7,032 Alphabet Inc. $GOOG Shares Sold by Profund Advisors LLC

Profund Advisors LLC trimmed its holdings in Alphabet Inc. (NASDAQ:GOOG) by 4.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 169,059 shares of the information services provider’s stock after selling 7,032 shares during the period. Alphabet makes up 1.7% of Profund Advisors LLC’s investment portfolio, making the stock its 11th biggest holding. Profund Advisors LLC’s holdings in Alphabet were worth $57,605,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Readystate Asset Management LP bought a new stake in shares of Alphabet during the 2nd quarter valued at $45,352,000. BlackRock Inc. boosted its stake in 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 purchasing an additional 5,164,200 shares during the period. State Street Corp boosted its stake in 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 purchasing an additional 5,208,690 shares during the period. Amundi grew its holdings in Alphabet by 22.9% during 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 in the last quarter. Finally, Deutsche Bank AG grew its holdings in Alphabet by 5.6% during 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 in the last quarter. Institutional investors own 27.26% of the company’s stock.

Alphabet Trading Up 0.1%

Shares of GOOG opened at $278.27 on Wednesday. Alphabet Inc. has a fifty-two week low of $271.41 and a fifty-two week high of $404.47. The firm has a market cap of $3.40 trillion, a price-to-earnings ratio of 14.52, a PEG ratio of 0.84 and a beta of 1.21. The firm has a 50 day moving average price of $333.13 and a 200-day moving average price of $337.67. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.69 and a current ratio of 2.79.

Alphabet (NASDAQ:GOOG) last issued its earnings results on Wednesday, October 28th. The information services provider reported $2.12 EPS for the quarter, missing analysts’ consensus estimates of $3.01 by ($0.89). The business had revenue of $127.58 billion during the quarter, compared to analysts’ expectations of $127.97 billion. Alphabet had a return on equity of 43.33% and a net margin of 50.03%. Alphabet’s revenue for the quarter was up 24.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.87 EPS. As a group, equities research analysts forecast that Alphabet Inc. will post 19.80 earnings per share for the current year.

Alphabet Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 14th. Stockholders of record on Monday, December 7th will be paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, December 7th. Alphabet’s dividend payout ratio (DPR) is 4.59%.

Insider Activity at Alphabet

In other news, Director Frances Arnold sold 83 shares of the business’s 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 completion of the sale, the director owned 19,076 shares of the company’s stock, valued at approximately $6,494,424.20. The trade was a 0.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders sold a total of 247 shares of company stock valued at $79,238 in the last quarter. 12.99% of the stock is currently owned by insiders.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud revenue more than doubled year over year to about $30.7 billion, and the company has a substantial backlog. A report that OpenAI is interested in buying Google’s AI chips could also help Alphabet monetize its infrastructure investment. OpenAI Wants to Buy Google AI Chips
• Positive Sentiment: Alphabet is reportedly in preliminary discussions related to the U.S. Defense Department’s Golden Dome initiative. A contract could diversify revenue and help generate returns on its AI infrastructure, though no agreement is confirmed. Alphabet’s Golden Dome Talks Could Open a New Market
• Neutral Sentiment: Google says it will make AI tools opt-in for K–12 accounts, but the changes have drawn political criticism after reports that schools restricting AI could also lose Search by default. The controversy may create reputational risk, while the effect on revenue is unclear. Google responds to political backlash over removing search from schools
• Negative Sentiment: The latest quarter’s $2.12 per-share earnings missed analyst expectations, while aggressive AI investment pushed free cash flow into negative territory. Investors are also weighing expectations for higher capital spending, which could pressure cash flow further before the investments pay off. Alphabet’s Free Cash Flow Just Turned Negative
• Negative Sentiment: Several law firms publicized an existing securities class action concerning alleged disclosures about Gemini 3.5 Pro’s training results. The announcements add legal and headline risk, but are not findings of wrongdoing. Alphabet securities class action deadline notice

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Tigress Financial upped their price target on Alphabet from $415.00 to $485.00 and gave the company a “strong-buy” rating in a research report on Friday, September 18th. Royal Bank Of Canada restated a “buy” rating and issued a $475.00 price objective on shares of Alphabet in a research report on Thursday, July 23rd. The Goldman Sachs Group reduced their price objective on shares of Alphabet from $440.00 to $435.00 and set a “buy” rating for the company in a research note on Thursday, July 23rd. Wedbush began coverage on shares of Alphabet in a report on Thursday, July 16th. They set an “outperform” rating and a $445.00 target price on the stock. Finally, Barclays reiterated an “overweight” rating on shares of Alphabet in a research note on Thursday, October 29th. Six equities research 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.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $413.38.

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.