899,992,000 Shares in Alphabet Inc. $GOOG Bought by Readystate Asset Management LP

Readystate Asset Management LP bought a new stake in Alphabet Inc. (NASDAQ:GOOG) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 899,992,000 shares of the information services provider’s stock, valued at approximately $45,414,000. Alphabet comprises approximately 1.6% of Readystate Asset Management LP’s holdings, making the stock its 9th biggest holding. Readystate Asset Management LP owned approximately 7.36% of Alphabet at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of GOOG. Denali Advisors LLC grew its stake in shares of Alphabet by 14.8% in the 2nd quarter. Denali Advisors LLC now owns 105,988 shares of the information services provider’s stock valued at $37,449,000 after purchasing an additional 13,700 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management increased its stake in shares of Alphabet by 1.0% during the fourth quarter. Gerber Kawasaki Wealth & Investment Management now owns 275,943 shares of the information services provider’s stock worth $86,596,000 after acquiring an additional 2,850 shares during the period. Heck Capital Advisors LLC increased its stake in shares of Alphabet by 298.2% during the second quarter. Heck Capital Advisors LLC now owns 22,229 shares of the information services provider’s stock worth $7,854,000 after acquiring an additional 16,647 shares during the period. Violich Capital Management Inc. raised its holdings in Alphabet by 1.0% during the fourth quarter. Violich Capital Management Inc. now owns 340,776 shares of the information services provider’s stock worth $106,936,000 after purchasing an additional 3,378 shares in the last quarter. Finally, Montchanin Asset Management LLC purchased a new position in Alphabet during the first quarter worth about $7,075,000. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the business’s stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $19.46, for a total value of $3,832,277.26. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director John Hennessy sold 1,050 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $368.63, for a total transaction of $387,061.50. Following the transaction, the director directly owned 1,481 shares in the company, valued at $545,941.03. The trade was a 41.49% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 451,925 shares of company stock worth $12,371,544. Company insiders own 12.99% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Freedom Capital raised Alphabet from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 23rd. Roth Capital upped their price objective on Alphabet from $435.00 to $440.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Rosenblatt Securities started coverage on Alphabet in a research report on Thursday, August 20th. They issued a “buy” rating for the company. Stifel Nicolaus set a $420.00 target price on Alphabet in a report on Wednesday, May 20th. Finally, KeyCorp set a $445.00 price target on shares of Alphabet in a research note on Friday, July 10th. Six investment 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 stock. Based on data from MarketBeat.com, Alphabet currently has a consensus rating of “Buy” and an average price target of $415.55.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet announced at least €13 billion (about $15.1 billion) for AI data centers and digital infrastructure in Finland during 2027–2028. The investment will support Gemini, Search, Maps and YouTube, while a 22-year agreement with Fortum for nuclear power could provide reliable, lower-carbon electricity for energy-intensive AI operations. Google to invest $15 billion AI infrastructure in Finland
• Positive Sentiment: Google Cloud and Accenture are creating a group of 1,000 engineers to help customers deploy AI agents. The initiative may accelerate enterprise adoption of Google’s cloud, AI software and custom chips, strengthening the growth outlook for the Cloud segment. Accenture and Google are teaming up to send 1,000 engineers into the field
• Positive Sentiment: Bank of America and other commentary pointed to resilient web traffic despite rising AI competition, offering reassurance that Google’s core search business has not yet been materially displaced. Bank of America Spots Reassuring Signal for Google Stock
• Neutral Sentiment: Google, Microsoft, Amazon, Meta and Anthropic joined a Canadian data-center development pledge. The agreement supports broader AI infrastructure expansion, although it does not immediately change Alphabet’s earnings outlook. HIVE joins Google, Microsoft and Amazon in new Canada data center pledge
• Negative Sentiment: The Finland commitment reinforces concerns that surging AI capital expenditures could pressure free cash flow before revenue and profits fully scale. Investors are increasingly focused on whether Alphabet can earn attractive returns on its massive infrastructure buildout. Alphabet’s ROIC Is Strong, but Is GOOGL Stock a Buy Now?
• Negative Sentiment: Alphabet warned that changes to European search results required by the Digital Markets Act could reduce search quality and increase costs for businesses, creating potential pressure on user engagement, monetization and regulatory expenses. Google warns of lower quality as it revamps Europe search results
• Negative Sentiment: Meta’s launch of its paid Muse AI agent heightened fears that autonomous assistants could bypass traditional search pages and weaken Alphabet’s search advertising model. Separately, delays affecting Alphabet and Blackstone’s Project Braid data-center venture underscore execution risks in the AI expansion. Meta rises as Muse AI agent arrives

Alphabet Price Performance

GOOG stock opened at $328.38 on Thursday. Alphabet Inc. has a 1 year low of $236.58 and a 1 year high of $404.47. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. The stock’s 50 day moving average price is $345.69 and its 200 day moving average price is $341.58. The firm has a market cap of $4.02 trillion, a P/E ratio of 16.49, a PEG ratio of 0.97 and a beta of 1.21.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings results on Thursday, July 23rd. The information services provider reported $9.11 earnings per share for the quarter, topping the consensus estimate of $2.87 by $6.24. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.The company had revenue of $119.80 billion during the quarter, compared to the consensus estimate of $116.53 billion. During the same quarter last year, the business posted $2.31 earnings per share. Alphabet’s revenue was up 24.2% compared to the same quarter last year. On average, sell-side analysts expect that Alphabet Inc. will post 20.5 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 14th. Investors of record on Monday, September 7th will be given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Friday, September 4th. Alphabet’s dividend payout ratio (DPR) is currently 4.42%.

Alphabet Profile

Alphabet Inc is a technology holding company best known as the parent company of Google. It was established in 2015 as part of a corporate restructuring intended to separate Google’s core internet businesses from a collection of other ventures. Google remains Alphabet’s largest business and serves users, advertisers, businesses and developers worldwide.

Google’s principal products and services include its internet search engine, online advertising platforms, YouTube, Android, Chrome, Google Maps, Google Play and Google Photos.