Alphabet Inc. $GOOG Shares Sold by Weaver Capital Management LLC

Weaver Capital Management LLC lowered its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 26.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,286 shares of the information services provider’s stock after selling 4,102 shares during the quarter. Weaver Capital Management LLC’s holdings in Alphabet were worth $3,846,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Readystate Asset Management LP purchased a new stake in Alphabet in the second quarter worth $45,352,000. BlackRock Inc. lifted its position in shares of Alphabet by 1.4% during the second quarter. BlackRock Inc. now owns 369,922,502 shares of the information services provider’s stock worth $130,704,718,000 after purchasing an additional 5,164,200 shares during the last quarter. State Street Corp boosted its stake in shares of Alphabet by 2.8% during 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 period. Auto Owners Insurance Co boosted its stake in shares of Alphabet by 38,409.2% during the fourth quarter. Auto Owners Insurance Co now owns 179,836,276 shares of the information services provider’s stock valued at $5,643,262,000 after purchasing an additional 179,369,280 shares during the period. Finally, Invesco Ltd. boosted its stake in shares of Alphabet by 2.4% during the fourth quarter. Invesco Ltd. now owns 22,048,456 shares of the information services provider’s stock valued at $6,918,805,000 after purchasing an additional 517,108 shares during the period. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Analyst Upgrades and Downgrades

GOOG has been the topic of a number of research analyst reports. Phillip Securities upgraded shares of Alphabet from a “moderate buy” rating to a “strong-buy” rating and cut their price target for the stock from $450.00 to $425.00 in a report on Monday, July 27th. Piper Sandler lifted their price objective on shares of Alphabet from $395.00 to $400.00 and gave the company an “overweight” rating in a report on Monday, September 28th. Sanford C. Bernstein lowered their price objective on shares of Alphabet from $390.00 to $385.00 and set a “market perform” rating for the company in a research report on Thursday, July 23rd. UBS Group reissued a “neutral” rating and issued a $380.00 price objective (up from $379.00) on shares of Alphabet in a research report on Wednesday. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Alphabet in a research note on Thursday. Six equities research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $422.10.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: AI-chip opportunity: Evercore ISI raised its Alphabet estimates, arguing that the company could sell its internally developed tensor processing units (TPUs) to cloud customers. AI-chip revenue could become a meaningful contributor to Google Cloud, supporting growth and improving the return on Alphabet’s substantial infrastructure investments. Evercore raises Alphabet estimates on potential TPU hardware sales
• Positive Sentiment: Quantum-computing breakthrough: Google reported a technique that reduces quantum-computing errors by roughly 40 times. Although commercialization remains uncertain, the development reinforces Alphabet’s long-term technology leadership and could support investor enthusiasm around its research portfolio. Google demonstrates new quantum computer breakthrough
• Positive Sentiment: Expansion of growth businesses: Waymo received approval to participate in Ontario’s automated-vehicle pilot program and is targeting a Toronto robotaxi launch in 2028. Alphabet also reached a multiyear AI-content agreement with CNN, potentially strengthening its AI products and training resources. Google’s Waymo plans first Canada robotaxi service in Toronto in 2028
• Neutral Sentiment: Analyst support remains favorable: JPMorgan raised its Alphabet target to $425 and maintained an overweight rating, while recent commentary continues to emphasize strong cloud and AI growth. However, investors remain focused on whether large capital expenditures can generate sufficient future returns.
• Negative Sentiment: Macro pressure: A hotter-than-expected producer-price report reduced expectations for near-term Federal Reserve rate cuts. Higher-for-longer rates typically weigh on high-growth technology valuations, contributing to weakness across major technology shares, including Alphabet.
• Negative Sentiment: Legal overhang: Multiple law firms publicized a securities class action involving investors who held Alphabet shares between May 19 and July 16, 2026, citing alleged securities-law violations related to disclosures about Gemini AI performance. The repeated deadline reminders may add short-term sentiment pressure, although the ultimate financial impact remains uncertain. Kaplan Fox Alphabet class action reminder

Alphabet Stock Down 2.3%

NASDAQ GOOG traded down $8.00 on Friday, reaching $336.91. 16,939,110 shares of the stock traded hands, compared to its average volume of 17,087,756. Alphabet Inc. has a 12 month low of $244.67 and a 12 month high of $404.47. The company has a market cap of $4.12 trillion, a price-to-earnings ratio of 16.92, a PEG ratio of 1.00 and a beta of 1.19. The company has a fifty day moving average price of $341.08 and a 200-day moving average price of $348.80. 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 (NASDAQ:GOOG) last posted its quarterly earnings results on Thursday, July 23rd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.87 by $6.24. The business had revenue of $119.80 billion for the quarter, compared to the consensus estimate of $116.53 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. The business’s revenue was up 24.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.31 EPS. As a group, research analysts forecast that Alphabet Inc. will post 20.54 EPS for the current fiscal year.

Alphabet Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 14th. Investors 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 dividend on an annualized basis and a yield of 0.3%. Alphabet’s dividend payout ratio is 4.42%.

Insider Buying and Selling

In other Alphabet news, Director Frances Arnold sold 83 shares of the stock in a transaction dated 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 represents a 0.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the firm’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $18.90, for a total transaction of $2,232,808.20. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 420,865 shares of company stock valued at $8,293,477 over the last three months. 12.99% of the stock is owned by company insiders.

Alphabet Company Profile

Alphabet Inc is a technology holding company best known as the parent company of Google. Established in 2015 through a corporate restructuring, Alphabet oversees Google and a collection of businesses focused on technology, innovation and emerging industries. Sundar Pichai serves as Alphabet’s chief executive officer and also leads Google.

Google is Alphabet’s primary business and operates an internet ecosystem that includes Google Search, online advertising, YouTube, Android, Chrome, Google Maps, Google Play and Google Photos.