Alphabet Inc. $GOOG Shares Sold by Carret Asset Management LLC

Carret Asset Management LLC lowered its position in Alphabet Inc. (NASDAQ:GOOG) by 2.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 159,078 shares of the information services provider’s stock after selling 4,193 shares during the quarter. Alphabet makes up about 4.6% of Carret Asset Management LLC’s investment portfolio, making the stock its 3rd largest holding. Carret Asset Management LLC’s holdings in Alphabet were worth $54,204,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of GOOG. Readystate Asset Management LP bought a new position in Alphabet during the second quarter worth about $45,352,000. BlackRock Inc. lifted its position in shares of 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 buying an additional 5,164,200 shares during the last quarter. State Street Corp boosted its stake in shares of Alphabet by 2.8% during 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 acquiring an additional 5,208,690 shares during the period. Amundi boosted its stake in shares of Alphabet by 22.9% during the 1st quarter. Amundi now owns 21,922,379 shares of the information services provider’s stock worth $6,288,654,000 after acquiring an additional 4,083,758 shares during the period. Finally, Deutsche Bank AG boosted its stake in shares of Alphabet by 5.6% during the 2nd quarter. Deutsche Bank AG now owns 17,313,729 shares of the information services provider’s stock worth $6,117,460,000 after acquiring an additional 913,666 shares during the period. Institutional investors own 27.26% of the company’s stock.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google introduced two new versions of its eighth-generation Tensor Processing Units (TPUs), expanding its offerings for large and sensitive AI workloads. Investors may see the chips as a way to strengthen Google Cloud and challenge Nvidia in AI infrastructure. Alphabet stock rises as Google expands AI chip lineup to challenge Nvidia
• Positive Sentiment: Google Cloud selected AMD’s fifth-generation EPYC processors to host its TPU 8tx systems. The deal supports Alphabet’s AI infrastructure plans and shows the potential for partnerships alongside its in-house chips. AMD Stock Rises On Google Cloud Deal, Wall Street Upgrade
• Neutral Sentiment: Several law firms publicized a securities class action concerning Alphabet shares bought between May 19 and July 16, 2026, with lead-plaintiff deadlines around November 30 and December 1. The claims—including alleged misrepresentation of a Gemini model launch timeline—are allegations, and the announcements do not establish wrongdoing. Alphabet Deadline Alert: Levi & Korsinsky
• Negative Sentiment: JPMorgan removed Alphabet from its Analyst Focus List, while retaining an Overweight rating, citing slower AI search monetization and heavy infrastructure spending. Those concerns could weigh on expectations for returns from Alphabet’s substantial AI investment. JPMorgan Just Removed Alphabet From Its Analyst Focus List
• Negative Sentiment: Federal safety regulators opened an investigation into Waymo robotaxis reportedly continuing to pass stopped school buses after a software fix. The probe adds regulatory and reputational risk to Alphabet’s autonomous-driving business. Waymo robotaxis kept illegally passing school buses after software fix, feds say

Insider Buying and Selling at Alphabet

In other news, Director Frances Arnold sold 83 shares of the stock in a transaction on Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total transaction of $28,257.35. Following the sale, the director directly owned 19,076 shares of the company’s stock, valued at approximately $6,494,424.20. This represents a 0.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In the last ninety days, insiders sold 247 shares of company stock worth $79,238. Corporate insiders own 12.99% of the company’s stock.

Alphabet Stock Performance

Shares of NASDAQ:GOOG opened at $286.01 on Tuesday. The company’s 50 day moving average price is $328.65 and its two-hundred day moving average price is $336.80. Alphabet Inc. has a 12-month low of $271.41 and a 12-month high of $404.47. The firm has a market cap of $3.50 trillion, a PE ratio of 14.93, a PEG ratio of 0.87 and a beta of 1.21. The company has a quick ratio of 2.69, a current ratio of 2.79 and a debt-to-equity ratio of 0.19.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings results on Thursday, October 29th. 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 business had revenue of $127.58 billion during the quarter, compared to analyst estimates of $127.97 billion. During the same quarter in the previous year, the firm posted $2.87 earnings per share. The firm’s quarterly revenue was up 24.7% on a year-over-year basis. Equities research analysts predict that Alphabet Inc. will post 19.80 earnings per share for the current year.

Alphabet Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 14th. Stockholders of record on Monday, December 7th will be given 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 is Monday, December 7th. Alphabet’s dividend payout ratio is presently 4.59%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on GOOG shares. Piper Sandler restated an “overweight” rating and issued a $345.00 price target on shares of Alphabet in a research note on Thursday, October 29th. Tigress Financial lifted their price objective on shares of Alphabet from $415.00 to $485.00 and gave the stock a “strong-buy” rating in a research report on Friday, September 18th. Canaccord Genuity Group set a $450.00 target price on shares of Alphabet in a report on Thursday, July 23rd. Oppenheimer restated an “outperform” rating and set a $400.00 price objective (down from $445.00) on shares of Alphabet in a research report on Thursday, July 23rd. Finally, Raymond James Financial restated a “strong-buy” rating and set a $350.00 price objective on shares of Alphabet in a report on Thursday, October 29th. Six investment analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $413.38.

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.