Evergreen Capital Management 13F: Cuts GOOG Stake by $3.7M
Key Points
- Evergreen Capital Management trimmed its Alphabet Inc. GOOG holdings by 4.7% during the period, ending with 215,232 shares valued at about $73.3 million.
- Alphabet Inc. GOOG recently traded around $317.24, sitting below its 50-day moving average and about 21.6% under its 52-week high.
- Wall Street maintains a strong buy consensus on Alphabet Inc. GOOG with an average price target of $422.36 ahead of earnings on October 28, 2026.
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Evergreen Capital Management reduced its stake in Alphabet Inc. GOOG by 10,731 shares during the period, according to a Form 13F filing on October 23, 2026. The adjustment left the fund with 215,232 shares of the tech giant, carrying a reported value of about $73.3 million.
What Changed in Evergreen Capital Management's Alphabet Position
Evergreen Capital Management trimmed its Alphabet Inc. GOOG holdings by 4.7%, lowering its share count from 225,963 down to 215,232 shares. The reduction left the firm with a position valued at $73,338,260 at the close of the period.
Other Institutional Activity in Alphabet
Other major funds adjusted their Alphabet Inc. GOOG positions as well during the filing window. BSN Capital Partners sold out its entire stake of 340,404 shares, ending with zero holdings. SBI Securities trimmed its position by 3,956 shares, finishing with 193,856 shares worth about $66.1 million. Embree Financial Group grew its holdings by 1,594 shares, ending with 12,648 shares valued at about $4.3 million. BIP Wealth added 3,794 shares, growing its stake by 21.1% to 21,756 shares worth about $7.4 million.
Alphabet Inc. Stock Down 4.1%
Alphabet Inc. GOOG closed at $317.28 on October 23, 2026, and recently traded around $317.24. The shares sit below the 50-day moving average of $340.12 and under the 200-day moving average of $339.46. The stock trades roughly 21.6% below its 52-week high of $404.47 while holding about 25.5% above its 52-week low of $252.77.
Recent Earnings
Alphabet Inc. reported trailing twelve month revenue of $445.87 billion alongside earnings of $19.93 per share. The company posted a year-over-year revenue growth rate of 24.2% with a net profit margin of 54.8% and a return on equity of 48.7%. The company is scheduled to report its next earnings on October 28, 2026.
Dividend
Alphabet Inc. pays an annual dividend rate of $0.88 per share, giving the stock a dividend yield of 0.27%. The payout ratio stands at 4.3%.
Insider Buying and Selling at Alphabet Inc.
Company insiders executed several sales over the summer months. Officer Marsida Saraci sold 449 shares in July, while Director Frances H. Arnold sold a combined 164 shares across two separate transactions in July and August.
Analysts Set New Price Targets
Wall Street firms updated their views on the stock ahead of the filing. JP Morgan and TD Cowen maintained bullish ratings with target adjustments, while UBS kept a neutral stance.
About Alphabet
Alphabet Inc. operates internet search, cloud computing, advertising, and hardware platforms worldwide through units like Google Services and Google Cloud. The company connects billions of users to online information and digital tools.
Bottom Line
Investors will look to Alphabet Inc.'s upcoming earnings report on October 28, 2026, for further insight into the company's financial momentum. Future regulatory filings will reveal how institutional managers adjust their exposure next.
Source: Evergreen Capital Management's 13F filing on $GOOG (Oct 23, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts