Alphabet Inc. $GOOGL Stock: Trust Co. of Oklahoma Cuts Position

Trust Co. of Oklahoma trimmed its stake in Alphabet Inc. (NASDAQ:GOOGL) by 4.6% in the 3rd quarter, HoldingsChannel reports. The fund owned 37,332 shares of the information services provider’s stock after selling 1,810 shares during the quarter. Alphabet comprises 3.7% of Trust Co. of Oklahoma’s investment portfolio, making the stock its 4th largest position. Trust Co. of Oklahoma’s holdings in Alphabet were worth $12,845,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. EMC Capital Management purchased a new position in Alphabet in the fourth quarter valued at about $33,000. Lifetime Wealth Management P.C. bought a new position in Alphabet in the fourth quarter worth about $32,000. Core Capital Management & Research inc. bought a new position in Alphabet in the second quarter worth about $41,000. Premier Financial Group purchased a new stake in shares of Alphabet during the second quarter valued at about $45,000. Finally, Graney & King LLC lifted its position in shares of Alphabet by 38.5% during the second quarter. Graney & King LLC now owns 180 shares of the information services provider’s stock valued at $64,000 after buying an additional 50 shares during the last quarter. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Alphabet

In other Alphabet news, Director Frances Arnold sold 83 shares of the business’s stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total transaction of $28,257.35. Following the sale, the director owned 19,076 shares of the company’s stock, valued at approximately $6,494,424.20. The trade was a 0.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Marsida Saraci sold 449 shares of the business’s stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total transaction of $149,606.80. Following the sale, the chief accounting officer directly owned 27,386 shares in the company, valued at approximately $9,125,015.20. This represents a 1.61% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 420,865 shares of company stock valued at $8,293,477 in the last three months. 11.61% of the stock is owned by insiders.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Strong cloud and AI momentum: Recent commentary highlights approximately 24% overall revenue growth and an 82% increase in Google Cloud, suggesting that cloud demand and AI monetization may be offsetting concerns about rising capital expenditures. Alphabet’s Cloud Surge and AI Dominance Overshadow Capex Fears
• Positive Sentiment: JPMorgan remains bullish: JPMorgan raised its Alphabet price target to $425 from $420 and maintained an “overweight” rating, implying significant upside from the referenced price. The firm believes Google can withstand fears that generative AI will disrupt Search. JPMorgan Alphabet Price Target
• Positive Sentiment: Waymo expansion: Alphabet’s autonomous-driving unit received approval to participate in Ontario’s automated-vehicle pilot program and is targeting a Toronto robotaxi launch in 2028, expanding a potential long-term growth business. Waymo Toronto Robotaxi Launch
• Positive Sentiment: Additional product and technology catalysts: Google launched its Universal Cart shopping tool in the U.S., while reports of progress in quantum-computing error reduction and a multiyear CNN AI partnership support Alphabet’s efforts to broaden AI-related revenue.
• Neutral Sentiment: Investor attention is elevated: Zacks reported unusually heavy searches for both GOOGL and GOOG, reflecting strong interest but not necessarily a change in fundamentals.
• Negative Sentiment: Capex and profitability concerns: Investors remain concerned that Alphabet’s large data-center and AI investments could pressure free cash flow and take time to generate adequate returns. A reported multibillion-dollar computing arrangement with SpaceX adds to scrutiny of spending discipline.
• Negative Sentiment: Litigation over AI disclosures: Several law firms publicized a securities-fraud class action covering investors who bought shares from May 19 through July 16, 2026. The allegations reportedly involve representations about Gemini 3.5 Pro training results; the repeated notices add headline and potential liability risk, although they do not establish wrongdoing.
• Negative Sentiment: Other risks: Google warned that suspected China-linked hackers could exploit a BeyondTrust software flaw, while political and regulatory uncertainty could affect Search, advertising and the profits funding Alphabet’s AI buildout.

Alphabet Stock Down 2.5%

Alphabet stock traded down $8.63 during midday trading on Friday, reaching $340.59. The company’s stock had a trading volume of 28,484,155 shares, compared to its average volume of 26,079,582. The stock’s 50-day simple moving average is $344.26 and its 200-day simple moving average is $351.32. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. Alphabet Inc. has a 52-week low of $244.15 and a 52-week high of $408.61. The stock has a market capitalization of $4.17 trillion, a P/E ratio of 17.11, a PEG ratio of 1.01 and a beta of 1.21.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share for the quarter, topping the consensus estimate of $2.89 by $6.22. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. The business had revenue of $119.80 billion during the quarter, compared to the consensus estimate of $117.07 billion. On average, sell-side analysts expect that Alphabet Inc. will post 20.54 EPS for the current year.

Alphabet Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 14th. Investors of record on Monday, September 7th were given a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Friday, September 4th. Alphabet’s dividend payout ratio (DPR) is presently 4.42%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on GOOGL. Piper Sandler raised their price target on shares of Alphabet from $395.00 to $400.00 and gave the company an “overweight” rating in a report on Monday, September 28th. Truist Financial set a $420.00 price objective on shares of Alphabet and gave the stock a “buy” rating in a research report on Thursday, July 23rd. Roth Capital reiterated a “buy” rating and set a $440.00 price objective (up from $435.00) on shares of Alphabet in a research note on Thursday, July 23rd. Zacks Research cut shares of Alphabet from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 11th. Finally, Benchmark reissued a “buy” rating on shares of Alphabet in a research report on Thursday, October 1st. Five investment analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Alphabet currently has a consensus rating of “Buy” and an average target price of $425.04.

Alphabet Company Profile

Alphabet Inc is a technology and internet services company best known as the parent company of Google. Its primary business, Google Services, includes online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a range of hardware and subscription products.

Alphabet also operates Google Cloud, which provides infrastructure, data analytics, cybersecurity, productivity software, and artificial intelligence services to businesses, governments, and other organizations.