Alphabet Inc. $GOOG is Florida Trust Wealth Management Co’s 3rd Largest Position

Florida Trust Wealth Management Co lowered its stake in shares of Alphabet Inc. (NASDAQ:GOOG) by 2.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 601,078 shares of the information services provider’s stock after selling 12,372 shares during the period. Alphabet comprises about 4.2% of Florida Trust Wealth Management Co’s investment portfolio, making the stock its 3rd biggest holding. Florida Trust Wealth Management Co’s holdings in Alphabet were worth $146,393,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of GOOG. Capital Advisory Group Advisory Services LLC raised its holdings in shares of Alphabet by 39.4% during the third quarter. Capital Advisory Group Advisory Services LLC now owns 5,258 shares of the information services provider’s stock worth $1,281,000 after acquiring an additional 1,487 shares in the last quarter. Quantum Portfolio Management LLC increased its position in Alphabet by 65.4% in the 3rd quarter. Quantum Portfolio Management LLC now owns 20,654 shares of the information services provider’s stock worth $5,030,000 after purchasing an additional 8,166 shares during the last quarter. J.Safra Asset Management Corp raised its stake in shares of Alphabet by 27.0% during the 3rd quarter. J.Safra Asset Management Corp now owns 36,083 shares of the information services provider’s stock worth $8,788,000 after purchasing an additional 7,672 shares in the last quarter. Oak Ridge Investments LLC raised its stake in shares of Alphabet by 1.8% during the 3rd quarter. Oak Ridge Investments LLC now owns 241,049 shares of the information services provider’s stock worth $58,707,000 after purchasing an additional 4,280 shares in the last quarter. Finally, Tred Avon Family Wealth LLC acquired a new stake in shares of Alphabet during the 3rd quarter valued at about $4,119,000. 27.26% of the stock is currently owned by hedge funds and other institutional investors.

Alphabet Trading Down 0.7%

NASDAQ:GOOG opened at $328.55 on Monday. The company’s 50 day moving average is $316.33 and its 200-day moving average is $261.38. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.06. Alphabet Inc. has a 12 month low of $142.66 and a 12 month high of $341.20. The firm has a market cap of $3.96 trillion, a price-to-earnings ratio of 32.40, a P/E/G ratio of 1.81 and a beta of 1.09.

Alphabet (NASDAQ:GOOG) last posted its earnings results on Thursday, October 30th. The information services provider reported $2.87 earnings per share (EPS) 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 analyst estimates of $99.90 billion. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. Alphabet’s revenue was up 15.9% compared to the same quarter last year. During the same period last year, the business posted $2.12 EPS. Equities analysts anticipate that Alphabet Inc. will post 8.89 EPS for the current year.

Alphabet Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 8th were paid a $0.21 dividend. The ex-dividend date 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 presently 8.28%.

Insider Buying and Selling

In related news, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $319.50, for a total transaction of $10,383,750.00. Following the completion of the sale, the chief executive officer owned 2,272,119 shares in the company, valued at $725,942,020.50. This represents a 1.41% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider John Kent Walker sold 17,829 shares of Alphabet stock in a transaction that occurred on 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 completion of the transaction, the insider directly owned 42,972 shares in the company, valued at approximately $13,531,453.08. This represents a 29.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 225,187 shares of company stock valued at $69,365,318. Insiders own 12.99% of the company’s stock.

Alphabet News Roundup

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

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Loop Capital upgraded Alphabet from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 18th. Weiss Ratings reissued a “buy (b)” rating on shares of Alphabet in a research report on Wednesday. BNP Paribas Exane assumed coverage on shares of Alphabet in a research note on Monday, November 24th. They set an “outperform” rating on the stock. DA Davidson set a $300.00 price target on shares of Alphabet in a report on Tuesday, November 25th. Finally, Pivotal Research reiterated a “buy” rating and issued a $400.00 price objective (up from $350.00) on shares of Alphabet in a report on Friday, December 5th. Eight investment analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $326.13.

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.