Alphabet Inc. $GOOGL Shares Sold by Schaper Benz & Wise Investment Counsel Inc. WI

Key Points

• Schaper Benz & Wise Investment Counsel reduced its Alphabet stake by 1.5% in the third quarter, selling 1,894 shares. The fund still held 126,190 shares worth approximately $43.4 million, representing 2.7% of its portfolio.
• Alphabet shares opened at $351.66, near their 50-day and 200-day moving averages. The company recently reported quarterly revenue of $119.8 billion and earnings of $9.11 per share, significantly exceeding analyst expectations.
• Analyst sentiment remains broadly positive, with a consensus “Buy” rating and an average price target of $425.72. Investors are also watching Alphabet’s AI expansion, including Gemini Agent and planned data-center investments, while insiders have sold $8.7 million of shares over the past 90 days.

Schaper Benz & Wise Investment Counsel Inc. WI decreased its holdings in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 1.5% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 126,190 shares of the information services provider's stock after selling 1,894 shares during the quarter. Alphabet accounts for about 2.7% of Schaper Benz & Wise Investment Counsel Inc. WI's investment portfolio, making the stock its 8th largest position. Schaper Benz & Wise Investment Counsel Inc. WI's holdings in Alphabet were worth $43,420,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Strategic Wealth Advisors LLC increased its stake in Alphabet by 6.0% in the 1st quarter. Strategic Wealth Advisors LLC now owns 477 shares of the information services provider's stock valued at $137,000 after buying an additional 27 shares during the period. Rockbridge Investment Management LCC raised its stake in Alphabet by 0.5% during the 1st quarter. Rockbridge Investment Management LCC now owns 5,460 shares of the information services provider's stock valued at $1,570,000 after purchasing an additional 27 shares during the last quarter. Ruggaard & Associates LLC lifted its position in shares of Alphabet by 0.9% in the 1st quarter. Ruggaard & Associates LLC now owns 2,921 shares of the information services provider's stock worth $840,000 after acquiring an additional 27 shares during the period. Cadia Private Client LLC lifted its stake in Alphabet by 1.1% during the first quarter. Cadia Private Client LLC now owns 2,589 shares of the information services provider's stock worth $744,000 after purchasing an additional 28 shares during the period. Finally, Evansbrook LLC boosted its stake in shares of Alphabet by 0.3% in the 1st quarter. Evansbrook LLC now owns 9,522 shares of the information services provider's stock valued at $2,738,000 after purchasing an additional 28 shares in the last quarter. Institutional investors and hedge funds own 40.03% of the company's stock.

Insider Buying and Selling

In other Alphabet news, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the business's stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $18.90, for a total value of $2,232,808.20. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, 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 of the company's stock, valued at $6,494,424.20. This represents a 0.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 441,399 shares of company stock worth $8,677,053. Insiders own 11.61% of the company's stock.

Alphabet Trading Up 1.0%

Shares of Alphabet stock opened at $351.66 on Friday. Alphabet Inc. has a 52 week low of $235.84 and a 52 week 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 50 day moving average price of $345.90 and a two-hundred day moving average price of $349.18. The stock has a market capitalization of $4.30 trillion, a PE ratio of 17.66, a price-to-earnings-growth ratio of 1.02 and a beta of 1.21.

Alphabet (NASDAQ:GOOGL - Get Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share for the quarter, beating analysts' consensus estimates of $2.89 by $6.22. The company 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 analysts anticipate that Alphabet Inc. will post 20.54 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The business 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 yield of 0.3%. The ex-dividend date was Friday, September 4th. Alphabet's dividend payout ratio (DPR) is 4.42%.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet unveiled Gemini Agent, an AI system designed to complete multistep tasks across Gmail, Docs, Sheets, Calendar and third-party platforms such as Microsoft 365, Salesforce Slack, Jira and Snowflake. The enterprise focus could support Google Cloud growth and create new Workspace monetization opportunities. Alphabet Introduces Gemini Agent—Can It Trigger a Breakout?
• Positive Sentiment: TD Cowen raised its Alphabet price target to $485 while maintaining a Buy rating after the Gemini Agent announcement. Other coverage continues to be broadly bullish, with analysts citing Alphabet’s valuation, advertising business, cloud expansion and AI potential. Alphabet Introduces Gemini Agent—Can It Trigger a Breakout?
• Positive Sentiment: Employees are reportedly testing Gemini 4 Carbon, a newer internal model that could improve Alphabet’s competitiveness against OpenAI and Anthropic if it delivers better performance. The report is speculative, but it reinforces expectations for continued AI investment. Google is about to roll out a new AI model
• Positive Sentiment: Alphabet’s reported roughly $13 billion Nordic AI data-center investment highlights access to reliable, lower-cost power and could help address U.S. permitting and grid constraints, though the spending also raises capital-intensity concerns. Google's $13 Billion Nordic Bet

Analyst Ratings Changes

Several research firms have issued reports on GOOGL. Phillip Securities raised Alphabet from a "moderate buy" rating to a "strong-buy" rating in a report on Monday, July 27th. Wells Fargo & Company reissued an "overweight" rating and issued a $417.00 price target (up from $411.00) on shares of Alphabet in a research note on Tuesday. UBS Group lowered their target price on shares of Alphabet from $400.00 to $379.00 and set a "neutral" rating on the stock in a report on Thursday, July 23rd. Wall Street Zen cut shares of Alphabet from a "buy" rating to a "hold" rating in a research note on Saturday, August 1st. Finally, Morgan Stanley set a $400.00 price objective on Alphabet and gave the stock an "overweight" rating in a research note on Thursday, July 23rd. Five investment analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $425.72.

Alphabet Company 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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