 1,631,721 shares during the last quarter. Swiss National Bank boosted its holdings in shares of Alphabet by 7.1% in the first quarter. Swiss National Bank now owns 17,079,800 shares of the information services provider's stock worth $4,911,467,000 after buying an additional 1,139,400 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its stake in Alphabet by 90.9% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 17,040,373 shares of the information services provider's stock worth $4,900,078,000 after acquiring an additional 8,112,680 shares in the last quarter. Institutional investors own 40.03% of the company's stock.

Insider Buying and Selling

In other Alphabet news, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of Alphabet stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $18.90, for a total transaction of $2,232,808.20. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Frances Arnold sold 83 shares of the stock in a transaction dated Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total transaction of $28,257.35. Following the completion of the transaction, the director directly owned 19,076 shares of the company's stock, valued at $6,494,424.20. This trade represents a 0.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 118,834 shares of company stock valued at $2,465,703 over the last three months. 11.61% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on GOOGL. Freedom Capital raised Alphabet from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 23rd. DZ Bank upgraded shares of Alphabet to a "strong-buy" rating in a research note on Thursday, July 23rd. Piper Sandler upped their price target on shares of Alphabet from $395.00 to $400.00 and gave the company an "overweight" rating in a report on Monday, September 28th. KeyCorp lowered their price target on Alphabet from $435.00 to $410.00 and set an "overweight" rating on the stock in a research report on Monday, October 19th. Finally, JPMorgan Chase & Co. increased their target price on Alphabet from $420.00 to $425.00 and gave the company an "overweight" rating in a research note on Thursday, October 15th. Five investment analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of "Buy" and an average target price of $425.04.

Alphabet Stock Performance

NASDAQ:GOOGL opened at $320.21 on Monday. The firm's 50-day moving average is $342.79 and its 200-day moving average is $353.19. The company has a market cap of $3.92 trillion, a price-to-earnings ratio of 16.08, a PEG 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. Alphabet Inc. has a 52-week low of $255.32 and a 52-week high of $408.61.

Key Stories Impacting Alphabet

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.

About Alphabet

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.

Want to see what other hedge funds are holding GOOGL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alphabet Inc. (NASDAQ:GOOGL - Free Report).

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.