Alphabet Inc. $GOOGL Shares Sold by Independence Bank of Kentucky

Independence Bank of Kentucky trimmed its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 2.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 89,164 shares of the information services provider’s stock after selling 2,412 shares during the period. Alphabet comprises 2.8% of Independence Bank of Kentucky’s holdings, making the stock its 6th largest position. Independence Bank of Kentucky’s holdings in Alphabet were worth $21,676,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of GOOGL. Financial Gravity Companies Inc. acquired a new stake in shares of Alphabet during the 2nd quarter worth approximately $31,000. CarsonAllaria Wealth Management Ltd. boosted its holdings in Alphabet by 36.4% during the second 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 grew its position in Alphabet by 37.9% during the second 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. Christopher J. Hasenberg Inc increased its holdings in Alphabet by 77.6% in the second quarter. Christopher J. Hasenberg Inc now owns 348 shares of the information services provider’s stock valued at $61,000 after buying an additional 152 shares in the last quarter. Finally, S&T Bank PA raised its position in shares of Alphabet by 40.2% in the second quarter. S&T Bank PA now owns 345 shares of the information services provider’s stock worth $61,000 after acquiring an additional 99 shares during the period. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, CAO Amie Thuener O’toole sold 2,778 shares of the stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $250.05, for a total value of $694,638.90. Following the completion of the sale, the chief accounting officer owned 14,516 shares of the company’s stock, valued at approximately $3,629,725.80. This trade represents a 16.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider John Kent Walker sold 17,816 shares of Alphabet stock in a transaction that occurred on Monday, September 29th. The stock was sold at an average price of $247.42, for a total value of $4,408,034.72. Following the transaction, the insider owned 42,985 shares in the company, valued at approximately $10,635,348.70. The trade was a 29.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 226,128 shares of company stock valued at $63,183,331 in the last ninety days. 11.55% of the stock is currently owned by corporate insiders.

Alphabet Trading Up 1.5%

Shares of GOOGL stock opened at $314.35 on Wednesday. The stock’s fifty day moving average is $291.88 and its two-hundred day moving average is $236.72. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.75 and a current ratio of 1.75. The firm has a market capitalization of $3.79 trillion, a P/E ratio of 31.00, a PEG ratio of 1.78 and a beta of 1.07. Alphabet Inc. has a fifty-two week low of $140.53 and a fifty-two week high of $328.83.

Alphabet (NASDAQ:GOOGL) last released its earnings results on Wednesday, October 29th. The information services provider reported $2.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.29 by $0.58. The business had revenue of $102.35 billion during the quarter, compared to analyst estimates of $99.90 billion. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. Research analysts expect that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 8th were issued a $0.21 dividend. The ex-dividend date was Monday, December 8th. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. Alphabet’s dividend payout ratio is presently 8.28%.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet agreed to buy Intersect for $4.75 billion (cash + assumed debt) to secure data?center projects and clean energy capacity — a strategic move to bypass grid bottlenecks and accelerate AI compute build?out, which supports Google Cloud and AI growth expectations. Alphabet agrees to buy Intersect for $4.75bn
• Positive Sentiment: Coverage and sentiment pieces frame Alphabet’s recent pullback as consolidation within a multi?year uptrend—citing strong revenue, Google Cloud momentum, large institutional inflows, and continued analyst bullishness — reinforcing the buy thesis for many investors. Alphabet’s Pullback After a Big Year—Is This the Dip to Buy?
• Neutral Sentiment: Motive, a fleet?management company backed by Alphabet’s GV, filed for an IPO — a reminder Alphabet’s venture arm continues to monetize ecosystem gains, but the direct impact on GOOG is limited. Motive files for IPO
• Neutral Sentiment: Multiple commentary pieces compare Alphabet to Nvidia as AI leaders; these narratives help sentiment and valuation multiples but also set high growth expectations that investors will watch into 2026. Nvidia vs Alphabet analysis
• Negative Sentiment: A New York Times reporter sued Google (and others) alleging copyrighted works were used to train chatbots — potential legal and settlement risk that could increase compliance costs and regulatory scrutiny around AI training data. NYT reporter sues Google over chatbot training
• Negative Sentiment: California regulators are reviewing an incident in which Waymo vehicles stalled during a San Francisco power outage — a potential regulatory and reputational headwind for Alphabet’s AV unit. Waymo review after power outage

Analyst Upgrades and Downgrades

A number of research firms have recently commented on GOOGL. Sanford C. Bernstein raised their target price on Alphabet from $260.00 to $305.00 and gave the company a “market perform” rating in a research report on Thursday, October 30th. Guggenheim reiterated a “buy” rating and set a $375.00 price target (up previously from $330.00) on shares of Alphabet in a research report on Monday, December 1st. Roth Capital boosted their price objective on Alphabet from $210.00 to $265.00 and gave the company a “buy” rating in a research report on Thursday, October 16th. Susquehanna upped their target price on Alphabet from $225.00 to $350.00 and gave the stock a “positive” rating in a research note on Thursday, October 30th. Finally, President Capital lifted their price target on shares of Alphabet from $258.00 to $323.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. Four investment analysts have rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $315.90.

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.