Matrix Trust Co Raises Stake in Alphabet Inc. $GOOGL

September 24, 2025

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Matrix Trust Co lifted its position in shares of Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 48.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 1,962 shares of the information services provider’s stock after buying an additional 640 shares during the period. Matrix Trust Co’s holdings in Alphabet were worth $346,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. Guardian Wealth Management Inc. lifted its position in Alphabet by 242.9% during the first quarter. Guardian Wealth Management Inc. now owns 168 shares of the information services provider’s stock worth $26,000 after buying an additional 119 shares during the period. IMA Advisory Services Inc. purchased a new stake in shares of Alphabet during the 1st quarter valued at $28,000. von Borstel & Associates Inc. acquired a new stake in shares of Alphabet during the 1st quarter worth $28,000. NBZ Investment Advisors LLC increased its holdings in shares of Alphabet by 85.7% during the 1st quarter. NBZ Investment Advisors LLC now owns 195 shares of the information services provider’s stock worth $30,000 after buying an additional 90 shares during the last quarter. Finally, Financial Gravity Asset Management Inc. purchased a new position in shares of Alphabet in the 1st quarter worth $39,000. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Alphabet Stock Down 0.3%

Shares of Alphabet stock opened at $251.66 on Wednesday. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.90 and a quick ratio of 1.90. Alphabet Inc. has a 1-year low of $140.53 and a 1-year high of $256.00. The business has a 50-day moving average of $212.18 and a 200-day moving average of $181.45. The company has a market capitalization of $3.04 trillion, a PE ratio of 26.80, a P/E/G ratio of 1.70 and a beta of 1.01.

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Alphabet (NASDAQ:GOOGL – Get Free Report) last posted its quarterly earnings results on Wednesday, July 23rd. The information services provider reported $2.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.15 by $0.16. Alphabet had a net margin of 31.12% and a return on equity of 34.31%. The firm had revenue of $96.43 billion for the quarter, compared to analysts’ expectations of $93.60 billion. As a group, equities analysts forecast that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Monday, September 8th were given a $0.21 dividend. The ex-dividend date was Monday, September 8th. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is presently 8.95%.

Insiders Place Their Bets

In related news, CEO Sundar Pichai sold 32,500 shares of the company’s stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $249.50, for a total transaction of $8,108,750.00. Following the sale, the chief executive officer directly owned 2,397,392 shares of the company’s stock, valued at approximately $598,149,304. This represents a 1.34% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Kavitark Ram Shriram sold 15,000 shares of the firm’s stock in a transaction on Friday, July 18th. The stock was sold at an average price of $185.76, for a total value of $2,786,400.00. Following the transaction, the director owned 240,400 shares in the company, valued at $44,656,704. This trade represents a 5.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 258,088 shares of company stock worth $52,405,304. Corporate insiders own 11.55% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on GOOGL shares. Susquehanna boosted their price target on Alphabet from $220.00 to $225.00 and gave the company a “positive” rating in a research report on Thursday, July 24th. BNP Paribas Exane reissued a “neutral” rating and set a $172.00 target price on shares of Alphabet in a research report on Friday, June 27th. BMO Capital Markets lifted their price target on shares of Alphabet from $208.00 to $225.00 and gave the company an “outperform” rating in a research report on Thursday, July 24th. Robert W. Baird increased their price objective on shares of Alphabet from $215.00 to $275.00 and gave the stock an “outperform” rating in a research report on Monday. Finally, Phillip Securities downgraded shares of Alphabet from a “strong-buy” rating to a “moderate buy” rating in a research note on Monday, September 8th. Three analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, Alphabet currently has an average rating of “Moderate Buy” and a consensus target price of $231.31.

Read Our Latest Analysis on GOOGL

About Alphabet

(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.