OFI Invest Asset Management Has $16.74 Million Position in Alphabet Inc. $GOOG

OFI Invest Asset Management cut its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 26.7% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 68,749 shares of the information services provider’s stock after selling 24,994 shares during the quarter. OFI Invest Asset Management’s holdings in Alphabet were worth $16,744,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in shares of Alphabet by 1.3% in the second quarter. Vanguard Group Inc. now owns 416,753,033 shares of the information services provider’s stock worth $73,927,821,000 after purchasing an additional 5,182,111 shares in the last quarter. State Street Corp increased its stake in Alphabet by 1.3% in the 2nd quarter. State Street Corp now owns 188,914,125 shares of the information services provider’s stock valued at $33,511,477,000 after buying an additional 2,428,266 shares during the last quarter. Kingstone Capital Partners Texas LLC lifted its position in Alphabet by 580,897.4% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 135,087,705 shares of the information services provider’s stock worth $23,963,208,000 after buying an additional 135,064,454 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Alphabet by 0.4% during the 2nd quarter. Geode Capital Management LLC now owns 107,760,033 shares of the information services provider’s stock worth $19,022,926,000 after buying an additional 441,177 shares during the last quarter. Finally, Sanders Capital LLC grew its holdings in shares of Alphabet by 6.4% in the 2nd quarter. Sanders Capital LLC now owns 35,357,943 shares of the information services provider’s stock valued at $6,272,146,000 after acquiring an additional 2,117,990 shares in the last quarter. Institutional investors own 27.26% of the company’s stock.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet agreed to buy Intersect Power for roughly $4.75B to secure clean energy and data‑center build capacity — a strategic, near‑term solution to power constraints for AI workloads that supports faster cloud/AI deployments and reduces execution risk on capacity. Intersect acquisition
• Positive Sentiment: Google Cloud momentum: analysts and reports point to strong enterprise AI demand, a large backlog (~$155B reported) and major security deals (multi‑year Palo Alto tie‑ups) that underpin durable revenue and margin upside for the cloud business. Google Cloud outlook
• Neutral Sentiment: Market/analyst positioning: several firms reiterated or raised targets and ratings (BMO, Citi, others), and MarketBeat frames the recent pullback as consolidation not trend breakdown — supports longer‑term investor conviction but is less likely to trigger sharp moves absent new fundamentals. Analyst sentiment & pullback
• Neutral Sentiment: Nvidia licensed Groq tech and hired Groq engineers — important for AI chip competition and infra dynamics but only an indirect/medium‑term factor for Alphabet (affects cloud GPU/TPU competitive landscape). Nvidia-Groq deal
• Negative Sentiment: Waymo operational issue: a San Francisco power outage stalled robotaxis, prompting fleetwide software updates and a regulator review — a reputational and regulatory risk that could slow commercialization timelines or invite oversight. Waymo outage & response
• Negative Sentiment: Short interest has risen materially in December (roughly +34.8% from late November to ~56.15M shares as of Dec. 15), which increases downside pressure and could amplify volatility on negative headlines or weak tape days.
• Negative Sentiment: Legal risk: a high‑profile suit alleges unlawful use of copyrighted material to train AI models (plaintiff includes NYT reporter John Carreyrou) — a sector‑wide legal exposure that could produce litigation costs or constraints on model training practices. NYT reporter lawsuit

Analyst Ratings Changes

Several analysts recently issued reports on GOOG shares. Robert W. Baird upped their target price on Alphabet from $215.00 to $275.00 and gave the stock an “outperform” rating in a report on Monday, September 22nd. Cowen reaffirmed a “buy” rating on shares of Alphabet in a research report on Friday, December 12th. Loop Capital raised Alphabet from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 18th. DA Davidson set a $300.00 target price on shares of Alphabet in a research note on Tuesday, November 25th. Finally, BNP Paribas initiated coverage on shares of Alphabet in a research report on Monday, November 24th. They set an “outperform” rating on the stock. Seven investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, three have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Alphabet has a consensus rating of “Buy” and a consensus target price of $313.04.

Insider Buying and Selling at Alphabet

In other news, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $250.15, for a total transaction of $8,129,875.00. Following the transaction, the chief executive officer owned 2,369,619 shares in the company, valued at approximately $592,760,192.85. This trade represents a 1.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider John Kent Walker sold 17,816 shares of Alphabet stock in a transaction that occurred on Monday, September 29th. The stock was sold at an average price of $247.42, for a total value of $4,408,034.72. Following the sale, the insider directly owned 42,985 shares of the company’s stock, valued at approximately $10,635,348.70. The trade was a 29.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 228,906 shares of company stock valued at $63,984,117 in the last three months. 12.99% of the stock is currently owned by company insiders.

Alphabet Stock Down 0.1%

GOOG stock opened at $315.47 on Thursday. Alphabet Inc. has a 1-year low of $142.66 and a 1-year high of $328.67. The business’s 50 day simple moving average is $293.83 and its 200 day simple moving average is $238.02. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06. The firm has a market capitalization of $3.81 trillion, a PE ratio of 31.11, a PEG ratio of 1.82 and a beta of 1.07.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings data on Thursday, October 30th. The information services provider reported $2.87 EPS for the quarter, topping analysts’ consensus estimates of $2.29 by $0.58. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. The firm had revenue of $102.35 billion during the quarter, compared to analysts’ expectations of $99.90 billion. During the same period in the previous year, the business posted $2.12 earnings per share. The company’s revenue for the quarter was up 15.9% compared to the same quarter last year. As a group, research analysts anticipate that Alphabet Inc. will post 8.89 EPS for the current year.

Alphabet Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 8th were paid a $0.21 dividend. The ex-dividend date was Monday, December 8th. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. Alphabet’s dividend payout ratio is 8.28%.

Alphabet Profile

Alphabet Inc (NASDAQ: GOOG) is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as “Other Bets.” Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company’s history.

Alphabet’s core business centers on internet search and advertising, with Google Search and the company’s ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.