Susquehanna Advisors Group Inc. Buys Shares of 350,000 Alphabet Inc. $GOOG

Key Points

• Susquehanna Advisors Group acquired 350,000 Alphabet shares worth approximately $17.6 million in the second quarter, making GOOG about 0.3% of its portfolio. Institutional investors and hedge funds collectively own 27.26% of Alphabet.
• Alphabet reported strong quarterly results, with revenue up 24.2% year over year to $119.8 billion and EPS of $9.11, far exceeding analysts’ $2.87 estimate. Analysts maintain a broadly positive outlook, with a consensus “Buy” rating and a $415.55 price target.
• Alphabet declared a quarterly dividend of $0.22 per share, equivalent to $0.88 annually and a 0.3% yield. The stock opened at $335.31, below both its 50-day and 200-day moving averages.

Susquehanna Advisors Group Inc. bought a new stake in Alphabet Inc. (NASDAQ:GOOG - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 350,000 shares of the information services provider's stock, valued at approximately $17,605,000. Alphabet makes up about 0.3% of Susquehanna Advisors Group Inc.'s investment portfolio, making the stock its 27th largest position.

Several other hedge funds also recently bought and sold shares of GOOG. Castlekeep Investment Advisors LLC acquired a new stake in Alphabet during the 2nd quarter worth $29,000. Lifetime Wealth Management P.C. bought a new stake in shares of Alphabet in the fourth quarter worth about $38,000. Imprint Wealth LLC acquired a new stake in shares of Alphabet during the third quarter worth about $31,000. Bard Associates Inc. acquired a new stake in shares of Alphabet during the fourth quarter worth about $41,000. Finally, Commonwealth Retirement Investments LLC bought a new position in shares of Alphabet during the 4th quarter valued at about $45,000. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Alphabet Stock Down 1.1%

Shares of GOOG stock opened at $335.31 on Friday. The firm's fifty day moving average price is $346.96 and its two-hundred day moving average price is $340.71. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a 1 year low of $232.38 and a 1 year high of $404.47. The firm has a market capitalization of $4.10 trillion, a P/E ratio of 16.84, a PEG ratio of 0.98 and a beta of 1.21.

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 (EPS) for the quarter, beating analysts' consensus estimates of $2.87 by $6.24. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.The business had revenue of $119.80 billion for the quarter, compared to the consensus estimate of $116.53 billion. During the same quarter in the previous year, the business earned $2.31 earnings per share. Alphabet's quarterly revenue was up 24.2% on a year-over-year basis. On average, equities analysts predict that Alphabet Inc. will post 20.5 EPS for the current fiscal year.

Alphabet Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 14th. Stockholders of record on Monday, September 7th will be issued a $0.22 dividend. 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 is presently 4.42%.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s AI expansion remains the main bullish catalyst. WeatherNext 3 is being integrated into Search, Maps and Gemini, while new voice-driven Gemini features are rolling out in Gmail, Docs and Keep, creating potential for broader user engagement and monetization. Alphabet Just Gave Search, Maps and Gemini a New AI Advantage
• Positive Sentiment: Analyst optimism is building around Google Cloud, AI services, hardware and long-term earnings growth. Wolfe Research named Alphabet a top pick for 2027, while other coverage highlights strong recent Cloud growth and a median price target well above current trading levels. Alphabet Stock Opinions on Strong Cloud Growth Prospects
• Positive Sentiment: A federal judge declined to force a breakup of Google’s ad-technology business, reducing the most severe regulatory risk, although operational restrictions remain. The decision also supports Alphabet’s ability to retain its existing ad-tech infrastructure. Google Spared From Ad-Business Breakup
• Neutral Sentiment: Alphabet’s clean-energy partnerships, including Google-backed battery storage and geothermal projects, strengthen power availability for data centers but are unlikely to materially affect near-term earnings. Google’s New Energy Project Gives Eos Energy a Key Technology Validation
• Negative Sentiment: Investors remain concerned that Alphabet’s roughly $44.9 billion quarterly capital expenditure pushed free cash flow negative for the first time since its IPO. The spending may support future AI and Cloud returns, but it increases execution risk and weighs on near-term valuation. 3 Stocks Built for Higher Rates
• Negative Sentiment: Stronger-than-expected employment data lifted Treasury yields and reduced expectations for near-term rate cuts, pressuring large technology stocks. Alphabet also faces investor concern over delayed Gemini releases, ongoing ad-tech remedies, and shareholder securities-fraud investigations. Securities Fraud Investigation Into Alphabet

Insider Activity

In related news, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the business's stock in a transaction on Monday, July 27th. The shares were sold at an average price of $19.46, for a total transaction of $3,832,277.26. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Kent Walker sold 8,998 shares of the company's 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 completion of 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 ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 451,925 shares of company stock valued at $12,371,544 over the last three months. Corporate insiders own 12.99% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on GOOG. BMO Capital Markets increased their target price on Alphabet from $455.00 to $465.00 and gave the stock an "outperform" rating in a research note on Thursday, July 23rd. Freedom Capital upgraded shares of Alphabet from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 23rd. HSBC set a $515.00 price objective on shares of Alphabet in a report on Friday, August 14th. Oppenheimer reaffirmed 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 reissued an "overweight" rating and issued a $420.00 price target (down from $435.00) on shares of Alphabet in a research note on Thursday, July 23rd. Six research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Buy" and a consensus target price of $415.55.

Alphabet Company Profile

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.

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