15,840 Alphabet Inc. $GOOG Shares Sold by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al lowered its holdings in Alphabet Inc. (NASDAQ:GOOG) by 1.6% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,005,460 shares of the information services provider’s stock after selling 15,840 shares during the period. Alphabet comprises 2.1% of VIRGINIA RETIREMENT SYSTEMS ET Al’s portfolio, making the stock its 6th largest position. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Alphabet were worth $342,600,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the business. Parcion Private Wealth LLC raised its stake in shares of Alphabet by 2.2% in the 3rd quarter. Parcion Private Wealth LLC now owns 25,444 shares of the information services provider’s stock valued at $8,670,000 after purchasing an additional 557 shares in the last quarter. Partners Wealth Management LLC bought a new position in shares of Alphabet during the third quarter worth about $8,068,000. SS&H Financial Advisors Inc. grew its stake in Alphabet by 5.4% in the third quarter. SS&H Financial Advisors Inc. now owns 29,120 shares of the information services provider’s stock worth $9,922,000 after purchasing an additional 1,500 shares in the last quarter. Founders Financial Securities LLC grew its stake in Alphabet by 31.5% in the third quarter. Founders Financial Securities LLC now owns 4,192 shares of the information services provider’s stock worth $1,429,000 after purchasing an additional 1,003 shares in the last quarter. Finally, Kelsey Financial LLC grew its stake in Alphabet by 3.7% in the third quarter. Kelsey Financial LLC now owns 990 shares of the information services provider’s stock worth $337,000 after purchasing an additional 35 shares in the last quarter. Institutional investors and hedge funds own 27.26% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have issued reports on GOOG. Citizens Jmp cut Alphabet from a “mkt outperform” rating to a “market perform” rating in a research note on Thursday, October 29th. Morgan Stanley reiterated an “overweight” rating and issued a $375.00 target price on shares of Alphabet in a research report on Thursday. Freedom Capital upgraded Alphabet from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 23rd. Canaccord Genuity Group set a $450.00 price target on Alphabet in a report on Thursday, July 23rd. Finally, Phillip Securities raised Alphabet from a “moderate buy” rating to a “strong-buy” rating and dropped their price target for the company from $450.00 to $425.00 in a research report on Monday, July 27th. 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 stock has a consensus rating of “Moderate Buy” and an average price target of $413.38.

Key Headlines Impacting Alphabet

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 Price Performance

Shares of NASDAQ:GOOG opened at $278.04 on Tuesday. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a fifty-two week low of $271.41 and a fifty-two week high of $404.47. The firm has a 50-day simple moving average of $334.45 and a 200 day simple moving average of $337.96. The company has a market cap of $3.40 trillion, a PE ratio of 14.51, a P/E/G ratio of 0.92 and a beta of 1.19.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings data on Wednesday, October 28th. The information services provider reported $2.12 earnings per share for the quarter, missing the consensus estimate of $3.01 by ($0.89). Alphabet had a return on equity of 46.63% and a net margin of 50.03%. The business had revenue of $127.58 billion for the quarter, compared to analyst estimates of $127.97 billion. During the same quarter last year, the company earned $2.87 EPS. Alphabet’s revenue was up 24.7% compared to the same quarter last year. On average, sell-side analysts anticipate that Alphabet Inc. will post 19.99 EPS for the current year.

Alphabet Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 14th. Stockholders of record on Monday, December 7th will be issued a dividend of $0.22 per share. 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 4.59%.

Insider Buying and Selling at Alphabet

In other news, Director Frances Arnold sold 83 shares of the stock in a transaction that occurred on Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total transaction of $28,257.35. Following the sale, the director directly owned 19,076 shares in the company, valued at approximately $6,494,424.20. This represents a 0.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last 90 days, insiders sold 247 shares of company stock worth $79,238. 12.99% of the stock is currently owned by corporate insiders.

Alphabet 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.