Arista Wealth Management LLC Lowers Holdings in Alphabet Inc. $GOOGL

Arista Wealth Management LLC decreased its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 7.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 23,535 shares of the information services provider's stock after selling 1,947 shares during the quarter. Alphabet comprises 0.9% of Arista Wealth Management LLC's holdings, making the stock its 21st largest holding. Arista Wealth Management LLC's holdings in Alphabet were worth $8,411,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Aletheian Wealth Advisors LLC lifted its stake in shares of Alphabet by 9.5% in the 2nd quarter. Aletheian Wealth Advisors LLC now owns 6,417 shares of the information services provider's stock valued at $2,293,000 after purchasing an additional 557 shares during the last quarter. Sax Wealth Advisors LLC increased its holdings in Alphabet by 13.7% in the 2nd quarter. Sax Wealth Advisors LLC now owns 36,831 shares of the information services provider's stock valued at $13,162,000 after purchasing an additional 4,436 shares during the last quarter. Everpar Advisors LLC increased its holdings in Alphabet by 8.1% in the 2nd quarter. Everpar Advisors LLC now owns 17,889 shares of the information services provider's stock valued at $6,393,000 after purchasing an additional 1,344 shares during the last quarter. Avity Investment Management Inc. raised its position in Alphabet by 0.3% in the second quarter. Avity Investment Management Inc. now owns 49,885 shares of the information services provider's stock valued at $17,827,000 after purchasing an additional 154 shares during the period. Finally, Adamsbrown Wealth Consultants LLC raised its position in Alphabet by 29.6% in the second quarter. Adamsbrown Wealth Consultants LLC now owns 2,822 shares of the information services provider's stock valued at $1,008,000 after purchasing an additional 644 shares during the period. Hedge funds and other institutional investors own 40.03% of the company's stock.

Insider Buying and Selling

In related news, CAO Marsida Saraci sold 449 shares of the business's stock in a transaction dated 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 owned 27,386 shares in the company, valued at $9,125,015.20. The trade was a 1.61% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider John Kent Walker sold 8,998 shares of the company's stock in a transaction that occurred on 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 sale, the insider directly owned 75,290 shares of the company's stock, valued at approximately $26,298,044.10. This represents a 10.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 451,945 shares of company stock worth $12,382,714. Corporate insiders own 11.61% of the company's stock.

Alphabet Price Performance

Alphabet stock opened at $345.90 on Monday. The company has a market capitalization of $4.23 trillion, a P/E ratio of 17.37, a PEG ratio of 0.97 and a beta of 1.24. 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 fifty-two week low of $196.60 and a fifty-two week high of $408.61. The stock has a 50-day simple moving average of $353.66 and a 200-day simple moving average of $341.15.

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 (EPS) for the quarter, topping analysts' consensus estimates of $2.89 by $6.22. The firm had revenue of $119.80 billion for the quarter, compared to the consensus estimate of $117.07 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. Equities research analysts expect that Alphabet Inc. will post 20.51 earnings per share for the current year.

Alphabet Announces Dividend

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

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Wall Street Zen lowered Alphabet from a "buy" rating to a "hold" rating in a research report on Saturday, August 1st. Bank of America upped their target price on shares of Alphabet from $370.00 to $430.00 and gave the stock a "buy" rating in a research note on Thursday, April 30th. Freedom Capital raised Alphabet from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 23rd. Pivotal Research restated a "buy" rating and set a $475.00 target price (up from $470.00) on shares of Alphabet in a research note on Thursday, July 23rd. Finally, China Renaissance lifted their price objective on shares of Alphabet from $400.00 to $485.00 and gave the stock a "buy" rating in a research report on Monday, May 4th. Five research analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, Alphabet presently has a consensus rating of "Buy" and a consensus target price of $419.86.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Berkshire Hathaway sharply 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% in the second quarter. Alphabet is now Berkshire’s third-largest U.S.-listed equity holding, a high-profile vote of confidence under CEO Greg Abel. Berkshire Hathaway boosts Alphabet to a top three holding
• Positive Sentiment: Alphabet’s SpaceX investment has become exceptionally valuable. The company disclosed that its roughly $900 million investment in SpaceX in 2015 was worth about $94 billion at the end of June. The gain highlights Alphabet’s ability to generate returns from strategic investments, although it is not recurring operating revenue. Alphabet's SpaceX bet grows 100-fold over a decade
• Positive Sentiment: Google launched Gemini 3.7 Flash for coding and automated business workflows. The new model could strengthen Alphabet’s position in enterprise AI and agent-based software, although investors are still awaiting details on the flagship Gemini Pro release. Google unveils Gemini 3.7 Flash AI model
• Neutral Sentiment: Google will let users remove visible watermarks from AI-generated images, videos and songs while retaining invisible SynthID and C2PA metadata. The policy may improve user flexibility but could raise questions about content provenance and misuse. Google will now allow users to remove visible watermark from its AI generations
• Negative Sentiment: AI investment and competitive pressures remain overhangs. Reports cite rising AI capital expenditures and cash-flow pressure, while Nvidia’s large financing arrangement could challenge Alphabet’s custom-chip strategy. Traders also reduced expectations for an imminent Gemini Pro launch. Alphabet's stock slips as Nvidia financing deal threatens custom chips
• Negative Sentiment: Zacks Research downgraded Alphabet from “strong buy” to “hold,” reflecting valuation and spending concerns. In addition, Pomerantz announced an investigation into potential investor claims, creating a modest legal-risk overhang. GOOGL Down 19% From 52-Week High

About Alphabet

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.

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