Alphabet Inc. $GOOGL Stock: Formuepleje A S Trims Stake

Key Points

• Formuepleje A S trimmed its Alphabet stake by 1.4% in the third quarter, selling 3,551 shares and retaining 246,262 shares valued at approximately $84.7 million. Alphabet remains its third-largest holding, representing about 7.3% of its portfolio.
• Institutional ownership remains significant at 40.03%, while several other investment firms increased their Alphabet positions during the quarter. Company insiders sold 420,865 shares worth about $8.3 million over the past 90 days.
• Wall Street remains broadly bullish, with analysts assigning Alphabet a consensus “Buy” rating and an average price target of $425.04. The company also recently exceeded quarterly revenue and earnings expectations, though investors continue to monitor heavy AI and data-center spending.

Formuepleje A S reduced its stake in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 1.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 246,262 shares of the information services provider's stock after selling 3,551 shares during the period. Alphabet comprises approximately 7.3% of Formuepleje A S's holdings, making the stock its 3rd biggest position. Formuepleje A S's holdings in Alphabet were worth $84,734,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Turtle Creek Wealth Advisors LLC grew its position in shares of Alphabet by 9.9% in the 3rd quarter. Turtle Creek Wealth Advisors LLC now owns 105,561 shares of the information services provider's stock worth $36,321,000 after acquiring an additional 9,532 shares in the last quarter. WealthPlan Investment Management LLC increased its holdings in shares of Alphabet by 6.5% in the 3rd quarter. WealthPlan Investment Management LLC now owns 94,601 shares of the information services provider's stock valued at $32,550,000 after acquiring an additional 5,742 shares during the last quarter. SBE LLC DBA Cedar Cove Wealth Partners raised its position in shares of Alphabet by 3.0% during the 3rd quarter. SBE LLC DBA Cedar Cove Wealth Partners now owns 2,337 shares of the information services provider's stock valued at $804,000 after acquiring an additional 68 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its position in shares of Alphabet by 3.4% during the 3rd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 12,240 shares of the information services provider's stock valued at $4,212,000 after acquiring an additional 408 shares in the last quarter. Finally, Nvwm LLC lifted its stake in Alphabet by 1.6% during the third quarter. Nvwm LLC now owns 46,587 shares of the information services provider's stock worth $16,030,000 after purchasing an additional 727 shares during the last quarter. 40.03% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Alphabet

In other Alphabet news, CAO Marsida Saraci sold 449 shares of the company's stock in a transaction dated 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 owned 27,386 shares in the company, valued at approximately $9,125,015.20. This represents a 1.61% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Frances Arnold sold 83 shares of the company's stock in a transaction dated Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total transaction of $28,257.35. Following the completion of the transaction, the director owned 19,076 shares of the company's stock, valued at approximately $6,494,424.20. This trade represents a 0.43% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 420,865 shares of company stock valued at $8,293,477 in the last ninety days. Company insiders own 11.61% of the company's stock.

Wall Street Analysts Forecast Growth

GOOGL has been the subject of a number of research reports. Morgan Stanley set a $400.00 price objective on shares of Alphabet and gave the stock an "overweight" rating in a report on Thursday, July 23rd. Truist Financial set a $420.00 target price on shares of Alphabet and gave the stock a "buy" rating in a report on Thursday, July 23rd. Piper Sandler increased their target price on shares of Alphabet from $395.00 to $400.00 and gave the stock an "overweight" rating in a report on Monday, September 28th. Rosenblatt Securities restated a "buy" rating and issued a $410.00 price target on shares of Alphabet in a research report on Thursday, September 3rd. Finally, BMO Capital Markets set a $465.00 price target on shares of Alphabet and gave the company an "outperform" rating in a report on Thursday, July 23rd. Five equities research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of $425.04.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Strong cloud and AI momentum: Recent commentary highlights approximately 24% overall revenue growth and an 82% increase in Google Cloud, suggesting that cloud demand and AI monetization may be offsetting concerns about rising capital expenditures. Alphabet’s Cloud Surge and AI Dominance Overshadow Capex Fears
• Positive Sentiment: JPMorgan remains bullish: JPMorgan raised its Alphabet price target to $425 from $420 and maintained an “overweight” rating, implying significant upside from the referenced price. The firm believes Google can withstand fears that generative AI will disrupt Search. JPMorgan Alphabet Price Target
• Positive Sentiment: Waymo expansion: Alphabet’s autonomous-driving unit received approval to participate in Ontario’s automated-vehicle pilot program and is targeting a Toronto robotaxi launch in 2028, expanding a potential long-term growth business. Waymo Toronto Robotaxi Launch
• Positive Sentiment: Additional product and technology catalysts: Google launched its Universal Cart shopping tool in the U.S., while reports of progress in quantum-computing error reduction and a multiyear CNN AI partnership support Alphabet’s efforts to broaden AI-related revenue.
• Neutral Sentiment: Investor attention is elevated: Zacks reported unusually heavy searches for both GOOGL and GOOG, reflecting strong interest but not necessarily a change in fundamentals.
• Negative Sentiment: Capex and profitability concerns: Investors remain concerned that Alphabet’s large data-center and AI investments could pressure free cash flow and take time to generate adequate returns. A reported multibillion-dollar computing arrangement with SpaceX adds to scrutiny of spending discipline.
• Negative Sentiment: Litigation over AI disclosures: Several law firms publicized a securities-fraud class action covering investors who bought shares from May 19 through July 16, 2026. The allegations reportedly involve representations about Gemini 3.5 Pro training results; the repeated notices add headline and potential liability risk, although they do not establish wrongdoing.
• Negative Sentiment: Other risks: Google warned that suspected China-linked hackers could exploit a BeyondTrust software flaw, while political and regulatory uncertainty could affect Search, advertising and the profits funding Alphabet’s AI buildout.

Alphabet Stock Performance

Shares of GOOGL opened at $340.59 on Friday. The firm has a fifty day moving average of $344.26 and a 200-day moving average of $351.32. The company has a market cap of $4.17 trillion, a price-to-earnings ratio of 17.11, a price-to-earnings-growth ratio of 0.99 and a beta of 1.21. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. Alphabet Inc. has a 1 year low of $244.15 and a 1 year high of $408.61.

Alphabet (NASDAQ:GOOGL - Get Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, topping the consensus estimate of $2.89 by $6.22. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The business had revenue of $119.80 billion during the quarter, compared to analyst estimates of $117.07 billion. As a group, equities analysts anticipate that Alphabet Inc. will post 20.55 earnings per share for the current year.

Alphabet Dividend Announcement

The company also recently announced 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. 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 payout ratio is presently 4.42%.

About Alphabet

Alphabet Inc is a technology holding company best known for its Google subsidiary. Google operates a global internet-services business centered on online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a broad range of cloud-based productivity and collaboration tools.

Google Cloud provides infrastructure, data analytics, cybersecurity, artificial intelligence, and enterprise software services to businesses, governments, and other organizations. Alphabet also develops consumer hardware, including Pixel devices and products for connected homes, while investing in emerging businesses through its “Other Bets” segment, including autonomous transportation and life sciences initiatives.

Alphabet was established in 2015 as part of a corporate restructuring that made Google a subsidiary and provided a separate structure for its expanding portfolio of businesses.

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