MRA Advisory Group Sells 3,827 Shares of Alphabet Inc. $GOOG

MRA Advisory Group decreased its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 55.2% in the 3rd quarter, Holdings Channel.com reports. The firm owned 3,102 shares of the information services provider’s stock after selling 3,827 shares during the quarter. MRA Advisory Group’s holdings in Alphabet were worth $1,057,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in GOOG. Readystate Asset Management LP purchased a new stake in shares of Alphabet during the 2nd quarter worth approximately $45,352,000. BlackRock Inc. grew its position in shares of Alphabet by 1.4% in the 2nd quarter. BlackRock Inc. now owns 369,922,502 shares of the information services provider’s stock valued at $130,704,718,000 after buying an additional 5,164,200 shares during the last quarter. State Street Corp raised its stake in Alphabet by 2.8% during the 2nd quarter. State Street Corp now owns 190,923,442 shares of the information services provider’s stock worth $67,458,980,000 after acquiring an additional 5,208,690 shares in the last quarter. Auto Owners Insurance Co raised its stake in Alphabet by 38,409.2% during the 4th quarter. Auto Owners Insurance Co now owns 179,836,276 shares of the information services provider’s stock worth $5,643,262,000 after acquiring an additional 179,369,280 shares in the last quarter. Finally, Janus Henderson Group PLC lifted its position in Alphabet by 2.1% in the fourth quarter. Janus Henderson Group PLC now owns 24,595,622 shares of the information services provider’s stock valued at $7,693,281,000 after acquiring an additional 508,718 shares during the last quarter. 27.26% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Alphabet

In other news, Director Frances Arnold sold 83 shares of the business’s stock in a transaction that occurred on Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total value of $28,257.35. Following the transaction, the director owned 19,076 shares of the company’s stock, valued at approximately $6,494,424.20. The trade was a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the company’s stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $19.46, for a total value of $3,832,277.26. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 441,399 shares of company stock worth $8,677,053. 12.99% of the stock is currently owned by insiders.

Alphabet Stock Performance

Shares of NASDAQ:GOOG traded down $0.43 on Wednesday, reaching $344.16. The company’s stock had a trading volume of 5,890,546 shares, compared to its average volume of 20,433,744. The stock’s 50-day moving average is $342.68 and its two-hundred day moving average is $346.13. Alphabet Inc. has a 52-week low of $236.68 and a 52-week high of $404.47. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. The stock has a market capitalization of $4.21 trillion, a P/E ratio of 17.28, a PEG ratio of 1.00 and a beta of 1.19.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings results on Thursday, July 23rd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.87 by $6.24. The firm had revenue of $119.80 billion for the quarter, compared to analyst estimates of $116.53 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.The business’s revenue was up 24.2% on a year-over-year basis. During the same quarter last year, the company posted $2.31 earnings per share. As a group, sell-side analysts forecast that Alphabet Inc. will post 20.55 EPS for the current year.

Alphabet Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 14th. Shareholders of record on Monday, September 7th were paid a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Friday, September 4th. Alphabet’s dividend payout ratio (DPR) is 4.42%.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet and Constellation Energy agreed to long-term nuclear-power arrangements supporting roughly 3,590 megawatts for Google’s data centers. The agreement strengthens Alphabet’s ability to secure reliable electricity for AI infrastructure and signals confidence in sustained AI demand. Google and Constellation nuclear agreement
• Positive Sentiment: Google is partnering with Unity on an AI-powered game-creation platform that could expand the reach of Google AI and create new engagement opportunities across its ecosystem. The announcement also highlights Alphabet’s broader push to commercialize AI beyond Search and Cloud. Google and Unity AI gaming partnership
• Positive Sentiment: Analyst and investor commentary remains broadly bullish, citing resilient Search advertising, rapid Cloud growth, strong profitability and a comparatively modest valuation. Reported price targets generally range from approximately $416 to $450, above recent trading levels. Alphabet price target commentary
• Neutral Sentiment: Alphabet launched SynthID, a public tool for identifying AI-generated images, video and audio. The product may support trust and safety initiatives, although near-term revenue impact is unclear. Google SynthID website
• Negative Sentiment: Construction on two Google data centers in Finland was ordered halted pending environmental-impact assessments, creating potential delays and highlighting permitting risks for Alphabet’s capital-intensive AI expansion. Google Finland data center halt
• Negative Sentiment: Alphabet continues to face securities-fraud and Play Store antitrust litigation tied to alleged disclosures about Gemini development and app-store fees. The lawsuits may increase legal costs, damages exposure and regulatory uncertainty, though the repeated law-firm announcements do not represent new judgments against the company. Alphabet Play Store antitrust lawsuit

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. China Renaissance dropped their price objective on Alphabet from $485.00 to $445.00 and set a “buy” rating on the stock in a report on Friday, July 24th. DZ Bank raised Alphabet from a “buy” rating to a “strong-buy” rating in a report on Thursday, July 23rd. New Street Research dropped their price target on Alphabet from $455.00 to $405.00 and set a “buy” rating on the stock in a research note on Friday, July 24th. TD Cowen reaffirmed a “buy” rating and set a $475.00 price target on shares of Alphabet in a research report on Thursday, July 23rd. Finally, Rosenblatt Securities started coverage on Alphabet in a research note on Thursday, August 20th. They issued a “buy” rating for the company. Six investment analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $420.07.

Alphabet Profile

Alphabet Inc is a technology holding company best known as the parent company of Google. Established in 2015 through a corporate restructuring, Alphabet oversees Google and a collection of businesses focused on technology, innovation and emerging industries. Sundar Pichai serves as Alphabet’s chief executive officer and also leads Google.

Google is Alphabet’s primary business and operates an internet ecosystem that includes Google Search, online advertising, YouTube, Android, Chrome, Google Maps, Google Play and Google Photos.