Alphabet Inc. $GOOGL Shares Sold by Arvest Bank Trust Division

Key Points

• Arvest Bank Trust Division reduced its Alphabet stake by 2.5% in the first quarter, selling 3,164 shares and retaining 123,932 shares valued at approximately $35.6 million. Institutional investors and hedge funds own about 40% of Alphabet.
• Alphabet reported a strong quarter, with earnings of $9.11 per share and revenue of $119.8 billion, exceeding analyst expectations. Analysts maintain a “Buy” consensus with an average price target of $419.86.
• Alphabet’s AI momentum is supported by growth in Google Cloud, Gemini and custom TPUs, but rising AI infrastructure spending—potentially up to $205 billion in 2026—could pressure cash flow, while product-governance concerns and insider selling remain modest headwinds.

Arvest Bank Trust Division cut its stake in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 2.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 123,932 shares of the information services provider's stock after selling 3,164 shares during the quarter. Alphabet accounts for 1.9% of Arvest Bank Trust Division's portfolio, making the stock its 15th largest holding. Arvest Bank Trust Division's holdings in Alphabet were worth $35,638,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of GOOGL. NewEdge Wealth LLC grew its position in Alphabet by 11.8% during the 4th quarter. NewEdge Wealth LLC now owns 887,209 shares of the information services provider's stock worth $277,696,000 after purchasing an additional 93,293 shares in the last quarter. PFG Investments LLC raised its stake in Alphabet by 2.6% during the 1st quarter. PFG Investments LLC now owns 89,299 shares of the information services provider's stock valued at $25,679,000 after purchasing an additional 2,269 shares during the period. Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust purchased a new stake in shares of Alphabet in the fourth quarter valued at $28,902,000. Private Advisory Group LLC boosted its position in shares of Alphabet by 12.2% in the fourth quarter. Private Advisory Group LLC now owns 24,717 shares of the information services provider's stock worth $7,736,000 after buying an additional 2,678 shares during the period. Finally, W.G. Shaheen & Associates DBA Whitney & Co boosted its position in shares of Alphabet by 17.1% in the fourth quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 118,966 shares of the information services provider's stock worth $37,236,000 after buying an additional 17,415 shares during the period. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Alphabet Stock Performance

Shares of NASDAQ GOOGL opened at $356.13 on Friday. The business's 50-day simple moving average is $357.79 and its 200-day simple moving average is $339.30. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. Alphabet Inc. has a 52 week low of $187.82 and a 52 week high of $408.61. The firm has a market cap of $4.36 trillion, a price-to-earnings ratio of 17.89, a P/E/G ratio of 1.00 and a beta of 1.24.

Alphabet (NASDAQ:GOOGL - Get Free Report) last posted its 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. The firm had revenue of $119.80 billion during the quarter, compared to analyst estimates of $117.07 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. As a group, equities research analysts expect that Alphabet Inc. will post 20.51 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, September 14th. Stockholders of record on Monday, September 7th will be given a $0.22 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.2%. Alphabet's dividend payout ratio (DPR) is currently 4.42%.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s custom Tensor Processing Units (TPUs) are increasingly viewed as credible alternatives to Nvidia chips. That could reduce Google’s dependence on external suppliers and create a potential external chip-revenue opportunity. Alphabet and Amazon custom AI chips
• Positive Sentiment: Recent commentary highlights Alphabet’s record quarter, strong Google Cloud growth, Gemini adoption and enterprise AI demand. Analysts and value-focused investors continue to view GOOGL as comparatively inexpensive among large technology and AI companies. Alphabet AI investment and valuation
• Positive Sentiment: Google is reportedly supporting a $15 billion Anthropic data-center project with chips and financial guarantees, while Oracle is expanding its partnership to bring Gemini models to enterprise applications. These initiatives could drive Google Cloud demand and strengthen Alphabet’s AI ecosystem. Anthropic data center backed by Google
• Neutral Sentiment: Alphabet’s reported quarterly earnings and revenue beat consensus estimates by wide margins, supporting the fundamental case, although investors remain focused on whether AI growth will translate into sufficient cash returns.
• Negative Sentiment: Alphabet withdrew its Google Earth AI image-generation feature only one day after launch following criticism that fabricated imagery could spread misinformation. The quick reversal limits immediate product risk but raises questions about AI governance and rollout discipline. Google Earth AI feature withdrawn
• Negative Sentiment: The AI buildout is becoming increasingly expensive. Alphabet is targeting up to $205 billion in 2026 capital expenditures, while rising memory and infrastructure costs are pressuring cash flow and increasing future depreciation. AI buildout costs and cash flow
• Negative Sentiment: Recent insider sales were small relative to the executives’ remaining holdings, but they provide a modest sentiment headwind. Separately, investor-law-firm investigations could create additional legal and reputational overhang. Alphabet director stock sale

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on GOOGL shares. Citigroup reiterated an "outperform" rating on shares of Alphabet in a report on Monday, May 4th. Canaccord Genuity Group raised their price objective on Alphabet from $415.00 to $450.00 and gave the stock a "buy" rating in a research report on Thursday, April 30th. Rosenblatt Securities reaffirmed a "neutral" rating and set a $393.00 target price on shares of Alphabet in a research note on Thursday, July 23rd. Barclays reissued an "overweight" rating and issued a $425.00 price target (up from $405.00) on shares of Alphabet in a research report on Thursday, July 23rd. Finally, Arete Research raised their price target on shares of Alphabet from $405.00 to $425.00 and gave the stock a "buy" rating in a report on Monday, May 18th. Six analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average price target of $419.86.

Insider Activity

In related news, CAO Marsida Saraci sold 449 shares of the firm's stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total value of $149,606.80. Following the transaction, the chief accounting officer directly owned 27,386 shares in the company, valued at approximately $9,125,015.20. This trade represents a 1.61% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of Alphabet stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $18.90, for a total transaction of $2,232,808.20. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 600,547 shares of company stock valued at $16,255,540 over the last three months. Corporate insiders own 11.61% of the company's stock.

About Alphabet

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.

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