Alphabet Inc. $GOOG Shares Sold by Montag A & Associates Inc.

Key Points

• Montag A & Associates reduced its Alphabet position by 2.8% in the second quarter, selling 5,526 shares and retaining 194,446 shares worth approximately $68.7 million. Alphabet remains the firm’s sixth-largest holding and represents 2.9% of its portfolio.
• Alphabet reported strong quarterly results, with revenue up 24.2% year over year to $119.8 billion and earnings of $9.11 per share, well above consensus estimates. Google Cloud growth and expanding AI initiatives remain key drivers of investor optimism.
• Wall Street maintains a broadly positive view, with Alphabet carrying a consensus “Buy” rating and an average price target of $415.55. However, the company faces rising AI infrastructure costs, additional borrowing, and uncertainty around the timing of its next flagship Gemini release.

Montag A & Associates Inc. reduced its position in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 2.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 194,446 shares of the information services provider's stock after selling 5,526 shares during the quarter. Alphabet makes up 2.9% of Montag A & Associates Inc.'s portfolio, making the stock its 6th largest holding. Montag A & Associates Inc.'s holdings in Alphabet were worth $68,704,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Imprint Wealth LLC bought a new position in shares of Alphabet during the 3rd quarter worth about $31,000. Nvest Wealth Strategies Inc. acquired a new stake in shares of Alphabet during the 4th quarter valued at about $38,000. Lifetime Wealth Management P.C. bought a new stake in Alphabet in the fourth quarter valued at about $38,000. Bard Associates Inc. bought a new stake in Alphabet in the fourth quarter valued at about $41,000. Finally, Towne Trust Company N.A raised its position in Alphabet by 34.0% in the fourth 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 in the last quarter. Institutional investors and hedge funds own 27.26% of the company's stock.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: AI chip partnership expands: Marvell issued Alphabet a warrant to purchase up to 58.97 million shares, potentially representing roughly 6.7% of Marvell and valued at approximately $12.2 billion at the exercise price. The agreement deepens cooperation on custom chips supporting Google’s TPU ecosystem, strengthening Alphabet’s control over AI infrastructure and supply. Marvell Google AI chip deal
• Positive Sentiment: Waymo reaches a key commercialization milestone: Alphabet’s autonomous-vehicle unit opened its cheaper, next-generation robotaxi to all riders in Los Angeles, Phoenix, and San Francisco. Lower production and operating costs could improve Waymo’s path toward broader scale and eventual profitability. Waymo next-generation robotaxi expansion
• Positive Sentiment: Cloud momentum remains a major support: Google Cloud revenue reportedly rose 82% year over year to $24.8 billion in the latest quarter, outpacing Microsoft Azure and Amazon Web Services. The acceleration provides tangible evidence that AI demand is translating into revenue growth. Google Cloud growth comparison
• Positive Sentiment: Institutional endorsement: Berkshire Hathaway increased its Alphabet position by 45% during the second quarter, making it one of Berkshire’s largest holdings. The move may reinforce the view that Alphabet’s advertising, cloud, and AI businesses are undervalued relative to their growth prospects. Berkshire Alphabet investment
• Neutral Sentiment: Google introduced new AI-powered study tools across Search and Gemini, including interactive visuals, simulations, practice quizzes, and a student hub. The launches support product engagement and AI monetization, although near-term financial impact is unclear. Google AI study tools
• Negative Sentiment: AI spending is increasing leverage: Alphabet raised A$5.5 billion, or about $3.9 billion, in its first Australian-dollar bond sale as it funds an aggressive AI infrastructure buildout. Additional borrowing preserves cash flexibility but increases interest obligations and highlights investor concerns about whether AI returns will justify capital spending. Alphabet Australian bond sale
• Negative Sentiment: Gemini timing remains uncertain: Prediction-market traders see limited odds of Google releasing its delayed flagship Gemini Pro model before September, raising concerns about product execution and competitive pressure in generative AI. Gemini Pro release delay
• Negative Sentiment: A bankruptcy-court hearing on Google’s proposed $10 million purchase of Spirit Airlines’ internal business data was delayed until September 9 after a flight-attendants’ union objected over confidential information. The financial impact is small, but the dispute creates legal and reputational risk around AI training data. Spirit Airlines data sale court delay

Alphabet Stock Performance

NASDAQ:GOOG opened at $341.70 on Thursday. The stock has a market capitalization of $4.18 trillion, a P/E ratio of 17.16, a price-to-earnings-growth ratio of 0.96 and a beta of 1.23. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a 1 year low of $197.46 and a 1 year high of $404.47. The firm has a 50 day moving average of $351.04 and a 200-day moving average of $339.72.

Alphabet (NASDAQ:GOOG - Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The information services provider reported $9.11 EPS for the quarter, topping 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 for the quarter, compared to analyst estimates of $116.53 billion. During the same period in the prior year, the company earned $2.31 EPS. Alphabet's revenue for the quarter was up 24.2% on a year-over-year basis. As a group, sell-side analysts anticipate that Alphabet Inc. will post 20.51 EPS for the current fiscal year.

Alphabet Dividend Announcement

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

Insiders Place Their Bets

In related news, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the firm's stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $18.90, for a total value of $2,232,808.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider John Kent Walker sold 8,998 shares of the business's stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $349.29, for a total transaction of $3,142,911.42. Following the completion of the transaction, the insider owned 75,290 shares of the company's stock, valued at $26,298,044.10. This trade represents a 10.68% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 451,945 shares of company stock worth $12,382,714 over the last ninety days. Company insiders own 12.99% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on GOOG. Oppenheimer reaffirmed an "outperform" rating and set a $400.00 price objective (down from $445.00) on shares of Alphabet in a report on Thursday, July 23rd. Freedom Capital raised Alphabet from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 23rd. Zacks Research downgraded Alphabet from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, August 5th. Canaccord Genuity Group set a $450.00 price target on Alphabet in a research note on Thursday, July 23rd. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of Alphabet in a research report on Friday, July 17th. Six investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus price target of $415.55.

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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