Alphabet Inc. $GOOGL Stock Sold by Bath Savings Trust Co

Bath Savings Trust Co cut its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 3.5% in the third quarter, Holdings Channel.com reports. The fund owned 176,771 shares of the information services provider’s stock after selling 6,345 shares during the period. Alphabet makes up approximately 6.3% of Bath Savings Trust Co’s investment portfolio, making the stock its 2nd biggest position. Bath Savings Trust Co’s holdings in Alphabet were worth $60,823,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. State Street Corp lifted its stake in Alphabet by 5.6% during the second quarter. State Street Corp now owns 238,977,259 shares of the information services provider’s stock worth $85,403,303,000 after purchasing an additional 12,718,127 shares in the last quarter. Invesco Ltd. raised its holdings in shares of Alphabet by 0.5% in the 4th quarter. Invesco Ltd. now owns 45,394,474 shares of the information services provider’s stock valued at $14,208,470,000 after buying an additional 208,362 shares during the period. Fisher Asset Management LLC lifted its stake in Alphabet by 1.6% during the 4th quarter. Fisher Asset Management LLC now owns 38,106,033 shares of the information services provider’s stock worth $11,927,189,000 after acquiring an additional 583,078 shares in the last quarter. Amundi lifted its position in shares of Alphabet by 4.6% during the second quarter. Amundi now owns 33,203,350 shares of the information services provider’s stock worth $11,865,809,000 after purchasing an additional 1,457,371 shares in the last quarter. Finally, Nuveen LLC lifted its position in shares of Alphabet by 1.7% during the fourth quarter. Nuveen LLC now owns 29,166,806 shares of the information services provider’s stock worth $9,129,210,000 after purchasing an additional 478,848 shares in the last quarter. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Alphabet

In related news, CAO Marsida Saraci sold 449 shares of the firm’s stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total transaction of $149,606.80. Following the transaction, the chief accounting officer owned 27,386 shares in the company, valued at $9,125,015.20. This trade represents a 1.61% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the business’s stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $18.90, for a total value of $2,232,808.20. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 441,399 shares of company stock worth $8,677,053. Corporate insiders own 11.61% of the company’s stock.

Alphabet Stock Up 0.8%

GOOGL traded up $2.82 on Wednesday, reaching $350.50. The company’s stock had a trading volume of 20,838,673 shares, compared to its average volume of 30,808,869. The stock has a 50 day moving average of $345.42 and a two-hundred day moving average of $348.53. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $4.29 trillion, a price-to-earnings ratio of 17.60, a P/E/G ratio of 1.00 and a beta of 1.21. Alphabet Inc. has a fifty-two week low of $235.84 and a fifty-two week high of $408.61.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share for the quarter, topping the consensus estimate of $2.89 by $6.22. The business had revenue of $119.80 billion during the quarter, compared to the consensus estimate of $117.07 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. As a group, analysts forecast that Alphabet Inc. will post 20.55 EPS for the current fiscal year.

Alphabet Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 14th. Shareholders of record on Monday, September 7th were issued a dividend of $0.22 per share. The ex-dividend date of this dividend was Friday, September 4th. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is presently 4.42%.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. DA Davidson set a $350.00 price objective on shares of Alphabet and gave the company a “neutral” rating in a report on Thursday, July 23rd. Wall Street Zen downgraded shares of Alphabet from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Piper Sandler upped their price objective on Alphabet from $395.00 to $400.00 and gave the stock an “overweight” rating in a research report on Monday, September 28th. UBS Group decreased their target price on Alphabet from $400.00 to $379.00 and set a “neutral” rating for the company in a report on Thursday, July 23rd. Finally, Wells Fargo & Company reissued an “overweight” rating and set a $417.00 target price (up from $411.00) on shares of Alphabet in a research note on Tuesday. Five research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Alphabet has a consensus rating of “Buy” and an average price target of $425.72.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: AI gaming partnership expands Google’s ecosystem. Alphabet and Unity Software launched plans for an AI-powered platform that allows users to create playable games from natural-language prompts. The initiative could increase Google Play engagement, generate cloud and AI-model demand, and position Alphabet to benefit from the emerging creator economy. Google and Unity Team to Let Users Build Their Own Games
• Positive Sentiment: Long-term nuclear agreement reinforces AI infrastructure plans. Google signed power arrangements with Constellation Energy covering roughly 3,590 megawatts, including 890 megawatts of additional nuclear capacity and 2,700 megawatts from existing plants. Securing dependable electricity supports Alphabet’s data-center expansion and signals confidence in sustained AI demand, although financial terms were not disclosed. Google Signs Nuclear Deal With Constellation Energy
• Positive Sentiment: Analysts see potential upside. Coverage highlights Alphabet’s approximately 55% net margin, accelerating Google Cloud growth, resilient Search advertising and a valuation near 17 times earnings. The stock is consolidating near a potential technical breakout, while analyst targets remain above recent trading levels. Alphabet’s Chart Is Coiling
• Neutral Sentiment: AI infrastructure demand remains a major opportunity but carries execution risk. Alphabet’s spending on power, data centers and custom-chip capacity could support long-term growth, while dependence on suppliers and large capital expenditures may pressure returns if AI demand or customer spending slows.
• Negative Sentiment: Multiple law firms are promoting a securities class action. The lawsuit alleges Alphabet misrepresented progress on its Gemini 3.5 Pro AI model before a significant stock decline. Repeated investor alerts may weigh on sentiment, although the ultimate financial exposure remains uncertain. Alphabet Securities Class Action Deadline
• Negative Sentiment: Finland data-center construction was ordered to stop pending environmental reviews. The delay could increase development timelines and costs, though its near-term effect on Alphabet’s overall results appears limited. Google Finland Data Center Halt

Alphabet Company Profile

Alphabet Inc is a technology and internet services company best known as the parent company of Google. Its primary business, Google Services, includes online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a range of hardware and subscription products.

Alphabet also operates Google Cloud, which provides infrastructure, data analytics, cybersecurity, productivity software, and artificial intelligence services to businesses, governments, and other organizations.