Alphabet Inc. $GOOGL Shares Sold by Conning Inc.

Conning Inc. reduced its stake in Alphabet Inc. (NASDAQ:GOOGL) by 14.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 49,306 shares of the information services provider’s stock after selling 8,525 shares during the period. Conning Inc.’s holdings in Alphabet were worth $11,986,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Financial Gravity Companies Inc. acquired a new stake in Alphabet in the second quarter valued at approximately $31,000. CarsonAllaria Wealth Management Ltd. grew its holdings in 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 acquiring an additional 67 shares in the last quarter. Corsicana & Co. purchased a new stake in shares of Alphabet in the 3rd quarter valued at approximately $54,000. Vermillion & White Wealth Management Group LLC increased its position in shares of Alphabet by 37.9% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 324 shares of the information services provider’s stock valued at $57,000 after purchasing an additional 89 shares during the last quarter. Finally, S&T Bank PA raised its holdings in shares of Alphabet by 40.2% in the 2nd quarter. S&T Bank PA now owns 345 shares of the information services provider’s stock valued at $61,000 after purchasing an additional 99 shares in the last quarter. 40.03% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google is accelerating targeted AI acquisitions, talent deals and strategic investments to strengthen Gemini across media generation, voice and international distribution — a direct growth play that supports future revenue and product differentiation. Google Accelerates AI Deals to Strengthen Gemini in Media and Voice
• Positive Sentiment: High-profile portfolios remain bullish on AI exposure: the Pelosi-linked filing rolled GOOGL exposure into long-dated call positions (LEAPS), a leveraged vote of confidence that institutional-style investors expect continued upside from AI leaders. Pelosi’s Bullish 2026 Buy List: AI, Power & Dividends
• Positive Sentiment: Analyst support remains constructive (recent price-target lift and buy-rating reaffirmations), which can underpin multiple expansion and investor confidence into earnings. Alphabet (NASDAQ:GOOGL) Price Target Raised to $390.00
• Neutral Sentiment: EU regulators are stepping in to ensure rivals get access to Gemini services/data and have opened proceedings to assist Google in complying with the Digital Markets Act — this clarifies compliance expectations but signals potential constraints on product exclusivity. EU starts proceedings to assist Google in complying with tech rules
• Neutral Sentiment: Competitive AI infrastructure developments (e.g., Microsoft’s Maia 200 chip) raise the bar on efficiency and pricing in the cloud/inference market — a sector-level dynamic that could affect GCP cost structure or pricing power over time. Microsoft’s Maia 200: The Profit Engine AI Needs
• Negative Sentiment: Google agreed to a preliminary $68M settlement over claims its voice assistant spied on users — a modest direct cost but a reputational and regulatory reminder that privacy/legal risks persist. Google pays $68 million to settle claims its voice assistant spied on users
• Negative Sentiment: CEO Sundar Pichai reported an insider sale of roughly $10.6M of Alphabet shares ahead of earnings — routine windowed selling but a near-term negative signal some investors watch before an earnings event. Sundar Pichai Offloads Alphabet Shares Worth $10.6M Ahead of February 4 Earnings

Insider Buying and Selling at Alphabet

In other Alphabet news, CAO Amie Thuener O’toole sold 2,778 shares of the stock in a transaction that occurred on Monday, December 15th. The stock was 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 directly owned 8,962 shares of the company’s stock, valued at approximately $2,798,832.60. This trade represents a 23.66% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction that occurred on Wednesday, January 21st. The shares were sold at an average price of $327.30, for a total value of $10,637,250.00. Following the completion of the transaction, the chief executive officer owned 2,211,872 shares in the company, valued at $723,945,705.60. This trade represents a 1.45% 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 222,409 shares of company stock valued at $68,564,532. Corporate insiders own 11.55% of the company’s stock.

Alphabet Stock Performance

Shares of Alphabet stock opened at $334.55 on Wednesday. The firm’s fifty day simple moving average is $317.62 and its 200-day simple moving average is $262.87. Alphabet Inc. has a 12 month low of $140.53 and a 12 month high of $340.49. The stock has a market capitalization of $4.04 trillion, a price-to-earnings ratio of 32.99, a PEG ratio of 1.84 and a beta of 1.08. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.75 and a quick ratio of 1.75.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings data on Wednesday, October 29th. The information services provider reported $2.87 earnings per share (EPS) for the quarter, topping the consensus estimate 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%. As a group, equities analysts forecast that Alphabet Inc. will post 8.9 earnings per share for the current year.

Analyst Ratings Changes

Several research firms recently commented on GOOGL. HSBC increased their target price on Alphabet from $335.00 to $370.00 and gave the company a “buy” rating in a report on Tuesday, December 2nd. JPMorgan Chase & Co. increased their price objective on Alphabet from $340.00 to $385.00 and gave the company an “overweight” rating in a report on Friday, December 12th. Piper Sandler reissued an “overweight” rating and set a $365.00 target price (up previously from $330.00) on shares of Alphabet in a research report on Thursday, December 11th. Robert W. Baird upped their price target on Alphabet from $310.00 to $350.00 and gave the company an “outperform” rating in a report on Tuesday, January 20th. Finally, Susquehanna increased their price target on shares of Alphabet from $225.00 to $350.00 and gave the company a “positive” rating in a research note on Thursday, October 30th. Four research analysts have rated the stock with a Strong Buy rating, forty-two have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $334.60.

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.