Alphabet Inc. $GOOG Stake Lowered by Lynx Investment Advisory

Posted by Brian Himes on Nov 1st, 2026

Lynx Investment Advisory trimmed its stake in shares of Alphabet Inc. (NASDAQ:GOOG – Free Report) by 62.1% in the third quarter, Holdings Channel.com reports. The fund owned 1,441 shares of the information services provider’s stock after selling 2,366 shares during the period. Lynx Investment Advisory’s holdings in Alphabet were worth $491,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. SpringVest Wealth Management LLC raised its holdings in Alphabet by 55.0% during the third quarter. SpringVest Wealth Management LLC now owns 1,432 shares of the information services provider’s stock worth $488,000 after purchasing an additional 508 shares during the last quarter. Prism Planning Partners LLC purchased a new stake in Alphabet during the third quarter worth $172,000. AMI Investment Management Inc. grew its holdings in Alphabet by 4.7% in the third quarter. AMI Investment Management Inc. now owns 36,277 shares of the information services provider’s stock valued at $12,361,000 after purchasing an additional 1,629 shares during the last quarter. Victory Financial Group LLC grew its holdings in Alphabet by 14.6% in the third quarter. Victory Financial Group LLC now owns 12,633 shares of the information services provider’s stock valued at $4,304,000 after purchasing an additional 1,611 shares during the last quarter. Finally, Great Lakes Retirement Inc. grew its holdings in Alphabet by 18.2% in the third quarter. Great Lakes Retirement Inc. now owns 3,834 shares of the information services provider’s stock valued at $1,307,000 after purchasing an additional 590 shares during the last quarter. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Insiders Place Their Bets

In other Alphabet news, Director Frances Arnold sold 83 shares of the firm’s stock in a transaction 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 completion of the transaction, the director directly owned 19,076 shares of the company’s stock, valued at $6,494,424.20. This trade represents a 0.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In the last ninety days, insiders sold 247 shares of company stock worth $79,238. 12.99% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research firms recently commented on GOOG. The Goldman Sachs Group decreased their price objective on shares of Alphabet from $440.00 to $435.00 and set a “buy” rating on the stock in a research report on Thursday, July 23rd. BMO Capital Markets set a $425.00 price objective on shares of Alphabet in a research note on Thursday. Cantor Fitzgerald restated an “overweight” rating and set a $350.00 target price on shares of Alphabet in a report on Thursday. New Street Research cut their target price on shares of Alphabet from $455.00 to $405.00 and set a “buy” rating for the company in a research report on Friday, July 24th. Finally, Guggenheim restated a “buy” rating and set a $450.00 target price on shares of Alphabet in a research report on Thursday. Six 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 given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $413.54.

Check Out Our Latest Stock Analysis on GOOG

Alphabet Stock Down 1.5%

Shares of GOOG opened at $278.22 on Friday. Alphabet Inc. has a fifty-two week low of $271.41 and a fifty-two week high of $404.47. The company’s fifty day moving average is $335.73 and its two-hundred day moving average is $338.25. The firm has a market cap of $3.40 trillion, a PE ratio of 14.52, a price-to-earnings-growth ratio of 0.81 and a beta of 1.19. The company has a quick ratio of 2.64, a current ratio of 2.79 and a debt-to-equity ratio of 0.19.

Alphabet (NASDAQ:GOOG – Get Free Report) last released its quarterly earnings data 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 firm had revenue of $127.58 billion during the quarter, compared to analyst estimates of $127.97 billion. Alphabet had a net margin of 50.03% and a return on equity of 43.33%. The business’s revenue for the quarter was up 24.7% on a year-over-year basis. During the same period in the prior year, the firm earned $2.87 earnings per share. Analysts forecast that Alphabet Inc. will post 19.99 earnings per share for the current year.

More 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, while operating margins expanded and the backlog reached roughly $561 billion. This supports the view that Alphabet’s AI investments are generating demand. Alphabet Cloud Business Article
Positive Sentiment: Alphabet’s AI platform may create new revenue streams. OpenAI reportedly plans to use Google’s tensor-processing units, while Gemini performance and expanding AI Search advertising could help Alphabet compete in the AI infrastructure market. Analysts including Goldman Sachs and JPMorgan remain constructive, despite lowering price targets. OpenAI Google AI Chips Article
Positive Sentiment: Valuation has become more attractive. Reports place GOOG’s price-to-earnings ratio near 14.6, the lowest level in many years, prompting some investors to characterize the selloff as a potential long-term buying opportunity. Google Valuation Article
Neutral Sentiment: Waymo is expanding internationally. Alphabet’s autonomous-driving unit will test Toyota bZ4X robotaxis in Japan and the U.K., but the business remains small and cash-burning. Waymo Toyota Partnership Article
Negative Sentiment: Quarterly results missed expectations. Alphabet reported approximately $2.12 in earnings per share and $127.6 billion in revenue, below consensus forecasts. Search revenue grew but missed estimates, and AI-powered searches are reportedly harder to monetize than traditional searches. Alphabet Search Earnings Article
Negative Sentiment: AI spending is straining cash flow. Capital expenditures and infrastructure commitments pushed free cash flow approximately $9 billion negative for the quarter, raising concerns about returns on Alphabet’s enormous AI investment program and potential financing or dilution. Tech Giants AI Spending Article
Negative Sentiment: Additional earnings pressure came from investments and legal risk. An unrealized loss on Alphabet’s SpaceX stake reduced earnings, while multiple law firms publicized securities class-action deadlines tied to alleged AI disclosures. These lawsuits are largely investor notices, but they add reputational and headline risk. Alphabet Class Action Notice

Alphabet Company Profile

(Free Report)

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.