Alphabet Inc. $GOOG Shares Sold by CHICAGO TRUST Co NA

CHICAGO TRUST Co NA trimmed its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 9.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 36,931 shares of the information services provider’s stock after selling 4,067 shares during the quarter. Alphabet makes up approximately 1.2% of CHICAGO TRUST Co NA’s investment portfolio, making the stock its 16th largest position. CHICAGO TRUST Co NA’s holdings in Alphabet were worth $8,995,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. IFS Advisors LLC lifted its stake in shares of Alphabet by 400.0% in the second quarter. IFS Advisors LLC now owns 150 shares of the information services provider’s stock worth $27,000 after buying an additional 120 shares in the last quarter. Robbins Farley raised its holdings in Alphabet by 60.0% in the 2nd quarter. Robbins Farley now owns 160 shares of the information services provider’s stock valued at $28,000 after acquiring an additional 60 shares during the last quarter. WestEnd Advisors LLC lifted its stake in Alphabet by 58.7% in the 2nd quarter. WestEnd Advisors LLC now owns 165 shares of the information services provider’s stock worth $29,000 after purchasing an additional 61 shares in the last quarter. University of Illinois Foundation acquired a new position in shares of Alphabet during the 2nd quarter worth approximately $31,000. Finally, Fairman Group LLC grew its position in shares of Alphabet by 121.3% in the second quarter. Fairman Group LLC now owns 177 shares of the information services provider’s stock valued at $31,000 after purchasing an additional 97 shares in the last quarter. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Insiders Place Their Bets

In related news, CAO Amie Thuener O’toole sold 2,778 shares of the stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $250.05, for a total transaction of $694,638.90. Following the transaction, the chief accounting officer owned 14,516 shares of the company’s stock, valued at approximately $3,629,725.80. This represents a 16.06% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider John Kent Walker sold 17,816 shares of Alphabet stock in a transaction dated 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 completion of the transaction, the insider directly owned 42,985 shares of the company’s stock, valued at approximately $10,635,348.70. This represents a 29.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 228,906 shares of company stock worth $63,984,117 over the last ninety days. Corporate insiders own 12.99% of the company’s stock.

Key Stores Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet agreed to acquire Intersect Power for about $4.75B (plus assumed debt), securing clean energy and data-center projects to accelerate AI compute capacity — a direct strategic move to remove power bottlenecks for Google Cloud and AI workloads. Alphabet to buy data center infrastructure firm Intersect
• Positive Sentiment: Product momentum: Google rolled out Gemini 3 Flash, reinforcing Alphabet’s AI leadership and helping investor confidence in future revenue and monetization opportunities across search, cloud, and enterprise AI. As Google Launches Gemini 3 Flash
• Positive Sentiment: Wall Street and institutional backing: recent analyst upgrades and higher price targets (e.g., Wedbush raising PT to $350; multiple “buy/outperform” notes) plus heavy institutional inflows support valuation and buying interest. Alphabet price/analyst coverage summary
• Neutral Sentiment: Waymo is showing strong operational progress (miles and performance metrics), positioning Alphabet well in autonomous mobility long-term; but near-term commercialization timelines remain uncertain. Waymo and Uber set for market war
• Neutral Sentiment: Alphabet-backed startup Motive filed for an IPO — a positive for Alphabet’s VC arm (GV) if the offering succeeds, but limited direct near-term impact on GOOG’s core earnings. Motive files for IPO
• Negative Sentiment: Legal and regulatory overhangs: a lawsuit from a New York Times reporter alleges unauthorized use of copyrighted books to train AI models, and California regulators are reviewing a Waymo stall incident after a power outage — both add execution and litigation risk. NYT reporter sues Google over chatbot training

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. UBS Group reiterated a “neutral” rating on shares of Alphabet in a research report on Thursday, October 30th. Wolfe Research lifted their price target on Alphabet from $290.00 to $350.00 and gave the stock an “outperform” rating in a report on Thursday, October 30th. Scotiabank set a $336.00 price objective on shares of Alphabet and gave the company a “sector outperform” rating in a report on Thursday, October 30th. Cantor Fitzgerald restated a “neutral” rating on shares of Alphabet in a research report on Wednesday, December 3rd. Finally, Pivotal Research reiterated a “buy” rating and issued a $400.00 target price (up from $350.00) on shares of Alphabet in a report on Friday, December 5th. Seven analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, three have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $313.04.

Alphabet Trading Up 1.4%

NASDAQ GOOG opened at $315.68 on Wednesday. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.75 and a quick ratio of 1.75. The stock has a market capitalization of $3.81 trillion, a P/E ratio of 31.13, a PEG ratio of 1.79 and a beta of 1.07. The firm’s 50-day moving average is $292.55 and its two-hundred day moving average is $237.48. Alphabet Inc. has a 12 month low of $142.66 and a 12 month high of $328.67.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings results on Thursday, October 30th. The information services provider reported $2.87 earnings per share for the quarter, beating analysts’ consensus estimates of $2.29 by $0.58. The business had revenue of $102.35 billion during the quarter, compared to analysts’ expectations of $99.90 billion. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. The business’s revenue for the quarter was up 15.9% on a year-over-year basis. During the same period last year, the business earned $2.12 earnings per share. On average, sell-side analysts anticipate that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Dividend Announcement

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

Alphabet Profile

Alphabet Inc (NASDAQ: GOOG) is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as “Other Bets.” Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company’s history.

Alphabet’s core business centers on internet search and advertising, with Google Search and the company’s ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.