Alphabet Inc. $GOOG is AMF Tjanstepension AB’s 10th Largest Position

AMF Tjanstepension AB lessened its holdings in Alphabet Inc. (NASDAQ:GOOG) by 58.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 970,595 shares of the information services provider’s stock after selling 1,351,661 shares during the quarter. Alphabet makes up about 2.6% of AMF Tjanstepension AB’s holdings, making the stock its 10th largest position. AMF Tjanstepension AB’s holdings in Alphabet were worth $236,388,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of GOOG. Brighton Jones LLC lifted its stake in Alphabet by 5.6% during the fourth quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider’s stock worth $22,901,000 after purchasing an additional 6,410 shares during the last quarter. QTR Family Wealth LLC raised its holdings in Alphabet by 7.2% during the second quarter. QTR Family Wealth LLC now owns 21,310 shares of the information services provider’s stock worth $3,780,000 after purchasing an additional 1,431 shares in the last quarter. First Pacific Financial raised its holdings in Alphabet by 7.3% during the second quarter. First Pacific Financial now owns 8,355 shares of the information services provider’s stock worth $1,482,000 after purchasing an additional 565 shares in the last quarter. Dogwood Wealth Management LLC lifted its position in shares of Alphabet by 11.3% during the 2nd quarter. Dogwood Wealth Management LLC now owns 5,339 shares of the information services provider’s stock worth $935,000 after buying an additional 544 shares during the last quarter. Finally, Founders Capital Management boosted its holdings in shares of Alphabet by 85.0% in the 2nd quarter. Founders Capital Management now owns 22,221 shares of the information services provider’s stock valued at $3,942,000 after buying an additional 10,210 shares in the last quarter. 27.26% of the stock is owned by hedge funds and other institutional investors.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google’s new Project Genie AI model — which can turn short prompts into fully rendered, playable 3D worlds and characters — is being viewed as a strategic win for Alphabet’s AI leadership and platform reach; the announcement spooked game developers but signals a new product avenue for Google that could expand ads, cloud consumption and developer tools. Videogame stocks slide on Google’s AI model that turns prompts into playable worlds
• Positive Sentiment: An analyst note expects Alphabet to beat Q4 revenue and EPS as AI lifts ads and cloud demand — a direct fundamental rationale for upside to near-term earnings and investor estimates. Alphabet Could Power Past Forecasts As AI Lifts Ads, Cloud: Analyst
• Positive Sentiment: Large institutional buying: Vanguard reportedly added material GOOGL exposure in its latest filing, which supports demand for the shares from big passive/active holders. Fund Update: VANGUARD GROUP INC Just Disclosed New Holdings
• Positive Sentiment: Google disrupted a major residential proxy network used by bad actors, a security move that reduces abuse risk across its ecosystem and is a modest reputational/operational positive. Google disrupts large residential proxy network, reducing devices used by operators by ‘millions’
• Neutral Sentiment: Wall Street is focused on Q4 guidance and key metric estimates ahead of earnings; expectations and guidance will likely drive short-term moves more than some headlines. Ahead of Alphabet (GOOGL) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics
• Neutral Sentiment: Profile/endorsement notes: coverage pieces and fund letters (e.g., Giverny Capital mention, Tim Cook comments on partnership) keep sentiment visible but are unlikely to move the tape materially on their own. Alphabet (GOOG) Contributed 4.7% to Giverny Capital Asset Management’s 2025 Growth
• Negative Sentiment: A former Google engineer was convicted of stealing AI trade secrets and uploading internal materials to personal cloud accounts — a legal/security headwind that raises concerns about IP protection and could prompt tighter controls and scrutiny. Former Google engineer found guilty of espionage and theft of AI tech
• Negative Sentiment: Waymo involvement in a pedestrian incident has triggered an NHTSA probe; regulatory/safety risks around Waymo’s rollout remain a potential liability and source of short-term volatility for Alphabet. A Waymo hit a child near an elementary school. The NHTSA is investigating

Insider Activity

In other news, CEO Sundar Pichai sold 32,500 shares of the firm’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $299.80, for a total value of $9,743,500.00. Following the completion of the sale, the chief executive officer owned 2,239,619 shares in the company, valued at approximately $671,437,776.20. This trade represents a 1.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the business’s stock in a transaction dated Friday, January 30th. The stock was sold at an average price of $19.00, for a total transaction of $35,060,852.00. The SEC filing for this sale provides additional information. Insiders have sold a total of 2,070,485 shares of company stock worth $104,428,169 in the last 90 days. Corporate insiders own 12.99% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently commented on GOOG. HSBC reiterated a “buy” rating and set a $335.00 price target on shares of Alphabet in a research note on Thursday, October 30th. Rosenblatt Securities set a $279.00 price objective on Alphabet in a report on Thursday, October 30th. Scotiabank reiterated an “outperform” rating and set a $375.00 target price (up previously from $336.00) on shares of Alphabet in a research report on Friday, January 9th. DA Davidson set a $300.00 target price on Alphabet in a research report on Tuesday, November 25th. Finally, Oppenheimer raised their price target on Alphabet from $300.00 to $345.00 and gave the stock an “outperform” rating in a research note on Thursday, October 30th. Eight investment analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $330.83.

Alphabet Stock Down 0.0%

Alphabet stock opened at $338.53 on Friday. The stock has a 50 day moving average of $320.91 and a two-hundred day moving average of $266.24. Alphabet Inc. has a twelve month low of $142.66 and a twelve month high of $342.29. The stock has a market capitalization of $4.09 trillion, a price-to-earnings ratio of 33.39, a PEG ratio of 1.86 and a beta of 1.09. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06.

Alphabet (NASDAQ:GOOG) last released its earnings results on Thursday, October 30th. The information services provider reported $2.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.29 by $0.58. Alphabet had a return on equity of 35.00% and a net margin of 32.23%.The business had revenue of $102.35 billion for the quarter, compared to analyst estimates of $99.90 billion. During the same quarter in the previous year, the company 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 expect that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 8th were paid a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Monday, December 8th. Alphabet’s payout ratio is currently 8.28%.

Alphabet Company Profile

Alphabet Inc (NASDAQ: GOOG) 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 “Other Bets.” 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.

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.