14,467 Alphabet Inc. $GOOG Shares Sold by JCIC Asset Management Inc.

JCIC Asset Management Inc. trimmed its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 20.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 54,618 shares of the information services provider’s stock after selling 14,467 shares during the quarter. Alphabet comprises 7.6% of JCIC Asset Management Inc.’s portfolio, making the stock its 3rd biggest holding. JCIC Asset Management Inc.’s holdings in Alphabet were worth $18,611,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Morton Brown Family Wealth LLC raised its stake in shares of Alphabet by 135.5% in the 3rd quarter. Morton Brown Family Wealth LLC now owns 73 shares of the information services provider’s stock valued at $25,000 after acquiring an additional 42 shares in the last quarter. Castlekeep Investment Advisors LLC bought a new stake in Alphabet during the second quarter worth approximately $29,000. Livelsberger Financial Advisory bought a new stake in Alphabet during the third quarter worth approximately $37,000. Toth Financial Advisory Corp acquired a new position in Alphabet during the second quarter valued at approximately $41,000. Finally, Timbuktu Capital Management LLC acquired a new position in Alphabet during the second quarter valued at approximately $46,000. Institutional investors and hedge funds own 27.26% of the company’s stock.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google’s Cloud, Gemini, advertising and streaming businesses are showing improving demand, according to market commentary. Reports also cite more than 1 billion Gemini app users and rapid Google Cloud growth, supporting the case that AI can create revenue beyond traditional Search. Article: GOOGL Cloud Momentum Clashes with Google Search Concerns
• Positive Sentiment: Alphabet disclosed a roughly $548 million Qualcomm stake, which could strengthen its AI data-center supply and technology relationships. Article: Alphabet discloses $548 million worth of Qualcomm stake
• Neutral Sentiment: Google acquired Crusoe’s planned Wyoming data-center site as part of a reported $17 billion expansion, with a pledge to cover the facility’s power costs. More capacity could support AI and cloud growth, while the scale of investment and energy needs add to concerns about spending and infrastructure constraints. Article: Google acquires Wyoming data center site from AI infrastructure firm Crusoe
• Neutral Sentiment: Alphabet’s Wing plans to invest up to $125 million in a Texas manufacturing facility, expanding its drone-delivery capacity. It offers longer-term growth potential but is a relatively small, multi-year investment compared with Alphabet’s core businesses. Article: Alphabet’s Drone Unit to Invest Up to $125 Million in New Texas Facility
• Negative Sentiment: Investors continue to question whether AI assistants could weaken Search growth and how effectively Alphabet can monetize AI search. Heavy data-center spending also raises concerns about cash flow, electricity availability and potential regulation. Article: Are the Fears Around Alphabet’s Search Slowdown Warranted?
• Negative Sentiment: Several law firms publicized an existing securities class action alleging investor harm during May–July 2026; the claims remain allegations, but the publicity may add a legal overhang. Separately, parents’ claims over an AI chatbot’s alleged role in a student’s suicide attempt raise potential safety and reputational concerns. Article: Google faces claims student used AI chat on US school laptop to plan suicide attempt

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Rosenblatt Securities started coverage on shares of Alphabet in a research note on Thursday, August 20th. They issued a “buy” rating for the company. Raymond James Financial reiterated a “strong-buy” rating and issued a $350.00 target price on shares of Alphabet in a research note on Thursday, October 29th. Moffett Nathanson lowered their target price on shares of Alphabet from $380.00 to $370.00 and set a “buy” rating on the stock in a research note on Wednesday, September 16th. New Street Research lowered their price target on Alphabet from $455.00 to $405.00 and set a “buy” rating on the stock in a research report on Friday, July 24th. Finally, Freedom Capital upgraded Alphabet from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 23rd. Six research analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $413.38.

Alphabet Stock Performance

Shares of GOOG traded up $2.19 during mid-day trading on Friday, hitting $283.93. The company’s stock had a trading volume of 24,574,811 shares, compared to its average volume of 22,294,856. Alphabet Inc. has a one year low of $271.41 and a one year high of $404.47. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.69 and a current ratio of 2.79. The firm has a market capitalization of $3.47 trillion, a PE ratio of 14.82, a price-to-earnings-growth ratio of 0.84 and a beta of 1.21. The stock’s 50-day moving average is $329.78 and its two-hundred day moving average is $337.01.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings data on Thursday, October 29th. The information services provider reported $2.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.01 by ($0.89). Alphabet had a return on equity of 43.33% and a net margin of 50.03%. The company had revenue of $127.58 billion during the quarter, compared to analyst estimates of $127.97 billion. During the same quarter in the previous year, the business posted $2.87 EPS. The company’s revenue was up 24.7% on a year-over-year basis. As a group, sell-side analysts anticipate that Alphabet Inc. will post 19.80 EPS for the current year.

Alphabet Announces Dividend

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

Insiders Place Their Bets

In other Alphabet news, Director Frances Arnold sold 83 shares of the firm’s stock in a transaction on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total value of $28,257.35. Following the sale, the director directly owned 19,076 shares in the company, valued at $6,494,424.20. This trade represents a 0.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Over the last ninety days, insiders have sold 247 shares of company stock valued at $79,238. 12.99% of the stock is owned by corporate insiders.

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.