Alphabet Inc. $GOOG Stock Sold by Candriam S.C.A.

Key Points

• Candriam S.C.A. trimmed its Alphabet stake by 0.6%, selling 4,731 shares in the third quarter; it still held 837,880 shares valued at about $286.5 million.
• Alphabet’s latest quarterly results missed earnings expectations ($2.12 per share versus $3.01 consensus) and slightly missed revenue estimates, though revenue grew 24.7% year over year.
• Analysts’ consensus rating remained “Moderate Buy,” with an average price target of $413.38; the company also declared a quarterly dividend of $0.22 per share.

Candriam S.C.A. lessened its stake in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 0.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 837,880 shares of the information services provider's stock after selling 4,731 shares during the quarter. Alphabet accounts for about 1.3% of Candriam S.C.A.'s holdings, making the stock its 11th biggest holding. Candriam S.C.A.'s holdings in Alphabet were worth $286,542,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently bought and sold shares of GOOG. Morton Brown Family Wealth LLC lifted 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 worth $25,000 after acquiring an additional 42 shares during the last quarter. Castlekeep Investment Advisors LLC purchased a new position in shares of Alphabet during the 2nd quarter worth approximately $29,000. Livelsberger Financial Advisory purchased a new position in shares of Alphabet during the 3rd quarter worth approximately $37,000. Toth Financial Advisory Corp purchased a new position in shares of Alphabet during the 2nd quarter worth approximately $41,000. Finally, Timbuktu Capital Management LLC acquired a new stake in Alphabet in the 2nd quarter valued at approximately $46,000. Hedge funds and other institutional investors own 27.26% of the company's stock.

More Alphabet News

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

Alphabet Stock Up 0.7%

Alphabet stock opened at $286.01 on Tuesday. Alphabet Inc. has a twelve month low of $271.41 and a twelve month high of $404.47. The stock's fifty day simple moving average is $328.65 and its 200-day simple moving average is $336.80. The company has a current ratio of 2.79, a quick ratio of 2.69 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $3.50 trillion, a P/E ratio of 14.93, a P/E/G ratio of 0.87 and a beta of 1.21.

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

Alphabet Announces Dividend

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

Insiders Place Their Bets

In other Alphabet news, Director Frances Arnold sold 83 shares of the stock in a transaction dated Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total value of $28,257.35. Following the sale, the director owned 19,076 shares of the company's stock, valued at $6,494,424.20. This trade represents a 0.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last quarter, insiders sold 247 shares of company stock worth $79,238. 12.99% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on GOOG shares. Scotiabank reissued a "sector outperform" rating and issued a $375.00 target price (down from $450.00) on shares of Alphabet in a research report on Thursday, October 29th. Canaccord Genuity Group set a $450.00 price target on Alphabet in a research note on Thursday, July 23rd. The Goldman Sachs Group lowered their price target on Alphabet from $440.00 to $435.00 and set a "buy" rating for the company in a research report on Thursday, July 23rd. Roth Capital lifted their price objective on Alphabet from $435.00 to $440.00 and gave the company a "buy" rating in a research note on Thursday, July 23rd. Finally, Bank of America reiterated a "buy" rating on shares of Alphabet in a research note on Thursday, October 29th. Six investment analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, Alphabet presently has a consensus rating of "Moderate Buy" and a consensus target price 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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