Alphabet Inc. $GOOGL Shares Sold by Meeder Asset Management Inc.

Key Points

• Meeder Asset Management cut its Alphabet stake by 19% in the first quarter, selling 1,578 shares and retaining 6,743 shares valued at approximately $1.94 million.
• Other major institutions, including Norges Bank, Vanguard and Capital World Investors, increased their Alphabet holdings; institutional investors collectively own about 40.03% of the company.
• Analysts remain bullish, with Alphabet holding a consensus “Buy” rating and an average price target of $419.86. The company also reported quarterly EPS of $9.11, well above the $2.89 consensus estimate, on revenue of $119.8 billion.

Meeder Asset Management Inc. decreased its holdings in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 19.0% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,743 shares of the information services provider's stock after selling 1,578 shares during the quarter. Meeder Asset Management Inc.'s holdings in Alphabet were worth $1,939,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Norges Bank purchased a new position in shares of Alphabet in the 4th quarter valued at about $30,534,239,000. Cardano Risk Management B.V. boosted its holdings in Alphabet by 855.3% during the fourth quarter. Cardano Risk Management B.V. now owns 14,525,280 shares of the information services provider's stock worth $4,546,413,000 after buying an additional 13,004,828 shares in the last quarter. Vanguard Group Inc. grew its position in Alphabet by 2.4% during the fourth quarter. Vanguard Group Inc. now owns 528,969,322 shares of the information services provider's stock worth $165,567,398,000 after buying an additional 12,531,695 shares during the period. Capital World Investors grew its position in Alphabet by 28.0% during the third quarter. Capital World Investors now owns 53,107,572 shares of the information services provider's stock worth $12,910,542,000 after buying an additional 11,605,785 shares during the period. Finally, Diamant Asset Management Inc. increased its holdings in Alphabet by 28,950.0% in the first 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. Institutional investors and hedge funds own 40.03% of the company's stock.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet is reportedly backing a potential $15 billion Texas data-center project tied to Anthropic, providing financial guarantees and chips. The project could strengthen Google Cloud’s AI infrastructure position and create additional demand for Alphabet’s services, although the guarantees also add financial exposure. Anthropic data center financing
• Positive Sentiment: Google said AI-assisted development enabled it to fix more Chrome security vulnerabilities in June than during the previous two years combined. Faster security improvements could support Chrome’s reliability and Google’s broader AI-productivity narrative. Google Chrome security improvements
• Positive Sentiment: Analyst sentiment remains broadly favorable: Erste Group raised its 2026 EPS forecast to $20.50 from $14.27, above the roughly $20.15 consensus, while other firms maintain bullish ratings and targets. Alphabet also expanded its Gemini partnership with Oracle, potentially widening enterprise AI distribution. Alphabet growth-stock analysis
• Neutral Sentiment: Microsoft’s strong Azure and Copilot results reinforce robust enterprise AI demand, but they also highlight the intense competition among hyperscalers and may raise investor expectations for Google Cloud.
• Negative Sentiment: Reddit’s CEO said Google’s AI Overviews have not replaced the referral value of traditional “10 blue links.” Reduced traffic to publishers could increase pressure on Google’s search ecosystem and raise questions about how AI summaries will protect advertising economics. Reddit CEO comments on Google AI Overviews
• Negative Sentiment: Alphabet faces additional sentiment headwinds from securities-law investigations and recent insider or major-shareholder stock sales. These filings are relatively small compared with Alphabet’s market value, but they can weigh on confidence during a post-earnings selloff.

Insider Activity

In other Alphabet news, Director Frances Arnold sold 82 shares of Alphabet stock in a transaction that occurred on Thursday, July 30th. The shares were sold at an average price of $333.39, for a total value of $27,337.98. Following the completion of the sale, the director directly owned 18,914 shares of the company's stock, valued at approximately $6,305,738.46. The trade was a 0.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the business's stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $18.90, for a total value of $2,232,808.20. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 600,547 shares of company stock worth $16,255,540 in the last three months. 11.61% of the stock is owned by insiders.

Analyst Ratings Changes

Several brokerages have recently commented on GOOGL. Sanford C. Bernstein reissued a "market perform" rating and set a $390.00 price target (up from $345.00) on shares of Alphabet in a research note on Thursday, April 30th. Evercore raised their price objective on Alphabet from $400.00 to $420.00 and gave the company an "outperform" rating in a research note on Thursday, April 30th. Susquehanna reaffirmed a "positive" rating and set a $460.00 price objective (up from $400.00) on shares of Alphabet in a report on Thursday, April 30th. Guggenheim reiterated a "buy" rating and set a $450.00 target price (up from $375.00) on shares of Alphabet in a research report on Thursday, April 30th. Finally, China Renaissance upped their target price on Alphabet from $400.00 to $485.00 and gave the company a "buy" rating in a report on Monday, May 4th. Six research analysts have rated the stock with a Strong Buy rating, forty-four have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus price target of $419.86.

Alphabet Price Performance

NASDAQ:GOOGL opened at $333.66 on Friday. The firm has a market cap of $4.04 trillion, a price-to-earnings ratio of 16.76, a price-to-earnings-growth ratio of 0.94 and a beta of 1.24. 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 company's 50-day moving average is $358.32 and its two-hundred day moving average is $339.18. Alphabet Inc. has a 12-month low of $187.82 and a 12-month high of $408.61.

Alphabet (NASDAQ:GOOGL - Get Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, topping analysts' consensus estimates of $2.89 by $6.22. The business had revenue of $119.80 billion during the quarter, compared to the consensus estimate of $117.07 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. Research analysts expect that Alphabet Inc. will post 20.52 EPS for the current year.

Alphabet Announces Dividend

The company also recently announced 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 is Friday, September 4th. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. Alphabet's dividend payout ratio (DPR) is 4.42%.

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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