SoundView Advisors Inc. cut its stake in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 57.5% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,586 shares of the information services provider’s stock after selling 2,144 shares during the quarter. Alphabet comprises approximately 0.2% of SoundView Advisors Inc.’s investment portfolio, making the stock its 22nd biggest position. SoundView Advisors Inc.’s holdings in Alphabet were worth $540,000 at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of the stock. Readystate Asset Management LP purchased a new stake in shares of Alphabet in the second quarter valued at about $45,352,000. BlackRock Inc. increased its position in Alphabet by 1.4% during the second 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 last quarter. State Street Corp raised its stake in Alphabet by 2.8% during the second 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 raised its stake in Alphabet by 22.9% during the first quarter. Amundi now owns 21,922,379 shares of the information services provider’s stock worth $6,288,654,000 after purchasing an additional 4,083,758 shares during the period. Finally, Deutsche Bank AG raised its stake in Alphabet by 5.6% during the second quarter. Deutsche Bank AG now owns 17,313,729 shares of the information services provider’s stock worth $6,117,460,000 after purchasing an additional 913,666 shares during the period. Hedge funds and other institutional investors own 27.26% of the company’s stock.
Alphabet Stock Up 0.7%
Shares of GOOG opened at $286.01 on Tuesday. The company’s 50-day moving average price is $328.65 and its 200 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 company has a current ratio of 2.79, a quick ratio of 2.69 and a debt-to-equity ratio of 0.19. The firm has a market cap of $3.50 trillion, a P/E ratio of 14.93, a price-to-earnings-growth ratio of 0.87 and a beta of 1.21.
Alphabet (NASDAQ:GOOG – Get Free Report) last announced its earnings results on Thursday, October 29th. The information services provider reported $2.12 earnings per share for the quarter, missing the consensus estimate of $3.01 by ($0.89). Alphabet had a return on equity of 43.33% and a net margin of 50.03%. 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 business earned $2.87 EPS. The company’s quarterly revenue was up 24.7% compared to the same quarter last year. On average, sell-side analysts forecast that Alphabet Inc. will post 19.80 earnings per share for the current year.
Alphabet Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, December 14th. Stockholders of record on Monday, December 7th will be paid a $0.22 dividend. 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 payout ratio is 4.59%.
Key Alphabet News
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 Activity at Alphabet
In other news, Director Frances Arnold sold 83 shares of the company’s stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total value of $28,257.35. Following the transaction, the director directly owned 19,076 shares in the company, valued at approximately $6,494,424.20. This represents a 0.43% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In the last quarter, insiders have sold 247 shares of company stock valued at $79,238. Corporate insiders own 12.99% of the company’s stock.
Analysts Set New Price Targets
GOOG has been the topic of several recent analyst reports. Citizens Jmp lowered shares of Alphabet from a “mkt outperform” rating to a “market perform” rating in a report on Thursday, October 29th. China Renaissance cut their price target on shares of Alphabet from $485.00 to $445.00 and set a “buy” rating for the company in a report on Friday, July 24th. Needham & Company LLC restated a “buy” rating on shares of Alphabet in a report on Tuesday, October 27th. Rosenblatt Securities assumed coverage on Alphabet in a report on Thursday, August 20th. They issued a “buy” rating on the stock. Finally, Tigress Financial increased their price objective on Alphabet from $415.00 to $485.00 and gave the stock a “strong-buy” rating in a research report on Friday, September 18th. Six research analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, five have given 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 target price of $413.38.
Read Our Latest Report on Alphabet
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.
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