Alphabet Inc. $GOOGL Shares Sold by Cooper Investors PTY Ltd.

Cooper Investors PTY Ltd. trimmed its stake in Alphabet Inc. (NASDAQ:GOOGL) by 22.7% during the third quarter, HoldingsChannel reports. The institutional investor owned 19,758 shares of the information services provider’s stock after selling 5,795 shares during the period. Alphabet accounts for approximately 3.6% of Cooper Investors PTY Ltd.’s portfolio, making the stock its 8th biggest position. Cooper Investors PTY Ltd.’s holdings in Alphabet were worth $6,798,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the stock. Titleist Asset Management LLC boosted its position in Alphabet by 6.4% during the third quarter. Titleist Asset Management LLC now owns 34,613 shares of the information services provider’s stock worth $11,909,000 after purchasing an additional 2,096 shares in the last quarter. PFG Investments LLC grew its holdings in Alphabet by 2.6% in the first quarter. PFG Investments LLC now owns 89,299 shares of the information services provider’s stock valued at $25,679,000 after purchasing an additional 2,269 shares during the last quarter. Elefante Mark B increased its position in shares of Alphabet by 4.5% in the second quarter. Elefante Mark B now owns 43,733 shares of the information services provider’s stock valued at $15,629,000 after buying an additional 1,897 shares in the last quarter. Nwam LLC increased its position in shares of Alphabet by 19.6% in the first quarter. Nwam LLC now owns 49,128 shares of the information services provider’s stock valued at $14,127,000 after buying an additional 8,055 shares in the last quarter. Finally, WCM Investment Management LLC increased its position in shares of Alphabet by 287.4% in the first quarter. WCM Investment Management LLC now owns 3,886 shares of the information services provider’s stock valued at $1,063,000 after buying an additional 2,883 shares in the last quarter. 40.03% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Alphabet

In related news, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the company’s stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $18.90, for a total value of $2,232,808.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Frances Arnold sold 83 shares of the company’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 owned 19,076 shares of the company’s stock, valued at $6,494,424.20. The trade was a 0.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 441,399 shares of company stock worth $8,677,053 over the last quarter. 11.61% of the stock is currently owned by insiders.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google launched Gemini 4 Argon for developers, businesses and paying users, highlighting coding and finance- and law-related knowledge work. The release may strengthen Alphabet’s position in the increasingly competitive AI market and support demand for Google Cloud. Google launches flagship AI model Gemini 4 Argon for developers and businesses
• Positive Sentiment: BNP Paribas raised its Alphabet price target to $450, citing the outlook for Alphabet’s internally designed tensor processing units. Another analyst said the AI-chip business could unlock as much as $100 billion by 2028, adding a potentially significant revenue stream beyond advertising and cloud services. Alphabet target raised to $450 at BNP Paribas
• Positive Sentiment: Investor commentary remains constructive on Alphabet’s rapidly expanding cloud business, large order backlog and AI-related demand. Cantor Fitzgerald also reaffirmed an “overweight” rating with a $420 target, reinforcing the view that the stock’s valuation leaves room for further upside if cloud growth and AI monetization continue.
• Neutral Sentiment: Google Play will let users privately install “vibe-coded” Android applications without publishing them publicly. The feature could increase developer engagement and Android usage, but its near-term financial impact is unclear. Google Play supports private vibe-coded apps
• Negative Sentiment: Several law firms publicized a securities-fraud class action against Alphabet concerning alleged misrepresentations about the progress of the Gemini 3.5 Pro model. The complaints allege training and coding setbacks delayed a planned June launch and contributed to a subsequent stock decline. The lead-plaintiff deadline is generally December 1, 2026; the allegations have not been proven, but the litigation creates legal, reputational and disclosure risks. Alphabet AI issues trigger securities-fraud class action
• Negative Sentiment: Coverage also highlights Alphabet’s heavy AI infrastructure spending and questions whether recent EPS growth fully reflects operating performance. Separately, publisher Reach reported weaker digital revenue because of reduced Google referrals, underscoring potential pressure on parts of Google’s search-driven advertising ecosystem.

Alphabet Trading Up 0.3%

Shares of NASDAQ:GOOGL traded up $1.06 during trading on Tuesday, reaching $353.78. The stock had a trading volume of 23,143,701 shares, compared to its average volume of 30,604,016. The business has a fifty day moving average price of $345.48 and a 200-day moving average price of $349.96. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16. The stock has a market cap of $4.33 trillion, a P/E ratio of 17.77, a PEG ratio of 1.02 and a beta of 1.21. Alphabet Inc. has a fifty-two week low of $240.51 and a fifty-two week high of $408.61.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.89 by $6.22. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The business had revenue of $119.80 billion for the quarter, compared to the consensus estimate of $117.07 billion. As a group, analysts anticipate that Alphabet Inc. will post 20.54 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 14th. Shareholders of record on Monday, September 7th were issued a $0.22 dividend. The ex-dividend date was Friday, September 4th. This represents a $0.88 annualized dividend and a yield of 0.2%. Alphabet’s payout ratio is 4.42%.

Analysts Set New Price Targets

A number of brokerages have issued reports on GOOGL. Tigress Financial restated a “strong-buy” rating and set a $485.00 target price (up from $415.00) on shares of Alphabet in a research report on Thursday, September 17th. Roth Capital reiterated a “buy” rating and issued a $440.00 price target (up from $435.00) on shares of Alphabet in a research report on Thursday, July 23rd. KeyCorp increased their price target on shares of Alphabet from $425.00 to $445.00 and gave the company an “overweight” rating in a research report on Friday, July 10th. DA Davidson set a $350.00 price objective on Alphabet and gave the stock a “neutral” rating in a research report on Thursday, July 23rd. Finally, Piper Sandler upped their target price on Alphabet from $395.00 to $400.00 and gave the company an “overweight” rating in a research note on Monday, September 28th. Five investment analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, Alphabet presently has an average rating of “Buy” and a consensus target price of $425.72.

Alphabet Company Profile

Alphabet Inc is a technology and internet services company best known as the parent company of Google. Its primary business, Google Services, includes online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a range of hardware and subscription products.

Alphabet also operates Google Cloud, which provides infrastructure, data analytics, cybersecurity, productivity software, and artificial intelligence services to businesses, governments, and other organizations.