Alphabet Inc. $GOOGL Shares Sold by International Assets Investment Management LLC

Posted by Francis Steltz on Nov 8th, 2026

International Assets Investment Management LLC decreased its position in Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 5.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 57,102 shares of the information services provider’s stock after selling 3,361 shares during the period. International Assets Investment Management LLC’s holdings in Alphabet were worth $19,648,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in GOOGL. Prosperitas Financial LLC boosted its position in shares of Alphabet by 4.1% in the 3rd quarter. Prosperitas Financial LLC now owns 42,826 shares of the information services provider’s stock worth $14,736,000 after purchasing an additional 1,689 shares during the last quarter. Gray Private Wealth LLC grew its stake in shares of Alphabet by 8.7% during the third quarter. Gray Private Wealth LLC now owns 2,129 shares of the information services provider’s stock worth $732,000 after purchasing an additional 171 shares during the period. Payden & Rygel increased its holdings in Alphabet by 0.8% in the third quarter. Payden & Rygel now owns 106,273 shares of the information services provider’s stock valued at $36,566,000 after purchasing an additional 873 shares during the last quarter. Lebenthal Global Advisors LLC increased its holdings in Alphabet by 2.0% in the third quarter. Lebenthal Global Advisors LLC now owns 17,545 shares of the information services provider’s stock valued at $6,037,000 after purchasing an additional 340 shares during the last quarter. Finally, Canopy Partners LLC increased its holdings in Alphabet by 2.1% in the third quarter. Canopy Partners LLC now owns 35,103 shares of the information services provider’s stock valued at $12,078,000 after purchasing an additional 706 shares during the last quarter. Institutional investors own 40.03% of the company’s stock.

Wall Street Analyst Weigh In

GOOGL has been the topic of several analyst reports. Citigroup cut their target price on Alphabet from $447.00 to $375.00 and set a “buy” rating on the stock in a research note on Friday, October 30th. Phillip Securities upgraded Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research report on Monday, July 27th. BMO Capital Markets restated an “outperform” rating and set a $480.00 target price (up from $465.00) on shares of Alphabet in a research report on Tuesday, October 20th. Piper Sandler set a $345.00 price target on Alphabet and gave the company an “overweight” rating in a research note on Thursday, October 29th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Alphabet in a research report on Thursday, October 15th. Five research analysts have rated the stock with a Strong Buy rating, forty-five have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $412.51.

View Our Latest Analysis on GOOGL

Insider Buying and Selling

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 transaction, 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In the last 90 days, insiders have sold 247 shares of company stock worth $79,238. Company insiders own 11.61% of the company’s stock.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

Positive Sentiment: Google is acquiring a Wyoming data-center site from Crusoe as it expands capacity for AI workloads. The purchase supports Alphabet’s push to secure infrastructure it might otherwise lease; a broader Wyoming project has been reported at about $17 billion, with Google saying it will cover the facility’s power costs. Reuters article
Positive Sentiment: Alphabet’s Wing plans to invest up to $125 million over two years in a Fort Worth manufacturing facility capable of producing tens of thousands of delivery drones annually. The investment could help scale Wing’s commercial operations, though it requires substantial upfront spending. Wall Street Journal article
Neutral Sentiment: Google plans to double prices for paid input, output and context-caching on its Gemini 3.8 and 3.6 Flash APIs starting January 1, 2027. Higher pricing could improve monetization, but its effect on customer demand is uncertain. Yahoo Finance article
Negative Sentiment: Alphabet faces renewed investor scrutiny over a securities class action alleging misleading statements during May–July 2026. The claims are allegations, not findings, but could add legal and reputational risk; multiple law-firm notices largely repeat the same case. PR Newswire article
Negative Sentiment: Investors remain concerned about uncertainty around data-center regulation and the scale of AI capital spending. A separate lawsuit also alleges safety harms involving Google’s AI on a school Chromebook, adding potential reputational and legal exposure. Reuters article

Alphabet Stock Up 0.8%

Shares of Alphabet stock opened at $284.78 on Friday. The company has a market capitalization of $3.48 trillion, a P/E ratio of 14.86, a price-to-earnings-growth ratio of 0.86 and a beta of 1.23. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.79 and a quick ratio of 2.69. The business has a 50-day moving average of $332.93 and a two-hundred day moving average of $338.97. Alphabet Inc. has a 1 year low of $270.70 and a 1 year high of $408.61.

Alphabet (NASDAQ:GOOGL – Get Free Report) 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 $3.02 by ($0.90). Alphabet had a net margin of 50.03% and a return on equity of 43.33%. The business had revenue of $127.58 billion for the quarter, compared to the consensus estimate of $127.96 billion. As a group, equities analysts predict that Alphabet Inc. will post 19.86 EPS for the current year.

Alphabet Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 14th. Shareholders of record on Monday, December 7th will be issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 0.3%. The ex-dividend date is Monday, December 7th. Alphabet’s dividend payout ratio (DPR) is 4.59%.

Alphabet Company Profile

(Free Report)

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.