Narwhal Capital Management Sells 4,204 Shares of Alphabet Inc. $GOOG

Narwhal Capital Management lowered its stake in shares of Alphabet Inc. (NASDAQ:GOOG) by 1.5% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 274,700 shares of the information services provider’s stock after selling 4,204 shares during the quarter. Alphabet accounts for about 6.3% of Narwhal Capital Management’s holdings, making the stock its 3rd biggest holding. Narwhal Capital Management’s holdings in Alphabet were worth $93,601,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. Triton Wealth Management PLLC lifted its position in Alphabet by 13.8% during the 3rd quarter. Triton Wealth Management PLLC now owns 12,836 shares of the information services provider’s stock worth $4,374,000 after acquiring an additional 1,559 shares during the period. Csenge Advisory Group grew its stake in Alphabet by 2.6% during the 3rd quarter. Csenge Advisory Group now owns 13,926 shares of the information services provider’s stock valued at $4,745,000 after purchasing an additional 348 shares during the last quarter. D Orazio & Associates Inc. increased its holdings in shares of Alphabet by 1.0% in the third quarter. D Orazio & Associates Inc. now owns 14,057 shares of the information services provider’s stock valued at $4,790,000 after purchasing an additional 136 shares during the period. New York Life Investment Management LLC increased its holdings in shares of Alphabet by 0.7% in the third quarter. New York Life Investment Management LLC now owns 706,571 shares of the information services provider’s stock valued at $240,757,000 after purchasing an additional 4,742 shares during the period. Finally, Gen Wealth Partners Inc increased its holdings in shares of Alphabet by 61.4% in the third quarter. Gen Wealth Partners Inc now owns 410 shares of the information services provider’s stock valued at $140,000 after purchasing an additional 156 shares during the period. Institutional investors and hedge funds own 27.26% of the company’s stock.

Insider Activity at Alphabet

In related news, Director Frances Arnold sold 83 shares of the firm’s stock in a transaction dated Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total transaction of $28,257.35. Following the sale, the director directly owned 19,076 shares of the company’s stock, valued at $6,494,424.20. This trade represents a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold a total of 247 shares of company stock valued at $79,238 in the last quarter. 12.99% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Oppenheimer restated an “outperform” rating and issued a $400.00 price objective (down from $445.00) on shares of Alphabet in a research note on Thursday, July 23rd. TD Cowen reiterated a “buy” rating and issued a $460.00 target price (down from $485.00) on shares of Alphabet in a research report on Thursday, October 29th. Susquehanna reiterated a “positive” rating and issued a $400.00 price target on shares of Alphabet in a report on Thursday, October 29th. DA Davidson cut their price target on shares of Alphabet from $375.00 to $350.00 and set a “neutral” rating on the stock in a report on Thursday, July 23rd. Finally, Zacks Research lowered shares of Alphabet from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 5th. Six investment analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $413.38.

Alphabet News Roundup

Investors following GOOG have been watching these news items:

• Positive Sentiment: Google unveiled two new Tensor Processing Units aimed at agentic AI and confidential enterprise computing. The chips broaden Alphabet’s in-house hardware offering and could reduce reliance on outside processors. Article: Alphabet Edged Higher After Revealing New TPUs
• 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
• 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 Price Performance

NASDAQ:GOOG opened at $290.63 on Thursday. Alphabet Inc. has a one year low of $271.41 and a one year 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. The firm has a market cap of $3.57 trillion, a price-to-earnings ratio of 15.17, a PEG ratio of 0.86 and a beta of 1.21. The firm’s fifty day moving average is $326.81 and its two-hundred day moving average is $336.38.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings results on Thursday, October 29th. The information services provider reported $2.12 earnings per share for the quarter, missing the consensus estimate of $3.01 by ($0.89). The company had revenue of $127.58 billion for the quarter, compared to analyst estimates of $127.97 billion. Alphabet had a return on equity of 43.33% and a net margin of 50.03%. Alphabet’s revenue for the quarter was up 24.7% on a year-over-year basis. During the same period in the prior year, the business posted $2.87 earnings per share. Research analysts expect that Alphabet Inc. will post 19.74 EPS for the current year.

Alphabet Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 14th. Stockholders of record on Monday, December 7th will be paid a $0.22 dividend. The ex-dividend date is Monday, December 7th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet’s dividend payout ratio is presently 4.59%.

Alphabet 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.