Alphabet Inc. $GOOGL Shares Sold by ING Groep NV

ING Groep NV trimmed its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 15.1% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 1,787,282 shares of the information services provider’s stock after selling 318,338 shares during the period. Alphabet comprises about 2.4% of ING Groep NV’s portfolio, making the stock its 6th biggest holding. ING Groep NV’s holdings in Alphabet were worth $434,488,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of GOOGL. Financial Gravity Companies Inc. acquired a new stake in Alphabet in the 2nd quarter worth approximately $31,000. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Alphabet in the third quarter valued at approximately $53,000. Corsicana & Co. acquired a new stake in shares of Alphabet in the third quarter worth $54,000. Sellwood Investment Partners LLC acquired a new position in Alphabet in the 3rd quarter valued at $63,000. Finally, Vermillion & White Wealth Management Group LLC raised its holdings in Alphabet by 37.9% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock worth $57,000 after acquiring an additional 89 shares during the period. 40.03% of the stock is currently owned by institutional investors.

Alphabet Price Performance

NASDAQ:GOOGL opened at $313.00 on Thursday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. The company has a 50-day moving average of $320.80 and a 200-day moving average of $281.27. Alphabet Inc. has a 52 week low of $140.53 and a 52 week high of $349.00. The company has a market capitalization of $3.79 trillion, a price-to-earnings ratio of 28.95, a PEG ratio of 1.82 and a beta of 1.09.

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

Alphabet Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 9th will be issued a $0.21 dividend. The ex-dividend date of this dividend is Monday, March 9th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet’s dividend payout ratio is presently 7.77%.

Analysts Set New Price Targets

GOOGL has been the subject of a number of recent analyst reports. DZ Bank restated a “buy” rating on shares of Alphabet in a report on Monday, February 16th. Wells Fargo & Company set a $354.00 target price on Alphabet and gave the company an “equal weight” rating in a research note on Thursday, February 5th. Phillip Securities raised Alphabet from a “moderate buy” rating to a “strong-buy” rating in a report on Friday, November 7th. Deutsche Bank Aktiengesellschaft upped their price target on Alphabet from $370.00 to $390.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Finally, KeyCorp set a $370.00 price objective on Alphabet and gave the company an “overweight” rating in a research report on Thursday, February 5th. Three research analysts have rated the stock with a Strong Buy rating, forty-three have issued a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $366.57.

Insider Buying and Selling

In related news, CAO Amie Thuener O’toole sold 2,778 shares of the business’s stock in a transaction on Monday, December 15th. The stock was sold at an average price of $312.30, for a total value of $867,569.40. Following the sale, the chief accounting officer owned 8,962 shares of the company’s stock, valued at $2,798,832.60. The trade was a 23.66% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider John Kent Walker sold 47,574 shares of the company’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total value of $14,341,182.30. Following the completion of the sale, the insider owned 13,227 shares in the company, valued at $3,987,279.15. This trade represents a 78.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 2,112,482 shares of company stock worth $119,145,289 over the last 90 days. 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: Alphabet is folding its robotics-software unit Intrinsic into Google, signalling tighter integration of robotics/physical AI efforts and likely faster commercialization of automation tools. Former Alphabet ‘moonshot’ robotics company Intrinsic is folding into Google
• Positive Sentiment: Waymo is expanding robotaxi testing to Chicago and Charlotte, accelerating route expansion and potential near-term revenue scale for Alphabet’s autonomous-vehicle unit. Waymo to begin testing in Chicago and Charlotte
• Positive Sentiment: Samsung’s S26 demonstrates deeper adoption of Google’s Gemini (autonomously operating third‑party apps), which supports Gemini’s distribution thesis and monetization pathway across devices. Samsung’s S26 gives an advance look at what the Google-powered Apple Siri could do
• Positive Sentiment: Google announced a major 1.9GW clean-power backing for a new data center including a 100‑hour iron‑air battery — a long-duration storage deal that lowers carbon and energy risk for AI datacenter ops. Google’s new 1.9GW clean energy deal includes massive 100-hour battery
• Positive Sentiment: Loop Capital raised its GOOGL price target to $355, and Wells Fargo issued an upgrade — analyst support that can boost sentiment and flows into the stock. Loop Capital Boosts Alphabet (NASDAQ:GOOGL) Price Target to $355.00
• Positive Sentiment: Google says it disrupted a China‑linked hacking group that attacked dozens of organizations globally — a security win that reduces operational risk and demonstrates enterprise trustworthiness. Google disrupts Chinese-linked hackers that attacked 53 groups globally
• Neutral Sentiment: February short‑interest data in feeds appears erroneous (shows 0 shares / NaN changes); no clear short‑squeeze signal from that report. (data entry)
• Negative Sentiment: Regulatory pressure in Europe: Reuters reports Google will test showing rivals’ vertical search results more prominently to try to avoid an EU fine — highlights ongoing antitrust risk that can cap multiples. Exclusive: Google to test changes to search results, source says as EU fine looms
• Negative Sentiment: Russia fined Google ~22 million roubles (~$288k) over VPN distribution — a small hit monetarily but another reminder of geopolitical/legal friction in certain markets. Russia fines Google for distributing VPN services, TASS reports
• Negative Sentiment: Reports of insider selling were flagged in headlines, which can weigh on near‑term sentiment even if the transactions are not material to long‑term fundamentals. Alphabet (NASDAQ:GOOGL) Shares Down 1.1% After Insider Selling

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.