Alphabet Inc. $GOOG Shares Sold by WESPAC Advisors LLC

WESPAC Advisors LLC reduced its stake in shares of Alphabet Inc. (NASDAQ:GOOG) by 45.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,513 shares of the information services provider’s stock after selling 2,062 shares during the quarter. WESPAC Advisors LLC’s holdings in Alphabet were worth $856,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Higgins & Schmidt Wealth Strategies LLC raised its holdings in shares of Alphabet by 3.1% during the third quarter. Higgins & Schmidt Wealth Strategies LLC now owns 1,575 shares of the information services provider’s stock valued at $537,000 after acquiring an additional 48 shares in the last quarter. Gratus Wealth Advisors LLC boosted its holdings in Alphabet by 0.6% in the third quarter. Gratus Wealth Advisors LLC now owns 29,534 shares of the information services provider’s stock valued at $10,064,000 after acquiring an additional 178 shares in the last quarter. Segment Wealth Management LLC boosted its holdings in Alphabet by 3.8% in the third quarter. Segment Wealth Management LLC now owns 46,691 shares of the information services provider’s stock valued at $15,909,000 after acquiring an additional 1,709 shares in the last quarter. Verdence Capital Advisors LLC increased its position in Alphabet by 36.9% during the 3rd quarter. Verdence Capital Advisors LLC now owns 51,830 shares of the information services provider’s stock valued at $17,661,000 after purchasing an additional 13,980 shares during the period. Finally, National Wealth Management Group LLC increased its position in Alphabet by 56.6% during the 3rd quarter. National Wealth Management Group LLC now owns 3,908 shares of the information services provider’s stock valued at $1,332,000 after purchasing an additional 1,413 shares during the period. 27.26% of the stock is currently owned by institutional investors.

Alphabet Stock Down 1.5%

NASDAQ:GOOG opened at $278.22 on Friday. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.79 and a quick ratio of 2.64. 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 market capitalization of $3.40 trillion, a PE ratio of 14.52, a P/E/G ratio of 0.82 and a beta of 1.19. Alphabet Inc. has a 1-year low of $271.41 and a 1-year high of $404.47.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings results on Wednesday, October 28th. The information services provider reported $2.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 last year, the business earned $2.87 earnings per share. The company’s revenue was up 24.7% on a year-over-year basis. On average, equities analysts predict that Alphabet Inc. will post 20.40 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

GOOG has been the subject of several research reports. KeyCorp restated an “overweight” rating and issued a $385.00 price objective on shares of Alphabet in a report on Thursday. DA Davidson cut 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. Wedbush initiated coverage on shares of Alphabet in a research report on Thursday, July 16th. They set an “outperform” rating and a $445.00 price target on the stock. Canaccord Genuity Group set a $450.00 price target on shares of Alphabet in a research note on Thursday, July 23rd. Finally, Pivotal Research restated a “buy” rating and issued a $475.00 price objective on shares of Alphabet in a report on Thursday. 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 issued a Sell rating to the company. According to MarketBeat, Alphabet has a consensus rating of “Moderate Buy” and a consensus price target of $413.54.

Key Headlines Impacting Alphabet

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

Insiders Place Their Bets

In other Alphabet news, Director Frances Arnold sold 83 shares of the firm’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 transaction of $28,257.35. Following the completion of the transaction, the director owned 19,076 shares of the company’s stock, valued at approximately $6,494,424.20. This trade represents a 0.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold a total of 247 shares of company stock valued at $79,238 in the last 90 days. 12.99% of the stock is currently owned by corporate insiders.

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.