5,737 Alphabet Inc. $GOOG Shares Sold by Wealth Enhancement Trust Services Inc.

Wealth Enhancement Trust Services Inc. reduced its position in Alphabet Inc. (NASDAQ:GOOG) by 24.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,338 shares of the information services provider’s stock after selling 5,737 shares during the quarter. Wealth Enhancement Trust Services Inc.’s holdings in Alphabet were worth $5,908,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in GOOG. Readystate Asset Management LP purchased a new stake in Alphabet during the 2nd quarter valued at approximately $45,352,000. Auto Owners Insurance Co raised its position in shares of Alphabet by 38,409.2% during the 4th quarter. Auto Owners Insurance Co now owns 179,836,276 shares of the information services provider’s stock valued at $5,643,262,000 after buying an additional 179,369,280 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in Alphabet by 76.1% during the first quarter. Arrowstreet Capital Limited Partnership now owns 14,581,870 shares of the information services provider’s stock valued at $4,182,952,000 after purchasing an additional 6,300,900 shares during the period. State Street Corp raised its holdings in Alphabet by 2.8% during the 2nd quarter. State Street Corp now owns 190,923,442 shares of the information services provider’s stock valued at $67,458,980,000 after buying an additional 5,208,690 shares during the period. Finally, BlackRock Inc. lifted its holdings in shares of Alphabet by 1.4% in the 2nd quarter. BlackRock Inc. now owns 369,922,502 shares of the information services provider’s stock worth $130,704,718,000 after acquiring an additional 5,164,200 shares during the last quarter. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Alphabet Stock Performance

NASDAQ GOOG traded up $2.78 during mid-day trading on Wednesday, reaching $347.37. 11,301,630 shares of the stock were exchanged, compared to its average volume of 20,462,881. Alphabet Inc. has a 1 year low of $236.68 and a 1 year high of $404.47. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. The company has a market capitalization of $4.25 trillion, a P/E ratio of 17.45, a P/E/G ratio of 1.00 and a beta of 1.19. The business’s 50 day moving average is $342.92 and its 200-day moving average is $346.43.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings results on Thursday, July 23rd. The information services provider reported $9.11 earnings per share for the quarter, topping analysts’ consensus estimates of $2.87 by $6.24. The company had revenue of $119.80 billion during the quarter, compared to analysts’ expectations of $116.53 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.Alphabet’s quarterly revenue was up 24.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.31 EPS. On average, equities research analysts forecast that Alphabet Inc. will post 20.55 EPS for the current fiscal year.

Alphabet Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 14th. Stockholders of record on Monday, September 7th were paid a dividend of $0.22 per share. The ex-dividend date of this dividend was Friday, September 4th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet’s payout ratio is currently 4.42%.

Analysts Set New Price Targets

GOOG has been the subject of a number of recent analyst reports. Piper Sandler boosted their price objective on Alphabet from $395.00 to $400.00 and gave the company an “overweight” rating in a report on Monday, September 28th. Rosenblatt Securities started coverage on shares of Alphabet in a report on Thursday, August 20th. They set a “buy” rating on the stock. Zacks Research downgraded shares of Alphabet from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 5th. HSBC set a $515.00 price target on Alphabet in a research report on Friday, August 14th. Finally, Wedbush began coverage on shares of Alphabet in a research note on Thursday, July 16th. They issued an “outperform” rating and a $445.00 target price for the company. Six research analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Alphabet presently has a consensus rating of “Buy” and an average price target of $420.07.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Long-term nuclear power deals support AI expansion. Google agreed to purchase power from Constellation Energy under long-term arrangements covering up to 3,590 megawatts, including 890 megawatts of upgraded nuclear capacity. The agreements help secure reliable electricity for data centers and signal that Alphabet is proactively addressing AI-related power constraints. Google and Constellation nuclear agreement
• Positive Sentiment: Google and Unity are entering AI-powered game creation. Their planned platform will allow users to create playable games through natural-language prompts, combining Google’s AI and distribution reach with Unity’s game engine. The initiative could broaden Alphabet’s consumer ecosystem and create new engagement opportunities through Google Play Games, while also positioning the company against platforms such as Roblox. Google and Unity gaming partnership
• Positive Sentiment: Additional AI initiatives reinforce Alphabet’s growth narrative. Google is participating in a $1.8 billion government-backed AI biology project and launched SynthID tools to identify AI-generated media. These efforts could strengthen its position in enterprise, scientific and responsible-AI applications, although they are longer-term catalysts rather than immediate revenue drivers. AI biology project
• Neutral Sentiment: Analyst and investor commentary remains supportive. Recent commentary highlights Alphabet’s strong margins, resilient Search advertising, rapidly growing Cloud business and valuation below many large technology peers. Price-target commentary remains well above recent trading levels, but these are opinions rather than new company guidance. Alphabet price target commentary
• Negative Sentiment: Investor securities lawsuits are a headline overhang. Multiple law firms are promoting a class action alleging Alphabet misrepresented progress on its Gemini 3.5 Pro AI model before a sharp stock decline. The December 1, 2026 lead-plaintiff deadline does not establish liability, but the claims could increase legal costs, regulatory scrutiny and reputational risk. Alphabet securities lawsuit
• Negative Sentiment: Finland ordered a halt to work at two data centers. Construction must pause until environmental-impact assessments are completed. The delay threatens to slow part of Alphabet’s roughly $15 billion Finland AI buildout, although the broader nuclear-power agreement illustrates the company’s continued commitment to expanding data-center capacity. Finland data-center construction halt

Insiders Place Their Bets

In other news, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the firm’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $18.90, for a total value of $2,232,808.20. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Frances Arnold sold 83 shares of the firm’s stock in a transaction that occurred on Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total transaction of $28,257.35. Following the completion of the transaction, the director directly owned 19,076 shares in the company, valued at $6,494,424.20. This trade represents a 0.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 441,399 shares of company stock worth $8,677,053. Corporate insiders own 12.99% of the company’s stock.

Alphabet Company Profile

Alphabet Inc is a technology holding company best known as the parent company of Google. Established in 2015 through a corporate restructuring, Alphabet oversees Google and a collection of businesses focused on technology, innovation and emerging industries. Sundar Pichai serves as Alphabet’s chief executive officer and also leads Google.

Google is Alphabet’s primary business and operates an internet ecosystem that includes Google Search, online advertising, YouTube, Android, Chrome, Google Maps, Google Play and Google Photos.