Alphabet Inc. $GOOG Shares Sold by Confluence Wealth Services Inc.

Confluence Wealth Services Inc. cut its position in Alphabet Inc. (NASDAQ:GOOG) by 5.8% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 32,599 shares of the information services provider’s stock after selling 1,998 shares during the quarter. Confluence Wealth Services Inc.’s holdings in Alphabet were worth $11,108,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Moneco Advisors LLC boosted its holdings in Alphabet by 1.5% in the 3rd quarter. Moneco Advisors LLC now owns 28,584 shares of the information services provider’s stock valued at $9,740,000 after purchasing an additional 425 shares during the period. Cornerstone Wealth Management LLC increased its holdings in shares of Alphabet by 8.1% in the third quarter. Cornerstone Wealth Management LLC now owns 35,143 shares of the information services provider’s stock worth $11,974,000 after purchasing an additional 2,637 shares during the period. MKP Capital Management L.L.C. bought a new position in shares of Alphabet in the third quarter worth $62,015,000. Triton Wealth Management PLLC increased its holdings in shares of Alphabet by 13.8% in the third quarter. Triton Wealth Management PLLC now owns 12,836 shares of the information services provider’s stock worth $4,374,000 after purchasing an additional 1,559 shares during the period. Finally, Csenge Advisory Group raised its position in shares of Alphabet by 2.6% in the third quarter. Csenge Advisory Group now owns 13,926 shares of the information services provider’s stock worth $4,745,000 after buying an additional 348 shares in the last quarter. 27.26% of the stock is currently owned by hedge funds and other institutional investors.

Alphabet Price Performance

GOOG opened at $290.63 on Thursday. The stock has a 50-day moving average price of $326.81 and a 200-day moving average price of $336.38. 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 stock has a market capitalization of $3.57 trillion, a P/E ratio of 15.17, a PEG ratio of 0.86 and a beta of 1.21.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings data on Thursday, October 29th. The information services provider reported $2.12 EPS for the quarter, missing the consensus estimate of $3.01 by ($0.89). The firm had revenue of $127.58 billion for the quarter, compared to the consensus estimate of $127.97 billion. Alphabet had a net margin of 50.03% and a return on equity of 43.33%. Alphabet’s revenue for the quarter was up 24.7% compared to the same quarter last year. During the same quarter last year, the company posted $2.87 earnings per share. Equities analysts predict that Alphabet Inc. will post 19.74 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 14th. Shareholders of record on Monday, December 7th will be paid a $0.22 dividend. The ex-dividend date of this dividend is Monday, December 7th. This represents a $0.88 annualized dividend and a yield of 0.3%. Alphabet’s dividend payout ratio is currently 4.59%.

Insider Buying and Selling

In other Alphabet news, Director Frances Arnold sold 83 shares of the stock in a transaction that occurred 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 transaction, the director directly owned 19,076 shares in the company, valued at $6,494,424.20. This trade represents a 0.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have sold 247 shares of company stock worth $79,238 in the last quarter. 12.99% of the stock is owned by company insiders.

Key Alphabet News

These are some of the GOOG news items that stood out recently:

• Positive Sentiment: Alphabet introduced AlphaGenome 2, an AI model reported to identify nearly twice as many disease-linked DNA changes, adding to its AI research and life-sciences applications. Article: Google’s New AI Model Can Identify Nearly Twice as Many DNA Changes Linked to Disease
• Neutral Sentiment: Alphabet is exploring up to $3 billion in its first Hong Kong- and Singapore-dollar bond offerings. The financing could diversify funding sources, though it adds debt obligations. Article: Alphabet explores first Hong Kong and Singapore dollar bond sales
• Negative Sentiment: Several law firms publicized an existing securities class action against Alphabet, alleging investor harm during May 19–July 16, 2026, with a December 1 lead-plaintiff deadline. The notices add reputational and potential legal risk; they cite claims involving Gemini 3.5 Pro delays and alleged disclosure failures, which remain allegations. Article: Kaplan Fox reminds Alphabet investors of securities class action deadline

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on GOOG. Evercore reissued an “outperform” rating and set a $435.00 price objective on shares of Alphabet in a research note on Thursday, October 29th. TD Cowen reaffirmed a “buy” rating and issued a $460.00 price target (down from $485.00) on shares of Alphabet in a report on Thursday, October 29th. Freedom Capital upgraded Alphabet from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 23rd. Moffett Nathanson cut their price objective on Alphabet from $380.00 to $370.00 and set a “buy” rating for the company in a report on Wednesday, September 16th. Finally, DZ Bank raised Alphabet from a “buy” rating to a “strong-buy” rating in a report on Thursday, July 23rd. Six research analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $413.38.

Alphabet 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.