True Vision MN LLC Sells 2,298 Shares of Alphabet Inc. $GOOGL

True Vision MN LLC reduced its stake in Alphabet Inc. (NASDAQ:GOOGL) by 56.7% during the first quarter, HoldingsChannel.com reports. The firm owned 1,754 shares of the information services provider’s stock after selling 2,298 shares during the quarter. True Vision MN LLC’s holdings in Alphabet were worth $504,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. EMC Capital Management purchased a new stake in shares of Alphabet during the fourth quarter valued at $33,000. Lifetime Wealth Management P.C. bought a new position in shares of Alphabet during the 4th quarter valued at $32,000. PMV Capital Advisers LLC bought a new position in shares of Alphabet during the 4th quarter valued at $38,000. IFC & Insurance Marketing Inc. purchased a new position in shares of Alphabet in the 4th quarter worth $38,000. Finally, Bard Associates Inc. purchased a new position in shares of Alphabet in the 4th quarter worth $52,000. 40.03% of the stock is owned by hedge funds and other institutional investors.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet was announced as the replacement for Verizon in the Dow Jones Industrial Average, a high-profile index inclusion that can boost demand from index funds and improve investor sentiment. Alphabet replacing Verizon in Dow Jones Industrial Average index
• Positive Sentiment: Google Finance launched a new app and expanded portfolio-tracking tools, adding another product update that could support engagement across Google’s financial services ecosystem. Google Finance Debuts App and Investment Tracking Capabilities
• Neutral Sentiment: Several reports noted Alphabet remains a favored large-cap tech name among some investors and that the stock had previously benefited from the Dow inclusion announcement.
• Negative Sentiment: News that multiple AI researchers are leaving Google for rivals such as Anthropic and OpenAI is pressuring sentiment, as investors worry about talent retention and competitive pressure in AI. Alphabet Shares Fall After Report on Further AI Talent Departures
• Negative Sentiment: Additional coverage of Google’s “brain drain” and reports that Gemini 3.5 Pro was delayed to July add to concerns that Alphabet may be losing ground in the AI race. Google delays Gemini 3.5 Pro launch to July as it tweaks its new frontier AI model
• Negative Sentiment: The broader selloff also reflects anxiety around AI execution and competition, with investors reacting to talent departures and delays rather than the company’s longer-term fundamentals.

Insider Transactions at Alphabet

In related news, Director Frances Arnold sold 102 shares of the stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $381.00, for a total transaction of $38,862.00. Following the completion of the transaction, the director directly owned 18,721 shares of the company’s stock, valued at approximately $7,132,701. This represents a 0.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director John L. Hennessy sold 1,050 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $368.63, for a total value of $387,061.50. Following the transaction, the director owned 1,481 shares of the company’s stock, valued at $545,941.03. This represents a 41.49% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 151,523 shares of company stock valued at $4,863,526. 11.61% of the stock is owned by company insiders.

Alphabet Trading Down 0.5%

GOOGL stock opened at $343.71 on Friday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.92 and a quick ratio of 1.92. Alphabet Inc. has a 1-year low of $169.94 and a 1-year high of $408.61. The business has a 50 day simple moving average of $368.94 and a two-hundred day simple moving average of $332.85. The company has a market capitalization of $4.16 trillion, a price-to-earnings ratio of 26.22, a PEG ratio of 1.48 and a beta of 1.23.

Alphabet (NASDAQ:GOOGL) last issued its earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share for the quarter, topping analysts’ consensus estimates of $2.64 by $2.47. The firm had revenue of $109.90 billion during the quarter, compared to analyst estimates of $106.98 billion. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. Research analysts anticipate that Alphabet Inc. will post 14.3 EPS for the current fiscal year.

Alphabet Increases Dividend

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

Analyst Upgrades and Downgrades

GOOGL has been the subject of a number of research reports. Mizuho upped their price objective on Alphabet from $420.00 to $460.00 and gave the company an “outperform” rating in a research report on Wednesday, May 6th. Canaccord Genuity Group raised their target price on Alphabet from $415.00 to $450.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. BNP Paribas Exane boosted their price target on Alphabet from $390.00 to $420.00 and gave the company an “outperform” rating in a research note on Thursday, April 30th. Phillip Securities upped their price target on shares of Alphabet from $340.00 to $395.00 and gave the company a “moderate buy” rating in a research report on Wednesday, April 15th. Finally, BMO Capital Markets increased their price objective on shares of Alphabet from $410.00 to $435.00 and gave the stock an “outperform” rating in a research note on Thursday, April 30th. Two research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, Alphabet currently has an average rating of “Moderate Buy” and an average price target of $413.13.

Alphabet Profile

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.