Chatham Capital Group Inc. Has $13.42 Million Position in Alphabet Inc. $GOOG

Chatham Capital Group Inc. lessened its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 3.1% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 55,092 shares of the information services provider’s stock after selling 1,790 shares during the period. Alphabet makes up approximately 1.9% of Chatham Capital Group Inc.’s holdings, making the stock its 11th largest position. Chatham Capital Group Inc.’s holdings in Alphabet were worth $13,418,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Meritas Wealth Management LLC grew its stake in shares of Alphabet by 3.0% in the third quarter. Meritas Wealth Management LLC now owns 1,458 shares of the information services provider’s stock worth $355,000 after acquiring an additional 42 shares during the last quarter. First Financial Bank Trust Division raised its stake in Alphabet by 0.6% during the 3rd quarter. First Financial Bank Trust Division now owns 7,208 shares of the information services provider’s stock valued at $1,756,000 after purchasing an additional 45 shares during the last quarter. Falcon Wealth Planning boosted its holdings in Alphabet by 0.4% in the 3rd quarter. Falcon Wealth Planning now owns 11,881 shares of the information services provider’s stock valued at $2,894,000 after purchasing an additional 45 shares during the period. Trust Co of the South grew its position in Alphabet by 0.5% in the 3rd quarter. Trust Co of the South now owns 8,800 shares of the information services provider’s stock worth $2,143,000 after purchasing an additional 48 shares during the last quarter. Finally, Intergy Private Wealth LLC increased its holdings in shares of Alphabet by 1.0% during the 3rd quarter. Intergy Private Wealth LLC now owns 4,813 shares of the information services provider’s stock worth $1,172,000 after purchasing an additional 48 shares during the period. Institutional investors and hedge funds own 27.26% of the company’s stock.

Key Stores Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet has outperformed other Magnificent Seven members YTD (about +66%) which underpins momentum and investor confidence in GOOG’s AI/search-led growth. Article Title
• Positive Sentiment: BMO and other sell‑side commentary highlight accelerating AI-driven cloud commitments as a structural growth catalyst for Google Cloud revenue and margins — supports higher earnings multiples for GOOG. Article Title
• Positive Sentiment: Alphabet’s acquisition of Intersect (data‑center/energy infrastructure) is a strategic move to scale capacity for AI workloads — likely positive for long‑term cloud/AI positioning (capex & integration risk remain). Article Title
• Positive Sentiment: Analyst commentary and price‑target updates remain bullish (multiple recent buys/overweights and median targets near/above current levels), reinforcing institutional demand; large funds (UBS, Berkshire, Fidelity) materially added positions in Q3. Article Title
• Positive Sentiment: Industry comparisons point to Alphabet’s AI momentum (Search + Cloud) as a competitive edge versus other AI names like Adobe — a narrative likely to attract growth and momentum money. Article Title
• Neutral Sentiment: Product improvements — Google is testing a way to let some users change Gmail addresses without losing data. Helpful for user satisfaction but low near-term revenue impact. Article Title
• Neutral Sentiment: Coverage pieces and buy‑the‑dip narratives (MarketBeat, Motley Fool) may sustain retail interest; they support sentiment but aren’t new fundamentals.
• Negative Sentiment: Short interest rose ~35% in December (to ~56.15M shares), increasing potential downside pressure and volatility if sentiment weakens. (Higher days‑to‑cover also raises squeeze risk but signals more bearish positioning.)
• Negative Sentiment: Quiver/other data flag heavy insider selling (multiple senior executives sold shares recently), which some investors view as a cautionary signal on near‑term conviction. Article Title
• Negative Sentiment: Operational note: Waymo paused SF robotaxis during extreme weather — minor near‑term PR/operational impact, but highlights autonomous mobility regulatory/operational risks. Article Title

Insider Buying and Selling at Alphabet

In related news, CAO Amie Thuener O’toole sold 2,778 shares of the firm’s stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $250.05, for a total value of $694,638.90. Following the transaction, the chief accounting officer owned 14,516 shares in the company, valued at $3,629,725.80. This trade represents a 16.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider John Kent Walker sold 17,816 shares of Alphabet stock in a transaction dated Monday, September 29th. The stock was 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 owned 42,985 shares of the company’s stock, 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 ninety days, insiders have sold 228,906 shares of company stock worth $63,984,117. Insiders own 12.99% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on GOOG. Bank of America increased their target price on shares of Alphabet from $280.00 to $335.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. Guggenheim reaffirmed a “buy” rating and issued a $375.00 price target on shares of Alphabet in a report on Monday, December 1st. Jefferies Financial Group boosted their price objective on Alphabet from $285.00 to $320.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. Hsbc Global Res upgraded Alphabet to a “strong-buy” rating in a research note on Tuesday, October 7th. Finally, BNP Paribas assumed coverage on shares of Alphabet in a research note on Monday, November 24th. They set an “outperform” rating on the stock. Seven equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, three have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Alphabet has a consensus rating of “Buy” and an average price target of $313.04.

Alphabet Stock Down 0.2%

Shares of NASDAQ GOOG opened at $314.96 on Friday. Alphabet Inc. has a 12-month low of $142.66 and a 12-month high of $328.67. The firm’s 50-day simple moving average is $296.32 and its 200 day simple moving average is $239.52. 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 company has a market cap of $3.80 trillion, a price-to-earnings ratio of 31.06, a price-to-earnings-growth ratio of 1.82 and a beta of 1.07.

Alphabet (NASDAQ:GOOG) last announced its earnings results on Thursday, October 30th. The information services provider reported $2.87 earnings per share 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 company had revenue of $102.35 billion during the quarter, compared to the consensus estimate of $99.90 billion. During the same period in the previous year, the firm posted $2.12 earnings per share. The company’s revenue was up 15.9% on a year-over-year basis. On average, research analysts expect that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Announces Dividend

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

Alphabet Company 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.