Alphabet Inc. $GOOG Shares Sold by Eagle Strategies LLC

Eagle Strategies LLC cut its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 37.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,862 shares of the information services provider’s stock after selling 4,181 shares during the period. Eagle Strategies LLC’s holdings in Alphabet were worth $1,671,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. RDA Financial Network grew its holdings in shares of Alphabet by 5.3% during the 2nd quarter. RDA Financial Network now owns 11,094 shares of the information services provider’s stock worth $1,968,000 after purchasing an additional 554 shares during the period. Bleakley Financial Group LLC boosted its stake in Alphabet by 1.4% during the second quarter. Bleakley Financial Group LLC now owns 170,020 shares of the information services provider’s stock worth $30,160,000 after buying an additional 2,304 shares during the period. American National Bank of Texas purchased a new position in Alphabet during the third quarter worth about $900,000. Northwestern Mutual Wealth Management Co. increased its position in shares of Alphabet by 3.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,164,341 shares of the information services provider’s stock valued at $206,542,000 after acquiring an additional 42,028 shares during the last quarter. Finally, Oldfather Financial Services LLC purchased a new stake in shares of Alphabet in the 2nd quarter valued at approximately $213,000. Hedge funds and other institutional investors own 27.26% of the company’s stock.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet has overtaken Apple to become the world’s second‑largest public company by market cap, reinforcing investor confidence in Alphabet’s AI momentum and signaling potential ETF/inflow support. Alphabet’s market-cap news
• Positive Sentiment: Analyst upgrades and higher price targets are piling up (Cantor Fitzgerald, Canaccord and others), giving buy-side momentum and a clearer near‑term valuation anchor for bullish flows. Analyst price target update
• Positive Sentiment: Product-driven monetization: Google is rolling Gemini AI features into Gmail (summaries, drafting, answers for billions of users), supporting ad/search engagement and differentiation vs. OpenAI. This underpins revenue upside expectations. Gmail Gemini features
• Positive Sentiment: Regulatory relief: reporting indicates EU’s digital-rule overhaul will avoid the strictest measures for big tech, reducing near‑term regulatory uncertainty for Google’s ad and platform businesses. EU digital rule overhaul
• Neutral Sentiment: Wiz acquisition pending: the EU will decide on Alphabet’s $32B Wiz cybersecurity buy by Feb. 10 — approval would remove a major deal overhang, but a rejection would be a setback. Outcome is binary. Wiz EU decision
• Neutral Sentiment: Fund rebalancing: Gradient Investments trimmed ~19% of its reported GOOG stake in the 12/31 13F; institutional churn can weigh on intraday flows but often reflects portfolio rebalancing rather than a negative view. Gradient Investments 13F update
• Negative Sentiment: Insider selling: CEO Sundar Pichai sold 32,500 shares (~$10.4M) in a disclosed SEC transaction; while routine for executives, such sales can be interpreted by some investors as a mild negative signal. Insider sale filing
• Negative Sentiment: Legal/reputational note: Alphabet and Character.AI have settled suits tied to harms allegedly caused by AI chatbots — settlement reduces litigation uncertainty but highlights regulatory and reputational risk around AI safety. Lawsuit settlement

Insider Activity

In other Alphabet news, Director John L. Hennessy sold 600 shares of the company’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $308.19, for a total value of $184,914.00. Following the completion of the transaction, the director owned 3,916 shares in the company, valued at $1,206,872.04. This represents a 13.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Amie Thuener O’toole sold 2,778 shares of the firm’s stock in a transaction dated 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 sale, the chief accounting officer owned 8,962 shares of the company’s stock, valued at approximately $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 sold 227,965 shares of company stock worth $67,495,822 over the last three months. Company insiders own 12.99% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on GOOG shares. HSBC reaffirmed a “buy” rating and set a $335.00 price objective on shares of Alphabet in a research report on Thursday, October 30th. Morgan Stanley raised their price target on Alphabet from $210.00 to $270.00 and gave the stock an “overweight” rating in a research report on Thursday, October 2nd. Pivotal Research reaffirmed a “buy” rating and issued a $400.00 price objective (up from $350.00) on shares of Alphabet in a research note on Friday, December 5th. Rosenblatt Securities set a $279.00 target price on Alphabet in a research note on Thursday, October 30th. Finally, Jefferies Financial Group restated a “buy” rating and set a $365.00 target price on shares of Alphabet in a report on Monday. Seven equities research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $316.79.

Alphabet Stock Up 1.1%

GOOG stock opened at $326.01 on Friday. The company’s 50 day moving average price is $305.95 and its 200 day moving average price is $248.33. The firm has a market capitalization of $3.93 trillion, a price-to-earnings ratio of 32.15, a PEG ratio of 1.78 and a beta of 1.09. Alphabet Inc. has a fifty-two week low of $142.66 and a fifty-two week high of $330.54. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.75 and a current ratio of 1.75.

Alphabet (NASDAQ:GOOG) last posted its quarterly earnings results on Thursday, October 30th. The information services provider reported $2.87 EPS for the quarter, topping the consensus estimate of $2.29 by $0.58. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. The company had revenue of $102.35 billion during the quarter, compared to analysts’ expectations of $99.90 billion. During the same quarter in the previous year, the business posted $2.12 EPS. The firm’s revenue was up 15.9% on a year-over-year basis. On average, equities research analysts anticipate that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 8th were given a dividend of $0.21 per share. 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 dividend payout ratio is currently 8.28%.

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.