Alphabet Inc. $GOOG Shares Sold by Douglas Lane & Associates LLC

Key Points

• Douglas Lane & Associates reduced its Alphabet position by 3.9% in the third quarter, selling 29,701 shares and retaining 737,759 shares valued at approximately $251.4 million.
• Institutional ownership remains significant, with firms including BlackRock and State Street increasing their stakes; analysts maintain a broadly positive view, with 41 of 44 covering analysts rating Alphabet Buy or Strong Buy and an average price target of $421.95.
• Alphabet reported strong operating momentum, including 24.2% year-over-year revenue growth and earnings above estimates, while its Gemini AI products and infrastructure investments could support future cloud and enterprise growth.

Douglas Lane & Associates LLC reduced its position in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 3.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 737,759 shares of the information services provider's stock after selling 29,701 shares during the period. Alphabet comprises about 3.1% of Douglas Lane & Associates LLC's portfolio, making the stock its 4th biggest holding. Douglas Lane & Associates LLC's holdings in Alphabet were worth $251,384,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. BlackRock Inc. grew its stake in Alphabet by 1.4% during the 2nd quarter. BlackRock Inc. now owns 369,922,502 shares of the information services provider's stock valued at $130,704,718,000 after acquiring an additional 5,164,200 shares in the last quarter. State Street Corp boosted its position in shares of Alphabet by 2.8% during the second quarter. State Street Corp now owns 190,923,442 shares of the information services provider's stock worth $67,458,980,000 after buying an additional 5,208,690 shares during the period. Janus Henderson Group PLC grew its holdings in shares of Alphabet by 2.1% in the fourth quarter. Janus Henderson Group PLC now owns 24,595,622 shares of the information services provider's stock valued at $7,693,281,000 after purchasing an additional 508,718 shares in the last quarter. Invesco Ltd. raised its stake in shares of Alphabet by 2.4% in the fourth quarter. Invesco Ltd. now owns 22,048,456 shares of the information services provider's stock valued at $6,918,805,000 after acquiring an additional 517,108 shares in the last quarter. Finally, Amundi lifted its stake in Alphabet by 22.9% in the first quarter. Amundi now owns 21,922,379 shares of the information services provider's stock worth $6,288,654,000 after acquiring an additional 4,083,758 shares during the last quarter. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google introduced a Gemini Agent designed to autonomously complete workplace tasks across Gmail, Docs, Sheets, Calendar, Microsoft 365, Salesforce, Jira and other business systems. The product could strengthen Google Cloud and Workspace monetization by giving enterprise customers a reason to increase AI spending. Google brings agentic AI to Gemini, starting with businesses
• Positive Sentiment: Employees are reportedly testing an even more advanced Gemini 4 model, internally codenamed Carbon. While unconfirmed and not yet a commercial launch, the report reinforces expectations that Alphabet remains competitive in the rapidly evolving AI market. Google employees test new Gemini 4 model
• Positive Sentiment: Analysts and financial commentators continue to view Alphabet as attractively valued relative to Microsoft, Amazon, Meta, Apple and Netflix. The company is growing rapidly while trading at a lower earnings multiple, supporting the argument that the stock has room to recover toward prior highs. Is Alphabet stock priced right against its peers?
• Positive Sentiment: Alphabet’s AI infrastructure strategy is expanding through long-term power and data-center investments, including reported Nordic buildouts and nuclear and microgrid arrangements. Securing reliable electricity could help address a major constraint on future AI and cloud capacity.
• Neutral Sentiment: GOOG benefited from broader technology-sector strength, with gains in major holdings helping lift the SPY and QQQ exchange-traded funds. This provides market support but is not a company-specific catalyst.
• Neutral Sentiment: A reported increase in short interest showed zero shares outstanding and a zero-day days-to-cover ratio, an internally inconsistent data point that offers no reliable trading signal.
• Negative Sentiment: Several law firms are promoting a securities class action alleging that Alphabet misled investors about Gemini development and AI issues during the May 19–July 16 class period. The lawsuits could create legal costs and reputational risk, although the announcements themselves do not establish liability. Rosen Alphabet securities class action announcement

Insider Transactions at Alphabet

In related news, Director Frances Arnold sold 83 shares of the firm's stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total value of $28,257.35. Following the transaction, the director owned 19,076 shares in the company, valued at approximately $6,494,424.20. This trade represents a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Marsida Saraci sold 449 shares of the stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total value of $149,606.80. Following the completion of the sale, the chief accounting officer owned 27,386 shares of the company's stock, valued at approximately $9,125,015.20. This represents a 1.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 441,399 shares of company stock worth $8,677,053 in the last three months. 12.99% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Tigress Financial upped their price target on Alphabet from $415.00 to $485.00 and gave the company a "strong-buy" rating in a report on Friday, September 18th. Raymond James Financial restated a "strong-buy" rating on shares of Alphabet in a research note on Thursday, July 23rd. Phillip Securities raised shares of Alphabet from a "moderate buy" rating to a "strong-buy" rating and lowered their price objective for the stock from $450.00 to $425.00 in a research report on Monday, July 27th. Weiss Ratings reiterated a "buy (b)" rating on shares of Alphabet in a research note on Friday, July 17th. Finally, BMO Capital Markets increased their price objective on Alphabet from $455.00 to $465.00 and gave the stock an "outperform" rating in a research report on Thursday, July 23rd. Six research analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average price target of $421.95.

Alphabet Trading Up 0.9%

Shares of Alphabet stock opened at $347.86 on Friday. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. Alphabet Inc. has a 1 year low of $236.68 and a 1 year high of $404.47. The company has a market capitalization of $4.25 trillion, a P/E ratio of 17.47, a P/E/G ratio of 1.00 and a beta of 1.19. The business has a 50 day moving average price of $342.96 and a 200 day moving average price of $346.76.

Alphabet (NASDAQ:GOOG - Get Free Report) last released its earnings results on Thursday, July 23rd. The information services provider reported $9.11 EPS for the quarter, topping the consensus estimate of $2.87 by $6.24. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The firm had revenue of $119.80 billion during the quarter, compared to analysts' expectations of $116.53 billion. During the same period in the previous year, the company earned $2.31 EPS. Alphabet's revenue for the quarter was up 24.2% on a year-over-year basis. Sell-side analysts anticipate that Alphabet Inc. will post 20.55 EPS for the current fiscal year.

Alphabet Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 14th. Shareholders of record on Monday, September 7th were paid a dividend of $0.22 per share. The ex-dividend date was Friday, September 4th. This represents a $0.88 annualized dividend and a yield of 0.3%. Alphabet's dividend payout ratio is currently 4.42%.

Alphabet Profile

Alphabet Inc is a technology holding company best known as the parent company of Google. Established in 2015 through a corporate restructuring, Alphabet oversees Google and a collection of businesses focused on technology, innovation and emerging industries. Sundar Pichai serves as Alphabet's chief executive officer and also leads Google.

Google is Alphabet's primary business and operates an internet ecosystem that includes Google Search, online advertising, YouTube, Android, Chrome, Google Maps, Google Play and Google Photos.

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