Markowski Investments Buys Shares of 33,347 Alphabet Inc. $GOOGL

Key Points

• Markowski Investments purchased 33,347 Alphabet shares worth approximately $11.9 million during the second quarter, making Alphabet its 14th-largest holding and representing 2.6% of its portfolio.
• Analysts remain broadly bullish, with Alphabet receiving an average “Buy” rating and an average price target of $422.16, despite one recent downgrade to “Hold.” The company also reported quarterly revenue of $119.8 billion and EPS of $9.11, both ahead of expectations.
• Alphabet’s outlook is supported by AI, cloud and other growth initiatives, while risks include heavy AI infrastructure spending, ongoing ad-tech regulatory remedies, insider selling and higher interest rates.

Markowski Investments purchased a new position in Alphabet Inc. (NASDAQ:GOOGL - Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 33,347 shares of the information services provider's stock, valued at approximately $11,917,000. Alphabet comprises approximately 2.6% of Markowski Investments' investment portfolio, making the stock its 14th largest position.

A number of other institutional investors have also made changes to their positions in GOOGL. Strategic Wealth Advisors LLC increased its stake in shares of Alphabet by 6.0% in the 1st quarter. Strategic Wealth Advisors LLC now owns 477 shares of the information services provider's stock valued at $137,000 after acquiring an additional 27 shares during the last quarter. Rockbridge Investment Management LCC raised its position in shares of Alphabet by 0.5% in the 1st quarter. Rockbridge Investment Management LCC now owns 5,460 shares of the information services provider's stock valued at $1,570,000 after acquiring an additional 27 shares during the period. Ruggaard & Associates LLC boosted its stake in Alphabet by 0.9% during the 1st quarter. Ruggaard & Associates LLC now owns 2,921 shares of the information services provider's stock worth $840,000 after acquiring an additional 27 shares during the last quarter. Cadia Private Client LLC boosted its stake in Alphabet by 1.1% during the 1st quarter. Cadia Private Client LLC now owns 2,589 shares of the information services provider's stock worth $744,000 after acquiring an additional 28 shares during the last quarter. Finally, Evansbrook LLC grew its holdings in Alphabet by 0.3% during the first quarter. Evansbrook LLC now owns 9,522 shares of the information services provider's stock valued at $2,738,000 after purchasing an additional 28 shares during the period. 40.03% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

GOOGL has been the subject of several recent analyst reports. BMO Capital Markets set a $465.00 target price on shares of Alphabet and gave the company an "outperform" rating in a research note on Thursday, July 23rd. Wall Street Zen lowered shares of Alphabet from a "buy" rating to a "hold" rating in a report on Saturday, August 1st. Pivotal Research restated a "buy" rating and issued a $475.00 price objective (up from $470.00) on shares of Alphabet in a research report on Thursday, July 23rd. Truist Financial set a $420.00 price objective on Alphabet and gave the stock a "buy" rating in a research note on Thursday, July 23rd. Finally, Wedbush reiterated an "outperform" rating and set a $445.00 target price on shares of Alphabet in a report on Thursday, July 23rd. Five equities research analysts have rated the stock with a Strong Buy rating, forty-five have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, Alphabet has an average rating of "Buy" and an average target price of $422.16.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google avoided an ad-tech breakup. A federal judge ordered behavioral remedies, including changes to auction rules, data sharing and an antitrust monitor, but rejected the Justice Department’s request to split up the business. The decision limits the immediate threat to Alphabet’s advertising revenue, although the company plans to appeal. Judge Orders Data Sharing and Other Fixes to Solve Google's Ad Tech Monopoly
• Positive Sentiment: AI infrastructure momentum remains strong. Alphabet and Blackstone’s Crux AI cloud venture is reportedly receiving a $22 billion chip loan from a group of banks, supporting purchases of Google’s tensor processing units and potential expansion of cloud capacity. Banks provide $22 billion chip loan to Blackstone, Alphabet cloud venture
• Positive Sentiment: New AI partnerships broaden Alphabet’s commercial opportunity. Google is working with the United Nations to make global data more accessible to AI agents, while retailers including Coach and Kate Spade can enable shopping through Gemini and Google Search. Google DeepMind also launched an institute focused on advancing the AGI debate. UN turns to Google to make its global data ready for AI agents
• Positive Sentiment: Cloud and other growth businesses support the bullish case. Commentary highlighted Google Cloud’s rapid growth, a large backlog and strong cash generation. Waymo’s restarted San Antonio robotaxi service and a new Google-Nvidia-Emerald AI energy alliance also point to longer-term opportunities in autonomous transport and data-center infrastructure. The Biggest Catalyst for Alphabet Stock May Not Be Search
• Neutral Sentiment: Market conditions could remain challenging. The Federal Reserve’s 25-basis-point rate increase raises the discount rate applied to long-duration technology stocks, though Alphabet’s substantial cash flow and strong balance sheet may provide some protection.
• Negative Sentiment: AI spending and regulation remain key risks. Analysts noted that heavy investment in AI infrastructure is pressuring free cash flow, while the ad-tech remedies could still reduce auction flexibility and expose Alphabet to ongoing compliance costs. GOOGL Down 7% in the Past 3 Months

Insider Transactions at Alphabet

In other news, Director Frances Arnold sold 82 shares of the company's stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $337.71, for a total transaction of $27,692.22. Following the sale, the director owned 18,995 shares in the company, valued at $6,414,801.45. This represents a 0.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CAO Marsida Saraci sold 449 shares of the stock in a transaction that occurred 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 completion of the sale, the chief accounting officer directly owned 27,386 shares of the company's stock, valued at approximately $9,125,015.20. The trade was a 1.61% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 450,875 shares of company stock worth $11,984,482 in the last 90 days. Corporate insiders own 11.61% of the company's stock.

Alphabet Trading Up 1.3%

Shares of NASDAQ:GOOGL opened at $347.33 on Friday. The firm has a market cap of $4.25 trillion, a price-to-earnings ratio of 17.45, a PEG ratio of 0.99 and a beta of 1.22. Alphabet Inc. has a 12 month low of $235.84 and a 12 month high of $408.61. The company's fifty day simple moving average is $345.35 and its 200 day simple moving average is $344.88. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16.

Alphabet (NASDAQ:GOOGL - Get Free Report) last released its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.89 by $6.22. The firm had revenue of $119.80 billion during the quarter, compared to analysts' expectations of $117.07 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. As a group, research analysts forecast that Alphabet Inc. will post 20.51 EPS for the current fiscal year.

Alphabet Dividend Announcement

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

Alphabet Profile

Alphabet Inc is a technology and holding company founded in 2015 through a restructuring of Google. The company is headquartered in Mountain View, California, and operates globally, serving consumers, businesses, advertisers and developers across numerous countries and regions.

Alphabet's largest business is Google Services, which includes Google Search, online advertising, YouTube, Android, Chrome, Google Maps, Google Play and hardware products such as Pixel devices. These products support activities including internet search, digital content distribution, mobile computing, online communications and advertising.

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