Oak Harvest Investment Services Purchases 5,645 Shares of Alphabet Inc. $GOOGL

Oak Harvest Investment Services boosted its position in Alphabet Inc. (NASDAQ:GOOGL) by 94.4% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 11,622 shares of the information services provider’s stock after purchasing an additional 5,645 shares during the period. Oak Harvest Investment Services’ holdings in Alphabet were worth $2,825,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Financial Gravity Companies Inc. bought a new position in shares of Alphabet during the 2nd quarter worth approximately $31,000. Corsicana & Co. acquired a new stake in Alphabet during the 3rd quarter valued at $54,000. CarsonAllaria Wealth Management Ltd. lifted its holdings in Alphabet by 36.4% during the 2nd quarter. CarsonAllaria Wealth Management Ltd. now owns 251 shares of the information services provider’s stock valued at $44,000 after purchasing an additional 67 shares during the last quarter. Vermillion & White Wealth Management Group LLC lifted its holdings in Alphabet by 37.9% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock valued at $57,000 after purchasing an additional 89 shares during the last quarter. Finally, S&T Bank PA boosted its position in Alphabet by 40.2% during the second quarter. S&T Bank PA now owns 345 shares of the information services provider’s stock worth $61,000 after purchasing an additional 99 shares during the period. Institutional investors and hedge funds own 40.03% of the company’s stock.

Alphabet Trading Down 0.7%

Shares of NASDAQ:GOOGL opened at $314.43 on Wednesday. The business’s 50 day simple moving average is $303.41 and its 200 day simple moving average is $246.53. Alphabet Inc. has a 1 year low of $140.53 and a 1 year high of $328.83. 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 market capitalization of $3.79 trillion, a P/E ratio of 31.01, a P/E/G ratio of 1.75 and a beta of 1.08.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings data 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. The firm had revenue of $102.35 billion during the quarter, compared to analysts’ expectations of $99.90 billion. Alphabet had a return on equity of 35.00% and a net margin of 32.23%. On average, research analysts anticipate that Alphabet Inc. will post 8.9 EPS 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 paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, December 8th. Alphabet’s dividend payout ratio is presently 8.28%.

Insider Activity

In other news, insider John Kent Walker sold 17,829 shares of the business’s stock in a transaction that occurred on Tuesday, December 30th. The shares were sold at an average price of $314.89, for a total value of $5,614,173.81. Following the completion of the transaction, the insider directly owned 42,972 shares in the company, valued at approximately $13,531,453.08. The trade was a 29.32% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the company’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 sale, the chief executive officer directly owned 2,239,619 shares of the company’s stock, valued at approximately $671,437,776.20. This trade represents a 1.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 192,687 shares of company stock valued at $56,255,711. Company insiders own 11.55% of the company’s stock.

Analysts Set New Price Targets

GOOGL has been the subject of a number of research reports. BNP Paribas assumed coverage on shares of Alphabet in a research note on Monday, November 24th. They set an “outperform” rating and a $355.00 target price for the company. Truist Financial set a $350.00 price target on shares of Alphabet and gave the company a “buy” rating in a report on Friday, December 5th. Piper Sandler restated an “overweight” rating and set a $365.00 price objective (up from $330.00) on shares of Alphabet in a research report on Thursday, December 11th. Wolfe Research set a $380.00 target price on Alphabet and gave the company an “outperform” rating in a research report on Monday. Finally, Argus increased their target price on Alphabet from $330.00 to $365.00 and gave the stock a “buy” rating in a research note on Monday. 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. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $320.12.

Key Headlines 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

Alphabet Profile

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.