Alphabet Inc. $GOOG Shares Sold by Bangor Savings Bank

Posted by Geri Gentry on Oct 6th, 2026

Bangor Savings Bank cut its stake in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 73.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,375 shares of the information services provider’s stock after selling 14,684 shares during the quarter. Bangor Savings Bank’s holdings in Alphabet were worth $1,831,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of GOOG. PPS&V Asset Management Consultants Inc. lifted its stake in Alphabet by 11.2% in the 3rd quarter. PPS&V Asset Management Consultants Inc. now owns 636 shares of the information services provider’s stock worth $217,000 after purchasing an additional 64 shares in the last quarter. Congress Asset Management Co. grew its position in shares of Alphabet by 19.9% in the third quarter. Congress Asset Management Co. now owns 75,582 shares of the information services provider’s stock valued at $25,754,000 after purchasing an additional 12,521 shares in the last quarter. Moody National Bank Trust Division grew its position in shares of Alphabet by 11.9% in the third quarter. Moody National Bank Trust Division now owns 29,763 shares of the information services provider’s stock valued at $10,141,000 after purchasing an additional 3,157 shares in the last quarter. Colton Groome Financial Advisors LLC increased its holdings in shares of Alphabet by 2.9% in the third quarter. Colton Groome Financial Advisors LLC now owns 2,924 shares of the information services provider’s stock valued at $996,000 after purchasing an additional 82 shares during the last quarter. Finally, GoalFusion Wealth Management LLC increased its holdings in shares of Alphabet by 39.4% in the third quarter. GoalFusion Wealth Management LLC now owns 2,890 shares of the information services provider’s stock valued at $985,000 after purchasing an additional 817 shares during the last quarter. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Alphabet Trading Up 0.2%

GOOG stock traded up $0.76 during midday trading on Tuesday, hitting $344.59. 13,145,065 shares of the company’s stock were exchanged, compared to its average volume of 20,507,479. The business has a 50-day simple moving average of $342.44 and a two-hundred day simple moving average of $345.87. 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 capitalization of $4.21 trillion, a PE ratio of 17.31, a P/E/G ratio of 0.99 and a beta of 1.19. Alphabet Inc. has a 1-year low of $236.68 and a 1-year high of $404.47.

Alphabet (NASDAQ:GOOG – Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The information services provider reported $9.11 EPS for the quarter, beating the consensus estimate of $2.87 by $6.24. The business had revenue of $119.80 billion for the quarter, compared to analyst estimates of $116.53 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.The company’s quarterly revenue was up 24.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.31 EPS. On average, sell-side analysts predict that Alphabet Inc. will post 20.55 EPS for the current fiscal year.

Alphabet Announces Dividend

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

Insider Buying and Selling

In other news, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the stock in a transaction on Monday, July 27th. The stock was sold at an average price of $19.46, for a total value of $3,832,277.26. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Frances Arnold sold 83 shares of Alphabet stock in a transaction on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total value of $28,257.35. Following the completion of the transaction, the director owned 19,076 shares of the company’s stock, valued at approximately $6,494,424.20. This trade 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 90 days, insiders have sold 441,399 shares of company stock valued at $8,677,053. Corporate insiders own 12.99% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on GOOG shares. DZ Bank upgraded Alphabet from a “buy” rating to a “strong-buy” rating in a research report on Thursday, July 23rd. Citigroup reaffirmed a “market outperform” rating on shares of Alphabet in a research note on Friday, August 14th. Zacks Research lowered Alphabet from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 5th. JPMorgan Chase & Co. lowered their price target on shares of Alphabet from $460.00 to $420.00 and set an “overweight” rating on the stock in a research report on Thursday, July 23rd. Finally, KeyCorp reissued an “overweight” rating and issued a $435.00 price objective on shares of Alphabet in a report on Thursday, October 1st. Six investment analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $420.07.

View Our Latest Research Report on Alphabet

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

Positive Sentiment: Google signed a 20-year agreement with Constellation Energy to secure 890 megawatts of additional nuclear capacity, while a separate 15-year agreement covers 2,700 megawatts from existing plants. The arrangements would provide up to 3,590 megawatts of reliable power for data centers and strengthen Alphabet’s ability to expand AI services. Google and Constellation nuclear-power agreement
Positive Sentiment: Analyst sentiment remains favorable. Six tracked firms have issued buy-equivalent ratings, and the median price target is $425, well above the current trading level. Investors are also highlighting strong Google Cloud growth, AI monetization potential, and Alphabet’s comparatively attractive valuation. Analyst price-target update
Neutral Sentiment: The nuclear arrangement is strategically important but may have limited near-term earnings impact. Constellation’s investment in reactor upgrades was reported at roughly $4.3 billion, while Google’s purchase price was not disclosed; the first additional capacity is expected around 2028. Analysis of the nuclear uprate agreement
Negative Sentiment: Several law firms announced securities-fraud class actions or investor solicitations involving Alphabet shareholders who purchased shares between May 19 and July 16, 2026. The allegations center on potentially misleading statements about Gemini 3.5 Pro’s development and launch timing after a significant share-price decline. Lead-plaintiff deadlines fall in late November or December. Alphabet securities class-action announcement
Negative Sentiment: Alphabet also faces a potential £1.2 billion UK claim over Google Play Store fees and a separate ad-tech damages case that could expose the company to substantial penalties if plaintiffs prevail. These matters add regulatory and litigation risk to the AI investment story. Google Play Store lawsuit

Alphabet Profile

(Free Report)

Alphabet Inc is a technology holding company best known as the parent company of Google. Established in 2015 through a corporate restructuring, Alphabet oversees Google and a collection of businesses focused on technology, innovation and emerging industries. Sundar Pichai serves as Alphabet’s chief executive officer and also leads Google.

Google is Alphabet’s primary business and operates an internet ecosystem that includes Google Search, online advertising, YouTube, Android, Chrome, Google Maps, Google Play and Google Photos.