Alphabet Inc. $GOOGL Shares Sold by Adelphi Trust Co

Key Points

• Adelphi Trust Co. reduced its Alphabet position by 11.5% in the third quarter, selling 1,780 shares and retaining 13,730 shares valued at approximately $4.7 million. Alphabet remains 3.2% of the firm’s portfolio and its eighth-largest holding.
• Alphabet reported quarterly EPS of $9.11, far exceeding the $2.89 consensus estimate, while revenue reached $119.8 billion. Analysts maintain a consensus “Buy” rating with an average price target of $425.60, compared with shares trading near $345.
• Alphabet’s outlook is supported by AI and Google Cloud growth, but heavy AI infrastructure spending and regulatory challenges—including a proposed £1 billion U.K. Play Store claim—remain key risks.

Adelphi Trust Co trimmed its position in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 11.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,730 shares of the information services provider's stock after selling 1,780 shares during the period. Alphabet makes up 3.2% of Adelphi Trust Co's portfolio, making the stock its 8th biggest holding. Adelphi Trust Co's holdings in Alphabet were worth $4,724,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Heartwood Wealth Advisors LLC lifted its position in shares of Alphabet by 3.3% during the 3rd quarter. Heartwood Wealth Advisors LLC now owns 11,196 shares of the information services provider's stock worth $3,852,000 after purchasing an additional 354 shares during the last quarter. Silverleafe Capital Partners LLC grew its holdings in Alphabet by 86.3% in the 3rd quarter. Silverleafe Capital Partners LLC now owns 1,146 shares of the information services provider's stock valued at $394,000 after buying an additional 531 shares during the last quarter. Miller Global Investments LLC grew its holdings in Alphabet by 16.4% in the 3rd quarter. Miller Global Investments LLC now owns 5,747 shares of the information services provider's stock valued at $1,977,000 after buying an additional 811 shares during the last quarter. Polaris Financial Partners bought a new position in Alphabet in the 3rd quarter worth approximately $2,262,000. Finally, Boltwood Capital Management lifted its holdings in shares of Alphabet by 2.1% during the third quarter. Boltwood Capital Management now owns 27,739 shares of the information services provider's stock worth $9,544,000 after buying an additional 565 shares during the last quarter. 40.03% of the stock is currently owned by institutional investors.

Alphabet Stock Performance

GOOGL stock traded up $1.82 during midday trading on Monday, hitting $345.32. The stock had a trading volume of 7,993,732 shares, compared to its average volume of 30,829,584. Alphabet Inc. has a 52 week low of $235.84 and a 52 week high of $408.61. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16. The stock has a 50-day simple moving average of $344.74 and a 200 day simple moving average of $348.00. The firm has a market capitalization of $4.22 trillion, a price-to-earnings ratio of 17.35, a P/E/G ratio of 0.99 and a beta of 1.21.

Alphabet (NASDAQ:GOOGL - Get Free Report) last announced its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.89 by $6.22. The firm had revenue of $119.80 billion for the quarter, compared to analyst estimates of $117.07 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. As a group, equities research analysts anticipate that Alphabet Inc. will post 20.55 earnings per share for the current year.

Alphabet Dividend Announcement

The firm also recently declared 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 yield of 0.3%. The ex-dividend date of this dividend was Friday, September 4th. Alphabet's dividend payout ratio is 4.42%.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google unveiled Gemini 4 Argon, an enterprise-focused AI model designed to perform complex, multistep work in software engineering, cybersecurity, finance, and legal services. A stronger product could support Google Cloud growth, subscriptions, and competitive positioning against OpenAI and Anthropic. Tech Bytes: Google unveils Gemini 4 Argon as AI race shifts to autonomous work
• Positive Sentiment: Recent commentary highlights Google Cloud’s rapid expansion, a substantial backlog, and Alphabet’s ability to monetize AI through cloud contracts, advertising, and paid subscriptions. Alphabet’s operating income reportedly rose 30% year over year in both first-half 2026 quarters, supporting the bullish case for continued earnings growth. Prediction: Alphabet's Profit Growth Carries It to $5 Trillion Before 2028
• Positive Sentiment: Alphabet’s investment in Anthropic could benefit shareholders if a potential IPO provides liquidity or increases Anthropic’s ability to purchase computing capacity, potentially benefiting Google Cloud and other AI infrastructure suppliers. 4 Major Winners From an Anthropic IPO
• Neutral Sentiment: Alphabet executives are scheduled to testify at a New York City Council hearing on AI risks. The event may increase visibility for Google’s AI efforts, but could also foreshadow additional compliance requirements. AI risks hearing
• Negative Sentiment: Alphabet’s capital expenditures reportedly doubled year over year to $44.92 billion in the second quarter, raising concerns that AI infrastructure spending could pressure free cash flow and shareholder returns before the investments generate sufficient profits. Alphabet Reported Negative Free Cash Flow
• Negative Sentiment: Google faces a proposed £1 billion U.K. consumer claim alleging that Play Store commissions of up to 30% violate competition law. An adverse outcome could create financial liability and add to Alphabet’s broader regulatory burden. Google faces UK Play Store legal claim

Insiders Place Their Bets

In other news, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $19.46, for a total value of $3,832,277.26. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Marsida Saraci sold 449 shares of the firm'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 value of $149,606.80. Following the transaction, the chief accounting officer owned 27,386 shares of the company's stock, valued at $9,125,015.20. This trade represents a 1.61% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 441,399 shares of company stock worth $8,677,053 over the last quarter. Company insiders own 11.61% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on GOOGL. Barclays reissued an "overweight" rating and issued a $425.00 price objective (up from $405.00) on shares of Alphabet in a research report on Thursday, July 23rd. Tigress Financial reissued a "strong-buy" rating and issued a $485.00 price target (up from $415.00) on shares of Alphabet in a report on Thursday, September 17th. Phillip Securities raised shares of Alphabet from a "moderate buy" rating to a "strong-buy" rating in a report on Monday, July 27th. Weiss Ratings restated a "buy (b)" rating on shares of Alphabet in a research report on Friday, July 17th. Finally, Wedbush restated an "outperform" rating and set a $445.00 price objective on shares of Alphabet in a report on Thursday, July 23rd. Five investment analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of $425.60.

Alphabet 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.

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