Alphabet Inc. $GOOG Holdings Trimmed by Pinnacle Financial Partners Inc

Pinnacle Financial Partners Inc reduced its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 16.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 232,202 shares of the information services provider’s stock after selling 46,005 shares during the period. Alphabet makes up about 1.4% of Pinnacle Financial Partners Inc’s investment portfolio, making the stock its 14th largest position. Pinnacle Financial Partners Inc’s holdings in Alphabet were worth $56,553,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of GOOG. Brighton Jones LLC lifted its stake in Alphabet by 5.6% during the fourth quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider’s stock valued at $22,901,000 after purchasing an additional 6,410 shares during the last quarter. Kooman & Associates lifted its position in shares of Alphabet by 1.4% during the 2nd quarter. Kooman & Associates now owns 4,127 shares of the information services provider’s stock valued at $732,000 after acquiring an additional 56 shares during the last quarter. Kentucky Trust Co boosted its stake in shares of Alphabet by 1.0% during the 2nd quarter. Kentucky Trust Co now owns 15,809 shares of the information services provider’s stock worth $2,804,000 after acquiring an additional 155 shares in the last quarter. Peddock Capital Advisors LLC grew its holdings in shares of Alphabet by 2.3% in the 2nd quarter. Peddock Capital Advisors LLC now owns 6,273 shares of the information services provider’s stock worth $1,113,000 after acquiring an additional 140 shares during the last quarter. Finally, Evanson Asset Management LLC grew its holdings in shares of Alphabet by 1.8% in the 2nd quarter. Evanson Asset Management LLC now owns 181,598 shares of the information services provider’s stock worth $32,214,000 after acquiring an additional 3,221 shares during the last quarter. 27.26% of the stock is currently owned by institutional investors.

Alphabet Stock Performance

GOOG stock opened at $328.55 on Friday. The firm has a 50 day simple moving average of $316.33 and a 200 day simple moving average of $260.20. Alphabet Inc. has a 52 week low of $142.66 and a 52 week high of $341.20. The stock has a market cap of $3.96 trillion, a P/E ratio of 32.40, a P/E/G ratio of 1.82 and a beta of 1.09. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.75 and a current ratio of 1.75.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings data on Thursday, October 30th. 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 for the quarter, compared to analyst estimates of $99.90 billion. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. The company’s revenue for the quarter was up 15.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.12 EPS. Research analysts anticipate that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Announces Dividend

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

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on GOOG shares. Truist Financial set a $350.00 target price on Alphabet in a report on Friday, December 5th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $370.00 target price on shares of Alphabet in a research report on Tuesday. BMO Capital Markets restated an “outperform” rating and set a $340.00 price target on shares of Alphabet in a report on Thursday, October 30th. Citigroup reaffirmed a “market outperform” rating on shares of Alphabet in a research note on Wednesday, December 17th. Finally, KeyCorp reissued an “overweight” rating and set a $330.00 target price on shares of Alphabet in a research note on Thursday, October 30th. Eight equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $326.13.

Insider Activity

In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction dated Wednesday, January 21st. The stock was sold at an average price of $327.30, for a total value of $10,637,250.00. Following the transaction, the chief executive officer owned 2,211,872 shares in the company, valued at $723,945,705.60. The trade was a 1.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director John L. Hennessy sold 600 shares of the company’s stock in a transaction dated Tuesday, January 13th. The stock was sold at an average price of $337.52, for a total value of $202,512.00. Following the completion of the transaction, the director directly owned 21,224 shares in the company, valued at approximately $7,163,524.48. The trade was a 2.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 225,187 shares of company stock valued at $69,365,318. 12.99% of the stock is currently owned by company insiders.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Major analyst upgrade and higher price targets highlight AI-driven upside — Raymond James raised GOOG to “Strong Buy” and boosted its price target (street chatter also shows multiple firms lifting targets), supporting investor confidence in Alphabet’s AI strategy and Google Cloud momentum. Article Title
• Positive Sentiment: Big investors adding shares — Baillie Gifford disclosed adding ~1.19M GOOGL shares in the latest 13F filing, a sign of continued institutional accumulation that can underpin price support. Article Title
• Positive Sentiment: Strong AI ecosystem wins — Apple reportedly will use Google’s Gemini to power the next Siri, expanding Gemini’s distribution and reinforcing Alphabet’s AI moat and monetization pathways. Article Title
• Neutral Sentiment: Analyst and media coverage remains focused on AI and technicals — Several outlets and analysts are publishing bullish previews and technical trading ideas (including MarketBeat, Zacks, TipRanks), which keeps interest high but doesn’t guarantee near-term moves. Article Title
• Neutral Sentiment: Waymo expansion vs. scrutiny — Waymo launched robotaxis in Miami (expansion signal), which can drive future growth for Alphabet’s autonomy segment but also raises operational/legal exposure as deployment scales. Article Title
• Negative Sentiment: NTSB opens probe into Waymo after robotaxis passed stopped school buses — A federal safety investigation into repeated illegal passes in Austin (reported incidents across states) creates regulatory and reputational risk for Waymo and, by extension, Alphabet. That headline is the clearest near-term negative catalyst. Article Title
• Negative Sentiment: Antitrust litigation risk persists — A federal judge allowed a consumer antitrust lawsuit over Google Search to proceed, keeping legal exposure and potential remedies on the radar for investors assessing longer-term regulatory risk. Article Title

Alphabet 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.