Alphabet Inc. $GOOGL Shares Sold by Iowa State Bank

Posted by Geri Gentry on Oct 6th, 2026

Iowa State Bank decreased its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 12.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 52,673 shares of the information services provider’s stock after selling 7,479 shares during the period. Alphabet makes up about 2.9% of Iowa State Bank’s portfolio, making the stock its 11th largest position. Iowa State Bank’s holdings in Alphabet were worth $18,124,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. State Street Corp increased its position in shares of Alphabet by 5.6% during the 2nd quarter. State Street Corp now owns 238,977,259 shares of the information services provider’s stock valued at $85,403,303,000 after purchasing an additional 12,718,127 shares during the last quarter. Diamant Asset Management Inc. boosted its holdings in shares of Alphabet by 28,950.0% in the 1st quarter. Diamant Asset Management Inc. now owns 9,291,926 shares of the information services provider’s stock worth $2,671,986,000 after buying an additional 9,259,940 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its position in Alphabet by 90.9% during the first quarter. Arrowstreet Capital Limited Partnership now owns 17,040,373 shares of the information services provider’s stock valued at $4,900,078,000 after buying an additional 8,112,680 shares during the period. Corient Private Wealth LLC grew its position in Alphabet by 127.9% during the fourth quarter. Corient Private Wealth LLC now owns 11,677,886 shares of the information services provider’s stock valued at $3,655,178,000 after buying an additional 6,554,842 shares during the period. Finally, T. Rowe Price Investment Management Inc. increased its holdings in Alphabet by 45.8% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 13,737,125 shares of the information services provider’s stock worth $4,299,721,000 after buying an additional 4,313,745 shares during the last quarter. 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: Alphabet’s Google signed a 20-year power-purchase agreement with Constellation Energy for 890 megawatts of nuclear power. The deal is intended to support growing AI data-center demand and fund efficiency upgrades at 11 existing nuclear units, improving Alphabet’s access to reliable electricity. Google strikes 20-year Constellation deal to add 890MW of nuclear power
Positive Sentiment: Google Cloud reportedly delivered 82% revenue growth, strengthening the investment case that cloud and AI services can become a larger profit engine. Some analysts argue that Alphabet’s shares remain discounted relative to their estimated upside, particularly given the company’s lower valuation than some other large AI stocks. Alphabet Has the Biggest Upside in the Mag 7 Right Now
Positive Sentiment: Alphabet unveiled Gemini 4 Argon, positioning the model for complex enterprise tasks such as software engineering, cybersecurity and financial research. Successful adoption could support paid subscriptions, cloud demand and AI monetization across several businesses. Tech Bytes: Google unveils Gemini 4 Argon
Neutral Sentiment: Commentary remains favorable toward Alphabet because it can monetize AI through advertising, cloud contracts and subscriptions. However, investors are also monitoring rapidly rising infrastructure spending; Alphabet reportedly spent $44.92 billion on capital expenditures in the second quarter, creating pressure to convert AI investment into sustained returns. AI Is Burning Through More Money Than Any Technology Boom in History
Negative Sentiment: Several law firms publicized securities-fraud class actions concerning alleged misstatements about Gemini 3.5 Pro’s development and launch timing. The claims relate to a prior stock decline and could create legal costs, although the lawsuits remain allegations and their ultimate financial impact is uncertain. Alphabet Shareholder Securities-Fraud Class Action
Negative Sentiment: A federal judge also allowed a roughly $3.2 billion ad-tech damages claim to proceed to trial. Potential treble damages under antitrust law increase the headline risk, though no judgment has been entered. Google Faces a $3.2 Billion Ad-Tech Damages Claim

Insider Buying and Selling

In related news, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of Alphabet stock in a transaction 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 transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Frances Arnold sold 83 shares of the company’s stock in a transaction on Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total transaction of $28,257.35. Following the completion of the transaction, the director owned 19,076 shares of the company’s stock, valued at $6,494,424.20. This trade represents a 0.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 441,399 shares of company stock valued at $8,677,053 over the last quarter. 11.61% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on GOOGL. DZ Bank upgraded shares of Alphabet to a “strong-buy” rating in a research note on Thursday, July 23rd. Benchmark reissued a “buy” rating on shares of Alphabet in a report on Thursday. Evercore reiterated an “outperform” rating and set a $450.00 price target on shares of Alphabet in a research report on Wednesday, September 16th. KeyCorp increased their price objective on Alphabet from $425.00 to $445.00 and gave the stock an “overweight” rating in a research report on Friday, July 10th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Alphabet in a research report on Friday, July 17th. Five research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $425.72.

Check Out Our Latest Analysis on Alphabet

Alphabet Trading Up 0.2%

Alphabet stock traded up $0.76 during trading hours on Tuesday, reaching $347.23. The company had a trading volume of 8,779,770 shares, compared to its average volume of 30,807,914. The company has a 50-day moving average price of $345.14 and a 200 day moving average price of $348.25. Alphabet Inc. has a 12-month low of $235.84 and a 12-month 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. The firm has a market cap of $4.25 trillion, a price-to-earnings ratio of 17.44, a P/E/G ratio of 0.99 and a beta of 1.21.

Alphabet (NASDAQ:GOOGL – Get Free Report) last announced its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.89 by $6.22. The business 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 analysts forecast that Alphabet Inc. will post 20.55 earnings per share for the current year.

Alphabet Dividend Announcement

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

Alphabet Profile

(Free Report)

Alphabet Inc is a technology and internet services company best known as the parent company of Google. Its primary business, Google Services, includes online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a range of hardware and subscription products.

Alphabet also operates Google Cloud, which provides infrastructure, data analytics, cybersecurity, productivity software, and artificial intelligence services to businesses, governments, and other organizations.