<div id="readability-page-1"><p>OFI Invest Asset Management cut its position in shares of  Alphabet Inc. (NASDAQ:GOOG - Free Report) 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.</p><ul><li>Sector Rotation: 2 Smart Money Moves for 2026</li></ul><p>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. </p><h2>Trending Headlines about Alphabet</h2><p>Here are the key news stories impacting Alphabet this week:</p><ul>   <li><span>Positive Sentiment: </span>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. <i></i><span>Intersect acquisition</span></li>    <li><span>Positive Sentiment: </span>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. <i></i><span>Google Cloud outlook</span></li>    <li><span>Neutral Sentiment: </span>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. <i></i><span>Analyst sentiment &amp; pullback</span></li>    <li><span>Neutral Sentiment: </span>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). <i></i><span>Nvidia-Groq deal</span></li>    <li><span>Negative Sentiment: </span>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. <i></i><span>Waymo outage &amp; response</span></li>    <li><span>Negative Sentiment: </span>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.</li>    <li><span>Negative Sentiment: </span>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. <i></i><span>NYT reporter lawsuit</span></li> </ul><h2>Analyst Ratings Changes</h2><ul><li>Alphabet’s Pullback After a Big Year—Is This the Dip to Buy?</li></ul><p>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 &#34;outperform&#34; rating in a report on Monday, September 22nd. Cowen  reaffirmed a &#34;buy&#34; rating on shares of Alphabet in a research report on Friday, December 12th. Loop Capital raised Alphabet from a &#34;hold&#34; rating to a &#34;strong-buy&#34; 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 &#34;outperform&#34; 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 &#34;Buy&#34; and a consensus target price of $313.04.</p><p><b>Get Our Latest Stock Report on GOOG</b></p><h2>Insider Buying and Selling at Alphabet</h2><ul><li>MarketBeat Week in Review – 12/15 - 12/19</li></ul><p>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 &amp; 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. </p><h2>Alphabet Stock Down 0.1%</h2><p>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. </p><p>Alphabet (NASDAQ:GOOG - Get Free Report) 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. </p><h2>Alphabet Announces Dividend</h2><p>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%. </p><h2>Alphabet Profile</h2> (Free Report)<p>Alphabet Inc <span>NASDAQ: GOOG<span></span></span> 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 &#34;Other Bets.&#34; 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.  </p><p>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.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Alphabet</li><li>Do not delete, read immediately</li><li>INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off</li><li>Can Any Expenses Be Deducted From Capital Gains Tax?</li><li>Buffett, Gates and Bezos Quietly Dumping Stocks—Here's Why</li><li>Forget AI, This Will Be the Next Big Tech Breakthrough</li></ul><p><strong>Want to see what other hedge funds are holding GOOG?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alphabet Inc. (NASDAQ:GOOG - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9R09PRw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9R09PRw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Alphabet Right Now?</h2><p>Before you consider Alphabet, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Alphabet wasn't on the list.</p><p>While Alphabet currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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<p>OFI Invest Asset Management reduced its stake in Alphabet Inc. by 26.7% in Q3, now holding shares worth $16.74 million. Other institutional investors like Vanguard, State Street, and Geode Capital also adjusted their positions in Alphabet. Key news includes Alphabet's acquisition of Intersect Power, strong Google Cloud demand, and Waymo's operational issues. Analysts have mixed sentiments, with some raising target prices and others noting increased short interest and legal risks.</p>

- OFI Invest Asset Management reduced its Alphabet Inc. shares by 26.7% to 68,749 in Q3, following a sell of 24,994 shares.  
- Several institutional investors, including Vanguard Group and State Street Corp, also adjusted their positions, with Vanguard acquiring an additional 5,182,111 shares, now valuing at approximately $73.9 billion.  
- Positive and negative sentiments surround Alphabet, including the recent $4.75 billion acquisition of Intersect Power for clean energy, while facing increased short interest and legal challenges related to AI model training.

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