Sawyer & Company Inc Makes New $16.82 Million Investment in Alphabet Inc. $GOOGL

Sawyer & Company Inc acquired a new stake in shares of Alphabet Inc. (NASDAQ:GOOGL) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 48,890 shares of the information services provider’s stock, valued at approximately $16,822,000. Alphabet accounts for 5.7% of Sawyer & Company Inc’s portfolio, making the stock its biggest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. EMC Capital Management acquired a new stake in shares of Alphabet during the second quarter worth approximately $35,000. Core Capital Management & Research inc. acquired a new position in shares of Alphabet in the 2nd quarter worth approximately $41,000. Intelligent Financial Strategies bought a new stake in Alphabet during the 3rd quarter worth approximately $41,000. Premier Financial Group bought a new stake in Alphabet during the 2nd quarter worth approximately $45,000. Finally, Van Den Berg Management I Inc. increased its holdings in Alphabet by 319.6% during the 1st quarter. Van Den Berg Management I Inc. now owns 214 shares of the information services provider’s stock valued at $61,000 after purchasing an additional 163 shares in the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.

Alphabet Trading Down 1.1%

Shares of NASDAQ GOOGL opened at $316.80 on Tuesday. The company’s 50 day simple moving average is $342.94 and its 200 day simple moving average is $340.66. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. The firm has a market capitalization of $3.87 trillion, a P/E ratio of 15.91, a P/E/G ratio of 0.92 and a beta of 1.21. Alphabet Inc. has a fifty-two week low of $264.28 and a fifty-two week high of $408.61.

Insider Transactions at Alphabet

In related news, Director Frances Arnold sold 83 shares of the business’s stock in a transaction that occurred on Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total value of $28,257.35. Following the completion of the transaction, the director directly owned 19,076 shares in the company, valued at approximately $6,494,424.20. The trade was a 0.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Marsida Saraci sold 449 shares of the stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total value of $149,606.80. Following the sale, the chief accounting officer directly owned 27,386 shares of the company’s stock, valued at approximately $9,125,015.20. The trade was a 1.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 696 shares of company stock worth $232,894. 11.61% of the stock is currently owned by insiders.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Anthropic’s IPO filing disclosed approximately $114.5 billion in non-cancelable cloud commitments with Alphabet. The agreements could provide significant long-term revenue visibility for Google Cloud, although investors will focus on whether the business can convert that demand into higher margins and free cash flow. Anthropic’s IPO Filing Reveals a Massive Opportunity for AI Infrastructure Giants
• Positive Sentiment: Google Cloud reportedly grew sharply and its backlog reached about $514 billion, while the Gemini app expanded to roughly 950 million monthly users. These figures support the view that cloud and AI could become increasingly important growth engines alongside Search. Alphabet Has $514 Billion in Cloud Orders
• Neutral Sentiment: Options traders expect a sizable move following the October 28 earnings report. The key issues will be Search growth, Google Cloud margins, AI monetization, capital-expenditure guidance, and free cash flow. Alphabet has historically had mixed next-day earnings reactions. Here’s How Much Traders See Google Parent Alphabet’s Stock Moving After Earnings
• Negative Sentiment: Investors remain wary that heavy AI infrastructure spending could pressure margins and free cash flow, as happened after the prior quarterly report. An analyst also reduced the price target ahead of earnings, adding to caution. Alphabet Stock Slips After Citizens Cuts Price Target
• Negative Sentiment: Several law firms publicized securities class actions alleging Alphabet misled investors during the May 19–July 16 period. The filings are largely investor-solicitation notices rather than new operating developments, but they add reputational and potential financial risk. Alphabet Securities Fraud Class Action Deadline

Wall Street Analyst Weigh In

Several equities analysts have issued reports on GOOGL shares. Roth Capital reiterated a “buy” rating and issued a $440.00 price objective (up from $435.00) on shares of Alphabet in a research report on Thursday, July 23rd. DZ Bank raised Alphabet to a “strong-buy” rating in a research note on Thursday, July 23rd. JPMorgan Chase & Co. increased their target price on Alphabet from $420.00 to $425.00 and gave the stock an “overweight” rating in a report on Thursday, October 15th. Wedbush restated an “outperform” rating and set a $445.00 target price on shares of Alphabet in a report on Thursday, July 23rd. Finally, KeyCorp lowered their target price on Alphabet from $435.00 to $410.00 and set an “overweight” rating for the company in a research note on Monday, October 19th. Five research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $425.04.

Alphabet 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.