Alphabet Inc. $GOOGL Shares Sold by ZEGA Investments LLC

21 Nov 2025, 08:32 by Amy Steele · The Cerbat Gem

ZEGA Investments LLC cut its holdings in Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 86.0% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 7,064 shares of the information services provider’s stock after selling 43,474 shares during the quarter. ZEGA Investments LLC’s holdings in Alphabet were worth $1,245,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of GOOGL. Guardian Wealth Management Inc. lifted its stake in Alphabet by 242.9% in the 1st quarter. Guardian Wealth Management Inc. now owns 168 shares of the information services provider’s stock valued at $26,000 after buying an additional 119 shares in the last quarter. IMA Advisory Services Inc. purchased a new stake in shares of Alphabet in the first quarter valued at $28,000. NBZ Investment Advisors LLC boosted its stake in shares of Alphabet by 85.7% during the first quarter. NBZ Investment Advisors LLC now owns 195 shares of the information services provider’s stock valued at $30,000 after acquiring an additional 90 shares during the last quarter. CarsonAllaria Wealth Management Ltd. boosted its stake in shares of Alphabet by 36.4% during the second quarter. CarsonAllaria Wealth Management Ltd. now owns 251 shares of the information services provider’s stock valued at $44,000 after acquiring an additional 67 shares during the last quarter. Finally, MJT & Associates Financial Advisory Group Inc. purchased a new stake in Alphabet during the 1st quarter worth about $50,000. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. Citizens Jmp increased their price target on Alphabet from $250.00 to $290.00 and gave the stock an “outperform” rating in a research note on Friday, September 19th. Hsbc Global Res raised Alphabet to a “strong-buy” rating in a research report on Tuesday, October 7th. Oppenheimer upped their target price on shares of Alphabet from $270.00 to $300.00 and gave the company an “outperform” rating in a research note on Monday, October 20th. CICC Research increased their price objective on shares of Alphabet from $240.00 to $303.00 and gave the company an “outperform” rating in a research note on Friday, October 31st. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $330.00 price objective (up previously from $285.00) on shares of Alphabet in a report on Thursday, October 30th. Four analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Alphabet currently has an average rating of “Moderate Buy” and a consensus target price of $305.33.

Check Out Our Latest Analysis on Alphabet

Insider Activity

In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction on Wednesday, November 5th. The shares were sold at an average price of $283.48, for a total transaction of $9,213,100.00. Following the sale, the chief executive officer directly owned 2,337,119 shares of the company’s stock, valued at $662,526,494.12. The trade was a 1.37% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Amie Thuener O’toole sold 2,778 shares of the firm’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $288.26, for a total value of $800,786.28. Following the completion of the sale, the chief accounting officer directly owned 11,739 shares of the company’s stock, valued at approximately $3,383,884.14. This trade represents a 19.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 192,674 shares of company stock worth $48,454,423 over the last three months. 11.64% of the stock is owned by insiders.

Alphabet Stock Down 1.1%

Alphabet stock opened at $289.45 on Friday. Alphabet Inc. has a 52 week low of $140.53 and a 52 week high of $306.42. The stock has a market cap of $3.49 trillion, a price-to-earnings ratio of 28.55, a PEG ratio of 1.86 and a beta of 1.05. The company’s 50-day moving average price is $261.21 and its two-hundred day moving average price is $212.12. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.07.

Alphabet (NASDAQ:GOOGL – Get Free Report) last released its earnings results on Wednesday, October 29th. The information services provider reported $2.87 EPS for the quarter, topping analysts’ consensus estimates of $2.29 by $0.58. The business had revenue of $102.35 billion for the quarter, compared to the consensus estimate of $99.90 billion. Alphabet had a net margin of 32.23% and a return on equity of 36.08%. On average, analysts expect 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 will be paid on Monday, December 15th. Stockholders of record on Monday, December 8th will be given a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, December 8th. Alphabet’s dividend payout ratio (DPR) is 8.28%.

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.