Callahan Advisors LLC Sells 2,023 Shares of Alphabet Inc. $GOOGL

Callahan Advisors LLC cut its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 6.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 29,494 shares of the information services provider’s stock after selling 2,023 shares during the quarter. Callahan Advisors LLC’s holdings in Alphabet were worth $7,170,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its position in shares of Alphabet by 3.9% during the fourth quarter. Brighton Jones LLC now owns 110,330 shares of the information services provider’s stock valued at $20,886,000 after acquiring an additional 4,110 shares during the last quarter. Revolve Wealth Partners LLC grew its stake in Alphabet by 3.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 14,930 shares of the information services provider’s stock valued at $2,826,000 after purchasing an additional 506 shares during the period. Signature Wealth Management Partners LLC increased its position in shares of Alphabet by 4.2% during the 2nd quarter. Signature Wealth Management Partners LLC now owns 11,530 shares of the information services provider’s stock valued at $2,032,000 after purchasing an additional 464 shares during the last quarter. Penobscot Investment Management Company Inc. raised its stake in shares of Alphabet by 2.4% during the 2nd quarter. Penobscot Investment Management Company Inc. now owns 146,754 shares of the information services provider’s stock worth $25,862,000 after purchasing an additional 3,466 shares during the period. Finally, McNaughton Wealth Management LLC raised its stake in shares of Alphabet by 6.8% during the 2nd quarter. McNaughton Wealth Management LLC now owns 8,323 shares of the information services provider’s stock worth $1,467,000 after purchasing an additional 529 shares during the period. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Insider Activity at Alphabet

In related news, CEO Sundar Pichai sold 32,500 shares of the firm’s stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $335.18, for a total transaction of $10,893,350.00. Following the transaction, the chief executive officer directly owned 2,179,372 shares in the company, valued at $730,481,906.96. This trade represents a 1.47% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Frances Arnold sold 102 shares of the stock in a transaction dated Thursday, January 29th. The stock was sold at an average price of $340.00, for a total transaction of $34,680.00. Following the sale, the director owned 18,307 shares of the company’s stock, valued at approximately $6,224,380. This represents a 0.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 2,067,686 shares of company stock worth $105,352,291 over the last three months. Corporate insiders own 11.55% of the company’s stock.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Launched large U.S. investment‑grade bond program (~$15B) including very long‑dated tranches (reports of 50‑ and 100‑year paper), giving Alphabet cheap, long‑term funding to accelerate AI data‑center buildout and signaling strong credit demand. Alphabet’s debt raise fuels forecasts for record year in corporate bond sales
• Positive Sentiment: Waymo (Alphabet unit) expanded operations, going fully autonomous in Nashville — a tangible commercialization milestone that supports the long‑term growth story beyond advertising. Waymo goes fully autonomous in Nashville
• Positive Sentiment: Signed long‑term renewables deals: TotalEnergies will supply ~1 GW of solar to Google’s Texas data centers, supporting sustainability goals and predictable power costs for AI compute workloads. TotalEnergies to provide solar power to Google’s Texas data centres
• Positive Sentiment: Analyst support remains constructive — JPMorgan reaffirmed a buy rating and several outlets report raised price targets, which can bolster investor confidence after last week’s volatility. MarketScreener: JPMorgan maintains a buy rating
• Neutral Sentiment: Macro/sector context — Big Tech had a sharp pullback last week (>$1T erased), leaving stocks treading water; Alphabet’s debt move and analyst notes are being read against that volatile backdrop. Big Tech stocks are treading water after $1 trillion sell-off week
• Negative Sentiment: Alphabet added new AI‑related risk language to its filings, flagging potential impacts on ad revenue and risks from large, long‑duration commercial AI contracts — a reminder investors may face execution and revenue‑mix risks as the company scales AI offerings. Alphabet calls out new AI-related risks, as it taps debt market to fund buildout
• Negative Sentiment: Autodesk sued Google alleging trademark infringement over AI video tools (the “Flow” name), adding legal uncertainty around some AI product branding and potential litigation costs. Google sued by Autodesk over AI-powered movie-making software
• Negative Sentiment: Insider sale: reports show the CEO sold roughly $10.9M of stock, which can be interpreted by some investors as a mild negative signal even if occasional executive sales are routine. Insider Selling: Alphabet CEO Sells Stock

Alphabet Trading Up 0.5%

Alphabet stock opened at $324.32 on Tuesday. The stock has a market cap of $3.91 trillion, a P/E ratio of 30.00, a PEG ratio of 1.78 and a beta of 1.09. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. The firm’s fifty day moving average price is $321.80 and its 200-day moving average price is $272.22. Alphabet Inc. has a fifty-two week low of $140.53 and a fifty-two week high of $349.00.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.57 by $0.25. The firm had revenue of $113.83 billion during the quarter, compared to the consensus estimate of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%. Equities research analysts forecast that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 9th will be paid a $0.21 dividend. The ex-dividend date of this dividend is Monday, March 9th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet’s dividend payout ratio is 7.77%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on GOOGL shares. HSBC increased their price target on shares of Alphabet from $335.00 to $370.00 and gave the company a “buy” rating in a research report on Tuesday, December 2nd. UBS Group set a $348.00 target price on shares of Alphabet and gave the company a “neutral” rating in a research report on Thursday. New Street Research lifted their price target on shares of Alphabet from $275.00 to $295.00 in a report on Friday, October 24th. Robert W. Baird increased their price objective on Alphabet from $310.00 to $350.00 and gave the company an “outperform” rating in a report on Tuesday, January 20th. Finally, Canaccord Genuity Group set a $415.00 target price on Alphabet in a research report on Thursday. Three investment analysts have rated the stock with a Strong Buy rating, forty-three have assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, Alphabet currently has an average rating of “Moderate Buy” and a consensus target price of $357.46.

Alphabet Company Profile

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.