Alphabet Inc. $GOOG Stock Acquired by Tarbox Family Office Inc.

Tarbox Family Office Inc. boosted its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 179.7% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,833 shares of the information services provider’s stock after buying an additional 1,820 shares during the quarter. Tarbox Family Office Inc.’s holdings in Alphabet were worth $965,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Readystate Asset Management LP acquired a new stake in Alphabet in the 2nd quarter valued at about $45,352,000. Arrowstreet Capital Limited Partnership boosted its position in shares of Alphabet by 76.1% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 14,581,870 shares of the information services provider’s stock valued at $4,182,952,000 after purchasing an additional 6,300,900 shares in the last quarter. State Street Corp grew its stake in shares of Alphabet by 2.8% in 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 purchasing an additional 5,208,690 shares during the last quarter. BlackRock Inc. grew its stake in shares of 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 purchasing an additional 5,164,200 shares during the last quarter. Finally, Amundi grew its stake in shares of Alphabet by 22.9% in the 1st quarter. Amundi now owns 21,922,379 shares of the information services provider’s stock worth $6,288,654,000 after purchasing an additional 4,083,758 shares during the last quarter. 27.26% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Alphabet news, Director Frances Arnold sold 83 shares of the firm’s stock in a transaction dated 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 $6,494,424.20. This trade represents a 0.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 12.99% of the company’s stock.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud growth accelerated sharply. Cloud revenue more than doubled to approximately $30.7 billion, reflecting strong enterprise demand and supporting the view that Alphabet’s AI investments are generating substantial revenue. Google Cloud Revenue Just Grew 103%, so Why Is the Stock Falling?
• Positive Sentiment: AI products and infrastructure offer longer-term upside. Alphabet launched its Gemini 4 Carbon model, expanded AI Search advertising internationally and reportedly attracted interest from OpenAI in its internally developed TPU chips. One analyst described the post-earnings pullback as a potential buying opportunity. Google’s post-earnings stock pullback could be a buying opportunity
• Neutral Sentiment: Revenue remained solid but the mix was concerning. Total revenue rose 25% to about $127.6 billion, close to expectations, while YouTube advertising increased 9%. However, investors are increasingly focused on whether AI-driven businesses can offset slowing growth in Google’s core Search advertising franchise. Google Shares Fall as Ad Revenue Misses Estimates
• Negative Sentiment: Profitability and cash flow disappointed. Third-quarter EPS of $2.12 missed consensus estimates near $3.00 and fell from $2.87 a year earlier, partly due to an approximately $8.7 billion investment loss. Capital expenditures reached roughly $51.4 billion, while free cash flow turned negative as Alphabet expanded data-center capacity and hired AI talent. The heavy spending raised concerns that AI returns may take longer to materialize. Alphabet’s heavy cloud spending drives bigger-than-expected cash burn
• Negative Sentiment: Regulatory and legal risks remain secondary overhangs. South Korean authorities fined Google over alleged app-market practices, while multiple law firms publicized securities litigation tied to alleged disclosures about Gemini development. These issues were less important than earnings but could add longer-term uncertainty. South Korea fines Google and Apple over unfair app market practices

Alphabet Trading Up 1.6%

NASDAQ:GOOG opened at $321.89 on Thursday. 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 1-year low of $268.43 and a 1-year high of $404.47. The firm has a market capitalization of $3.94 trillion, a price-to-earnings ratio of 16.17, a price-to-earnings-growth ratio of 0.91 and a beta of 1.19. The stock has a fifty day simple moving average of $338.12 and a 200 day simple moving average of $338.76.

Alphabet (NASDAQ:GOOG) last issued its quarterly 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). The company had revenue of $127.58 billion during the quarter, compared to analysts’ expectations of $127.97 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. The company’s revenue for the quarter was up 24.7% compared to the same quarter last year. During the same period in the prior year, the business posted $2.87 EPS. Sell-side analysts forecast that Alphabet Inc. will post 20.60 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. China Renaissance dropped their target price on shares of Alphabet from $485.00 to $445.00 and set a “buy” rating on the stock in a report on Friday, July 24th. Piper Sandler raised their target price on shares of Alphabet from $395.00 to $400.00 and gave the stock an “overweight” rating in a report on Monday, September 28th. Cantor Fitzgerald restated an “overweight” rating and issued a $420.00 price target (down from $435.00) on shares of Alphabet in a research report on Thursday, July 23rd. Wedbush initiated coverage on Alphabet in a report on Thursday, July 16th. They issued an “outperform” rating and a $445.00 price target on the stock. Finally, Wolfe Research reaffirmed an “outperform” rating on shares of Alphabet in a report on Thursday, August 27th. Six research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, Alphabet has a consensus rating of “Buy” and an average price target of $421.85.

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.