AMG National Trust Bank Increases Stock Holdings in Alphabet Inc. $GOOGL

AMG National Trust Bank boosted its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 9.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,484 shares of the information services provider’s stock after buying an additional 6,049 shares during the period. AMG National Trust Bank’s holdings in Alphabet were worth $19,693,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Lifetime Wealth Management P.C. acquired a new position in Alphabet during the 4th quarter valued at approximately $32,000. EMC Capital Management acquired a new stake in shares of Alphabet during the fourth quarter worth $33,000. PMV Capital Advisers LLC acquired a new stake in shares of Alphabet during the fourth quarter worth $38,000. IFC & Insurance Marketing Inc. purchased a new stake in shares of Alphabet during the fourth quarter valued at $38,000. Finally, Bard Associates Inc. purchased a new stake in shares of Alphabet during the fourth quarter valued at $52,000. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Alphabet

In related news, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of the company’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $23.75, for a total transaction of $2,077,531.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider John Kent Walker sold 8,998 shares of Alphabet stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $349.29, for a total value of $3,142,911.42. Following the completion of the sale, the insider directly owned 75,290 shares in the company, valued at $26,298,044.10. This represents a 10.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 159,415 shares of company stock valued at $7,672,279. Insiders own 11.61% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have weighed in on GOOGL shares. Susquehanna reiterated a “positive” rating and set a $460.00 price target (up from $400.00) on shares of Alphabet in a research note on Thursday, April 30th. China Renaissance raised their price objective on Alphabet from $400.00 to $485.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Stifel Nicolaus set a $420.00 target price on Alphabet and gave the stock a “buy” rating in a report on Thursday, April 30th. Weiss Ratings reiterated a “buy (b)” rating on shares of Alphabet in a research report on Friday, July 17th. Finally, Roth Capital reiterated a “buy” rating and issued a $440.00 price target (up from $435.00) on shares of Alphabet in a report on Thursday. Three equities research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $419.86.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet delivered a strong quarter, with revenue of $119.8 billion and EPS of $9.11, both well above expectations, while Google Cloud revenue jumped 82% year over year and YouTube ad revenue also grew solidly. Reuters article
• Positive Sentiment: Management said AI demand is outpacing capacity, which helped justify higher investment plans, and Google Cloud CEO Thomas Kurian said existing customers are spending about 50% more than they initially committed. CNBC article
• Positive Sentiment: Google’s Gemini AI assistant now has more than 950 million monthly users, showing continued traction in its AI products and ecosystem. TechCrunch article
• Neutral Sentiment: Alphabet declared a quarterly dividend of $0.22 per share, a small but shareholder-friendly capital return move. MarketBeat reference
• Neutral Sentiment: Alphabet disclosed a large equity stake in SpaceX, highlighting the value of its investment portfolio, though this is not a direct operating catalyst for the core business. WSJ article
• Negative Sentiment: Shares are falling as investors react to a much higher 2026 capital spending outlook and Alphabet’s first-ever negative free cash flow, raising concerns that AI infrastructure spending could pressure returns. Barron’s article
• Negative Sentiment: Alphabet also faces a new €890 million ($1 billion) EU antitrust fine over Search and Play Store practices, adding regulatory pressure. Reuters article
• Negative Sentiment: Several law firms announced securities-fraud investigations tied to Alphabet’s disclosures, which can add overhang and keep sentiment fragile. Business Wire article

Alphabet Trading Down 7.1%

Shares of Alphabet stock opened at $317.69 on Friday. The company has a market cap of $3.85 trillion, a P/E ratio of 15.96, a price-to-earnings-growth ratio of 1.41 and a beta of 1.24. The firm has a 50-day simple moving average of $364.48 and a two-hundred day simple moving average of $338.88. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.92 and a current ratio of 1.92. Alphabet Inc. has a fifty-two week low of $187.82 and a fifty-two week high of $408.61.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, beating analysts’ consensus estimates of $2.89 by $6.22. The business had revenue of $119.80 billion during the quarter, compared to analysts’ expectations of $117.07 billion. Alphabet had a return on equity of 57.20% and a net margin of 54.77%. As a group, equities analysts predict that Alphabet Inc. will post 14.34 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 14th. Shareholders of record on Monday, September 7th will be 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 of this dividend is Friday, September 4th. Alphabet’s dividend payout ratio (DPR) is presently 6.71%.

About Alphabet

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.