First National Trust Co Purchases 3,780 Shares of Alphabet Inc. $GOOGL

First National Trust Co grew its position in Alphabet Inc. (NASDAQ:GOOGL) by 1.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 268,610 shares of the information services provider’s stock after buying an additional 3,780 shares during the quarter. Alphabet accounts for 2.2% of First National Trust Co’s holdings, making the stock its 8th largest holding. First National Trust Co’s holdings in Alphabet were worth $65,299,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Delta Asset Management LLC TN boosted its stake in shares of Alphabet by 0.6% in the third quarter. Delta Asset Management LLC TN now owns 6,153 shares of the information services provider’s stock valued at $1,496,000 after purchasing an additional 37 shares during the period. Matisse Capital increased its stake in Alphabet by 0.3% during the 3rd quarter. Matisse Capital now owns 14,814 shares of the information services provider’s stock worth $3,601,000 after buying an additional 38 shares during the period. Breakwater Investment Management lifted its holdings in Alphabet by 1.0% during the 3rd quarter. Breakwater Investment Management now owns 4,228 shares of the information services provider’s stock worth $1,028,000 after buying an additional 41 shares in the last quarter. Wealth Alliance Advisory Group LLC boosted its position in Alphabet by 1.0% in the 3rd quarter. Wealth Alliance Advisory Group LLC now owns 4,045 shares of the information services provider’s stock valued at $983,000 after buying an additional 41 shares during the period. Finally, Clearview Wealth Advisors LLC boosted its position in Alphabet by 3.3% in the 3rd quarter. Clearview Wealth Advisors LLC now owns 1,281 shares of the information services provider’s stock valued at $312,000 after buying an additional 41 shares during the period. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Analyst upgrades and higher price targets provide near-term support — Loop Capital raised its price target to $355 and Wells Fargo moved to a more constructive stance, boosting buy-side momentum. Read More.
• Positive Sentiment: Waymo commercialization expands — Waymo is rolling out robotaxi service to multiple new U.S. markets (Dallas, Houston, San Antonio, Orlando), which supports a pathway to revenue growth for Alphabet’s autonomous-vehicle unit. Read More.
• Positive Sentiment: Big data-center energy deals lower operational risk for AI/cloud buildout — Google announced a 1.9GW clean-power-backed Minnesota project that includes a 300MW / 100-hour battery, and utilities/energy firms signed long-term supply deals for new Google sites, improving power resiliency for Cloud/AI capacity. Read More.
• Positive Sentiment: Hidden assets and ecosystem stakes add optionality — Alphabet’s strategic holdings (notably ~14% of Anthropic and an early SpaceX stake) plus Gemini integrations (including reported Apple interest) are underappreciated upside drivers for Cloud, AI licensing and potential mark-to-market gains. Read More.
• Neutral Sentiment: Industry capex race: Bridgewater sees ~$650B in Big Tech AI investment for 2026 — this underscores continued capacity expansion that benefits hyperscalers but increases execution/timing uncertainty. Read More.
• Neutral Sentiment: AI chip competition heats up — WSJ coverage highlights intensifying GPU/custom-chip rivalry (Google vs. Nvidia and others), a structural trend that affects margins, procurement and product differentiation. Read More.
• Negative Sentiment: Notable investor rotations and selling — reports show Renaissance trimmed a large position (~$700M sale) and some high-profile funds reduced exposure, which can weigh on intraday flows and dampen momentum. Read More.
• Negative Sentiment: Legal and regulatory risks persist — Klarna expects a Swedish court verdict related to Google patents on April 15, adding event risk for the stock. Read More.
• Negative Sentiment: AI capex funded with debt raises investor caution — coverage warns hyperscalers (including Alphabet) are increasing AI-related spending and in some cases using debt, which shifts risk and could pressure valuations if returns take longer than expected. Read More.

Insider Transactions at Alphabet

In related news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the firm’s stock in a transaction that occurred on Friday, January 30th. The stock was sold at an average price of $19.00, for a total transaction of $35,060,852.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction that occurred on Wednesday, January 21st. The stock was sold at an average price of $327.30, for a total value of $10,637,250.00. Following the transaction, the chief executive officer directly owned 2,211,872 shares in the company, valued at approximately $723,945,705.60. This trade represents a 1.45% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 2,112,482 shares of company stock worth $119,145,289. 11.55% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on GOOGL. Stifel Nicolaus reaffirmed a “buy” rating and set a $395.00 price objective (up from $346.00) on shares of Alphabet in a research report on Thursday, February 5th. Citic Securities boosted their target price on Alphabet from $230.00 to $310.00 and gave the stock a “buy” rating in a research note on Monday, November 3rd. Argus upped their price target on Alphabet from $365.00 to $385.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Evercore reiterated an “outperform” rating and issued a $400.00 price objective (up from $325.00) on shares of Alphabet in a research note on Thursday, February 5th. Finally, Wedbush upped their target price on shares of Alphabet from $360.00 to $370.00 and gave the stock an “outperform” rating in a research note on Thursday, February 5th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-three have assigned a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $366.57.

Alphabet Stock Performance

Shares of Alphabet stock opened at $310.90 on Wednesday. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. Alphabet Inc. has a 52 week low of $140.53 and a 52 week high of $349.00. The firm’s 50 day moving average is $320.47 and its two-hundred day moving average is $281.05. The firm has a market capitalization of $3.76 trillion, a P/E ratio of 28.76, a P/E/G ratio of 1.83 and a beta of 1.09.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, topping the consensus estimate of $2.57 by $0.25. The business had revenue of $113.83 billion during the quarter, compared to the consensus estimate of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. Research analysts forecast that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 9th will be paid a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 0.3%. The ex-dividend date is Monday, March 9th. Alphabet’s dividend payout ratio is currently 7.77%.

Alphabet Company Profile

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.