Alphabet Inc. $GOOGL is Amalgamated Bank’s 7th Largest Position

Amalgamated Bank decreased its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 0.2% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 1,230,291 shares of the information services provider’s stock after selling 3,022 shares during the period. Alphabet accounts for 2.1% of Amalgamated Bank’s investment portfolio, making the stock its 7th largest position. Amalgamated Bank’s holdings in Alphabet were worth $299,084,000 as of its most recent filing with the SEC.

A number of other hedge funds have also added to or reduced their stakes in GOOGL. Oak Ridge Investments LLC lifted its holdings in shares of Alphabet by 0.4% in the third quarter. Oak Ridge Investments LLC now owns 70,971 shares of the information services provider’s stock worth $17,253,000 after buying an additional 285 shares in the last quarter. Tred Avon Family Wealth LLC purchased a new position in Alphabet during the third quarter valued at approximately $3,253,000. Donoghue Forlines LLC bought a new stake in Alphabet during the 3rd quarter worth approximately $2,225,000. CFC Planning Co LLC lifted its stake in Alphabet by 125.7% in the 3rd quarter. CFC Planning Co LLC now owns 1,293 shares of the information services provider’s stock worth $314,000 after purchasing an additional 720 shares in the last quarter. Finally, One Wealth Management Investment & Advisory Services LLC boosted its holdings in Alphabet by 1.1% in the 3rd quarter. One Wealth Management Investment & Advisory Services LLC now owns 19,815 shares of the information services provider’s stock valued at $4,817,000 after purchasing an additional 217 shares during the period. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on GOOGL. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $375.00 price target (up previously from $330.00) on shares of Alphabet in a report on Tuesday, January 13th. Rosenblatt Securities raised their price target on Alphabet from $224.00 to $279.00 and gave the company a “neutral” rating in a report on Thursday, October 30th. BNP Paribas Exane initiated coverage on Alphabet in a research report on Monday, November 24th. They set an “outperform” rating and a $355.00 price target for the company. DZ Bank restated a “buy” rating on shares of Alphabet in a research report on Thursday, November 20th. Finally, KeyCorp reiterated an “overweight” rating and set a $360.00 target price (up from $330.00) on shares of Alphabet in a research report on Monday, January 26th. Four research analysts have rated the stock with a Strong Buy rating, forty-two have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $334.60.

Alphabet Price Performance

Shares of Alphabet stock opened at $338.00 on Friday. 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 $342.29. The company has a fifty day moving average of $320.23 and a 200-day moving average of $265.57. The stock has a market capitalization of $4.08 trillion, a price-to-earnings ratio of 33.33, a price-to-earnings-growth ratio of 1.86 and a beta of 1.08.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings results on Wednesday, October 29th. The information services provider reported $2.87 earnings per share for the quarter, topping the consensus estimate of $2.29 by $0.58. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. The business had revenue of $102.35 billion during the quarter, compared to the consensus estimate of $99.90 billion. Equities research analysts expect that Alphabet Inc. will post 8.9 EPS for the current year.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google rolled out Project Genie, an AI model that can generate fully rendered, interactive 3D worlds from simple prompts — a direct competitive advantage for Google in AI content creation that pressured gaming rivals (a potential long-term revenue and platform win for Alphabet). Videogame stocks slide on Google’s AI model that turns prompts into playable worlds
• Positive Sentiment: Project Genie coverage specifically names Unity and Roblox as being hurt by the announcement, underscoring that Google’s tech could displace parts of the gaming content creation stack — bullish for Alphabet’s AI moat and cloud/AI services demand. Google’s Project Genie Hammers Gaming Stocks. Unity Software and Roblox Sink.
• Positive Sentiment: Google disrupted a large residential proxy network (IPIDEA), claiming it removed millions of devices from abuse — a reputational and security win that reduces fraud and could lower costs/risks for Google services. Google disrupts large residential proxy network, reducing devices used by ‘millions’
• Positive Sentiment: Waymo expanded airport robotaxi service in San Francisco — a commercial growth milestone for Alphabet’s autonomous-vehicle unit that supports long-term service monetization. Waymo Opens Up Airport Service in San Francisco. Everything to Know About the Robotaxi
• Neutral Sentiment: Analysts and outlets are prepping for Alphabet’s upcoming Q4 results; estimate-driven coverage (Zacks) focuses attention on key metrics and could amplify post-earnings moves. Ahead of Alphabet (GOOGL) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics
• Neutral Sentiment: Industry write-ups compare Alphabet to rivals in AI infrastructure (CoreWeave, Amazon) and note that Amazon/Google moves are chipping at Nvidia’s exclusivity in AI chips — a mixed competitive backdrop for cloud/AI spend. CRVW vs. GOOGL: Which Stock Wins the AI Infrastructure Race?
• Neutral Sentiment: Coverage noting Amazon and Google eating into Nvidia’s chip dominance signals broader industry capex and partnership shifts — relevant to Alphabet’s cloud/TPU strategy but not an immediate stock catalyst. Amazon and Google Eat Into Nvidia’s A.I. Chip Supremacy
• Negative Sentiment: A federal jury found former Google engineer Linwei Ding guilty of stealing trade secrets and uploading internal AI materials to personal cloud accounts — a headline that highlights IP risk and could trigger internal reviews, compliance costs or client concerns. Former Google engineer found guilty of espionage and theft of AI tech
• Negative Sentiment: Waymo reported an incident where a robotaxi struck a child near a school and the NHTSA opened an investigation — a regulatory and PR risk for Alphabet’s AV program that could delay rollouts or invite additional oversight. A Waymo hit a child near an elementary school. The NHTSA is investigating

Insider Buying and Selling

In other news, insider John Kent Walker sold 17,829 shares of the business’s stock in a transaction dated Tuesday, December 30th. The stock was sold at an average price of $314.89, for a total value of $5,614,173.81. Following the completion of the sale, the insider owned 42,972 shares of the company’s stock, valued at approximately $13,531,453.08. The trade was a 29.32% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction dated Wednesday, November 5th. The shares were sold at an average price of $283.48, for a total value of $9,213,100.00. Following the sale, the chief executive officer owned 2,337,119 shares of the company’s stock, valued at $662,526,494.12. This represents a 1.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 2,067,707 shares of company stock worth $103,627,383 in the last ninety days. Corporate insiders own 11.64% of the company’s stock.

Alphabet Company 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.