<div id="readability-page-1"><p>M&amp;T Bank Corp decreased its position in  Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 0.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,070,547 shares of the information services provider's stock after selling 9,936 shares during the period. M&amp;T Bank Corp's holdings in Alphabet were worth $188,662,000 as of its most recent SEC filing.</p><ul><li>Apple Stock Could Surge on Record iPhone Sales and Bold AI Strategy</li></ul><p>A number of other large investors have also bought and sold shares of GOOGL. Financial Gravity Companies Inc. bought a new position in shares of  Alphabet during the 2nd quarter worth $31,000.  CarsonAllaria Wealth Management Ltd. raised its stake in  Alphabet by 36.4% in the 2nd 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 period.  Vermillion &amp; White Wealth Management Group LLC lifted its holdings in  Alphabet by 37.9% during the second quarter. Vermillion &amp; White Wealth Management Group LLC now owns 324 shares of the information services provider's stock valued at $57,000 after purchasing an additional 89 shares during the last quarter.  Christopher J. Hasenberg Inc boosted its position in  Alphabet by 77.6% during the second quarter. Christopher J. Hasenberg Inc now owns 348 shares of the information services provider's stock worth $61,000 after purchasing an additional 152 shares during the period.  Finally, S&amp;T Bank PA raised its position in shares of  Alphabet by 40.2% in the second quarter. S&amp;T Bank PA now owns 345 shares of the information services provider's stock valued at $61,000 after purchasing an additional 99 shares during the period. 40.03% of the stock is owned by hedge funds and other institutional investors. </p><h2>Alphabet Price Performance</h2><p>Alphabet stock opened at $320.21 on Thursday. The stock has a market cap of $3.86 trillion, a price-to-earnings ratio of 31.58, a PEG ratio of 1.84 and a beta of 1.07. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.06. The business has a 50-day simple moving average of $280.53 and a 200 day simple moving average of $227.61. Alphabet Inc. has a 52 week low of $140.53 and a 52 week high of $328.83. </p><ul><li>10X Gains? These 3 Robotics Stocks Could Explode by 2035</li></ul><p>Alphabet (NASDAQ:GOOGL - Get Free Report) last issued its quarterly earnings results on Wednesday, October 29th. The information services provider reported $2.87 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.29 by $0.58. Alphabet had a return on equity of 35.00% and a net margin of 32.23%.The firm had revenue of $102.35 billion during the quarter, compared to the consensus estimate of $99.90 billion.  On average, research analysts forecast that  Alphabet Inc. will post 8.9 earnings per share for the current fiscal year. </p><h2>Alphabet Dividend Announcement</h2><p>The business also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Monday, December 8th will be paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Monday, December 8th. Alphabet's payout ratio is currently 8.28%. </p><h2>Analyst Ratings Changes</h2><ul><li>MarketBeat Week in Review – 12/1 - 12/5</li></ul><p>GOOGL has been the topic of a number of recent research reports. KeyCorp  restated an &#34;overweight&#34; rating and set a $300.00 price target (up from $265.00) on shares of Alphabet in a research note on Monday, October 27th. Loop Capital raised shares of Alphabet from a &#34;hold&#34; rating to a &#34;buy&#34; rating and boosted their target price for the company from $260.00 to $320.00 in a report on Tuesday, November 18th. The Goldman Sachs Group raised their price target on Alphabet from $288.00 to $330.00 and gave the stock a &#34;buy&#34; rating in a report on Thursday, October 30th. Bank of America boosted their price objective on Alphabet from $280.00 to $335.00 and gave the company a &#34;buy&#34; rating in a research note on Thursday, October 30th. Finally, Roth Capital raised their target price on Alphabet from $210.00 to $265.00 and gave the stock a &#34;buy&#34; rating in a research note on Thursday, October 16th. Four analysts have rated the stock with a Strong Buy rating, forty-one have given a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the company  has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of $312.65.</p><p><b>Check Out Our Latest Research Report on Alphabet</b></p><h2>Insiders Place Their Bets</h2><p>In other news, insider John Kent Walker sold 17,816 shares of the stock in a transaction on Monday, September 29th. The shares were sold at an average price of $247.42, for a total value of $4,408,034.72. Following the transaction, the insider owned 42,985 shares of the company's stock, valued at $10,635,348.70. This represents a 29.30% decrease in their position. The sale was disclosed in a filing with the Securities &amp; Exchange Commission, which is available at this link. Also, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $243.41, for a total transaction of $7,910,825.00. Following the sale, the chief executive officer directly owned 2,402,119 shares of the company's stock, valued at $584,699,785.79. This represents a 1.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 226,128 shares of company stock valued at $61,326,372 in the last quarter. Corporate insiders own  11.64% of the company's stock. </p><h2>About Alphabet</h2> (Free Report)<p>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.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Alphabet</li><li>A Deeper Look at Bid-Ask Spreads</li><li>Market Momentum: 3 Stocks Poised for Major Breakouts</li><li>How to Find Undervalued Stocks</li><li>3 Reasons Casey’s General Stores Will Continue Trending Higher</li><li>How to Profit From Value Investing </li><li>Golden Cross Alert: 3 Stocks With Major Upside Potential</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9R09PR0w?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9R09PR0w"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Alphabet Right Now?</h2><p>Before you consider Alphabet, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Alphabet wasn't on the list.</p><p>While Alphabet currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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<p>M&T Bank Corp decreased its stake in Alphabet Inc. by 0.9% in Q2, owning 1,070,547 shares worth $188.66 million. Alphabet's stock opened at $320.21, with a market cap of $3.86 trillion. Analysts forecast Alphabet's EPS at 8.9 for the fiscal year, with a consensus rating of "Moderate Buy" and a price target of $312.65. Alphabet announced a quarterly dividend of $0.21 per share, payable on December 15th.</p>

- M&T Bank Corp reduced its stake in Alphabet Inc. by 0.9%, holding 1,070,547 shares valued at $188.66 million after selling 9,936 shares in Q2.  
- Other investors, including Financial Gravity Companies and CarsonAllaria Wealth Management, also adjusted their positions in Alphabet during the same period.  
- Alphabet reported Q3 earnings of $2.87 per share, exceeding estimates, with a revenue of $102.35 billion, and announced a quarterly dividend of $0.21 per share.

M&T Bank Corp Decreases Position in Alphabet Inc. $GOOGL