Alphabet Inc. $GOOG Stock Sold by Nippon Life Global Investors Americas Inc.

Nippon Life Global Investors Americas Inc. decreased its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 5.0% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 440,230 shares of the information services provider’s stock after selling 23,360 shares during the period. Alphabet makes up approximately 6.0% of Nippon Life Global Investors Americas Inc.’s holdings, making the stock its 4th largest holding. Nippon Life Global Investors Americas Inc.’s holdings in Alphabet were worth $150,004,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in GOOG. Denali Advisors LLC grew its position in Alphabet by 14.8% during the second quarter. Denali Advisors LLC now owns 105,988 shares of the information services provider’s stock valued at $37,449,000 after acquiring an additional 13,700 shares during the last quarter. Heck Capital Advisors LLC lifted its holdings in shares of Alphabet by 298.2% in the 2nd quarter. Heck Capital Advisors LLC now owns 22,229 shares of the information services provider’s stock worth $7,854,000 after acquiring an additional 16,647 shares during the last quarter. Montchanin Asset Management LLC bought a new stake in shares of Alphabet in the 1st quarter worth approximately $7,075,000. NBT Bank N.A. bought a new stake in shares of Alphabet in the 3rd quarter worth approximately $47,537,000. Finally, Sax Wealth Advisors LLC lifted its holdings in shares of Alphabet by 13.3% in the 2nd quarter. Sax Wealth Advisors LLC now owns 30,489 shares of the information services provider’s stock worth $10,773,000 after acquiring an additional 3,575 shares during the last quarter. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on GOOG. Bank of America reaffirmed a “buy” rating on shares of Alphabet in a research note on Thursday, October 29th. Freedom Capital upgraded shares of Alphabet from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 23rd. Barclays reissued an “overweight” rating on shares of Alphabet in a research note on Thursday, October 29th. The Goldman Sachs Group lowered their price target 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. Finally, Pivotal Research restated a “buy” rating and set a $475.00 price target on shares of Alphabet in a research report on Thursday, October 29th. Six research analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $413.38.

Alphabet News Roundup

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

Alphabet Price Performance

Shares of Alphabet stock opened at $278.27 on Wednesday. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.79 and a quick ratio of 2.69. Alphabet Inc. has a one year low of $271.41 and a one year high of $404.47. The business’s 50 day simple moving average is $333.13 and its two-hundred day simple moving average is $337.67. The stock has a market capitalization of $3.40 trillion, a P/E ratio of 14.52, a price-to-earnings-growth ratio of 0.84 and a beta of 1.21.

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

Alphabet Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 14th. Investors of record on Monday, December 7th will be issued 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 is Monday, December 7th. Alphabet’s dividend payout ratio is currently 4.59%.

Insiders Place Their Bets

In other Alphabet news, Director Frances Arnold sold 83 shares of the stock in a transaction on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total transaction of $28,257.35. Following the completion of the sale, the director owned 19,076 shares of the company’s stock, valued at $6,494,424.20. This represents a 0.43% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Over the last three months, insiders have sold 247 shares of company stock worth $79,238. Corporate insiders own 12.99% of the company’s stock.

Alphabet 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.