Howland Capital Management LLC decreased its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 0.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 586,745 shares of the information services provider’s stock after selling 5,470 shares during the period. Alphabet comprises approximately 5.4% of Howland Capital Management LLC’s holdings, making the stock its 2nd largest position. Howland Capital Management LLC’s holdings in Alphabet were worth $142,638,000 as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares of the company. Financial Gravity Companies Inc. bought a new position in shares of Alphabet during the second quarter worth $31,000. CarsonAllaria Wealth Management Ltd. grew its position in shares of Alphabet by 36.4% during the second quarter. CarsonAllaria Wealth Management Ltd. now owns 251 shares of the information services provider’s stock valued at $44,000 after purchasing an additional 67 shares in the last quarter. Corsicana & Co. bought a new stake in shares of Alphabet in the third quarter worth about $54,000. Vermillion & White Wealth Management Group LLC lifted its position in shares of Alphabet by 37.9% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock worth $57,000 after buying an additional 89 shares in the last quarter. Finally, S&T Bank PA boosted its stake in Alphabet by 40.2% during the second quarter. S&T Bank PA now owns 345 shares of the information services provider’s stock valued at $61,000 after buying an additional 99 shares during the last quarter. 40.03% of the stock is owned by institutional investors.
Analysts Set New Price Targets
A number of equities analysts have commented on GOOGL shares. Royal Bank Of Canada reissued a “buy” rating on shares of Alphabet in a research note on Monday, January 26th. Barclays reiterated an “overweight” rating and issued a $315.00 price target (up previously from $250.00) on shares of Alphabet in a report on Thursday, October 30th. Mizuho set a $365.00 target price on shares of Alphabet and gave the stock an “outperform” rating in a report on Friday, January 9th. Stifel Nicolaus set a $346.00 price target on Alphabet and gave the stock a “buy” rating in a research report on Friday, January 23rd. Finally, BNP Paribas Exane began coverage on shares of Alphabet in a research report on Monday, November 24th. They set an “outperform” rating and a $355.00 target price for the company. Four equities research analysts have rated the stock with a Strong Buy rating, forty-two have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $334.60.
Alphabet Stock Down 0.1%
Alphabet stock opened at $338.00 on Friday. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.06. The firm has a market cap of $4.08 trillion, a price-to-earnings ratio of 33.33, a price-to-earnings-growth ratio of 1.86 and a beta of 1.08. The business’s 50-day moving average price is $320.23 and its 200 day moving average price is $264.99. Alphabet Inc. has a 52 week low of $140.53 and a 52 week high of $342.29.
Alphabet (NASDAQ:GOOGL – Get Free Report) last announced its quarterly earnings results on Wednesday, October 29th. The information services provider reported $2.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.29 by $0.58. The firm had revenue of $102.35 billion for the quarter, compared to the consensus estimate of $99.90 billion. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. As a group, sell-side analysts anticipate that Alphabet Inc. will post 8.9 earnings per share for the current year.
Insider Buying and Selling
In related news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the company’s stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $19.00, for a total transaction of $35,060,852.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Frances Arnold sold 102 shares of the stock in a transaction that occurred on Thursday, January 29th. The shares were sold at an average price of $340.00, for a total value of $34,680.00. Following the transaction, the director directly owned 18,307 shares of the company’s stock, valued at $6,224,380. The trade was a 0.55% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 2,067,707 shares of company stock valued at $103,627,383 in the last 90 days. Corporate insiders own 11.64% of the company’s stock.
More Alphabet News
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Google rolled out Project Genie, an AI model that can generate fully rendered, interactive 3D worlds from simple prompts — a direct competitive advantage for Google in AI content creation that pressured gaming rivals (a potential long-term revenue and platform win for Alphabet). Videogame stocks slide on Google’s AI model that turns prompts into playable worlds
- Positive Sentiment: Project Genie coverage specifically names Unity and Roblox as being hurt by the announcement, underscoring that Google’s tech could displace parts of the gaming content creation stack — bullish for Alphabet’s AI moat and cloud/AI services demand. Google’s Project Genie Hammers Gaming Stocks. Unity Software and Roblox Sink.
- Positive Sentiment: Google disrupted a large residential proxy network (IPIDEA), claiming it removed millions of devices from abuse — a reputational and security win that reduces fraud and could lower costs/risks for Google services. Google disrupts large residential proxy network, reducing devices used by ‘millions’
- Positive Sentiment: Waymo expanded airport robotaxi service in San Francisco — a commercial growth milestone for Alphabet’s autonomous-vehicle unit that supports long-term service monetization. Waymo Opens Up Airport Service in San Francisco. Everything to Know About the Robotaxi
- Neutral Sentiment: Analysts and outlets are prepping for Alphabet’s upcoming Q4 results; estimate-driven coverage (Zacks) focuses attention on key metrics and could amplify post-earnings moves. Ahead of Alphabet (GOOGL) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics
- Neutral Sentiment: Industry write-ups compare Alphabet to rivals in AI infrastructure (CoreWeave, Amazon) and note that Amazon/Google moves are chipping at Nvidia’s exclusivity in AI chips — a mixed competitive backdrop for cloud/AI spend. CRVW vs. GOOGL: Which Stock Wins the AI Infrastructure Race?
- Neutral Sentiment: Coverage noting Amazon and Google eating into Nvidia’s chip dominance signals broader industry capex and partnership shifts — relevant to Alphabet’s cloud/TPU strategy but not an immediate stock catalyst. Amazon and Google Eat Into Nvidia’s A.I. Chip Supremacy
- Negative Sentiment: A federal jury found former Google engineer Linwei Ding guilty of stealing trade secrets and uploading internal AI materials to personal cloud accounts — a headline that highlights IP risk and could trigger internal reviews, compliance costs or client concerns. Former Google engineer found guilty of espionage and theft of AI tech
- Negative Sentiment: Waymo reported an incident where a robotaxi struck a child near a school and the NHTSA opened an investigation — a regulatory and PR risk for Alphabet’s AV program that could delay rollouts or invite additional oversight. A Waymo hit a child near an elementary school. The NHTSA is investigating
Alphabet Company Profile
Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.
Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.
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