Alphabet Inc. $GOOGL Shares Sold by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp reduced its stake in shares of Alphabet Inc. (NASDAQ:GOOGLFree Report) by 0.3% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,241,156 shares of the information services provider’s stock after selling 9,270 shares during the period. Alphabet accounts for 2.5% of Mitsubishi UFJ Trust & Banking Corp’s investment portfolio, making the stock its 5th biggest holding. Mitsubishi UFJ Trust & Banking Corp’s holdings in Alphabet were worth $1,158,292,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of GOOGL. Strategic Wealth Advisors LLC increased its position in Alphabet by 6.0% in the 1st quarter. Strategic Wealth Advisors LLC now owns 477 shares of the information services provider’s stock worth $137,000 after purchasing an additional 27 shares during the last quarter. Rockbridge Investment Management LCC increased its holdings 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 worth $1,570,000 after buying an additional 27 shares during the last quarter. Ruggaard & Associates LLC raised its position in Alphabet by 0.9% during the first quarter. Ruggaard & Associates LLC now owns 2,921 shares of the information services provider’s stock valued at $840,000 after acquiring an additional 27 shares in the last quarter. Cadia Private Client LLC lifted its stake in Alphabet by 1.1% in the first quarter. Cadia Private Client LLC now owns 2,589 shares of the information services provider’s stock valued at $744,000 after acquiring an additional 28 shares during the last quarter. Finally, Evansbrook LLC lifted its stake in Alphabet by 0.3% in the first quarter. Evansbrook LLC now owns 9,522 shares of the information services provider’s stock valued at $2,738,000 after acquiring an additional 28 shares during the last quarter. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Frances Arnold sold 82 shares of the company’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. The trade was a 0.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the 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 SEC filing for this sale provides additional information. Insiders have sold 451,843 shares of company stock worth $12,343,852 in the last 90 days. 11.61% of the stock is owned by company insiders.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

  • Positive Sentiment: Google is testing Gemini 3.8 Flash internally, suggesting a near-term launch of a faster, lower-cost AI model that could strengthen Alphabet’s competitive position and improve AI product monetization. Google employees are already testing the next Gemini Flash AI model
  • Positive Sentiment: Google expanded AI Mode with flight-price tracking, hotel booking assistance and loyalty-point comparisons. The additions could increase user engagement and protect Google’s role in travel-related advertising and transactions. Google’s AI Mode can now track flight prices, help book hotels, and more
  • Positive Sentiment: Analyst commentary remains favorable, citing approximately 14.4% advertising growth in the second quarter, AI-enhanced Search and YouTube tools, diversified revenue and a lower valuation than some large technology peers. GOOGL Rides on Strong Advertising Revenues
  • Positive Sentiment: Berkshire Hathaway reportedly increased its Alphabet position by 83% to about $37.8 billion, providing a high-profile vote of confidence in Alphabet’s search, cloud and AI growth prospects. Berkshire Boosts Its Bet
  • Positive Sentiment: Barret Zoph, a prominent AI researcher and Thinking Machines co-founder, is joining Google as a research vice president. The hire may help address concerns about Google’s recent loss of senior AI talent. Barret Zoph is now at Google
  • Neutral Sentiment: Google joined more than 100 technology companies calling for coordinated defenses against AI-related cyber threats. The initiative supports responsible AI adoption but has limited immediate financial impact. Companies call for action against rogue AI
  • Negative Sentiment: The FTC is reportedly nearing a potential lawsuit over YouTube account suspensions and alleged consumer-protection violations, adding regulatory uncertainty around the platform. FTC probes YouTube over social media policies
  • Negative Sentiment: Google agreed to pay £260 million, or about $353 million, to settle a UK lawsuit brought by app developers, highlighting continuing legal exposure related to its app-distribution practices. Google agrees to settle UK app developers’ lawsuit
  • Negative Sentiment: Multiple law firms announced investigations into possible securities-law violations involving Alphabet, which could increase headline risk despite the notices containing no finding of wrongdoing. Pomerantz investor alert
  • Negative Sentiment: Alphabet’s AI infrastructure spending remains a concern: servers represented roughly 60% of technical infrastructure investment, while Nvidia-based server prices may rise more than 15%, potentially pressuring capital efficiency and free cash flow. Alphabet infrastructure spending and Nvidia server prices

Wall Street Analyst Weigh In

GOOGL has been the topic of several analyst reports. Guggenheim restated a “buy” rating and set a $450.00 price target (up from $375.00) on shares of Alphabet in a research note on Thursday, April 30th. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $390.00 price objective (up from $345.00) on shares of Alphabet in a research note on Thursday, April 30th. CICC Research increased their target price on shares of Alphabet from $388.00 to $407.91 and gave the stock an “outperform” rating in a research report on Friday, May 1st. Oppenheimer raised their target price on Alphabet from $425.00 to $445.00 and gave the company an “outperform” rating in a report on Friday, May 15th. Finally, Morgan Stanley set a $400.00 target price on Alphabet and gave the company an “overweight” rating in a report on Thursday, July 23rd. Six research analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $420.19.

Get Our Latest Research Report on Alphabet

Alphabet Stock Performance

NASDAQ:GOOGL opened at $340.65 on Friday. Alphabet Inc. has a 1 year low of $206.20 and a 1 year high of $408.61. The firm’s fifty day simple moving average is $350.06 and its 200 day simple moving average is $341.71. 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 firm has a market capitalization of $4.17 trillion, a PE ratio of 17.11, a PEG ratio of 0.96 and a beta of 1.24.

Alphabet (NASDAQ:GOOGLGet Free Report) last announced its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, topping the consensus estimate of $2.89 by $6.22. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The firm had revenue of $119.80 billion for the quarter, compared to the consensus estimate of $117.07 billion. On average, sell-side analysts anticipate that Alphabet Inc. will post 20.5 EPS for the current year.

Alphabet Dividend Announcement

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

Alphabet Company 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.

See Also

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Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOGL)

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