3,770 Shares in Alphabet Inc. $GOOG Bought by Orographic Financial Advisors LLC

Key Points

• Orographic Financial Advisors acquired 3,770 Alphabet shares in the first quarter, valued at approximately $1.08 million. Institutional investors own 27.26% of the company.
• Alphabet reported strong quarterly results, with $9.11 in EPS and $119.8 billion in revenue, surpassing estimates and representing 24.2% year-over-year revenue growth.
• Analysts remain broadly bullish, with a consensus “Buy” rating and a $410.09 price target, although insiders sold more than 600,000 shares worth $16.3 million in the latest quarter.

Orographic Financial Advisors LLC acquired a new stake in Alphabet Inc. (NASDAQ:GOOG - Free Report) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 3,770 shares of the information services provider's stock, valued at approximately $1,081,000.

Several other large investors have also recently made changes to their positions in the business. Imprint Wealth LLC purchased a new position in Alphabet in the third quarter valued at about $31,000. Nvest Wealth Strategies Inc. bought a new position in shares of Alphabet during the 4th quarter valued at approximately $38,000. Lifetime Wealth Management P.C. purchased a new stake in shares of Alphabet during the 4th quarter worth approximately $38,000. Bard Associates Inc. purchased a new stake in shares of Alphabet during the 4th quarter worth approximately $41,000. Finally, Towne Trust Company N.A raised its holdings in shares of Alphabet by 34.0% in the 4th quarter. Towne Trust Company N.A now owns 134 shares of the information services provider's stock worth $42,000 after purchasing an additional 34 shares during the period. 27.26% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director John L. Hennessy sold 1,050 shares of the stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $368.63, for a total value of $387,061.50. Following the sale, the director directly owned 1,481 shares of the company's stock, valued at approximately $545,941.03. This represents a 41.49% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the firm's stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $19.46, for a total transaction of $3,832,277.26. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 600,547 shares of company stock worth $16,255,540 in the last quarter. 12.99% of the stock is owned by company insiders.

Alphabet Trading Down 0.6%

Shares of GOOG stock opened at $333.68 on Friday. The stock has a market capitalization of $4.04 trillion, a price-to-earnings ratio of 16.76, a PEG ratio of 0.94 and a beta of 1.23. The company's fifty day simple moving average is $356.27 and its two-hundred day simple moving average is $337.78. Alphabet Inc. has a 1 year low of $188.70 and a 1 year high of $404.47. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64.

Alphabet (NASDAQ:GOOG - Get Free Report) last posted its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, topping analysts' consensus estimates of $2.87 by $6.24. The firm had revenue of $119.80 billion during the quarter, compared to analyst estimates of $116.53 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.The business's revenue for the quarter was up 24.2% on a year-over-year basis. During the same period last year, the company earned $2.31 earnings per share. As a group, analysts anticipate that Alphabet Inc. will post 20.52 earnings per share for the current year.

Alphabet Dividend Announcement

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. The ex-dividend date is Friday, September 4th. This represents a $0.88 annualized dividend and a yield of 0.3%. Alphabet's dividend payout ratio (DPR) is currently 4.42%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the company. Piper Sandler reiterated an "overweight" rating and issued a $395.00 price objective (down from $445.00) on shares of Alphabet in a research note on Thursday, July 23rd. The Goldman Sachs Group reissued a "buy" rating and issued a $450.00 target price on shares of Alphabet in a research report on Thursday, May 21st. Barclays reaffirmed an "overweight" rating and set a $425.00 price target (up from $405.00) on shares of Alphabet in a research report on Thursday, July 23rd. Weiss Ratings reiterated a "buy (b)" rating on shares of Alphabet in a research note on Friday, July 17th. Finally, Roth Capital lifted their price objective on Alphabet from $435.00 to $440.00 and gave the stock a "buy" rating in a report on Thursday, July 23rd. Seven investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus price target of $410.09.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet is expanding its AI capabilities. Google DeepMind introduced Gemini Robotics 2, designed to control the full bodies of humanoid robots, while Google said internal AI tools helped it fix more Chrome security bugs in June than during the previous two years. These developments highlight potential long-term opportunities beyond search and advertising. Gemini Robotics 2
• Positive Sentiment: Analyst support remains favorable. Erste Group raised its FY2026 earnings forecast to $20.50 per share from $14.27, above the roughly $20.15 consensus. Separate reports also cited upgrades and price targets materially above recent trading levels.
• Neutral Sentiment: Google is committing further capital to AI infrastructure. Banks are reportedly discussing up to $15 billion in financing for an Anthropic data center backed by Google, potentially strengthening Google Cloud’s strategic position. However, guarantees for power and lease obligations could increase Alphabet’s financial commitments. Anthropic data center financing
• Negative Sentiment: AI Overviews may be disrupting Google’s referral ecosystem. Reddit’s CEO said AI Overviews have not generated value comparable to the traditional “10 blue links,” while Reddit is receiving less referral traffic. This raises questions about publisher relationships, content supply and the potential effect of AI search on Google’s broader web ecosystem. Reddit CEO comments on AI Overviews
• Negative Sentiment: Microsoft’s stronger market reaction underscored investor concerns. Microsoft’s Azure and Copilot results reinforced its AI leadership, highlighting the competitive challenge to Google Cloud. At the same time, Alphabet insiders and several funds reported share sales, adding to cautious sentiment after the earnings-related pullback.

Alphabet 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.

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.