NBT Bank N A NY Has $38.02 Million Stake in Alphabet Inc. $GOOGL

NBT Bank N A NY decreased its position in Alphabet Inc. (NASDAQ:GOOGL) by 2.6% in the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 154,242 shares of the information services provider’s stock after selling 4,128 shares during the period. Alphabet accounts for about 2.7% of NBT Bank N A NY’s investment portfolio, making the stock its 5th biggest position. NBT Bank N A NY’s holdings in Alphabet were worth $38,021,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Lodestar Private Asset Management LLC lifted its holdings in shares of Alphabet by 6.7% in the 3rd quarter. Lodestar Private Asset Management LLC now owns 10,720 shares of the information services provider’s stock worth $2,606,000 after buying an additional 673 shares during the period. Leavell Investment Management Inc. raised its holdings in shares of Alphabet by 0.7% in the third quarter. Leavell Investment Management Inc. now owns 40,807 shares of the information services provider’s stock valued at $9,920,000 after acquiring an additional 293 shares in the last quarter. Arlington Trust Co LLC lifted its stake in Alphabet by 1.0% in the third quarter. Arlington Trust Co LLC now owns 28,218 shares of the information services provider’s stock worth $6,860,000 after acquiring an additional 285 shares during the period. Vectors Research Management LLC bought a new position in Alphabet during the 3rd quarter worth about $1,902,000. Finally, Richardson Financial Services Inc. increased its position in Alphabet by 6.1% during the 3rd quarter. Richardson Financial Services Inc. now owns 10,792 shares of the information services provider’s stock valued at $2,624,000 after purchasing an additional 617 shares during the period. 40.03% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on GOOGL shares. JMP Securities reaffirmed a “market outperform” rating and issued a $290.00 price target on shares of Alphabet in a research report on Wednesday, October 22nd. 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. KeyCorp reaffirmed an “overweight” rating and set a $360.00 target price (up previously from $330.00) on shares of Alphabet in a research report on Monday. Cantor Fitzgerald downgraded Alphabet from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 20th. Finally, New Street Research boosted their price target on Alphabet from $275.00 to $295.00 in a research report on Friday, October 24th. Four analysts have rated the stock with a Strong Buy rating, forty-two have given a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $334.60.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google rolled out Project Genie, an AI model that can generate fully rendered, interactive 3D worlds from simple prompts — a direct competitive advantage for Google in AI content creation that pressured gaming rivals (a potential long-term revenue and platform win for Alphabet). Videogame stocks slide on Google’s AI model that turns prompts into playable worlds
• Positive Sentiment: Project Genie coverage specifically names Unity and Roblox as being hurt by the announcement, underscoring that Google’s tech could displace parts of the gaming content creation stack — bullish for Alphabet’s AI moat and cloud/AI services demand. Google’s Project Genie Hammers Gaming Stocks. Unity Software and Roblox Sink.
• Positive Sentiment: Google disrupted a large residential proxy network (IPIDEA), claiming it removed millions of devices from abuse — a reputational and security win that reduces fraud and could lower costs/risks for Google services. Google disrupts large residential proxy network, reducing devices used by ‘millions’
• Positive Sentiment: Waymo expanded airport robotaxi service in San Francisco — a commercial growth milestone for Alphabet’s autonomous-vehicle unit that supports long-term service monetization. Waymo Opens Up Airport Service in San Francisco. Everything to Know About the Robotaxi
• Neutral Sentiment: Analysts and outlets are prepping for Alphabet’s upcoming Q4 results; estimate-driven coverage (Zacks) focuses attention on key metrics and could amplify post-earnings moves. Ahead of Alphabet (GOOGL) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics
• Neutral Sentiment: Industry write-ups compare Alphabet to rivals in AI infrastructure (CoreWeave, Amazon) and note that Amazon/Google moves are chipping at Nvidia’s exclusivity in AI chips — a mixed competitive backdrop for cloud/AI spend. CRVW vs. GOOGL: Which Stock Wins the AI Infrastructure Race?
• Neutral Sentiment: Coverage noting Amazon and Google eating into Nvidia’s chip dominance signals broader industry capex and partnership shifts — relevant to Alphabet’s cloud/TPU strategy but not an immediate stock catalyst. Amazon and Google Eat Into Nvidia’s A.I. Chip Supremacy
• Negative Sentiment: A federal jury found former Google engineer Linwei Ding guilty of stealing trade secrets and uploading internal AI materials to personal cloud accounts — a headline that highlights IP risk and could trigger internal reviews, compliance costs or client concerns. Former Google engineer found guilty of espionage and theft of AI tech
• Negative Sentiment: Waymo reported an incident where a robotaxi struck a child near a school and the NHTSA opened an investigation — a regulatory and PR risk for Alphabet’s AV program that could delay rollouts or invite additional oversight. A Waymo hit a child near an elementary school. The NHTSA is investigating

Alphabet Stock Performance

Shares of NASDAQ GOOGL opened at $338.00 on Friday. The stock has a market cap of $4.08 trillion, a price-to-earnings ratio of 33.33, a PEG ratio of 1.86 and a beta of 1.08. The company has a 50 day simple moving average of $320.23 and a two-hundred day simple moving average of $264.99. Alphabet Inc. has a 12 month low of $140.53 and a 12 month high of $342.29. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06.

Alphabet (NASDAQ:GOOGL) last announced its quarterly 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 company had revenue of $102.35 billion for the quarter, compared to the consensus estimate of $99.90 billion. As a group, analysts predict that Alphabet Inc. will post 8.9 earnings per share for the current year.

Insider Activity

In related news, CAO Amie Thuener O’toole sold 2,778 shares of the stock in a transaction 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 sale, the chief accounting officer directly owned 8,962 shares of the company’s stock, valued at approximately $2,798,832.60. This represents a 23.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction on Wednesday, November 5th. The shares were sold at an average price of $283.48, for a total transaction of $9,213,100.00. Following the completion of the transaction, the chief executive officer directly owned 2,337,119 shares of the company’s stock, valued at $662,526,494.12. The trade was a 1.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 2,067,707 shares of company stock valued at $103,627,383. 11.64% of the stock is currently owned by company insiders.

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.