3,347 Alphabet Inc. $GOOGL Shares Sold by OLD Second National Bank of Aurora

Posted by Stanley Muller on Oct 30th, 2026

OLD Second National Bank of Aurora trimmed its position in shares of Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 7.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 40,262 shares of the information services provider’s stock after selling 3,347 shares during the period. Alphabet makes up approximately 2.8% of OLD Second National Bank of Aurora’s holdings, making the stock its 8th largest holding. OLD Second National Bank of Aurora’s holdings in Alphabet were worth $13,853,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Demars Financial Group LLC lifted its position in shares of Alphabet by 8.4% in the 3rd quarter. Demars Financial Group LLC now owns 3,908 shares of the information services provider’s stock worth $1,345,000 after acquiring an additional 303 shares during the period. Mills Wealth Advisors LLC grew its holdings in shares of Alphabet by 20.8% during the 3rd quarter. Mills Wealth Advisors LLC now owns 1,057 shares of the information services provider’s stock worth $364,000 after purchasing an additional 182 shares in the last quarter. Old North State Wealth Management LLC increased its position in shares of Alphabet by 4.0% during the third quarter. Old North State Wealth Management LLC now owns 12,513 shares of the information services provider’s stock valued at $4,318,000 after purchasing an additional 480 shares during the period. Lake Street Private Wealth LLC increased its position in shares of Alphabet by 0.5% during the third quarter. Lake Street Private Wealth LLC now owns 40,455 shares of the information services provider’s stock valued at $13,920,000 after purchasing an additional 209 shares during the period. Finally, Curry Webb Wealth Management LLC raised its stake in shares of Alphabet by 22.6% in the third quarter. Curry Webb Wealth Management LLC now owns 1,904 shares of the information services provider’s stock valued at $655,000 after purchasing an additional 351 shares in the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.

Alphabet Price Performance

NASDAQ:GOOGL opened at $283.82 on Friday. The firm has a market cap of $3.47 trillion, a PE ratio of 14.81, a price-to-earnings-growth ratio of 0.94 and a beta of 1.21. Alphabet Inc. has a 12 month low of $270.70 and a 12 month high of $408.61. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16. The company’s 50-day moving average price is $340.29 and its two-hundred day moving average price is $340.43.

Alphabet (NASDAQ:GOOGL – Get Free Report) last issued its quarterly earnings data on Wednesday, October 28th. The information services provider reported $2.12 earnings per share for the quarter, missing the consensus estimate of $3.02 by ($0.90). The firm had revenue of $127.58 billion for the quarter, compared to the consensus estimate of $127.96 billion. Alphabet had a return on equity of 46.63% and a net margin of 50.03%. On average, equities analysts anticipate that Alphabet Inc. will post 20.60 EPS for the current fiscal year.

Wall Street Analyst Weigh In

GOOGL has been the subject of several research reports. Wall Street Zen cut Alphabet from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Weiss Ratings reissued a “buy (b)” rating on shares of Alphabet in a report on Thursday, October 15th. Susquehanna dropped their price objective on shares of Alphabet from $460.00 to $400.00 and set a “positive” rating for the company in a research note on Thursday. Wells Fargo & Company reaffirmed an “overweight” rating and set a $417.00 price objective (up from $411.00) on shares of Alphabet in a report on Tuesday, October 6th. Finally, Yorkville Ives began coverage on shares of Alphabet in a research report on Monday, October 5th. They set an “outperform” rating and a $400.00 target price on the stock. Five research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $412.82.

Check Out Our Latest Report on Alphabet

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

Positive Sentiment: Google Cloud delivered exceptional growth. Cloud revenue more than doubled year over year to approximately $30.7 billion, while its backlog reached $561 billion. The results indicate strong demand for Alphabet’s AI infrastructure and cloud services. Alphabet’s Cloud Business Just Doubled
Positive Sentiment: Alphabet’s AI ecosystem is gaining commercial traction. OpenAI reportedly plans to use Google’s custom TPU chips, and search query growth reached its strongest year-over-year pace in five years. These developments could support longer-term cloud, chip and AI revenue opportunities.
Positive Sentiment: Some analysts remain constructive despite reducing targets. Guggenheim and Needham reaffirmed “buy” ratings, while RBC, Wedbush, KeyCorp, Susquehanna and Truist retained positive or outperform-equivalent ratings.
Neutral Sentiment: Analyst expectations were reset lower. Multiple firms cut price targets, including RBC to $400, Wedbush to $387 and DA Davidson to $300, although most remained positive or neutral rather than bearish.
Neutral Sentiment: Alphabet faces several securities class-action notices concerning alleged disclosures about the development of its Gemini AI models. The lawsuits and lead-plaintiff deadlines add reputational and legal uncertainty, but their immediate financial impact is unclear.
Negative Sentiment: Alphabet missed Wall Street’s quarterly expectations. Adjusted earnings were $2.12 per share versus roughly $3.02 expected, while revenue of $127.6 billion was slightly below forecasts. Search and other revenue grew 12% but missed estimates for a second consecutive quarter, and YouTube advertising revenue also fell short.
Negative Sentiment: AI spending is pressuring cash generation. Alphabet reported approximately $9.1 billion of negative free cash flow as capital expenditures for data centers and AI capacity exceeded operating cash flow. Investors are questioning whether the spending will generate adequate returns and whether it could constrain buybacks or dividends. Alphabet earnings miss reflects first real sign that AI is taking a bite out of search
Negative Sentiment: AI-powered search appears less profitable than traditional search, raising concerns that AI could disrupt Alphabet’s core advertising engine even as it increases user engagement.
Negative Sentiment: An unrealized loss on Alphabet’s SpaceX investment and an EU antitrust fine further reduced reported earnings, amplifying the quarter’s bottom-line miss.

Insider Activity at Alphabet

In other news, Director Frances Arnold sold 83 shares of the business’s stock in a transaction that occurred on Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total value of $28,257.35. Following the transaction, the director directly owned 19,076 shares of the company’s stock, valued at $6,494,424.20. The trade was a 0.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 11.61% of the stock is owned by insiders.

Alphabet Company Profile

(Free Report)

Alphabet Inc is a technology holding company best known for its Google subsidiary. Google operates a global internet-services business centered on online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a broad range of cloud-based productivity and collaboration tools.

Google Cloud provides infrastructure, data analytics, cybersecurity, artificial intelligence, and enterprise software services to businesses, governments, and other organizations. Alphabet also develops consumer hardware, including Pixel devices and products for connected homes, while investing in emerging businesses through its “Other Bets” segment, including autonomous transportation and life sciences initiatives.

Alphabet was established in 2015 as part of a corporate restructuring that made Google a subsidiary and provided a separate structure for its expanding portfolio of businesses.