First Nebraska Trust Co Invests $3.90 Million in Alphabet Inc. $GOOG

First Nebraska Trust Co acquired a new stake in shares of Alphabet Inc. (NASDAQ:GOOG) during the first quarter, according to its most recent disclosure with the SEC. The fund acquired 13,610 shares of the information services provider’s stock, valued at approximately $3,904,000.

A number of other hedge funds also recently made changes to their positions in GOOG. Imprint Wealth LLC purchased a new position in Alphabet during the third quarter valued at approximately $31,000. Nvest Wealth Strategies Inc. purchased a new stake in shares of Alphabet in the fourth quarter worth $38,000. Lifetime Wealth Management P.C. purchased a new stake in shares of Alphabet in the fourth quarter worth $38,000. Bard Associates Inc. bought a new stake in shares of Alphabet during the 4th quarter valued at $41,000. Finally, Towne Trust Company N.A lifted its stake in shares of Alphabet by 34.0% during the 4th quarter. Towne Trust Company N.A now owns 134 shares of the information services provider’s stock valued at $42,000 after buying an additional 34 shares in the last quarter. 27.26% of the stock is currently owned by institutional investors.

Insider Transactions at Alphabet

In other Alphabet news, CAO Marsida Saraci sold 449 shares of the firm’s stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total transaction of $149,606.80. Following the completion of the transaction, the chief accounting officer owned 27,386 shares in the company, valued at $9,125,015.20. This trade represents a 1.61% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Frances Arnold sold 82 shares of Alphabet stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $333.39, for a total value of $27,337.98. Following the completion of the sale, the director directly owned 18,914 shares in the company, valued at approximately $6,305,738.46. The trade was a 0.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 600,547 shares of company stock valued at $16,255,540. 12.99% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on GOOG. TD Cowen reaffirmed a “buy” rating and issued a $475.00 target price on shares of Alphabet in a report on Thursday, July 23rd. Wells Fargo & Company decreased their price target on Alphabet from $418.00 to $411.00 and set an “overweight” rating on the stock in a report on Thursday, July 23rd. The Goldman Sachs Group restated a “buy” rating and issued a $450.00 price objective on shares of Alphabet in a research report on Thursday, May 21st. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Alphabet in a research note on Thursday, July 23rd. Finally, UBS Group reiterated a “neutral” rating and set a $379.00 target price (down from $400.00) on shares of Alphabet in a research report on Thursday, July 23rd. Seven equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $410.09.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: AI and cloud growth are supporting the stock. Investors are responding to evidence that Alphabet’s large AI investments can drive revenue and profits. Google Cloud continues to be a key valuation driver, while the company’s custom AI chips are increasingly viewed as credible alternatives to Nvidia’s products. Alphabet and Amazon custom AI chips
• Positive Sentiment: Strong fundamentals and bullish positioning remain supportive. Alphabet recently reported quarterly revenue of $119.8 billion, up 24.2% year over year, and exceeded consensus EPS expectations. Analysts remain broadly positive, while investors purchased approximately 275,667 call options Friday—about 33% above average daily call volume.
• Positive Sentiment: Enterprise AI partnerships could expand Google Cloud demand. Alphabet’s Gemini models are being integrated into Oracle’s enterprise software, and the company is reportedly backing financing for an Anthropic data center. These developments could generate additional demand for Alphabet’s cloud infrastructure and AI services.
• Neutral Sentiment: Capital spending remains the central investment debate. Alphabet raised its 2026 capital-expenditure outlook to $195 billion–$205 billion. The spending is intended to capture AI demand, but investors are watching whether future revenue growth will justify the scale of the investment.
• Negative Sentiment: AI spending is weighing on cash flow. A sharp increase in infrastructure investment reportedly pushed free cash flow negative in the latest quarter, while rising memory and data-center costs could increase future depreciation and pressure margins. AI buildout costs
• Negative Sentiment: Google withdrew its Earth AI feature after misinformation concerns. The one-day-old feature allowed fabricated AI images inside Google Earth, and its cancellation highlights reputational and product-governance risks. Google Earth AI feature cancellation

Alphabet Stock Performance

GOOG opened at $356.65 on Friday. The stock has a market capitalization of $4.36 trillion, a price-to-earnings ratio of 17.91, a PEG ratio of 1.00 and a beta of 1.23. The company has a fifty day moving average of $355.82 and a 200 day moving average of $337.91. Alphabet Inc. has a fifty-two week low of $188.70 and a fifty-two week high of $404.47. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, topping the consensus estimate of $2.87 by $6.24. The business had revenue of $119.80 billion for the quarter, compared to analysts’ expectations of $116.53 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The business’s quarterly revenue was up 24.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.31 EPS. As a group, sell-side analysts forecast that Alphabet Inc. will post 20.51 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, September 14th. Stockholders of record on Monday, September 7th will be issued a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, September 4th. Alphabet’s payout ratio is 4.42%.

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.