Alphabet Inc. $GOOG Shares Sold by Bridge Creek Capital Management LLC

Bridge Creek Capital Management LLC trimmed its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 4.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 45,705 shares of the information services provider’s stock after selling 1,881 shares during the quarter. Alphabet accounts for about 3.1% of Bridge Creek Capital Management LLC’s portfolio, making the stock its 4th largest position. Bridge Creek Capital Management LLC’s holdings in Alphabet were worth $11,131,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. Kingstone Capital Partners Texas LLC increased its holdings in shares of Alphabet by 580,897.4% during the second quarter. Kingstone Capital Partners Texas LLC now owns 135,087,705 shares of the information services provider’s stock valued at $23,963,208,000 after acquiring an additional 135,064,454 shares in the last quarter. Norges Bank purchased a new stake in Alphabet during the 2nd quarter worth approximately $4,298,572,000. Vanguard Group Inc. grew its position in Alphabet by 1.3% during the 2nd quarter. Vanguard Group Inc. now owns 416,753,033 shares of the information services provider’s stock worth $73,927,821,000 after purchasing an additional 5,182,111 shares during the last quarter. Assenagon Asset Management S.A. increased its stake in Alphabet by 73.5% during the 3rd quarter. Assenagon Asset Management S.A. now owns 9,808,152 shares of the information services provider’s stock valued at $2,388,775,000 after purchasing an additional 4,154,929 shares in the last quarter. Finally, Laurel Wealth Advisors LLC raised its holdings in shares of Alphabet by 17,547.9% in the second quarter. Laurel Wealth Advisors LLC now owns 4,122,727 shares of the information services provider’s stock worth $731,331,000 after buying an additional 4,099,366 shares during the last quarter. 27.26% of the stock is owned by institutional investors and hedge funds.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet agreed to buy Intersect Power for roughly $4.75B to secure clean energy and data‑center build capacity — a strategic, near‑term solution to power constraints for AI workloads that supports faster cloud/AI deployments and reduces execution risk on capacity. Intersect acquisition
• Positive Sentiment: Google Cloud momentum: analysts and reports point to strong enterprise AI demand, a large backlog (~$155B reported) and major security deals (multi‑year Palo Alto tie‑ups) that underpin durable revenue and margin upside for the cloud business. Google Cloud outlook
• Neutral Sentiment: Market/analyst positioning: several firms reiterated or raised targets and ratings (BMO, Citi, others), and MarketBeat frames the recent pullback as consolidation not trend breakdown — supports longer‑term investor conviction but is less likely to trigger sharp moves absent new fundamentals. Analyst sentiment & pullback
• Neutral Sentiment: Nvidia licensed Groq tech and hired Groq engineers — important for AI chip competition and infra dynamics but only an indirect/medium‑term factor for Alphabet (affects cloud GPU/TPU competitive landscape). Nvidia-Groq deal
• Negative Sentiment: Waymo operational issue: a San Francisco power outage stalled robotaxis, prompting fleetwide software updates and a regulator review — a reputational and regulatory risk that could slow commercialization timelines or invite oversight. Waymo outage & response
• Negative Sentiment: Short interest has risen materially in December (roughly +34.8% from late November to ~56.15M shares as of Dec. 15), which increases downside pressure and could amplify volatility on negative headlines or weak tape days.
• Negative Sentiment: Legal risk: a high‑profile suit alleges unlawful use of copyrighted material to train AI models (plaintiff includes NYT reporter John Carreyrou) — a sector‑wide legal exposure that could produce litigation costs or constraints on model training practices. NYT reporter lawsuit

Insider Buying and Selling

In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $250.15, for a total transaction of $8,129,875.00. Following the transaction, the chief executive officer owned 2,369,619 shares in the company, valued at approximately $592,760,192.85. This represents a 1.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider John Kent Walker sold 17,816 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the insider directly owned 42,985 shares in the company, valued at approximately $10,635,348.70. The trade was a 29.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 228,906 shares of company stock valued at $63,984,117. 12.99% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. Mizuho set a $325.00 price objective on shares of Alphabet in a report on Thursday, October 30th. Morgan Stanley boosted their price target on Alphabet from $210.00 to $270.00 and gave the company an “overweight” rating in a research note on Thursday, October 2nd. Loop Capital raised Alphabet from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 18th. Raymond James Financial set a $275.00 target price on Alphabet and gave the stock an “outperform” rating in a report on Friday, October 24th. Finally, Canaccord Genuity Group reiterated a “buy” rating and issued a $330.00 target price on shares of Alphabet in a research report on Thursday, October 30th. Seven analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $313.04.

Alphabet Price Performance

NASDAQ:GOOG opened at $315.47 on Thursday. 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 company has a 50 day moving average price of $293.83 and a 200-day moving average price of $238.02. Alphabet Inc. has a 1-year low of $142.66 and a 1-year high of $328.67. The firm has a market cap of $3.81 trillion, a price-to-earnings ratio of 31.11, a price-to-earnings-growth ratio of 1.82 and a beta of 1.07.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings results on Thursday, October 30th. The information services provider reported $2.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.29 by $0.58. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. The firm had revenue of $102.35 billion for the quarter, compared to the consensus estimate of $99.90 billion. During the same period in the prior year, the firm posted $2.12 earnings per share. The firm’s quarterly revenue was up 15.9% compared to the same quarter last year. Equities research analysts forecast that Alphabet Inc. will post 8.89 EPS for the current year.

Alphabet Dividend Announcement

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