Alphabet Inc. $GOOG Shares Sold by Oakworth Capital Inc.

Oakworth Capital Inc. lowered its position in Alphabet Inc. (NASDAQ:GOOG) by 1.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 180,914 shares of the information services provider’s stock after selling 1,842 shares during the period. Alphabet accounts for 2.5% of Oakworth Capital Inc.’s portfolio, making the stock its 10th largest holding. Oakworth Capital Inc.’s holdings in Alphabet were worth $44,062,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in GOOG. Manning & Napier Advisors LLC bought a new stake in Alphabet in the third quarter worth $32,000. Tripletail Wealth Management LLC bought a new position in Alphabet during the third quarter valued at about $40,000. WestEnd Advisors LLC lifted its position in shares of 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 buying an additional 61 shares during the last quarter. University of Illinois Foundation bought a new stake in shares of Alphabet during the 2nd quarter worth about $31,000. Finally, Fairman Group LLC boosted its stake in shares of Alphabet by 121.3% during the 2nd quarter. Fairman Group LLC now owns 177 shares of the information services provider’s stock worth $31,000 after acquiring an additional 97 shares in the last quarter. Institutional investors own 27.26% of the company’s stock.

Insider Activity

In other Alphabet news, Director Frances Arnold sold 102 shares of the business’s stock in a transaction on Thursday, January 29th. The shares were sold at an average price of $340.00, for a total value of $34,680.00. Following the sale, the director owned 18,307 shares of the company’s stock, valued at $6,224,380. The trade was a 0.55% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $335.18, for a total transaction of $10,893,350.00. Following the completion of the transaction, the chief executive officer owned 2,179,372 shares of the company’s stock, valued at approximately $730,481,906.96. This represents a 1.47% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 2,070,464 shares of company stock valued at $106,153,077. 12.99% of the stock is owned by insiders.

Alphabet Stock Down 2.5%

NASDAQ GOOG opened at $323.10 on Friday. Alphabet Inc. has a twelve month low of $142.66 and a twelve month high of $350.15. The stock has a market cap of $3.90 trillion, a PE ratio of 29.89, a PEG ratio of 1.82 and a beta of 1.10. The firm has a 50-day simple moving average of $322.32 and a 200 day simple moving average of $271.38. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.75 and a current ratio of 2.01.

Alphabet (NASDAQ:GOOG) last posted its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, beating the consensus estimate of $2.59 by $0.23. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The firm had revenue of $113.83 billion during the quarter, compared to analysts’ expectations of $111.24 billion. During the same quarter in the prior year, the firm posted $2.15 EPS. The company’s revenue for the quarter was up 18.0% on a year-over-year basis. On average, research analysts forecast that Alphabet Inc. will post 8.89 EPS for the current year.

Alphabet Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 9th will be given a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Monday, March 9th. Alphabet’s dividend payout ratio (DPR) is 8.28%.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Q4 beat: Alphabet reported higher‑than‑expected revenue and EPS, Google Cloud grew ~48% YoY and backlog jumped to roughly $240B — proof of strong AI demand underpinning long‑term growth. Alphabet Crushes Earnings — MarketBeat
• Positive Sentiment: Product and ecosystem wins: Gemini adoption and enterprise traction (large token/API usage) are driving monetization across Search, YouTube and Cloud; Waymo is also using Google’s Genie‑3 model for virtual training — signals that AI investments are translating into product advantage. Waymo Taps Google’s Genie 3 — TipRanks
• Neutral Sentiment: Analyst view is broadly positive but mixed on valuation: several price‑target raises and buy/overweight ratings highlight conviction in AI/cloud upside, while some firms flag a hold rating because of aggressive capex and near‑term margin pressure. New Analyst Forecast $395 — QuiverQuant
• Neutral Sentiment: Corporate moves: Alphabet announced a small quarterly dividend and continues to convert AI investments into subscriptions and ad monetization — long‑term positives, but limited near‑term impact on share price.
• Negative Sentiment: CapEx shock: management guided roughly $175–185B in 2026 CapEx (nearly double 2025), which spooked investors because it pushes spending and capital intensity into the spotlight and raises near‑term return uncertainty. That guidance is the primary reason shares fell today. Alphabet Resets the Bar for AI Spending — CNBC
• Negative Sentiment: Insider & fund selling: recent insider sales and public fund trimming (and some institutional position reductions) add selling pressure and amplify short‑term downside risk. Stock Down on Insider Selling — AmericanBankingNews
• Negative Sentiment: Policy & reputational risks: a proposed bill to regulate data‑center interconnection/charges and internal employee protests over government cloud contracts could raise operating costs or create reputational/headwind risks for data‑center expansion. Power for the People Act S.3682 — QuiverQuant Google Workers Demand End to Cloud Services — NYTimes

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. HSBC reissued a “buy” rating and issued a $335.00 price objective on shares of Alphabet in a research note on Thursday, October 30th. JPMorgan Chase & Co. boosted their price objective on shares of Alphabet from $385.00 to $395.00 and gave the stock an “overweight” rating in a research note on Thursday. DA Davidson set a $300.00 price objective on shares of Alphabet in a report on Tuesday, November 25th. Oppenheimer reiterated an “outperform” rating and issued a $360.00 target price on shares of Alphabet in a research note on Thursday. Finally, Sanford C. Bernstein reiterated a “market perform” rating and issued a $345.00 target price on shares of Alphabet in a report on Thursday. Seven research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $343.47.

About Alphabet

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.