Quadrant Capital Group LLC Sells 303,019 Shares of Alphabet Inc. $GOOG

Key Points

• Quadrant Capital Group cut its Alphabet stake by 84%. The firm sold 303,019 shares during the third quarter and retained 57,592 shares valued at approximately $20.1 million.
• Analysts remain broadly bullish on Alphabet. Six analysts rate the stock a Strong Buy, 34 rate it a Buy and four rate it a Hold, producing a consensus Buy rating and an average price target of $421.85.
• Alphabet’s fundamentals remain strong, but AI spending is a key risk. The company recently exceeded earnings and revenue estimates, while investors continue to weigh cloud and AI growth against heavy capital expenditures, execution concerns and related litigation headlines.

Quadrant Capital Group LLC lessened its stake in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 84.0% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 57,592 shares of the information services provider's stock after selling 303,019 shares during the period. Alphabet accounts for about 0.5% of Quadrant Capital Group LLC's portfolio, making the stock its 27th largest position. Quadrant Capital Group LLC's holdings in Alphabet were worth $20,130,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. BlackRock Inc. increased its stake 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 in the last quarter. State Street Corp grew its stake 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 valued at $67,458,980,000 after buying an additional 5,208,690 shares during the period. Amundi grew 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 buying an additional 4,083,758 shares during the period. Deutsche Bank AG grew 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 buying an additional 913,666 shares during the period. Finally, Wellington Management Group LLP increased its position in Alphabet by 24.9% in the 2nd quarter. Wellington Management Group LLP now owns 17,209,454 shares of the information services provider's stock valued at $6,080,616,000 after buying an additional 3,432,287 shares in the last quarter. Institutional investors and hedge funds own 27.26% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on GOOG shares. KeyCorp set a $410.00 price target on Alphabet in a research note on Monday. UBS Group reissued a "neutral" rating and issued a $380.00 price objective (up from $379.00) on shares of Alphabet in a research note on Wednesday, October 14th. Weiss Ratings restated a "buy (b)" rating on shares of Alphabet in a report on Thursday, October 15th. Pivotal Research boosted their price objective on Alphabet from $470.00 to $475.00 and gave the company a "buy" rating in a report on Thursday, July 23rd. Finally, Evercore upped their target price on Alphabet from $420.00 to $450.00 and gave the stock an "outperform" rating in a research report on Thursday, September 17th. Six equities research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat, Alphabet has an average rating of "Buy" and a consensus price target of $421.85.

More Alphabet News

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

Insider Buying and Selling at Alphabet

In other Alphabet news, CAO Marsida Saraci sold 449 shares of the business's stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total transaction of $149,606.80. Following the completion of the sale, the chief accounting officer directly owned 27,386 shares of the company's stock, valued at approximately $9,125,015.20. The trade was a 1.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the business's stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $19.46, for a total value of $3,832,277.26. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 315,765 shares of company stock worth $6,297,980. Insiders own 12.99% of the company's stock.

Alphabet Stock Down 1.1%

Shares of NASDAQ GOOG opened at $317.28 on Friday. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. The company has a 50-day moving average price of $339.42 and a 200-day moving average price of $350.21. The stock has a market capitalization of $3.88 trillion, a P/E ratio of 15.94, a P/E/G ratio of 0.92 and a beta of 1.19. Alphabet Inc. has a 1 year low of $256.10 and a 1 year high of $404.47.

Alphabet (NASDAQ:GOOG - Get Free Report) last posted its earnings results on Thursday, July 23rd. The information services provider reported $9.11 earnings per share for the quarter, topping analysts' consensus estimates of $2.87 by $6.24. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The company had revenue of $119.80 billion for the quarter, compared to analyst estimates of $116.53 billion. During the same quarter in the prior year, the business posted $2.31 EPS. The firm's revenue was up 24.2% compared to the same quarter last year. On average, equities research analysts forecast that Alphabet Inc. will post 20.60 EPS for the current fiscal year.

Alphabet Company Profile

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.

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