Alphabet Inc. $GOOGL Stock Sold by MassMutual Private Wealth & Trust FSB

Key Points

• MassMutual Private Wealth & Trust FSB reduced its Alphabet stake by 5.5% in the third quarter, selling 15,344 shares and retaining 264,010 shares worth approximately $90.8 million. Institutional investors and hedge funds collectively own about 40.03% of Alphabet.
• Alphabet reported quarterly earnings of $9.11 per share, significantly exceeding the $2.89 analyst consensus, while revenue reached $119.8 billion. Analysts maintain a consensus “Buy” rating with an average price target of $425.60, compared with a recent share price of $343.50.
• Alphabet’s AI growth opportunity is balanced by rising investment risks: new Gemini capabilities and Google Cloud expansion could support future growth, but surging capital expenditures are pressuring free cash flow, while regulatory and litigation challenges remain elevated.

MassMutual Private Wealth & Trust FSB trimmed its holdings in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 5.5% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 264,010 shares of the information services provider's stock after selling 15,344 shares during the period. Alphabet accounts for about 2.3% of MassMutual Private Wealth & Trust FSB's holdings, making the stock its 8th biggest holding. MassMutual Private Wealth & Trust FSB's holdings in Alphabet were worth $90,841,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. State Street Corp lifted its stake in Alphabet by 5.6% in the 2nd quarter. State Street Corp now owns 238,977,259 shares of the information services provider's stock worth $85,403,303,000 after purchasing an additional 12,718,127 shares in the last quarter. Diamant Asset Management Inc. grew its position in shares of 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 purchasing an additional 9,259,940 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in shares of Alphabet by 90.9% in the first quarter. Arrowstreet Capital Limited Partnership now owns 17,040,373 shares of the information services provider's stock valued at $4,900,078,000 after purchasing an additional 8,112,680 shares during the last quarter. Corient Private Wealth LLC increased its holdings in shares of Alphabet by 127.9% in the fourth quarter. Corient Private Wealth LLC now owns 11,677,886 shares of the information services provider's stock valued at $3,655,178,000 after purchasing an additional 6,554,842 shares during the last quarter. Finally, T. Rowe Price Investment Management Inc. lifted its position in Alphabet by 45.8% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 13,737,125 shares of the information services provider's stock worth $4,299,721,000 after buying an additional 4,313,745 shares in the last quarter. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Alphabet Price Performance

Shares of NASDAQ:GOOGL opened at $343.50 on Monday. The company has a market capitalization of $4.20 trillion, a price-to-earnings ratio of 17.25, a PEG ratio of 0.99 and a beta of 1.21. Alphabet Inc. has a 12-month low of $235.84 and a 12-month high of $408.61. The business has a 50-day moving average price of $344.74 and a 200 day moving average price of $348.00. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16.

Alphabet (NASDAQ:GOOGL - Get Free Report) last posted its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS 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 analysts' expectations of $117.07 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. Sell-side analysts expect that Alphabet Inc. will post 20.55 EPS for the current year.

Alphabet Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 14th. Stockholders of record on Monday, September 7th were paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Friday, September 4th. Alphabet's payout ratio is 4.42%.

Analyst Ratings Changes

A number of research firms have weighed in on GOOGL. DA Davidson set a $350.00 price objective on Alphabet and gave the stock a "neutral" rating in a research note on Thursday, July 23rd. Pivotal Research reaffirmed a "buy" rating and issued a $475.00 target price (up from $470.00) on shares of Alphabet in a research note on Thursday, July 23rd. Morgan Stanley set a $400.00 price target on Alphabet and gave the stock an "overweight" rating in a report on Thursday, July 23rd. Rosenblatt Securities reissued a "buy" rating and set a $410.00 price target on shares of Alphabet in a research report on Thursday, September 3rd. Finally, Wells Fargo & Company set a $411.00 price objective on shares of Alphabet and gave the company an "overweight" rating in a report on Thursday, July 23rd. Five equities research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Buy" and an average price target of $425.60.

Insider Transactions at Alphabet

In related news, CAO Marsida Saraci sold 449 shares of Alphabet stock in a transaction that occurred 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 completion of the sale, the chief accounting officer 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 document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Frances Arnold sold 83 shares of the business's stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total value of $28,257.35. Following the completion of the sale, the director directly owned 19,076 shares in the company, valued at approximately $6,494,424.20. The trade was a 0.43% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 441,399 shares of company stock worth $8,677,053. 11.61% of the stock is currently owned by insiders.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: New Gemini model could strengthen Google’s enterprise AI position. Alphabet unveiled Gemini 4 Argon, designed to handle complex, multistep work in software engineering, cybersecurity, financial research and legal services. A successful enterprise rollout could support cloud growth and create new monetization opportunities. Google unveils Gemini 4 Argon as AI race shifts to autonomous work
• Positive Sentiment: Profit growth supports the bullish long-term thesis. Alphabet’s operating income reportedly increased 30% year over year in each of the first two quarters of 2026. Analysts and investors are increasingly suggesting that continued earnings growth could eventually push the company toward a $5 trillion valuation. Prediction: Alphabet’s Profit Growth Carries It to $5 Trillion Before 2028
• Positive Sentiment: Alphabet could benefit from an eventual Anthropic IPO. As an investor in Anthropic, Alphabet may realize substantial returns if the AI company goes public. Anthropic’s additional capital could also increase demand for cloud computing and AI infrastructure, areas in which Alphabet participates. 4 Major Winners From an Anthropic IPO
• Positive Sentiment: Free AI video tools may drive usage of Google’s ecosystem. Making Google Vids available at no cost could increase Gemini adoption and generate more demand for storage, cloud services and content delivery.
• Neutral Sentiment: Google Cloud remains a key strategic trade-off. Google Cloud is growing faster than Amazon’s cloud business, but Amazon currently generates substantially more cloud operating profit. The comparison highlights both Alphabet’s growth opportunity and the heavy investment required to compete in AI infrastructure. Amazon vs. Alphabet: Which AI Cloud Stock Makes the Better Case After the Spending Bill?
• Negative Sentiment: AI spending is pressuring free cash flow. Alphabet’s second-quarter capital expenditures surged roughly 100% year over year to $44.92 billion. Reports warn that free cash flow could turn materially negative, including a projected $32.4 billion deficit in 2027, raising concerns about returns on AI investment. Alphabet Reported Negative Free Cash Flow for the First Time Ever
• Negative Sentiment: Regulatory and litigation exposure remains elevated. Google executives are scheduled to testify before New York City officials about AI risks, while UK consumers are pursuing a £1 billion claim alleging excessive Play Store commissions. These developments could increase compliance costs or constrain monetization. Google faces £1 billion legal claim from UK consumers over Play Store fees

About Alphabet

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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