Livforsakringsbolaget Skandia, Omsesidigt 13F: Cuts GOOG Stake by $4.3M
Key Points
- Livforsakringsbolaget Skandia cut its Alphabet Inc. GOOG holdings by 41.5%, lowering its stake to 17,740 shares valued at approximately $6.0 million in an October 21, 2026 filing.
- Alphabet Inc. GOOG recently traded around $330.88 per share, sitting below both its 50-day and 200-day moving averages as investors look toward its next earnings report on October 28, 2026.
- Several Wall Street firms updated their views on the stock, with TD Cowen reiterating a Buy rating and raising its price target to $485.0 on October 8, 2026.
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Livforsakringsbolaget Skandia lowered its holdings in Alphabet Inc. GOOG by 41.5%, selling 12,560 shares during the period. The institutional investor disclosed the trade in a Form 13F filing with the SEC on October 21, 2026. Alphabet Inc. closed at $330.95 on the filing date.
What Changed in Livforsakringsbolaget Skandia's Alphabet Inc. Position
The fund trimmed its stake from 30,300 shares down to 17,740 shares. The remaining shares carried a reported value of $6,044,728 at the time of the filing.
Other Institutional Activity in Alphabet Inc.
Quilter grew its holdings by 5,449 shares, ending with 92,473 shares worth about $31,509,250.
Alphabet Inc. Stock Down 3.6%
The shares recently traded around $330.88 as of October 22, 2026, which is about equal to the closing price on the filing date. The stock trades below its 50-day moving average of $340.55 and sits roughly 18.2% below its 52-week high of $404.47.
Recent Earnings
Alphabet Inc. generated $445,865,984,000 in trailing twelve month revenue alongside trailing earnings of $19.93 per share. The company posted a net profit margin of 54.8% and a return on equity of 48.7% for the period. Its next earnings report is scheduled for October 28, 2026.
Dividend
The company pays an annual dividend rate of $0.88 per share, translating to a dividend yield of 0.27%. The payout ratio stands at 4.3% of earnings.
Insider Buying and Selling at Alphabet Inc.
Officer Marsida Saraci sold 449 shares on July 29, 2026, at an average price of $333.20 for a total value of $149,607. Director Frances H Ph.D. Arnold sold 82 shares on July 30, 2026, at $333.39 per share, followed by another sale of 82 shares on August 28, 2026, at $337.71 per share.
Analysts Set New Price Targets
Wall Street firms adjusted their price targets ahead of the filing, reflecting a strong consensus among analysts. On July 23, 2026, JP Morgan maintained an Overweight rating and lowered its price target to $420.0 from $460.0. On the same day, TD Cowen reiterated a Buy rating with a $475.0 price target. TD Cowen later maintained its Buy rating on October 8, 2026, lifting its target to $485.0 from $475.0. UBS maintained a Neutral rating on October 14, 2026, nudging its target up to $380.0 from $379.0. JP Morgan returned on October 15, 2026, to maintain an Overweight rating while raising its target to $425.0 from $420.0. The stock currently holds a consensus recommendation key of strong_buy with a mean price target of $422.15 across 13 analyst opinions.
About Alphabet Inc.
Alphabet Inc. operates internet platforms and digital services across the globe, anchored by its core Google search engine, advertising networks, Android operating system, and YouTube video platform, alongside its expanding Google Cloud business. The company's massive digital footprint and cloud infrastructure make it a key bellwether for the communication services sector.
Bottom Line
Investors will look to Alphabet Inc.'s upcoming earnings release on October 28, 2026, for further insight into revenue growth and cloud profitability. Monitoring institutional and insider reports will provide additional clues on how large holders are positioning their portfolios.
Source: Livforsakringsbolaget Skandia, Omsesidigt's 13F filing on $GOOG (Oct 21, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts