MKP Capital Management L.L.C. bought a new stake in shares of Alphabet Inc. (NASDAQ:GOOG – Free Report) during the 3rd quarter, HoldingsChannel reports. The institutional investor bought 182,000 shares of the information services provider’s stock, valued at approximately $62,015,000. Alphabet makes up approximately 1.8% of MKP Capital Management L.L.C.’s portfolio, making the stock its 11th biggest position.
Other institutional investors also recently bought and sold shares of the company. BlackRock Inc. increased its holdings in shares of Alphabet by 1.4% during the 2nd quarter. BlackRock Inc. now owns 369,922,502 shares of the information services provider’s stock valued at $130,704,718,000 after acquiring an additional 5,164,200 shares during the last quarter. State Street Corp raised its stake in shares of Alphabet by 2.8% in the 2nd quarter. State Street Corp now owns 190,923,442 shares of the information services provider’s stock valued at $67,458,980,000 after acquiring an additional 5,208,690 shares in the last quarter. Amundi raised its stake in shares of Alphabet by 22.9% in the 1st quarter. Amundi now owns 21,922,379 shares of the information services provider’s stock valued at $6,288,654,000 after acquiring an additional 4,083,758 shares in the last quarter. Deutsche Bank AG raised its stake in shares of Alphabet by 5.6% in the 2nd quarter. Deutsche Bank AG now owns 17,313,729 shares of the information services provider’s stock valued at $6,117,460,000 after acquiring an additional 913,666 shares in the last quarter. Finally, Wellington Management Group LLP lifted its holdings in Alphabet by 24.9% in the 2nd quarter. Wellington Management Group LLP now owns 17,209,454 shares of the information services provider’s stock worth $6,080,616,000 after purchasing an additional 3,432,287 shares during the last quarter. 27.26% of the stock is currently owned by institutional investors.
Insider Transactions at Alphabet
In other Alphabet news, Director Frances Arnold sold 83 shares of the firm’s stock in a transaction that occurred on Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total value of $28,257.35. Following the sale, the director owned 19,076 shares of the company’s stock, valued at $6,494,424.20. This trade represents a 0.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Over the last quarter, insiders sold 247 shares of company stock valued at $79,238. Company insiders own 12.99% of the company’s stock.
Alphabet Trading Up 2.0%
Shares of NASDAQ:GOOG opened at $290.63 on Thursday. The company has a market cap of $3.57 trillion, a P/E ratio of 15.17, a P/E/G ratio of 0.86 and a beta of 1.21. The stock’s 50-day moving average is $326.81 and its 200-day moving average is $336.38. Alphabet Inc. has a 52-week low of $271.41 and a 52-week high of $404.47. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.69 and a current ratio of 2.79.
Alphabet (NASDAQ:GOOG – Get Free Report) last posted its quarterly earnings data on Thursday, October 29th. The information services provider reported $2.12 EPS for the quarter, missing analysts’ consensus estimates of $3.01 by ($0.89). 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 $127.97 billion. During the same quarter in the previous year, the firm posted $2.87 earnings per share. The company’s revenue for the quarter was up 24.7% on a year-over-year basis. Equities research analysts predict that Alphabet Inc. will post 19.74 earnings per share for the current year.
Alphabet Dividend Announcement
The firm 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 $0.22 dividend. The ex-dividend date of this dividend is Monday, December 7th. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is 4.59%.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on GOOG. Citizens Jmp cut Alphabet from a “mkt outperform” rating to a “market perform” rating in a research report on Thursday, October 29th. China Renaissance lowered their price target on Alphabet from $485.00 to $445.00 and set a “buy” rating on the stock in a report on Friday, July 24th. KeyCorp reissued an “overweight” rating and issued a $385.00 price target on shares of Alphabet in a research report on Thursday, October 29th. Rosenblatt Securities initiated coverage on shares of Alphabet in a research note on Thursday, August 20th. They issued a “buy” rating for the company. Finally, Benchmark restated a “buy” rating on shares of Alphabet in a research note on Thursday, October 29th. Six research 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 given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $413.38.
View Our Latest Research Report on GOOG
Alphabet News Summary
Investors following GOOG have been watching these news items:
- Positive Sentiment: Alphabet introduced AlphaGenome 2, an AI model reported to identify nearly twice as many disease-linked DNA changes, adding to its AI research and life-sciences applications. Article: Google’s New AI Model Can Identify Nearly Twice as Many DNA Changes Linked to Disease
- Neutral Sentiment: Alphabet is exploring up to $3 billion in its first Hong Kong- and Singapore-dollar bond offerings. The financing could diversify funding sources, though it adds debt obligations. Article: Alphabet explores first Hong Kong and Singapore dollar bond sales
- Negative Sentiment: Several law firms publicized an existing securities class action against Alphabet, alleging investor harm during May 19–July 16, 2026, with a December 1 lead-plaintiff deadline. The notices add reputational and potential legal risk; they cite claims involving Gemini 3.5 Pro delays and alleged disclosure failures, which remain allegations. Article: Kaplan Fox reminds Alphabet investors of securities class action deadline
Alphabet Company Profile
Alphabet is a technology holding company whose primary business is Google. Founded in 1998 by Larry Page and Sergey Brin, Google became part of Alphabet when the company adopted a holding-company structure in 2015. Sundar Pichai leads Alphabet and Google as chief executive officer. Google offers internet search, online advertising, cloud computing, and software and hardware products. Its services and products include Google Search, YouTube, Android, Chrome, Google Maps, Google Play, and Google Cloud.
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