Alphabet Inc. $GOOG Stock Sold by Wealth Enhancement Trust Services Inc.

Wealth Enhancement Trust Services Inc. decreased its position in Alphabet Inc. (NASDAQ:GOOG) by 24.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,338 shares of the information services provider’s stock after selling 5,737 shares during the quarter. Wealth Enhancement Trust Services Inc.’s holdings in Alphabet were worth $5,908,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Readystate Asset Management LP bought a new position in Alphabet during the 2nd quarter valued at approximately $45,352,000. BlackRock Inc. raised its holdings in shares of Alphabet by 1.4% during the second quarter. BlackRock Inc. now owns 369,922,502 shares of the information services provider’s stock valued at $130,704,718,000 after acquiring an additional 5,164,200 shares in the last quarter. State Street Corp raised its holdings in shares of Alphabet by 2.8% during the second quarter. State Street Corp now owns 190,923,442 shares of the information services provider’s stock valued at $67,458,980,000 after acquiring an additional 5,208,690 shares in the last quarter. Auto Owners Insurance Co lifted its stake in Alphabet by 38,409.2% in the fourth quarter. Auto Owners Insurance Co now owns 179,836,276 shares of the information services provider’s stock worth $5,643,262,000 after acquiring an additional 179,369,280 shares during the period. Finally, Janus Henderson Group PLC lifted its stake in Alphabet by 2.1% in the fourth quarter. Janus Henderson Group PLC now owns 24,595,622 shares of the information services provider’s stock worth $7,693,281,000 after acquiring an additional 508,718 shares during the period. 27.26% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Alphabet

In other Alphabet news, CAO Marsida Saraci sold 449 shares of the company’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total transaction of $149,606.80. Following the transaction, the chief accounting officer 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 is accessible through this hyperlink. Also, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the firm’s stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $19.46, for a total transaction of $3,832,277.26. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 441,399 shares of company stock valued at $8,677,053. 12.99% of the stock is owned by corporate insiders.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Long-term nuclear power deals support AI expansion. Google agreed to purchase power from Constellation Energy under long-term arrangements covering up to 3,590 megawatts, including 890 megawatts of upgraded nuclear capacity. The agreements help secure reliable electricity for data centers and signal that Alphabet is proactively addressing AI-related power constraints. Google and Constellation nuclear agreement
• Positive Sentiment: Google and Unity are entering AI-powered game creation. Their planned platform will allow users to create playable games through natural-language prompts, combining Google’s AI and distribution reach with Unity’s game engine. The initiative could broaden Alphabet’s consumer ecosystem and create new engagement opportunities through Google Play Games, while also positioning the company against platforms such as Roblox. Google and Unity gaming partnership
• Positive Sentiment: Additional AI initiatives reinforce Alphabet’s growth narrative. Google is participating in a $1.8 billion government-backed AI biology project and launched SynthID tools to identify AI-generated media. These efforts could strengthen its position in enterprise, scientific and responsible-AI applications, although they are longer-term catalysts rather than immediate revenue drivers. AI biology project
• Neutral Sentiment: Analyst and investor commentary remains supportive. Recent commentary highlights Alphabet’s strong margins, resilient Search advertising, rapidly growing Cloud business and valuation below many large technology peers. Price-target commentary remains well above recent trading levels, but these are opinions rather than new company guidance. Alphabet price target commentary
• Negative Sentiment: Investor securities lawsuits are a headline overhang. Multiple law firms are promoting a class action alleging Alphabet misrepresented progress on its Gemini 3.5 Pro AI model before a sharp stock decline. The December 1, 2026 lead-plaintiff deadline does not establish liability, but the claims could increase legal costs, regulatory scrutiny and reputational risk. Alphabet securities lawsuit
• Negative Sentiment: Finland ordered a halt to work at two data centers. Construction must pause until environmental-impact assessments are completed. The delay threatens to slow part of Alphabet’s roughly $15 billion Finland AI buildout, although the broader nuclear-power agreement illustrates the company’s continued commitment to expanding data-center capacity. Finland data-center construction halt

Alphabet Stock Up 0.8%

GOOG traded up $2.78 during midday trading on Wednesday, reaching $347.37. The company’s stock had a trading volume of 11,301,630 shares, compared to its average volume of 20,462,881. Alphabet Inc. has a 1 year low of $236.68 and a 1 year high of $404.47. The stock’s 50-day moving average is $342.92 and its 200-day moving average is $346.43. The firm has a market capitalization of $4.25 trillion, a price-to-earnings ratio of 17.45, a PEG ratio of 1.00 and a beta of 1.19. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16.

Alphabet (NASDAQ:GOOG) last released its earnings results on Thursday, July 23rd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.87 by $6.24. The firm had revenue of $119.80 billion during the quarter, compared to analyst estimates of $116.53 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The business’s revenue was up 24.2% on a year-over-year basis. During the same period last year, the business earned $2.31 earnings per share. As a group, research analysts expect that Alphabet Inc. will post 20.55 EPS for the current year.

Alphabet Announces Dividend

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

Analyst Upgrades and Downgrades

Several research analysts have commented on GOOG shares. Pivotal Research upped their price objective on shares of Alphabet from $470.00 to $475.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Barclays reiterated an “overweight” rating and set a $425.00 price target (up from $405.00) on shares of Alphabet in a research report on Thursday, July 23rd. Citic Securities lifted their price objective on Alphabet from $430.00 to $434.00 and gave the company a “buy” rating in a research report on Monday, July 27th. UBS Group reissued an “overweight” rating on shares of Alphabet in a research report on Tuesday. Finally, Piper Sandler raised their target price on Alphabet from $395.00 to $400.00 and gave the company an “overweight” rating in a research note on Monday, September 28th. Six investment analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Alphabet presently has an average rating of “Buy” and a consensus price target of $420.07.

Alphabet Company Profile

Alphabet Inc is a technology holding company best known as the parent company of Google. Established in 2015 through a corporate restructuring, Alphabet oversees Google and a collection of businesses focused on technology, innovation and emerging industries. Sundar Pichai serves as Alphabet’s chief executive officer and also leads Google.

Google is Alphabet’s primary business and operates an internet ecosystem that includes Google Search, online advertising, YouTube, Android, Chrome, Google Maps, Google Play and Google Photos.