Alphabet Inc. $GOOG Stock Sold by Migdal Insurance & Financial Holdings Ltd.

Key Points

• Migdal Insurance cut its Alphabet stake by 8.5%, selling 189,997 shares in the third quarter. It still held 2.04 million shares worth about $694.7 million, its fifth-largest position.
• Analysts’ consensus rating is “Moderate Buy,” with an average price target of $413.38. The shares recently traded at $292.52.
• Alphabet’s latest quarterly results missed estimates: EPS was $2.12 versus $3.01 expected, and revenue was $127.58 billion versus $127.97 billion expected; revenue nevertheless rose 24.7% year over year.

Migdal Insurance & Financial Holdings Ltd. cut its holdings in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 8.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,038,779 shares of the information services provider's stock after selling 189,997 shares during the quarter. Alphabet accounts for 4.3% of Migdal Insurance & Financial Holdings Ltd.'s holdings, making the stock its 5th largest position. Migdal Insurance & Financial Holdings Ltd.'s holdings in Alphabet were worth $694,684,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in GOOG. Denali Advisors LLC grew its holdings in shares of Alphabet by 14.8% during the 2nd quarter. Denali Advisors LLC now owns 105,988 shares of the information services provider's stock worth $37,449,000 after purchasing an additional 13,700 shares in the last quarter. Heck Capital Advisors LLC increased its position in shares of Alphabet by 298.2% in the second quarter. Heck Capital Advisors LLC now owns 22,229 shares of the information services provider's stock worth $7,854,000 after purchasing an additional 16,647 shares during the period. Montchanin Asset Management LLC bought a new position in shares of Alphabet in the first quarter worth $7,075,000. NBT Bank N.A. acquired a new position in Alphabet in the third quarter valued at about $47,537,000. Finally, Sax Wealth Advisors LLC raised its stake in Alphabet by 13.3% in the second quarter. Sax Wealth Advisors LLC now owns 30,489 shares of the information services provider's stock valued at $10,773,000 after purchasing an additional 3,575 shares in the last quarter. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on GOOG. Royal Bank Of Canada reaffirmed a "buy" rating and set a $475.00 price objective on shares of Alphabet in a research report on Thursday, July 23rd. China Renaissance reduced their price objective on shares of Alphabet from $485.00 to $445.00 and set a "buy" rating on the stock in a research note on Friday, July 24th. Citizens Jmp lowered shares of Alphabet from a "mkt outperform" rating to a "market perform" rating in a report on Thursday, October 29th. Truist Financial set a $410.00 target price on shares of Alphabet in a research report on Thursday, October 29th. Finally, Sanford C. Bernstein restated a "market perform" rating and issued a $325.00 target price on shares of Alphabet in a research report on Thursday, October 29th. Six 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 issued a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $413.38.

Alphabet Price Performance

Shares of GOOG stock traded down $2.83 during trading hours on Friday, reaching $292.52. The company's stock had a trading volume of 18,439,258 shares, compared to its average volume of 26,699,732. Alphabet Inc. has a fifty-two week low of $271.41 and a fifty-two week high of $404.47. The firm's 50 day simple moving average is $325.11 and its 200-day simple moving average is $335.97. 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 $3.60 trillion, a price-to-earnings ratio of 15.27, a PEG ratio of 0.90 and a beta of 1.21.

Alphabet (NASDAQ:GOOG - Get Free Report) last posted its quarterly earnings results on Thursday, October 29th. The information services provider reported $2.12 EPS for the quarter, missing analysts' consensus estimates of $3.01 by ($0.89). Alphabet had a return on equity of 43.33% and a net margin of 50.03%. The business had revenue of $127.58 billion for the quarter, compared to analyst estimates of $127.97 billion. During the same period last year, the firm posted $2.87 EPS. Alphabet's quarterly revenue was up 24.7% on a year-over-year basis. Sell-side analysts forecast that Alphabet Inc. will post 19.74 earnings per share for the current year.

Alphabet Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 14th. Investors of record on Monday, December 7th will be paid a $0.22 dividend. 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 dividend payout ratio (DPR) is 4.59%.

Alphabet News Roundup

Investors following GOOG have been watching these news items:

• Positive Sentiment: Nvidia CEO Jensen Huang’s abrupt departure has investors considering alternatives to Nvidia. Alphabet could benefit through its TPUs; reports say nearly 100 customers use Google’s custom AI chips, and HSBC has set a $360 price target. Any market-share gains remain prospective. Article
• Neutral Sentiment: Google and Samsung are opening preorders for AI smart glasses. The launch extends Google’s AI ecosystem, but its near-term revenue impact is unclear and privacy concerns remain. Article
• Negative Sentiment: A securities class action alleges Alphabet misled investors about Gemini development and disclosures during May–July 2026. The allegations have not been proven, but the case adds legal and reputational uncertainty; the lead-plaintiff deadline is December 1. Article

Insiders Place Their Bets

In other Alphabet news, Director Frances Arnold sold 83 shares of Alphabet 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 transaction, the director owned 19,076 shares in the company, valued at $6,494,424.20. The trade was a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders sold 247 shares of company stock valued at $79,238 over the last quarter. Company insiders own 12.99% of the company's stock.

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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