Alphabet Inc. $GOOG Shares Sold by SBI Securities Co. Ltd.

Key Points

• SBI Securities reduced its Alphabet position by 2% in the third quarter, selling 3,956 shares and retaining 193,856 shares valued at approximately $66.1 million. Institutional investors collectively own 27.26% of Alphabet.
• Alphabet shares opened at $317.28, below their 50-day and 200-day moving averages, while analysts maintained a consensus “Buy” rating with an average price target of $421.85.
• AI and cloud growth remain key opportunities, but investors are watching AI execution, heavy capital spending and related litigation risks. Upcoming quarterly results are expected to focus on advertising, Google Cloud growth, AI adoption, margins and capital expenditures.

SBI Securities Co. Ltd. lowered its position in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 2.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 193,856 shares of the information services provider's stock after selling 3,956 shares during the period. Alphabet comprises about 1.5% of SBI Securities Co. Ltd.'s holdings, making the stock its 14th largest holding. SBI Securities Co. Ltd.'s holdings in Alphabet were worth $66,054,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Readystate Asset Management LP purchased a new position in shares of Alphabet during the 2nd quarter worth approximately $45,352,000. BlackRock Inc. raised its position in shares of Alphabet by 1.4% in the 2nd quarter. BlackRock Inc. now owns 369,922,502 shares of the information services provider's stock worth $130,704,718,000 after acquiring an additional 5,164,200 shares in the last quarter. State Street Corp raised its position in shares of Alphabet by 2.8% in the 2nd quarter. State Street Corp now owns 190,923,442 shares of the information services provider's stock worth $67,458,980,000 after acquiring an additional 5,208,690 shares in the last quarter. Amundi lifted its stake in shares of Alphabet by 22.9% in the 1st quarter. Amundi now owns 21,922,379 shares of the information services provider's stock valued at $6,288,654,000 after purchasing an additional 4,083,758 shares during the period. Finally, Deutsche Bank AG lifted its stake in shares of Alphabet by 5.6% in the 2nd quarter. Deutsche Bank AG now owns 17,313,729 shares of the information services provider's stock valued at $6,117,460,000 after purchasing an additional 913,666 shares during the period. Hedge funds and other institutional investors own 27.26% of the company's stock.

Alphabet Price Performance

Shares of Alphabet stock opened at $317.28 on Monday. The stock has a 50 day moving average of $339.42 and a 200 day moving average of $350.58. Alphabet Inc. has a 12 month low of $256.10 and a 12 month high of $404.47. The firm has a market cap of $3.88 trillion, a PE ratio of 15.94, a PEG ratio of 0.91 and a beta of 1.19. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16.

Insider Activity at Alphabet

In other Alphabet news, CAO Marsida Saraci sold 449 shares of Alphabet 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 transaction, the chief accounting officer directly owned 27,386 shares of the company's stock, valued at $9,125,015.20. This trade represents a 1.61% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the business's stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $18.90, for a total transaction of $2,232,808.20. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 118,834 shares of company stock valued at $2,465,703 over the last 90 days. 12.99% of the stock is owned by corporate insiders.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: AI and cloud growth remain key positives. Analysts highlight accelerating Google Cloud growth, expanding operating margins, rising subscriptions and Alphabet’s distribution advantage for Gemini. Google Cloud also announced general availability of an Anthropic-managed deployment option for Claude models, potentially broadening enterprise AI adoption. Alphabet: Gemini 4 Argon Is Coming For ChatGPT's Lunch
• Positive Sentiment: Several longer-term growth opportunities support the stock. Articles point to Alphabet’s proprietary AI chips, which could become a major business, as well as a reported quantum-computing error-reduction breakthrough. Analysts also raised an Alphabet FY2027 EPS estimate modestly, reinforcing the view that earnings potential remains strong. Google's AI chip could become a $75 billion business
• Neutral Sentiment: Q3 earnings are the next major catalyst. Preview articles expect investors to focus on advertising, Google Cloud growth, AI adoption, capital expenditures and margins. Results could determine whether Alphabet’s heavy AI investment is viewed as generating sufficient returns. Alphabet's Q3 Could Change the Narrative on Its AI Spending
• Negative Sentiment: AI execution concerns are the primary negative catalyst. Reports allege that Gemini 3.5 Pro was delayed or behind schedule and that investors were not adequately informed about development setbacks. The allegations contributed to a sharp prior sell-off and have prompted multiple securities-fraud class-action notices. Google Investor Alert: Alphabet Inc. Securities Class Action Notice
• Negative Sentiment: Litigation headlines add reputational and financial uncertainty. Several law firms are seeking lead plaintiffs for lawsuits covering investors who purchased Alphabet securities between May 19 and July 16, 2026, with deadlines around November 30 or December 1. The notices largely repeat the same allegations, so they may amplify sentiment risk more than they introduce new information. Kaplan Fox Alphabet Class Action Notice
• Negative Sentiment: Investors remain concerned about AI capital intensity. Large compute commitments, data-center spending and higher interest rates are raising questions about whether future returns will justify the investment. Broader AI-stock selling and ETF net selling have added pressure to Alphabet’s valuation. Google Is Paying SpaceX $11 Billion a Year for Compute

Analysts Set New Price Targets

A number of analysts have recently commented on the company. TD Cowen reissued a "buy" rating and issued a $485.00 price target (up from $475.00) on shares of Alphabet in a research report on Thursday, October 8th. Roth Capital raised their price objective on Alphabet from $435.00 to $440.00 and gave the company a "buy" rating in a research report on Thursday, July 23rd. Wolfe Research reiterated an "outperform" rating on shares of Alphabet in a research note on Thursday, August 27th. Phillip Securities raised Alphabet from a "moderate buy" rating to a "strong-buy" rating and dropped their target price for the stock from $450.00 to $425.00 in a report on Monday, July 27th. Finally, Oppenheimer reissued an "outperform" rating and issued a $400.00 target price (down from $445.00) on shares of Alphabet in a research note on Thursday, July 23rd. Six analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of $421.85.

About Alphabet

Alphabet Inc is a technology holding company best known as the parent organization of Google. Founded in 2015 through a corporate restructuring, Alphabet oversees Google and a collection of businesses focused on technology, online services, communications, artificial intelligence, and other emerging areas.

Google's principal products and services include its internet search engine, digital advertising platforms, YouTube, Android, Chrome, Google Maps, Google Play, and Google Workspace. The company also provides cloud computing, data storage, cybersecurity, productivity, and artificial intelligence services through Google Cloud.

Want to see what other hedge funds are holding GOOG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alphabet Inc. (NASDAQ:GOOG - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.