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

James Investment Research Inc. cut its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 3.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 101,998 shares of the information services provider’s stock after selling 3,521 shares during the quarter. Alphabet comprises 3.8% of James Investment Research Inc.’s portfolio, making the stock its 4th biggest position. James Investment Research Inc.’s holdings in Alphabet were worth $35,095,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. EMC Capital Management purchased a new position in Alphabet in the second quarter valued at approximately $35,000. Core Capital Management & Research inc. acquired a new position in Alphabet during the second quarter valued at approximately $41,000. Intelligent Financial Strategies purchased a new stake in Alphabet during the third quarter worth approximately $41,000. Premier Financial Group purchased a new stake in Alphabet during the second quarter worth approximately $45,000. Finally, Graney & King LLC grew its stake in Alphabet by 38.5% during the second quarter. Graney & King LLC now owns 180 shares of the information services provider’s stock worth $64,000 after buying an additional 50 shares during the period. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

GOOGL has been the subject of several recent research reports. BMO Capital Markets reissued an “outperform” rating and issued a $480.00 price objective (up from $465.00) on shares of Alphabet in a research report on Tuesday, October 20th. Truist Financial reduced their target price on shares of Alphabet from $420.00 to $410.00 and set a “buy” rating on the stock in a report on Thursday. Cantor Fitzgerald decreased their price target on shares of Alphabet from $420.00 to $350.00 and set an “overweight” rating for the company in a research report on Thursday. JPMorgan Chase & Co. increased their price target on Alphabet from $420.00 to $425.00 and gave the company an “overweight” rating in a report on Thursday, October 15th. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $385.00 price objective on shares of Alphabet in a research report on Thursday. Five analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $410.46.

Insiders Place Their Bets

In other news, Director Frances Arnold sold 83 shares of the firm’s stock in a transaction dated Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total transaction of $28,257.35. Following the completion of 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last three months, insiders have sold 247 shares of company stock valued at $79,238. Corporate insiders own 11.61% of the company’s stock.

Alphabet Price Performance

GOOGL opened at $279.84 on Friday. The company has a fifty day simple moving average of $339.07 and a 200 day simple moving average of $340.17. The firm has a market cap 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 twelve month low of $270.70 and a twelve month high of $408.61. The company has a current ratio of 2.79, a quick ratio of 2.64 and a debt-to-equity ratio of 0.19.

Alphabet (NASDAQ:GOOGL) last released 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). Alphabet had a return on equity of 43.33% and a net margin of 50.03%. The firm had revenue of $127.58 billion for the quarter, compared to analysts’ expectations of $127.96 billion. Equities research analysts expect that Alphabet Inc. will post 20.40 EPS for the current fiscal year.

Trending Headlines about Alphabet

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.

About Alphabet

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.