Northeast Financial Group Inc. Cuts Stock Holdings in Alphabet Inc. $GOOGL

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Northeast Financial Group Inc. significantly reduced its holdings in Alphabet Inc. (NASDAQ:GOOGL) by 48.4% in the third quarter of 2025, selling 7,289 shares and ending the period with 7,762 shares valued at $1.889 million. This move comes amidst mixed news for Alphabet, including a major Google Cloud win with CVS and several analyst price target upgrades, alongside negative factors like a Play Store commission cut, a wrongful-death suit involving the Gemini chatbot, and increased regulatory scrutiny for Waymo. Despite the institutional selling, analyst consensus remains a “Moderate Buy” with an average price target of $366.57.

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