Alphabet Inc. $GOOG Stock Position Decreased by Gradient Investments LLC

Gradient Investments LLC cut its stake in shares of Alphabet Inc. (NASDAQ:GOOG) by 14.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 295,956 shares of the information services provider’s stock after selling 49,431 shares during the quarter. Alphabet comprises approximately 1.4% of Gradient Investments LLC’s portfolio, making the stock its 13th biggest position. Gradient Investments LLC’s holdings in Alphabet were worth $100,844,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in GOOG. Denali Advisors LLC boosted its position in Alphabet by 14.8% in the second quarter. Denali Advisors LLC now owns 105,988 shares of the information services provider’s stock worth $37,449,000 after purchasing an additional 13,700 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management lifted its stake in shares of Alphabet by 1.0% during the 4th quarter. Gerber Kawasaki Wealth & Investment Management now owns 275,943 shares of the information services provider’s stock valued at $86,596,000 after buying an additional 2,850 shares in the last quarter. Heck Capital Advisors LLC boosted its stake in shares of Alphabet by 298.2% in the second quarter. Heck Capital Advisors LLC now owns 22,229 shares of the information services provider’s stock worth $7,854,000 after acquiring an additional 16,647 shares during the period. Montchanin Asset Management LLC purchased a new stake in Alphabet during the 1st quarter valued at approximately $7,075,000. Finally, Sax Wealth Advisors LLC increased its holdings in Alphabet by 13.3% in the 2nd quarter. Sax Wealth Advisors LLC now owns 30,489 shares of the information services provider’s stock valued at $10,773,000 after acquiring an additional 3,575 shares during the last quarter. 27.26% of the stock is currently owned by hedge funds and other institutional investors.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Isomorphic Labs valuation could validate Alphabet’s AI portfolio. The Alphabet-backed drug-discovery startup is reportedly seeking funding at a valuation of at least $40 billion, potentially reaching $50 billion. A successful financing round could highlight the value of Alphabet’s AI assets beyond advertising and cloud services. Alphabet’s Isomorphic Labs seeks valuation of at least $40 billion in new funding round
• Positive Sentiment: Waymo secured $5 billion in debt financing from Blackstone, PIMCO and Sixth Street to accelerate robotaxi expansion. The funding provides additional capital for Alphabet’s autonomous-driving unit without requiring an immediate equity contribution from the parent company. Waymo locks in $5B loan from Blackstone, PIMCO to fuel robotaxi expansion
• Positive Sentiment: Google is broadening commercial applications for Gemini and cloud. Google Cloud is deploying Gemini models with Balyasny Asset Management, while an education partnership will provide Gemini Enterprise to more than 30,000 users. These deals offer evidence of enterprise demand and potential returns on Alphabet’s substantial AI infrastructure spending. Balyasny Asset Management Deploys Gemini Models for Agentic Financial Research
• Positive Sentiment: Long-term power agreements support AI data-center expansion. Alphabet’s nuclear and utility arrangements are designed to secure reliable electricity for data centers, reducing a key bottleneck for cloud and AI growth. Its Unity gaming partnership and new AI media-authentication tools also expand Alphabet’s product ecosystem. Google and Constellation Energy sign latest nuclear energy deal
• Neutral Sentiment: Analysts remain overwhelmingly bullish. Reports cite unanimous positive coverage and price targets well above the current trading range, but some analysts warn that Alphabet’s premium valuation leaves little room for disappointing AI returns. Alphabet Price Prediction: 56 Analysts Bullish, Zero Sells
• Negative Sentiment: Shareholder litigation remains an overhang. Multiple law firms are promoting a securities class action alleging that Alphabet failed to disclose issues related to the anticipated Gemini 3.5 Pro launch and training performance. The allegations are unresolved, but they could increase legal costs and reputational risk. Alphabet Shareholder Alert
• Negative Sentiment: Execution and capital-spending risks are rising. Google was ordered to pause work on two Finnish data centers pending environmental assessments, while commentary points to negative free cash flow and higher debt as AI spending accelerates. These issues could pressure margins if AI monetization fails to keep pace with infrastructure investment. Google ordered to halt work on two data centers in Finland

Insider Activity

In other Alphabet news, Director Frances Arnold sold 83 shares of the company’s 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 sale, the director owned 19,076 shares in the company, valued at $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 available through this link. Also, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the company’s stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $19.46, for a total value of $3,832,277.26. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 441,399 shares of company stock valued at $8,677,053 in the last quarter. Insiders own 12.99% of the company’s stock.

Wall Street Analysts Forecast Growth

GOOG has been the subject of a number of recent research reports. Wolfe Research reissued an “outperform” rating on shares of Alphabet in a research note on Thursday, August 27th. HSBC set a $515.00 price target on Alphabet in a report on Friday, August 14th. New Street Research cut their price target on shares of Alphabet from $455.00 to $405.00 and set a “buy” rating on the stock in a report on Friday, July 24th. Wells Fargo & Company set a $417.00 price objective on shares of Alphabet and gave the company an “overweight” rating in a research report on Tuesday. Finally, Oppenheimer reiterated an “outperform” rating and issued a $400.00 price target (down from $445.00) on shares of Alphabet in a report on Thursday, July 23rd. Six investment analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Alphabet currently has a consensus rating of “Buy” and an average target price of $421.95.

Alphabet Stock Down 1.0%

Shares of GOOG stock traded down $3.42 during mid-day trading on Thursday, hitting $343.95. 7,081,423 shares of the stock traded hands, compared to its average volume of 20,390,340. Alphabet Inc. has a 52-week low of $236.68 and a 52-week high of $404.47. The stock has a market cap of $4.21 trillion, a P/E ratio of 17.33, a P/E/G ratio of 1.00 and a beta of 1.19. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. The stock’s fifty day moving average is $342.92 and its two-hundred day moving average is $346.43.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings results on Thursday, July 23rd. The information services provider reported $9.11 EPS for the quarter, topping analysts’ consensus estimates of $2.87 by $6.24. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.The company had revenue of $119.80 billion during the quarter, compared to analysts’ expectations of $116.53 billion. During the same quarter in the previous year, the firm posted $2.31 EPS. The firm’s revenue was up 24.2% compared to the same quarter last year. Equities analysts predict that Alphabet Inc. will post 20.55 EPS for the current year.

Alphabet Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, September 14th. Stockholders of record on Monday, September 7th were issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Friday, September 4th. Alphabet’s payout ratio is currently 4.42%.

Alphabet Profile

Alphabet Inc is a technology holding company best known as the parent company of Google. Established in 2015 through a corporate restructuring, Alphabet oversees Google and a collection of businesses focused on technology, innovation and emerging industries. Sundar Pichai serves as Alphabet’s chief executive officer and also leads Google.

Google is Alphabet’s primary business and operates an internet ecosystem that includes Google Search, online advertising, YouTube, Android, Chrome, Google Maps, Google Play and Google Photos.