Fulton Bank N.A. Sells 4,363 Shares of Alphabet Inc. $GOOG

Fulton Bank N.A. reduced its stake in Alphabet Inc. (NASDAQ:GOOG) by 6.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 67,816 shares of the information services provider’s stock after selling 4,363 shares during the period. Fulton Bank N.A.’s holdings in Alphabet were worth $21,281,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of GOOG. Morse Asset Management Inc boosted its holdings in shares of Alphabet by 3.3% during the 3rd quarter. Morse Asset Management Inc now owns 1,093 shares of the information services provider’s stock worth $266,000 after buying an additional 35 shares during the period. Robinson Smith Wealth Advisors LLC raised its holdings in Alphabet by 1.8% in the 3rd quarter. Robinson Smith Wealth Advisors LLC now owns 2,070 shares of the information services provider’s stock valued at $504,000 after acquiring an additional 36 shares during the period. Searle & CO. raised its holdings in Alphabet by 0.6% in the 3rd quarter. Searle & CO. now owns 5,703 shares of the information services provider’s stock valued at $1,389,000 after acquiring an additional 36 shares during the period. Navellier & Associates Inc. lifted its position in Alphabet by 0.6% during the third quarter. Navellier & Associates Inc. now owns 5,846 shares of the information services provider’s stock worth $1,424,000 after acquiring an additional 36 shares during the last quarter. Finally, BankPlus Wealth Management LLC lifted its position in Alphabet by 1.2% during the third quarter. BankPlus Wealth Management LLC now owns 3,143 shares of the information services provider’s stock worth $766,000 after acquiring an additional 37 shares during the last quarter. 27.26% of the stock is owned by institutional investors.

Insider Activity at Alphabet

In other news, CAO Amie Thuener O’toole sold 955 shares of the company’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $298.00, for a total transaction of $284,590.00. Following the completion of the sale, the chief accounting officer owned 9,918 shares of the company’s stock, valued at approximately $2,955,564. This represents a 8.78% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $307.89, for a total transaction of $10,006,425.00. Following the completion of the transaction, the chief executive officer directly owned 1,642,060 shares in the company, valued at $505,573,853.40. This trade represents a 1.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 2,110,165 shares of company stock worth $118,134,117 in the last 90 days. Corporate insiders own 12.99% of the company’s stock.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: DeepMind/robotics partnership expands commercial uses for Gemini models and underscores Alphabet’s leadership in agentic AI — a near‑term narrative investors reward. Google partners with Agile Robots
• Positive Sentiment: Google Cloud wins and industry deals (Openreach, BMO tokenization) reinforce enterprise monetization of AI/Cloud, supporting revenue growth that analysts cite in upgraded price targets. Openreach taps Google AI
• Neutral Sentiment: Technical and product improvements — lower‑memory AI algorithms and better AI‑generated music — improve efficiency and product appeal but are incremental for near‑term earnings. Google introduces new algos to reduce AI memory usage
• Neutral Sentiment: Regulatory/product initiatives in key markets — e.g., labeling verified investment apps in India — lower consumer‑risk friction but also signal more local compliance work for Google Play and services. Google to label verified investment apps in India
• Negative Sentiment: A Los Angeles jury found Google’s YouTube negligent in a social‑media addiction lawsuit — a small compensatory award now but a potential legal precedent that could multiply future litigation, settlement costs and regulatory scrutiny for platforms. That verdict has been the headline driver of earlier selling pressure. What did jury decide in social media case against Meta and Google?
• Negative Sentiment: Broader investor concerns — heavy AI capex, sector technical weakness and commentary about slide toward bear‑market territory — keep near‑term downside risk even as fundamentals improve. Google Stock Slides Toward Bear Market Territory

Alphabet Stock Performance

GOOG opened at $289.59 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. Alphabet Inc. has a 52-week low of $142.66 and a 52-week high of $350.15. The firm has a market cap of $3.50 trillion, a P/E ratio of 26.79, a price-to-earnings-growth ratio of 1.69 and a beta of 1.10. The business’s fifty day moving average is $315.11 and its 200-day moving average is $294.83.

Alphabet (NASDAQ:GOOG) last posted its quarterly earnings results on Thursday, February 5th. The information services provider reported $2.82 EPS for the quarter, beating analysts’ consensus estimates of $2.59 by $0.23. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The business had revenue of $113.83 billion during the quarter, compared to the consensus estimate of $111.24 billion. During the same quarter in the previous year, the firm earned $2.15 earnings per share. Alphabet’s revenue for the quarter was up 18.0% compared to the same quarter last year. Sell-side analysts expect that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were given a $0.21 dividend. The ex-dividend date was Monday, March 9th. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. Alphabet’s payout ratio is presently 7.77%.

Wall Street Analyst Weigh In

GOOG has been the topic of several research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $370.00 target price on shares of Alphabet in a research report on Tuesday, January 20th. Cantor Fitzgerald reissued a “neutral” rating on shares of Alphabet in a report on Tuesday, January 20th. Guggenheim restated a “buy” rating and issued a $375.00 price target on shares of Alphabet in a research note on Monday, December 1st. Jefferies Financial Group reaffirmed a “buy” rating and issued a $365.00 price objective on shares of Alphabet in a report on Monday, January 5th. Finally, Oppenheimer reiterated an “outperform” rating and set a $360.00 price objective on shares of Alphabet in a research report on Thursday, February 5th. Nine analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $345.71.

Alphabet Company Profile

Alphabet Inc (NASDAQ: GOOG) is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as “Other Bets.” Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company’s history.

Alphabet’s core business centers on internet search and advertising, with Google Search and the company’s ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.