Alphabet Inc. $GOOGL Stock Sold by Rockland Trust Co.

Rockland Trust Co. cut its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 2.7% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 396,629 shares of the information services provider’s stock after selling 11,139 shares during the period. Alphabet comprises 5.2% of Rockland Trust Co.’s portfolio, making the stock its 2nd biggest holding. Rockland Trust Co.’s holdings in Alphabet were worth $136,472,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. PFG Investments LLC raised its holdings in shares of Alphabet by 2.6% in the 1st quarter. PFG Investments LLC now owns 89,299 shares of the information services provider’s stock valued at $25,679,000 after acquiring an additional 2,269 shares in the last quarter. Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust purchased a new position in shares of Alphabet during the fourth quarter worth about $28,902,000. Elefante Mark B increased its position in shares of Alphabet by 4.5% in the second quarter. Elefante Mark B now owns 43,733 shares of the information services provider’s stock worth $15,629,000 after purchasing an additional 1,897 shares during the last quarter. Nwam LLC raised its stake in Alphabet by 19.6% in the first quarter. Nwam LLC now owns 49,128 shares of the information services provider’s stock valued at $14,127,000 after purchasing an additional 8,055 shares in the last quarter. Finally, WCM Investment Management LLC lifted its position in Alphabet by 287.4% during the first quarter. WCM Investment Management LLC now owns 3,886 shares of the information services provider’s stock valued at $1,063,000 after purchasing an additional 2,883 shares during the last quarter. 40.03% of the stock is currently owned by institutional investors.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google unveiled Gemini 4 Argon, an enterprise-focused AI model designed to perform complex, multistep work in software engineering, cybersecurity, finance, and legal services. A stronger product could support Google Cloud growth, subscriptions, and competitive positioning against OpenAI and Anthropic. Tech Bytes: Google unveils Gemini 4 Argon as AI race shifts to autonomous work
• Positive Sentiment: Recent commentary highlights Google Cloud’s rapid expansion, a substantial backlog, and Alphabet’s ability to monetize AI through cloud contracts, advertising, and paid subscriptions. Alphabet’s operating income reportedly rose 30% year over year in both first-half 2026 quarters, supporting the bullish case for continued earnings growth. Prediction: Alphabet’s Profit Growth Carries It to $5 Trillion Before 2028
• Positive Sentiment: Alphabet’s investment in Anthropic could benefit shareholders if a potential IPO provides liquidity or increases Anthropic’s ability to purchase computing capacity, potentially benefiting Google Cloud and other AI infrastructure suppliers. 4 Major Winners From an Anthropic IPO
• Neutral Sentiment: Alphabet executives are scheduled to testify at a New York City Council hearing on AI risks. The event may increase visibility for Google’s AI efforts, but could also foreshadow additional compliance requirements. AI risks hearing
• Negative Sentiment: Alphabet’s capital expenditures reportedly doubled year over year to $44.92 billion in the second quarter, raising concerns that AI infrastructure spending could pressure free cash flow and shareholder returns before the investments generate sufficient profits. Alphabet Reported Negative Free Cash Flow
• Negative Sentiment: Google faces a proposed £1 billion U.K. consumer claim alleging that Play Store commissions of up to 30% violate competition law. An adverse outcome could create financial liability and add to Alphabet’s broader regulatory burden. Google faces UK Play Store legal claim

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Citizens Jmp reissued a “market outperform” rating and issued a $515.00 price target on shares of Alphabet in a research note on Wednesday, July 22nd. Freedom Capital raised shares of Alphabet from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 23rd. Cantor Fitzgerald reissued an “overweight” rating and issued a $420.00 target price (down from $435.00) on shares of Alphabet in a research note on Thursday, July 23rd. Piper Sandler raised their price target on Alphabet from $395.00 to $400.00 and gave the company an “overweight” rating in a research report on Monday, September 28th. Finally, DA Davidson set a $350.00 price objective on Alphabet and gave the company a “neutral” rating in a report on Thursday, July 23rd. Five investment analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $425.60.

Alphabet Trading Up 0.8%

Shares of NASDAQ GOOGL traded up $2.80 during mid-day trading on Monday, hitting $346.30. The stock had a trading volume of 8,333,181 shares, compared to its average volume of 30,831,436. The business has a 50 day moving average price of $344.74 and a two-hundred day moving average price of $348.00. Alphabet Inc. has a 1 year low of $235.84 and a 1 year high of $408.61. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. The firm has a market cap of $4.24 trillion, a P/E ratio of 17.39, a price-to-earnings-growth ratio of 0.99 and a beta of 1.21.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share for the quarter, beating the consensus estimate of $2.89 by $6.22. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The business had revenue of $119.80 billion during the quarter, compared to analysts’ expectations of $117.07 billion. On average, equities analysts anticipate that Alphabet Inc. will post 20.55 EPS for the current fiscal year.

Alphabet Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 14th. Investors of record on Monday, September 7th were issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Friday, September 4th. Alphabet’s payout ratio is currently 4.42%.

Insider Buying and Selling at Alphabet

In other Alphabet news, Director Frances Arnold sold 83 shares of the stock in a transaction that occurred on Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total value of $28,257.35. Following the completion of the sale, the director owned 19,076 shares in the company, valued at approximately $6,494,424.20. This trade represents a 0.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Marsida Saraci sold 449 shares of the business’s stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total value of $149,606.80. Following the transaction, the chief accounting officer directly owned 27,386 shares in the company, valued at $9,125,015.20. This trade represents a 1.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 441,399 shares of company stock valued at $8,677,053 in the last 90 days. Insiders own 11.61% of the company’s stock.

Alphabet Company 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.