Alphabet Inc. $GOOG Shares Sold by First National Bank & Trust Co. of Newtown

First National Bank & Trust Co. of Newtown decreased its position in Alphabet Inc. (NASDAQ:GOOG) by 23.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 8,466 shares of the information services provider’s stock after selling 2,639 shares during the period. First National Bank & Trust Co. of Newtown’s holdings in Alphabet were worth $2,428,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. Nvest Wealth Strategies Inc. bought a new position in Alphabet in the 4th quarter valued at about $38,000. Lifetime Wealth Management P.C. bought a new stake in shares of Alphabet during the 4th quarter worth about $38,000. Imprint Wealth LLC bought a new stake in shares of Alphabet during the 3rd quarter worth about $31,000. Bard Associates Inc. bought a new stake in shares of Alphabet during the 4th quarter worth about $41,000. Finally, Towne Trust Company N.A lifted its stake in shares of Alphabet by 34.0% in the 4th quarter. Towne Trust Company N.A now owns 134 shares of the information services provider’s stock worth $42,000 after acquiring an additional 34 shares during the period. Institutional investors and hedge funds own 27.26% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on GOOG. Phillip Securities lowered shares of Alphabet from a “strong-buy” rating to a “moderate buy” rating in a research note on Wednesday, April 15th. KeyCorp set a $445.00 target price on Alphabet in a research report on Friday. Stifel Nicolaus set a $420.00 price target on Alphabet in a research note on Wednesday, May 20th. TD Cowen increased their price target on Alphabet from $450.00 to $475.00 and gave the company a “buy” rating in a research note on Tuesday, June 9th. Finally, Pivotal Research reiterated a “buy” rating and set a $470.00 price target (up from $420.00) on shares of Alphabet in a research report on Wednesday, April 29th. Five investment analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $378.53.

Insiders Place Their Bets

In other Alphabet news, CAO Marsida Saraci sold 449 shares of the company’s stock in a transaction that occurred on Friday, June 26th. The stock was sold at an average price of $341.72, for a total transaction of $153,432.28. Following the completion of the sale, the chief accounting officer owned 27,348 shares of the company’s stock, valued at $9,345,358.56. This represents a 1.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John L. Hennessy sold 1,050 shares of Alphabet stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $368.63, for a total value of $387,061.50. Following the completion of the transaction, the director owned 1,481 shares in the company, valued at $545,941.03. The trade was a 41.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 160,465 shares of company stock worth $8,020,511 in the last quarter. Corporate insiders own 12.99% of the company’s stock.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet received a fresh boost from analyst commentary and upgrades, including a Zacks Rank #1 (Strong Buy) and Bank of America’s view that Google search remains in an “expansionary moment,” which supports the case for continued earnings strength. Article: Alphabet (GOOG) Upgraded to Strong Buy: Here’s What You Should Know
• Positive Sentiment: Reports highlighted continued user and traffic gains for Google, while new AI chip initiatives suggest Alphabet could expand its TPU business and strengthen its position in cloud AI infrastructure. Article: Google holds steady as Claude, Gemini surge in June user growth
• Positive Sentiment: Several articles framed Alphabet as a key AI beneficiary with custom chips, hyperscaler scale, and potential upside into its July 22 earnings report, which may be helping support the shares. Article: Google (GOOGL) Wants a Bigger Piece of Nvidia’s AI Chip Market – Here’s Its Plan
• Neutral Sentiment: Investors are also watching Alphabet closely because it is a heavily followed “trending stock,” with attention building ahead of earnings rather than on a single new fundamental catalyst. Article: Alphabet Inc. (GOOG) Is a Trending Stock: Facts to Know Before Betting on It
• Negative Sentiment: Despite the bullish AI narrative, multiple reports point to a large and rising capex burden—analysts expect roughly $44.9 billion in Q2 capital spending—raising concerns that heavy AI investment could pressure near-term margins and cash flow. Article: Big Tech’s Massive AI Spending Is Just Starting. Earnings Will Show It.
• Negative Sentiment: Alphabet also faces broader investor concern that its ad dominance could come under threat and that the market may be discounting the payoff from its spending surge until earnings confirm the growth story. Article: Alphabet’s $1 Trillion Ad Dominance Is Facing New Threats

Alphabet Trading Down 1.2%

Shares of NASDAQ GOOG opened at $350.67 on Tuesday. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a 12 month low of $180.71 and a 12 month high of $404.47. The company has a market cap of $4.25 trillion, a price-to-earnings ratio of 26.75, a P/E/G ratio of 1.52 and a beta of 1.23. The business has a fifty day simple moving average of $369.19 and a 200-day simple moving average of $335.63.

Alphabet (NASDAQ:GOOG) last posted its quarterly earnings data on Thursday, April 30th. The information services provider reported $5.11 EPS for the quarter, topping analysts’ consensus estimates of $2.68 by $2.43. The firm had revenue of $109.90 billion during the quarter, compared to analyst estimates of $106.96 billion. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. The company’s revenue was up 21.8% on a year-over-year basis. During the same quarter last year, the business posted $2.81 EPS. Sell-side analysts predict that Alphabet Inc. will post 14.32 EPS for the current year.

Alphabet Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 8th were issued a dividend of $0.22 per share. The ex-dividend date was Monday, June 8th. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. This is a positive change from Alphabet’s previous quarterly dividend of $0.21. Alphabet’s dividend payout ratio is presently 6.71%.

Alphabet Company Profile

Alphabet Inc (NASDAQ: GOOG) is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as “Other Bets.” Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company’s history.

Alphabet’s core business centers on internet search and advertising, with Google Search and the company’s ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.