AMG National Trust Bank Has $16.91 Million Stock Position in Alphabet Inc. $GOOG

AMG National Trust Bank trimmed its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 2.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 69,443 shares of the information services provider’s stock after selling 1,720 shares during the period. AMG National Trust Bank’s holdings in Alphabet were worth $16,913,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Tradewinds LLC. grew its stake in shares of Alphabet by 2,134.8% during the third quarter. Tradewinds LLC. now owns 45,098 shares of the information services provider’s stock worth $10,984,000 after buying an additional 43,080 shares during the last quarter. Atlantic Union Bankshares Corp lifted its stake in shares of Alphabet by 31.3% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 354,529 shares of the information services provider’s stock valued at $86,345,000 after acquiring an additional 84,553 shares during the last quarter. CWA Asset Management Group LLC boosted its holdings in shares of Alphabet by 2.2% during the 3rd quarter. CWA Asset Management Group LLC now owns 157,143 shares of the information services provider’s stock valued at $38,272,000 after acquiring an additional 3,444 shares in the last quarter. American National Bank of Texas bought a new stake in Alphabet during the 3rd quarter worth $900,000. Finally, Northwestern Mutual Wealth Management Co. grew its position in Alphabet by 3.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,164,341 shares of the information services provider’s stock worth $206,542,000 after acquiring an additional 42,028 shares during the last quarter. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

GOOG has been the topic of a number of recent research reports. Wedbush reissued an “outperform” rating and set a $370.00 price target on shares of Alphabet in a research note on Thursday, February 5th. BMO Capital Markets reiterated an “outperform” rating and set a $400.00 target price on shares of Alphabet in a research report on Thursday, February 5th. Piper Sandler reissued an “overweight” rating and set a $395.00 target price on shares of Alphabet in a report on Thursday, February 5th. Loop Capital upgraded shares of Alphabet from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 18th. Finally, UBS Group reiterated a “neutral” rating and set a $348.00 price target (up previously from $345.00) on shares of Alphabet in a report on Thursday, February 12th. Eight analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $343.90.

Alphabet Stock Performance

Shares of Alphabet stock opened at $311.69 on Tuesday. The business has a 50-day simple moving average of $321.00 and a 200 day simple moving average of $280.89. Alphabet Inc. has a one year low of $142.66 and a one year high of $350.15. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. The firm has a market capitalization of $3.77 trillion, a price-to-earnings ratio of 28.83, a PEG ratio of 1.85 and a beta of 1.10.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.59 by $0.23. The business had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The company’s quarterly revenue was up 18.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.15 earnings per share. On average, research analysts anticipate that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 9th will be given a $0.21 dividend. The ex-dividend date of this dividend is Monday, March 9th. This represents a $0.84 annualized dividend and a yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is presently 7.77%.

Insider Buying and Selling at Alphabet

In other Alphabet news, CAO Amie Thuener O’toole sold 933 shares of the firm’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $336.55, for a total value of $314,001.15. Following the transaction, the chief accounting officer directly owned 9,916 shares of the company’s stock, valued at approximately $3,337,229.80. This trade represents a 8.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director John L. Hennessy sold 600 shares of the business’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $306.73, for a total transaction of $184,038.00. Following the sale, the director directly owned 20,624 shares of the company’s stock, valued at approximately $6,325,999.52. The trade was a 2.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 2,112,482 shares of company stock worth $119,145,289 in the last ninety days. 12.99% of the stock is currently owned by corporate insiders.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Wall Street bullishness: Several firms (Wells Fargo, Mizuho and others) have upgraded or reiterated bullish ratings and raised price targets (median ~ $370, multiple targets much higher), supporting upside expectations for ad/Gemini growth. ‘Time to Get More Constructive,’ Says Wells Fargo on Alphabet Stock (GOOGL)
• Positive Sentiment: Partnerships expand commercial reach: Alphabet struck a collaboration with Loblaw in Canada to embed Google shopping/AI capabilities, widening retail monetization touchpoints outside core U.S. markets. Alphabet Inc. (GOOGL): Loblaw Companies Limited Enters into New Collaboration
• Positive Sentiment: Product momentum in AI: Google launched Lyria 3 (DeepMind music-generation) in beta inside the Gemini app, showing ongoing product expansion that can drive engagement and new use cases for monetization. Alphabet (GOOGL) Expands AI Reach Amid Market Debate
• Neutral Sentiment: Industry capex context: Bridgewater estimates Big Tech will invest roughly $650B in AI infrastructure in 2026 — a sector-wide capital cycle that helps explain Alphabet’s spending plans but also signals competitive pressure on margins and suppliers. Big Tech to invest about $650 billion in AI in 2026, Bridgewater says
• Neutral Sentiment: Debate over AI capex sustainability: Social and industry commentary highlights that Alphabet is funding massive AI buildouts internally (versus peers using debt), creating long-term strategic advantages for suppliers but stirring free-cash-flow and energy-demand concerns. Alphabet Stock (GOOGL) Opinions on AI Infrastructure Expansion
• Negative Sentiment: Capex and cash-flow anxiety: Several pieces (and investor chatter) point to aggressive AI spending that could pressure free cash flow in 2026 — a headline driver that has weighed on the stock despite Alphabet’s large backlog and revenue growth. Alphabet: Don’t Let The CapEx Scare You Away From A $240B Backlog
• Negative Sentiment: Insider selling and governance headlines: Recent large insider sales (including CEO transactions reported) add short-term selling pressure and raise governance/optics concerns for some investors. Insider Selling: Alphabet (NASDAQ:GOOG) CEO Sells $9,877,400.00 in Stock
• Negative Sentiment: Accounting scrutiny: High-profile skepticism (e.g., Michael Burry commentary) accusing Big Tech of using accounting/depreciation to mask AI costs is adding reputational and analytical headwinds that can amplify volatility. Michael Burry Warns MSFT, GOOG, META Are Using ‘Sinister’ Accounting

Alphabet Company Profile

Alphabet Inc (NASDAQ: GOOG) is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as “Other Bets.” Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company’s history.

Alphabet’s core business centers on internet search and advertising, with Google Search and the company’s ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.