Oak Associates Ltd. OH Sells 10,463 Shares of Alphabet Inc. $GOOGL

Oak Associates Ltd. OH lowered its stake in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 6.5% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 151,504 shares of the information services provider's stock after selling 10,463 shares during the quarter. Alphabet makes up approximately 2.9% of Oak Associates Ltd. OH's holdings, making the stock its 10th largest position. Oak Associates Ltd. OH's holdings in Alphabet were worth $43,566,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in GOOGL. Norges Bank acquired a new position in shares of Alphabet during the fourth quarter valued at $30,534,239,000. Cardano Risk Management B.V. increased its holdings in shares of Alphabet by 855.3% in the 4th quarter. Cardano Risk Management B.V. now owns 14,525,280 shares of the information services provider's stock worth $4,546,413,000 after acquiring an additional 13,004,828 shares during the period. Vanguard Group Inc. increased its holdings in shares of Alphabet by 2.4% in the 4th quarter. Vanguard Group Inc. now owns 528,969,322 shares of the information services provider's stock worth $165,567,398,000 after acquiring an additional 12,531,695 shares during the period. Capital World Investors lifted its position in Alphabet by 28.0% in the 3rd 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. Finally, Diamant Asset Management Inc. lifted its position in Alphabet by 28,950.0% in the 1st 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 during the last quarter. 40.03% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Alphabet

In other news, CAO Marsida Saraci sold 449 shares of the stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total transaction 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 represents a 1.61% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Frances Arnold sold 82 shares of the stock in a transaction on Thursday, July 30th. The shares were sold at an average price of $333.39, for a total value of $27,337.98. Following the sale, the director owned 18,914 shares of the company's stock, valued at $6,305,738.46. This trade represents a 0.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 600,547 shares of company stock valued at $16,255,540. 11.61% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts have commented on GOOGL shares. Royal Bank Of Canada restated an "outperform" rating and issued a $425.00 target price on shares of Alphabet in a research report on Thursday, July 23rd. Susquehanna reaffirmed a "positive" rating and set a $460.00 price target (up from $400.00) on shares of Alphabet in a report on Thursday, April 30th. Morgan Stanley set a $400.00 price objective on Alphabet and gave the stock an "overweight" rating in a research report on Thursday, July 23rd. Weiss Ratings reissued a "buy (b)" rating on shares of Alphabet in a report on Friday, July 17th. Finally, New Street Research raised their target price on Alphabet from $450.00 to $455.00 and gave the company a "buy" rating in a research report on Friday, June 5th. Six analysts have rated the stock with a Strong Buy rating, forty-four have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, Alphabet has a consensus rating of "Buy" and a consensus target price of $419.86.

Alphabet Price Performance

Shares of NASDAQ GOOGL opened at $356.13 on Monday. Alphabet Inc. has a twelve month low of $187.82 and a twelve month high of $408.61. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $4.36 trillion, a price-to-earnings ratio of 17.89, a PEG ratio of 1.00 and a beta of 1.24. The firm has a 50-day moving average of $357.79 and a two-hundred day moving average of $339.35.

Alphabet (NASDAQ:GOOGL - Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, topping the consensus estimate 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%. As a group, analysts expect that Alphabet Inc. will post 20.51 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 14th. Investors of record on Monday, September 7th will be issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Friday, September 4th. Alphabet's dividend payout ratio (DPR) is presently 4.42%.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s custom Tensor Processing Units (TPUs) are increasingly viewed as credible alternatives to Nvidia chips. That could reduce Google’s dependence on external suppliers and create a potential external chip-revenue opportunity. Alphabet and Amazon custom AI chips
• Positive Sentiment: Recent commentary highlights Alphabet’s record quarter, strong Google Cloud growth, Gemini adoption and enterprise AI demand. Analysts and value-focused investors continue to view GOOGL as comparatively inexpensive among large technology and AI companies. Alphabet AI investment and valuation
• Positive Sentiment: Google is reportedly supporting a $15 billion Anthropic data-center project with chips and financial guarantees, while Oracle is expanding its partnership to bring Gemini models to enterprise applications. These initiatives could drive Google Cloud demand and strengthen Alphabet’s AI ecosystem. Anthropic data center backed by Google
• Neutral Sentiment: Alphabet’s reported quarterly earnings and revenue beat consensus estimates by wide margins, supporting the fundamental case, although investors remain focused on whether AI growth will translate into sufficient cash returns.
• Negative Sentiment: Alphabet withdrew its Google Earth AI image-generation feature only one day after launch following criticism that fabricated imagery could spread misinformation. The quick reversal limits immediate product risk but raises questions about AI governance and rollout discipline. Google Earth AI feature withdrawn
• Negative Sentiment: The AI buildout is becoming increasingly expensive. Alphabet is targeting up to $205 billion in 2026 capital expenditures, while rising memory and infrastructure costs are pressuring cash flow and increasing future depreciation. AI buildout costs and cash flow
• Negative Sentiment: Recent insider sales were small relative to the executives’ remaining holdings, but they provide a modest sentiment headwind. Separately, investor-law-firm investigations could create additional legal and reputational overhang. Alphabet director stock sale

Alphabet 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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