Bangor Savings Bank Sells 5,107 Shares of Alphabet Inc. $GOOGL

Bangor Savings Bank decreased its position in Alphabet Inc. (NASDAQ:GOOGL) by 20.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 20,362 shares of the information services provider’s stock after selling 5,107 shares during the quarter. Alphabet accounts for approximately 0.5% of Bangor Savings Bank’s holdings, making the stock its 24th biggest holding. Bangor Savings Bank’s holdings in Alphabet were worth $7,006,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Strategic Wealth Advisors LLC boosted its holdings in shares of Alphabet by 6.0% in the 1st quarter. Strategic Wealth Advisors LLC now owns 477 shares of the information services provider’s stock worth $137,000 after acquiring an additional 27 shares in the last quarter. Rockbridge Investment Management LCC increased its holdings in Alphabet by 0.5% during the 1st quarter. Rockbridge Investment Management LCC now owns 5,460 shares of the information services provider’s stock valued at $1,570,000 after purchasing an additional 27 shares in the last quarter. Ruggaard & Associates LLC raised its position in Alphabet by 0.9% in the 1st quarter. Ruggaard & Associates LLC now owns 2,921 shares of the information services provider’s stock valued at $840,000 after purchasing an additional 27 shares during the last quarter. Cadia Private Client LLC raised its position in Alphabet by 1.1% in the 1st quarter. Cadia Private Client LLC now owns 2,589 shares of the information services provider’s stock valued at $744,000 after purchasing an additional 28 shares during the last quarter. Finally, Evansbrook LLC raised its position in Alphabet by 0.3% in the 1st quarter. Evansbrook LLC now owns 9,522 shares of the information services provider’s stock valued at $2,738,000 after purchasing an additional 28 shares during the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.

Trending Headlines about Alphabet

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 analysts have recently commented on the company. Barclays restated an “overweight” rating and set a $425.00 target price (up from $405.00) on shares of Alphabet in a report on Thursday, July 23rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Alphabet in a report on Friday, July 17th. Tigress Financial reiterated a “strong-buy” rating and set a $485.00 price target (up from $415.00) on shares of Alphabet in a research report on Thursday, September 17th. Phillip Securities raised shares of Alphabet from a “moderate buy” rating to a “strong-buy” rating in a report on Monday, July 27th. Finally, Benchmark restated a “buy” rating on shares of Alphabet in a research report on Thursday, October 1st. Five 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.com, the company has an average rating of “Buy” and a consensus target price of $425.72.

Alphabet Trading Up 0.3%

Alphabet stock traded up $1.21 during trading hours on Tuesday, reaching $347.68. 18,384,772 shares of the company’s stock traded hands, compared to its average volume of 30,859,324. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. Alphabet Inc. has a fifty-two week low of $235.84 and a fifty-two week high of $408.61. The firm has a market capitalization of $4.25 trillion, a price-to-earnings ratio of 17.46, a PEG ratio of 0.99 and a beta of 1.21. The firm’s 50 day moving average is $345.14 and its 200-day moving average is $348.25.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, topping the consensus estimate of $2.89 by $6.22. The company had revenue of $119.80 billion during 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%. On average, analysts predict that Alphabet Inc. will post 20.55 earnings per share for the current year.

Alphabet Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 14th. Shareholders of record on Monday, September 7th were paid a $0.22 dividend. The ex-dividend date of this dividend was Friday, September 4th. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is presently 4.42%.

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 value of $149,606.80. Following the transaction, the chief accounting officer owned 27,386 shares of the company’s stock, valued at $9,125,015.20. This represents a 1.61% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the stock in a transaction on Monday, July 27th. The shares were sold at an average price of $19.46, for a total value of $3,832,277.26. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 441,399 shares of company stock valued at $8,677,053. 11.61% of the stock is currently owned by insiders.

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.