Alphabet Inc. $GOOGL Shares Sold by Stock Yards Bank & Trust Co.

Key Points

• Stock Yards Bank & Trust Co. trimmed its Alphabet stake by 2.4%, selling 11,355 shares to hold 467,033 shares worth $146.18 million, making Alphabet about 4.5% of the firm's portfolio and its third-largest holding.
• Major institutions have been adding to GOOGL while analysts have raised targets and ratings, leaving a MarketBeat consensus of “Moderate Buy” with an average price target of $368.25 (some targets now up to $415).
• Alphabet recently beat quarterly estimates (EPS $2.82 vs. $2.57; revenue $113.83B), declared a $0.21 quarterly dividend, but insiders have been net sellers (CEO Sundar Pichai sold 32,500 shares; ~2.07M shares sold in the last 90 days).

Stock Yards Bank & Trust Co. reduced its position in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 2.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 467,033 shares of the information services provider's stock after selling 11,355 shares during the period. Alphabet comprises about 4.5% of Stock Yards Bank & Trust Co.'s investment portfolio, making the stock its 3rd largest holding. Stock Yards Bank & Trust Co.'s holdings in Alphabet were worth $146,181,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. State Street Corp boosted its position in Alphabet by 1.8% during the second quarter. State Street Corp now owns 229,954,269 shares of the information services provider's stock valued at $40,524,841,000 after purchasing an additional 4,008,374 shares during the last quarter. Capital World Investors boosted 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 valued at $12,910,542,000 after purchasing an additional 11,605,785 shares during the last quarter. Capital Research Global Investors boosted its position in Alphabet by 15.7% during the third quarter. Capital Research Global Investors now owns 50,732,476 shares of the information services provider's stock valued at $12,333,076,000 after purchasing an additional 6,874,381 shares during the last quarter. Invesco Ltd. boosted its position in Alphabet by 2.3% during the third quarter. Invesco Ltd. now owns 45,186,112 shares of the information services provider's stock valued at $10,984,744,000 after purchasing an additional 1,034,292 shares during the last quarter. Finally, Legal & General Group Plc boosted its position in Alphabet by 1.0% during the third quarter. Legal & General Group Plc now owns 39,250,829 shares of the information services provider's stock valued at $9,541,877,000 after purchasing an additional 392,547 shares during the last quarter. 40.03% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

GOOGL has been the subject of several recent research reports. Arete Research increased their price target on Alphabet from $380.00 to $405.00 and gave the company a "buy" rating in a research report on Wednesday, February 11th. Barclays reissued an "overweight" rating and set a $360.00 price target (up from $315.00) on shares of Alphabet in a research report on Thursday, February 5th. Argus increased their price target on Alphabet from $365.00 to $385.00 and gave the company a "buy" rating in a research report on Friday, February 6th. Royal Bank Of Canada increased their price target on Alphabet from $375.00 to $400.00 and gave the company an "outperform" rating in a research report on Thursday, February 5th. Finally, Tigress Financial set a $415.00 price target on Alphabet and gave the company a "strong-buy" rating in a research report on Thursday, February 19th. Two equities research 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 stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $368.25.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: DBS raised its price target on Alphabet to $400 and reiterated a Buy rating, signaling incremental analyst conviction and potential upside from AI and cloud growth. DBS Bank adjusts price target on Alphabet to $400 from $360; maintains buy rating
• Positive Sentiment: An analyst upgrade was reported today, supporting the stock’s rally by boosting short‑term investor sentiment. Alphabet NASDAQ: GOOGL Stock Price Up 1.3% on Analyst Upgrade
• Positive Sentiment: Alphabet secured a long‑term power supply deal for a large Indiana data center with NiSource, reducing energy supply uncertainty for Cloud/data‑center expansion. NiSource signs long-term power deal with Alphabet, expands Amazon agreement
• Positive Sentiment: Product/AI momentum: Google is rolling out photo integration to Gemini (and Nano Banana), which strengthens consumer AI features and engagement pathways that can feed monetization. Google will let users connect their photos to the Gemini chatbot and Nano Banana
• Neutral Sentiment: Speculative models predict further upside into month‑end, but machine‑learning forecasts are noisy and should be treated as sentiment indicators rather than fundamentals. Machine learning algorithm predicts Google stock price on April 30, 2026
• Neutral Sentiment: Alphabet is reportedly in talks with the U.S. Department of Defense on deploying Gemini in classified settings — a potential revenue/strategic win but with contractual/clearing complexities. Google, Pentagon discuss classified AI deal, the Information reports
• Neutral Sentiment: Zacks and other outlets continue to flag Alphabet as a long‑term growth name given AI and cloud leadership; useful for conviction but already priced into the rally. Why Alphabet (GOOGL) is a Top Growth Stock for the Long-Term
• Negative Sentiment: Regulatory risk: the European Commission has outlined measures under the DMA that would force Google to share search and AI chat data with rivals — this could pressure search advantage and ad economics in Europe. Google should allow third-party search engines access to data, EU says
• Negative Sentiment: Cost and margin risks: analysts warn that 2026 capex, higher depreciation and energy costs could squeeze margins and free cash flow even as revenue growth from AI/cloud accelerates. Alphabet Shares Rise 7% YTD: Buy, Sell, or Hold the GOOGL Stock?

Alphabet Trading Up 1.7%

Shares of Alphabet stock opened at $341.68 on Friday. The business has a fifty day simple moving average of $306.82 and a two-hundred day simple moving average of $301.36. Alphabet Inc. has a 1 year low of $146.10 and a 1 year high of $349.00. The company has a market capitalization of $4.13 trillion, a price-to-earnings ratio of 31.61, a P/E/G ratio of 2.07 and a beta of 1.12. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01.

Alphabet (NASDAQ:GOOGL - Get Free Report) last announced its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.57 by $0.25. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The business had revenue of $113.83 billion during the quarter, compared to the consensus estimate of $111.24 billion. Research analysts forecast that Alphabet Inc. will post 8.9 EPS for the current year.

Alphabet Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 9th were issued a dividend of $0.21 per share. The ex-dividend date of this dividend was Monday, March 9th. This represents a $0.84 annualized dividend and a yield of 0.2%. Alphabet's dividend payout ratio (DPR) is currently 7.77%.

Insider Buying and Selling at Alphabet

In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of the firm's stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $307.89, for a total transaction of $10,006,425.00. Following the completion of the sale, the chief executive officer owned 1,642,060 shares of the company's stock, valued at $505,573,853.40. This trade represents a 1.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Frances Arnold sold 112 shares of the firm's stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $302.99, for a total value of $33,934.88. Following the sale, the director directly owned 18,418 shares of the company's stock, valued at $5,580,469.82. This represents a 0.60% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 2,069,794 shares of company stock worth $104,854,147. 11.64% of the stock is currently owned by corporate insiders.

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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