Indiana Trust & Investment Management Co Buys 2,380 Shares of Alphabet Inc. $GOOGL

Indiana Trust & Investment Management Co boosted its position in Alphabet Inc. (NASDAQ:GOOGL) by 4.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 52,439 shares of the information services provider’s stock after purchasing an additional 2,380 shares during the quarter. Alphabet comprises about 3.9% of Indiana Trust & Investment Management Co’s portfolio, making the stock its 4th biggest holding. Indiana Trust & Investment Management Co’s holdings in Alphabet were worth $12,748,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Valley National Advisers Inc. increased its holdings in shares of Alphabet by 40.7% during the third quarter. Valley National Advisers Inc. now owns 27,673 shares of the information services provider’s stock worth $6,726,000 after purchasing an additional 8,003 shares during the period. Worth Asset Management LLC grew its position in Alphabet by 37.4% during the third quarter. Worth Asset Management LLC now owns 2,351 shares of the information services provider’s stock worth $572,000 after buying an additional 640 shares in the last quarter. Kaydan Wealth Management Inc. bought a new position in Alphabet during the 3rd quarter worth $229,000. Cahaba Wealth Management Inc. raised its holdings in Alphabet by 1.7% in the 3rd quarter. Cahaba Wealth Management Inc. now owns 3,260 shares of the information services provider’s stock valued at $793,000 after acquiring an additional 55 shares in the last quarter. Finally, Parisi Gray Wealth Management raised its holdings in Alphabet by 0.3% in the 3rd quarter. Parisi Gray Wealth Management now owns 38,317 shares of the information services provider’s stock valued at $9,315,000 after acquiring an additional 126 shares in the last quarter. Institutional investors own 40.03% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Sanford C. Bernstein boosted their target price on shares of Alphabet from $260.00 to $305.00 and gave the company a “market perform” rating in a research report on Thursday, October 30th. Robert W. Baird boosted their price objective on shares of Alphabet from $215.00 to $275.00 and gave the company an “outperform” rating in a research report on Monday, September 22nd. UBS Group restated a “neutral” rating and set a $306.00 target price (up from $255.00) on shares of Alphabet in a research note on Thursday, October 30th. The Goldman Sachs Group raised their target price on Alphabet from $288.00 to $330.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Finally, New Street Research lifted their price target on Alphabet from $275.00 to $295.00 in a research note on Friday, October 24th. Four research analysts have rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, Alphabet presently has an average rating of “Moderate Buy” and an average target price of $317.76.

Insider Buying and Selling at Alphabet

In related news, CEO Sundar Pichai sold 32,500 shares of the firm’s stock in a transaction that occurred 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 sale, the chief executive officer owned 2,239,619 shares of the company’s stock, valued at $671,437,776.20. This trade represents a 1.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director John L. Hennessy sold 600 shares of Alphabet stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $308.19, for a total value of $184,914.00. Following the completion of the sale, the director owned 3,916 shares of the company’s stock, valued at approximately $1,206,872.04. The trade was a 13.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 192,687 shares of company stock valued at $56,255,711. 11.55% of the stock is owned by corporate insiders.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Samsung plans to double the number of mobile devices using Google’s Gemini to about 800 million units this year — a major distribution win that expands Gemini’s user base, strengthens Google’s position in mobile AI, and could boost demand for Google’s AI services and ecosystem. Exclusive: Samsung to double mobile devices powered by Google’s Gemini to 800 mln units this year
• Positive Sentiment: MarketBeat notes Alphabet led Wall Street upgrades in 2025 as AI (Gemini 3), Search/YouTube monetization, cloud strength and growing external demand for its TPUs drove sentiment — that analyst momentum supports further buying interest. MarketBeat’s Top 3 Most Upgraded Stocks of 2025
• Positive Sentiment: Coverage in The Motley Fool highlights Alphabet as a top AI pick for 2026, pointing to the company’s diversified AI exposure (search, cloud, YouTube, Gemini) — useful framing for long-term investors wanting broad AI exposure. 3 Artificial Intelligence Stocks to Buy in 2026 That Could Be Better Picks Than Palantir
• Positive Sentiment: Coverage noting Warren Buffett/Berkshire’s regret over missing investment in Google serves as an institutional validation datapoint that can strengthen investor confidence. Warren Buffet’s Berkshire Hathaway on why Google is the only tech investment they regret not making
• Neutral Sentiment: Retail buzz (X, r/WallStreetBets) has featured GOOGL among the most talked-about names this week — that can amplify short-term volume and volatility but is not a direct fundamental catalyst. 5 Stocks Investors Couldn’t Stop Buzzing About This Week: TGT, TSM, GOOG And More
• Neutral Sentiment: Technical/strategy write-ups list Alphabet near buy points for some investors — signals that traders may be positioning for further upside if earnings/AI narratives hold. Google, Other AI Stocks Trade Near Buy Points. One Named ‘Top Stock’ For 2026
• Negative Sentiment: Analyst/short-form critiques argue Alphabet’s equity looks expensive, warning that stretched valuation could limit near-term upside or amplify pullbacks if growth disappoints. Alphabet’s Equity Is Way Overpriced
• Negative Sentiment: Insider activity: an Alphabet director sold about $31,972 of stock — a small-volume sale but something traders often note when weighing near-term sentiment. Insider Selling: Alphabet (NASDAQ:GOOGL) Director Sells $31,971.90 in Stock

Alphabet Trading Up 0.7%

NASDAQ GOOGL opened at $315.15 on Monday. The company has a market cap of $3.80 trillion, a price-to-earnings ratio of 31.08, a price-to-earnings-growth ratio of 1.74 and a beta of 1.08. Alphabet Inc. has a twelve month low of $140.53 and a twelve month high of $328.83. 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 business’s fifty day moving average is $301.53 and its 200 day moving average is $244.48.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings data 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 business had revenue of $102.35 billion during 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, sell-side analysts expect that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Announces Dividend

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

About Alphabet

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.