Alphabet Inc. $GOOG Shares Newly Acquired by First Nebraska Trust Co

Key Points

• First Nebraska Trust Co. acquired 13,680 Alphabet shares in the third quarter, valued at approximately $4.66 million. Institutional investors and hedge funds collectively own 27.26% of the company’s stock.
• Alphabet’s latest quarterly results fell short of analyst expectations: EPS was $2.12 versus a $3.01 consensus, and revenue was $127.58 billion versus $127.97 billion expected, despite year-over-year revenue growth of 24.7%.
• Analysts have a “Moderate Buy” consensus rating and an average price target of $413.38; shares opened at $281.74, down 1.9% in the reported session.

First Nebraska Trust Co acquired a new stake in Alphabet Inc. (NASDAQ:GOOG - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 13,680 shares of the information services provider's stock, valued at approximately $4,661,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of GOOG. Morton Brown Family Wealth LLC grew its position 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 worth $25,000 after acquiring an additional 42 shares in the last quarter. Castlekeep Investment Advisors LLC acquired a new stake in shares of Alphabet during the 2nd quarter valued at approximately $29,000. Livelsberger Financial Advisory acquired a new stake in shares of Alphabet during the 3rd quarter valued at approximately $37,000. Timbuktu Capital Management LLC acquired a new stake in shares of Alphabet during the 2nd quarter valued at approximately $46,000. Finally, Robinswood Financial LLC bought a new position in Alphabet during the first quarter worth $57,000. Institutional investors and hedge funds own 27.26% of the company's stock.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google is backing financing for TeraWulf’s data-center project tied to Anthropic’s long-term leases. The support could help secure infrastructure for AI demand, though it also exposes Google to a contingent commitment if Anthropic defaults. Article: Google's Credit Backstop May Be TeraWulf's Biggest Advantage
• Positive Sentiment: Waymo plans to expand its robotaxi fleet in Nashville by year-end, offering a potential growth signal for Alphabet’s autonomous-driving business. Article: Lyft to expand Waymo robotaxi fleet in Nashville by year-end
• Negative Sentiment: Google, Meta and TikTok sued California’s attorney general to block a law restricting features deemed addictive for under-16 users. The dispute adds regulatory uncertainty and scrutiny of Google’s services for young people. Article: Meta, Google, and TikTok sue California AG over teen social media law
• Negative Sentiment: Parents have sued Google, alleging a student used an AI chat on a school Chromebook while planning a suicide attempt. The claim is unproven, but it could heighten concerns about AI safety, liability and reputational risk. Article: Google faces claims student used AI chat on US school laptop to plan suicide attempt
• Negative Sentiment: Several law firms publicized a securities class action concerning investors who bought Alphabet shares from May 19 to July 16, alleging misleading statements about Gemini 3.5 Pro’s launch timing. The allegations have not been proven, but add legal overhang. Article: Rosen Law Firm investor notice

Insider Activity at Alphabet

In related news, Director Frances Arnold sold 83 shares of the stock in a transaction dated 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 owned 19,076 shares of the company's stock, valued at $6,494,424.20. This trade represents a 0.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold a total of 247 shares of company stock worth $79,238 in the last three months. 12.99% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. JPMorgan Chase & Co. decreased their price objective on shares of Alphabet from $425.00 to $375.00 and set an "overweight" rating for the company in a report on Thursday, October 29th. Citic Securities increased their target price on shares of Alphabet from $430.00 to $434.00 and gave the stock a "buy" rating in a report on Monday, July 27th. Raymond James Financial reissued a "strong-buy" rating and set a $350.00 target price on shares of Alphabet in a report on Thursday, October 29th. Rosenblatt Securities assumed coverage on shares of Alphabet in a research report on Thursday, August 20th. They issued a "buy" rating on the stock. Finally, Canaccord Genuity Group set a $450.00 price target on shares of Alphabet in a report on Thursday, July 23rd. Six investment 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 given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $413.38.

Alphabet Trading Down 1.9%

NASDAQ:GOOG opened at $281.74 on Friday. Alphabet Inc. has a 12-month low of $271.41 and a 12-month high of $404.47. The firm has a market capitalization of $3.45 trillion, a P/E ratio of 14.70, a P/E/G ratio of 0.87 and a beta of 1.21. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.79 and a quick ratio of 2.69. The business has a 50 day simple moving average of $330.86 and a 200 day simple moving average of $337.20.

Alphabet (NASDAQ:GOOG - Get Free Report) last issued its earnings results on Thursday, October 29th. The information services provider reported $2.12 earnings per share for the quarter, missing the consensus estimate of $3.01 by ($0.89). The company had revenue of $127.58 billion during the quarter, compared to analyst estimates of $127.97 billion. Alphabet had a return on equity of 43.33% and a net margin of 50.03%. Alphabet's quarterly revenue was up 24.7% on a year-over-year basis. During the same period in the prior year, the business earned $2.87 earnings per share. Equities research analysts predict that Alphabet Inc. will post 19.80 EPS for the current year.

Alphabet Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 14th. Stockholders 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 annualized dividend and a dividend yield of 0.3%. Alphabet's dividend payout ratio is currently 4.59%.

Alphabet Company Profile

Alphabet Inc is a technology holding company best known as the parent organization of Google. Founded in 2015 through a corporate restructuring, Alphabet oversees Google and a collection of businesses focused on technology, online services, communications, artificial intelligence, and other emerging areas.

Google's principal products and services include its internet search engine, digital advertising platforms, YouTube, Android, Chrome, Google Maps, Google Play, and Google Workspace. The company also provides cloud computing, data storage, cybersecurity, productivity, and artificial intelligence services through Google Cloud.

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