First American Bank Has $69.01 Million Holdings in Alphabet Inc. $GOOGL

First American Bank boosted its stake in Alphabet Inc. (NASDAQ:GOOGL) by 1.1% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 283,883 shares of the information services provider’s stock after buying an additional 3,199 shares during the period. Alphabet makes up 4.3% of First American Bank’s portfolio, making the stock its 5th largest holding. First American Bank’s holdings in Alphabet were worth $69,012,000 as of its most recent filing with the SEC.

Other large investors have also recently added to or reduced their stakes in the company. waypoint wealth counsel raised its position in shares of Alphabet by 1.4% in the third quarter. waypoint wealth counsel now owns 7,774 shares of the information services provider’s stock valued at $1,890,000 after buying an additional 106 shares in the last quarter. Albion Financial Group UT grew its stake in shares of Alphabet by 0.9% during the third quarter. Albion Financial Group UT now owns 191,703 shares of the information services provider’s stock worth $46,603,000 after buying an additional 1,709 shares during the last quarter. Benin Management CORP increased its stake in shares of Alphabet by 1.3% in the third quarter. Benin Management CORP now owns 6,413 shares of the information services provider’s stock valued at $1,559,000 after buying an additional 84 shares during the period. Analyst IMS Investment Management Services Ltd. raised its position in Alphabet by 33.0% during the 3rd quarter. Analyst IMS Investment Management Services Ltd. now owns 16,852 shares of the information services provider’s stock worth $4,097,000 after purchasing an additional 4,186 shares during the last quarter. Finally, Pure Financial Advisors LLC lifted its position in shares of Alphabet by 2.8% in the 3rd quarter. Pure Financial Advisors LLC now owns 59,619 shares of the information services provider’s stock worth $14,493,000 after purchasing an additional 1,649 shares during the period. Institutional investors own 40.03% of the company’s stock.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Strong AI hardware strategy and sentiment shift — Coverage argues Alphabet’s custom AI chip/TPU roadmap and clearer monetization plans are reshaping investor expectations and could drive a breakout toward new highs as AI spending accelerates. Alphabet Stock Eyes Breakout Above All-Time High
• Positive Sentiment: Cloud + Gemini monetization pickup — Analysts and commentators highlight that Google Cloud’s AI product rollout (Gemini integration, Overviews, enterprise AI services) is reaching an inflection point, improving revenue mix and margins for 2026. Alphabet’s AI Cloud Moment May Finally Be Here
• Positive Sentiment: Distribution scale via partners — Samsung plans to double the number of devices running Google’s Gemini features to ~800M units this year, a large-scale distribution win that supports mobile AI adoption and ad/Cloud engagement. Samsung to double mobile devices powered by Google’s Gemini
• Positive Sentiment: Analyst upgrades and price‑target lifts — Argus raised its price target to $365 (buy), and MarketBeat/other outlets show broad bullish analyst revisions heading into 2026, supporting upside expectations and institutional inflows. Argus adjusts price target on Alphabet to $365
• Positive Sentiment: Broader bullish repositioning into AI leaders — MarketBeat pieces highlight Alphabet among the most‑upgraded/rewired tech names for 2026, reflecting momentum in analyst sentiment and flows that favor AI/cloud leaders. 5 Stocks Wall Street Repriced Higher Heading Into 2026
• Neutral Sentiment: Defense and energy partnerships alter investment profile — Coverage notes Alphabet’s Pentagon‑backed AI work and an Intersect Power deal, which can broaden revenue sources but also adds defense exposure and ESG/government contracting complexity. Impact is mixed for multiples and investor cohorts. How Alphabet’s Pentagon‑Backed AI Push and Intersect Power Deal Has Changed Its Investment Story
• Negative Sentiment: Local legal/regulatory noise — Indonesian prosecutors filed graft charges linked to laptop procurement tied to Google; while not a company‑level financial shock, such cases add regional legal risk and headline volatility that can sap risk appetite short‑term. Ex-Indonesian minister faces graft charges over Google laptop

Insiders Place Their Bets

In related news, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $299.80, for a total value of $9,743,500.00. Following the sale, the chief executive officer directly owned 2,239,619 shares in the company, valued at approximately $671,437,776.20. The trade was a 1.43% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Amie Thuener O’toole sold 2,778 shares of the stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $312.30, for a total value of $867,569.40. Following the transaction, the chief accounting officer directly owned 8,962 shares in the company, valued at approximately $2,798,832.60. The trade was a 23.66% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 192,687 shares of company stock valued at $56,255,711. Corporate insiders own 11.55% of the company’s stock.

Alphabet Stock Down 0.7%

Shares of NASDAQ:GOOGL opened at $314.43 on Wednesday. The company has a market cap of $3.79 trillion, a price-to-earnings ratio of 31.01, a PEG ratio of 1.75 and a beta of 1.08. Alphabet Inc. has a 12 month low of $140.53 and a 12 month high of $328.83. The company has a 50-day moving average price of $303.41 and a 200 day moving average price of $246.53. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings results on Wednesday, October 29th. The information services provider reported $2.87 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $99.90 billion. As a group, equities research analysts predict that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Announces Dividend

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

Analysts Set New Price Targets

Several equities research analysts have recently commented on GOOGL shares. Phillip Securities upgraded Alphabet from a “moderate buy” rating to a “strong-buy” rating in a report on Friday, November 7th. Rosenblatt Securities raised their price objective on shares of Alphabet from $224.00 to $279.00 and gave the stock a “neutral” rating in a report on Thursday, October 30th. Daiwa Capital Markets boosted their price target on shares of Alphabet from $233.00 to $333.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. President Capital raised their price target on Alphabet from $258.00 to $323.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. Finally, Moffett Nathanson raised their price target on Alphabet from $305.00 to $315.00 and gave the stock a “buy” rating in a research report on Tuesday, November 25th. Four equities research analysts have rated the stock with a Strong Buy rating, forty-two have assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $320.12.

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.