Flossbach Von Storch SE decreased its stake in shares of Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 11.8% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 4,408,262 shares of the information services provider's stock after selling 590,292 shares during the quarter. Alphabet comprises about 7.1% of Flossbach Von Storch SE's portfolio, making the stock its largest holding. Flossbach Von Storch SE's holdings in Alphabet were worth $1,575,381,000 as of its most recent filing with the SEC.
Several other institutional investors also recently bought and sold shares of GOOGL. Brighton Jones LLC boosted its stake in shares of Alphabet by 3.9% during the fourth quarter. Brighton Jones LLC now owns 110,330 shares of the information services provider's stock valued at $20,886,000 after purchasing an additional 4,110 shares during the period. Revolve Wealth Partners LLC increased its stake in Alphabet by 3.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 14,930 shares of the information services provider's stock worth $2,826,000 after buying an additional 506 shares during the period. Matrix Asset Advisors Inc. NY lifted its holdings in Alphabet by 17.6% during the 2nd quarter. Matrix Asset Advisors Inc. NY now owns 3,888 shares of the information services provider's stock valued at $685,000 after buying an additional 581 shares in the last quarter. Sequoia Financial Advisors LLC boosted its position in Alphabet by 11.2% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 485,486 shares of the information services provider's stock valued at $85,557,000 after buying an additional 48,805 shares during the period. Finally, United Bank grew its stake in Alphabet by 6.9% in the 2nd quarter. United Bank now owns 48,204 shares of the information services provider's stock worth $8,495,000 after acquiring an additional 3,120 shares in the last quarter. 40.03% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of brokerages recently issued reports on GOOGL. Loop Capital boosted their price target on Alphabet from $355.00 to $490.00 and gave the company a "buy" rating in a report on Friday, May 15th. Cantor Fitzgerald reissued an "overweight" rating and set a $420.00 target price (down from $435.00) on shares of Alphabet in a research report on Thursday, July 23rd. Pivotal Research reiterated a "buy" rating and set a $475.00 price objective (up from $470.00) on shares of Alphabet in a research note on Thursday, July 23rd. New Street Research boosted their price objective on shares of Alphabet from $450.00 to $455.00 and gave the stock a "buy" rating in a research note on Friday, June 5th. Finally, Rosenblatt Securities reaffirmed a "buy" rating and set a $410.00 target price on shares of Alphabet in a research report on Thursday, August 20th. Six equities research analysts have rated the stock with a Strong Buy rating, forty-four have given a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of $420.19.
View Our Latest Analysis on GOOGL
Insider Buying and Selling at Alphabet
In other Alphabet news, CAO Marsida Saraci sold 449 shares of the company's stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total value of $149,606.80. Following the sale, the chief accounting officer directly owned 27,386 shares of the company's stock, valued at approximately $9,125,015.20. This represents a 1.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John L. Hennessy sold 1,050 shares of the stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $368.63, for a total value of $387,061.50. Following the sale, the director directly owned 1,481 shares in the company, valued at $545,941.03. This represents a 41.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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.
Key Alphabet News
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
Alphabet Price Performance
Shares of GOOGL opened at $337.12 on Thursday. 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 fifty day moving average price is $349.02 and its 200-day moving average price is $342.38. 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. Alphabet Inc. has a 1-year low of $224.79 and a 1-year high of $408.61.
Alphabet (NASDAQ:GOOGL - Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (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 firm had revenue of $119.80 billion during the quarter, compared to analysts' expectations of $117.07 billion. On average, equities research analysts predict that Alphabet Inc. will post 20.5 EPS for the current year.
Alphabet Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, September 14th. Investors of record on Monday, September 7th will be issued 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 of this dividend is Friday, September 4th. Alphabet's dividend payout ratio (DPR) is 4.42%.
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.
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