Alphabet Inc. $GOOG Position Trimmed by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al lessened its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 1.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,005,460 shares of the information services provider’s stock after selling 15,840 shares during the period. Alphabet makes up 2.1% of VIRGINIA RETIREMENT SYSTEMS ET Al’s portfolio, making the stock its 6th biggest position. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Alphabet were worth $342,600,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Morton Brown Family Wealth LLC lifted its stake in shares of Alphabet by 135.5% in the 3rd quarter. Morton Brown Family Wealth LLC now owns 73 shares of the information services provider’s stock valued at $25,000 after purchasing an additional 42 shares in the last quarter. Castlekeep Investment Advisors LLC acquired a new stake in Alphabet during the 2nd quarter worth approximately $29,000. Livelsberger Financial Advisory acquired a new stake in Alphabet during the 3rd quarter worth approximately $37,000. Timbuktu Capital Management LLC acquired a new stake in Alphabet during the 2nd quarter worth approximately $46,000. Finally, Robinswood Financial LLC acquired a new stake in Alphabet during the 1st quarter worth approximately $57,000. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Alphabet

In other news, Director Frances Arnold sold 83 shares of the business’s stock in a transaction 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 of the company’s stock, valued at approximately $6,494,424.20. The trade was a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have sold 247 shares of company stock worth $79,238 over the last 90 days. Insiders own 12.99% of the company’s stock.

Wall Street Analyst Weigh In

GOOG has been the topic of a number of recent research reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Alphabet in a research report on Thursday, October 15th. Rosenblatt Securities began coverage on shares of Alphabet in a research note on Thursday, August 20th. They set a “buy” rating for the company. Piper Sandler reissued an “overweight” rating and issued a $345.00 price objective on shares of Alphabet in a research report on Thursday. Moffett Nathanson cut their target price on shares of Alphabet from $380.00 to $370.00 and set a “buy” rating on the stock in a research note on Wednesday, September 16th. Finally, The Goldman Sachs Group cut their target price on shares of Alphabet from $440.00 to $435.00 and set a “buy” rating on the stock in a research note on Thursday, July 23rd. Six 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 issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $413.38.

Alphabet Stock Performance

Shares of NASDAQ:GOOG opened at $278.04 on Tuesday. The business’s 50-day simple moving average is $334.45 and its 200 day simple moving average is $337.96. The company has a market cap of $3.40 trillion, a P/E ratio of 14.51, a PEG ratio of 0.92 and a beta of 1.19. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. Alphabet Inc. has a one year low of $271.41 and a one year high of $404.47.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings results on Wednesday, October 28th. The information services provider reported $2.12 earnings per share for the quarter, missing analysts’ consensus estimates of $3.01 by ($0.89). The company had revenue of $127.58 billion during the quarter, compared to analysts’ expectations of $127.97 billion. Alphabet had a return on equity of 46.63% and a net margin of 50.03%. The firm’s revenue was up 24.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.87 EPS. On average, sell-side analysts forecast that Alphabet Inc. will post 19.99 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. Stockholders 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 dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, December 7th. Alphabet’s payout ratio is presently 4.59%.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud and AI demand remain major growth drivers. Google Cloud revenue reportedly nearly doubled year over year to approximately $30.7 billion, while its backlog reached about $561 billion. Analysts also point to accelerating cloud usage, potential external TPU sales and future Gemini monetization as evidence that Alphabet’s AI investments could create new revenue streams. Alphabet: Cloud Acceleration And TPU Sales Hedge Against Search Cannibalization
• Positive Sentiment: Alphabet is raising capital to fund infrastructure expansion. The company launched a roughly €6 billion ($6.7 billion) European bond offering, reportedly attracting orders well above the amount offered. Strong demand from debt investors may signal confidence in Alphabet’s balance sheet and long-term AI strategy, although it also confirms that the build-out will require substantial financing. Alphabet kicks off €6 billion bond sale
• Positive Sentiment: Some investors view the sell-off as a valuation opportunity. At roughly 14.5 times earnings, Alphabet is considered inexpensive relative to its historical valuation by several commentators, who believe cloud growth and AI infrastructure demand can eventually offset pressure on traditional search. Preliminary discussions involving Alphabet-related technology and a potential U.S. defense initiative could provide another long-term enterprise revenue channel, but no final contract has been announced. Alphabet Plummets After Earnings
• Neutral Sentiment: Investor attention is increasingly focused on Alphabet’s changing business mix. Search now accounts for less than half of revenue, while cloud and other businesses are expanding. This diversification could reduce dependence on advertising over time, but investors still need evidence that newer AI products can achieve the margins and monetization rates of traditional search. What’s Going on with Alphabet Stock?
• Negative Sentiment: High AI spending is creating immediate financial pressure. Alphabet missed quarterly EPS expectations, search growth slowed to roughly 12%, and capital spending pushed free cash flow negative by approximately $9.1 billion for a second consecutive quarter. Investors fear AI-generated answers may produce less advertising revenue than conventional search while requiring billions in additional data-center investment. Alphabet’s Google spending derails major shareholder perk
• Negative Sentiment: Multiple securities-law firms are publicizing a shareholder class action. The lawsuit concerns investors who purchased Alphabet securities between May 19 and July 16, 2026, with lead-plaintiff deadlines in late November or December. The notices are primarily legal solicitations, but they add reputational and headline risk. Rosen Alphabet securities class action notice

Alphabet Company Profile

Alphabet Inc is a technology holding company best known as the parent organization of Google. Founded in 2015 through a corporate restructuring, Alphabet oversees Google and a collection of businesses focused on technology, online services, communications, artificial intelligence, and other emerging areas.

Google’s principal products and services include its internet search engine, digital advertising platforms, YouTube, Android, Chrome, Google Maps, Google Play, and Google Workspace. The company also provides cloud computing, data storage, cybersecurity, productivity, and artificial intelligence services through Google Cloud.