Alphabet Inc. $GOOGL Shares Sold by Evergreen Wealth Management LLC

Evergreen Wealth Management LLC cut its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 4.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 35,738 shares of the information services provider’s stock after selling 1,596 shares during the quarter. Alphabet accounts for 4.6% of Evergreen Wealth Management LLC’s portfolio, making the stock its 5th largest holding. Evergreen Wealth Management LLC’s holdings in Alphabet were worth $8,688,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Norges Bank acquired a new position in shares of Alphabet in the second quarter worth about $21,944,208,000. Laurel Wealth Advisors LLC lifted its position in shares of 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 acquiring an additional 15,159,273 shares in the last quarter. Franklin Resources Inc. boosted its stake in Alphabet by 51.7% in the 2nd quarter. Franklin Resources Inc. now owns 31,817,684 shares of the information services provider’s stock worth $5,607,232,000 after purchasing an additional 10,843,853 shares during the period. Vanguard Group Inc. grew its position in Alphabet by 1.3% during the 2nd quarter. Vanguard Group Inc. now owns 516,559,609 shares of the information services provider’s stock worth $91,033,300,000 after purchasing an additional 6,733,278 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its stake in 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 valued at $1,153,824,000 after purchasing an additional 4,374,542 shares during the period. 40.03% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Alphabet

In other news, Director Frances Arnold sold 102 shares of the stock in a transaction dated Thursday, January 29th. The stock was sold at an average price of $340.00, for a total transaction of $34,680.00. Following the transaction, the director owned 18,307 shares of the company’s stock, valued at approximately $6,224,380. This represents a 0.55% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, 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 shares were sold at an average price of $19.00, for a total value of $35,060,852.00. The SEC filing for this sale provides additional information. Insiders have sold a total of 2,067,686 shares of company stock worth $105,352,291 in the last 90 days. Insiders own 11.55% of the company’s stock.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Launched large U.S. investment‑grade bond program (~$15B) including very long‑dated tranches (reports of 50‑ and 100‑year paper), giving Alphabet cheap, long‑term funding to accelerate AI data‑center buildout and signaling strong credit demand. Alphabet’s debt raise fuels forecasts for record year in corporate bond sales
• Positive Sentiment: Waymo (Alphabet unit) expanded operations, going fully autonomous in Nashville — a tangible commercialization milestone that supports the long‑term growth story beyond advertising. Waymo goes fully autonomous in Nashville
• Positive Sentiment: Signed long‑term renewables deals: TotalEnergies will supply ~1 GW of solar to Google’s Texas data centers, supporting sustainability goals and predictable power costs for AI compute workloads. TotalEnergies to provide solar power to Google’s Texas data centres
• Positive Sentiment: Analyst support remains constructive — JPMorgan reaffirmed a buy rating and several outlets report raised price targets, which can bolster investor confidence after last week’s volatility. MarketScreener: JPMorgan maintains a buy rating
• Neutral Sentiment: Macro/sector context — Big Tech had a sharp pullback last week (>$1T erased), leaving stocks treading water; Alphabet’s debt move and analyst notes are being read against that volatile backdrop. Big Tech stocks are treading water after $1 trillion sell-off week
• Negative Sentiment: Alphabet added new AI‑related risk language to its filings, flagging potential impacts on ad revenue and risks from large, long‑duration commercial AI contracts — a reminder investors may face execution and revenue‑mix risks as the company scales AI offerings. Alphabet calls out new AI-related risks, as it taps debt market to fund buildout
• Negative Sentiment: Autodesk sued Google alleging trademark infringement over AI video tools (the “Flow” name), adding legal uncertainty around some AI product branding and potential litigation costs. Google sued by Autodesk over AI-powered movie-making software
• Negative Sentiment: Insider sale: reports show the CEO sold roughly $10.9M of stock, which can be interpreted by some investors as a mild negative signal even if occasional executive sales are routine. Insider Selling: Alphabet CEO Sells Stock

Alphabet Stock Performance

GOOGL stock opened at $324.32 on Tuesday. The firm has a 50 day moving average of $321.80 and a two-hundred day moving average of $272.22. Alphabet Inc. has a 12 month low of $140.53 and a 12 month high of $349.00. The company has a market capitalization of $3.91 trillion, a price-to-earnings ratio of 30.00, a P/E/G ratio of 1.78 and a beta of 1.09. 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 (NASDAQ:GOOGL) last released its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.57 by $0.25. The business had revenue of $113.83 billion during the quarter, compared to analyst estimates of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. As a group, equities analysts anticipate that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. Guggenheim reaffirmed a “buy” rating and issued a $375.00 target price (up previously from $330.00) on shares of Alphabet in a research report on Monday, December 1st. Truist Financial set a $385.00 price objective on Alphabet in a research report on Thursday. Cantor Fitzgerald reiterated an “overweight” rating and issued a $370.00 target price on shares of Alphabet in a report on Thursday. Argus raised their price target on shares of Alphabet from $365.00 to $385.00 and gave the stock a “buy” rating in a report on Friday. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $395.00 price objective (up from $365.00) on shares of Alphabet in a research report on Thursday. 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’s stock. Based on data from MarketBeat.com, Alphabet presently has an average rating of “Moderate Buy” and an average price target of $357.46.

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.