Danica Pension Livsforsikringsaktieselskab Acquires 11,903 Shares of Alphabet Inc. $GOOGL

Danica Pension Livsforsikringsaktieselskab grew its holdings in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 5.0% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 247,836 shares of the information services provider's stock after buying an additional 11,903 shares during the quarter. Alphabet accounts for approximately 1.4% of Danica Pension Livsforsikringsaktieselskab's holdings, making the stock its 10th biggest holding. Danica Pension Livsforsikringsaktieselskab's holdings in Alphabet were worth $88,569,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Lifetime Wealth Management P.C. bought a new stake in shares of 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 $33,000. IFC & Insurance Marketing Inc. bought a new stake in shares of Alphabet in the 4th quarter worth about $38,000. Bard Associates Inc. bought a new position in Alphabet during the 4th quarter valued at about $52,000. Finally, iSAM Funds UK Ltd acquired a new position in Alphabet in the third quarter valued at about $53,000. Institutional investors own 40.03% of the company's stock.

Insider Activity at Alphabet

In other Alphabet news, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $18.90, for a total value of $2,232,808.20. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Marsida Saraci sold 449 shares of the firm'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 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 quarter, insiders sold 451,925 shares of company stock worth $12,371,544. 11.61% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on GOOGL. Barclays reaffirmed 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. Royal Bank Of Canada reissued an "outperform" rating and issued a $425.00 price objective on shares of Alphabet in a research note on Thursday, July 23rd. Truist Financial set a $420.00 target price on Alphabet and gave the company a "buy" rating in a research note on Thursday, July 23rd. Mizuho raised their price objective on shares of Alphabet from $420.00 to $460.00 and gave the company an "outperform" rating in a research report on Wednesday, May 6th. Finally, Citizens Jmp reiterated a "market outperform" rating and set a $515.00 target price on shares of Alphabet in a research report on Wednesday, July 22nd. Six investment analysts have rated the stock with a Strong Buy rating, forty-four have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Alphabet currently has an average rating of "Buy" and an average target price of $420.19.

Alphabet Trading Down 1.3%

Shares of NASDAQ GOOGL opened at $335.02 on Wednesday. Alphabet Inc. has a fifty-two week low of $206.20 and a fifty-two week high of $408.61. The firm has a market capitalization of $4.10 trillion, a P/E ratio of 16.83, a P/E/G ratio of 0.98 and a beta of 1.24. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. The company's 50 day simple moving average is $349.18 and its 200 day simple moving average is $342.18.

Alphabet (NASDAQ:GOOGL - Get Free Report) last issued its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, beating the consensus estimate of $2.89 by $6.22. The company had revenue of $119.80 billion during the quarter, compared to analysts' expectations of $117.07 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. On average, analysts predict that Alphabet Inc. will post 20.5 EPS for the current year.

Alphabet Dividend Announcement

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

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Reports indicate Google could release Gemini 3.8 Flash this week. Internal testing reportedly shows meaningful improvement in coding, an area where Alphabet has trailed Anthropic and OpenAI. A stronger model could improve Google’s AI product competitiveness and investor confidence. New Google AI Model Said to Narrow Gap on Coding Ability
• Positive Sentiment: Alphabet-owned Waymo began offering paid autonomous rides in Denver, San Diego and Tampa, expanding its commercial service to 14 U.S. cities. The rollout strengthens Alphabet’s position in the emerging robotaxi market and creates a potential long-term growth opportunity beyond advertising and cloud computing. Waymo accelerates robotaxi expansion
• Positive Sentiment: Google agreed to purchase 396 megawatts of geothermal power from Fervo Energy’s Utah project. The deal supports the electricity needs of Alphabet’s expanding AI data-center infrastructure while providing greater visibility into its strategy for securing reliable, lower-carbon power. Fervo geothermal power deal with Google
• Neutral Sentiment: Alphabet introduced Google Pics, an AI-powered image creation and editing tool for Google Workspace and premium AI subscribers. The product could broaden monetization, but its near-term financial impact is uncertain. Google Pics AI design tool
• Neutral Sentiment: Android accessibility and personalization updates, along with Google Maps’ adoption of the “Lake America” name, increase product visibility but are unlikely to materially affect Alphabet’s earnings.
• Negative Sentiment: Investors remain concerned that OpenAI’s rapidly expanding advertising business could eventually pressure Google Search, Alphabet’s core profit engine. Reports of employee departures and a continuing AI talent race add to uncertainty around execution. OpenAI advertising threat to Google Search
• Negative Sentiment: EU regulators are questioning Google’s proposed AI-search opt-out policy, while recent European concessions and a £260 million U.K. app-store settlement reinforce concerns about regulatory costs and potential damage to search and platform economics. EU regulators question Google AI-search policy

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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