Ieq Capital LLC Has $338.43 Million Stock Position in Alphabet Inc. $GOOG

Key Points

• Ieq Capital reduced its Alphabet position by 6.7% in the second quarter, selling 68,933 shares. It still held 957,826 shares worth approximately $338.4 million, representing 1.6% of its portfolio.
• Alphabet reported strong quarterly results, with revenue up 24.2% year over year to $119.8 billion and earnings per share of $9.11, well above expectations. Analysts remain bullish, with an average “Buy” rating and a consensus price target of $415.55.
• AI and cloud growth are major catalysts, but regulatory actions and the heavy cost of AI infrastructure remain key risks. Alphabet also declared a quarterly dividend of $0.22 per share, equal to a 0.3% annualized yield.

Ieq Capital LLC reduced its position in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 6.7% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 957,826 shares of the information services provider's stock after selling 68,933 shares during the period. Alphabet makes up 1.6% of Ieq Capital LLC's investment portfolio, making the stock its 12th largest holding. Ieq Capital LLC's holdings in Alphabet were worth $338,429,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in GOOG. Burnham & Co LLC purchased a new position in Alphabet during the second quarter worth about $1,560,000. Robinhood Asset Management LLC lifted its holdings in Alphabet by 4.1% during the 2nd quarter. Robinhood Asset Management LLC now owns 86,474 shares of the information services provider's stock worth $30,554,000 after purchasing an additional 3,369 shares in the last quarter. Gambit Capital Management LLC lifted its holdings in shares of Alphabet by 9.1% in the second quarter. Gambit Capital Management LLC now owns 1,768 shares of the information services provider's stock worth $625,000 after buying an additional 148 shares in the last quarter. Cahill Financial Advisors Inc. lifted its stake in Alphabet by 2.5% in the 2nd quarter. Cahill Financial Advisors Inc. now owns 5,103 shares of the information services provider's stock worth $1,803,000 after purchasing an additional 124 shares in the last quarter. Finally, Keebeck Wealth Management boosted its stake in Alphabet by 17.8% during the second quarter. Keebeck Wealth Management now owns 20,954 shares of the information services provider's stock valued at $7,404,000 after buying an additional 3,173 shares during the period. Institutional investors and hedge funds own 27.26% of the company's stock.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: AI products are broadening Alphabet’s growth story. Google is expanding AI Mode with flight-price tracking, hotel-booking assistance and loyalty-point comparisons, while Gemini’s new “Personal Intelligence” features are making AI assistance more accessible to mainstream users. A potential Gemini 3.8 Flash release and the hiring of former OpenAI executive Barret Zoph further reinforce Alphabet’s competitive AI position. Google AI Mode article
• Positive Sentiment: Cloud momentum and AI infrastructure remain key bullish catalysts. Analysts point to surging Google Cloud revenue, AI adoption and a reported $514 billion backlog as evidence that Alphabet is gaining ground on Microsoft and Amazon. Wolfe Research named Alphabet a top 2027 pick and set a $460 target, citing accelerating cloud growth. Alphabet’s expanded custom-chip relationship with Marvell could also strengthen its TPU ecosystem and reduce reliance on outside suppliers over time. Google Cloud growth article
• Neutral Sentiment: Technical and valuation commentary is broadly supportive but not a new fundamental catalyst. Analysts continue to view GOOG favorably, and technical analysis identifies support near a key moving-average level. However, the stock remains below its 50-day average, suggesting investors are still weighing growth against execution risks. Alphabet technical analysis
• Negative Sentiment: Regulatory and litigation overhangs persist. Google changed its European spam-policy enforcement to avoid a potential antitrust fine, a concession that may reduce near-term financial risk but could constrain search operations. Alphabet also agreed to a roughly $353 million UK Play Store settlement, while the FTC is reportedly considering a lawsuit over YouTube account suspensions. Multiple law firms separately announced securities-fraud investigations, though these notices do not establish wrongdoing. Google EU spam policy article
• Negative Sentiment: Investors remain alert to the cost of the AI race. Reports that major technology companies have approximately $3 trillion in off-balance-sheet AI commitments, alongside Alphabet’s heavy capital spending and negative free cash flow concerns, could pressure future returns if AI monetization lags investment. Big Tech AI spending article

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on GOOG shares. The Goldman Sachs Group reiterated a "buy" rating and set a $450.00 target price on shares of Alphabet in a research report on Thursday, May 21st. Truist Financial dropped their price objective on Alphabet from $430.00 to $420.00 and set a "buy" rating for the company in a research note on Thursday, July 23rd. Freedom Capital raised Alphabet from a "hold" rating to a "strong-buy" rating in a research note on Thursday, July 23rd. Canaccord Genuity Group set a $450.00 price objective on shares of Alphabet in a report on Thursday, July 23rd. Finally, TD Cowen restated a "buy" rating and issued a $475.00 target price on shares of Alphabet in a research note on Thursday, July 23rd. Six equities research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus price target of $415.55.

Alphabet Trading Up 1.5%

Shares of Alphabet stock opened at $342.88 on Friday. The company's fifty day simple moving average is $347.79 and its 200-day simple moving average is $339.97. Alphabet Inc. has a 1-year low of $206.96 and a 1-year high of $404.47. 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 stock has a market capitalization of $4.19 trillion, a PE ratio of 17.22, a P/E/G ratio of 0.95 and a beta of 1.23.

Alphabet (NASDAQ:GOOG - Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The information services provider reported $9.11 earnings per share for the quarter, topping analysts' consensus estimates of $2.87 by $6.24. The business had revenue of $119.80 billion during the quarter, compared to analyst estimates of $116.53 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The company's revenue was up 24.2% on a year-over-year basis. During the same period in the prior year, the business posted $2.31 earnings per share. As a group, equities analysts anticipate that Alphabet Inc. will post 20.51 earnings per share for the current year.

Alphabet Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 14th. Investors of record on Monday, September 7th will be issued a $0.22 dividend. 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 dividend payout ratio (DPR) is presently 4.42%.

Insider Buying and Selling

In other news, Director Frances Arnold sold 82 shares of the business's stock in a transaction on Thursday, July 30th. The shares were sold at an average price of $333.39, for a total transaction of $27,337.98. Following the completion of the sale, the director directly owned 18,914 shares of the company's stock, valued at approximately $6,305,738.46. The trade was a 0.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 value of $3,142,911.42. Following the completion of the transaction, the insider directly owned 75,290 shares in the company, valued at approximately $26,298,044.10. This trade represents a 10.68% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 451,843 shares of company stock valued at $12,343,852 over the last quarter. Company insiders own 12.99% of the company's stock.

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.

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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