Alphabet Inc. $GOOG Shares Sold by Chokshi & Queen Wealth Advisors Inc

Chokshi & Queen Wealth Advisors Inc reduced its position in Alphabet Inc. (NASDAQ:GOOG) by 49.6% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 4,760 shares of the information services provider’s stock after selling 4,680 shares during the period. Alphabet accounts for about 0.6% of Chokshi & Queen Wealth Advisors Inc’s holdings, making the stock its 22nd biggest holding. Chokshi & Queen Wealth Advisors Inc’s holdings in Alphabet were worth $1,159,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Bleakley Financial Group LLC increased its holdings in Alphabet by 1.4% in the second quarter. Bleakley Financial Group LLC now owns 170,020 shares of the information services provider’s stock valued at $30,160,000 after buying an additional 2,304 shares in the last quarter. CWA Asset Management Group LLC increased its position in Alphabet by 2.2% during the 3rd quarter. CWA Asset Management Group LLC now owns 157,143 shares of the information services provider’s stock worth $38,272,000 after purchasing an additional 3,444 shares in the last quarter. American National Bank of Texas purchased a new position in shares of Alphabet during the third quarter valued at approximately $900,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Alphabet by 3.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,164,341 shares of the information services provider’s stock worth $206,542,000 after acquiring an additional 42,028 shares during the period. Finally, Oldfather Financial Services LLC acquired a new position in shares of Alphabet in the 2nd quarter valued at $213,000. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Insider Buying and Selling at Alphabet

In other news, CAO Amie Thuener O’toole sold 2,778 shares of the company’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $312.30, for a total value of $867,569.40. Following the sale, the chief accounting officer owned 8,962 shares of the company’s stock, valued at approximately $2,798,832.60. This represents a 23.66% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $321.21, for a total value of $10,439,325.00. Following the completion of the transaction, the chief executive officer owned 2,244,372 shares in the company, valued at $720,914,730.12. The trade was a 1.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 192,087 shares of company stock valued at $58,525,556 over the last quarter. Company insiders own 12.99% of the company’s stock.

Alphabet Stock Down 0.0%

Shares of Alphabet stock opened at $336.31 on Thursday. Alphabet Inc. has a 1 year low of $142.66 and a 1 year high of $341.20. The company has a market cap of $4.06 trillion, a P/E ratio of 33.17, a P/E/G ratio of 1.86 and a beta of 1.09. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06. The stock has a 50-day moving average price of $310.07 and a 200 day moving average price of $253.40.

Alphabet (NASDAQ:GOOG) last issued its earnings results on Thursday, October 30th. The information services provider reported $2.87 earnings per share for the quarter, topping the consensus estimate of $2.29 by $0.58. The company had revenue of $102.35 billion for the quarter, compared to analyst estimates of $99.90 billion. Alphabet had a return on equity of 35.00% and a net margin of 32.23%.The business’s revenue was up 15.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.12 EPS. As a group, analysts expect that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 8th were given a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 0.2%. The ex-dividend date was Monday, December 8th. Alphabet’s dividend payout ratio (DPR) is currently 8.28%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Guggenheim reissued a “buy” rating and set a $375.00 price target on shares of Alphabet in a research report on Monday, December 1st. Cowen restated a “buy” rating on shares of Alphabet in a research note on Tuesday. Citigroup reaffirmed a “market outperform” rating on shares of Alphabet in a report on Wednesday, December 17th. UBS Group restated a “neutral” rating on shares of Alphabet in a research note on Thursday, October 30th. Finally, Phillip Securities upgraded Alphabet from a “moderate buy” rating to a “strong-buy” rating in a report on Friday, November 7th. Seven investment analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Buy” and a consensus target price of $318.36.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Apple deal and $4T milestone reinforce AI leadership and potential recurring licensing revenue (analysts estimate ~ $1B/year), widening Gemini’s distribution across Apple devices and validating Alphabet’s monetization path. Alphabet reaches $4 trillion valuation
• Positive Sentiment: Google launched “Personal Intelligence” in the Gemini app (beta), a feature that integrates user data across apps to deliver more personalized answers — a product lever that could boost engagement, search/ad relevance and paid AI services over time. Google Personal Intelligence launch
• Positive Sentiment: Wall Street momentum: several bullish takes and price-target raises (including analyst upgrades and high-profile bulls like Jim Cramer) are supporting investor demand and helping push shares to record levels. This fuels momentum-driven buying and options activity. Analysts see AI-fueled upside
• Neutral Sentiment: Reputational/regulatory pressure — advocacy groups urged Apple and Google to remove X and Grok from app stores; this raises content-moderation scrutiny but is unlikely to hit Alphabet’s core revenue near term. Advocacy groups call on app stores to drop X and Grok
• Negative Sentiment: Grid/connectivity bottlenecks for U.S. transmission are delaying data‑center hookups in some regions (waits >10 years in spots). That constraint can slow Google Cloud capacity expansion, raise capital and operating costs (on-site generation, storage), and cap near-term cloud growth if not addressed. Grid is biggest challenge for connecting data centers
• Positive Sentiment: Supply-chain/manufacturing move — reports Google will develop/high-end smartphones in Vietnam, which could lower device costs and broaden hardware strategy tied to its ecosystem and Gemini distribution. Google to develop and manufacture smartphones in Vietnam

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.