Alphabet Inc. $GOOGL Stock Position Lessened by Traynor Capital Management Inc.

Traynor Capital Management Inc. reduced its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 4.4% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 463,409 shares of the information services provider’s stock after selling 21,576 shares during the quarter. Alphabet makes up about 7.4% of Traynor Capital Management Inc.’s holdings, making the stock its 4th biggest holding. Traynor Capital Management Inc.’s holdings in Alphabet were worth $159,450,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of GOOGL. Dala Group LLC increased its position in Alphabet by 2,247.6% during the 3rd quarter. Dala Group LLC now owns 27,349 shares of the information services provider’s stock valued at $9,410,000 after purchasing an additional 26,184 shares during the period. Boit C F David boosted its position in Alphabet by 0.3% during the 3rd quarter. Boit C F David now owns 38,422 shares of the information services provider’s stock valued at $13,220,000 after acquiring an additional 100 shares in the last quarter. Virtue Capital Management LLC boosted its position in Alphabet by 7.2% during the 3rd quarter. Virtue Capital Management LLC now owns 17,259 shares of the information services provider’s stock valued at $5,939,000 after acquiring an additional 1,152 shares in the last quarter. Corecam AG purchased a new position in shares of Alphabet during the 3rd quarter worth approximately $1,622,000. Finally, Bell Investment Advisors Inc raised its position in shares of Alphabet by 5.0% in the 3rd quarter. Bell Investment Advisors Inc now owns 10,821 shares of the information services provider’s stock worth $3,723,000 after acquiring an additional 514 shares in the last quarter. Hedge funds and other institutional investors own 40.03% of the company’s stock.

More 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, broadening its AI-chip offerings and sharpening its challenge to Nvidia. Investors may see custom chips as a way to support Google Cloud growth and reduce reliance on outside suppliers. Alphabet stock rises as Google expands AI chip lineup to challenge Nvidia
• Neutral Sentiment: JPMorgan removed Alphabet from its Analyst Focus List but maintained an Overweight rating. The firm cited slower AI-search monetization and substantial infrastructure spending, highlighting execution risks without changing its overall positive rating. JPMorgan Just Removed Alphabet From Its Analyst Focus List
• Negative Sentiment: Federal safety regulators opened a new investigation into Waymo after reports that its robotaxis continued to pass stopped school buses despite a prior software fix. The probe could bring regulatory, reputational or operational costs for Alphabet’s autonomous-driving business. Waymo robotaxis kept illegally passing school buses after software fix, feds say
• Negative Sentiment: Several law firms publicized an existing securities class action concerning Alphabet investors who bought shares from May 19 to July 16, 2026. The lawsuit alleges investors were misled about the Gemini 3.5 Pro launch timeline; the lead-plaintiff deadlines are November 30 or December 1. Repeated notices may add legal overhang, though they are not new court findings. Alphabet Deadline Alert: Levi & Korsinsky Reminds Investors of Securities Class Action Deadline

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on GOOGL shares. The Goldman Sachs Group restated a “buy” rating and set a $385.00 price target on shares of Alphabet in a research report on Thursday, October 29th. Roth Capital reiterated a “buy” rating and issued a $440.00 price target (up from $435.00) on shares of Alphabet in a research note on Thursday, July 23rd. Wedbush lowered their price target on shares of Alphabet from $445.00 to $387.00 and set an “outperform” rating for the company in a research report on Thursday, October 29th. Piper Sandler set a $345.00 price objective on shares of Alphabet and gave the stock an “overweight” rating in a report on Thursday, October 29th. Finally, Pivotal Research reaffirmed a “buy” rating and set a $475.00 target price (up from $470.00) on shares of Alphabet in a research note on Thursday, July 23rd. Five analysts have rated the stock with a Strong Buy rating, forty-five have issued a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Alphabet currently has a consensus rating of “Buy” and an average price target of $412.51.

Insiders Place Their Bets

In other Alphabet news, Director Frances Arnold sold 83 shares of Alphabet stock in a transaction that occurred 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 sale, the director 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 position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders have sold a total of 247 shares of company stock worth $79,238 in the last 90 days. 11.61% of the stock is owned by corporate insiders.

Alphabet Price Performance

Shares of GOOGL opened at $288.15 on Tuesday. Alphabet Inc. has a twelve month low of $270.70 and a twelve month high of $408.61. The company has a market capitalization of $3.52 trillion, a P/E ratio of 15.04, a price-to-earnings-growth ratio of 0.87 and a beta of 1.23. The firm has a 50 day moving average of $331.76 and a 200 day moving average of $338.77. The company has a quick ratio of 2.69, a current ratio of 2.79 and a debt-to-equity ratio of 0.19.

Alphabet (NASDAQ:GOOGL) last posted its earnings results on Wednesday, October 28th. The information services provider reported $2.12 EPS for the quarter, missing analysts’ consensus estimates of $3.02 by ($0.90). Alphabet had a return on equity of 43.33% and a net margin of 50.03%. The business had revenue of $127.58 billion during the quarter, compared to the consensus estimate of $127.96 billion. As a group, equities research analysts anticipate that Alphabet Inc. will post 19.86 earnings per share for the current fiscal year.

Alphabet Announces Dividend

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

Alphabet Profile

Alphabet Inc is a technology holding company whose largest business is Google. Founded in 1998 by Larry Page and Sergey Brin, Google became part of Alphabet when the company reorganized its businesses under the holding-company structure in 2015.

Google’s products and services include Search, YouTube, Android, Chrome, Google Maps, Google Play and Google Cloud. The company also generates revenue from digital advertising and offers devices, subscriptions and artificial intelligence products and services.

Alphabet serves consumers, businesses and organizations around the world.