Alphabet Inc. $GOOG Shares Sold by Nichols & Pratt Advisers LLP MA

Nichols & Pratt Advisers LLP MA reduced its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 0.4% in the 3rd quarter, HoldingsChannel reports. The firm owned 474,140 shares of the information services provider’s stock after selling 1,884 shares during the period. Alphabet accounts for about 7.3% of Nichols & Pratt Advisers LLP MA’s investment portfolio, making the stock its 2nd largest holding. Nichols & Pratt Advisers LLP MA’s holdings in Alphabet were worth $115,477,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in GOOG. Manning & Napier Advisors LLC bought a new stake in shares of Alphabet during the third quarter worth $32,000. Tripletail Wealth Management LLC bought a new stake in Alphabet during the 3rd quarter worth about $40,000. University of Illinois Foundation acquired a new stake in Alphabet in the 2nd quarter valued at about $31,000. Fairman Group LLC increased its position in Alphabet by 121.3% in the 2nd quarter. Fairman Group LLC now owns 177 shares of the information services provider’s stock valued at $31,000 after acquiring an additional 97 shares in the last quarter. Finally, Retirement Wealth Solutions LLC raised its stake in shares of Alphabet by 145.0% in the third quarter. Retirement Wealth Solutions LLC now owns 196 shares of the information services provider’s stock worth $48,000 after acquiring an additional 116 shares during the last quarter. 27.26% of the stock is owned by institutional investors.

Insider Activity

In other news, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $296.64, for a total transaction of $9,640,800.00. Following the transaction, the chief executive officer directly owned 2,304,619 shares of the company’s stock, valued at $683,642,180.16. This trade represents a 1.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider John Kent Walker sold 17,829 shares of the company’s stock in a transaction on Tuesday, December 30th. The shares were sold at an average price of $314.89, for a total transaction of $5,614,173.81. Following the completion of the sale, the insider owned 42,972 shares of the company’s stock, valued at approximately $13,531,453.08. This represents a 29.32% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 2,070,464 shares of company stock worth $106,153,077 in the last ninety days. Company insiders own 12.99% of the company’s stock.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Q4 beat and Cloud strength — Alphabet’s Q4 results and analyst takeaways highlighted robust revenue, a fast‑growing Google Cloud (high revenue and margin expansion) and bullish analyst upgrades, reinforcing growth expectations. Alphabet Q4 Takeaway: Doubling Down On Cloud And AI Investments Should Pay Off
• Positive Sentiment: Big bond raise to fund AI buildout — Alphabet is tapping the U.S. high‑grade bond market (reported plan ~ $15B) to fund AI infrastructure and capex, which investors view as backing for long‑term AI monetization. Alphabet’s debt raise fuels forecasts for record year in corporate bond sales
• Positive Sentiment: Legal win limits damages — A court ruling trimmed a previously reported $2.36B penalty tied to past data‑collection practices, reducing near‑term legal overhang. Alphabet (GOOGL)’s Legal Ruling Limits Damages, Analysts Remain Constructive
• Positive Sentiment: Waymo autonomous expansion — Waymo announced fully autonomous operations in Nashville, a concrete execution step for its robotaxi business that supports long‑term service/monetization upside. Waymo goes fully autonomous in Nashville
• Positive Sentiment: Long‑term power deal for data centers — TotalEnergies signed long‑term solar supply pacts to power Google’s Texas data centers, helping secure lower‑cost, sustainable power for AI compute growth. TotalEnergies to provide solar power to Google’s Texas data centres
• Neutral Sentiment: Management flags AI risks even as it raises debt — Alphabet added new AI‑related risk disclosures (including potential ad impacts and long‑duration commercial contracts) in annual filings; investors are parsing how these qualitative risks map to longer‑term revenue/cost outcomes. Alphabet calls out new AI-related risks, as it taps debt market to fund buildout
• Negative Sentiment: New trademark lawsuit over AI video tools — Autodesk sued Google alleging trademark infringement around AI video software branding, adding another legal distraction with unclear but potentially incremental costs. Google sued by Autodesk over AI-powered movie-making software
• Negative Sentiment: Insider selling headlines — Recent disclosure of CEO and other insider stock sales adds a near‑term headline risk that some traders watch, though such sales have been frequent historically. Insider Selling: Alphabet (NASDAQ:GOOG) CEO Sells $10,893,350.00 in Stock

Analysts Set New Price Targets

Several research firms have recently commented on GOOG. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $370.00 price target on shares of Alphabet in a research note on Tuesday, January 20th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $345.00 price objective on shares of Alphabet in a research report on Thursday. Jefferies Financial Group reissued a “buy” rating and issued a $365.00 target price on shares of Alphabet in a research note on Monday, January 5th. BMO Capital Markets reaffirmed an “outperform” rating and set a $400.00 price target on shares of Alphabet in a research note on Thursday. Finally, Wolfe Research raised their price target on Alphabet from $290.00 to $350.00 and gave the company an “outperform” rating in a report on Thursday, October 30th. Seven investment analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Alphabet has an average rating of “Buy” and a consensus price target of $343.47.

Alphabet Stock Performance

GOOG stock opened at $324.40 on Tuesday. Alphabet Inc. has a twelve month low of $142.66 and a twelve month high of $350.15. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. The company has a market cap of $3.91 trillion, a P/E ratio of 30.01, a price-to-earnings-growth ratio of 1.79 and a beta of 1.10. The business’s fifty day moving average is $322.51 and its 200-day moving average is $272.87.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, beating analysts’ consensus estimates of $2.59 by $0.23. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The business had revenue of $113.83 billion during the quarter, compared to the consensus estimate of $111.24 billion. During the same quarter in the prior year, the company posted $2.15 earnings per share. The firm’s revenue was up 18.0% on a year-over-year basis. Equities research analysts forecast that Alphabet Inc. will post 8.89 EPS for the current year.

Alphabet Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 9th will be paid a dividend of $0.21 per share. The ex-dividend date of this dividend is Monday, March 9th. This represents a $0.84 annualized dividend and a yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is presently 7.77%.

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.