Alphabet Inc. $GOOG Shares Sold by MassMutual Private Wealth & Trust FSB

Key Points

• MassMutual Private Wealth & Trust FSB reduced its Alphabet stake by 3.4% in the third quarter, selling 7,193 shares and retaining 206,291 shares valued at approximately $70.3 million.
• Alphabet continues to attract substantial institutional ownership, with major investors including BlackRock and State Street increasing their positions; institutions and hedge funds collectively own 27.26% of the stock.
• Analysts maintain a broadly positive outlook, with a consensus “Buy” rating and average price target of $419.93, although Alphabet faces concerns over heavy AI infrastructure spending, negative free cash flow and ongoing regulatory scrutiny.

MassMutual Private Wealth & Trust FSB lowered its holdings in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 3.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 206,291 shares of the information services provider's stock after selling 7,193 shares during the quarter. Alphabet makes up 1.8% of MassMutual Private Wealth & Trust FSB's holdings, making the stock its 12th largest position. MassMutual Private Wealth & Trust FSB's holdings in Alphabet were worth $70,292,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. BlackRock Inc. raised its position in Alphabet by 1.4% in the second quarter. BlackRock Inc. now owns 369,922,502 shares of the information services provider's stock valued at $130,704,718,000 after purchasing an additional 5,164,200 shares during the period. State Street Corp grew its stake in shares of Alphabet by 2.8% in the second quarter. State Street Corp now owns 190,923,442 shares of the information services provider's stock valued at $67,458,980,000 after buying an additional 5,208,690 shares in the last quarter. Norges Bank acquired a new position in Alphabet during the 4th quarter worth about $18,093,665,000. Janus Henderson Group PLC lifted its stake in Alphabet by 2.1% during the 4th quarter. Janus Henderson Group PLC now owns 24,595,622 shares of the information services provider's stock worth $7,693,281,000 after acquiring an additional 508,718 shares in the last quarter. Finally, Invesco Ltd. boosted its holdings in Alphabet by 2.4% during the 4th 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 during the period. 27.26% of the stock is owned by institutional investors and hedge funds.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: New Gemini model strengthens Alphabet’s AI positioning: Google unveiled Gemini 4 Argon, aimed at handling complex, multistep enterprise tasks in areas including software engineering, cybersecurity, finance and law. The launch supports the view that Alphabet is competing more directly with OpenAI and Anthropic in higher-value business applications. Google unveils Gemini 4 Argon as AI race shifts to autonomous work
• Positive Sentiment: Search and advertising trends remain resilient: Analysts cited estimated 17%–19% year-over-year Search growth, increased query volumes from AI Overviews, and improving advertising conversion rates. This helps counter fears that AI will undermine Google’s core search business. Alphabet appears to be the easiest AI trade of the year
• Positive Sentiment: Profit growth and strategic investments support the bull case: Alphabet’s operating income reportedly increased 30% year over year in each of the first two quarters of 2026. Its investment in Anthropic could also appreciate substantially if that company proceeds with an initial public offering, while Alphabet’s cloud and computing businesses could benefit from continued AI demand. Prediction: Alphabet’s profit growth carries it to $5 trillion
• Positive Sentiment: Reduced legal pressure: Alphabet reportedly prevailed in two U.S. antitrust cases, easing immediate regulatory risk. The company is also participating in an industry coalition focused on addressing power, data and community concerns surrounding AI data centers. Alphabet prevails in two U.S. antitrust lawsuits
• Neutral Sentiment: Regulatory scrutiny continues: Google executives are scheduled to testify under oath before New York City lawmakers about AI risks and potential legislation. The hearing could increase visibility into future compliance requirements, although no immediate financial impact was specified. AI companies set to testify at New York City Council hearing
• Negative Sentiment: AI infrastructure spending is pressuring cash flow: Alphabet’s second-quarter capital expenditures reportedly doubled year over year to $44.92 billion. The spending contributed to negative free cash flow and analysts expect another sizable shortfall in 2027, raising questions about returns on AI investment. Alphabet’s negative free cash flow
• Negative Sentiment: Operational concerns: Google paused its open-source bug bounty program after a surge in AI-generated submissions, highlighting new challenges in screening security reports and managing AI-related abuse. Google pauses open-source bug bounty program

Analysts Set New Price Targets

Several brokerages have recently issued reports on GOOG. UBS Group reissued a "neutral" rating and issued a $379.00 price objective (down from $400.00) on shares of Alphabet in a research note on Thursday, July 23rd. Wolfe Research reiterated an "outperform" rating on shares of Alphabet in a research note on Thursday, August 27th. The Goldman Sachs Group cut their price objective on shares of Alphabet from $440.00 to $435.00 and set a "buy" rating for the company in a research report on Thursday, July 23rd. Moffett Nathanson dropped their target price on Alphabet from $380.00 to $370.00 and set a "buy" rating on the stock in a research report on Wednesday, September 16th. Finally, Wedbush started coverage on Alphabet in a report on Thursday, July 16th. They issued an "outperform" rating and a $445.00 price target for the company. Six equities research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Buy" and an average target price of $419.93.

Alphabet Price Performance

GOOG opened at $340.35 on Monday. The business's fifty day moving average is $342.10 and its two-hundred day moving average is $345.62. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. The company has a market cap of $4.16 trillion, a price-to-earnings ratio of 17.09, a PEG ratio of 0.99 and a beta of 1.19. Alphabet Inc. has a one year low of $236.68 and a one year high of $404.47.

Alphabet (NASDAQ:GOOG - Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The information services provider reported $9.11 earnings per share for the quarter, beating analysts' consensus estimates of $2.87 by $6.24. The business had revenue of $119.80 billion during the quarter, compared to analysts' expectations of $116.53 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.The business's revenue for the quarter was up 24.2% on a year-over-year basis. During the same quarter last year, the business posted $2.31 earnings per share. Analysts anticipate that Alphabet Inc. will post 20.55 EPS for the current fiscal year.

Alphabet Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 14th. Investors of record on Monday, September 7th were paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Friday, September 4th. Alphabet's dividend payout ratio is presently 4.42%.

Insider Buying and Selling at Alphabet

In other Alphabet news, CAO Marsida Saraci sold 449 shares of Alphabet stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total transaction of $149,606.80. Following the completion of the transaction, the chief accounting officer owned 27,386 shares in the company, valued at approximately $9,125,015.20. The trade was a 1.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Frances Arnold sold 83 shares of the company's 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 sale, the director directly owned 19,076 shares in the company, valued at $6,494,424.20. This trade represents a 0.43% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 441,399 shares of company stock worth $8,677,053. 12.99% of the stock is owned by corporate insiders.

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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