Alphabet Inc. $GOOG Shares Sold by Philadelphia Trust Co.

Philadelphia Trust Co. lessened its stake in Alphabet Inc. (NASDAQ:GOOG) by 30.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 35,035 shares of the information services provider’s stock after selling 15,616 shares during the quarter. Philadelphia Trust Co.’s holdings in Alphabet were worth $11,938,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of GOOG. Morton Brown Family Wealth LLC lifted its position in shares of Alphabet by 135.5% during the third quarter. Morton Brown Family Wealth LLC now owns 73 shares of the information services provider’s stock worth $25,000 after purchasing an additional 42 shares in the last quarter. Castlekeep Investment Advisors LLC purchased a new position in shares of Alphabet in the second quarter valued at $29,000. Livelsberger Financial Advisory purchased a new position in shares of Alphabet in the third quarter valued at $37,000. Toth Financial Advisory Corp purchased a new position in shares of Alphabet in the second quarter valued at $41,000. Finally, Timbuktu Capital Management LLC acquired a new stake in Alphabet during the 2nd quarter valued at $46,000. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Alphabet Trading Up 2.0%

GOOG opened at $290.63 on Thursday. Alphabet Inc. has a 12-month low of $271.41 and a 12-month high of $404.47. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.79 and a quick ratio of 2.69. The stock has a market capitalization of $3.57 trillion, a PE ratio of 15.17, a P/E/G ratio of 0.86 and a beta of 1.21. The firm’s fifty day moving average price is $326.81 and its 200 day moving average price is $336.38.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings data on Thursday, October 29th. The information services provider reported $2.12 earnings per share for the quarter, missing the consensus estimate of $3.01 by ($0.89). The company had revenue of $127.58 billion for the quarter, compared to analyst estimates of $127.97 billion. Alphabet had a return on equity of 43.33% and a net margin of 50.03%. Alphabet’s revenue was up 24.7% on a year-over-year basis. During the same period in the prior year, the business earned $2.87 earnings per share. As a group, research analysts expect that Alphabet Inc. will post 19.74 EPS for the current fiscal year.

Alphabet Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 14th. Stockholders of record on Monday, December 7th will be paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Monday, December 7th. Alphabet’s dividend payout ratio is 4.59%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Raymond James Financial reaffirmed a “strong-buy” rating and set a $350.00 price target on shares of Alphabet in a research note on Thursday, October 29th. Roth Capital boosted their price objective on shares of Alphabet from $435.00 to $440.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. BMO Capital Markets set a $425.00 price objective on shares of Alphabet in a research report on Thursday, October 29th. DZ Bank raised shares of Alphabet from a “buy” rating to a “strong-buy” rating in a research report on Thursday, July 23rd. Finally, Royal Bank Of Canada restated a “buy” rating and set a $475.00 target price on shares of Alphabet in a research note on Thursday, July 23rd. Six equities research analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $413.38.

Insider Activity

In other news, Director Frances Arnold sold 83 shares of the stock in a transaction dated Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total transaction of $28,257.35. Following the transaction, the director owned 19,076 shares of the company’s stock, valued at approximately $6,494,424.20. This trade represents a 0.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In the last quarter, insiders have sold 247 shares of company stock valued at $79,238. Corporate insiders own 12.99% of the company’s stock.

Alphabet News Roundup

These are some of the GOOG news items that stood out recently:

• Positive Sentiment: Google unveiled two new Tensor Processing Units aimed at agentic AI and confidential enterprise computing. The chips broaden Alphabet’s in-house hardware offering and could reduce reliance on outside processors. Article: Alphabet Edged Higher After Revealing New TPUs
• Positive Sentiment: Google is testing a faster Gemini 4 Flash model internally, following the launch of Gemini 4 Carbon for developers and businesses. Continued model releases may help Alphabet compete for AI workloads and monetization. Article: Google is letting staff test a fast new Gemini AI model named Hydrogen
• Negative Sentiment: Several law firms publicized an existing securities class action against Alphabet, alleging investor harm during May 19–July 16, 2026, with a December 1 lead-plaintiff deadline. The notices add reputational and potential legal risk; they cite claims involving Gemini 3.5 Pro delays and alleged disclosure failures, which remain allegations. Article: Kaplan Fox reminds Alphabet investors of securities class action deadline

About Alphabet

Alphabet is a technology holding company whose primary business is Google. Founded in 1998 by Larry Page and Sergey Brin, Google became part of Alphabet when the company adopted a holding-company structure in 2015. Sundar Pichai leads Alphabet and Google as chief executive officer. Google offers internet search, online advertising, cloud computing, and software and hardware products. Its services and products include Google Search, YouTube, Android, Chrome, Google Maps, Google Play, and Google Cloud.