Alphabet Inc. $GOOGL Shares Bought by Avalon Trust Co

Avalon Trust Co raised its stake in Alphabet Inc. (NASDAQ:GOOGL) by 13.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 54,252 shares of the information services provider’s stock after purchasing an additional 6,530 shares during the quarter. Avalon Trust Co’s holdings in Alphabet were worth $13,189,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of GOOGL. Vanguard Group Inc. grew its position in Alphabet by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 516,559,609 shares of the information services provider’s stock valued at $91,033,300,000 after buying an additional 6,733,278 shares during the last quarter. State Street Corp raised its position in Alphabet by 1.8% during the 2nd quarter. State Street Corp now owns 229,954,269 shares of the information services provider’s stock worth $40,524,841,000 after buying an additional 4,008,374 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Alphabet by 3.1% in the 2nd quarter. Geode Capital Management LLC now owns 141,615,284 shares of the information services provider’s stock worth $24,857,017,000 after acquiring an additional 4,224,497 shares during the period. Norges Bank purchased a new stake in shares of Alphabet in the second quarter valued at about $21,944,208,000. Finally, Invesco Ltd. boosted its holdings in shares of Alphabet by 1.2% in the second quarter. Invesco Ltd. now owns 44,151,820 shares of the information services provider’s stock valued at $7,780,875,000 after acquiring an additional 503,306 shares in the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.

Insider Buying and Selling

In related news, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $303.38, for a total value of $9,859,850.00. Following the sale, the chief executive officer directly owned 1,674,560 shares in the company, valued at $508,028,012.80. The trade was a 1.90% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Amie Thuener O’toole sold 955 shares of the stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $298.00, for a total transaction of $284,590.00. Following the completion of the sale, the chief accounting officer directly owned 9,918 shares in the company, valued at approximately $2,955,564. The trade was a 8.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 2,112,493 shares of company stock valued at $118,605,094 in the last three months. 11.55% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on GOOGL shares. Evercore reissued an “outperform” rating and set a $400.00 price target (up from $325.00) on shares of Alphabet in a report on Thursday, February 5th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Alphabet in a report on Wednesday, January 21st. Roth Mkm boosted their target price on Alphabet from $365.00 to $395.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. UBS Group set a $348.00 target price on Alphabet and gave the stock a “neutral” rating in a research note on Thursday, February 5th. Finally, DZ Bank reissued a “buy” rating on shares of Alphabet in a report on Monday, February 16th. Three investment 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 company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $367.18.

Alphabet Price Performance

GOOGL stock opened at $298.80 on Monday. The firm has a 50 day moving average of $319.93 and a 200-day moving average of $286.87. The company has a market cap of $3.61 trillion, a price-to-earnings ratio of 27.64, a PEG ratio of 1.75 and a beta of 1.10. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. Alphabet Inc. has a 12-month low of $140.53 and a 12-month high of $349.00.

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

Alphabet Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 9th will be issued 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 is 7.77%.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Large cloud commercial win — CVS will deploy an AI‑enabled health platform on Google Cloud, validating enterprise demand for recurring cloud/AI revenue and supporting the Google Cloud/Gemini growth story. CVS taps Google Cloud
• Positive Sentiment: AI partnership continuity — Google said Anthropic will remain available for non‑defense projects after DoD actions, limiting disruption to Alphabet’s access to Anthropic models and enterprise AI offerings. Google says Anthropic remains available
• Positive Sentiment: Analyst and institutional support — Robert W. Baird lifted its price target to $380 and other firms have boosted targets/ratings recently, reinforcing buy narratives and upside vs. the current price. Baird raises price target
• Neutral Sentiment: Small insider sales — filings show modest sales by a director and the CAO; routine disclosures that markets note but are not large enough to signal strategic conviction changes. SEC filing — insider sales
• Neutral Sentiment: Market commentary on recent pullback — coverage (e.g., Zacks) highlights the stock’s slide since earnings and asks whether it can rebound, offering investor viewpoints but no new company fundamentals. Zacks — can it rebound?
• Negative Sentiment: Legal/PR overhang: a wrongful‑death lawsuit alleges harmful guidance from the Gemini chatbot, raising potential liability, regulatory scrutiny and reputational risk for Alphabet’s core AI investment thesis. Gemini wrongful‑death lawsuit
• Negative Sentiment: Autonomous‑vehicle scrutiny — the NHTSA/NHTSA‑led safety forum and ongoing probes into Waymo incidents increase regulatory risk and operational uncertainty for the self‑driving unit. NHTSA self‑driving safety forum
• Negative Sentiment: App store revenue pressure — a settlement with Epic lowered Play Store commission rates (to ~20% + up to 5%), which could modestly reduce Play‑ecosystem take rates and near‑term revenue. Play Store commission cut
• Negative Sentiment: Macro/geopolitical pressure — recent tensions and tech pullbacks in affected markets (e.g., Dubai exposure) are weighing on large‑cap tech multiples, contributing to negative sentiment around GOOGL. Tech offices respond to U.S.-Iran tensions

About Alphabet

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.