TRB Wealth Management LLC Sells 6,174 Shares of Alphabet Inc. $GOOGL

TRB Wealth Management LLC lowered its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 14.9% in the second quarter, Holdings Channel reports. The institutional investor owned 35,161 shares of the information services provider’s stock after selling 6,174 shares during the period. Alphabet accounts for 1.7% of TRB Wealth Management LLC’s holdings, making the stock its 11th biggest position. TRB Wealth Management LLC’s holdings in Alphabet were worth $12,565,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in GOOGL. Lifetime Wealth Management P.C. purchased a new position in Alphabet in the fourth quarter valued at about $32,000. EMC Capital Management bought a new stake in shares of Alphabet in the 4th quarter valued at about $33,000. IFC & Insurance Marketing Inc. purchased a new position in shares of Alphabet in the 4th quarter worth approximately $38,000. Bard Associates Inc. bought a new position in shares of Alphabet during the 4th quarter worth approximately $52,000. Finally, iSAM Funds UK Ltd purchased a new stake in Alphabet during the third quarter valued at approximately $53,000. 40.03% of the stock is owned by institutional investors.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud revenue growth and expanding margins continue to support Alphabet’s AI investment strategy. Supporters argue that cloud growth—reportedly up 82% year over year—could eventually justify the company’s much higher spending. Google Cloud growth article
• Positive Sentiment: A federal judge rejected a forced breakup of Google’s ad-tech business, limiting the immediate structural risk to Alphabet. The company will instead face behavioral remedies, although the ad-network business recently contracted. Google ad-business ruling
• Positive Sentiment: New AI features in Gmail, Docs and Keep, along with continued Gemini development, could improve user engagement and strengthen Alphabet’s competitive position in generative AI. Rosenblatt also reaffirmed a buy rating with a $410 price target. Google AI product launch
• Neutral Sentiment: Alphabet will pay a quarterly dividend of $0.22 per share on September 14 to shareholders of record on September 4, providing a modest income component but unlikely to materially change the investment case. Alphabet dividend article
• Negative Sentiment: Alphabet raised 2026 capital-spending guidance to approximately $195 billion–$205 billion. Second-quarter free cash flow turned negative as capital expenditures reached $44.9 billion, raising concerns that AI infrastructure spending may take years to generate adequate returns. Alphabet cloud margins and AI spending
• Negative Sentiment: Investors are also concerned about execution: Gemini 3.5 Pro reportedly remained delayed, while the company faces multiple securities-fraud investigations and continued scrutiny over its ad-tech practices. These issues add legal and competitive risk to an already expensive AI buildout. Gemini delay article

Wall Street Analysts Forecast Growth

GOOGL has been the topic of several recent analyst reports. UBS Group reduced their target price on Alphabet from $400.00 to $379.00 and set a “neutral” rating on the stock in a research report on Thursday, July 23rd. New Street Research boosted their target price on shares of Alphabet from $450.00 to $455.00 and gave the stock a “buy” rating in a research report on Friday, June 5th. Truist Financial set a $420.00 price target on shares of Alphabet and gave the company a “buy” rating in a research note on Thursday, July 23rd. Needham & Company LLC reiterated a “buy” rating and set a $450.00 price objective on shares of Alphabet in a research note on Wednesday, June 3rd. Finally, Morgan Stanley set a $400.00 target price on Alphabet and gave the company an “overweight” rating in a research report on Thursday, July 23rd. Five analysts have rated the stock with a Strong Buy rating, forty-five have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $420.19.

Insider Buying and Selling

In related news, Director Frances Arnold sold 82 shares of the firm’s stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $337.71, for a total transaction of $27,692.22. Following the sale, the director directly owned 18,995 shares of the company’s stock, valued at $6,414,801.45. This trade represents a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of Alphabet stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $18.90, for a total value of $2,232,808.20. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 451,925 shares of company stock valued at $12,371,544 over the last ninety days. Company insiders own 11.61% of the company’s stock.

Alphabet Trading Down 1.2%

Shares of Alphabet stock opened at $338.46 on Friday. The stock has a market cap of $4.14 trillion, a PE ratio of 17.00, a price-to-earnings-growth ratio of 0.98 and a beta of 1.22. The firm has a fifty day moving average price of $349.02 and a 200 day moving average price of $342.61. Alphabet Inc. has a 1 year low of $231.90 and a 1 year high of $408.61. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, beating the consensus estimate of $2.89 by $6.22. The company had revenue of $119.80 billion for the quarter, compared to analyst estimates of $117.07 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. Equities research analysts predict that Alphabet Inc. will post 20.5 earnings per share for the current year.

Alphabet Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 14th. Stockholders of record on Monday, September 7th will be paid a $0.22 dividend. The ex-dividend date is Friday, September 4th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet’s dividend payout ratio is presently 4.42%.

Alphabet Company 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.