Alphabet Inc. $GOOG Shares Sold by Arrow Capital Management LLC

Arrow Capital Management LLC trimmed its holdings in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 6.5% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 91,579 shares of the information services provider's stock after selling 6,398 shares during the quarter. Alphabet accounts for 18.2% of Arrow Capital Management LLC's portfolio, making the stock its largest holding. Arrow Capital Management LLC's holdings in Alphabet were worth $26,270,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Providence Wealth Advisors LLC grew its position in Alphabet by 0.3% in the 1st quarter. Providence Wealth Advisors LLC now owns 10,508 shares of the information services provider's stock worth $3,094,000 after purchasing an additional 29 shares during the last quarter. One Charles Private Wealth Services LLC raised its position in shares of Alphabet by 0.6% during the first quarter. One Charles Private Wealth Services LLC now owns 4,844 shares of the information services provider's stock valued at $1,390,000 after buying an additional 29 shares during the last quarter. Ring Mountain Capital LLC raised its position in shares of Alphabet by 0.9% during the fourth quarter. Ring Mountain Capital LLC now owns 3,554 shares of the information services provider's stock valued at $1,174,000 after buying an additional 30 shares during the last quarter. Cannon Financial Strategists Inc. lifted its stake in shares of Alphabet by 1.9% in the fourth quarter. Cannon Financial Strategists Inc. now owns 1,589 shares of the information services provider's stock valued at $499,000 after buying an additional 30 shares during the period. Finally, Financial Enhancement Group LLC lifted its stake in shares of Alphabet by 2.3% in the first quarter. Financial Enhancement Group LLC now owns 1,323 shares of the information services provider's stock valued at $380,000 after buying an additional 30 shares during the period. Institutional investors own 27.26% of the company's stock.

Insider Transactions at Alphabet

In other Alphabet news, CAO Marsida Saraci sold 449 shares of Alphabet stock in a transaction on Friday, June 26th. The stock was sold at an average price of $341.72, for a total transaction of $153,432.28. Following the completion of the transaction, the chief accounting officer directly owned 27,348 shares of the company's stock, valued at approximately $9,345,358.56. This trade represents a 1.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John L. Hennessy sold 1,050 shares of the business's stock in a transaction on Monday, June 15th. The shares were sold at an average price of $368.63, for a total transaction of $387,061.50. Following the completion of the sale, the director owned 1,481 shares in the company, valued at $545,941.03. This represents a 41.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 159,415 shares of company stock valued at $7,672,279. 12.99% of the stock is owned by insiders.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet posted a strong Q2 beat, with revenue and EPS coming in ahead of expectations, while Google Cloud revenue surged 82% and cloud margins improved sharply.
• Positive Sentiment: AI and product demand remain strong, with management saying AI usage is rising across Search, Cloud, and Gemini, supporting the long-term growth story.
• Positive Sentiment: Several analysts reiterated bullish views or raised targets, and multiple commentary pieces argued the stock looks attractive after the pullback.
• Positive Sentiment: Verizon signed a deal worth more than $1 billion with Google for dark fiber connectivity, adding another sign of infrastructure demand tied to Alphabet’s data-center buildout. Article Title
• Neutral Sentiment: Waymo is reportedly considering ending its Uber partnership, which could affect how quickly Alphabet’s robotaxi business scales, but the direct financial impact is still unclear. Article Title
• Neutral Sentiment: Alphabet also disclosed a large SpaceX stake and saw some institutional holders trim positions, but these items are secondary to the main debate over AI spending and cash flow.
• Negative Sentiment: Investors were unnerved by Alphabet’s higher CapEx guidance and negative free cash flow, which raised concerns that AI spending may be outpacing near-term returns.
• Negative Sentiment: Alphabet was also hit by an EU antitrust fine of about $1 billion, adding another regulatory overhang. Article Title
• Negative Sentiment: Moody’s warned that the industry-wide AI buildout could threaten credit quality at Alphabet and other hyperscalers, reinforcing concerns about balance-sheet strain from heavy infrastructure investment. Article Title

Alphabet Price Performance

Shares of GOOG opened at $319.09 on Monday. The stock has a market cap of $3.87 trillion, a price-to-earnings ratio of 16.03, a P/E/G ratio of 1.08 and a beta of 1.23. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a 12 month low of $188.70 and a 12 month high of $404.47. The company has a 50-day moving average price of $360.63 and a two-hundred day moving average price of $337.53.

Alphabet (NASDAQ:GOOG - Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share 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 company had revenue of $119.80 billion for the quarter, compared to the consensus estimate of $116.53 billion. During the same period in the previous year, the business earned $2.31 earnings per share. The company's quarterly revenue was up 24.2% on a year-over-year basis. Equities analysts predict that Alphabet Inc. will post 17.25 EPS for the current fiscal year.

Alphabet Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 14th. Shareholders of record on Monday, September 7th will be given 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 4.42%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on GOOG shares. Raymond James Financial restated a "strong-buy" rating on shares of Alphabet in a research note on Thursday. Wells Fargo & Company reduced their price objective on Alphabet from $418.00 to $411.00 and set an "overweight" rating for the company in a research report on Thursday. Royal Bank Of Canada reissued a "buy" rating and set a $475.00 price objective on shares of Alphabet in a report on Thursday. JPMorgan Chase & Co. lowered their price objective on Alphabet from $460.00 to $420.00 and set an "overweight" rating on the stock in a research report on Thursday. Finally, Pivotal Research upped their target price on Alphabet from $470.00 to $475.00 and gave the company a "buy" rating in a research note on Thursday. Six research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, Alphabet currently has an average rating of "Buy" and an average target price of $410.09.

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.

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