Blue Edge Capital LLC Decreases Holdings in Alphabet Inc. $GOOGL

Key Points

• Blue Edge Capital cut its Alphabet position by 8.2% in the second quarter, selling 1,841 shares and retaining 20,724 shares valued at approximately $7.4 million. Institutional investors collectively own about 40.03% of Alphabet.
• Alphabet reported strong quarterly results, with $119.8 billion in revenue and $9.11 in earnings per share, exceeding analyst estimates. Shares opened at $351.16, down 1.1%, while analysts maintained a consensus “Buy” rating and an average price target of $422.16.
• The company continues expanding its AI and infrastructure initiatives through Gemini, Waymo and additional nuclear-powered data-center capacity, but faces regulatory and legal risks, including a $425 million privacy appeal, a €403 million Irish data-protection fine and scrutiny over Gemini’s security.

Blue Edge Capital LLC reduced its position in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 8.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 20,724 shares of the information services provider's stock after selling 1,841 shares during the quarter. Blue Edge Capital LLC's holdings in Alphabet were worth $7,406,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in GOOGL. MCF Advisors LLC increased its position in shares of Alphabet by 4.0% in the 2nd quarter. MCF Advisors LLC now owns 33,128 shares of the information services provider's stock valued at $11,839,000 after acquiring an additional 1,265 shares during the period. Bienville Capital Management LLC raised its stake in Alphabet by 2.6% in the 2nd quarter. Bienville Capital Management LLC now owns 23,812 shares of the information services provider's stock worth $8,510,000 after acquiring an additional 594 shares during the last quarter. Lotus Asset Management LLC acquired a new stake in Alphabet during the 2nd quarter worth about $2,227,000. National Pension Service lifted its position in Alphabet by 2.4% during the 2nd quarter. National Pension Service now owns 13,098,297 shares of the information services provider's stock worth $4,680,938,000 after acquiring an additional 304,920 shares during the period. Finally, BlueCrest Capital Management Ltd grew its stake in Alphabet by 1,317.9% during the 2nd quarter. BlueCrest Capital Management Ltd now owns 30,385 shares of the information services provider's stock valued at $10,859,000 after purchasing an additional 28,242 shares during the last quarter. Hedge funds and other institutional investors own 40.03% of the company's stock.

Key Alphabet News

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 Trading Down 1.1%

Shares of Alphabet stock opened at $351.16 on Wednesday. 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 twelve month low of $235.84 and a twelve month high of $408.61. The firm has a market capitalization of $4.29 trillion, a PE ratio of 17.64, a P/E/G ratio of 1.03 and a beta of 1.22. The firm's 50-day moving average price is $345.08 and its 200 day moving average price is $345.88.

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

Alphabet Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 14th. Investors of record on Monday, September 7th were given 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 was Friday, September 4th. Alphabet's payout ratio is presently 4.42%.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on GOOGL. Rosenblatt Securities reissued a "buy" rating and issued a $410.00 price objective on shares of Alphabet in a report on Thursday, September 3rd. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Alphabet in a report on Friday, July 17th. Royal Bank Of Canada reiterated an "outperform" rating and issued a $425.00 target price on shares of Alphabet in a research report on Thursday, July 23rd. DZ Bank upgraded shares of Alphabet to a "strong-buy" rating in a report on Thursday, July 23rd. Finally, New Street Research raised their price target on shares of Alphabet from $450.00 to $455.00 and gave the stock a "buy" rating in a research report on Friday, June 5th. Five analysts have rated the stock with a Strong Buy rating, forty-five have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Buy" and an average price target of $422.16.

Insider Buying and Selling

In other Alphabet news, Director Frances Arnold sold 82 shares of the firm's stock in a transaction 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 transaction, the director owned 18,995 shares in the company, valued at approximately $6,414,801.45. This trade represents a 0.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Marsida Saraci sold 449 shares of Alphabet stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total transaction of $149,606.80. Following the sale, the chief accounting officer directly owned 27,386 shares in the company, valued at approximately $9,125,015.20. This trade represents a 1.61% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 450,875 shares of company stock worth $11,984,482. 11.61% of the stock is owned by corporate 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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