Alphabet Inc. $GOOGL Shares Sold by Brown Shipley& Co Ltd

Key Points

• Brown Shipley & Co. reduced its Alphabet position by 12% in the first quarter, selling 4,998 shares and retaining 36,825 shares valued at approximately $10.6 million. Alphabet remains the firm’s fourth-largest holding, representing 6.4% of its portfolio.
• Alphabet reported stronger-than-expected quarterly results, with $119.8 billion in revenue and $9.11 in earnings per share, supported by growth in Search, YouTube and Google Cloud. However, higher 2026 capital-spending guidance, negative free cash flow and a roughly $1 billion EU regulatory fine remain key investor concerns.
• Analysts maintain a broadly positive view, with a consensus “Buy” rating and an average price target of $419.86. Separately, Alphabet insiders sold 159,415 shares worth about $7.7 million over the past three months.

Brown Shipley& Co Ltd trimmed its holdings in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 12.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,825 shares of the information services provider's stock after selling 4,998 shares during the quarter. Alphabet comprises approximately 6.4% of Brown Shipley& Co Ltd's portfolio, making the stock its 4th largest holding. Brown Shipley& Co Ltd's holdings in Alphabet were worth $10,589,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. EMC Capital Management purchased a new position in Alphabet during the fourth quarter worth approximately $33,000. Lifetime Wealth Management P.C. purchased a new stake in Alphabet in the 4th quarter valued at $32,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of Alphabet in the 4th quarter worth $38,000. Bard Associates Inc. acquired a new stake in shares of Alphabet in the 4th quarter worth $52,000. Finally, Kentucky Trust Co raised its holdings in shares of Alphabet by 142.9% during the 4th quarter. Kentucky Trust Co now owns 170 shares of the information services provider's stock worth $53,000 after acquiring an additional 100 shares during the period. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s Q2 results showed strong underlying demand, including an 82% surge in Google Cloud revenue and continued growth in Search and YouTube, reinforcing that its core businesses are still expanding. Google Cloud CEO Kurian says customers are spending 50% more as segment blows away expectations
• Positive Sentiment: Analysts at Barclays argued that a TPU-as-a-service offering could materially lift Alphabet’s long-term profitability, suggesting the market may be underestimating future AI monetization. TPU-As-A-Service could boost Google’s 2028 profit by over 15%: Barclays
• Positive Sentiment: Verizon signed a more than $1 billion dark-fiber deal to support Google’s data centers, underscoring ongoing infrastructure demand tied to Alphabet’s AI and cloud expansion. Verizon signs deal with Google worth over $1 billion
• Neutral Sentiment: Alphabet was included in a momentum screen highlighting stocks with strong earnings and favorable price trends, which is supportive but not a major stock-specific catalyst. 3 High-Momentum Stocks to Buy Now Before They Surge
• Neutral Sentiment: Short-interest data showed no meaningful short position, so this does not appear to be a major driver of the move.
• Negative Sentiment: Investors are worried that Alphabet’s AI spending is becoming too large, with the company increasing 2026 capex guidance and reporting negative free cash flow for the first time in years. Alphabet earnings takeaways: Q2 revenue beats, GOOGL stock sinks on 2026 capex hike
• Negative Sentiment: Alphabet also faced fresh regulatory pressure after the European Commission fined Google about $1 billion under the Digital Markets Act. Google hit with $1 billion EU fine, first under landmark rules
• Negative Sentiment: Waymo reportedly may try to end its partnership with Uber, which could create uncertainty around one of Alphabet’s autonomous-driving distribution channels. Waymo reportedly mulling a breakup with Uber

Insider Activity

In related news, insider John Kent Walker sold 8,998 shares of Alphabet stock in a transaction that occurred on Monday, June 29th. The shares were sold at an average price of $349.29, for a total value of $3,142,911.42. Following the completion of the sale, the insider owned 75,290 shares in the company, valued at approximately $26,298,044.10. This trade represents a 10.68% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Frances Arnold sold 112 shares of the business's stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $351.28, for a total value of $39,343.36. Following the completion of the sale, the director directly owned 18,833 shares in the company, valued at approximately $6,615,656.24. The trade was a 0.59% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 159,415 shares of company stock worth $7,672,279 in the last three months. 11.61% of the stock is currently owned by corporate insiders.

Alphabet Stock Performance

NASDAQ GOOGL opened at $319.74 on Monday. The firm's 50-day moving average is $362.93 and its two-hundred day moving average is $338.90. Alphabet Inc. has a 12 month low of $187.82 and a 12 month high of $408.61. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. The stock has a market capitalization of $3.87 trillion, a P/E ratio of 16.06, a PEG ratio of 1.06 and a beta of 1.24.

Alphabet (NASDAQ:GOOGL - Get Free Report) last announced 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. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The company had revenue of $119.80 billion during the quarter, compared to analyst estimates of $117.07 billion. On average, sell-side analysts anticipate that Alphabet Inc. will post 17.59 earnings per share for the current year.

Alphabet Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 14th. Investors of record on Monday, September 7th will be given a dividend of $0.22 per share. 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 0.3%. Alphabet's dividend payout ratio (DPR) is presently 4.42%.

Analyst Ratings Changes

GOOGL has been the topic of several recent research reports. Daiwa Securities Group boosted their price target on shares of Alphabet from $380.00 to $445.00 and gave the company a "buy" rating in a research report on Tuesday, May 5th. KeyCorp lifted their target price on shares of Alphabet from $425.00 to $445.00 and gave the stock an "overweight" rating in a research note on Friday, July 10th. Needham & Company LLC reiterated a "buy" rating and issued a $450.00 target price on shares of Alphabet in a report on Wednesday, June 3rd. Citigroup reiterated an "outperform" rating on shares of Alphabet in a report on Monday, May 4th. Finally, Dbs Bank increased their price target on shares of Alphabet from $400.00 to $460.00 in a research note on Thursday, May 7th. Five analysts have rated the stock with a Strong Buy rating, forty-five have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of $419.86.

Alphabet Company 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.

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