Alphabet Inc. $GOOGL Shares Sold by Bristlecone Advisors LLC

Bristlecone Advisors LLC decreased its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 2.0% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 104,082 shares of the information services provider’s stock after selling 2,146 shares during the period. Alphabet makes up approximately 2.1% of Bristlecone Advisors LLC’s investment portfolio, making the stock its 11th largest holding. Bristlecone Advisors LLC’s holdings in Alphabet were worth $25,302,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Macroview Investment Management LLC lifted its stake in shares of Alphabet by 2.2% during the third quarter. Macroview Investment Management LLC now owns 2,305 shares of the information services provider’s stock worth $560,000 after buying an additional 49 shares during the period. Atlantic Edge Private Wealth Management LLC lifted its position in Alphabet by 6.4% during the 3rd quarter. Atlantic Edge Private Wealth Management LLC now owns 24,391 shares of the information services provider’s stock worth $5,929,000 after acquiring an additional 1,467 shares during the period. Citizens & Northern Corp purchased a new stake in Alphabet during the 3rd quarter valued at about $235,000. Warwick Investment Management Inc. increased its holdings in shares of Alphabet by 29.7% in the third quarter. Warwick Investment Management Inc. now owns 7,105 shares of the information services provider’s stock valued at $1,727,000 after purchasing an additional 1,626 shares during the period. Finally, Axis Wealth Partners LLC increased its holdings in shares of Alphabet by 3.8% in the third quarter. Axis Wealth Partners LLC now owns 3,013 shares of the information services provider’s stock valued at $732,000 after purchasing an additional 111 shares during the period. 40.03% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Alphabet

In related news, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction dated Wednesday, November 5th. The stock was sold at an average price of $283.48, for a total value of $9,213,100.00. Following the sale, the chief executive officer directly owned 2,337,119 shares in the company, valued at approximately $662,526,494.12. The trade was a 1.37% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CAO Amie Thuener O’toole sold 2,778 shares of the stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $312.30, for a total value of $867,569.40. Following the transaction, the chief accounting officer directly owned 8,962 shares of the company’s stock, valued at $2,798,832.60. The trade was a 23.66% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 222,409 shares of company stock valued at $68,564,532. 11.64% of the stock is owned by corporate insiders.

Alphabet Price Performance

Alphabet stock opened at $328.04 on Friday. The stock has a market capitalization of $3.96 trillion, a P/E ratio of 32.35, a P/E/G ratio of 1.82 and a beta of 1.08. The company’s fifty day moving average price is $315.65 and its 200 day moving average price is $259.50. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.75 and a current ratio of 1.75. Alphabet Inc. has a 1 year low of $140.53 and a 1 year high of $340.49.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings data on Wednesday, October 29th. The information services provider reported $2.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.29 by $0.58. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. The business had revenue of $102.35 billion for the quarter, compared to the consensus estimate of $99.90 billion. As a group, equities research analysts anticipate that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Apple ties Gemini to Siri, widening Gemini distribution and strengthening Alphabet’s AI moat — a material revenue/strategic positive for GOOGL that supports premium multiples and growth expectations. How Apple’s Gemini-Powered Siri Deal Will Impact Alphabet (GOOGL) Investors
• Positive Sentiment: Multiple bullish analyst moves — Wolfe Research lifted its price target to $390, Raymond James upgraded to “strong buy” and raised targets (reports of a $400 target), and Deutsche Bank raised its target — fueling buy-side momentum and supporting upside expectations. Wolfe Research Adjusts Price Target
• Positive Sentiment: Google pushes into AI shopping and other AI-enabled monetization avenues — analysts and outlets highlight accelerating product-led revenue opportunities that underpin long-term growth. Google’s Making a Splash in AI Shopping
• Neutral Sentiment: Technical/market commentary: recent ~3–4% pullback called a routine consolidation within a long-term uptrend — suggests no fundamental change but signals caution for investors seeking cheaper entry points. Alphabet Cools After the Run: Buy Now or Wait for a Better Entry?
• Neutral Sentiment: Waymo launched robotaxi service in Miami (business expansion) — growth opportunity for autonomous revenue but not yet material to near-term GAAP results. Waymo launches robotaxi service in Miami
• Negative Sentiment: NTSB opens an investigation after Waymo robotaxis were recorded illegally passing stopped school buses multiple times — raises regulatory, safety and reputational risks for Alphabet’s autonomous-driving unit and could lead to operational constraints or fines. US safety board opens probe into Waymo robotaxis passing stopped school buses
• Negative Sentiment: Federal judge allowed a consumer antitrust lawsuit over Google’s default-search payments to proceed — continued legal exposure that could affect search economics and ad revenue over time. Judge Orders Google to Face Consumer Antitrust Lawsuit Over Search

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on GOOGL shares. Deutsche Bank Aktiengesellschaft upped their target price on Alphabet from $340.00 to $370.00 and gave the company a “buy” rating in a research report on Tuesday. Canaccord Genuity Group set a $390.00 price objective on shares of Alphabet and gave the company a “buy” rating in a report on Wednesday, January 7th. Raymond James Financial upgraded shares of Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research note on Thursday. Daiwa Capital Markets boosted their target price on shares of Alphabet from $233.00 to $333.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. Finally, Barclays reaffirmed an “overweight” rating and issued a $315.00 price target (up from $250.00) on shares of Alphabet in a report on Thursday, October 30th. Four analysts have rated the stock with a Strong Buy rating, forty-two have issued a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $331.40.

Alphabet 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.