Alphabet Inc. $GOOGL Shares Sold by CCM Investment Advisers LLC

Posted by George Bondi on Aug 8th, 2026

CCM Investment Advisers LLC lessened its holdings in Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 3.3% in the first quarter, Holdings Channel reports. The institutional investor owned 132,216 shares of the information services provider’s stock after selling 4,552 shares during the period. Alphabet accounts for approximately 3.6% of CCM Investment Advisers LLC’s holdings, making the stock its largest position. CCM Investment Advisers LLC’s holdings in Alphabet were worth $38,020,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Strategic Wealth Advisors LLC grew its stake in Alphabet by 6.0% during the 1st quarter. Strategic Wealth Advisors LLC now owns 477 shares of the information services provider’s stock worth $137,000 after buying an additional 27 shares during the last quarter. Rockbridge Investment Management LCC raised its stake in Alphabet by 0.5% in the first quarter. Rockbridge Investment Management LCC now owns 5,460 shares of the information services provider’s stock valued at $1,570,000 after buying an additional 27 shares during the last quarter. Midwest Professional Planners LTD. boosted its holdings in Alphabet by 1.2% in the first quarter. Midwest Professional Planners LTD. now owns 2,364 shares of the information services provider’s stock worth $680,000 after acquiring an additional 29 shares in the last quarter. Symmetry Partners LLC grew its stake in shares of Alphabet by 0.4% during the fourth quarter. Symmetry Partners LLC now owns 7,912 shares of the information services provider’s stock worth $2,476,000 after acquiring an additional 30 shares during the last quarter. Finally, Private Wealth Management Group LLC grew its stake in shares of Alphabet by 1.2% during the first quarter. Private Wealth Management Group LLC now owns 2,540 shares of the information services provider’s stock worth $730,000 after acquiring an additional 30 shares during the last quarter. 40.03% of the stock is owned by institutional investors.

Insider Transactions at Alphabet

In other Alphabet news, CAO Marsida Saraci sold 449 shares of the stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total transaction of $149,606.80. Following the completion of the transaction, the chief accounting officer owned 27,386 shares of the company’s stock, valued at $9,125,015.20. This represents a 1.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Frances Arnold sold 82 shares of Alphabet stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $333.39, for a total value of $27,337.98. Following the completion of the sale, the director directly owned 18,914 shares in the company, valued at $6,305,738.46. This represents a 0.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 600,547 shares of company stock valued at $16,255,540. 11.61% of the stock is currently owned by corporate insiders.

Alphabet Trading Down 1.0%

GOOGL stock opened at $354.30 on Friday. Alphabet Inc. has a 52-week low of $196.60 and a 52-week high of $408.61. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16. The firm has a market cap of $4.33 trillion, a P/E ratio of 17.80, a PEG ratio of 1.00 and a beta of 1.24. The company’s 50-day simple moving average is $355.68 and its 200-day simple moving average is $340.41.

Alphabet (NASDAQ:GOOGL – Get Free Report) last issued its quarterly earnings data 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 return on equity of 51.32% and a net margin of 54.77%. As a group, equities analysts forecast that Alphabet Inc. will post 20.51 EPS for the current fiscal year.

Alphabet Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 14th. Investors of record on Monday, September 7th will be paid a $0.22 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.88 dividend on an annualized basis and a yield of 0.2%. Alphabet’s dividend payout ratio (DPR) is currently 4.42%.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

Positive Sentiment: Google Cloud revenue reportedly increased 82% in the second quarter, with backlog reaching $514 billion, while the Gemini app reached approximately 950 million monthly active users. The results reinforce the commercial demand supporting Alphabet’s AI and cloud investments. Google’s AI business is booming, so why are DeepMind’s biggest names quitting?
Positive Sentiment: Analysts and investors continue to highlight Alphabet’s strong cash generation, balance sheet and valuation relative to its growth prospects. Some market models see the shares reaching $400 as Cloud momentum and AI monetization continue. Price Prediction: Google Will Hit $400 on This Date
Positive Sentiment: Alphabet’s expanded Google Cloud partnership with AI lab Mirendil, reportedly worth more than $100 million over multiple years, provides another example of demand for its computing infrastructure. Mirendil Google Cloud deal

Analyst Upgrades and Downgrades

GOOGL has been the subject of a number of research analyst reports. Loop Capital raised their price target on shares of Alphabet from $355.00 to $490.00 and gave the stock a “buy” rating in a report on Friday, May 15th. New Street Research upped their target price on Alphabet from $450.00 to $455.00 and gave the company a “buy” rating in a research report on Friday, June 5th. DZ Bank upgraded Alphabet to a “strong-buy” rating in a research note on Thursday, July 23rd. Phillip Securities raised Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research report on Monday, July 27th. Finally, Evercore lifted their price target on Alphabet from $400.00 to $420.00 and gave the stock an “outperform” rating in a research report on Thursday, April 30th. Six equities research analysts have rated the stock with a Strong Buy rating, forty-four have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $419.86.

View Our Latest Stock Analysis on GOOGL

About Alphabet

(Free Report)

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.