Alphabet Inc. $GOOG Shares Sold by Carret Asset Management LLC

Key Points

• Carret Asset Management cut its Alphabet stake by 2.6% in the third quarter, selling 4,193 shares. It still held 159,078 shares worth about $54.2 million, Alphabet’s third-largest position in its portfolio.
• Alphabet reported quarterly revenue of $127.58 billion, up 24.7% year over year, but earnings per share of $2.12 missed analysts’ $3.01 estimate. Google also introduced two new AI-focused TPU versions, while JPMorgan cited slower AI-search monetization and heavy infrastructure costs in removing the stock from its Focus List.
• Shares opened at $286.01, below their 50- and 200-day moving averages; analysts’ consensus rating was “Moderate Buy,” with a $413.38 average price target.

Carret Asset Management LLC lowered its position in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 2.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 159,078 shares of the information services provider's stock after selling 4,193 shares during the quarter. Alphabet accounts for about 4.6% of Carret Asset Management LLC's investment portfolio, making the stock its 3rd biggest holding. Carret Asset Management LLC's holdings in Alphabet were worth $54,204,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Morton Brown Family Wealth LLC grew its holdings in shares of Alphabet by 135.5% in the 3rd quarter. Morton Brown Family Wealth LLC now owns 73 shares of the information services provider's stock valued at $25,000 after buying an additional 42 shares during the period. Castlekeep Investment Advisors LLC bought a new position in Alphabet during the second quarter worth about $29,000. Livelsberger Financial Advisory acquired a new position in Alphabet in the third quarter valued at about $37,000. Toth Financial Advisory Corp acquired a new position in Alphabet in the second quarter valued at about $41,000. Finally, Timbuktu Capital Management LLC acquired a new position in Alphabet in the second quarter valued at about $46,000. Institutional investors and hedge funds own 27.26% of the company's stock.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google introduced two new versions of its eighth-generation Tensor Processing Units (TPUs), expanding its offerings for large and sensitive AI workloads. Investors may see the chips as a way to strengthen Google Cloud and challenge Nvidia in AI infrastructure. Alphabet stock rises as Google expands AI chip lineup to challenge Nvidia
• Positive Sentiment: Google Cloud selected AMD’s fifth-generation EPYC processors to host its TPU 8tx systems. The deal supports Alphabet’s AI infrastructure plans and shows the potential for partnerships alongside its in-house chips. AMD Stock Rises On Google Cloud Deal, Wall Street Upgrade
• Neutral Sentiment: Several law firms publicized a securities class action concerning Alphabet shares bought between May 19 and July 16, 2026, with lead-plaintiff deadlines around November 30 and December 1. The claims—including alleged misrepresentation of a Gemini model launch timeline—are allegations, and the announcements do not establish wrongdoing. Alphabet Deadline Alert: Levi & Korsinsky
• Negative Sentiment: JPMorgan removed Alphabet from its Analyst Focus List, while retaining an Overweight rating, citing slower AI search monetization and heavy infrastructure spending. Those concerns could weigh on expectations for returns from Alphabet’s substantial AI investment. JPMorgan Just Removed Alphabet From Its Analyst Focus List
• Negative Sentiment: Federal safety regulators opened an investigation into Waymo robotaxis reportedly continuing to pass stopped school buses after a software fix. The probe adds regulatory and reputational risk to Alphabet’s autonomous-driving business. Waymo robotaxis kept illegally passing school buses after software fix, feds say

Insider Buying and Selling

In other news, Director Frances Arnold sold 83 shares of the stock in a transaction dated Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total transaction of $28,257.35. Following the completion of the transaction, the director directly owned 19,076 shares in the company, valued at $6,494,424.20. This represents a 0.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Over the last quarter, insiders have sold 247 shares of company stock worth $79,238. Insiders own 12.99% of the company's stock.

Alphabet Price Performance

NASDAQ GOOG opened at $286.01 on Tuesday. The firm's 50 day moving average is $328.65 and its 200-day moving average is $336.80. The company has a quick ratio of 2.69, a current ratio of 2.79 and a debt-to-equity ratio of 0.19. The company has a market capitalization of $3.50 trillion, a PE ratio of 14.93, a price-to-earnings-growth ratio of 0.87 and a beta of 1.21. Alphabet Inc. has a 12-month low of $271.41 and a 12-month high of $404.47.

Alphabet (NASDAQ:GOOG - Get Free Report) last announced its earnings results on Thursday, October 29th. The information services provider reported $2.12 EPS for the quarter, missing the consensus estimate of $3.01 by ($0.89). The business had revenue of $127.58 billion for the quarter, compared to analyst estimates of $127.97 billion. Alphabet had a return on equity of 43.33% and a net margin of 50.03%. The business's revenue for the quarter was up 24.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.87 EPS. Equities research analysts anticipate that Alphabet Inc. will post 19.80 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 14th. Shareholders of record on Monday, December 7th will be given a dividend of $0.22 per share. The ex-dividend date of this dividend is Monday, December 7th. This represents a $0.88 annualized dividend and a yield of 0.3%. Alphabet's payout ratio is 4.59%.

Wall Street Analyst Weigh In

GOOG has been the subject of several research analyst reports. Wells Fargo & Company set a $365.00 price objective on Alphabet in a research report on Monday, November 2nd. Benchmark restated a "buy" rating on shares of Alphabet in a report on Thursday, October 29th. Zacks Research downgraded shares of Alphabet from a "strong-buy" rating to a "hold" rating in a report on Wednesday, August 5th. Jefferies Financial Group reaffirmed a "buy" rating on shares of Alphabet in a research note on Monday, August 3rd. Finally, Moffett Nathanson lowered their target price on Alphabet from $380.00 to $370.00 and set a "buy" rating for the company in a report on Wednesday, September 16th. Six analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Alphabet currently has an average rating of "Moderate Buy" and a consensus price target of $413.38.

Alphabet Company Profile

Alphabet is a technology holding company whose primary business is Google. Founded in 1998 by Larry Page and Sergey Brin, Google became part of Alphabet when the company adopted a holding-company structure in 2015. Sundar Pichai leads Alphabet and Google as chief executive officer.

Google offers internet search, online advertising, cloud computing, and software and hardware products. Its services and products include Google Search, YouTube, Android, Chrome, Google Maps, Google Play, and Google Cloud.

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