Alphabet Inc. $GOOGL Stock: Maj Invest Holding A S Trims Position

Maj Invest Holding A S decreased its stake in Alphabet Inc. (NASDAQ:GOOGL) by 1.7% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 324,064 shares of the information services provider’s stock after selling 5,531 shares during the period. Alphabet accounts for 4.9% of Maj Invest Holding A S’s portfolio, making the stock its 9th biggest position. Maj Invest Holding A S’s holdings in Alphabet were worth $111,502,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of GOOGL. Vantage Investment Partners LLC raised its stake in Alphabet by 39.2% during the 3rd quarter. Vantage Investment Partners LLC now owns 64,489 shares of the information services provider’s stock worth $22,189,000 after acquiring an additional 18,148 shares in the last quarter. Financial Insights Inc. lifted its position in Alphabet by 4.4% in the third quarter. Financial Insights Inc. now owns 4,168 shares of the information services provider’s stock valued at $1,434,000 after acquiring an additional 175 shares during the last quarter. Prism Planning Partners LLC lifted its position in Alphabet by 4.0% in the third quarter. Prism Planning Partners LLC now owns 1,796 shares of the information services provider’s stock valued at $618,000 after acquiring an additional 69 shares during the last quarter. Conning Inc. lifted its position in Alphabet by 3.1% in the third quarter. Conning Inc. now owns 38,257 shares of the information services provider’s stock valued at $13,163,000 after acquiring an additional 1,134 shares during the last quarter. Finally, Petersen Hastings Wealth Advisors Inc. boosted its stake in Alphabet by 2.6% in the third quarter. Petersen Hastings Wealth Advisors Inc. now owns 1,434 shares of the information services provider’s stock valued at $493,000 after acquiring an additional 37 shares in the last quarter. 40.03% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google plans to invest $17 billion in a Wyoming data center, adding capacity to serve AI demand. Google’s credit backstop for Anthropic’s $19 billion TeraWulf data-center lease may also help secure future AI infrastructure. The commitments support growth, though they require substantial capital. Alphabet’s Google Plans $17 Billion Investment in Wyoming Data Center
• Neutral Sentiment: Google, Meta and TikTok sued California to block a law restricting features considered addictive for users under 16. A successful challenge could limit regulatory constraints, but the outcome is uncertain and the dispute adds scrutiny of social-media practices. Meta, Google, and TikTok sue California AG over teen social media law
• Negative Sentiment: Investors remain concerned that AI infrastructure spending is pressuring free cash flow and margins. The $17 billion Wyoming project reinforces Google’s growth ambitions but could intensify worries about the scale and payoff of capital spending. Alphabet’s Free Cash Flow Is Declining Faster Than Analysts Expected
• Negative Sentiment: A new lawsuit alleges a student used Google AI on a school Chromebook while planning a suicide attempt. The allegations are unproven, but the case could heighten reputational, product-safety and legal risks amid broader concerns about children’s online safety. Google faces claims student used AI chat on US school laptop to plan suicide attempt
• Negative Sentiment: Google has drawn backlash over a policy that would deny Search access to schools that restrict its AI tools, potentially damaging trust and inviting further scrutiny. Separately, law firms are publicizing a securities class action alleging misleading statements about Gemini 3.5 Pro; the claims are allegations, not findings, but add legal overhang. Google faces backlash for plan that would turn off Search for schools that restrict AI

Insider Buying and Selling at Alphabet

In other Alphabet news, Director Frances Arnold sold 83 shares of Alphabet stock in a transaction that occurred on Wednesday, September 30th. The stock was 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 trade represents a 0.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In the last quarter, insiders sold 247 shares of company stock valued at $79,238. Company insiders own 11.61% of the company’s stock.

Alphabet Price Performance

Shares of GOOGL opened at $282.57 on Friday. Alphabet Inc. has a fifty-two week low of $270.70 and a fifty-two week high of $408.61. The company has a market capitalization of $3.46 trillion, a price-to-earnings ratio of 14.75, a price-to-earnings-growth ratio of 0.87 and a beta of 1.23. The firm has a 50-day simple moving average of $334.04 and a 200-day simple moving average of $339.15. 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:GOOGL) last issued its quarterly earnings results on Wednesday, October 28th. The information services provider reported $2.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.02 by ($0.90). The company had revenue of $127.58 billion during the quarter, compared to analyst estimates of $127.96 billion. Alphabet had a net margin of 50.03% and a return on equity of 43.33%. On average, equities research analysts anticipate that Alphabet Inc. will post 19.86 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. Shareholders 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 yield of 0.3%. The ex-dividend date of this dividend is Monday, December 7th. Alphabet’s dividend payout ratio (DPR) is presently 4.59%.

Analysts Set New Price Targets

Several brokerages have issued reports on GOOGL. Freedom Capital raised Alphabet from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 23rd. Morgan Stanley reissued an “overweight” rating and issued a $375.00 target price (down from $400.00) on shares of Alphabet in a report on Thursday, October 29th. Zacks Research downgraded Alphabet from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 11th. JPMorgan Chase & Co. upped their target price on Alphabet from $420.00 to $425.00 and gave the company an “overweight” rating in a research report on Thursday, October 15th. Finally, Piper Sandler set a $345.00 price target on Alphabet and gave the stock an “overweight” rating in a research note on Thursday, October 29th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-five have issued a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $412.51.

Alphabet Company Profile

Alphabet Inc is a technology holding company best known for its Google subsidiary. Google operates a global internet-services business centered on online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a broad range of cloud-based productivity and collaboration tools.

Google Cloud provides infrastructure, data analytics, cybersecurity, artificial intelligence, and enterprise software services to businesses, governments, and other organizations. Alphabet also develops consumer hardware, including Pixel devices and products for connected homes, while investing in emerging businesses through its “Other Bets” segment, including autonomous transportation and life sciences initiatives.

Alphabet was established in 2015 as part of a corporate restructuring that made Google a subsidiary and provided a separate structure for its expanding portfolio of businesses.