415,349 Alphabet Inc. $GOOG Shares Sold by Curated Wealth Partners LLC

Key Points

• Curated Wealth Partners cut its Alphabet position by 95.5%, selling 415,349 shares and retaining 19,616 shares worth approximately $6.684 million. Alphabet now represents about 0.6% of the firm’s portfolio.
• Other major institutions, including BlackRock, State Street and Arrowstreet Capital, increased their Alphabet holdings; institutional investors collectively own 27.26% of the company.
• Alphabet reported strong quarterly results, with $9.11 in EPS and $119.8 billion in revenue, both above analyst estimates. Analysts maintain a consensus “Buy” rating with an average price target of $422.10, while the company pays a quarterly dividend of $0.22 per share.

Curated Wealth Partners LLC trimmed its holdings in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 95.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,616 shares of the information services provider's stock after selling 415,349 shares during the quarter. Alphabet makes up approximately 0.6% of Curated Wealth Partners LLC's investment portfolio, making the stock its 21st largest position. Curated Wealth Partners LLC's holdings in Alphabet were worth $6,684,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Readystate Asset Management LP acquired a new position in Alphabet during the second quarter worth $45,352,000. Auto Owners Insurance Co lifted its holdings in Alphabet by 38,409.2% during the fourth quarter. Auto Owners Insurance Co now owns 179,836,276 shares of the information services provider's stock valued at $5,643,262,000 after purchasing an additional 179,369,280 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in Alphabet by 76.1% during the first quarter. Arrowstreet Capital Limited Partnership now owns 14,581,870 shares of the information services provider's stock valued at $4,182,952,000 after purchasing an additional 6,300,900 shares in the last quarter. State Street Corp lifted its holdings in Alphabet by 2.8% during the second quarter. State Street Corp now owns 190,923,442 shares of the information services provider's stock valued at $67,458,980,000 after purchasing an additional 5,208,690 shares in the last quarter. Finally, BlackRock Inc. grew its position in shares of Alphabet by 1.4% in the second quarter. BlackRock Inc. now owns 369,922,502 shares of the information services provider's stock valued at $130,704,718,000 after purchasing an additional 5,164,200 shares during the period. Hedge funds and other institutional investors own 27.26% of the company's stock.

Alphabet Trading Up 0.4%

Shares of Alphabet stock opened at $344.91 on Friday. The stock has a market cap of $4.22 trillion, a P/E ratio of 17.32, a P/E/G ratio of 1.00 and a beta of 1.19. The stock's 50 day simple moving average is $341.41 and its 200-day simple moving average is $348.88. Alphabet Inc. has a 1-year low of $244.67 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 Thursday, July 23rd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.87 by $6.24. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. The business had revenue of $119.80 billion during the quarter, compared to analyst estimates of $116.53 billion. During the same period in the prior year, the business earned $2.31 earnings per share. The business's revenue was up 24.2% compared to the same quarter last year. Analysts predict that Alphabet Inc. will post 20.54 EPS for the current fiscal year.

Alphabet Announces Dividend

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

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: JPMorgan raised its price target to $425 from $420 and maintained an Overweight rating. The firm cited sustained Google Cloud growth and Alphabet’s ability to remain competitive in artificial intelligence. Alphabet Stocks Rise as JPMorgan Lifts Target on Cloud Growth
• Positive Sentiment: Alphabet continues to generate positive AI momentum. Gemini 4 Argon reportedly scored highly on accounting and enterprise benchmarks, while Google demonstrated a quantum-computing technique that could reduce errors significantly. These developments support the company’s positioning against OpenAI, Anthropic and other rivals. Gemini 4 Argon Accounting Benchmark
• Positive Sentiment: New commercial initiatives—including Google’s Universal Cart shopping tool, a multiyear AI partnership with CNN and potential YouTube audiobook offerings—could broaden monetization across Search, Gemini and YouTube. Google Universal Cart Launch
• Neutral Sentiment: Investors are looking ahead to Alphabet’s upcoming earnings, with analysts generally bullish on AI and cloud growth. However, the company’s substantial data-center and AI infrastructure spending raises questions about near-term free cash flow and returns on capital. Alphabet Q3 Preview
• Negative Sentiment: Multiple law firms are promoting a securities class action alleging that Alphabet failed to disclose disappointing Gemini training results. The repeated notices and December lead-plaintiff deadline create a reputational and potential litigation overhang, although they do not represent new operating results. Alphabet Securities Fraud Lawsuit
• Negative Sentiment: Google warned that suspected China-linked hackers may exploit a vulnerability in BeyondTrust software, adding cybersecurity and trust concerns. Separately, renewed fears over stretched AI valuations and competition for digital advertising could limit further gains. Google Warns of BeyondTrust Exploitation Risk

Insider Buying and Selling at Alphabet

In other news, CAO Marsida Saraci sold 449 shares of Alphabet stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total transaction of $149,606.80. Following the transaction, the chief accounting officer owned 27,386 shares in the company, valued at $9,125,015.20. The trade was a 1.61% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of Alphabet stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $18.90, for a total value of $2,232,808.20. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 420,865 shares of company stock worth $8,293,477 in the last three months. 12.99% of the stock is owned by corporate insiders.

Analyst Ratings Changes

GOOG has been the subject of a number of research reports. BMO Capital Markets boosted their target price on shares of Alphabet from $455.00 to $465.00 and gave the stock an "outperform" rating in a research note on Thursday, July 23rd. Canaccord Genuity Group set a $450.00 price target on shares of Alphabet in a research report on Thursday, July 23rd. Oppenheimer reaffirmed an "outperform" rating and issued a $400.00 price target (down from $445.00) on shares of Alphabet in a research note on Thursday, July 23rd. Citic Securities raised their price target on shares of Alphabet from $430.00 to $434.00 and gave the company a "buy" rating in a research note on Monday, July 27th. Finally, UBS Group reiterated a "neutral" rating and issued a $380.00 price objective (up from $379.00) on shares of Alphabet in a report on Wednesday. Six investment analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $422.10.

Alphabet Profile

Alphabet Inc is a technology holding company best known as the parent company of Google. Established in 2015 through a corporate restructuring, Alphabet oversees Google and a collection of businesses focused on technology, innovation and emerging industries. Sundar Pichai serves as Alphabet's chief executive officer and also leads Google.

Google is Alphabet's primary business and operates an internet ecosystem that includes Google Search, online advertising, YouTube, Android, Chrome, Google Maps, Google Play and Google Photos.

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