Alphabet Inc. $GOOGL Shares Sold by Maestria Partners LLC

Key Points

• Maestria Partners reduced its Alphabet stake by 12.9% in the second quarter, selling 9,000 shares and retaining 60,500 shares valued at approximately $21.6 million. Alphabet represents about 7.5% of the fund’s portfolio.
• Alphabet reported quarterly earnings of $9.11 per share on $119.8 billion in revenue, surpassing analyst expectations. Analysts maintain a consensus “Buy” rating with an average price target of $420.78.
• Alphabet continues expanding its AI infrastructure and commerce initiatives, including a reported $22 billion chip loan for its Crux AI cloud venture and new agentic commerce tools for retailers.

Maestria Partners LLC cut its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 12.9% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 60,500 shares of the information services provider's stock after selling 9,000 shares during the quarter. Alphabet makes up approximately 7.5% of Maestria Partners LLC's holdings, making the stock its 7th largest holding. Maestria Partners LLC's holdings in Alphabet were worth $21,621,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. EMC Capital Management bought a new stake in shares of Alphabet in the fourth quarter worth $33,000. Lifetime Wealth Management P.C. acquired a new position in Alphabet during the 4th quarter worth $32,000. Bard Associates Inc. acquired a new position in Alphabet during the 4th quarter worth $52,000. Graney & King LLC increased its position in shares of Alphabet by 38.5% in the 2nd quarter. Graney & King LLC now owns 180 shares of the information services provider's stock worth $64,000 after purchasing an additional 50 shares during the last quarter. Finally, Van Den Berg Management I Inc. raised its stake in shares of Alphabet by 319.6% in the 1st quarter. Van Den Berg Management I Inc. now owns 214 shares of the information services provider's stock valued at $61,000 after purchasing an additional 163 shares in the last quarter. 40.03% of the stock is owned by institutional investors and hedge funds.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: A consortium of 10 banks is reportedly providing a $22 billion chip loan to support Crux AI, Alphabet’s new cloud venture with Blackstone. The financing could accelerate data-center capacity and strengthen Alphabet’s position in AI infrastructure. Banks provide $22 billion chip loan to Blackstone, Alphabet cloud venture
• Positive Sentiment: Google is launching agentic commerce tools for retailers ahead of the holiday season, potentially increasing product-discovery activity, advertising demand and merchant adoption of Google’s AI services. Google Debuts Agentic Tools to Prep Retailers for Holidays
• Positive Sentiment: Alphabet agreed to its largest carbon-removal purchase yet through a Brazilian Terradot project. Separately, Google and Nvidia launched an alliance to make AI data centers more flexible and reduce power-grid strain—helpful developments as electricity availability becomes a constraint on AI growth. Google agrees biggest carbon-removal deal yet
• Positive Sentiment: Alphabet could benefit financially from a potential Anthropic IPO through its reported 14% ownership stake, cloud relationship and chip agreements, although the timing and valuation remain uncertain. What the Anthropic IPO Means for Amazon and Alphabet Investors

Analysts Set New Price Targets

GOOGL has been the subject of a number of research reports. DZ Bank upgraded Alphabet to a "strong-buy" rating in a research note on Thursday, July 23rd. Truist Financial set a $420.00 target price on Alphabet and gave the stock a "buy" rating in a report on Thursday, July 23rd. Wells Fargo & Company set a $411.00 target price on Alphabet and gave the stock an "overweight" rating in a research report on Thursday, July 23rd. Cantor Fitzgerald reiterated an "overweight" rating and issued a $420.00 price target (down from $435.00) on shares of Alphabet in a report on Thursday, July 23rd. Finally, Zacks Research lowered Alphabet from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 11th. Five investment analysts have rated the stock with a Strong Buy rating, forty-five have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Alphabet currently has a consensus rating of "Buy" and a consensus price target of $420.78.

Alphabet Stock Performance

Shares of GOOGL opened at $342.87 on Thursday. The firm has a fifty day moving average of $345.59 and a 200-day moving average of $344.63. The company has a market cap of $4.19 trillion, a price-to-earnings ratio of 17.22, a price-to-earnings-growth ratio of 1.00 and a beta of 1.22. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. Alphabet Inc. has a 1 year low of $235.84 and a 1 year high of $408.61.

Alphabet (NASDAQ:GOOGL - 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, topping analysts' consensus estimates of $2.89 by $6.22. The business had revenue of $119.80 billion for the quarter, compared to analysts' expectations of $117.07 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. As a group, equities analysts anticipate that Alphabet Inc. will post 20.52 earnings per share for the current year.

Alphabet Dividend Announcement

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

Insider Buying and Selling at Alphabet

In related news, Director Frances Arnold sold 82 shares of the stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $337.71, for a total value of $27,692.22. Following the completion of the transaction, the director directly owned 18,995 shares of the company's stock, valued at $6,414,801.45. This represents a 0.43% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of Alphabet stock in a transaction on Tuesday, July 28th. The shares were 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. Over the last 90 days, insiders have sold 450,875 shares of company stock worth $11,984,482. 11.61% of the stock is owned by company insiders.

About Alphabet

Alphabet Inc is a technology and holding company founded in 2015 through a restructuring of Google. The company is headquartered in Mountain View, California, and operates globally, serving consumers, businesses, advertisers and developers across numerous countries and regions.

Alphabet's largest business is Google Services, which includes Google Search, online advertising, YouTube, Android, Chrome, Google Maps, Google Play and hardware products such as Pixel devices. These products support activities including internet search, digital content distribution, mobile computing, online communications and advertising.

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