Alphabet Inc. $GOOGL Shares Sold by Central Bank & Trust Co.

Central Bank & Trust Co. reduced its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 3.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 93,331 shares of the information services provider’s stock after selling 3,174 shares during the period. Alphabet accounts for about 3.6% of Central Bank & Trust Co.’s investment portfolio, making the stock its 3rd largest position. Central Bank & Trust Co.’s holdings in Alphabet were worth $22,689,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Financial Gravity Companies Inc. acquired a new position in Alphabet during the second quarter valued at approximately $31,000. CarsonAllaria Wealth Management Ltd. boosted its holdings in Alphabet by 36.4% in the second quarter. CarsonAllaria Wealth Management Ltd. now owns 251 shares of the information services provider’s stock valued at $44,000 after purchasing an additional 67 shares during the last quarter. Vermillion & White Wealth Management Group LLC grew its position in shares of Alphabet by 37.9% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock worth $57,000 after buying an additional 89 shares in the last quarter. Christopher J. Hasenberg Inc grew its holdings in Alphabet by 77.6% during the 2nd quarter. Christopher J. Hasenberg Inc now owns 348 shares of the information services provider’s stock worth $61,000 after acquiring an additional 152 shares in the last quarter. Finally, S&T Bank PA grew its stake in Alphabet by 40.2% in the second quarter. S&T Bank PA now owns 345 shares of the information services provider’s stock worth $61,000 after purchasing an additional 99 shares in the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.

Wall Street Analysts Forecast Growth

GOOGL has been the subject of a number of research reports. BMO Capital Markets lifted their price objective on shares of Alphabet from $340.00 to $343.00 and gave the stock an “outperform” rating in a report on Tuesday, December 16th. DZ Bank reissued a “buy” rating on shares of Alphabet in a research note on Thursday, November 20th. The Goldman Sachs Group increased their price objective on shares of Alphabet from $288.00 to $330.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Wolfe Research reaffirmed an “outperform” rating and set a $350.00 target price (up from $290.00) on shares of Alphabet in a report on Thursday, October 30th. Finally, Barclays restated an “overweight” rating and issued a $315.00 price target (up previously from $250.00) on shares of Alphabet in a research report on Thursday, October 30th. Four research analysts have rated the stock with a Strong Buy rating, forty-one have issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $315.90.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet agreed to acquire data‑center and clean‑energy developer Intersect for $4.75 billion to secure power and capacity for its AI data centers — a move that directly supports Google’s ability to scale generative AI compute and reduces energy‑grid bottlenecks. Alphabet to buy data center infrastructure firm Intersect in $4.75 billion deal
• Positive Sentiment: Sell‑side momentum: Wedbush raised its price target on GOOGL to $350 and kept an outperform rating, which can lift investor sentiment and buying interest into year‑end. Wedbush raises PT on Alphabet to $350
• Neutral Sentiment: Waymo resumed robotaxi service in San Francisco after a recent citywide power outage forced a temporary pause; resumption removes an immediate operational overhang but highlights infrastructure risks for AV deployments. Waymo resumes San Francisco service after power outage pause
• Neutral Sentiment: Positive coverage and analyst notes on Alphabet’s AI and quantum work are reinforcing the narrative that the company is a top AI infrastructure owner — supportive for medium‑term revenue and margin expectations but not an immediate catalyst by itself. What Is One of the Best AI Stocks to Buy and Hold?
• Negative Sentiment: Legal risk: a New York Times reporter sued Google and several AI firms alleging unauthorized use of copyrighted books to train chatbots — this case adds to the sectorwide liability and regulatory uncertainty around training data that could lead to legal costs or product restrictions. New York Times reporter sues Google, xAI, OpenAI over chatbot training

Insider Activity at Alphabet

In other Alphabet news, CAO Amie Thuener O’toole sold 2,778 shares of Alphabet stock in a transaction on Monday, December 15th. The shares were sold at an average price of $312.30, for a total transaction of $867,569.40. Following the completion of the sale, the chief accounting officer owned 8,962 shares of the company’s stock, valued at $2,798,832.60. This trade represents a 23.66% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the company’s stock in a transaction on Monday, December 15th. The stock was sold at an average price of $299.80, for a total transaction of $9,743,500.00. Following the completion of the transaction, the chief executive officer directly owned 2,239,619 shares in the company, valued at $671,437,776.20. This trade represents a 1.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 226,128 shares of company stock worth $63,183,331 in the last quarter. 11.55% of the stock is owned by corporate insiders.

Alphabet Stock Up 0.9%

Shares of Alphabet stock opened at $309.78 on Tuesday. Alphabet Inc. has a 1 year low of $140.53 and a 1 year high of $328.83. The company has a market cap of $3.74 trillion, a P/E ratio of 30.55, a P/E/G ratio of 1.77 and a beta of 1.07. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06. The stock has a 50-day moving average price of $290.50 and a 200 day moving average price of $235.73.

Alphabet (NASDAQ:GOOGL) last issued its earnings results on Wednesday, October 29th. The information services provider reported $2.87 earnings per share for the quarter, beating analysts’ consensus estimates of $2.29 by $0.58. The company had revenue of $102.35 billion for the quarter, compared to the consensus estimate of $99.90 billion. Alphabet had a return on equity of 35.00% and a net margin of 32.23%. As a group, analysts expect that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 8th were paid a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 0.3%. The ex-dividend date was Monday, December 8th. Alphabet’s dividend payout ratio is currently 8.28%.

Alphabet 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.