Alphabet Inc. $GOOG Shares Sold by Evergreen Capital Management LLC

Evergreen Capital Management LLC trimmed its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 2.1% during the third quarter, Holdings Channel reports. The firm owned 255,406 shares of the information services provider’s stock after selling 5,593 shares during the quarter. Alphabet comprises 1.5% of Evergreen Capital Management LLC’s portfolio, making the stock its 8th largest holding. Evergreen Capital Management LLC’s holdings in Alphabet were worth $62,204,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of GOOG. Waters Parkerson & CO. LLC grew its position in shares of Alphabet by 1.7% during the 3rd quarter. Waters Parkerson & CO. LLC now owns 24,455 shares of the information services provider’s stock valued at $5,956,000 after buying an additional 407 shares during the last quarter. YCG LLC boosted its stake in Alphabet by 0.5% in the third quarter. YCG LLC now owns 253,550 shares of the information services provider’s stock valued at $61,752,000 after acquiring an additional 1,288 shares during the period. Vectors Research Management LLC boosted its stake in Alphabet by 36.2% in the third quarter. Vectors Research Management LLC now owns 1,880 shares of the information services provider’s stock valued at $458,000 after acquiring an additional 500 shares during the period. Charter Capital Management LLC DE grew its holdings in shares of Alphabet by 5.0% during the third quarter. Charter Capital Management LLC DE now owns 5,781 shares of the information services provider’s stock valued at $1,408,000 after purchasing an additional 274 shares during the last quarter. Finally, Professional Financial Advisors LLC raised its position in shares of Alphabet by 2.0% during the 3rd quarter. Professional Financial Advisors LLC now owns 10,124 shares of the information services provider’s stock worth $2,466,000 after purchasing an additional 201 shares during the period. 27.26% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $370.00 price objective on shares of Alphabet in a research report on Tuesday. Wolfe Research boosted their price target on shares of Alphabet from $290.00 to $350.00 and gave the company an “outperform” rating in a report on Thursday, October 30th. Barclays upped their price target on shares of Alphabet from $250.00 to $315.00 and gave the stock an “overweight” rating in a research report on Thursday, October 30th. Morgan Stanley lifted their price objective on shares of Alphabet from $210.00 to $270.00 and gave the company an “overweight” rating in a research report on Thursday, October 2nd. Finally, Raymond James Financial upgraded shares of Alphabet from an “outperform” rating to a “strong-buy” rating and upped their target price for the stock from $315.00 to $400.00 in a research report on Thursday. Eight 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 assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average target price of $326.13.

Insider Activity

In related news, CAO Amie Thuener O’toole sold 2,778 shares of Alphabet stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $288.26, for a total transaction of $800,786.28. Following the transaction, the chief accounting officer directly owned 11,739 shares of the company’s stock, valued at $3,383,884.14. The trade was a 19.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Sundar Pichai sold 32,500 shares of the company’s stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $319.50, for a total transaction of $10,383,750.00. Following the completion of the sale, the chief executive officer directly owned 2,272,119 shares of the company’s stock, valued at $725,942,020.50. The trade was a 1.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 225,187 shares of company stock worth $69,365,318. 12.99% of the stock is owned by company insiders.

Alphabet Stock Performance

GOOG stock opened at $328.55 on Friday. The company has a 50-day simple moving average of $316.33 and a 200 day simple moving average of $260.20. The company has a market capitalization of $3.96 trillion, a P/E ratio of 32.40, a PEG ratio of 1.82 and a beta of 1.09. 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 Inc. has a fifty-two week low of $142.66 and a fifty-two week high of $341.20.

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

Alphabet Announces Dividend

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

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Major analyst upgrade and higher price targets highlight AI-driven upside — Raymond James raised GOOG to “Strong Buy” and boosted its price target (street chatter also shows multiple firms lifting targets), supporting investor confidence in Alphabet’s AI strategy and Google Cloud momentum. Article Title
• Positive Sentiment: Big investors adding shares — Baillie Gifford disclosed adding ~1.19M GOOGL shares in the latest 13F filing, a sign of continued institutional accumulation that can underpin price support. Article Title
• Positive Sentiment: Strong AI ecosystem wins — Apple reportedly will use Google’s Gemini to power the next Siri, expanding Gemini’s distribution and reinforcing Alphabet’s AI moat and monetization pathways. Article Title
• Neutral Sentiment: Analyst and media coverage remains focused on AI and technicals — Several outlets and analysts are publishing bullish previews and technical trading ideas (including MarketBeat, Zacks, TipRanks), which keeps interest high but doesn’t guarantee near-term moves. Article Title
• Neutral Sentiment: Waymo expansion vs. scrutiny — Waymo launched robotaxis in Miami (expansion signal), which can drive future growth for Alphabet’s autonomy segment but also raises operational/legal exposure as deployment scales. Article Title
• Negative Sentiment: NTSB opens probe into Waymo after robotaxis passed stopped school buses — A federal safety investigation into repeated illegal passes in Austin (reported incidents across states) creates regulatory and reputational risk for Waymo and, by extension, Alphabet. That headline is the clearest near-term negative catalyst. Article Title
• Negative Sentiment: Antitrust litigation risk persists — A federal judge allowed a consumer antitrust lawsuit over Google Search to proceed, keeping legal exposure and potential remedies on the radar for investors assessing longer-term regulatory risk. Article Title

Alphabet Company Profile

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.