Alphabet Inc. $GOOGL Shares Sold by Sitrin Capital Management LLC

Posted by Stanley Muller on Aug 22nd, 2026

Sitrin Capital Management LLC decreased its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 25.6% during the second quarter, Holdings Channel.com reports. The fund owned 20,190 shares of the information services provider’s stock after selling 6,957 shares during the period. Alphabet accounts for approximately 3.2% of Sitrin Capital Management LLC’s holdings, making the stock its 10th biggest holding. Sitrin Capital Management LLC’s holdings in Alphabet were worth $7,215,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Lifetime Wealth Management P.C. acquired a new stake in Alphabet in the 4th quarter worth approximately $32,000. EMC Capital Management acquired a new position in Alphabet during the 4th quarter valued at approximately $33,000. IFC & Insurance Marketing Inc. acquired a new position in Alphabet during the 4th quarter valued at approximately $38,000. Bard Associates Inc. purchased a new position in shares of Alphabet in the fourth quarter worth $52,000. Finally, iSAM Funds UK Ltd purchased a new position in shares of Alphabet in the third quarter worth $53,000. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Wall Street Analysts Forecast Growth

GOOGL has been the subject of several research reports. Robert W. Baird lifted their price objective on shares of Alphabet from $380.00 to $400.00 and gave the stock an “outperform” rating in a research note on Thursday, April 30th. CICC Research upped their target price on Alphabet from $388.00 to $407.91 and gave the company an “outperform” rating in a research report on Friday, May 1st. KeyCorp raised their target price on Alphabet from $425.00 to $445.00 and gave the stock an “overweight” rating in a research note on Friday, July 10th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $420.00 price target (down from $435.00) on shares of Alphabet in a research report on Thursday, July 23rd. Finally, Wells Fargo & Company set a $411.00 price target on Alphabet and gave the company an “overweight” rating in a research note on Thursday, July 23rd. Six investment analysts have rated the stock with a Strong Buy rating, forty-four have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $420.19.

Get Our Latest Stock Report on Alphabet

Insider Transactions at Alphabet

In other news, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $18.90, for a total value of $2,232,808.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Frances Arnold sold 82 shares of the firm’s stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $333.39, for a total transaction of $27,337.98. Following the completion of the transaction, the director directly owned 18,914 shares in the company, valued at $6,305,738.46. This trade represents a 0.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 451,945 shares of company stock valued at $12,382,714 in the last 90 days. Corporate insiders own 11.61% of the company’s stock.

Alphabet Stock Up 1.2%

Shares of GOOGL stock opened at $344.82 on Friday. The stock has a 50 day moving average of $352.00 and a 200 day moving average of $341.37. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16. The stock has a market cap of $4.22 trillion, a P/E ratio of 17.32, a P/E/G ratio of 0.96 and a beta of 1.24. Alphabet Inc. has a twelve month low of $201.30 and a twelve month high of $408.61.

Alphabet (NASDAQ:GOOGL – Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share for the quarter, beating analysts’ consensus estimates of $2.89 by $6.22. The company had revenue of $119.80 billion during the quarter, compared to analysts’ expectations of $117.07 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. As a group, sell-side analysts expect that Alphabet Inc. will post 20.51 EPS for the current year.

Alphabet Dividend Announcement

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

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

Positive Sentiment: Rosenblatt upgraded Alphabet to “strong buy” and reiterated a $410 price target, implying substantial upside and reinforcing the bullish view following Alphabet’s strong earnings report. Alphabet upgraded by Rosenblatt Securities
Positive Sentiment: Alphabet’s AI spending continues to attract major customers and suppliers. Marvell’s custom-chip agreement includes a warrant structure that would require up to $120 billion of cumulative purchases from Google for full vesting, signaling the potentially enormous scale of Alphabet’s TPU and AI infrastructure buildout. Google’s Marvell warrant
Positive Sentiment: Waymo received approval to operate up to thousands of commercial robotaxis in Nevada and opened its lower-cost next-generation vehicle to riders in Los Angeles, Phoenix, and San Francisco. Lower production and operating costs could improve the long-term economics of Alphabet’s autonomous-driving unit. Waymo Nevada robotaxi approval
Positive Sentiment: Alphabet’s earnings momentum remains a support for the stock. The company recently exceeded consensus estimates for both adjusted earnings and revenue, while analysts and prominent investors—including Berkshire Hathaway—continue to highlight Alphabet’s AI positioning and valuation.

Alphabet Profile

(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.