Tiptree Advisors LLC Sells 21,873 Shares of Alphabet Inc. $GOOGL

Tiptree Advisors LLC cut its stake in Alphabet Inc. (NASDAQ:GOOGL) by 36.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 38,827 shares of the information services provider’s stock after selling 21,873 shares during the period. Alphabet comprises approximately 8.6% of Tiptree Advisors LLC’s portfolio, making the stock its 2nd largest position. Tiptree Advisors LLC’s holdings in Alphabet were worth $13,876,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. Lifetime Wealth Management P.C. purchased a new stake in shares of Alphabet in the 4th quarter valued at about $32,000. EMC Capital Management purchased a new position in Alphabet during the 4th quarter worth approximately $33,000. IFC & Insurance Marketing Inc. purchased a new position in Alphabet during the 4th quarter worth approximately $38,000. Bard Associates Inc. acquired a new position in Alphabet during the fourth quarter worth approximately $52,000. Finally, iSAM Funds UK Ltd acquired a new position in Alphabet during the third quarter worth approximately $53,000. Institutional investors and hedge funds own 40.03% of the company’s stock.

Alphabet Trading Up 0.6%

NASDAQ:GOOGL opened at $332.60 on Friday. The firm has a market cap of $4.07 trillion, a P/E ratio of 16.71, a PEG ratio of 0.96 and a beta of 1.22. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16. The stock’s 50 day simple moving average is $347.18 and its 200-day simple moving average is $343.69. Alphabet Inc. has a 12-month low of $235.84 and a 12-month high of $408.61.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, topping the consensus estimate of $2.89 by $6.22. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.The business had revenue of $119.80 billion during the quarter, compared to analysts’ expectations of $117.07 billion. Equities analysts anticipate that Alphabet Inc. will post 20.5 EPS for the current year.

Alphabet Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 14th. Shareholders of record on Monday, September 7th will be paid a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Friday, September 4th. Alphabet’s payout ratio is currently 4.42%.

Wall Street Analyst Weigh In

GOOGL has been the subject of several research analyst reports. KeyCorp increased their price objective on Alphabet from $425.00 to $445.00 and gave the company an “overweight” rating in a report on Friday, July 10th. Needham & Company LLC reaffirmed a “buy” rating and issued a $450.00 target price on shares of Alphabet in a report on Wednesday, June 3rd. DA Davidson set a $350.00 price target on shares of Alphabet and gave the company a “neutral” rating in a research report on Thursday, July 23rd. Jefferies Financial Group reiterated a “buy” rating on shares of Alphabet in a research note on Monday, June 22nd. Finally, BMO Capital Markets set a $465.00 price objective on shares of Alphabet and gave the stock an “outperform” rating in a research report on Thursday, July 23rd. Five research analysts have rated the stock with a Strong Buy rating, forty-five have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $420.19.

Insider Activity

In other news, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of Alphabet stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $19.46, for a total value of $3,832,277.26. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider John Walker sold 8,998 shares of the business’s stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $349.29, for a total transaction of $3,142,911.42. Following the transaction, the insider owned 75,290 shares in the company, valued at approximately $26,298,044.10. This trade represents a 10.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 451,925 shares of company stock worth $12,371,544 in the last 90 days. Corporate insiders own 11.61% of the company’s stock.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google announced plans to invest at least €13 billion (about $15 billion) in AI infrastructure and data centers in Finland over the next two years. The investment should expand capacity for Gemini, Search, Maps and YouTube while positioning Finland as a strategic, cooler-cost data-center hub. Google to invest $15 billion AI infrastructure in Finland
• Positive Sentiment: Alphabet agreed to purchase a large share of a Finnish nuclear plant’s output through 2049. The long-term contract could make electricity costs more predictable and strengthen Google’s ability to power energy-intensive AI operations. Google nuclear power agreement
• Positive Sentiment: Accenture and Google Cloud are creating a group with 1,000 engineers to help customers deploy AI agents. The arrangement could accelerate enterprise adoption of Google Cloud and support future cloud revenue growth. Accenture and Google AI partnership
• Positive Sentiment: Analysts and market commentary remain constructive on Alphabet’s AI, cloud and quantum-computing exposure. Recent coverage also points to strong prior earnings and valuation support after the stock pulled back from its highs. Hyperscalers bet on AI and quantum
• Neutral Sentiment: Google introduced an easier Android password-manager migration process and agreed to buy one million rice-methane carbon credits from India’s Mitti Labs. These moves may support ecosystem engagement and sustainability goals but are unlikely to materially affect near-term financial results. Google Android password manager update
• Negative Sentiment: Investors remain concerned that heavy AI infrastructure spending will pressure free cash flow and returns on invested capital, despite strong Google Cloud growth. Alphabet ROIC and AI capital spending
• Negative Sentiment: Meta’s new paid AI agent, Muse, raised concerns that autonomous agents could bypass traditional search pages and reduce search advertising opportunities. Cathie Wood’s ARK Invest also reduced its Alphabet position while buying Meta shares, adding a negative sentiment signal. Meta Muse AI agent and Alphabet shares
• Negative Sentiment: Finnish opposition parties warned that Google’s expansion could strain local power supplies and raise energy prices, creating potential permitting and execution risks for the planned data-center buildout. Finland power-supply concerns

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.