Sawyer & Company Inc Buys 3,910 Shares of Alphabet Inc. $GOOG

Key Points

• Sawyer & Company acquired 3,910 Alphabet shares worth approximately $1.33 million in the third quarter, while other institutional investors also increased their positions. Institutions and hedge funds collectively own 27.26% of Alphabet.
• Alphabet’s latest quarter showed strong momentum, with revenue up 24.2% year over year to $119.8 billion and EPS of $9.11, well above estimates. Analysts remain broadly positive, with a consensus “Buy” rating and an average price target of $421.85.
• AI investment is both a growth opportunity and a risk. Cloud and AI expansion, proprietary chips and Gemini support the bullish case, while heavy capital spending, execution concerns and related securities litigation create uncertainty.

Sawyer & Company Inc acquired a new position in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 3,910 shares of the information services provider's stock, valued at approximately $1,332,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. TradeWell Securities LLC. lifted its position in Alphabet by 0.5% in the third quarter. TradeWell Securities LLC. now owns 13,902 shares of the information services provider's stock valued at $4,737,000 after acquiring an additional 63 shares during the last quarter. Sowell Financial Services LLC grew its holdings in shares of Alphabet by 2.8% during the third quarter. Sowell Financial Services LLC now owns 76,695 shares of the information services provider's stock worth $26,133,000 after purchasing an additional 2,081 shares during the last quarter. Atticus Wealth Management LLC grew its holdings in shares of Alphabet by 9.8% during the third quarter. Atticus Wealth Management LLC now owns 6,712 shares of the information services provider's stock worth $2,287,000 after purchasing an additional 598 shares during the last quarter. Axecap Investments LLC grew its holdings in shares of Alphabet by 2.1% during the third quarter. Axecap Investments LLC now owns 15,126 shares of the information services provider's stock worth $5,154,000 after purchasing an additional 314 shares during the last quarter. Finally, Bell Bank increased its position in shares of Alphabet by 2.4% during the third quarter. Bell Bank now owns 35,851 shares of the information services provider's stock worth $12,216,000 after purchasing an additional 846 shares in the last quarter. 27.26% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Alphabet

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

Insiders Place Their Bets

In other Alphabet news, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of Alphabet stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $18.90, for a total value of $2,232,808.20. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Frances Arnold sold 83 shares of the business's stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total value of $28,257.35. Following the completion of the transaction, the director directly owned 19,076 shares in the company, valued at approximately $6,494,424.20. The trade was a 0.43% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 315,765 shares of company stock valued at $6,297,980. 12.99% of the stock is owned by company insiders.

Alphabet Stock Performance

NASDAQ GOOG opened at $317.28 on Friday. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a 52-week low of $256.10 and a 52-week high of $404.47. The business's 50-day moving average price is $339.42 and its 200 day moving average price is $350.21. The firm has a market cap of $3.88 trillion, a P/E ratio of 15.94, a P/E/G ratio of 0.92 and a beta of 1.19.

Alphabet (NASDAQ:GOOG - Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.87 by $6.24. The firm had revenue of $119.80 billion for the quarter, compared to analysts' expectations of $116.53 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. The firm's revenue for the quarter was up 24.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.31 EPS. On average, equities research analysts expect that Alphabet Inc. will post 20.60 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms have recently weighed in on GOOG. Wells Fargo & Company set a $417.00 target price on Alphabet and gave the company an "overweight" rating in a report on Tuesday, October 6th. Citic Securities raised their price target on Alphabet from $430.00 to $434.00 and gave the stock a "buy" rating in a research note on Monday, July 27th. Sanford C. Bernstein cut their price target on Alphabet from $390.00 to $385.00 and set a "market perform" rating on the stock in a research report on Thursday, July 23rd. Zacks Research lowered Alphabet from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, August 5th. Finally, Freedom Capital upgraded Alphabet from a "hold" rating to a "strong-buy" rating in a research note on Thursday, July 23rd. Six equities research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Alphabet currently has a consensus rating of "Buy" and an average price target of $421.85.

About Alphabet

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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