Alphabet Inc. $GOOG Shares Sold by Florida Trust Wealth Management Co

Florida Trust Wealth Management Co cut its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 2.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 601,078 shares of the information services provider’s stock after selling 12,372 shares during the quarter. Alphabet accounts for 4.2% of Florida Trust Wealth Management Co’s portfolio, making the stock its 3rd biggest holding. Florida Trust Wealth Management Co’s holdings in Alphabet were worth $146,393,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Capital Advisory Group Advisory Services LLC raised its holdings in Alphabet by 39.4% in the 3rd quarter. Capital Advisory Group Advisory Services LLC now owns 5,258 shares of the information services provider’s stock valued at $1,281,000 after acquiring an additional 1,487 shares in the last quarter. Quantum Portfolio Management LLC increased its position in shares of Alphabet by 65.4% during the third quarter. Quantum Portfolio Management LLC now owns 20,654 shares of the information services provider’s stock valued at $5,030,000 after purchasing an additional 8,166 shares during the period. J.Safra Asset Management Corp raised its stake in shares of Alphabet by 27.0% in the third quarter. J.Safra Asset Management Corp now owns 36,083 shares of the information services provider’s stock valued at $8,788,000 after purchasing an additional 7,672 shares in the last quarter. Oak Ridge Investments LLC raised its stake in shares of Alphabet by 1.8% in the third quarter. Oak Ridge Investments LLC now owns 241,049 shares of the information services provider’s stock valued at $58,707,000 after purchasing an additional 4,280 shares in the last quarter. Finally, Tred Avon Family Wealth LLC bought a new position in Alphabet in the third quarter worth $4,119,000. 27.26% of the stock is currently owned by institutional investors.

Alphabet Price Performance

Shares of Alphabet stock opened at $328.55 on Monday. The stock has a market capitalization of $3.96 trillion, a price-to-earnings ratio of 32.40, a P/E/G ratio of 1.81 and a beta of 1.09. The firm’s 50-day moving average price is $316.33 and its two-hundred day moving average price is $261.38. 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 Inc. has a 1-year low of $142.66 and a 1-year high of $341.20.

Alphabet (NASDAQ:GOOG) last announced its 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. The business had revenue of $102.35 billion for the quarter, compared to the consensus estimate of $99.90 billion. Alphabet had a return on equity of 35.00% and a net margin of 32.23%.Alphabet’s revenue was up 15.9% compared to the same quarter last year. During the same period in the previous year, the business earned $2.12 EPS. On average, equities analysts predict that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 8th were issued 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 was Monday, December 8th. Alphabet’s dividend payout ratio is presently 8.28%.

Key Stories Impacting Alphabet

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

Insider Buying and Selling

In related news, CAO Amie Thuener O’toole sold 2,778 shares of Alphabet stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $312.30, for a total value of $867,569.40. Following the completion of the transaction, the chief accounting officer directly owned 8,962 shares of the company’s stock, valued at $2,798,832.60. The trade was a 23.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Sundar Pichai sold 32,500 shares of the company’s stock in a transaction dated Wednesday, January 21st. The stock was sold at an average price of $327.30, for a total transaction of $10,637,250.00. Following the transaction, the chief executive officer owned 2,211,872 shares in the company, valued at approximately $723,945,705.60. This trade represents a 1.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 225,187 shares of company stock valued at $69,365,318 in the last 90 days. 12.99% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Bank of America boosted their price target on shares of Alphabet from $280.00 to $335.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Weiss Ratings reissued a “buy (b)” rating on shares of Alphabet in a research note on Wednesday. Citigroup reissued a “market outperform” rating on shares of Alphabet in a research report on Wednesday, December 17th. TD Cowen reaffirmed a “buy” rating on shares of Alphabet in a report on Tuesday, January 13th. Finally, Scotiabank reiterated an “outperform” rating and issued a $375.00 price objective (up from $336.00) on shares of Alphabet in a research note on Friday, January 9th. Eight equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $326.13.

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.