Blueprint Investment Partners LLC Sells 7,200 Shares of Alphabet Inc. $GOOG

Key Points

• Blueprint Investment Partners reduced its Alphabet stake by 27.2% in the third quarter, selling 7,200 shares and retaining 19,312 shares valued at approximately $6.58 million. Institutional investors collectively own 27.26% of Alphabet.
• Alphabet’s latest quarter delivered 24.7% year-over-year revenue growth to $127.58 billion, but earnings of $2.12 per share missed the $3.01 consensus estimate. Heavy AI investment also pushed quarterly free cash flow approximately $9 billion negative.
• Analysts remain broadly bullish, with a consensus “Moderate Buy” rating and a $413.54 price target, while Google Cloud growth, AI opportunities and a lower valuation provide potential upside despite earnings and cash-flow concerns.

Blueprint Investment Partners LLC trimmed its stake in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 27.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,312 shares of the information services provider's stock after selling 7,200 shares during the quarter. Blueprint Investment Partners LLC's holdings in Alphabet were worth $6,580,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Kelsey Financial LLC raised its position in Alphabet by 3.7% during the 3rd quarter. Kelsey Financial LLC now owns 990 shares of the information services provider's stock valued at $337,000 after purchasing an additional 35 shares during the last quarter. Crew Capital Management Ltd raised its stake in Alphabet by 13.2% in the third quarter. Crew Capital Management Ltd now owns 4,887 shares of the information services provider's stock worth $1,665,000 after buying an additional 570 shares in the last quarter. United Asset Strategies Inc. lifted its stake in shares of Alphabet by 11.9% during the third quarter. United Asset Strategies Inc. now owns 10,086 shares of the information services provider's stock worth $3,437,000 after buying an additional 1,072 shares during the period. Choreo LLC boosted its holdings in Alphabet by 2.7% in the 3rd quarter. Choreo LLC now owns 221,533 shares of the information services provider's stock worth $75,428,000 after buying an additional 5,770 shares during the last quarter. Finally, Argentarii LLC grew its holdings in shares of Alphabet by 7.1% during the 3rd quarter. Argentarii LLC now owns 4,622 shares of the information services provider's stock worth $1,575,000 after purchasing an additional 308 shares during the period. Hedge funds and other institutional investors own 27.26% of the company's stock.

Insider Buying and Selling at Alphabet

In related news, Director Frances Arnold sold 83 shares of the stock in a transaction 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 in the company, valued at approximately $6,494,424.20. This represents a 0.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last 90 days, insiders sold 247 shares of company stock worth $79,238. Corporate insiders own 12.99% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Jefferies Financial Group restated a "buy" rating on shares of Alphabet in a research report on Monday, August 3rd. The Goldman Sachs Group lowered their target price on Alphabet from $440.00 to $435.00 and set a "buy" rating on the stock in a report on Thursday, July 23rd. HSBC set a $515.00 price target on shares of Alphabet in a report on Friday, August 14th. DA Davidson reduced their target price on shares of Alphabet from $375.00 to $350.00 and set a "neutral" rating on the stock in a research note on Thursday, July 23rd. Finally, Benchmark reaffirmed a "buy" rating on shares of Alphabet in a research note on Thursday. Six investment analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $413.54.

Alphabet News Summary

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

Alphabet Stock Performance

GOOG opened at $278.22 on Monday. The business has a 50 day simple moving average of $335.73 and a two-hundred day simple moving average of $338.25. The firm has a market capitalization of $3.40 trillion, a price-to-earnings ratio of 14.52, a PEG ratio of 0.83 and a beta of 1.19. Alphabet Inc. has a one year low of $271.41 and a one year 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.

Alphabet (NASDAQ:GOOG - Get Free Report) last posted 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). Alphabet had a return on equity of 43.33% and a net margin of 50.03%. The business had revenue of $127.58 billion during the quarter, compared to the consensus estimate of $127.97 billion. During the same quarter last year, the firm earned $2.87 earnings per share. The business's quarterly revenue was up 24.7% on a year-over-year basis. Analysts predict that Alphabet Inc. will post 19.99 EPS for the current year.

Alphabet Announces Dividend

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

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.

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