Alphabet Inc. $GOOGL Shares Sold by Ninety One North America Inc.

Ninety One North America Inc. decreased its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 5.2% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 262,289 shares of the information services provider’s stock after selling 14,355 shares during the period. Alphabet makes up 4.6% of Ninety One North America Inc.’s holdings, making the stock its 3rd largest position. Ninety One North America Inc.’s holdings in Alphabet were worth $90,248,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. EMC Capital Management acquired a new stake in shares of Alphabet during the fourth quarter worth $33,000. Lifetime Wealth Management P.C. bought a new stake in Alphabet in the fourth quarter valued at about $32,000. Core Capital Management & Research inc. acquired a new position in Alphabet in the second quarter valued at about $41,000. Premier Financial Group acquired a new stake in shares of Alphabet in the 2nd quarter valued at approximately $45,000. Finally, Graney & King LLC boosted its stake in Alphabet by 38.5% during the 2nd quarter. Graney & King LLC now owns 180 shares of the information services provider’s stock worth $64,000 after acquiring an additional 50 shares during the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.

Insider Activity

In other news, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the business’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $18.90, for a total value of $2,232,808.20. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Frances Arnold sold 83 shares of the company’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 transaction, the director directly owned 19,076 shares of the company’s stock, valued at $6,494,424.20. This represents a 0.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 420,865 shares of company stock worth $8,293,477 over the last three months. Corporate insiders own 11.61% of the company’s stock.

Alphabet Stock Down 2.5%

Shares of NASDAQ:GOOGL traded down $8.63 during midday trading on Friday, reaching $340.59. 28,484,155 shares of the company were exchanged, compared to its average volume of 26,079,582. Alphabet Inc. has a fifty-two week low of $244.15 and a fifty-two week high of $408.61. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16. The stock has a fifty day simple moving average of $344.26 and a two-hundred day simple moving average of $351.32. The firm has a market cap of $4.17 trillion, a PE ratio of 17.11, a P/E/G ratio of 1.01 and a beta of 1.21.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, beating the consensus estimate of $2.89 by $6.22. The business had revenue of $119.80 billion for the quarter, compared to analysts’ expectations of $117.07 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. As a group, sell-side analysts forecast that Alphabet Inc. will post 20.54 earnings per share for the current year.

Alphabet Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 14th. Shareholders of record on Monday, September 7th were paid a $0.22 dividend. The ex-dividend date of this dividend was Friday, September 4th. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is currently 4.42%.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Strong cloud and AI momentum: Recent commentary highlights approximately 24% overall revenue growth and an 82% increase in Google Cloud, suggesting that cloud demand and AI monetization may be offsetting concerns about rising capital expenditures. Alphabet’s Cloud Surge and AI Dominance Overshadow Capex Fears
• Positive Sentiment: JPMorgan remains bullish: JPMorgan raised its Alphabet price target to $425 from $420 and maintained an “overweight” rating, implying significant upside from the referenced price. The firm believes Google can withstand fears that generative AI will disrupt Search. JPMorgan Alphabet Price Target
• Positive Sentiment: Waymo expansion: Alphabet’s autonomous-driving unit received approval to participate in Ontario’s automated-vehicle pilot program and is targeting a Toronto robotaxi launch in 2028, expanding a potential long-term growth business. Waymo Toronto Robotaxi Launch
• Positive Sentiment: Additional product and technology catalysts: Google launched its Universal Cart shopping tool in the U.S., while reports of progress in quantum-computing error reduction and a multiyear CNN AI partnership support Alphabet’s efforts to broaden AI-related revenue.
• Neutral Sentiment: Investor attention is elevated: Zacks reported unusually heavy searches for both GOOGL and GOOG, reflecting strong interest but not necessarily a change in fundamentals.
• Negative Sentiment: Capex and profitability concerns: Investors remain concerned that Alphabet’s large data-center and AI investments could pressure free cash flow and take time to generate adequate returns. A reported multibillion-dollar computing arrangement with SpaceX adds to scrutiny of spending discipline.
• Negative Sentiment: Litigation over AI disclosures: Several law firms publicized a securities-fraud class action covering investors who bought shares from May 19 through July 16, 2026. The allegations reportedly involve representations about Gemini 3.5 Pro training results; the repeated notices add headline and potential liability risk, although they do not establish wrongdoing.
• Negative Sentiment: Other risks: Google warned that suspected China-linked hackers could exploit a BeyondTrust software flaw, while political and regulatory uncertainty could affect Search, advertising and the profits funding Alphabet’s AI buildout.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Tigress Financial restated a “strong-buy” rating and set a $485.00 price objective (up from $415.00) on shares of Alphabet in a report on Thursday, September 17th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Alphabet in a research note on Monday, June 22nd. Cantor Fitzgerald reiterated an “overweight” rating and issued a $420.00 target price on shares of Alphabet in a report on Monday, October 12th. Truist Financial set a $420.00 price target on shares of Alphabet and gave the stock a “buy” rating in a research report on Thursday, July 23rd. Finally, Wall Street Zen cut shares of Alphabet from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Five analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $425.04.

Alphabet Profile

Alphabet Inc is a technology and internet services company best known as the parent company of Google. Its primary business, Google Services, includes online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a range of hardware and subscription products.

Alphabet also operates Google Cloud, which provides infrastructure, data analytics, cybersecurity, productivity software, and artificial intelligence services to businesses, governments, and other organizations.