Forbes J M & Co. LLP Has $55.47 Million Stock Holdings in Alphabet Inc. $GOOGL

Forbes J M & Co. LLP lifted its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 0.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 228,156 shares of the information services provider’s stock after purchasing an additional 1,717 shares during the period. Alphabet accounts for 4.6% of Forbes J M & Co. LLP’s holdings, making the stock its 5th biggest holding. Forbes J M & Co. LLP’s holdings in Alphabet were worth $55,465,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Financial Gravity Companies Inc. acquired a new stake in shares of Alphabet in the second quarter valued at about $31,000. Corsicana & Co. bought a new stake in Alphabet in the third quarter valued at approximately $54,000. CarsonAllaria Wealth Management Ltd. increased its position in Alphabet by 36.4% during the 2nd quarter. CarsonAllaria Wealth Management Ltd. now owns 251 shares of the information services provider’s stock valued at $44,000 after purchasing an additional 67 shares during the period. Vermillion & White Wealth Management Group LLC raised its holdings in Alphabet by 37.9% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock worth $57,000 after purchasing an additional 89 shares during the last quarter. Finally, S&T Bank PA lifted its position in shares of Alphabet by 40.2% in the 2nd quarter. S&T Bank PA now owns 345 shares of the information services provider’s stock worth $61,000 after purchasing an additional 99 shares during the period. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Jim Cramer praised Alphabet as “extraordinary,” reinforcing investor enthusiasm around the company’s AI leadership and growth narrative. Alphabet (GOOGL)’s extraordinary, says Jim Cramer
• Positive Sentiment: Google is pushing product-level AI gains — adding image-generation to Chrome and a virtual assistant side panel — which supports ad/search monetization and user engagement upside. Google adds AI image generation to Chrome browser, side panel option for virtual assistant
• Positive Sentiment: Alphabet is accelerating strategic AI acquisitions and deals to bolster Gemini across media, voice and international markets — a sign management is doubling down on defensible AI distribution. Google Accelerates AI Deals to Strengthen Gemini in Media and Voice
• Positive Sentiment: Several firms reiterated buy ratings and upgrades for GOOGL this week, supporting near-term demand from momentum-driven investors. Alphabet (NASDAQ:GOOGL) Earns Buy Rating from Needham & Company LLC
• Neutral Sentiment: Short-interest entries show effectively zero reported short positions in the latest filings, but the data appears to contain anomalies (NaN/0) and is not a clear market signal. (internal short-interest data)
• Neutral Sentiment: Analyst previews expect earnings growth for the upcoming report, which could set the stage for another beat if AI ad/cloud momentum continues. Alphabet (GOOGL) Reports Next Week: Wall Street Expects Earnings Growth
• Positive Sentiment: Google says it disrupted a major residential proxy network (IPIDEA), removing domains and protecting “millions” of devices — a reputational win demonstrating security capabilities and reducing operational risk. Google disrupts large residential proxy network, reducing devices used by operators by ‘millions’
• Negative Sentiment: The U.K. Competition & Markets Authority proposed rules forcing Google to give publishers opt-outs for AI summaries and greater transparency — this raises content licensing and product constraints in a major market. UK regulator proposes changes to Google search for publishers
• Negative Sentiment: Regulatory pressure in the EU and U.K. (DMA guidance, proposed conduct rules) could force data/access sharing and limit some search/AI advantages — a structural risk to margins and competitive moat. U.K. Competition Watchdog Plans New Rules for Google’s AI Overviews Under Tech Law
• Negative Sentiment: Alphabet agreed to a $135 million settlement over handling of cellular data, which includes changes to Play Store and Android setup screens — a modest direct hit but adds regulatory/legal costs and operational change. Google to Pay $135 Million to Settle Lawsuit Over Handling of Cellular Data

Insiders Place Their Bets

In other Alphabet news, insider John Kent Walker sold 17,829 shares of the firm’s stock in a transaction on Tuesday, December 30th. The shares were sold at an average price of $314.89, for a total value of $5,614,173.81. Following the transaction, the insider directly owned 42,972 shares of the company’s stock, valued at approximately $13,531,453.08. This trade represents a 29.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Amie Thuener O’toole sold 2,778 shares of Alphabet stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $312.30, for a total transaction of $867,569.40. Following the transaction, the chief accounting officer owned 8,962 shares of the company’s stock, valued at $2,798,832.60. This represents a 23.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 222,297 shares of company stock worth $68,531,851. Insiders own 11.55% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on GOOGL. Morgan Stanley increased their price objective on shares of Alphabet from $270.00 to $330.00 and gave the stock an “overweight” rating in a research report on Thursday, October 30th. UBS Group reiterated a “neutral” rating and set a $345.00 price target (up from $306.00) on shares of Alphabet in a report on Tuesday, January 20th. Royal Bank Of Canada reissued a “buy” rating on shares of Alphabet in a research report on Monday. CIBC upped their target price on Alphabet to $315.00 in a research report on Monday, October 20th. Finally, Daiwa Capital Markets lifted their target price on Alphabet from $233.00 to $333.00 and gave the stock a “buy” rating in a report on Thursday, November 6th. Four research analysts have rated the stock with a Strong Buy rating, forty-two have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $334.60.

Alphabet Stock Up 0.4%

Shares of NASDAQ:GOOGL opened at $336.01 on Thursday. 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 52-week low of $140.53 and a 52-week high of $340.49. The business’s 50 day simple moving average is $318.48 and its two-hundred day simple moving average is $263.38. The firm has a market cap of $4.05 trillion, a P/E ratio of 33.14, a PEG ratio of 1.84 and a beta of 1.08.

Alphabet (NASDAQ:GOOGL) last issued its earnings results on Wednesday, October 29th. The information services provider reported $2.87 earnings per share for the quarter, topping analysts’ consensus estimates of $2.29 by $0.58. Alphabet had a return on equity of 35.00% and a net margin of 32.23%.The company had revenue of $102.35 billion for the quarter, compared to analyst estimates of $99.90 billion. As a group, research analysts forecast that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

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.