Alphabet Inc. $GOOGL Stock Sold by Seilern Investment Management Ltd

Key Points

• Seilern Investment Management reduced its Alphabet position by 1.6%, selling 1,904 shares in the third quarter and retaining 119,522 shares valued at approximately $41.1 million.
• Alphabet’s outlook is supported by the rollout of its Gemini 4 Argon AI model and potential value from internally developed AI chips, though investors remain concerned about heavy data-center spending and the pace of cash-flow returns.
• GOOGL shares rose 0.6% to $354.99, while analysts maintained a broadly bullish view with a consensus “Buy” rating and an average price target of $425.72; insider selling and proposed securities-fraud litigation remain risks.

Seilern Investment Management Ltd reduced its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 1.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 119,522 shares of the information services provider's stock after selling 1,904 shares during the quarter. Alphabet accounts for about 5.1% of Seilern Investment Management Ltd's holdings, making the stock its 11th biggest holding. Seilern Investment Management Ltd's holdings in Alphabet were worth $41,125,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of GOOGL. EMC Capital Management acquired a new stake in shares of Alphabet in the 4th quarter valued at approximately $33,000. Lifetime Wealth Management P.C. acquired a new position in Alphabet during the 4th quarter worth approximately $32,000. Core Capital Management & Research inc. bought a new position in Alphabet in the 2nd quarter valued at approximately $41,000. Premier Financial Group bought a new position in Alphabet in the 2nd quarter valued at approximately $45,000. Finally, Bard Associates Inc. acquired a new stake in Alphabet in the fourth quarter valued at approximately $52,000. 40.03% of the stock is owned by institutional investors and hedge funds.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Gemini 4 Argon launch strengthens Alphabet’s AI position. Google began rolling out its latest flagship model to paying users, highlighting capabilities in coding, finance and legal work. The release may ease concerns about competition from Anthropic and other AI developers. Google launches flagship AI model Gemini 4 Argon
• Positive Sentiment: Analysts see a major opportunity in Alphabet’s internally developed AI chips. One estimate suggests the chip business could unlock as much as $100 billion in value by 2028, while investors continue to watch Google Cloud growth, AI demand and capital spending. Alphabet could unlock $100 billion from AI chips
• Positive Sentiment: Google is expanding its ecosystem. Private app distribution through Google Play and new Fitbit health products could increase Android engagement, subscriptions and long-term platform monetization. Google Play private apps
• Neutral Sentiment: Investors remain divided over AI spending. Alphabet’s cloud backlog and AI adoption support the growth outlook, but the company is committing heavily to data centers. Reported second-quarter EPS benefited substantially from a paper gain, raising questions about how quickly investments are translating into operating cash flow. Alphabet cloud growth and paper EPS gain
• Negative Sentiment: Several law firms are promoting securities-fraud litigation against Alphabet. The lawsuits allege that Alphabet misrepresented progress on its Gemini 3.5 Pro model before a sharp stock decline. The claims create legal and reputational overhang, although no outcome has been determined. Alphabet securities-fraud class action

Insider Activity

In other Alphabet news, CAO Marsida Saraci sold 449 shares of the firm's stock in a transaction 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 directly owned 27,386 shares in the company, valued at approximately $9,125,015.20. This trade represents a 1.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the firm's stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $18.90, for a total transaction of $2,232,808.20. The SEC filing for this sale provides additional information. Insiders sold 441,399 shares of company stock worth $8,677,053 in the last quarter. 11.61% of the stock is owned by corporate insiders.

Alphabet Trading Up 0.6%

Shares of GOOGL stock traded up $2.27 during mid-day trading on Tuesday, hitting $354.99. The company's stock had a trading volume of 12,705,004 shares, compared to its average volume of 30,548,918. The company has a market cap of $4.34 trillion, a PE ratio of 17.83, a P/E/G ratio of 1.02 and a beta of 1.21. 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 company's fifty day simple moving average is $345.48 and its 200-day simple moving average is $349.96. Alphabet Inc. has a 52 week low of $240.51 and a 52 week high of $408.61.

Alphabet (NASDAQ:GOOGL - Get Free Report) last announced its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, beating the consensus estimate of $2.89 by $6.22. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. The company had revenue of $119.80 billion for the quarter, compared to analyst estimates of $117.07 billion. As a group, equities research analysts expect 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. Stockholders of record on Monday, September 7th were paid a $0.22 dividend. The ex-dividend date was Friday, September 4th. This represents a $0.88 annualized dividend and a dividend yield of 0.2%. Alphabet's payout ratio is currently 4.42%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on GOOGL shares. Benchmark reaffirmed a "buy" rating on shares of Alphabet in a research note on Thursday, October 1st. Wedbush reissued an "outperform" rating and set a $445.00 price objective on shares of Alphabet in a report on Thursday, July 23rd. Truist Financial set a $420.00 price target on Alphabet and gave the company a "buy" rating in a research note on Thursday, July 23rd. Citizens Jmp restated a "market outperform" rating and set a $515.00 price target on shares of Alphabet in a report on Wednesday, July 22nd. Finally, Freedom Capital raised Alphabet from a "hold" rating to a "strong-buy" rating in a research note on Thursday, July 23rd. Five investment 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.com, the stock presently has a consensus rating of "Buy" and an average target price 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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