Quantbot Technologies LP lowered its stake in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 65.4% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,951 shares of the information services provider's stock after selling 15,046 shares during the period. Quantbot Technologies LP's holdings in Alphabet were worth $2,809,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also modified their holdings of GOOG. Madison Wealth Partners Inc increased its stake in shares of Alphabet by 12.6% in the second quarter. Madison Wealth Partners Inc now owns 5,198 shares of the information services provider's stock worth $1,836,000 after acquiring an additional 580 shares during the last quarter. Aufman Associates Inc raised its holdings in shares of Alphabet by 38.5% during the second quarter. Aufman Associates Inc now owns 9,822 shares of the information services provider's stock worth $3,471,000 after acquiring an additional 2,732 shares in the last quarter. Westpac Banking Corp boosted its position in Alphabet by 8.7% during the second quarter. Westpac Banking Corp now owns 44,002 shares of the information services provider's stock valued at $15,547,000 after purchasing an additional 3,504 shares during the last quarter. TRB Wealth Management LLC boosted its position in Alphabet by 4.3% during the second quarter. TRB Wealth Management LLC now owns 6,336 shares of the information services provider's stock valued at $2,239,000 after purchasing an additional 261 shares during the last quarter. Finally, William Blair Investment Management LLC grew its stake in Alphabet by 171.7% in the second quarter. William Blair Investment Management LLC now owns 2,785 shares of the information services provider's stock valued at $984,000 after purchasing an additional 1,760 shares in the last quarter. 27.26% of the stock is currently owned by hedge funds and other institutional investors.
Insider Transactions at Alphabet
In other news, insider John Kent Walker sold 8,998 shares of Alphabet stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $349.29, for a total transaction of $3,142,911.42. Following the sale, the insider directly owned 75,290 shares in the company, valued at approximately $26,298,044.10. The trade was a 10.68% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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 transaction of $387,061.50. Following the completion of the transaction, the director directly owned 1,481 shares of the company's stock, valued at $545,941.03. This trade represents a 41.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 451,843 shares of company stock valued at $12,343,852. Company insiders own 12.99% of the company's stock.
Alphabet Stock Performance
NASDAQ:GOOG opened at $342.88 on Friday. The firm's 50-day moving average is $347.79 and its 200-day moving average is $339.97. The company has a market cap of $4.19 trillion, a price-to-earnings ratio of 17.22, a PEG ratio of 0.95 and a beta of 1.23. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. Alphabet Inc. has a 52-week low of $206.96 and a 52-week high of $404.47.
Alphabet (NASDAQ:GOOG - Get Free Report) last released its 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 for the quarter, compared to the consensus estimate of $116.53 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.The firm's revenue for the quarter was up 24.2% compared to the same quarter last year. During the same period last year, the business earned $2.31 earnings per share. Equities research analysts anticipate that Alphabet Inc. will post 20.51 earnings per share for the current year.
Alphabet Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, September 14th. Investors 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 presently 4.42%.
Alphabet News Summary
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 Ratings Changes
Several brokerages have recently issued reports on GOOG. DZ Bank upgraded Alphabet to a "strong-buy" rating in a report on Thursday, July 23rd. Wolfe Research reiterated an "outperform" rating on shares of Alphabet in a report on Thursday. HSBC set a $515.00 price target on shares of Alphabet in a research report on Friday, August 14th. Oppenheimer reiterated an "outperform" rating and issued a $400.00 target price (down from $445.00) on shares of Alphabet in a research note on Thursday, July 23rd. Finally, Cantor Fitzgerald reiterated an "overweight" rating and issued a $420.00 target price (down from $435.00) on shares of Alphabet in a report on Thursday, July 23rd. Six investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of $415.55.
Get Our Latest Report on GOOG
About Alphabet
(
Free Report)
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.
Further Reading
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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