Alphabet Inc. $GOOG Position Increased by Moore Capital Management LP

Key Points

• Moore Capital Management increased its Alphabet position by 130.3% in the second quarter, ending with 35,022 shares valued at approximately $12.4 million. Hedge funds and other institutional investors own 27.26% of Alphabet.
• Alphabet reported strong quarterly results, with $9.11 in earnings per share and $119.8 billion in revenue, up 24.2% year over year. Analysts maintain a consensus “Buy” rating and an average price target of $415.55, compared with a recent share price of $339.08.
• The company declared a quarterly dividend of $0.22 per share, while insiders sold approximately $12.4 million of stock during the latest quarter. Alphabet also faces antitrust, legal and AI-spending risks despite continued optimism around its AI and cloud businesses.

Moore Capital Management LP grew its position in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 130.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 35,022 shares of the information services provider's stock after buying an additional 19,818 shares during the quarter. Moore Capital Management LP's holdings in Alphabet were worth $12,374,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Auto Owners Insurance Co boosted its stake in Alphabet by 38,409.2% in the 4th quarter. Auto Owners Insurance Co now owns 179,836,276 shares of the information services provider's stock worth $5,643,262,000 after purchasing an additional 179,369,280 shares during the period. J. Stern & Co. LLP raised its stake in Alphabet by 28,482.8% during the 4th quarter. J. Stern & Co. LLP now owns 112,091,870 shares of the information services provider's stock valued at $35,174,429,000 after purchasing an additional 111,699,704 shares during the period. Norges Bank acquired a new stake in Alphabet during the 4th quarter valued at $18,093,665,000. Cardano Risk Management B.V. lifted its holdings in shares of Alphabet by 850.3% in the fourth quarter. Cardano Risk Management B.V. now owns 17,692,600 shares of the information services provider's stock valued at $5,551,938,000 after purchasing an additional 15,830,754 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Alphabet by 8.6% in the third quarter. JPMorgan Chase & Co. now owns 99,529,742 shares of the information services provider's stock valued at $24,240,469,000 after purchasing an additional 7,904,434 shares in the last quarter. 27.26% of the stock is owned by hedge funds and other institutional investors.

Alphabet Price Performance

Shares of NASDAQ:GOOG opened at $339.08 on Friday. The firm has a market cap of $4.15 trillion, a price-to-earnings ratio of 17.03, a P/E/G ratio of 0.97 and a beta of 1.21. Alphabet Inc. has a 1 year low of $226.76 and a 1 year high of $404.47. 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 business has a fifty day simple moving average of $346.95 and a 200 day simple moving average of $340.75.

Alphabet (NASDAQ:GOOG - Get Free Report) last issued its earnings results on Thursday, July 23rd. The information services provider reported $9.11 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 firm had revenue of $119.80 billion for the quarter, compared to the consensus estimate of $116.53 billion. During the same quarter in the previous year, the company posted $2.31 earnings per share. The business's quarterly revenue was up 24.2% compared to the same quarter last year. As a group, sell-side analysts predict that Alphabet Inc. will post 20.5 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, September 14th. Investors of record on Monday, September 7th will be paid a $0.22 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. Alphabet's payout ratio is presently 4.42%.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on GOOG. Canaccord Genuity Group set a $450.00 price target on Alphabet in a report on Thursday, July 23rd. Citigroup reissued a "market outperform" rating on shares of Alphabet in a research note on Friday, August 14th. Wedbush started coverage on Alphabet in a research report on Thursday, July 16th. They set an "outperform" rating and a $445.00 price objective for the company. Weiss Ratings reiterated a "buy (b)" rating on shares of Alphabet in a report on Friday, July 17th. Finally, Oppenheimer reiterated an "outperform" rating and issued a $400.00 target price (down from $445.00) on shares of Alphabet in a report on Thursday, July 23rd. Six investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, Alphabet currently has an average rating of "Buy" and an average target price of $415.55.

Insider Activity at Alphabet

In other Alphabet news, Director Frances Arnold sold 82 shares of Alphabet stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $337.71, for a total value of $27,692.22. Following the completion of the sale, the director directly owned 18,995 shares in the company, valued at $6,414,801.45. The trade was a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the business's stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $18.90, for a total transaction of $2,232,808.20. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 451,925 shares of company stock valued at $12,371,544. 12.99% of the stock is owned by corporate insiders.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google launched Gemini 3.8 Flash, including versions designed for coding, agentic tasks and cybersecurity. The release reinforces Alphabet’s effort to close performance gaps with OpenAI and Anthropic and supports the investment case for its AI products and cloud platform. Google's Gemini 3.8 Flash is built for agents
• Positive Sentiment: New conversational voice features in Gmail, Docs and Keep give users more ways to interact with Google’s AI ecosystem, potentially improving Gemini adoption and monetization across Workspace. Google launches AI voice features in Gmail, Docs and Keep
• Positive Sentiment: Berkshire Hathaway CEO Greg Abel described Alphabet as a significant AI player after Berkshire increased its stake, providing a high-profile vote of confidence in Google’s AI strategy. Berkshire CEO Abel says Alphabet is a significant AI player
• Positive Sentiment: Alphabet’s AI-related energy initiatives—including a 400-megawatt geothermal agreement with Fervo—highlight efforts to secure power for data-center expansion. Strong recent Cloud growth and revenue momentum further support the bullish narrative. Enhanced geothermal notches another win as Google buys 400 MW from Fervo
• Neutral Sentiment: Google’s WeatherNext 3 model and its collaboration on virtual power plants and clean-energy storage expand Alphabet’s technology and infrastructure partnerships, but the near-term financial impact remains uncertain. Google’s new AI weather model could help energy companies
• Negative Sentiment: Alphabet still faces antitrust-related remedies, a securities-fraud investigation announcement and scrutiny over service outages, while its large AI capital-spending program could pressure free cash flow. Reports that a promised Gemini flagship model remains delayed also raise concerns about product execution. Securities fraud investigation into Alphabet continues

Alphabet Company 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.

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