Stock Yards Bank & Trust Co. Decreases Holdings in Alphabet Inc. $GOOG

Stock Yards Bank & Trust Co. trimmed its holdings in Alphabet Inc. (NASDAQ:GOOG) by 3.4% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 64,691 shares of the information services provider’s stock after selling 2,293 shares during the quarter. Stock Yards Bank & Trust Co.’s holdings in Alphabet were worth $15,756,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Tradewinds LLC. increased its stake in Alphabet by 2,134.8% in the 3rd quarter. Tradewinds LLC. now owns 45,098 shares of the information services provider’s stock worth $10,984,000 after purchasing an additional 43,080 shares during the period. Bleakley Financial Group LLC boosted its stake in shares of Alphabet by 1.4% during the second quarter. Bleakley Financial Group LLC now owns 170,020 shares of the information services provider’s stock valued at $30,160,000 after purchasing an additional 2,304 shares during the period. CWA Asset Management Group LLC grew its holdings in shares of Alphabet by 2.2% in the third quarter. CWA Asset Management Group LLC now owns 157,143 shares of the information services provider’s stock worth $38,272,000 after purchasing an additional 3,444 shares during the last quarter. American National Bank of Texas purchased a new position in shares of Alphabet in the third quarter worth $900,000. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in Alphabet by 3.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,164,341 shares of the information services provider’s stock valued at $206,542,000 after buying an additional 42,028 shares during the last quarter. Institutional investors own 27.26% of the company’s stock.

Insider Activity

In other news, insider John Kent Walker sold 17,829 shares of the company’s stock in a transaction dated Tuesday, December 30th. The shares were sold at an average price of $314.89, for a total value of $5,614,173.81. Following the sale, the insider directly owned 42,972 shares of the company’s stock, valued at $13,531,453.08. This represents a 29.32% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction dated Wednesday, January 21st. The shares were sold at an average price of $327.30, for a total transaction of $10,637,250.00. Following the transaction, the chief executive officer directly owned 2,211,872 shares of the company’s stock, valued at approximately $723,945,705.60. This trade represents a 1.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 225,075 shares of company stock worth $69,332,637. 12.99% of the stock is currently owned by corporate insiders.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google says it disrupted one of the world’s largest residential proxy networks (IPIDEA), removing domains to protect “millions” of consumer devices — a security win that reduces abuse risk and is a PR positive for Google’s platform security. Article Title
• Positive Sentiment: Product/AI momentum: Chrome gained AI image-generation and a side-panel assistant; Google is accelerating M&A and deals to strengthen Gemini (media, voice, international) — supports growth and monetization cases for Search and Cloud. Article Title Article Title
• Positive Sentiment: Analyst & fund flows: KeyBanc raised its price target (to $360) citing AI and Cloud momentum; several fund 13F updates show net additions to GOOGL/GOOG positions (e.g., Migdal, Badgley Phelps). These signals help justify higher valuation expectations. Article Title Article Title
• Neutral Sentiment: Mixed fund flows: some large managers trimmed GOOGL positions (B. Metzler, Boston Trust Walden) while others added — underscores uneven institutional positioning into earnings. Article Title Article Title
• Neutral Sentiment: Short-interest reports in the feed are clearly erroneous (showing 0 shares/NaN); ignore as a signal — liquidity/volatility context remains normal heading into earnings.
• Negative Sentiment: UK regulator proposed rules forcing Google to give publishers more control (opt-outs for AI summaries, citation/compensation measures) — could reduce content available for Google’s AI features and complicate product economics. Article Title
• Negative Sentiment: EU/competition pressure: regulators are forcing data/access remedies (Digital Markets Act guidance, six‑month deadlines to open Android) that could limit Google’s control over Android and Search distribution—a potential long-term revenue/margin headwind. Article Title
• Negative Sentiment: Legal cost: Google agreed to pay $135M to settle a lawsuit over handling of cellular data and must change Play terms / Android setup screens — a modest one‑time cost but signals continuing regulatory/legal friction. Article Title

Wall Street Analyst Weigh In

A number of brokerages have issued reports on GOOG. Raymond James Financial raised shares of Alphabet from an “outperform” rating to a “strong-buy” rating and raised their price target for the stock from $315.00 to $400.00 in a report on Thursday, January 22nd. Bank of America increased their target price on shares of Alphabet from $280.00 to $335.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. Phillip Securities upgraded Alphabet from a “moderate buy” rating to a “strong-buy” rating in a report on Friday, November 7th. Barclays upped their price target on Alphabet from $250.00 to $315.00 and gave the company an “overweight” rating in a research report on Thursday, October 30th. Finally, KeyCorp reiterated an “overweight” rating and issued a $360.00 price objective on shares of Alphabet in a research report on Monday. Eight analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $327.13.

Alphabet Stock Performance

Alphabet stock opened at $336.28 on Thursday. Alphabet Inc. has a fifty-two week low of $142.66 and a fifty-two week high of $341.20. The stock’s 50 day simple moving average is $319.16 and its two-hundred day simple moving average is $264.06. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.75 and a current ratio of 1.75. The stock has a market cap of $4.06 trillion, a price-to-earnings ratio of 33.16, a PEG ratio of 1.85 and a beta of 1.09.

Alphabet (NASDAQ:GOOG) last released its earnings results on Thursday, October 30th. The information services provider reported $2.87 EPS for the quarter, beating analysts’ consensus estimates of $2.29 by $0.58. Alphabet had a return on equity of 35.00% and a net margin of 32.23%.The company had revenue of $102.35 billion during the quarter, compared to analysts’ expectations of $99.90 billion. During the same quarter last year, the business posted $2.12 EPS. The firm’s revenue for the quarter was up 15.9% compared to the same quarter last year. As a group, analysts expect that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 8th were given a dividend of $0.21 per share. The ex-dividend date of this dividend was Monday, December 8th. This represents a $0.84 annualized dividend and a yield of 0.2%. Alphabet’s dividend payout ratio (DPR) is currently 8.28%.

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.