James Investment Research Inc. Sells 3,521 Shares of Alphabet Inc. $GOOGL

James Investment Research Inc. cut its stake in Alphabet Inc. (NASDAQ:GOOGL) by 3.3% during the 3rd quarter, HoldingsChannel reports. The fund owned 101,998 shares of the information services provider’s stock after selling 3,521 shares during the period. Alphabet comprises 3.8% of James Investment Research Inc.’s portfolio, making the stock its 4th largest position. James Investment Research Inc.’s holdings in Alphabet were worth $35,095,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. TSA Wealth Managment LLC lifted its stake in Alphabet by 14.5% during the third quarter. TSA Wealth Managment LLC now owns 4,441 shares of the information services provider’s stock worth $1,528,000 after purchasing an additional 562 shares during the last quarter. Atlatl Advisers LLC boosted its holdings in Alphabet by 197.3% in the third quarter. Atlatl Advisers LLC now owns 14,775 shares of the information services provider’s stock worth $5,084,000 after purchasing an additional 9,805 shares during the period. XXI Wealth LLC boosted its holdings in Alphabet by 21.1% in the third quarter. XXI Wealth LLC now owns 13,817 shares of the information services provider’s stock worth $4,754,000 after purchasing an additional 2,407 shares during the period. BIP Wealth LLC increased its stake in Alphabet by 2.0% during the third quarter. BIP Wealth LLC now owns 25,423 shares of the information services provider’s stock valued at $8,747,000 after purchasing an additional 508 shares during the last quarter. Finally, River Street Advisors LLC increased its stake in Alphabet by 4.3% during the third quarter. River Street Advisors LLC now owns 23,211 shares of the information services provider’s stock valued at $7,986,000 after purchasing an additional 967 shares during the last quarter. 40.03% of the stock is owned by institutional investors and hedge funds.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud revenue more than doubled year over year to approximately $30.7 billion, while its backlog reached $561 billion. The results support Alphabet’s position as a major beneficiary of enterprise AI demand. Alphabet’s Cloud Business Just Doubled
• Positive Sentiment: Several analysts remain constructive after the selloff. Guggenheim and Needham reaffirmed “buy” ratings with $450 targets, while Citigroup and Wells Fargo retained bullish ratings and projected substantial upside despite lowering their targets.
• Positive Sentiment: Alphabet’s AI ecosystem could gain from rising demand for cloud capacity and specialized chips. Waymo is also expanding internationally through a partnership with Toyota, although the business remains small relative to Alphabet’s core operations. Waymo taps Toyota to supply robotaxis
• Neutral Sentiment: Multiple securities law firms publicized class-action lawsuits and lead-plaintiff deadlines tied to alleged disclosures about Alphabet’s Gemini AI development. These notices add headline risk, but their direct financial impact remains uncertain.
• Negative Sentiment: Alphabet reported adjusted earnings of $2.12 per share, below consensus near $2.94-$3.02, while revenue of $127.6 billion also missed expectations. Search and other revenue grew about 12% to roughly $63 billion, but fell short of forecasts, reinforcing fears that AI-generated answers and “AI mode” searches may monetize less effectively than traditional Search.
• Negative Sentiment: AI infrastructure spending caused free cash flow to remain negative by roughly $9.1 billion for a second consecutive quarter. Investors are questioning whether the enormous capital outlays will produce adequate returns and whether Alphabet may need additional debt or equity financing.
• Negative Sentiment: An unrealized loss on Alphabet’s SpaceX investment reduced quarterly earnings by approximately $0.55 per share, while an EU antitrust fine further pressured results. Analysts including RBC, Wells Fargo, Citigroup, Wedbush, KeyCorp and Cantor Fitzgerald lowered price targets, even though most maintained positive ratings.

Insider Buying and Selling at Alphabet

In related news, Director Frances Arnold sold 83 shares of Alphabet 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 sale, 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 position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last 90 days, insiders have sold 247 shares of company stock valued at $79,238. 11.61% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of brokerages have weighed in on GOOGL. The Goldman Sachs Group reissued a “buy” rating and set a $385.00 target price on shares of Alphabet in a report on Thursday. Susquehanna decreased their price target on shares of Alphabet from $460.00 to $400.00 and set a “positive” rating for the company in a report on Thursday. Cantor Fitzgerald lowered their price objective on shares of Alphabet from $420.00 to $350.00 and set an “overweight” rating for the company in a research report on Thursday. Wedbush dropped their price objective on shares of Alphabet from $445.00 to $387.00 and set an “outperform” rating on the stock in a research note on Thursday. Finally, Guggenheim reiterated a “buy” rating and set a $450.00 price objective on shares of Alphabet in a research note on Thursday. Five analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $410.46.

Alphabet Stock Performance

GOOGL stock opened at $279.84 on Friday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.64 and a current ratio of 2.79. The stock has a market capitalization of $3.42 trillion, a price-to-earnings ratio of 14.61, a PEG ratio of 0.83 and a beta of 1.21. Alphabet Inc. has a 1 year low of $270.70 and a 1 year high of $408.61. The stock’s fifty day moving average is $339.07 and its two-hundred day moving average is $340.17.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings results on Wednesday, October 28th. The information services provider reported $2.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.02 by ($0.90). The firm had revenue of $127.58 billion for the quarter, compared to analyst estimates of $127.96 billion. Alphabet had a net margin of 50.03% and a return on equity of 43.33%. On average, research analysts predict that Alphabet Inc. will post 20.40 EPS for the current year.

Alphabet Company Profile

Alphabet Inc is a technology holding company best known for its Google subsidiary. Google operates a global internet-services business centered on online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a broad range of cloud-based productivity and collaboration tools.

Google Cloud provides infrastructure, data analytics, cybersecurity, artificial intelligence, and enterprise software services to businesses, governments, and other organizations. Alphabet also develops consumer hardware, including Pixel devices and products for connected homes, while investing in emerging businesses through its “Other Bets” segment, including autonomous transportation and life sciences initiatives.

Alphabet was established in 2015 as part of a corporate restructuring that made Google a subsidiary and provided a separate structure for its expanding portfolio of businesses.