Blue Edge Capital LLC Invests $10 Million in Alphabet Inc. $GOOG

Blue Edge Capital LLC bought a new stake in Alphabet Inc. (NASDAQ:GOOG - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 28,295 shares of the information services provider's stock, valued at approximately $9,997,000. Alphabet comprises 1.2% of Blue Edge Capital LLC's investment portfolio, making the stock its 27th biggest position.

Other large investors also recently made changes to their positions in the company. Castlekeep Investment Advisors LLC acquired a new position in Alphabet in the 2nd quarter valued at $29,000. Imprint Wealth LLC bought a new position in Alphabet during the 3rd quarter worth $31,000. Lifetime Wealth Management P.C. acquired a new stake in shares of Alphabet during the fourth quarter worth $38,000. Bard Associates Inc. acquired a new stake in shares of Alphabet during the fourth quarter worth $41,000. Finally, Commonwealth Retirement Investments LLC bought a new stake in shares of Alphabet in the fourth quarter valued at about $45,000. Institutional investors own 27.26% of the company's stock.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google DeepMind is reportedly preparing to release Gemini 3.8 Flash as early as this week. Internal testing suggests the model narrows Google’s coding-performance gap with OpenAI and Anthropic, potentially improving Alphabet’s position in enterprise AI and software development. New Google AI Model Said to Narrow Gap on Coding Ability
• Positive Sentiment: Alphabet-owned Waymo launched public robotaxi service in Denver, San Diego and Tampa, expanding its commercial operations to 14 U.S. cities. The rollout strengthens Alphabet’s long-term autonomous-driving opportunity as competition with Amazon’s Zoox and Tesla intensifies. Waymo accelerates robotaxi expansion
• Positive Sentiment: Google signed a 396-megawatt geothermal power agreement with Fervo Energy, supporting reliable, carbon-free electricity for data-center growth and its AI infrastructure strategy. Fervo signs geothermal power deal with Google
• Neutral Sentiment: Berkshire Hathaway made Alphabet its third-largest holding after reducing Bank of America exposure. The move provides a high-profile vote of confidence, but commentary questioning whether Alphabet is fully valued limits its immediate impact. Alphabet becomes Berkshire’s third-largest holding
• Negative Sentiment: Investors remain concerned that Meta’s AI advertising products and OpenAI’s rapidly growing ad business could threaten Google Search’s advertising dominance and future ad growth. Competition threatens Google Search advertising
• Negative Sentiment: Alphabet’s planned AI infrastructure spending—reportedly potentially reaching $205 billion this year—is raising concerns about depreciation, free cash flow and operating margins despite strong cloud and AI-driven revenue growth. Big Tech AI spending and depreciation concerns
• Negative Sentiment: EU regulators are examining Google’s proposed AI-search publisher opt-out, while a reported £260 million U.K. app-store settlement underscores continuing antitrust and regulatory exposure. EU regulators examine Google AI-search opt-out

Analyst Ratings Changes

GOOG has been the topic of several research reports. Phillip Securities upgraded shares of Alphabet from a "moderate buy" rating to a "strong-buy" rating in a research note on Monday, July 27th. Barclays reiterated an "overweight" rating and issued a $425.00 price objective (up from $405.00) on shares of Alphabet in a research note on Thursday, July 23rd. Wells Fargo & Company cut their price objective on shares of Alphabet from $418.00 to $411.00 and set an "overweight" rating for the company in a report on Thursday, July 23rd. Freedom Capital upgraded shares of Alphabet from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 23rd. Finally, Wedbush started coverage on shares of Alphabet in a research report on Thursday, July 16th. They set an "outperform" rating and a $445.00 target price on the stock. Six research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $415.55.

Insider Activity

In related news, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $19.46, for a total transaction of $3,832,277.26. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider John Kent Walker sold 8,998 shares of the stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $349.29, for a total transaction of $3,142,911.42. Following the sale, the insider owned 75,290 shares in the company, valued at $26,298,044.10. This represents a 10.68% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 451,925 shares of company stock valued at $12,371,544 in the last 90 days. 12.99% of the stock is owned by corporate insiders.

Alphabet Stock Performance

NASDAQ:GOOG opened at $332.03 on Wednesday. The company has a market cap of $4.06 trillion, a price-to-earnings ratio of 16.68, a PEG ratio of 0.97 and a beta of 1.23. Alphabet Inc. has a fifty-two week low of $206.96 and a fifty-two week high of $404.47. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. The stock has a fifty day moving average price of $347.23 and a 200-day moving average price of $340.34.

Alphabet (NASDAQ:GOOG - Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The information services provider reported $9.11 EPS for the quarter, topping analysts' consensus estimates of $2.87 by $6.24. The company had revenue of $119.80 billion for the quarter, compared to analysts' expectations of $116.53 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.Alphabet's revenue was up 24.2% on a year-over-year basis. During the same quarter last year, the business earned $2.31 earnings per share. As a group, equities analysts anticipate that Alphabet Inc. will post 20.5 EPS for the current fiscal year.

Alphabet Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, September 14th. Shareholders of record on Monday, September 7th will be issued 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 (DPR) 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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