Alphabet Inc. $GOOG Stock: Loring Wolcott & Coolidge Fiduciary Advisors LLP MA Decreases Stake

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA reduced its stake in Alphabet Inc. (NASDAQ:GOOG) by 3.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 162,049 shares of the information services provider’s stock after selling 6,554 shares during the quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in Alphabet were worth $55,217,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of GOOG. Denali Advisors LLC grew its position in Alphabet by 14.8% in the 2nd 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 in the last quarter. Heck Capital Advisors LLC increased its stake in Alphabet by 298.2% in the 2nd quarter. Heck Capital Advisors LLC now owns 22,229 shares of the information services provider’s stock valued at $7,854,000 after buying an additional 16,647 shares during the last quarter. Montchanin Asset Management LLC bought a new position in shares of Alphabet during the 1st quarter worth approximately $7,075,000. Sax Wealth Advisors LLC lifted its position in shares of Alphabet by 13.3% during the 2nd quarter. Sax Wealth Advisors LLC now owns 30,489 shares of the information services provider’s stock worth $10,773,000 after buying an additional 3,575 shares in the last quarter. Finally, NBT Bank N.A. bought a new position in shares of Alphabet during the 3rd quarter worth approximately $47,537,000. 27.26% of the stock is currently owned by institutional investors.

Key Alphabet News

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, operating margins expanded to about 36%, and backlog reached $561 billion. These results support the long-term case that Cloud and AI infrastructure can become major earnings drivers. Alphabet’s Cloud Business Just Doubled
• Positive Sentiment: Alphabet’s custom AI-chip opportunity is expanding. New TPU 8t and 8i chips reportedly offer improved performance per dollar, while OpenAI is considering using Google TPUs and Alphabet is selling chips through third-party cloud providers. This could create a new revenue stream and reduce reliance on Nvidia. Alphabet’s $250 Billion AI Chip Opportunity
• Positive Sentiment: Some analysts remain bullish on the long-term outlook. JPMorgan maintained an “overweight” rating despite reducing its price target from $425 to $375, while other commentary characterized the selloff as a potential buying opportunity.
• Neutral Sentiment: Alphabet’s revenue rose approximately 25% year over year to $127.6 billion, and search queries continued to grow. However, the market is increasingly weighing growth quality and monetization rather than query volume alone.
• Neutral Sentiment: Alphabet launched Gemini 4 Carbon, expanded AI Search advertising internationally and introduced new crypto-security tools. These initiatives may broaden future revenue sources, but their near-term financial impact remains uncertain.
• Negative Sentiment: Third-quarter EPS missed expectations. Adjusted earnings were $2.12 per share versus consensus near $3.01, while revenue also fell slightly short. An approximately $8.7 billion investment loss, largely tied to Alphabet’s SpaceX stake, further reduced reported profit. Alphabet Q3 Earnings Report
• Negative Sentiment: Search and advertising trends raised AI-cannibalization concerns. Search revenue grew about 12% but missed estimates, while AI-mode searches may generate less revenue than traditional search. YouTube advertising revenue also came in below expectations.
• Negative Sentiment: AI spending is pressuring cash generation. Capital expenditures reached roughly $51.4 billion and free cash flow was negative by about $9.1 billion, prompting concerns about debt, financial obligations and the return on massive infrastructure investments.
• Negative Sentiment: Multiple law firms announced securities-fraud class actions or lead-plaintiff deadlines related to alleged disclosures about the Gemini 3.5 Pro development timeline. The lawsuits are an additional reputational and legal overhang, though their financial impact is uncertain. Alphabet Securities Class Action Notice

Analysts Set New Price Targets

A number of brokerages have recently weighed in on GOOG. Evercore restated an “outperform” rating and issued a $435.00 target price on shares of Alphabet in a research note on Thursday. DZ Bank raised Alphabet from a “buy” rating to a “strong-buy” rating in a research report on Thursday, July 23rd. New Street Research dropped their price target on Alphabet from $455.00 to $405.00 and set a “buy” rating on the stock in a report on Friday, July 24th. Rosenblatt Securities assumed coverage on Alphabet in a report on Thursday, August 20th. They set a “buy” rating on the stock. Finally, Sanford C. Bernstein reissued a “market perform” rating and issued a $325.00 price objective on shares of Alphabet in a research report on Thursday. Six research analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $414.72.

Alphabet Stock Performance

Shares of GOOG stock opened at $282.32 on Friday. Alphabet Inc. has a 12 month low of $271.41 and a 12 month high of $404.47. The firm’s 50 day moving average is $336.93 and its 200 day moving average is $338.53. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $3.45 trillion, a P/E ratio of 14.73, a PEG ratio of 0.92 and a beta of 1.19.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings results on Wednesday, October 28th. The information services provider reported $2.12 earnings per share for the quarter, missing the consensus estimate 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 net margin of 50.03% and a return on equity of 46.63%. Alphabet’s revenue for the quarter was up 24.7% compared to the same quarter last year. During the same quarter last year, the firm posted $2.87 earnings per share. On average, sell-side analysts anticipate that Alphabet Inc. will post 20.60 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director Frances Arnold sold 83 shares of the company’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 sale, the director owned 19,076 shares of the company’s stock, valued at approximately $6,494,424.20. This represents a 0.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 12.99% of the company’s stock.

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.