Board of Trustees of The Leland Stanford Junior University bought a new position in Alphabet Inc. (NASDAQ:GOOGL - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 394,353 shares of the information services provider's stock, valued at approximately $113,400,000. Alphabet makes up approximately 13.4% of Board of Trustees of The Leland Stanford Junior University's portfolio, making the stock its 2nd biggest holding.
A number of other institutional investors have also recently modified their holdings of GOOGL. NewEdge Wealth LLC lifted its position in shares of Alphabet by 11.8% during the 4th quarter. NewEdge Wealth LLC now owns 887,209 shares of the information services provider's stock worth $277,696,000 after purchasing an additional 93,293 shares during the last quarter. PFG Investments LLC grew its holdings in Alphabet by 2.6% in the 1st quarter. PFG Investments LLC now owns 89,299 shares of the information services provider's stock valued at $25,679,000 after buying an additional 2,269 shares during the last quarter. Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust bought a new position in Alphabet in the 4th quarter worth approximately $28,902,000. Private Advisory Group LLC increased its position in Alphabet by 12.2% in the 4th quarter. Private Advisory Group LLC now owns 24,717 shares of the information services provider's stock worth $7,736,000 after buying an additional 2,678 shares during the period. Finally, W.G. Shaheen & Associates DBA Whitney & Co lifted its holdings in shares of Alphabet by 17.1% during the fourth quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 118,966 shares of the information services provider's stock worth $37,236,000 after buying an additional 17,415 shares during the last quarter. 40.03% of the stock is owned by hedge funds and other institutional investors.
Key Stories Impacting Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Alphabet is reportedly backing a potential $15 billion Texas data-center project tied to Anthropic, providing financial guarantees and chips. The project could strengthen Google Cloud’s AI infrastructure position and create additional demand for Alphabet’s services, although the guarantees also add financial exposure. Anthropic data center financing
- Positive Sentiment: Google said AI-assisted development enabled it to fix more Chrome security vulnerabilities in June than during the previous two years combined. Faster security improvements could support Chrome’s reliability and Google’s broader AI-productivity narrative. Google Chrome security improvements
- Positive Sentiment: Analyst sentiment remains broadly favorable: Erste Group raised its 2026 EPS forecast to $20.50 from $14.27, above the roughly $20.15 consensus, while other firms maintain bullish ratings and targets. Alphabet also expanded its Gemini partnership with Oracle, potentially widening enterprise AI distribution. Alphabet growth-stock analysis
- Neutral Sentiment: Microsoft’s strong Azure and Copilot results reinforce robust enterprise AI demand, but they also highlight the intense competition among hyperscalers and may raise investor expectations for Google Cloud.
- Negative Sentiment: Reddit’s CEO said Google’s AI Overviews have not replaced the referral value of traditional “10 blue links.” Reduced traffic to publishers could increase pressure on Google’s search ecosystem and raise questions about how AI summaries will protect advertising economics. Reddit CEO comments on Google AI Overviews
- Negative Sentiment: Alphabet faces additional sentiment headwinds from securities-law investigations and recent insider or major-shareholder stock sales. These filings are relatively small compared with Alphabet’s market value, but they can weigh on confidence during a post-earnings selloff.
Alphabet Price Performance
NASDAQ:GOOGL opened at $333.66 on Friday. The company has a 50-day moving average of $358.32 and a 200-day moving average of $339.18. The company has a market capitalization of $4.04 trillion, a price-to-earnings ratio of 16.76, a PEG ratio of 0.94 and a beta of 1.24. Alphabet Inc. has a 52 week low of $187.82 and a 52 week high of $408.61. 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 (NASDAQ:GOOGL - Get Free Report) last issued its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share for the quarter, beating the consensus estimate of $2.89 by $6.22. The business had revenue of $119.80 billion for the quarter, compared to analyst estimates of $117.07 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. As a group, equities research analysts anticipate that Alphabet Inc. will post 20.52 earnings per share for the current fiscal year.
Alphabet Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 14th. Shareholders of record on Monday, September 7th will be issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Friday, September 4th. Alphabet's payout ratio is presently 4.42%.
Insider Buying and Selling
In related news, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the firm's stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $18.90, for a total transaction of $2,232,808.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Marsida Saraci sold 449 shares of the stock in a transaction 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 owned 27,386 shares of the company's stock, valued at $9,125,015.20. This represents a 1.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 600,547 shares of company stock valued at $16,255,540 over the last ninety days. Company insiders own 11.61% of the company's stock.
Analysts Set New Price Targets
A number of equities analysts recently issued reports on the stock. DA Davidson set a $350.00 target price on shares of Alphabet and gave the stock a "neutral" rating in a research report on Thursday, July 23rd. Citizens Jmp reissued a "market outperform" rating and issued a $515.00 price target on shares of Alphabet in a report on Wednesday, July 22nd. Pivotal Research restated a "buy" rating and issued a $475.00 price target (up from $470.00) on shares of Alphabet in a research report on Thursday, July 23rd. Barclays restated an "overweight" rating and set a $425.00 price objective (up from $405.00) on shares of Alphabet in a report on Thursday, July 23rd. Finally, CICC Research upped their price objective on shares of Alphabet from $388.00 to $407.91 and gave the company an "outperform" rating in a research report on Friday, May 1st. Six equities research analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Buy" and a consensus price target of $419.86.
Check Out Our Latest Research Report on GOOGL
Alphabet Profile
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Free Report)
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.
Further Reading
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