GLOBALT Investments LLC GA Sells 6,891 Shares of Alphabet Inc. $GOOG

GLOBALT Investments LLC GA trimmed its stake in Alphabet Inc. (NASDAQ:GOOG) by 43.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,978 shares of the information services provider’s stock after selling 6,891 shares during the period. GLOBALT Investments LLC GA’s holdings in Alphabet were worth $2,187,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Brighton Jones LLC lifted its position in shares of Alphabet by 5.6% during the fourth quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider’s stock valued at $22,901,000 after buying an additional 6,410 shares during the last quarter. Nicholas Hoffman & Company LLC. lifted its position in Alphabet by 4.0% during the first quarter. Nicholas Hoffman & Company LLC. now owns 25,146 shares of the information services provider’s stock valued at $3,929,000 after acquiring an additional 976 shares during the last quarter. WPG Advisers LLC acquired a new stake in Alphabet in the first quarter valued at approximately $295,000. All Terrain Financial Advisors LLC grew its holdings in Alphabet by 79.1% in the first quarter. All Terrain Financial Advisors LLC now owns 7,855 shares of the information services provider’s stock worth $1,227,000 after purchasing an additional 3,468 shares during the last quarter. Finally, Canada Pension Plan Investment Board increased its position in shares of Alphabet by 2.2% during the first quarter. Canada Pension Plan Investment Board now owns 6,364,297 shares of the information services provider’s stock worth $994,294,000 after purchasing an additional 134,358 shares in the last quarter. Institutional investors own 27.26% of the company’s stock.

Key Stores Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet has outperformed other Magnificent Seven members YTD (about +66%) which underpins momentum and investor confidence in GOOG’s AI/search-led growth. Article Title
• Positive Sentiment: BMO and other sell‑side commentary highlight accelerating AI-driven cloud commitments as a structural growth catalyst for Google Cloud revenue and margins — supports higher earnings multiples for GOOG. Article Title
• Positive Sentiment: Alphabet’s acquisition of Intersect (data‑center/energy infrastructure) is a strategic move to scale capacity for AI workloads — likely positive for long‑term cloud/AI positioning (capex & integration risk remain). Article Title
• Positive Sentiment: Analyst commentary and price‑target updates remain bullish (multiple recent buys/overweights and median targets near/above current levels), reinforcing institutional demand; large funds (UBS, Berkshire, Fidelity) materially added positions in Q3. Article Title
• Positive Sentiment: Industry comparisons point to Alphabet’s AI momentum (Search + Cloud) as a competitive edge versus other AI names like Adobe — a narrative likely to attract growth and momentum money. Article Title
• Neutral Sentiment: Product improvements — Google is testing a way to let some users change Gmail addresses without losing data. Helpful for user satisfaction but low near-term revenue impact. Article Title
• Neutral Sentiment: Coverage pieces and buy‑the‑dip narratives (MarketBeat, Motley Fool) may sustain retail interest; they support sentiment but aren’t new fundamentals.
• Negative Sentiment: Short interest rose ~35% in December (to ~56.15M shares), increasing potential downside pressure and volatility if sentiment weakens. (Higher days‑to‑cover also raises squeeze risk but signals more bearish positioning.)
• Negative Sentiment: Quiver/other data flag heavy insider selling (multiple senior executives sold shares recently), which some investors view as a cautionary signal on near‑term conviction. Article Title
• Negative Sentiment: Operational note: Waymo paused SF robotaxis during extreme weather — minor near‑term PR/operational impact, but highlights autonomous mobility regulatory/operational risks. Article Title

Alphabet Price Performance

Shares of NASDAQ GOOG opened at $314.96 on Friday. Alphabet Inc. has a 52 week low of $142.66 and a 52 week high of $328.67. The business’s 50 day moving average price is $296.32 and its 200 day moving average price is $239.52. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.06. The firm has a market cap of $3.80 trillion, a P/E ratio of 31.06, a P/E/G ratio of 1.82 and a beta of 1.07.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings data on Thursday, October 30th. The information services provider reported $2.87 EPS for the quarter, beating the consensus estimate of $2.29 by $0.58. The business had revenue of $102.35 billion during the quarter, compared to analysts’ expectations of $99.90 billion. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. The business’s quarterly revenue was up 15.9% compared to the same quarter last year. During the same period in the previous year, the business posted $2.12 EPS. On average, sell-side analysts expect that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 8th were paid a $0.21 dividend. The ex-dividend date was Monday, December 8th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet’s dividend payout ratio is presently 8.28%.

Insider Buying and Selling

In related news, Director Frances Arnold sold 102 shares of Alphabet stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $317.66, for a total transaction of $32,401.32. Following the completion of the transaction, the director directly owned 18,104 shares in the company, valued at approximately $5,750,916.64. This trade represents a 0.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Amie Thuener O’toole sold 2,778 shares of the company’s stock in a transaction that occurred on 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 sale, the chief accounting officer owned 8,962 shares in the company, valued at approximately $2,798,832.60. This represents a 23.66% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 228,906 shares of company stock valued at $63,984,117 in the last three months. 12.99% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

GOOG has been the topic of several research analyst reports. KeyCorp restated an “overweight” rating and set a $330.00 target price on shares of Alphabet in a research note on Thursday, October 30th. Guggenheim restated a “buy” rating and set a $375.00 price target on shares of Alphabet in a research note on Monday, December 1st. Robert W. Baird upped their price objective on shares of Alphabet from $215.00 to $275.00 and gave the company an “outperform” rating in a report on Monday, September 22nd. Phillip Securities upgraded shares of Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research note on Friday, November 7th. Finally, UBS Group restated a “neutral” rating on shares of Alphabet in a research note on Thursday, October 30th. Seven investment analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, three have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Alphabet has an average rating of “Buy” and a consensus price target of $313.04.

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.