Farmers National Bank Raises Stock Position in Alphabet Inc. $GOOGL

Farmers National Bank raised its position in Alphabet Inc. (NASDAQ:GOOGL) by 72.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 10,242 shares of the information services provider’s stock after buying an additional 4,290 shares during the period. Farmers National Bank’s holdings in Alphabet were worth $2,490,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of GOOGL. Delta Asset Management LLC TN raised its holdings 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 buying an additional 37 shares during the last quarter. Second Line Capital LLC grew its holdings in Alphabet by 0.8% during the 3rd quarter. Second Line Capital LLC now owns 4,417 shares of the information services provider’s stock worth $1,074,000 after acquiring an additional 37 shares during the last quarter. Matisse Capital grew its holdings 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 acquiring an additional 38 shares during the last quarter. Rialto Wealth Management LLC increased its position in Alphabet by 1.7% in the 3rd quarter. Rialto Wealth Management LLC now owns 2,226 shares of the information services provider’s stock valued at $541,000 after acquiring an additional 38 shares in the last quarter. Finally, Hodges Capital Management Inc. increased its position in Alphabet by 0.5% in the 3rd quarter. Hodges Capital Management Inc. now owns 6,963 shares of the information services provider’s stock valued at $1,693,000 after acquiring an additional 38 shares in the last quarter. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the business’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 document filed with the SEC, which is available through this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $321.21, for a total value of $10,439,325.00. Following the completion of the sale, the chief executive officer owned 2,244,372 shares in the company, valued at approximately $720,914,730.12. This trade represents a 1.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 2,110,165 shares of company stock valued at $118,134,117 over the last quarter. 11.64% of the stock is currently owned by company insiders.

Alphabet Stock Performance

Shares of GOOGL stock opened at $301.00 on Friday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. Alphabet Inc. has a 52 week low of $140.53 and a 52 week high of $349.00. The company’s 50 day moving average price is $317.62 and its two-hundred day moving average price is $292.57. The company has a market capitalization of $3.64 trillion, a P/E ratio of 27.84, a price-to-earnings-growth ratio of 1.80 and a beta of 1.10.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, beating 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 company had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. On average, analysts expect that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, March 9th. Alphabet’s dividend payout ratio (DPR) is 7.77%.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: DeepMind hired Jasjeet Sekhon, Bridgewater’s chief scientist, as chief strategy officer — a high‑profile talent win that reinforces Alphabet’s DeepMind AI bench and long‑term product roadmap. Exclusive: Bridgewater’s chief scientist Sekhon to join Google’s DeepMind AI unit
• Positive Sentiment: High‑profile endorsement: Elon Musk tweeted that Google will “win the AI race in the West,” a bullish signal for market perception of Alphabet’s AI leadership. Elon Musk Says China Will Win The AI Race, But Here’s Where SpaceX Will Win
• Positive Sentiment: Product momentum: Google’s new “Stitch” AI design features are pressuring rivals (e.g., Figma’s stock fell), underscoring expanding addressable market for Google’s AI tools. Figma’s stock drops 11% in two days after Google releases ‘vibe design’ product
• Positive Sentiment: Market commentary highlights Alphabet’s operational strength (consecutive earnings beats, Cloud acceleration), supporting the bullish analyst consensus and relative outperformance among mega‑caps. 2 Tech Giants Holding Their Ground While the Market Slides
• Neutral Sentiment: Insider sales disclosed: CEO Sundar Pichai sold ~32,500 shares (~$10M) and Director John Hennessy sold a small stake — notable but small relative to total insider holdings; monitor if these continue. Insider filing: Sundar Pichai sale
• Neutral Sentiment: Short‑interest data in the feeds appears anomalous/zero and provides no clear signal (no days‑to‑cover build reported).
• Neutral Sentiment: Competitive takes: Analysts compare Snowflake and Alphabet on cloud analytics — SNOW’s momentum is notable but doesn’t negate Google Cloud’s growth trajectory. Snowflake vs Alphabet: Which Cloud Analytics Stock Has an Edge Now?
• Negative Sentiment: Investor concern about massive hyperscaler AI spending — analysts flag $410B+ capex across hyperscalers and question near‑term returns, a theme that can pressure tech multiples including GOOGL. Forget the War Headlines: This Is the Real Reason Tech Stocks Are Struggling
• Negative Sentiment: Valuation debate persists: coverage notes shifting investment story as AI deals and capex raise questions about near‑term upside despite solid fundamentals. How The Alphabet (GOOGL) Investment Story Is Shifting With AI Deals And Valuation Questions

Analyst Upgrades and Downgrades

Several research analysts have issued reports on GOOGL shares. Roth Mkm upped their price objective on Alphabet from $365.00 to $395.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Wolfe Research lifted their target price on Alphabet from $380.00 to $390.00 and gave the company an “outperform” rating in a research note on Friday, January 23rd. Needham & Company LLC restated a “buy” rating and set a $400.00 target price on shares of Alphabet in a research report on Friday, March 13th. Sanford C. Bernstein upped their price target on Alphabet from $305.00 to $335.00 and gave the company a “market perform” rating in a research note on Monday, February 2nd. Finally, Deutsche Bank Aktiengesellschaft raised their price target on Alphabet from $370.00 to $390.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Three analysts have rated the stock with a Strong Buy rating, forty-three have given a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $367.18.

Alphabet 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.