Alphabet Inc. $GOOG Shares Sold by Bangor Savings Bank

Bangor Savings Bank cut its stake in shares of Alphabet Inc. (NASDAQ:GOOG) by 73.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund 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 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Providence Wealth Advisors LLC raised its stake in shares of Alphabet by 0.3% in the first quarter. Providence Wealth Advisors LLC now owns 10,508 shares of the information services provider’s stock worth $3,094,000 after purchasing an additional 29 shares during the last quarter. One Charles Private Wealth Services LLC boosted its position in Alphabet by 0.6% in the first quarter. One Charles Private Wealth Services LLC now owns 4,844 shares of the information services provider’s stock valued at $1,390,000 after buying an additional 29 shares during the last quarter. Wisconsin Wealth Advisors LLC boosted its position in Alphabet by 1.3% in the second quarter. Wisconsin Wealth Advisors LLC now owns 2,223 shares of the information services provider’s stock valued at $785,000 after buying an additional 29 shares during the last quarter. Financial Enhancement Group LLC increased its holdings in Alphabet by 2.3% in the 1st quarter. Financial Enhancement Group LLC now owns 1,323 shares of the information services provider’s stock worth $380,000 after buying an additional 30 shares during the period. Finally, Johnson Wealth Management LLC increased its holdings in Alphabet by 1.7% in the 2nd quarter. Johnson Wealth Management LLC now owns 1,842 shares of the information services provider’s stock worth $651,000 after buying an additional 30 shares during the period. 27.26% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Alphabet

In other Alphabet news, CAO Marsida Saraci sold 449 shares of the stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total transaction of $149,606.80. Following the transaction, the chief accounting officer owned 27,386 shares in the company, valued at approximately $9,125,015.20. This represents a 1.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $18.90, for a total value of $2,232,808.20. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 441,399 shares of company stock valued at $8,677,053 in the last ninety days. 12.99% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

GOOG has been the subject of several recent research reports. The Goldman Sachs Group reduced their target price on shares of Alphabet from $440.00 to $435.00 and set a “buy” rating for the company in a report on Thursday, July 23rd. Truist Financial lowered their price target on shares of Alphabet from $430.00 to $420.00 and set a “buy” rating on the stock in a report on Thursday, July 23rd. DZ Bank raised Alphabet from a “buy” rating to a “strong-buy” rating in a research report on Thursday, July 23rd. Phillip Securities upgraded Alphabet from a “moderate buy” rating to a “strong-buy” rating and reduced their price objective for the company from $450.00 to $425.00 in a research note on Monday, July 27th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $420.00 price objective (down from $435.00) on shares of Alphabet in a research note on Thursday, July 23rd. Six investment analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $420.07.

Alphabet Stock Performance

Shares of NASDAQ:GOOG traded up $0.76 during trading on Tuesday, hitting $344.59. 13,145,065 shares of the stock traded hands, compared to its average volume of 20,507,479. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16. The company has a fifty day moving average price of $342.44 and a two-hundred day moving average price of $345.87. Alphabet Inc. has a 52-week low of $236.68 and a 52-week high of $404.47. The company has a market cap of $4.21 trillion, a price-to-earnings ratio of 17.31, a P/E/G ratio of 0.99 and a beta of 1.19.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings results on Thursday, July 23rd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.87 by $6.24. The firm had revenue of $119.80 billion for the quarter, compared to the consensus estimate of $116.53 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The firm’s quarterly revenue was up 24.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.31 earnings per share. As a group, equities analysts predict that Alphabet Inc. will post 20.55 EPS for the current year.

Alphabet Dividend Announcement

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

Key Headlines 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 Company Profile

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.