Alphabet Inc. $GOOG Stock: Nisa Investment Advisors LLC Trims Stake

Nisa Investment Advisors LLC cut its position in Alphabet Inc. (NASDAQ:GOOG) by 2.2% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,266,114 shares of the information services provider’s stock after selling 28,721 shares during the quarter. Alphabet makes up approximately 1.2% of Nisa Investment Advisors LLC’s investment portfolio, making the stock its 8th largest holding. Nisa Investment Advisors LLC’s holdings in Alphabet were worth $431,416,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Castlekeep Investment Advisors LLC bought a new position in shares of Alphabet during the 2nd quarter worth approximately $29,000. Toth Financial Advisory Corp purchased a new stake in Alphabet during the second quarter valued at approximately $41,000. Timbuktu Capital Management LLC purchased a new stake in Alphabet during the second quarter valued at approximately $46,000. Robinswood Financial LLC acquired a new stake in Alphabet in the first quarter valued at approximately $57,000. Finally, Hoey Investments Inc. boosted its stake in Alphabet by 173.0% in the first quarter. Hoey Investments Inc. now owns 273 shares of the information services provider’s stock valued at $78,000 after acquiring an additional 173 shares in the last quarter. 27.26% of the stock is owned by hedge funds and other institutional investors.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: AI and cloud growth remain key positives. Analysts highlight accelerating Google Cloud growth, expanding operating margins, rising subscriptions and Alphabet’s distribution advantage for Gemini. Google Cloud also announced general availability of an Anthropic-managed deployment option for Claude models, potentially broadening enterprise AI adoption. Alphabet: Gemini 4 Argon Is Coming For ChatGPT’s Lunch
• Positive Sentiment: Several longer-term growth opportunities support the stock. Articles point to Alphabet’s proprietary AI chips, which could become a major business, as well as a reported quantum-computing error-reduction breakthrough. Analysts also raised an Alphabet FY2027 EPS estimate modestly, reinforcing the view that earnings potential remains strong. Google’s AI chip could become a $75 billion business
• Neutral Sentiment: Q3 earnings are the next major catalyst. Preview articles expect investors to focus on advertising, Google Cloud growth, AI adoption, capital expenditures and margins. Results could determine whether Alphabet’s heavy AI investment is viewed as generating sufficient returns. Alphabet’s Q3 Could Change the Narrative on Its AI Spending
• Negative Sentiment: AI execution concerns are the primary negative catalyst. Reports allege that Gemini 3.5 Pro was delayed or behind schedule and that investors were not adequately informed about development setbacks. The allegations contributed to a sharp prior sell-off and have prompted multiple securities-fraud class-action notices. Google Investor Alert: Alphabet Inc. Securities Class Action Notice
• Negative Sentiment: Litigation headlines add reputational and financial uncertainty. Several law firms are seeking lead plaintiffs for lawsuits covering investors who purchased Alphabet securities between May 19 and July 16, 2026, with deadlines around November 30 or December 1. The notices largely repeat the same allegations, so they may amplify sentiment risk more than they introduce new information. Kaplan Fox Alphabet Class Action Notice
• Negative Sentiment: Investors remain concerned about AI capital intensity. Large compute commitments, data-center spending and higher interest rates are raising questions about whether future returns will justify the investment. Broader AI-stock selling and ETF net selling have added pressure to Alphabet’s valuation. Google Is Paying SpaceX $11 Billion a Year for Compute

Insider Buying and Selling at Alphabet

In other Alphabet news, CAO Marsida Saraci sold 449 shares of the firm’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total value of $149,606.80. Following the completion of the transaction, the chief accounting officer owned 27,386 shares of the company’s stock, valued at approximately $9,125,015.20. This trade represents a 1.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of Alphabet stock in a transaction on Monday, July 27th. The stock was sold at an average price of $19.46, for a total transaction of $3,832,277.26. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 315,765 shares of company stock worth $6,297,980. 12.99% of the stock is owned by corporate insiders.

Alphabet Stock Down 1.1%

GOOG stock opened at $317.28 on Friday. The firm has a 50 day moving average of $339.42 and a 200 day moving average of $350.21. The stock has a market capitalization of $3.88 trillion, a PE ratio of 15.94, a price-to-earnings-growth ratio of 0.92 and a beta of 1.19. 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 52 week low of $256.10 and a 52 week high of $404.47.

Alphabet (NASDAQ:GOOG) last released its earnings results on Thursday, July 23rd. The information services provider reported $9.11 earnings per share for the quarter, topping the consensus estimate of $2.87 by $6.24. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The company had revenue of $119.80 billion for the quarter, compared to the consensus estimate of $116.53 billion. During the same quarter in the previous year, the firm earned $2.31 EPS. Alphabet’s revenue was up 24.2% compared to the same quarter last year. Sell-side analysts forecast that Alphabet Inc. will post 20.60 earnings per share for the current year.

Analyst Ratings Changes

GOOG has been the topic of several analyst reports. Pivotal Research lifted their price target on shares of Alphabet from $470.00 to $475.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Alphabet in a research report on Thursday, July 23rd. DA Davidson decreased their price objective on Alphabet from $375.00 to $350.00 and set a “neutral” rating for the company in a report on Thursday, July 23rd. Evercore raised their price objective on Alphabet from $420.00 to $450.00 and gave the stock an “outperform” rating in a research report on Thursday, September 17th. Finally, Wedbush initiated coverage on Alphabet in a research report on Thursday, July 16th. They issued an “outperform” rating and a $445.00 price objective for the company. Six research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $421.85.

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.