Alphabet Inc. $GOOGL Shares Sold by Sawyer & Company Inc

Sawyer & Company Inc decreased its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 5.6% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 52,455 shares of the information services provider’s stock after selling 3,100 shares during the period. Alphabet makes up approximately 5.8% of Sawyer & Company Inc’s investment portfolio, making the stock its largest holding. Sawyer & Company Inc’s holdings in Alphabet were worth $15,084,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. EMC Capital Management acquired a new position in Alphabet during the 4th quarter valued at approximately $33,000. Lifetime Wealth Management P.C. acquired a new stake in shares of Alphabet during the fourth quarter worth $32,000. PMV Capital Advisers LLC purchased a new stake in shares of Alphabet during the fourth quarter valued at $38,000. IFC & Insurance Marketing Inc. purchased a new stake in shares of Alphabet during the fourth quarter valued at $38,000. Finally, Bard Associates Inc. acquired a new position in shares of Alphabet in the 4th quarter valued at $52,000. Institutional investors and hedge funds own 40.03% of the company’s stock.

Insiders Place Their Bets

In related news, Director Frances Arnold sold 112 shares of Alphabet stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $351.28, for a total value of $39,343.36. Following the completion of the transaction, the director owned 18,833 shares in the company, valued at $6,615,656.24. The trade was a 0.59% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director John L. Hennessy sold 1,050 shares of the company’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $393.26, for a total value of $412,923.00. Following the completion of the transaction, the director directly owned 2,531 shares of the company’s stock, valued at $995,341.06. The trade was a 29.32% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 160,465 shares of company stock valued at $8,020,511. Insiders own 11.61% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have commented on GOOGL shares. Royal Bank Of Canada set a $425.00 price target on Alphabet and gave the stock an “outperform” rating in a research report on Thursday, April 30th. Rothschild & Co Redburn raised their price objective on Alphabet from $390.00 to $430.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. KeyCorp reaffirmed an “overweight” rating and set a $425.00 target price on shares of Alphabet in a report on Wednesday, May 20th. Oppenheimer upped their target price on Alphabet from $425.00 to $445.00 and gave the company an “outperform” rating in a research report on Friday, May 15th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Alphabet in a report on Monday, April 20th. Two analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $413.54.

Alphabet Trading Up 0.2%

Shares of NASDAQ:GOOGL opened at $367.03 on Wednesday. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a 12-month low of $172.77 and a 12-month high of $408.61. The business has a 50 day moving average of $372.05 and a two-hundred day moving average of $335.51. The company has a market capitalization of $4.45 trillion, a PE ratio of 28.00, a PEG ratio of 1.57 and a beta of 1.24.

Alphabet (NASDAQ:GOOGL) last posted its earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share for the quarter, beating the consensus estimate of $2.64 by $2.47. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. The firm had revenue of $109.90 billion during the quarter, compared to analyst estimates of $106.98 billion. As a group, analysts forecast that Alphabet Inc. will post 14.32 EPS for the current year.

Alphabet Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 8th were issued a $0.22 dividend. The ex-dividend date of this dividend was Monday, June 8th. This is a positive change from Alphabet’s previous quarterly dividend of $0.21. This represents a $0.88 dividend on an annualized basis and a yield of 0.2%. Alphabet’s dividend payout ratio is presently 6.71%.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet is drawing bullish sentiment from investors and analysts as a top AI name, with one report highlighting billionaire Jeffrey Talpins’ view that GOOGL is among the best AI stocks to own.
• Positive Sentiment: Google-backed Proxima Fusion raised €411 million in a major financing round, underscoring Alphabet’s continued involvement in frontier energy and AI-adjacent innovation. Reuters article
• Positive Sentiment: Coverage focused on Google Cloud suggests the segment is increasingly seen as a key growth engine for Alphabet, reinforcing the market’s confidence in its AI and cloud strategy. Trefis article
• Positive Sentiment: Alphabet continues to be highlighted in “final trades” and stock-picking segments, which can support near-term sentiment by keeping the name in focus for traders. Benzinga article
• Neutral Sentiment: Alphabet announced its Made by Google Pixel event for August 12, which keeps hardware and consumer-device expectations in view but is not a major immediate catalyst.
• Neutral Sentiment: Articles comparing Alphabet with Palantir and Taiwan Semiconductor mostly frame GOOGL as a benchmark AI and cloud leader rather than signaling a direct new catalyst.
• Negative Sentiment: TechCrunch reported that Google is expanding AI training to include more user-uploaded media by default unless users opt out, which could revive privacy concerns and regulatory scrutiny. TechCrunch article
• Negative Sentiment: BusinessInsider noted that Waymo faces growing competition in robotaxi usage from Zoox, reminding investors that Alphabet’s autonomous-driving efforts still face competitive pressure. BusinessInsider article

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.