Alphabet Inc. $GOOG Shares Sold by Steginsky Capital LLC

Steginsky Capital LLC decreased its position in Alphabet Inc. (NASDAQ:GOOG) by 5.7% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 650,350 shares of the information services provider’s stock after selling 38,970 shares during the quarter. Alphabet comprises 36.3% of Steginsky Capital LLC’s investment portfolio, making the stock its largest holding. Steginsky Capital LLC’s holdings in Alphabet were worth $221,600,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Castlekeep Investment Advisors LLC bought a new position in shares of Alphabet during the 2nd quarter valued at $29,000. Lifetime Wealth Management P.C. acquired a new position in Alphabet during the fourth quarter worth $38,000. Bard Associates Inc. acquired a new position in Alphabet during the fourth quarter worth $41,000. Timbuktu Capital Management LLC bought a new position in Alphabet during the second quarter valued at about $46,000. Finally, Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new stake in shares of Alphabet in the fourth quarter worth about $63,000. Institutional investors and hedge funds own 27.26% of the company’s stock.

Insiders Place Their Bets

In other Alphabet news, CAO Marsida Saraci sold 449 shares of the firm’s stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total transaction of $149,606.80. Following the sale, the chief accounting officer directly owned 27,386 shares in the company, valued at approximately $9,125,015.20. This trade represents a 1.61% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Frances Arnold sold 83 shares of the firm’s stock in a transaction on Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total transaction of $28,257.35. Following the sale, the director owned 19,076 shares in the company, valued at approximately $6,494,424.20. The trade was a 0.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 441,399 shares of company stock worth $8,677,053. Corporate insiders own 12.99% of the company’s stock.

Alphabet Trading Down 0.1%

Shares of NASDAQ GOOG traded down $0.43 during mid-day trading on Wednesday, hitting $344.16. The company’s stock had a trading volume of 5,890,546 shares, compared to its average volume of 20,433,744. Alphabet Inc. has a one year low of $236.68 and a one year high of $404.47. The company’s fifty day simple moving average is $342.68 and its 200-day simple moving average is $346.13. 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 cap of $4.21 trillion, a price-to-earnings ratio of 17.28, a price-to-earnings-growth ratio of 1.00 and a beta of 1.19.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings data on Thursday, July 23rd. The information services provider reported $9.11 EPS for the quarter, topping analysts’ consensus estimates of $2.87 by $6.24. The business had revenue of $119.80 billion during the quarter, compared to analysts’ expectations of $116.53 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.The firm’s quarterly revenue was up 24.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.31 earnings per share. On average, sell-side analysts anticipate that Alphabet Inc. will post 20.55 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 14th. Investors of record on Monday, September 7th were paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Friday, September 4th. Alphabet’s dividend payout ratio (DPR) is presently 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 Ratings Changes

Several research firms have recently issued reports on GOOG. Raymond James Financial reiterated a “strong-buy” rating on shares of Alphabet in a research note on Thursday, July 23rd. Moffett Nathanson lowered their target price on Alphabet from $380.00 to $370.00 and set a “buy” rating on the stock in a report on Wednesday, September 16th. Citic Securities boosted their price objective on shares of Alphabet from $430.00 to $434.00 and gave the stock a “buy” rating in a report on Monday, July 27th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Alphabet in a research report on Friday, July 17th. Finally, Barclays reaffirmed an “overweight” rating and set a $425.00 price objective (up from $405.00) on shares of Alphabet in a report on Thursday, July 23rd. Six analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, Alphabet presently has a consensus rating of “Buy” and a consensus target price 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.