Alphabet Inc. $GOOG Stock Sold by Edgemoor Investment Advisors Inc.

Edgemoor Investment Advisors Inc. cut its stake in Alphabet Inc. (NASDAQ:GOOG) by 2.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 197,087 shares of the information services provider’s stock after selling 4,879 shares during the period. Alphabet makes up 4.5% of Edgemoor Investment Advisors Inc.’s holdings, making the stock its 6th largest position. Edgemoor Investment Advisors Inc.’s holdings in Alphabet were worth $67,155,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in GOOG. BCS Wealth Management lifted its holdings in shares of Alphabet by 1.4% in the third quarter. BCS Wealth Management now owns 3,416 shares of the information services provider’s stock valued at $1,164,000 after purchasing an additional 47 shares in the last quarter. St. Louis Trust Co acquired a new position in shares of Alphabet during the third quarter worth about $623,000. Means Investment CO. Inc. grew its holdings in shares of Alphabet by 1.4% during the third quarter. Means Investment CO. Inc. now owns 97,658 shares of the information services provider’s stock worth $33,276,000 after buying an additional 1,307 shares in the last quarter. Paragon Advisors LLC bought a new position in shares of Alphabet during the third quarter worth about $348,000. Finally, Elite Wealth Management Inc. grew its holdings in shares of Alphabet by 144.0% during the third quarter. Elite Wealth Management Inc. now owns 28,167 shares of the information services provider’s stock worth $9,598,000 after buying an additional 16,623 shares in the last quarter. Institutional investors own 27.26% of the company’s stock.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google introduced two new versions of its eighth-generation Tensor Processing Units (TPUs), expanding its offerings for large and sensitive AI workloads. Investors may see the chips as a way to strengthen Google Cloud and challenge Nvidia in AI infrastructure. Alphabet stock rises as Google expands AI chip lineup to challenge Nvidia
• Positive Sentiment: Google Cloud selected AMD’s fifth-generation EPYC processors to host its TPU 8tx systems. The deal supports Alphabet’s AI infrastructure plans and shows the potential for partnerships alongside its in-house chips. AMD Stock Rises On Google Cloud Deal, Wall Street Upgrade
• Neutral Sentiment: Several law firms publicized a securities class action concerning Alphabet shares bought between May 19 and July 16, 2026, with lead-plaintiff deadlines around November 30 and December 1. The claims—including alleged misrepresentation of a Gemini model launch timeline—are allegations, and the announcements do not establish wrongdoing. Alphabet Deadline Alert: Levi & Korsinsky
• Negative Sentiment: JPMorgan removed Alphabet from its Analyst Focus List, while retaining an Overweight rating, citing slower AI search monetization and heavy infrastructure spending. Those concerns could weigh on expectations for returns from Alphabet’s substantial AI investment. JPMorgan Just Removed Alphabet From Its Analyst Focus List
• Negative Sentiment: Federal safety regulators opened an investigation into Waymo robotaxis reportedly continuing to pass stopped school buses after a software fix. The probe adds regulatory and reputational risk to Alphabet’s autonomous-driving business. Waymo robotaxis kept illegally passing school buses after software fix, feds say

Insider Activity at Alphabet

In related news, Director Frances Arnold sold 83 shares of the firm’s stock in a transaction on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total value of $28,257.35. Following the completion of the transaction, the director directly owned 19,076 shares of the company’s stock, valued at approximately $6,494,424.20. This trade represents a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last three months, insiders sold 247 shares of company stock valued at $79,238. Corporate insiders own 12.99% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $350.00 price target on shares of Alphabet in a research report on Thursday, October 29th. Royal Bank Of Canada reiterated a “buy” rating and issued a $475.00 price objective on shares of Alphabet in a report on Thursday, July 23rd. Susquehanna reissued a “positive” rating and issued a $400.00 price objective on shares of Alphabet in a research report on Thursday, October 29th. BMO Capital Markets set a $425.00 target price on shares of Alphabet in a report on Thursday, October 29th. Finally, Truist Financial set a $410.00 target price on shares of Alphabet in a research 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 issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $413.38.

Alphabet Stock Performance

Shares of NASDAQ GOOG opened at $286.01 on Tuesday. The stock has a 50 day moving average price of $328.65 and a 200 day moving average price of $336.80. Alphabet Inc. has a 52 week low of $271.41 and a 52 week high of $404.47. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.69 and a current ratio of 2.79. The stock has a market capitalization of $3.50 trillion, a PE ratio of 14.93, a price-to-earnings-growth ratio of 0.87 and a beta of 1.21.

Alphabet (NASDAQ:GOOG) last posted its quarterly earnings results on Thursday, October 29th. 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 the consensus estimate of $127.97 billion. Alphabet had a net margin of 50.03% and a return on equity of 43.33%. The firm’s revenue for the quarter was up 24.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.87 earnings per share. Analysts predict that Alphabet Inc. will post 19.80 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

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

About Alphabet

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.