18,191 Alphabet Inc. $GOOGL Shares Sold by Neville Rodie & Shaw Inc.

Key Points

• Neville Rodie & Shaw Inc. cut its Alphabet stake by 7.3%, selling 18,191 shares and retaining 230,035 shares valued at approximately $79.15 million. Alphabet remains the firm’s second-largest holding and represents 5.6% of its portfolio.
• Other major institutional investors increased their Alphabet positions, and institutional ownership stands at 40.03%. Alphabet recently reported quarterly EPS of $9.11 and revenue of $119.8 billion, exceeding analyst expectations.
• GOOGL traded near $346, while analysts maintained a broadly positive outlook with a consensus “Buy” rating and an average price target of $425.60; however, rising AI-related capital spending and ongoing legal and regulatory actions remain risks.

Neville Rodie & Shaw Inc. decreased its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 7.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 230,035 shares of the information services provider's stock after selling 18,191 shares during the quarter. Alphabet comprises approximately 5.6% of Neville Rodie & Shaw Inc.'s portfolio, making the stock its 2nd biggest holding. Neville Rodie & Shaw Inc.'s holdings in Alphabet were worth $79,150,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. State Street Corp lifted its holdings in Alphabet by 5.6% during the 2nd quarter. State Street Corp now owns 238,977,259 shares of the information services provider's stock worth $85,403,303,000 after purchasing an additional 12,718,127 shares in the last quarter. Diamant Asset Management Inc. grew its holdings in Alphabet by 28,950.0% during the 1st quarter. Diamant Asset Management Inc. now owns 9,291,926 shares of the information services provider's stock valued at $2,671,986,000 after buying an additional 9,259,940 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in Alphabet by 90.9% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 17,040,373 shares of the information services provider's stock valued at $4,900,078,000 after buying an additional 8,112,680 shares in the last quarter. Corient Private Wealth LLC increased its position in shares of Alphabet by 127.9% during the fourth quarter. Corient Private Wealth LLC now owns 11,677,886 shares of the information services provider's stock valued at $3,655,178,000 after buying an additional 6,554,842 shares during the period. Finally, T. Rowe Price Investment Management Inc. lifted its holdings in shares of Alphabet by 45.8% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 13,737,125 shares of the information services provider's stock worth $4,299,721,000 after buying an additional 4,313,745 shares in the last quarter. Hedge funds and other institutional investors own 40.03% of the company's stock.

Alphabet Price Performance

GOOGL traded up $2.74 during trading on Monday, reaching $346.24. The stock had a trading volume of 8,406,198 shares, compared to its average volume of 30,833,164. The business has a 50-day moving average of $344.74 and a 200-day moving average of $348.00. Alphabet Inc. has a one year low of $235.84 and a one year high of $408.61. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. The stock has a market cap of $4.23 trillion, a PE ratio of 17.40, a PEG ratio of 0.99 and a beta of 1.21.

Alphabet (NASDAQ:GOOGL - Get Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) 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 firm had revenue of $119.80 billion during the quarter, compared to analyst estimates of $117.07 billion. As a group, equities research analysts anticipate that Alphabet Inc. will post 20.55 EPS for the current fiscal year.

Alphabet Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 14th. Investors of record on Monday, September 7th were issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis 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 currently 4.42%.

Insider Buying and Selling

In other Alphabet news, Director Frances Arnold sold 83 shares of the 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 transaction, the director directly owned 19,076 shares in the company, valued at $6,494,424.20. This trade represents a 0.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of Alphabet stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $18.90, for a total transaction of $2,232,808.20. The disclosure for this sale is available in the SEC filing. Insiders sold 441,399 shares of company stock worth $8,677,053 in the last quarter. 11.61% of the stock is owned by insiders.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s strong earnings-surprise history and favorable analyst estimate trends suggest the company may outperform consensus again in its next quarterly report, supporting the shares. Will Alphabet Beat Estimates Again
• Positive Sentiment: Coverage highlights accelerating Google Cloud revenue, a large backlog and multiple AI monetization channels spanning advertising, cloud contracts and subscriptions. A reported launch of Gemini 4 Argon, aimed at complex enterprise tasks, could strengthen Alphabet’s competitive position if adoption follows. AI Boom Could Make Alphabet a Bigger Business Google Unveils Gemini 4 Argon
• Positive Sentiment: Alphabet’s investment in Anthropic could benefit if a future Anthropic public offering provides a higher valuation or additional capital for computing infrastructure, potentially creating value for Alphabet and other technology suppliers. Winners From an Anthropic IPO
• Neutral Sentiment: Google executives are scheduled to testify at a New York City Council hearing on AI risks. The event may increase regulatory scrutiny, although no immediate financial impact was announced. AI Risks Hearing
• Negative Sentiment: Several law firms announced a securities class action concerning purchases made between May 19 and July 16, 2026. The allegations include misleading disclosures about Gemini 3.5 Pro’s training performance and potential launch delays. The notices are largely investor-solicitation announcements, but the litigation adds reputational and legal risk. Alphabet Securities Class Action
• Negative Sentiment: Alphabet faces a proposed £1 billion UK consumer claim alleging that Google Play Store commissions of up to 30% violate competition law, adding to regulatory uncertainty around its app-store practices. Google Play Store UK Legal Claim
• Negative Sentiment: Recent analysis emphasizes that Alphabet’s quarterly capital expenditures more than doubled year over year, pressuring free cash flow and raising concerns that AI spending could weigh on shareholder returns before the investment generates sufficient profits. Alphabet Negative Free Cash Flow

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on GOOGL shares. BMO Capital Markets set a $465.00 price objective on shares of Alphabet and gave the company an "outperform" rating in a research report on Thursday, July 23rd. Weiss Ratings reiterated a "buy (b)" rating on shares of Alphabet in a research note on Friday, July 17th. Wedbush reissued an "outperform" rating and issued a $445.00 price target on shares of Alphabet in a report on Thursday, July 23rd. Rosenblatt Securities restated a "buy" rating and set a $410.00 price target on shares of Alphabet in a research report on Thursday, September 3rd. Finally, Wells Fargo & Company set a $411.00 price target on shares of Alphabet and gave the stock an "overweight" rating in a report on Thursday, July 23rd. Five equities research 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 MarketBeat.com, Alphabet has an average rating of "Buy" and a consensus price target of $425.60.

About Alphabet

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.

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