Tompkins Financial Corp Sells 2,173 Shares of Alphabet Inc. $GOOGL

Tompkins Financial Corp trimmed its position in Alphabet Inc. (NASDAQ:GOOGL) by 2.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 73,302 shares of the information services provider’s stock after selling 2,173 shares during the period. Alphabet accounts for 1.8% of Tompkins Financial Corp’s portfolio, making the stock its 14th biggest position. Tompkins Financial Corp’s holdings in Alphabet were worth $22,944,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. PMV Capital Advisers LLC purchased a new stake in shares of Alphabet in the 4th quarter worth about $38,000. Financial Gravity Companies Inc. bought a new position in shares of Alphabet in the 2nd quarter worth about $31,000. iSAM Funds UK Ltd purchased a new position in Alphabet during the 3rd quarter valued at about $53,000. Pilgrim Partners Asia Pte Ltd purchased a new position in Alphabet during the 3rd quarter valued at about $53,000. Finally, Corsicana & Co. bought a new stake in Alphabet during the third quarter worth about $54,000. Institutional investors own 40.03% of the company’s stock.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: AI/product traction: Analysts note Alphabet’s AI-powered Search and Gemini engagement are picking up, supporting longer-term revenue upside from search and cloud monetization. Alphabet Relies on AI to Boost Search Growth: More Upside Ahead?
• Positive Sentiment: Analyst/upside support: MarketBeat and other brokers have been upgrading GOOGL and lifting price targets (consensus targets imply material upside), and Erste Group nudged FY26–27 EPS estimates higher — a tailwind for sentiment beyond short-term noise. Analyst Optimism: MarketBeat’s Most Upgraded Stocks of 2026
• Neutral Sentiment: Product breakthrough vs. market noise: Google’s TurboQuant/compression research (claims of big memory reductions for LLMs) is a technical win for Google’s AI efficiency but has sparked volatility in semiconductor/memory names and some ETF flows — ambiguous near-term impact for GOOGL equity. A Google AI breakthrough is pressuring memory chip stocks from Samsung to Micron
• Neutral Sentiment: ETF and positioning flows: New ETFs and covered-call strategies (e.g., JUDO) are reallocating into/away from AI and semiconductor exposures; this can amplify short-term moves but doesn’t change Alphabet’s underlying fundamentals. Nvidia, Alphabet, Microsoft Power New JUDO ETF — Can Covered Calls Supercharge Returns?
• Negative Sentiment: Landmark legal risk: A Los Angeles jury found YouTube (Alphabet) liable in a youth social-media addiction case, awarding compensatory damages and opening the door to broader litigation and regulatory scrutiny — a clear catalyst for selling pressure on big-tech names. US jury verdicts against Meta, Google tee up fight over tech liability shield
• Negative Sentiment: Technical/flow-driven weakness: The stock has broken key support levels and entered a correction phase, which amplifies downward momentum as quant/technical selling and option activity kick in. Alphabet Has Fallen 16% From Its Highs: Panic or Opportunity?
• Negative Sentiment: Regulatory/management churn in key markets: Google’s top India counsel resigned amid regulatory pressure, underscoring execution and policy risks in a major growth market. Google top India counsel quits in latest departure amid regulatory hurdles, sources say
• Negative Sentiment: Cost pressure risk: Geopolitical-driven energy price spikes raise near-term concerns about higher operating costs for energy-intensive AI/data-center operations. Why Alphabet (GOOGL) Shares Are Falling Today

Alphabet Trading Down 3.5%

Shares of NASDAQ GOOGL opened at $280.86 on Friday. The firm’s 50 day moving average price is $314.18 and its 200-day moving average price is $294.34. Alphabet Inc. has a 52-week low of $140.53 and a 52-week high of $349.00. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. The company has a market cap of $3.40 trillion, a PE ratio of 25.98, a P/E/G ratio of 1.70 and a beta of 1.10.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, beating the consensus estimate of $2.57 by $0.25. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The company had revenue of $113.83 billion during the quarter, compared to the consensus estimate of $111.24 billion. On average, equities research analysts expect that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 9th were issued a $0.21 dividend. The ex-dividend date of this dividend was Monday, March 9th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is presently 7.77%.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Wedbush raised their target price on shares of Alphabet from $360.00 to $370.00 and gave the company an “outperform” rating in a research note on Thursday, February 5th. President Capital boosted their price target on Alphabet from $323.00 to $375.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. China Renaissance upped their price target on Alphabet from $330.00 to $400.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Rosenblatt Securities raised their price objective on Alphabet from $279.00 to $357.00 and gave the company a “neutral” rating in a research report on Thursday, February 5th. Finally, Pivotal Research lifted their price objective on Alphabet from $400.00 to $420.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Three investment analysts have rated the stock with a Strong Buy rating, forty-three have assigned a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $367.18.

Insiders Place Their Bets

In other news, CAO Amie Thuener O’toole sold 955 shares of the business’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $298.00, for a total value of $284,590.00. Following the completion of the transaction, the chief accounting officer owned 9,918 shares in the company, valued at $2,955,564. The trade was a 8.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider John Kent Walker sold 47,574 shares of the company’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total value of $14,341,182.30. Following the transaction, the insider directly owned 13,227 shares in the company, valued at approximately $3,987,279.15. The trade was a 78.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 2,110,165 shares of company stock worth $118,134,117. 11.64% of the stock is owned by corporate insiders.

Alphabet Company 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.