OVERSEA CHINESE BANKING Corp Ltd Lowers Stock Position in Alphabet Inc. $GOOGL

OVERSEA CHINESE BANKING Corp Ltd decreased its holdings in Alphabet Inc. (NASDAQ:GOOGL) by 3.6% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 734,576 shares of the information services provider’s stock after selling 27,543 shares during the quarter. Alphabet accounts for approximately 4.4% of OVERSEA CHINESE BANKING Corp Ltd’s holdings, making the stock its 4th biggest holding. OVERSEA CHINESE BANKING Corp Ltd’s holdings in Alphabet were worth $178,929,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. lifted its stake in Alphabet by 1.3% during the second quarter. Vanguard Group Inc. now owns 516,559,609 shares of the information services provider’s stock worth $91,033,300,000 after purchasing an additional 6,733,278 shares during the period. State Street Corp grew its stake in shares of Alphabet by 1.8% in the 2nd quarter. State Street Corp now owns 229,954,269 shares of the information services provider’s stock valued at $40,524,841,000 after purchasing an additional 4,008,374 shares during the period. Geode Capital Management LLC raised its holdings in shares of Alphabet by 3.1% in the 2nd quarter. Geode Capital Management LLC now owns 141,615,284 shares of the information services provider’s stock worth $24,857,017,000 after buying an additional 4,224,497 shares in the last quarter. Norges Bank bought a new position in shares of Alphabet during the 2nd quarter worth approximately $21,944,208,000. Finally, Invesco Ltd. boosted its stake in Alphabet by 1.2% in the 2nd quarter. Invesco Ltd. now owns 44,151,820 shares of the information services provider’s stock valued at $7,780,875,000 after buying an additional 503,306 shares in the last quarter. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Alphabet Trading Up 0.4%

Shares of NASDAQ GOOGL opened at $334.55 on Wednesday. Alphabet Inc. has a 1-year low of $140.53 and a 1-year high of $340.49. The company has a 50-day moving average of $317.62 and a two-hundred day moving average of $262.87. The company has a market cap of $4.04 trillion, a PE ratio of 32.99, a P/E/G ratio of 1.84 and a beta of 1.08. 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:GOOGL) last released its quarterly earnings results on Wednesday, October 29th. The information services provider reported $2.87 EPS for the quarter, beating the consensus estimate of $2.29 by $0.58. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. The business had revenue of $102.35 billion for the quarter, compared to analysts’ expectations of $99.90 billion. As a group, equities analysts expect that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Alphabet news, CAO Amie Thuener O’toole sold 2,778 shares of the stock in a transaction on Monday, December 15th. The stock was sold at an average price of $312.30, for a total value of $867,569.40. Following the transaction, the chief accounting officer directly owned 8,962 shares in the company, valued at approximately $2,798,832.60. This trade represents a 23.66% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction on Wednesday, November 5th. The stock was sold at an average price of $283.48, for a total value of $9,213,100.00. Following the sale, the chief executive officer owned 2,337,119 shares of the company’s stock, valued at approximately $662,526,494.12. The trade was a 1.37% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 222,409 shares of company stock valued at $68,564,532. 11.55% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

GOOGL has been the subject of several recent analyst reports. Morgan Stanley increased their price objective on Alphabet from $270.00 to $330.00 and gave the stock an “overweight” rating in a research note on Thursday, October 30th. BMO Capital Markets upped their target price on shares of Alphabet from $340.00 to $343.00 and gave the stock an “outperform” rating in a report on Tuesday, December 16th. Moffett Nathanson lifted their price target on shares of Alphabet from $305.00 to $315.00 and gave the company a “buy” rating in a report on Tuesday, November 25th. Piper Sandler restated an “overweight” rating and issued a $365.00 price target (up from $330.00) on shares of Alphabet in a research report on Thursday, December 11th. Finally, Cantor Fitzgerald cut shares of Alphabet from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 20th. Four investment analysts have rated the stock with a Strong Buy rating, forty-two have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $334.60.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google is accelerating targeted AI acquisitions, talent deals and strategic investments to strengthen Gemini across media generation, voice and international distribution — a direct growth play that supports future revenue and product differentiation. Google Accelerates AI Deals to Strengthen Gemini in Media and Voice
• Positive Sentiment: High-profile portfolios remain bullish on AI exposure: the Pelosi-linked filing rolled GOOGL exposure into long-dated call positions (LEAPS), a leveraged vote of confidence that institutional-style investors expect continued upside from AI leaders. Pelosi’s Bullish 2026 Buy List: AI, Power & Dividends
• Positive Sentiment: Analyst support remains constructive (recent price-target lift and buy-rating reaffirmations), which can underpin multiple expansion and investor confidence into earnings. Alphabet (NASDAQ:GOOGL) Price Target Raised to $390.00
• Neutral Sentiment: EU regulators are stepping in to ensure rivals get access to Gemini services/data and have opened proceedings to assist Google in complying with the Digital Markets Act — this clarifies compliance expectations but signals potential constraints on product exclusivity. EU starts proceedings to assist Google in complying with tech rules
• Neutral Sentiment: Competitive AI infrastructure developments (e.g., Microsoft’s Maia 200 chip) raise the bar on efficiency and pricing in the cloud/inference market — a sector-level dynamic that could affect GCP cost structure or pricing power over time. Microsoft’s Maia 200: The Profit Engine AI Needs
• Negative Sentiment: Google agreed to a preliminary $68M settlement over claims its voice assistant spied on users — a modest direct cost but a reputational and regulatory reminder that privacy/legal risks persist. Google pays $68 million to settle claims its voice assistant spied on users
• Negative Sentiment: CEO Sundar Pichai reported an insider sale of roughly $10.6M of Alphabet shares ahead of earnings — routine windowed selling but a near-term negative signal some investors watch before an earnings event. Sundar Pichai Offloads Alphabet Shares Worth $10.6M Ahead of February 4 Earnings

About Alphabet

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.