Alphabet Inc. $GOOGL Holdings Trimmed by MainStreet Investment Advisors LLC

MainStreet Investment Advisors LLC decreased its position in Alphabet Inc. (NASDAQ:GOOGL) by 6.2% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 79,646 shares of the information services provider’s stock after selling 5,252 shares during the period. Alphabet accounts for 2.6% of MainStreet Investment Advisors LLC’s investment portfolio, making the stock its 9th biggest holding. MainStreet Investment Advisors LLC’s holdings in Alphabet were worth $19,362,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of GOOGL. Norges Bank purchased a new stake in shares of Alphabet during the second quarter valued at approximately $21,944,208,000. Laurel Wealth Advisors LLC grew its stake in Alphabet by 17,667.7% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 15,245,075 shares of the information services provider’s stock valued at $2,686,640,000 after purchasing an additional 15,159,273 shares during the period. Franklin Resources Inc. increased its position in shares of Alphabet by 51.7% during the 2nd quarter. Franklin Resources Inc. now owns 31,817,684 shares of the information services provider’s stock valued at $5,607,232,000 after purchasing an additional 10,843,853 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Alphabet by 1.3% during 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 purchasing an additional 6,733,278 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its stake in shares of Alphabet by 201.3% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 6,547,250 shares of the information services provider’s stock worth $1,153,824,000 after purchasing an additional 4,374,542 shares during the period. Institutional investors own 40.03% of the company’s stock.

Insider Buying and Selling at Alphabet

In other Alphabet news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the business’s stock in a transaction on Friday, January 30th. The shares were sold at an average price of $19.00, for a total transaction of $35,060,852.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider John Kent Walker sold 47,574 shares of the stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $301.45, for a total value of $14,341,182.30. Following the sale, the insider owned 13,227 shares in the company, valued at approximately $3,987,279.15. This represents a 78.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 2,112,493 shares of company stock valued at $118,605,094 over the last 90 days. 11.55% of the stock is currently owned by corporate insiders.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Analyst and media coverage highlighting Alphabet’s AI progress and market outperformance helped lift sentiment — multiple headlines noted the stock outpaced the market and framed Google as a top AI investment. Alphabet (GOOGL) Exceeds Market Returns: Some Facts to Consider
• Positive Sentiment: Buy-side and retail commentary continues to position Alphabet as a core AI play (search monetization + enterprise AI/Gemini), supporting the rally and investor willingness to re-rate growth expectations. You Don’t Need Polymarket to Make a Winning Bet. Just Buy This AI Stock.
• Neutral Sentiment: Small-cap AI infrastructure startup news (Crafting) and other ecosystem activity remind investors that AI innovation is broadening, but these announcements have limited direct near-term impact on Alphabet’s fundamentals. Crafting Announces General Availability of Crafting for Agents and $5.5M Seed Round
• Neutral Sentiment: Reported short-interest figures are effectively zero in the recent snapshot (odd data point), meaning short squeezes look unlikely to be a direct driver right now.
• Negative Sentiment: Insider selling by Alphabet’s CEO — a disclosed sale of roughly $9.86M — can weigh on sentiment and is being noted by market participants as a near-term negative catalyst. Insider Selling: Alphabet (NASDAQ:GOOGL) CEO Sells $9,859,850.00 in Stock
• Negative Sentiment: Competitive pressure from Microsoft’s aggressive AI/cloud positioning (Anthropic/OpenAI partnerships, Azure demand) is a reigning concern for investors who weigh enterprise cloud share and model-agnostic infrastructure as a risk to Alphabet’s cloud/AI monetization runway.

Alphabet Price Performance

NASDAQ GOOGL opened at $306.36 on Tuesday. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. The company has a market cap of $3.71 trillion, a PE ratio of 28.34, a price-to-earnings-growth ratio of 1.75 and a beta of 1.10. Alphabet Inc. has a 52 week low of $140.53 and a 52 week high of $349.00. The firm’s 50-day simple moving average is $319.79 and its two-hundred day simple moving average is $287.62.

Alphabet (NASDAQ:GOOGL) last posted its earnings results 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. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The firm had revenue of $113.83 billion during the quarter, compared to the consensus estimate of $111.24 billion. Research analysts predict that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Announces Dividend

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

Wall Street Analysts Forecast Growth

GOOGL has been the topic of a number of research analyst reports. Weiss Ratings reissued a “buy (b)” rating on shares of Alphabet in a report on Wednesday, January 21st. Wedbush raised their price objective on shares of Alphabet from $360.00 to $370.00 and gave the stock an “outperform” rating in a report on Thursday, February 5th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $375.00 price objective (up from $330.00) on shares of Alphabet in a research report on Tuesday, January 13th. China Renaissance boosted their target price on shares of Alphabet from $330.00 to $400.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Finally, Truist Financial set a $385.00 target price on shares of Alphabet in a research report on Thursday, February 5th. Three 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.com, Alphabet currently has an average rating of “Moderate Buy” and a consensus target price of $367.18.

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.