American Trust Investment Advisors LLC Has $4.48 Million Holdings in Alphabet Inc. $GOOGL

Key Points

• American Trust Investment Advisors LLC cut its position in Alphabet by 40.2% in Q3, selling 12,375 shares and now holding 18,409 shares worth about $4.48 million (≈2.3% of the firm's portfolio).
• Insider selling has been notable: CEO Sundar Pichai sold 32,500 shares for roughly $9.86 million on March 4, and insiders have sold 2,112,493 shares valued at $118.6 million in the past 90 days, though insiders still own 11.64% of the stock.
• Analysts remain generally constructive on GOOGL — MarketBeat shows a consensus rating of Moderate Buy with a $367.18 price target, and several firms (e.g., Raymond James, Barclays, Daiwa) recently raised ratings or targets.

American Trust Investment Advisors LLC cut its position in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 40.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,409 shares of the information services provider's stock after selling 12,375 shares during the quarter. Alphabet comprises approximately 2.3% of American Trust Investment Advisors LLC's holdings, making the stock its 19th biggest position. American Trust Investment Advisors LLC's holdings in Alphabet were worth $4,475,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in GOOGL. Financial Gravity Companies Inc. bought a new position in shares of Alphabet in the 2nd quarter valued at about $31,000. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Alphabet in the 3rd quarter valued at about $53,000. iSAM Funds UK Ltd bought a new stake in shares of Alphabet in the 3rd quarter valued at about $53,000. Corsicana & Co. acquired a new stake in Alphabet in the 3rd quarter valued at about $54,000. Finally, Vermillion & White Wealth Management Group LLC lifted its stake in Alphabet by 37.9% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider's stock valued at $57,000 after purchasing an additional 89 shares during the last quarter. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Raymond James Financial raised Alphabet from a "moderate buy" rating to a "strong-buy" rating in a research report on Thursday, January 22nd. Barclays reaffirmed an "overweight" rating and issued a $360.00 price objective (up from $315.00) on shares of Alphabet in a research report on Thursday, February 5th. Daiwa Securities Group lifted their target price on Alphabet from $333.00 to $380.00 and gave the stock a "buy" rating in a research note on Tuesday, February 10th. UBS Group set a $348.00 target price on Alphabet and gave the stock a "neutral" rating in a report on Thursday, February 5th. Finally, Wall Street Zen downgraded Alphabet from a "buy" rating to a "hold" rating in a report on Saturday. Three analysts have rated the stock with a Strong Buy rating, forty-three have given a Buy rating and five have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $367.18.

Insider Activity at Alphabet

In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $303.38, for a total value of $9,859,850.00. Following the completion of the sale, the chief executive officer owned 1,674,560 shares in the company, valued at $508,028,012.80. The trade was a 1.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John L. Hennessy sold 600 shares of the business's stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $306.73, for a total transaction of $184,038.00. Following the completion of the sale, the director directly owned 20,624 shares of the company's stock, valued at $6,325,999.52. This represents a 2.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 2,112,493 shares of company stock valued at $118,605,094. 11.64% of the stock is currently owned by insiders.

Alphabet Price Performance

Alphabet stock opened at $302.28 on Friday. Alphabet Inc. has a 12 month low of $140.53 and a 12 month high of $349.00. The stock's 50 day moving average is $319.12 and its 200-day moving average is $289.81. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $3.66 trillion, a price-to-earnings ratio of 27.96, a PEG ratio of 1.77 and a beta of 1.10.

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

Alphabet Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 9th will be given a dividend of $0.21 per share. The ex-dividend date is Monday, March 9th. This represents a $0.84 annualized dividend and a yield of 0.3%. Alphabet's dividend payout ratio (DPR) is presently 7.77%.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Major competitor Meta has delayed a next‑generation AI release and reportedly discussed temporarily licensing Google’s Gemini model, which could help Alphabet expand usage/licensing of its AI stack and win incremental share. Meta delays release; may license Gemini
• Positive Sentiment: Needham & Company reaffirmed a "buy" on GOOGL and set a $400 price target (~32% upside from current levels), which can support investor confidence and buying interest. Needham reiterates buy
• Positive Sentiment: Multiple reports highlight Meta falling behind on large AI models (and considering licensing Google tech), reinforcing the view that Google could capture market share in foundational models and services. Meta falling behind — Yahoo
• Positive Sentiment: Zacks highlighted Alphabet's earnings growth and price strength as reasons to watch GOOGL, supporting a constructive fundamental view after recent results. Zacks: earnings growth & price strength
• Neutral Sentiment: Google, Amazon and Meta pushing their own AI chips signals a structural shift in AI infrastructure — a long‑term positive if Google’s stack wins, but it intensifies competition with incumbents like NVIDIA and may pressure margins/capex. AI chips competition — Yahoo
• Neutral Sentiment: Google sold a partial stake in its GFiber unit and partnered to form a new independent fiber provider; this reduces direct capital burden but also trims ownership of the broadband growth asset. GFiber stake sale — CNBC
• Neutral Sentiment: Brand/PR note: Google named its London HQ "Platform 37" referencing DeepMind/AlphaGo success — modestly positive for culture/AI branding but not material to near‑term financials. Platform 37 naming — Reuters
• Negative Sentiment: UK regulator and wider regulatory scrutiny on tech safety and child protection remain overhangs for Big Tech, including Alphabet, since new rules or enforcement could increase compliance costs or constrain certain services. UK regulator warning — Sky

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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