105,300 Shares in Alphabet Inc. $GOOG Bought by EMC Capital Management

Key Points

• EMC Capital Management purchased 105,300 Alphabet shares worth approximately $36.7 million, making Alphabet its fourth-largest holding and representing about 14.4% of its portfolio.
• Analysts remain broadly positive, with Alphabet carrying a consensus “Buy” rating and an average price target of $415.55. The company also reported quarterly revenue growth of 24.2% and earnings that exceeded estimates.
• Alphabet faces mixed investor signals: insiders sold roughly $12.4 million of stock over the past three months, while heavy AI-related capital spending pressured free cash flow despite optimism about Google Cloud and AI expansion.

EMC Capital Management purchased a new stake in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 105,300 shares of the information services provider's stock, valued at approximately $36,701,000. Alphabet makes up about 14.4% of EMC Capital Management's investment portfolio, making the stock its 4th biggest position.

Several other institutional investors have also bought and sold shares of the business. Castlekeep Investment Advisors LLC purchased a new stake in shares of Alphabet during the 2nd quarter valued at about $29,000. Imprint Wealth LLC bought a new position in shares of Alphabet in the 3rd quarter valued at about $31,000. Lifetime Wealth Management P.C. purchased a new position in Alphabet in the fourth quarter worth about $38,000. Bard Associates Inc. purchased a new position in Alphabet in the fourth quarter worth about $41,000. Finally, Toth Financial Advisory Corp bought a new stake in Alphabet during the second quarter worth approximately $41,000. Institutional investors own 27.26% of the company's stock.

Insider Activity at Alphabet

In related news, Director John Hennessy sold 1,050 shares of the business's stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $368.63, for a total value of $387,061.50. Following the completion of the sale, the director owned 1,481 shares in the company, valued at approximately $545,941.03. The trade was a 41.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Marsida Saraci sold 449 shares of the stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total value of $149,606.80. Following the completion of the transaction, the chief accounting officer directly owned 27,386 shares in the company, valued at approximately $9,125,015.20. This trade represents a 1.61% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 451,925 shares of company stock valued at $12,371,544. 12.99% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. BMO Capital Markets upped their price objective on Alphabet from $455.00 to $465.00 and gave the company an "outperform" rating in a research report on Thursday, July 23rd. Wolfe Research reiterated an "outperform" rating on shares of Alphabet in a report on Thursday, August 27th. Citigroup reissued a "market outperform" rating on shares of Alphabet in a research report on Friday, August 14th. JPMorgan Chase & Co. decreased their price target on Alphabet from $460.00 to $420.00 and set an "overweight" rating on the stock in a report on Thursday, July 23rd. Finally, Roth Capital raised their price target on Alphabet from $435.00 to $440.00 and gave the stock a "buy" rating in a research report on Thursday, July 23rd. Six analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of $415.55.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s AI expansion remains the main bullish catalyst. WeatherNext 3 is being integrated into Search, Maps and Gemini, while new voice-driven Gemini features are rolling out in Gmail, Docs and Keep, creating potential for broader user engagement and monetization. Alphabet Just Gave Search, Maps and Gemini a New AI Advantage
• Positive Sentiment: Analyst optimism is building around Google Cloud, AI services, hardware and long-term earnings growth. Wolfe Research named Alphabet a top pick for 2027, while other coverage highlights strong recent Cloud growth and a median price target well above current trading levels. Alphabet Stock Opinions on Strong Cloud Growth Prospects
• Positive Sentiment: A federal judge declined to force a breakup of Google’s ad-technology business, reducing the most severe regulatory risk, although operational restrictions remain. The decision also supports Alphabet’s ability to retain its existing ad-tech infrastructure. Google Spared From Ad-Business Breakup
• Neutral Sentiment: Alphabet’s clean-energy partnerships, including Google-backed battery storage and geothermal projects, strengthen power availability for data centers but are unlikely to materially affect near-term earnings. Google’s New Energy Project Gives Eos Energy a Key Technology Validation
• Negative Sentiment: Investors remain concerned that Alphabet’s roughly $44.9 billion quarterly capital expenditure pushed free cash flow negative for the first time since its IPO. The spending may support future AI and Cloud returns, but it increases execution risk and weighs on near-term valuation. 3 Stocks Built for Higher Rates
• Negative Sentiment: Stronger-than-expected employment data lifted Treasury yields and reduced expectations for near-term rate cuts, pressuring large technology stocks. Alphabet also faces investor concern over delayed Gemini releases, ongoing ad-tech remedies, and shareholder securities-fraud investigations. Securities Fraud Investigation Into Alphabet

Alphabet Stock Down 1.1%

Shares of GOOG opened at $335.31 on Friday. The firm has a fifty day moving average price of $346.96 and a 200-day moving average price of $340.71. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $4.10 trillion, a P/E ratio of 16.84, a P/E/G ratio of 0.97 and a beta of 1.21. Alphabet Inc. has a 12-month low of $232.38 and a 12-month high of $404.47.

Alphabet (NASDAQ:GOOG - Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The information services provider reported $9.11 EPS for the quarter, topping the consensus estimate of $2.87 by $6.24. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The company had revenue of $119.80 billion for the quarter, compared to the consensus estimate of $116.53 billion. During the same quarter last year, the firm posted $2.31 EPS. The firm's revenue was up 24.2% compared to the same quarter last year. Equities research analysts expect that Alphabet Inc. will post 20.5 earnings per share for the current year.

Alphabet Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 14th. Shareholders of record on Monday, September 7th will be paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Friday, September 4th. Alphabet's dividend payout ratio is currently 4.42%.

About Alphabet

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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