Alphabet Inc. $GOOG Shares Sold by Meyer Handelman Co.

Meyer Handelman Co. lowered its position in Alphabet Inc. (NASDAQ:GOOG) by 1.3% in the third quarter, HoldingsChannel reports. The institutional investor owned 303,744 shares of the information services provider’s stock after selling 3,934 shares during the period. Alphabet makes up 2.3% of Meyer Handelman Co.’s holdings, making the stock its 11th biggest position. Meyer Handelman Co.’s holdings in Alphabet were worth $73,977,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Brighton Jones LLC grew its position in shares of Alphabet by 5.6% in 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. Nicholas Hoffman & Company LLC. lifted its stake in Alphabet by 4.0% in the 1st quarter. Nicholas Hoffman & Company LLC. now owns 25,146 shares of the information services provider’s stock valued at $3,929,000 after buying an additional 976 shares in the last quarter. EP Wealth Advisors LLC lifted its stake in Alphabet by 15.0% in the 1st quarter. EP Wealth Advisors LLC now owns 253,687 shares of the information services provider’s stock valued at $39,634,000 after buying an additional 33,081 shares in the last quarter. Federation des caisses Desjardins du Quebec grew its holdings in Alphabet by 2.6% during the 1st quarter. Federation des caisses Desjardins du Quebec now owns 1,030,675 shares of the information services provider’s stock valued at $161,027,000 after buying an additional 25,888 shares during the last quarter. Finally, Family Office Research LLC increased its position in Alphabet by 15.6% during the first quarter. Family Office Research LLC now owns 1,301 shares of the information services provider’s stock worth $203,000 after buying an additional 176 shares in the last quarter. 27.26% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $250.15, for a total transaction of $8,129,875.00. Following the completion of the sale, the chief executive officer owned 2,369,619 shares in the company, valued at approximately $592,760,192.85. The trade was a 1.35% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider John Kent Walker sold 17,829 shares of the firm’s stock in a transaction that occurred on Tuesday, December 30th. The shares were sold at an average price of $314.89, for a total transaction of $5,614,173.81. Following the completion of the transaction, the insider owned 42,972 shares in the company, valued at $13,531,453.08. The trade was a 29.32% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 195,363 shares of company stock valued at $57,024,525 in the last three months. Corporate insiders own 12.99% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on GOOG. Weiss Ratings restated a “buy (b)” rating on shares of Alphabet in a research report on Wednesday, October 8th. DA Davidson set a $300.00 target price on shares of Alphabet in a research note on Tuesday, November 25th. BMO Capital Markets reaffirmed an “outperform” rating and set a $340.00 price target on shares of Alphabet in a research note on Thursday, October 30th. Guggenheim reiterated a “buy” rating and set a $375.00 price target on shares of Alphabet in a report on Monday, December 1st. Finally, Canaccord Genuity Group reissued a “buy” rating and set a $330.00 price objective on shares of Alphabet in a research note on Thursday, October 30th. Seven 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 given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $313.04.

Alphabet Stock Up 0.0%

Shares of GOOG opened at $314.54 on Wednesday. Alphabet Inc. has a fifty-two week low of $142.66 and a fifty-two week high of $328.67. The company’s fifty day moving average is $298.73 and its two-hundred day moving average is $242.31. The firm has a market cap of $3.80 trillion, a PE ratio of 31.02, 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:GOOG) last issued its earnings results on Thursday, October 30th. 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. During the same period last year, the company posted $2.12 EPS. The business’s quarterly revenue was up 15.9% on a year-over-year basis. Analysts forecast that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Announces Dividend

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%.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Q3/Q4 earnings and company results flagged resiliency and upside vs. expectations — analysts point to strong ad and cloud performance that underpin near?term earnings. Alphabet (GOOG) Reported Strong Results Despite AI Disruption
• Positive Sentiment: Google Gemini adoption is surging (massive YoY growth and market?share gains vs. ChatGPT), a direct revenue/engagement tailwind for Search, YouTube and Cloud monetization. Google Gemini & YouTube: GOOGL Digital Fortresses to Fend Off ChatGPT
• Positive Sentiment: Cloud momentum and AI infrastructure (including custom chips) are driving >30% cloud growth and improving unit economics versus peers — supports longer?term margin expansion. Ranking the Best “Magnificent Seven” Stocks to Buy for 2026. Here’s My No.
• Positive Sentiment: Street sentiment is warming: heavy analyst upgrades and bullish price targets (MarketBeat/TipRanks highlight double?digit upside and a consensus lift in coverage). The 5 Most Upgraded Stocks from 2025: Double-Digit Upside in 2026 (Alphabet coverage)
• Positive Sentiment: Corporate development win — SandboxAQ (Alphabet spin?off) landed a major Bahrain cyber contract, showing diversification into government/security revenue streams. Alphabet (GOOGL) Spin Off SandboxAQ Wins Major Government Cyber Deal in Bahrain
• Neutral Sentiment: Market commentary notes Alphabet’s re?rating into an AI growth multiple — supports higher targets but raises valuation sensitivity to AI execution and capex. Alphabet Isn’t a Search and Ad Company Anymore. Now It’s Valued Like an AI Stock
• Negative Sentiment: Regulatory/legal risk: reports indicate a DOJ probe tied to company DEI policies — an added political/regulatory overhang that could amplify volatility or lead to enforcement headlines. Trump’s Justice Department probes Google, Verizon over DEI policies, citing fraud law: report

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.