Alphabet Inc. $GOOG Stock: Migdal Insurance & Financial Holdings Ltd. Lowers Holdings

Migdal Insurance & Financial Holdings Ltd. cut its stake in shares of Alphabet Inc. (NASDAQ:GOOG – Free Report) by 8.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,038,779 shares of the information services provider’s stock after selling 189,997 shares during the period. Alphabet comprises approximately 4.3% of Migdal Insurance & Financial Holdings Ltd.’s investment portfolio, making the stock its 5th biggest position. Migdal Insurance & Financial Holdings Ltd.’s holdings in Alphabet were worth $694,684,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of GOOG. Readystate Asset Management LP bought a new stake in Alphabet during the 2nd quarter worth $45,352,000. Arrowstreet Capital Limited Partnership raised its position in Alphabet by 76.1% in the first quarter. Arrowstreet Capital Limited Partnership now owns 14,581,870 shares of the information services provider’s stock valued at $4,182,952,000 after purchasing an additional 6,300,900 shares during the last quarter. State Street Corp raised its position in Alphabet by 2.8% in the second quarter. State Street Corp now owns 190,923,442 shares of the information services provider’s stock valued at $67,458,980,000 after purchasing an additional 5,208,690 shares during the last quarter. BlackRock Inc. raised its position in 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 purchasing an additional 5,164,200 shares during the last quarter. Finally, Amundi boosted its stake in shares of Alphabet by 22.9% during the first quarter. Amundi now owns 21,922,379 shares of the information services provider’s stock valued at $6,288,654,000 after purchasing an additional 4,083,758 shares in the last quarter. 27.26% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Evercore restated an “outperform” rating and set a $435.00 price target on shares of Alphabet in a report on Thursday, October 29th. Pivotal Research reaffirmed a “buy” rating and issued a $475.00 price objective on shares of Alphabet in a research note on Thursday, October 29th. Stifel Nicolaus set a $485.00 price objective on shares of Alphabet in a report on Thursday, October 8th. Cantor Fitzgerald reiterated an “overweight” rating and set a $350.00 target price on shares of Alphabet in a research report on Thursday, October 29th. Finally, Piper Sandler reissued an “overweight” rating and set a $345.00 target price on shares of Alphabet in a report on Thursday, October 29th. Six equities research analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $413.38.

Read Our Latest Report on Alphabet

Recent Alphabet Headlines

Here are a few of the latest headlines about GOOG:

  • Neutral Sentiment: Google and Samsung are opening preorders for AI smart glasses. The launch extends Google’s AI ecosystem, but its near-term revenue impact is unclear and privacy concerns remain. Article
  • Negative Sentiment: A securities class action alleges Alphabet misled investors about Gemini development and disclosures during May–July 2026. The allegations have not been proven, but the case adds legal and reputational uncertainty; the lead-plaintiff deadline is December 1. Article
  • Negative Sentiment: Alphabet’s planned AI infrastructure spending—reported at up to $205 billion this year—could weigh on returns if growth does not justify the cost. A separate lawsuit seeking to halt frontier-AI development also adds regulatory uncertainty. Article

Alphabet Trading Down 1.0%

NASDAQ:GOOG traded down $2.83 during trading hours on Friday, hitting $292.52. 18,439,258 shares of the company were exchanged, compared to its average volume of 26,699,732. The stock has a market capitalization of $3.60 trillion, a price-to-earnings ratio of 15.27, a price-to-earnings-growth ratio of 0.90 and a beta of 1.21. The company has a current ratio of 2.79, a quick ratio of 2.69 and a debt-to-equity ratio of 0.19. Alphabet Inc. has a one year low of $271.41 and a one year high of $404.47. The company has a fifty day simple moving average of $325.11 and a 200 day simple moving average of $335.97.

Alphabet (NASDAQ:GOOG – Get Free Report) last announced its earnings results 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). 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 analyst estimates of $127.97 billion. During the same period in the previous year, the firm posted $2.87 earnings per share. The firm’s quarterly revenue was up 24.7% compared to the same quarter last year. Sell-side analysts expect that Alphabet Inc. will post 19.74 EPS for the current fiscal year.

Alphabet Announces Dividend

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. The ex-dividend date of this dividend is Monday, December 7th. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. Alphabet’s dividend payout ratio is presently 4.59%.

Insider Activity

In other news, Director Frances Arnold sold 83 shares of the firm’s stock in a transaction dated Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total transaction of $28,257.35. Following the completion of 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 through the SEC website. Insiders sold 247 shares of company stock worth $79,238 in the last ninety days. 12.99% of the stock is owned by company insiders.

About Alphabet

(Free Report)

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.

See Also

Want to see what other hedge funds are holding GOOG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alphabet Inc. (NASDAQ:GOOG – Free Report).

Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOG)

Receive News & Ratings for Alphabet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alphabet and related companies with MarketBeat.com's FREE daily email newsletter.