2,366 Alphabet Inc. $GOOG Shares Sold by Lynx Investment Advisory

Lynx Investment Advisory decreased its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 62.1% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 1,441 shares of the information services provider’s stock after selling 2,366 shares during the period. Lynx Investment Advisory’s holdings in Alphabet were worth $491,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. BlackRock Inc. raised its stake in Alphabet by 1.4% in the 2nd quarter. BlackRock Inc. now owns 369,922,502 shares of the information services provider’s stock worth $130,704,718,000 after acquiring an additional 5,164,200 shares during the last quarter. State Street Corp lifted its position in Alphabet by 2.8% during the 2nd quarter. State Street Corp now owns 190,923,442 shares of the information services provider’s stock worth $67,458,980,000 after acquiring an additional 5,208,690 shares during the period. Amundi grew its stake in Alphabet by 22.9% during the 1st quarter. Amundi now owns 21,922,379 shares of the information services provider’s stock valued at $6,288,654,000 after purchasing an additional 4,083,758 shares during the last quarter. Deutsche Bank AG grew its stake in Alphabet by 5.6% during the 2nd quarter. Deutsche Bank AG now owns 17,313,729 shares of the information services provider’s stock valued at $6,117,460,000 after purchasing an additional 913,666 shares during the last quarter. Finally, Wellington Management Group LLP grew its stake in Alphabet by 24.9% during the 2nd quarter. Wellington Management Group LLP now owns 17,209,454 shares of the information services provider’s stock valued at $6,080,616,000 after purchasing an additional 3,432,287 shares during the last quarter. Institutional investors and hedge funds own 27.26% of the company’s stock.

Key Alphabet News

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

Insider Activity

In other news, Director Frances Arnold sold 83 shares of Alphabet stock in a transaction on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total transaction 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. The trade was a 0.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold 247 shares of company stock valued at $79,238 in the last 90 days. 12.99% of the stock is currently owned by company insiders.

Alphabet Trading Down 1.5%

Shares of Alphabet stock opened at $278.22 on Friday. The firm has a market capitalization of $3.40 trillion, a PE ratio of 14.52, a P/E/G ratio of 0.81 and a beta of 1.19. Alphabet Inc. has a twelve month low of $271.41 and a twelve month high of $404.47. The firm’s 50-day moving average price is $335.73 and its 200 day moving average price is $338.25. The company has a current ratio of 2.79, a quick ratio of 2.64 and a debt-to-equity ratio of 0.19.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings data on Wednesday, October 28th. The information services provider reported $2.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.01 by ($0.89). Alphabet had a net margin of 50.03% and a return on equity of 43.33%. The business had revenue of $127.58 billion for the quarter, compared to analysts’ expectations of $127.97 billion. During the same period in the prior year, the company posted $2.87 EPS. The firm’s revenue was up 24.7% on a year-over-year basis. On average, sell-side analysts predict that Alphabet Inc. will post 19.99 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

GOOG has been the subject of several research reports. Stifel Nicolaus set a $485.00 price objective on shares of Alphabet in a research note on Thursday, October 8th. Susquehanna reiterated a “positive” rating and issued a $400.00 price objective on shares of Alphabet in a research note on Thursday. Wells Fargo & Company reiterated an “overweight” rating and issued a $371.00 price objective on shares of Alphabet in a research note on Friday. BMO Capital Markets set a $425.00 target price on shares of Alphabet in a report on Thursday. Finally, Tigress Financial boosted their target price on shares of Alphabet from $415.00 to $485.00 and gave the company a “strong-buy” rating in a research report on Friday, September 18th. Six investment analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $413.54.

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.