One Wealth Capital Management LLC lowered its holdings in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 67.9% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,313 shares of the information services provider’s stock after selling 11,249 shares during the quarter. Alphabet accounts for 0.7% of One Wealth Capital Management LLC’s holdings, making the stock its 29th largest holding. One Wealth Capital Management LLC’s holdings in Alphabet were worth $1,810,000 as of its most recent SEC filing.
Other large investors have also modified their holdings of the company. Castlekeep Investment Advisors LLC acquired a new stake in shares of Alphabet during the 2nd quarter worth about $29,000. Toth Financial Advisory Corp purchased a new stake in Alphabet in the 2nd quarter valued at about $41,000. Timbuktu Capital Management LLC purchased a new stake in Alphabet in the 2nd quarter valued at about $46,000. Robinswood Financial LLC acquired a new position in Alphabet in the first quarter valued at about $57,000. Finally, Hoey Investments Inc. lifted its position 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 buying an additional 173 shares during the last quarter. Institutional investors and hedge funds own 27.26% of the company’s stock.
Insider Activity
In related news, Director Frances Arnold sold 83 shares of Alphabet stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total value of $28,257.35. Following the completion of the transaction, the director owned 19,076 shares in the company, valued at approximately $6,494,424.20. The trade was a 0.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders have sold a total of 247 shares of company stock worth $83,288 over the last 90 days. 12.99% of the stock is currently owned by corporate insiders.
Key Headlines Impacting Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: AI and Cloud growth are the primary catalysts. Analysts expect resilient Search advertising, accelerating AI-driven monetization and continued strength in Google Cloud. Cloud revenue previously grew rapidly, while its backlog reportedly reached $514 billion, providing substantial visibility if Alphabet can convert bookings into profitable cash flow. Can Strong Search and Cloud Growth Drive GOOGL’s Q3 Earnings?
- Positive Sentiment: Anthropic’s IPO filing highlights demand for Google Cloud infrastructure. Anthropic disclosed roughly $114.5 billion in non-cancelable compute commitments with Alphabet. The agreements could support long-term Google Cloud revenue, while Alphabet’s approximately 14% Anthropic stake provides additional potential upside if the IPO is well received. Anthropic’s IPO Filing Reveals a Massive Opportunity for AI Infrastructure Giants
- Positive Sentiment: Google introduced Genie 4, a DeepMind model capable of creating more realistic, interactive worlds with audio and real-time steering. The release reinforces Alphabet’s AI leadership, although near-term revenue benefits remain uncertain. Google’s Genie 4 world model adds audio, more realistic worlds, and real-time steering
- Neutral Sentiment: Earnings volatility is elevated. Options activity and analyst commentary suggest investors anticipate a significant move after results. Key items will be Search growth, Cloud margins, AI product adoption, capital expenditures and free cash flow.
- Negative Sentiment: Heavy AI spending remains the central risk. Alphabet has reportedly doubled capital expenditures and suspended buybacks, raising concerns that infrastructure costs and depreciation could outpace AI revenue gains. Investors may react negatively if management increases spending without showing improving margins and cash generation. Alphabet Q3 Earnings Preview: US$200 Billion AI Capex Test Puts Major Uptrend at Risk
- Negative Sentiment: Multiple law firms are promoting a securities class action alleging Alphabet misrepresented progress on its Gemini 3.5 Pro model. The announcements add headline pressure, though they do not represent a new operating development and the ultimate financial impact is uncertain. GOOG and GOOGL Investor Class Action Filed
Alphabet Stock Performance
Shares of Alphabet stock opened at $316.83 on Wednesday. The business has a 50-day moving average of $338.50 and a 200 day moving average of $338.78. Alphabet Inc. has a 12 month low of $267.17 and a 12 month high of $404.47.
Analyst Upgrades and Downgrades
Several brokerages have weighed in on GOOG. Jefferies Financial Group reaffirmed a “buy” rating on shares of Alphabet in a research note on Monday, August 3rd. UBS Group reissued a “neutral” rating and issued a $380.00 price target (up from $379.00) on shares of Alphabet in a research note on Wednesday, October 14th. Weiss Ratings reissued a “buy (b)” rating on shares of Alphabet in a research note on Thursday, October 15th. Canaccord Genuity Group set a $450.00 price objective on shares of Alphabet in a report on Thursday, July 23rd. Finally, TD Cowen reaffirmed a “buy” rating and set a $485.00 price objective (up from $475.00) on shares of Alphabet in a research report on Thursday, October 8th. Six research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Alphabet currently has an average rating of “Buy” and an average price target of $421.85.
Check Out Our Latest Research Report on Alphabet
Alphabet Profile
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.
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