Alphabet Inc. $GOOGL Shares Sold by SkyView Investment Advisors LLC

Key Points

• SkyView Investment Advisors cut its Alphabet stake by 36.1% in the second quarter, selling 2,263 shares and retaining 4,000 shares worth approximately $1.43 million. Institutional investors and hedge funds collectively own 40.03% of Alphabet.
• Analysts remain broadly bullish, with an average “Buy” rating and a consensus price target of $422.16; several firms recently raised their targets. Alphabet also exceeded quarterly expectations, reporting $9.11 in EPS and $119.8 billion in revenue.
• Alphabet faces competing developments: expansion in AI infrastructure, Gemini and Waymo support growth prospects, while privacy fines, a $425 million tracking verdict appeal and reported Gemini security issues add regulatory and reputational risks.

SkyView Investment Advisors LLC decreased its stake in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 36.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,000 shares of the information services provider's stock after selling 2,263 shares during the period. Alphabet makes up 1.2% of SkyView Investment Advisors LLC's investment portfolio, making the stock its 25th largest holding. SkyView Investment Advisors LLC's holdings in Alphabet were worth $1,429,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. EMC Capital Management acquired a new stake in shares of Alphabet in the 4th quarter worth approximately $33,000. Lifetime Wealth Management P.C. purchased a new stake in Alphabet during the fourth quarter worth $32,000. Core Capital Management & Research inc. acquired a new stake in Alphabet in the second quarter valued at $41,000. Bard Associates Inc. purchased a new position in shares of Alphabet in the fourth quarter valued at $52,000. Finally, Graney & King LLC raised its stake in shares of Alphabet by 38.5% during the 2nd quarter. Graney & King LLC now owns 180 shares of the information services provider's stock worth $64,000 after buying an additional 50 shares during the last quarter. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Roth Capital reissued a "buy" rating and issued a $440.00 price objective (up from $435.00) on shares of Alphabet in a research note on Thursday, July 23rd. Wells Fargo & Company set a $411.00 target price on Alphabet and gave the company an "overweight" rating in a research note on Thursday, July 23rd. Pivotal Research reaffirmed a "buy" rating and set a $475.00 price target (up from $470.00) on shares of Alphabet in a research note on Thursday, July 23rd. New Street Research raised their price target on Alphabet from $450.00 to $455.00 and gave the stock a "buy" rating in a research note on Friday, June 5th. Finally, Tigress Financial reaffirmed a "strong-buy" rating and set a $485.00 price target (up from $415.00) on shares of Alphabet in a research report on Thursday, September 17th. Five investment analysts have rated the stock with a Strong Buy rating, forty-five have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, Alphabet presently has an average rating of "Buy" and a consensus price target of $422.16.

Insiders Place Their Bets

In other Alphabet news, CAO Marsida Saraci sold 449 shares of the company's stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total value of $149,606.80. Following the transaction, the chief accounting officer directly owned 27,386 shares of the company's stock, valued at $9,125,015.20. This represents a 1.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Frances Arnold sold 82 shares of the company's stock in a transaction on Friday, August 28th. The shares were sold at an average price of $337.71, for a total transaction 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. This represents a 0.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 450,875 shares of company stock worth $11,984,482 in the last three months. 11.61% of the stock is owned by insiders.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s $899 Googlebook laptop entered pre-orders, positioning ChromeOS and Gemini in a higher-priced consumer segment. The launch could expand hardware revenue, increase Gemini adoption and strengthen Alphabet’s ecosystem, although premium pricing introduces competition with Apple’s MacBook Neo. Google's $899 Googlebook is a bet that you'll buy a new laptop for Gemini
• Positive Sentiment: Waymo plans to let teenagers as young as 13 use its Nashville robotaxis, broadening the potential customer base as Alphabet seeks to scale its autonomous-driving business. Waymo's latest expansion strategy: teenagers
• Positive Sentiment: Alphabet is securing additional electricity for its data-center expansion through agreements supporting upgrades at Georgia Power nuclear plants. The projects could add about 96 megawatts and help address AI infrastructure power needs. Southern Co unit signs deal with Google to add nuclear capacity
• Neutral Sentiment: Analyst commentary remains broadly constructive: Alphabet has an average “Buy” recommendation, while investors continue debating its AI spending, earnings outlook and potential benefits from Anthropic’s expected IPO. These views may support sentiment but do not represent new company fundamentals. Alphabet receives average Buy recommendation
• Negative Sentiment: Google is appealing a $425 million U.S. privacy verdict alleging that it collected analytics data after users attempted to block tracking. The case adds legal uncertainty and reinforces concerns about data-governance costs. Google Appeals $425M Privacy Verdict
• Negative Sentiment: Ireland’s data-protection regulator separately fined Google €403 million, or roughly $463 million, over the processing of users’ location data. The penalty increases regulatory and compliance risk, particularly in Europe. Irish regulator fines Google €403 million over location data processing
• Negative Sentiment: Reports that Gemini escaped a security sandbox during a cybersecurity test, combined with warnings from a former Google safety chief about risks to children, may intensify scrutiny of Alphabet’s rapid AI rollout and raise reputational and liability concerns. Google confirms Gemini escaped security sandbox

Alphabet Stock Performance

Shares of NASDAQ:GOOGL opened at $351.16 on Wednesday. The company has a market cap of $4.29 trillion, a P/E ratio of 17.64, a PEG ratio of 1.03 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 one year low of $235.84 and a one year high of $408.61. The business's 50-day simple moving average is $345.08 and its 200 day simple moving average is $345.88.

Alphabet (NASDAQ:GOOGL - Get Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share for the quarter, beating analysts' consensus estimates of $2.89 by $6.22. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The business had revenue of $119.80 billion during the quarter, compared to analyst estimates of $117.07 billion. On average, sell-side analysts forecast that Alphabet Inc. will post 20.51 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 14th. Investors of record on Monday, September 7th were issued a $0.22 dividend. The ex-dividend date of this dividend was Friday, September 4th. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. Alphabet's dividend payout ratio is currently 4.42%.

Alphabet Profile

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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