Alphabet Inc. $GOOG Stake Decreased by Corbyn Investment Management Inc. MD

Corbyn Investment Management Inc. MD lessened its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 7.1% in the third quarter, according to its most recent filing with the SEC. The firm owned 44,626 shares of the information services provider’s stock after selling 3,404 shares during the quarter. Alphabet comprises approximately 3.2% of Corbyn Investment Management Inc. MD’s holdings, making the stock its 11th largest position. Corbyn Investment Management Inc. MD’s holdings in Alphabet were worth $10,869,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. IFS Advisors LLC raised its holdings in Alphabet by 400.0% during the second quarter. IFS Advisors LLC now owns 150 shares of the information services provider’s stock worth $27,000 after purchasing an additional 120 shares in the last quarter. Robbins Farley grew its holdings in Alphabet by 60.0% during the second quarter. Robbins Farley now owns 160 shares of the information services provider’s stock worth $28,000 after acquiring an additional 60 shares during the period. WestEnd Advisors LLC raised its position in Alphabet by 58.7% in the second quarter. WestEnd Advisors LLC now owns 165 shares of the information services provider’s stock worth $29,000 after acquiring an additional 61 shares in the last quarter. Fairman Group LLC grew its stake in shares of Alphabet by 121.3% in the 2nd quarter. Fairman Group LLC now owns 177 shares of the information services provider’s stock worth $31,000 after purchasing an additional 97 shares during the last quarter. Finally, University of Illinois Foundation acquired a new stake in Alphabet during the second quarter valued at approximately $31,000. Institutional investors own 27.26% of the company’s stock.

Alphabet Trading Up 1.0%

Alphabet stock opened at $329.29 on Monday. Alphabet Inc. has a one year low of $142.66 and a one year high of $331.48. The company’s fifty day moving average price is $306.90 and its two-hundred day moving average price is $250.59. The company has a market capitalization of $3.97 trillion, a price-to-earnings ratio of 32.47, a PEG ratio of 1.82 and a beta of 1.09. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.75 and a quick ratio of 1.75.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings data on Thursday, October 30th. 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 for 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%.The firm’s revenue was up 15.9% compared to the same quarter last year. During the same period last year, the business earned $2.12 EPS. On average, analysts forecast that Alphabet Inc. will post 8.89 earnings per share 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. This represents a $0.84 annualized dividend and a yield of 0.3%. The ex-dividend date was Monday, December 8th. Alphabet’s dividend payout ratio (DPR) is 8.28%.

Insiders Place Their Bets

In other news, insider John Kent Walker sold 17,829 shares of the firm’s stock in a transaction dated Tuesday, December 30th. The stock was sold at an average price of $314.89, for a total value of $5,614,173.81. Following the sale, the insider directly owned 42,972 shares of the company’s stock, valued at approximately $13,531,453.08. This trade represents a 29.32% 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, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction dated Wednesday, November 5th. The stock was sold at an average price of $283.48, for a total value of $9,213,100.00. Following the completion of the transaction, the chief executive officer owned 2,337,119 shares in the company, valued at $662,526,494.12. The trade was a 1.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 227,365 shares of company stock valued at $67,350,070 in the last quarter. Insiders own 12.99% of the company’s stock.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Multiple analyst upgrades and higher price targets boost upside expectations for GOOG, with Canaccord and others lifting targets well above prior levels — a direct catalyst for buying interest. Canaccord Raises PT to $390
• Positive Sentiment: AI product momentum: reports show Gemini gaining share versus ChatGPT and Gemini-powered features rolling into Gmail at scale — this supports stronger ad/search monetization and cloud expectations. Gemini Gains Market Share
• Positive Sentiment: Market-cap milestone: Alphabet briefly overtook Apple as the world’s No.2 public company — a sign of investor confidence that can attract index/ETF flows and reinforce momentum. Alphabet Surpasses Apple
• Neutral Sentiment: Wiz acquisition pending EU approval by Feb.10 — approval would remove a large M&A overhang; rejection would be a setback. Outcome is material but binary. EU to Decide on Wiz Deal
• Neutral Sentiment: Waymo branding/product updates signal long-term autonomy growth but limited near-term EPS impact; watch commercialization cadence. Waymo Rebrands Robotaxi
• Negative Sentiment: Regulatory/reputational pressure: three Democratic senators urged Apple and Google to suspend X and Grok from their app stores over sexualized images of minors created via AI — a headline that raises moderation/regulatory scrutiny for app stores and Google’s ecosystem. Senators Call to Suspend X and Grok
• Negative Sentiment: Legal exposure from AI products: Alphabet and Character.AI settled suits alleging AI chatbots harmed minors (including a teen suicide), underscoring potential costs, regulation and reputational risk. AI Lawsuit Settlements
• Negative Sentiment: Insider selling and talent movement: CEO Sundar Pichai disclosed a multi-million-dollar share sale; separately, Nvidia hired a Google marketing veteran — both can weigh on near-term sentiment and raise questions about insider cashing and talent retention. Pichai Share Sale

Analysts Set New Price Targets

GOOG has been the topic of several recent analyst reports. Scotiabank restated an “outperform” rating and set a $375.00 price objective (up previously from $336.00) on shares of Alphabet in a report on Friday. Barclays upped their price target on Alphabet from $250.00 to $315.00 and gave the company an “overweight” rating in a research report on Thursday, October 30th. Mizuho set a $325.00 target price on Alphabet in a report on Thursday, October 30th. DA Davidson set a $300.00 price objective on shares of Alphabet in a research note on Tuesday, November 25th. Finally, HSBC reissued a “buy” rating and set a $335.00 target price on shares of Alphabet in a research note on Thursday, October 30th. Seven research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, two have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $318.18.

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.