Dala Group LLC Trims Stock Position in Alphabet Inc. $GOOGL

Key Points

• Dala Group LLC cut its Alphabet stake by 97.1% in the second quarter, selling 39,579 shares and retaining 1,165 shares valued at approximately $417,000. Institutional investors collectively own about 40.03% of Alphabet.
• Alphabet faces ongoing regulatory and competitive risks, but a judge rejected the U.S. government’s request to force a sale of Google’s AdX advertising exchange. The company must still make operational changes to address antitrust concerns.
• Analysts remain broadly optimistic, with an overall “Buy” rating and an average price target of $420.19. Alphabet also reported quarterly earnings and revenue well above expectations and announced a quarterly dividend of $0.22 per share.

Dala Group LLC reduced its stake in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 97.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,165 shares of the information services provider's stock after selling 39,579 shares during the quarter. Dala Group LLC's holdings in Alphabet were worth $417,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of GOOGL. Lifetime Wealth Management P.C. purchased a new stake in Alphabet in the 4th quarter valued at approximately $32,000. EMC Capital Management acquired a new stake in shares of Alphabet in the 4th quarter valued at approximately $33,000. IFC & Insurance Marketing Inc. purchased a new stake in shares of Alphabet in the fourth quarter valued at approximately $38,000. Bard Associates Inc. acquired a new position in Alphabet during the fourth quarter worth $52,000. Finally, iSAM Funds UK Ltd purchased a new position in Alphabet in the third quarter worth $53,000. Institutional investors and hedge funds own 40.03% of the company's stock.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: A federal judge rejected the U.S. government’s request to force Google to sell its AdX advertising exchange, removing the immediate risk of a disruptive breakup. The ruling still requires Google to change certain ad-tech practices, but the decision preserves the structure of a highly profitable business. Google defeats US bid to force ad-tech sale
• Positive Sentiment: Berkshire Hathaway increased its Alphabet position by roughly $10 billion, with CEO Greg Abel describing Google as a significant AI player. The investment provides a high-profile vote of confidence in Alphabet’s AI capabilities and long-term growth prospects. Berkshire CEO comments on Alphabet AI investment
• Positive Sentiment: Alphabet is securing additional power for its expanding AI infrastructure. Google agreed to purchase approximately 400 megawatts of geothermal electricity from Fervo Energy for a Utah data center, while Eos Energy announced a battery-storage partnership tied to a planned $350 million West Virginia project. These agreements support data-center capacity growth and energy reliability. Google buys geothermal power from Fervo
• Positive Sentiment: Waymo expanded paid robotaxi service to Denver, San Diego and Tampa, bringing its operations to 14 U.S. cities. The rollout offers Alphabet investors evidence of increasing commercialization outside the core advertising business. Waymo expands robotaxi service
• Neutral Sentiment: Reports indicate Google may release Gemini 3.8 Flash this week, with internal testing showing improved coding performance. A stronger model could support Cloud and Workspace monetization, although the financial impact remains unproven. New Google AI model report
• Negative Sentiment: The antitrust ruling was not a complete victory: Google must implement undisclosed operational changes intended to address illegal practices and pressure on publisher ad rates. Regulatory scrutiny therefore remains a continuing risk to ad-tech economics. Federal judge declines to break up Google ad technology business
• Negative Sentiment: Investors continue to weigh Alphabet’s heavy AI infrastructure spending against uncertain returns. Competition from OpenAI and other AI providers, along with reported talent losses, could pressure Google Search and increase the cost of defending its market position. OpenAI advertising competition report

Insider Transactions at Alphabet

In other Alphabet news, Director John L. Hennessy sold 1,050 shares of Alphabet stock in a transaction on Monday, June 15th. The shares were sold at an average price of $368.63, for a total value of $387,061.50. Following the completion of the transaction, the director owned 1,481 shares of the company's stock, valued at $545,941.03. The trade was a 41.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CAO Marsida Saraci sold 449 shares of the firm'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 completion of 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 disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 451,925 shares of company stock valued at $12,371,544. Company insiders own 11.61% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have commented on GOOGL shares. Loop Capital boosted their target price on shares of Alphabet from $355.00 to $490.00 and gave the stock a "buy" rating in a research report on Friday, May 15th. Pivotal Research reiterated a "buy" rating and issued a $475.00 price target (up from $470.00) on shares of Alphabet in a report on Thursday, July 23rd. Morgan Stanley set a $400.00 price objective on shares of Alphabet and gave the company an "overweight" rating in a research note on Thursday, July 23rd. Needham & Company LLC reissued a "buy" rating and set a $450.00 price objective on shares of Alphabet in a report on Wednesday, June 3rd. Finally, Dbs Bank increased their target price on shares of Alphabet from $400.00 to $460.00 in a report on Thursday, May 7th. Six analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of $420.19.

Alphabet Stock Performance

Alphabet stock opened at $337.12 on Thursday. Alphabet Inc. has a one year low of $224.79 and a one year high of $408.61. The firm has a market capitalization of $4.12 trillion, a PE ratio of 16.93, a price-to-earnings-growth ratio of 0.97 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. The stock's 50 day moving average price is $349.02 and its 200 day moving average price is $342.38.

Alphabet (NASDAQ:GOOGL - Get Free Report) last issued its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 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 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, sell-side analysts expect that Alphabet Inc. will post 20.5 EPS for the current fiscal year.

Alphabet Announces Dividend

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

Alphabet Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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