Citizens Business Bank Grows Stock Holdings in Alphabet Inc. $GOOGL

Citizens Business Bank grew its position in Alphabet Inc. (NASDAQ:GOOGL) by 8.7% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 34,787 shares of the information services provider’s stock after buying an additional 2,792 shares during the period. Alphabet accounts for about 1.4% of Citizens Business Bank’s portfolio, making the stock its 19th largest position. Citizens Business Bank’s holdings in Alphabet were worth $8,457,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of GOOGL. Financial Gravity Companies Inc. acquired a new stake in Alphabet in the second quarter valued at approximately $31,000. Pilgrim Partners Asia Pte Ltd acquired a new position in shares of Alphabet during the third quarter worth $53,000. Corsicana & Co. purchased a new stake in shares of Alphabet during the 3rd quarter valued at $54,000. Vermillion & White Wealth Management Group LLC lifted its holdings in shares of Alphabet by 37.9% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock valued at $57,000 after purchasing an additional 89 shares during the last quarter. Finally, S&T Bank PA boosted its position in shares of Alphabet by 40.2% in the 2nd quarter. S&T Bank PA now owns 345 shares of the information services provider’s stock worth $61,000 after purchasing an additional 99 shares in the last quarter. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google is rolling out Agent Designer / AI agents on the Pentagon’s GenAI.mil portal, letting millions of DoD staff build unclassified digital assistants for administrative tasks — a direct path to cloud and services revenue from government contracts. Note the deployment occurs amid legal friction with Anthropic, which adds complexity but not immediate revenue headwinds. Google deepens Pentagon AI push after Anthropic sues Trump administration
• Positive Sentiment: Multiple outlets report Google deploying AI agents to help the Pentagon automate jobs — reinforcing the same revenue/scale thesis for Google Cloud and enterprise AI products. Google Deploys AI Agents to Help Pentagon Automate Jobs
• Positive Sentiment: MarketBeat flags a technical reset: the stock has pulled back toward a $300 support zone and may be forming a higher low — a potential entry for long-term investors if key moving averages are reclaimed. Institutional inflows and bullish analyst targets underpin this view. Alphabet’s Pullback May Be Opening a New Entry Point
• Positive Sentiment: Google and Tesla joined others to launch Utilize, aiming to change grid usage/regulation — a strategic partnership that could open enterprise opportunities for Google’s software and energy-related services. Google and Tesla think we’re managing the electrical grid all wrong
• Positive Sentiment: Wall Street commentary shows renewed target activity and modest upgrades that support upside expectations — helpful for sentiment while the stock digests the pullback. Wall Street analyst updates Google stock price target for next 12 months
• Neutral Sentiment: Short-interest reports in the dataset show anomalous zero/NaN values and 0 days-to-cover — appears to be data/reporting noise rather than a market signal. (No external link available.)
• Neutral Sentiment: Media pieces weigh whether GOOGL’s current level is a breakout or a value trap and sketch buy strategies around lower prices — useful for positioning but not immediate catalysts. GOOGL Stock At $300: Is This A Breakout Or A Value Trap?
• Negative Sentiment: Reports highlight Sundar Pichai’s $692M compensation package tied to long-shot projects that aren’t currently revenue-generating — a governance/expense concern that can weigh on sentiment. Alphabet CEO Sundar Pichai’s new $692 million compensation package hinges on two moonshots
• Negative Sentiment: Insider selling: CEO disclosed roughly $9.86M in stock sales — a modest negative signal for investor optics (typical for executives exercising/monetizing holdings but worth monitoring). Insider Selling: Alphabet CEO Sells Stock
• Negative Sentiment: Competitive risk: coverage noting Microsoft’s dual-model AI strategy and Azure momentum underscores tougher competition for cloud/AI workloads — a sector-level headwind for GOOGL’s cloud positioning. Microsoft Positioned to Win AI Race With Dual-Model Strategy

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on GOOGL shares. BNP Paribas Exane assumed coverage on Alphabet in a research note on Monday, November 24th. They set an “outperform” rating and a $355.00 target price on the stock. KeyCorp set a $370.00 price target on Alphabet and gave the stock an “overweight” rating in a report on Thursday, February 5th. Evercore restated an “outperform” rating and set a $400.00 price target (up from $325.00) on shares of Alphabet in a research note on Thursday, February 5th. Wedbush upped their price objective on shares of Alphabet from $360.00 to $370.00 and gave the company an “outperform” rating in a report on Thursday, February 5th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $375.00 price objective (up from $330.00) on shares of Alphabet in a research report on Tuesday, January 13th. Three analysts have rated the stock with a Strong Buy rating, forty-three have given a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $367.18.

Insider Buying and Selling

In other news, CAO Amie Thuener O’toole sold 2,778 shares of Alphabet stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $312.30, for a total transaction of $867,569.40. Following the completion of the transaction, the chief accounting officer directly owned 8,962 shares of the company’s stock, valued at $2,798,832.60. The trade was 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, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the business’s stock in a transaction on Friday, January 30th. The shares were sold at an average price of $19.00, for a total transaction of $35,060,852.00. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 2,112,493 shares of company stock valued at $118,605,094. Insiders own 11.55% of the company’s stock.

Alphabet Stock Performance

NASDAQ GOOGL opened at $307.04 on Wednesday. The stock has a 50-day simple moving average of $319.65 and a two-hundred day simple moving average of $288.33. The firm has a market capitalization of $3.71 trillion, a P/E ratio of 28.40, a PEG ratio of 1.79 and a beta of 1.10. Alphabet Inc. has a fifty-two week low of $140.53 and a fifty-two week high of $349.00. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01.

Alphabet (NASDAQ:GOOGL) last issued its earnings results on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, topping analysts’ consensus estimates of $2.57 by $0.25. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The firm had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. On average, equities analysts forecast that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 9th will be issued a $0.21 dividend. The ex-dividend date of this dividend is Monday, March 9th. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. Alphabet’s payout ratio is presently 7.77%.

Alphabet Profile

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.