Alphabet Inc. $GOOGL Shares Sold by Midland Wealth Advisors LLC

Midland Wealth Advisors LLC lessened its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 13.5% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 16,680 shares of the information services provider’s stock after selling 2,609 shares during the period. Midland Wealth Advisors LLC’s holdings in Alphabet were worth $4,055,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brooktree Capital Management bought a new position in shares of Alphabet during the second quarter worth about $352,000. Griffin Asset Management Inc. boosted its stake in Alphabet by 13.9% during the 3rd quarter. Griffin Asset Management Inc. now owns 58,731 shares of the information services provider’s stock valued at $14,277,000 after purchasing an additional 7,180 shares during the period. Sovran Advisors LLC boosted its stake in Alphabet by 23.6% during the 3rd quarter. Sovran Advisors LLC now owns 22,219 shares of the information services provider’s stock valued at $5,401,000 after purchasing an additional 4,241 shares during the period. Birchcreek Wealth Management LLC grew its position in Alphabet by 2.9% in the 2nd quarter. Birchcreek Wealth Management LLC now owns 8,028 shares of the information services provider’s stock worth $1,415,000 after purchasing an additional 223 shares during the last quarter. Finally, Centerpoint Advisory Group increased its stake in shares of Alphabet by 21.0% in the second quarter. Centerpoint Advisory Group now owns 2,407 shares of the information services provider’s stock valued at $424,000 after purchasing an additional 418 shares during the period. Institutional investors and hedge funds own 40.03% of the company’s stock.

Insider Buying and Selling

In other news, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction on Wednesday, January 7th. The stock was sold at an average price of $321.21, for a total transaction of $10,439,325.00. Following the sale, the chief executive officer directly owned 2,244,372 shares of the company’s stock, valued at $720,914,730.12. The trade was a 1.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the stock in a transaction on Friday, January 30th. The shares were sold at an average price of $19.00, for a total value of $35,060,852.00. The SEC filing for this sale provides additional information. Insiders sold a total of 2,079,993 shares of company stock worth $108,745,244 over the last three months. Corporate insiders own 11.64% of the company’s stock.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Large commercial win for Google Cloud — CVS will use Google Cloud to launch an AI‑enabled health platform, a meaningful enterprise contract that validates recurring cloud/AI revenue potential. CVS taps Google Cloud
• Positive Sentiment: Bullish industry/analyst tone on AI adoption — reports projecting large AI spending and recent analyst price‑target increases support a higher long‑term revenue multiple for Google Cloud and Gemini. Gartner Says AI Spending Will Hit $2.5 Trillion
• Positive Sentiment: Institutional backing spotlighted — coverage noting Berkshire Hathaway’s profitable position in Alphabet reinforces confidence from large investors. That can underpin demand for shares. Berkshire Is Sitting On Google Gains
• Neutral Sentiment: Routine insider selling disclosed — small sales by a director and the CAO (hundreds of shares) are noted by the market but are modest relative to their holdings and not uncommon. Frances Arnold Sells 112 Shares
• Neutral Sentiment: Short‑interest reporting appears anomalous (zero/NaN in recent feeds) — no clear short squeeze or covering signal from the data provided. Short interest report (data flagged)
• Negative Sentiment: Play Store settlement cuts commissions — Google will lower Play Store commissions to 20% (plus up to 5% for Google billing), which may reduce Play/Android monetization and is a near‑term revenue headwind. Google settles with Epic Games
• Negative Sentiment: AI safety/legal overhang — a wrongful‑death suit alleges harmful instructions from the Gemini chatbot, creating reputational, regulatory and litigation risk for Alphabet’s AI business. Gemini wrongful-death suit
• Negative Sentiment: Waymo safety and regulatory scrutiny — recent incidents and NTSB probes raise execution and regulatory risk for Alphabet’s autonomous‑driving unit, which could pressure investor sentiment on non‑core bets. Waymo Faces Mounting Scrutiny
• Negative Sentiment: Macro/geopolitical tech pullback — regional tensions and related operational impacts (e.g., Dubai) are compressing tech multiples and weighing on large‑cap names like Alphabet. Rising Tensions Force Tech Pullback

Alphabet Price Performance

Shares of Alphabet stock opened at $300.88 on Friday. 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’s 50-day moving average price is $320.22 and its two-hundred day moving average price is $285.01. Alphabet Inc. has a 52 week low of $140.53 and a 52 week high of $349.00. The stock has a market cap of $3.64 trillion, a PE ratio of 27.83, a price-to-earnings-growth ratio of 1.77 and a beta of 1.10.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, beating the consensus estimate of $2.57 by $0.25. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The company had revenue of $113.83 billion during the quarter, compared to analyst estimates of $111.24 billion. As a group, sell-side analysts anticipate that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 9th will be given a $0.21 dividend. The ex-dividend date is Monday, March 9th. This represents a $0.84 annualized dividend and a yield of 0.3%. Alphabet’s payout ratio is 7.77%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Cantor Fitzgerald reissued an “overweight” rating and issued a $370.00 price objective on shares of Alphabet in a report on Thursday, February 5th. Citigroup boosted their price target on Alphabet from $350.00 to $390.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Bank of America raised their price target on Alphabet from $335.00 to $370.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. Robert W. Baird lifted their price objective on shares of Alphabet from $310.00 to $350.00 and gave the company an “outperform” rating in a research note on Tuesday, January 20th. Finally, Argus increased their target price on shares of Alphabet from $365.00 to $385.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Three research analysts have rated the stock with a Strong Buy rating, forty-three have given a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, Alphabet presently has an average rating of “Moderate Buy” and a consensus target price of $366.57.

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.