Trust Point Inc. Lowers Holdings in Alphabet Inc. $GOOGL

Trust Point Inc. reduced its position in Alphabet Inc. (NASDAQ:GOOGL) by 7.3% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 40,920 shares of the information services provider’s stock after selling 3,222 shares during the quarter. Alphabet comprises about 0.8% of Trust Point Inc.’s holdings, making the stock its 17th largest position. Trust Point Inc.’s holdings in Alphabet were worth $9,948,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in GOOGL. Financial Gravity Companies Inc. acquired a new stake in Alphabet in the second quarter valued at about $31,000. Corsicana & Co. purchased a new position in shares of Alphabet during the 3rd quarter worth approximately $54,000. CarsonAllaria Wealth Management Ltd. raised its stake in shares of Alphabet by 36.4% during the 2nd quarter. CarsonAllaria Wealth Management Ltd. now owns 251 shares of the information services provider’s stock worth $44,000 after buying an additional 67 shares in the last quarter. Vermillion & White Wealth Management Group LLC lifted its holdings in shares of Alphabet by 37.9% in 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 buying an additional 89 shares during the period. Finally, S&T Bank PA lifted its holdings 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 valued at $61,000 after buying an additional 99 shares during the period. Institutional investors and hedge funds own 40.03% of the company’s stock.

Alphabet Stock Down 0.1%

Shares of GOOGL opened at $314.06 on Thursday. Alphabet Inc. has a fifty-two week low of $140.53 and a fifty-two week high of $328.83. The company’s fifty day moving average is $293.14 and its two-hundred day moving average is $237.26. The firm has a market cap of $3.79 trillion, a PE ratio of 30.97, a price-to-earnings-growth ratio of 1.81 and a beta of 1.07. 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 (NASDAQ:GOOGL) last issued its earnings results on Wednesday, October 29th. The information services provider reported $2.87 earnings per share for the quarter, topping the consensus estimate of $2.29 by $0.58. Alphabet had a return on equity of 35.00% and a net margin of 32.23%.The business had revenue of $102.35 billion for the quarter, compared to analyst estimates of $99.90 billion. Analysts forecast that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Dividend Announcement

The company 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. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, December 8th. Alphabet’s payout ratio is currently 8.28%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. Daiwa Capital Markets upped their price objective on Alphabet from $233.00 to $333.00 and gave the stock a “buy” rating in a report on Thursday, November 6th. CICC Research boosted their price target on Alphabet from $240.00 to $303.00 and gave the stock an “outperform” rating in a research note on Friday, October 31st. DA Davidson reissued a “neutral” rating and issued a $300.00 price objective on shares of Alphabet in a research note on Tuesday, November 25th. CIBC increased their target price on Alphabet to $315.00 in a report on Monday, October 20th. Finally, Wolfe Research reiterated an “outperform” rating and set a $350.00 price target (up from $290.00) on shares of Alphabet in a report on Thursday, October 30th. Four research analysts have rated the stock with a Strong Buy rating, forty-one have issued a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $315.90.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet agreed to acquire Intersect for about $4.75 billion to secure data‑center and energy capacity needed for AI growth — a strategic bolt‑on that reduces infrastructure risk and supports future revenue from Google Cloud and AI workloads. Alphabet agrees to buy Intersect for $4.75bn
• Positive Sentiment: Analysts point to a large Google Cloud backlog (reported at ~$155 billion) and strong AI/security demand — a revenue and margin tailwind that underpins near‑term earnings visibility. AI & Security Push Aids Google Cloud
• Positive Sentiment: Large investors and some hedge funds have been buying into AI leaders including Alphabet, signaling continued institutional conviction behind the stock’s multi‑year thesis. Billionaires Buy 2 Trillion-Dollar AI Stocks
• Neutral Sentiment: MarketBeat highlights the recent pullback as a technical consolidation rather than a trend break — useful context for investors assessing whether to add on weakness. Alphabet’s Pullback After a Big Year—Is This the Dip to Buy?
• Neutral Sentiment: Alphabet‑backed Motive filed for an IPO, reflecting continued activity in Alphabet’s investment ecosystem but with limited direct near‑term impact on GOOGL fundamentals. Motive files for IPO
• Neutral Sentiment: Reported short‑interest data in December looks anomalous/insufficient (zeros/NaN) and shouldn’t be treated as a reliable signal today — no clear short squeeze risk is evident from the data provided.
• Neutral Sentiment: Nvidia’s licensing and talent hires from Groq underscore intense competition across AI infrastructure suppliers; this is more a sector dynamic than an Alphabet‑specific event. Nvidia hires Groq talent
• Negative Sentiment: Waymo vehicle stalls during a San Francisco power outage prompted regulator scrutiny and commitments to fleetwide software/emergency protocol updates — a near‑term operational and PR headwind that raises regulatory/operational risk for Alphabet’s autonomous‑vehicle unit. Waymo vows to improve emergency response protocols

Insider Transactions at Alphabet

In related news, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $299.80, for a total transaction of $9,743,500.00. Following the completion of the sale, the chief executive officer owned 2,239,619 shares of the company’s stock, valued at approximately $671,437,776.20. This represents a 1.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Amie Thuener O’toole sold 2,778 shares of the firm’s 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 owned 8,962 shares in the company, valued at $2,798,832.60. The trade was a 23.66% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 226,128 shares of company stock worth $63,183,331 over the last 90 days. Company insiders own 11.64% of the company’s stock.

About Alphabet

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.