Alphabet Inc. $GOOG Stock Holdings Lowered by Gateway Wealth Partners LLC

Gateway Wealth Partners LLC cut its holdings in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 49.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,743 shares of the information services provider's stock after selling 12,300 shares during the period. Gateway Wealth Partners LLC's holdings in Alphabet were worth $4,502,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Nvest Wealth Strategies Inc. bought a new position in shares of Alphabet in the fourth quarter valued at $38,000. Lifetime Wealth Management P.C. bought a new stake in shares of Alphabet during the 4th quarter worth $38,000. Imprint Wealth LLC bought a new stake in shares of Alphabet during the 3rd quarter worth $31,000. Bard Associates Inc. acquired a new position in shares of Alphabet in the 4th quarter worth $41,000. Finally, Towne Trust Company N.A grew 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 acquiring an additional 34 shares during the last quarter. 27.26% of the stock is currently owned by institutional investors.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Berkshire Hathaway significantly increased its Alphabet position. Berkshire owned approximately 106 million shares worth $37.9 billion at the end of June after raising its stake by 83% during the second quarter. Alphabet is now Berkshire’s third-largest U.S.-listed equity holding, a notable vote of confidence under CEO Greg Abel. Berkshire Hathaway boosts Alphabet to a top three holding
• Positive Sentiment: Digital advertising estimates improved. July advertiser spending exceeded consensus expectations, supporting the outlook for Alphabet’s core advertising business. Alphabet also launched Gemini 3.7 Flash for coding and automated business workflows, potentially expanding monetization opportunities in enterprise AI. Internet stock advertising estimate revisions
• Positive Sentiment: Alphabet’s SpaceX investment has become a major unrealized asset. The company disclosed that its roughly $900 million investment in SpaceX is now worth about $94 billion, highlighting the value of Alphabet’s venture portfolio, although the gain does not directly represent operating revenue or cash flow. Alphabet’s SpaceX bet grows 100-fold
• Positive Sentiment: Other institutions also added exposure. UniSuper increased its GOOG and GOOGL holdings, while several major funds reported purchases, reinforcing the perception that Alphabet remains attractively valued after its recent pullback.
• Neutral Sentiment: Google expanded Gemini access in schools and introduced tools allowing users to remove visible watermarks from AI-generated content while retaining invisible SynthID protections. These moves could improve adoption but have uncertain near-term financial effects. Google turns on Gemini AI for students
• Negative Sentiment: Gemini lost chatbot-visit share to ChatGPT in July. Although Gemini surpassed one billion monthly active users, its share of chatbot visits fell to 28.8%, raising concerns about competitive momentum in consumer AI.
• Negative Sentiment: AI investment is pressuring cash flow. Analysts continue to flag Alphabet’s very high data-center and chip spending, with some estimates showing weaker free-cash-flow generation than Microsoft and Meta in 2027.
• Negative Sentiment: Several funds reduced Alphabet positions. Barclays, Franklin Resources, Magellan and other managers reported trimming GOOG or GOOGL holdings, partially offsetting Berkshire’s large purchase. Alphabet also faces reputational risk from a reported Google-ad phishing scam and a law-firm investigation of investor claims.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. DZ Bank raised Alphabet to a "strong-buy" rating in a research report on Thursday, July 23rd. Roth Capital increased their price target on Alphabet from $435.00 to $440.00 and gave the company a "buy" rating in a research report on Thursday, July 23rd. Wedbush initiated coverage on Alphabet in a research note on Thursday, July 16th. They issued an "outperform" rating and a $445.00 price target on the stock. Weiss Ratings restated a "buy (b)" rating on shares of Alphabet in a report on Friday, July 17th. Finally, Morgan Stanley reduced their price objective on shares of Alphabet from $415.00 to $400.00 and set an "overweight" rating for the company in a research note on Thursday, July 23rd. Six research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Buy" and a consensus price target of $415.55.

Insiders Place Their Bets

In other Alphabet news, Director Frances Arnold sold 82 shares of Alphabet stock in a transaction dated Thursday, July 30th. The stock was sold at an average price of $333.39, for a total transaction of $27,337.98. Following the transaction, the director owned 18,914 shares of the company's stock, valued at $6,305,738.46. The trade was a 0.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider John Kent Walker sold 8,998 shares of the company's stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $349.29, for a total value of $3,142,911.42. Following the completion of the transaction, the insider owned 75,290 shares in the company, valued at $26,298,044.10. This represents a 10.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 451,945 shares of company stock valued at $12,382,714. 12.99% of the stock is owned by insiders.

Alphabet Price Performance

GOOG opened at $343.54 on Monday. The stock has a fifty day moving average of $352.09 and a 200-day moving average of $339.62. The firm has a market capitalization of $4.20 trillion, a P/E ratio of 17.25, a PEG ratio of 0.96 and a beta of 1.23. Alphabet Inc. has a 12-month low of $197.46 and a 12-month high of $404.47. 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 (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, topping the consensus estimate 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 analysts' expectations of $116.53 billion. During the same quarter last year, the firm posted $2.31 earnings per share. Alphabet's revenue was up 24.2% compared to the same quarter last year. Equities analysts forecast that Alphabet Inc. will post 20.51 EPS for the current fiscal year.

Alphabet Dividend Announcement

The firm also recently disclosed 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. This represents a $0.88 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Friday, September 4th. Alphabet's dividend payout ratio is currently 4.42%.

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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