2,228 Alphabet Inc. $GOOG Shares Sold by W.G. Shaheen & Associates DBA Whitney & Co

W.G. Shaheen & Associates DBA Whitney & Co cut its position in Alphabet Inc. (NASDAQ:GOOG) by 1.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 155,322 shares of the information services provider’s stock after selling 2,228 shares during the quarter. Alphabet comprises about 3.9% of W.G. Shaheen & Associates DBA Whitney & Co’s holdings, making the stock its 3rd largest position. W.G. Shaheen & Associates DBA Whitney & Co’s holdings in Alphabet were worth $52,924,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in GOOG. Morton Brown Family Wealth LLC increased its holdings in Alphabet by 135.5% in the 3rd quarter. Morton Brown Family Wealth LLC now owns 73 shares of the information services provider’s stock worth $25,000 after acquiring an additional 42 shares during the last quarter. Castlekeep Investment Advisors LLC purchased a new stake in Alphabet during the second quarter valued at about $29,000. Livelsberger Financial Advisory purchased a new position in shares of Alphabet in the third quarter worth about $37,000. Timbuktu Capital Management LLC purchased a new position in shares of Alphabet in the second quarter worth about $46,000. Finally, Team Financial Group LLC purchased a new stake in shares of Alphabet during the 3rd quarter valued at approximately $60,000. 27.26% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $350.00 price objective on shares of Alphabet in a report on Thursday, October 29th. Citic Securities increased their target price on Alphabet from $430.00 to $434.00 and gave the stock a “buy” rating in a research report on Monday, July 27th. Wedbush initiated coverage on Alphabet in a research report on Thursday, July 16th. They set an “outperform” rating and a $445.00 target price on the stock. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $350.00 price target on shares of Alphabet in a report on Thursday, October 29th. Finally, KeyCorp reiterated an “overweight” rating and issued a $385.00 price target on shares of Alphabet in a research report on Thursday, October 29th. Six investment analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $413.38.

Alphabet Stock Performance

NASDAQ:GOOG opened at $283.93 on Monday. The business’s 50-day moving average price is $329.78 and its two-hundred day moving average price is $337.01. Alphabet Inc. has a twelve month low of $271.41 and a twelve month high of $404.47. The stock has a market cap of $3.49 trillion, a P/E ratio of 14.82, a PEG ratio of 0.86 and a beta of 1.21. The company has a quick ratio of 2.69, a current ratio of 2.79 and a debt-to-equity ratio of 0.19.

Alphabet (NASDAQ:GOOG) last announced its earnings results 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). The company had revenue of $127.58 billion for the quarter, compared to the consensus estimate of $127.97 billion. Alphabet had a net margin of 50.03% and a return on equity of 43.33%. The company’s revenue for the quarter was up 24.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.87 earnings per share. As a group, equities analysts predict that Alphabet Inc. will post 19.80 EPS for the current fiscal year.

Alphabet Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 14th. Shareholders of record on Monday, December 7th will be given a dividend of $0.22 per share. The ex-dividend date 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 (DPR) is presently 4.59%.

Insiders Place Their Bets

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

More Alphabet News

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

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.