Bank of New Hampshire decreased its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 4.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,793 shares of the information services provider’s stock after selling 1,891 shares during the period. Alphabet comprises approximately 2.9% of Bank of New Hampshire’s holdings, making the stock its 5th largest position. Bank of New Hampshire’s holdings in Alphabet were worth $13,348,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. PFG Investments LLC lifted its position in shares of Alphabet by 2.6% during the 1st quarter. PFG Investments LLC now owns 89,299 shares of the information services provider’s stock valued at $25,679,000 after buying an additional 2,269 shares in the last quarter. Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust purchased a new stake in Alphabet in the 4th quarter worth approximately $28,902,000. Elefante Mark B increased its holdings in Alphabet by 4.5% in the 2nd quarter. Elefante Mark B now owns 43,733 shares of the information services provider’s stock worth $15,629,000 after acquiring an additional 1,897 shares in the last quarter. Nwam LLC raised its stake in Alphabet by 19.6% during the 1st quarter. Nwam LLC now owns 49,128 shares of the information services provider’s stock worth $14,127,000 after acquiring an additional 8,055 shares during the period. Finally, WCM Investment Management LLC raised its stake in Alphabet by 287.4% during the 1st quarter. WCM Investment Management LLC now owns 3,886 shares of the information services provider’s stock worth $1,063,000 after acquiring an additional 2,883 shares during the period. 40.03% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling at Alphabet
In other news, CAO Marsida Saraci sold 449 shares of the stock in a transaction that occurred 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 transaction, the chief accounting officer directly owned 27,386 shares in the company, valued at approximately $9,125,015.20. This represents a 1.61% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Frances Arnold sold 83 shares of the firm’s stock in a transaction on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total transaction of $28,257.35. Following the completion of the transaction, the director directly owned 19,076 shares of the company’s stock, valued at approximately $6,494,424.20. This trade represents a 0.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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 Price Performance
Alphabet (NASDAQ:GOOGL – Get Free Report) last issued its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share for the quarter, beating analysts’ consensus estimates of $2.89 by $6.22. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.The firm had revenue of $119.80 billion during the quarter, compared to analyst estimates of $117.07 billion. On average, research analysts anticipate that Alphabet Inc. will post 20.55 earnings per share for the current year.
Alphabet Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, September 14th. Shareholders of record on Monday, September 7th were issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 0.3%. The ex-dividend date was Friday, September 4th. Alphabet’s dividend payout ratio (DPR) is currently 4.42%.
Alphabet News Summary
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Google signed long-term agreements with Constellation Energy for approximately 3,590 megawatts of nuclear power, including 890 megawatts of additional capacity and 2,700 megawatts from existing plants. The 20-year and 15-year contracts should help secure reliable electricity for Alphabet’s expanding AI data centers, reducing power-supply risk. The deal also underscores the scale and durability of AI infrastructure demand. Google and Constellation Energy Strike 3.59-GW Power Deal
- Positive Sentiment: Recent coverage remains constructive on Alphabet’s fundamentals. Google Search revenue reportedly grew 17% in the second quarter while the company added AI-generated answers, and Google Cloud revenue growth of 82% is reinforcing the view that Alphabet can monetize AI through advertising, cloud services and subscriptions. Analysts also point to Alphabet’s valuation and history of exceeding earnings expectations as potential support for the shares. Why Investors Like Alphabet Despite AI Search Threats
- Neutral Sentiment: Alphabet was included in a new actively managed ETF offering exposure to private AI companies OpenAI and Anthropic, alongside Alphabet, Meta, NVIDIA and SpaceX. The inclusion highlights Alphabet’s status as a major AI platform, but it does not directly affect the company’s earnings or cash flow. MN ETF Seeks Exposure to OpenAI and Anthropic
- Negative Sentiment: Multiple law firms are promoting a securities class action covering investors who purchased Alphabet shares between May 19 and July 16, 2026. The allegations reportedly involve disclosures about the development and timing of the Gemini 3.5 Pro model. Separate legal risks include a U.K. consumer claim over Play Store fees and a potential $3.2 billion ad-tech damages case. While the lawsuits’ financial impact remains uncertain, they add regulatory, reputational and litigation overhang. Alphabet Securities Class Action Notice
Analyst Ratings Changes
Several brokerages have weighed in on GOOGL. Wedbush reaffirmed an “outperform” rating and set a $445.00 price target on shares of Alphabet in a report on Thursday, July 23rd. Morgan Stanley set a $400.00 price objective on shares of Alphabet and gave the company an “overweight” rating in a research report on Thursday, July 23rd. Phillip Securities upgraded shares of Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research note on Monday, July 27th. Cantor Fitzgerald restated an “overweight” rating and set a $420.00 target price (down from $435.00) on shares of Alphabet in a research note on Thursday, July 23rd. Finally, Zacks Research downgraded shares of Alphabet from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 11th. 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 company. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $425.72.
Read Our Latest Stock Analysis on Alphabet
Alphabet 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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