Alphabet Inc. (NASDAQ:GOOGL) Shares Sold by Pinnacle Bancorp Inc.

June 30, 2025

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Pinnacle Bancorp Inc. lessened its stake in Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 2.5% during the first quarter, Holdings Channel reports. The firm owned 20,395 shares of the information services provider’s stock after selling 522 shares during the period. Alphabet makes up about 1.0% of Pinnacle Bancorp Inc.’s holdings, making the stock its 20th biggest holding. Pinnacle Bancorp Inc.’s holdings in Alphabet were worth $3,154,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in GOOGL. Wealth Group Ltd. boosted its holdings in shares of Alphabet by 5.2% in the 4th quarter. Wealth Group Ltd. now owns 1,582 shares of the information services provider’s stock valued at $299,000 after purchasing an additional 78 shares during the last quarter. Capital & Planning LLC raised its stake in shares of Alphabet by 34.3% in the 4th quarter. Capital & Planning LLC now owns 4,383 shares of the information services provider’s stock valued at $830,000 after acquiring an additional 1,119 shares during the period. Eagle Capital Management LLC raised its stake in shares of Alphabet by 0.7% in the 4th quarter. Eagle Capital Management LLC now owns 50,132 shares of the information services provider’s stock valued at $9,490,000 after acquiring an additional 371 shares during the period. Brighton Jones LLC raised its stake in shares of Alphabet by 3.9% in the 4th quarter. Brighton Jones LLC now owns 110,330 shares of the information services provider’s stock valued at $20,886,000 after acquiring an additional 4,110 shares during the period. Finally, Union Bancaire Privee UBP SA purchased a new position in shares of Alphabet in the 4th quarter valued at $154,716,000. Institutional investors and hedge funds own 40.03% of the company’s stock.

Alphabet Stock Up 2.9%

NASDAQ:GOOGL opened at $178.53 on Monday. The company has a market capitalization of $2.17 trillion, a price-to-earnings ratio of 19.90, a price-to-earnings-growth ratio of 1.26 and a beta of 1.01. Alphabet Inc. has a one year low of $140.53 and a one year high of $207.05. The stock has a 50-day simple moving average of $166.45 and a 200 day simple moving average of $174.26. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.77 and a current ratio of 1.77.

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Alphabet (NASDAQ:GOOGL – Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The information services provider reported $2.81 EPS for the quarter, topping analysts’ consensus estimates of $2.02 by $0.79. The business had revenue of $76.49 billion during the quarter, compared to the consensus estimate of $89.30 billion. Alphabet had a return on equity of 34.54% and a net margin of 30.86%. During the same period last year, the firm earned $1.89 earnings per share. Sell-side analysts predict that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 16th. Investors of record on Monday, June 9th were paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 0.47%. This is an increase from Alphabet’s previous quarterly dividend of $0.20. The ex-dividend date of this dividend was Monday, June 9th. Alphabet’s dividend payout ratio (DPR) is 9.36%.

Insider Buying and Selling at Alphabet

In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction that occurred on Wednesday, June 18th. The stock was sold at an average price of $176.68, for a total value of $5,742,100.00. Following the completion of the transaction, the chief executive officer now directly owns 2,555,196 shares in the company, valued at $451,452,029.28. The trade was a 1.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Amie Thuener O’toole sold 673 shares of Alphabet stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of $155.33, for a total value of $104,537.09. Following the completion of the transaction, the chief accounting officer now owns 15,303 shares of the company’s stock, valued at approximately $2,377,014.99. The trade was a 4.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 216,195 shares of company stock worth $35,764,898 over the last ninety days. Company insiders own 11.55% of the company’s stock.

Analyst Upgrades and Downgrades

GOOGL has been the topic of a number of research reports. JMP Securities raised shares of Alphabet from a “market perform” rating to a “market outperform” rating and set a $220.00 target price on the stock in a research note on Friday. JPMorgan Chase & Co. cut their target price on shares of Alphabet from $220.00 to $180.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 8th. BNP Paribas downgraded shares of Alphabet from a “strong-buy” rating to a “hold” rating in a research note on Thursday. Bank of America raised their target price on shares of Alphabet from $185.00 to $200.00 and gave the company a “buy” rating in a research note on Friday, April 25th. Finally, Susquehanna cut their target price on shares of Alphabet from $225.00 to $220.00 and set a “positive” rating on the stock in a research note on Friday, April 25th. Ten research analysts have rated the stock with a hold rating, twenty-eight have assigned a buy rating and four have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $199.95.

Check Out Our Latest Stock Analysis on Alphabet

Alphabet Company Profile

(Free Report)

Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.