Indiana Trust & Investment Management Co Increases Position in Alphabet Inc. $GOOGL

Indiana Trust & Investment Management Co increased its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 4.8% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 52,439 shares of the information services provider’s stock after acquiring an additional 2,380 shares during the quarter. Alphabet accounts for 3.9% of Indiana Trust & Investment Management Co’s portfolio, making the stock its 4th biggest position. Indiana Trust & Investment Management Co’s holdings in Alphabet were worth $12,748,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Financial Gravity Companies Inc. purchased a new position in Alphabet during the second quarter worth about $31,000. CarsonAllaria Wealth Management Ltd. lifted its position 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. Corsicana & Co. purchased a new position in shares of Alphabet in the 3rd quarter worth approximately $54,000. Vermillion & White Wealth Management Group LLC grew its holdings in shares of Alphabet by 37.9% in 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 acquiring an additional 89 shares in the last quarter. Finally, Christopher J. Hasenberg Inc grew its holdings in shares of 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 acquiring an additional 152 shares in the last quarter. 40.03% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Alphabet

In related news, insider John Kent Walker sold 17,829 shares of the stock in a transaction dated Tuesday, December 30th. The stock was sold at an average price of $314.89, for a total transaction of $5,614,173.81. Following the sale, the insider owned 42,972 shares of the company’s stock, valued at approximately $13,531,453.08. This represents a 29.32% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $299.80, for a total value of $9,743,500.00. Following the sale, the chief executive officer directly owned 2,239,619 shares in the company, valued at $671,437,776.20. This trade represents a 1.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 192,687 shares of company stock worth $56,255,711 in the last 90 days. 11.55% of the stock is owned by company insiders.

Alphabet Price Performance

Shares of NASDAQ:GOOGL opened at $315.15 on Monday. The firm has a market capitalization of $3.80 trillion, a PE ratio of 31.08, a P/E/G ratio of 1.74 and a beta of 1.08. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.06. The company has a 50-day moving average price of $301.53 and a two-hundred day moving average price of $244.48. Alphabet Inc. has a twelve month low of $140.53 and a twelve month high of $328.83.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings results on Wednesday, October 29th. The information services provider reported $2.87 EPS for the quarter, beating analysts’ consensus estimates of $2.29 by $0.58. The company had revenue of $102.35 billion for the quarter, compared to analysts’ expectations of $99.90 billion. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. Equities analysts forecast that Alphabet Inc. will post 8.9 EPS for the current year.

Alphabet Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 8th were given a $0.21 dividend. The ex-dividend date was Monday, December 8th. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. Alphabet’s payout ratio is 8.28%.

Analysts Set New Price Targets

GOOGL has been the topic of several research analyst reports. Stifel Nicolaus set a $333.00 price objective on Alphabet in a research report on Thursday, October 30th. Royal Bank Of Canada reiterated a “buy” rating and set a $315.00 target price on shares of Alphabet in a research note on Tuesday, December 2nd. HSBC boosted their price target on shares of Alphabet from $335.00 to $370.00 and gave the stock a “buy” rating in a report on Tuesday, December 2nd. JPMorgan Chase & Co. raised their price objective on shares of Alphabet from $340.00 to $385.00 and gave the stock an “overweight” rating in a report on Friday, December 12th. Finally, Guggenheim reaffirmed a “buy” rating and issued a $375.00 price objective (up previously from $330.00) on shares of Alphabet in a research report on Monday, December 1st. Four research analysts have rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, Alphabet presently has a consensus rating of “Moderate Buy” and an average price target of $317.76.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Samsung plans to double the number of mobile devices using Google’s Gemini to about 800 million units this year — a major distribution win that expands Gemini’s user base, strengthens Google’s position in mobile AI, and could boost demand for Google’s AI services and ecosystem. Exclusive: Samsung to double mobile devices powered by Google’s Gemini to 800 mln units this year
• Positive Sentiment: MarketBeat notes Alphabet led Wall Street upgrades in 2025 as AI (Gemini 3), Search/YouTube monetization, cloud strength and growing external demand for its TPUs drove sentiment — that analyst momentum supports further buying interest. MarketBeat’s Top 3 Most Upgraded Stocks of 2025
• Positive Sentiment: Coverage in The Motley Fool highlights Alphabet as a top AI pick for 2026, pointing to the company’s diversified AI exposure (search, cloud, YouTube, Gemini) — useful framing for long-term investors wanting broad AI exposure. 3 Artificial Intelligence Stocks to Buy in 2026 That Could Be Better Picks Than Palantir
• Positive Sentiment: Coverage noting Warren Buffett/Berkshire’s regret over missing investment in Google serves as an institutional validation datapoint that can strengthen investor confidence. Warren Buffet’s Berkshire Hathaway on why Google is the only tech investment they regret not making
• Neutral Sentiment: Retail buzz (X, r/WallStreetBets) has featured GOOGL among the most talked-about names this week — that can amplify short-term volume and volatility but is not a direct fundamental catalyst. 5 Stocks Investors Couldn’t Stop Buzzing About This Week: TGT, TSM, GOOG And More
• Neutral Sentiment: Technical/strategy write-ups list Alphabet near buy points for some investors — signals that traders may be positioning for further upside if earnings/AI narratives hold. Google, Other AI Stocks Trade Near Buy Points. One Named ‘Top Stock’ For 2026
• Negative Sentiment: Analyst/short-form critiques argue Alphabet’s equity looks expensive, warning that stretched valuation could limit near-term upside or amplify pullbacks if growth disappoints. Alphabet’s Equity Is Way Overpriced
• Negative Sentiment: Insider activity: an Alphabet director sold about $31,972 of stock — a small-volume sale but something traders often note when weighing near-term sentiment. Insider Selling: Alphabet (NASDAQ:GOOGL) Director Sells $31,971.90 in 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.