Alphabet Inc. $GOOGL Stock Sold by Eleva Capital SAS

Eleva Capital SAS lessened its holdings in Alphabet Inc. (NASDAQ:GOOGL) by 24.5% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 21,105 shares of the information services provider’s stock after selling 6,862 shares during the period. Alphabet makes up about 6.1% of Eleva Capital SAS’s investment portfolio, making the stock its 8th largest position. Eleva Capital SAS’s holdings in Alphabet were worth $7,262,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Lifetime Wealth Management P.C. acquired a new stake in shares of Alphabet during the fourth quarter worth $32,000. EMC Capital Management purchased a new position in Alphabet in the 4th quarter valued at $33,000. Core Capital Management & Research inc. acquired a new stake in shares of Alphabet in the second quarter valued at approximately $41,000. Premier Financial Group acquired a new position in Alphabet in the 2nd quarter valued at about $45,000. Finally, Bard Associates Inc. acquired a new stake in shares of Alphabet during the 4th quarter worth about $52,000. 40.03% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Alphabet

In related news, CAO Marsida Saraci sold 449 shares of Alphabet stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total value of $149,606.80. Following the transaction, the chief accounting officer owned 27,386 shares in the company, valued at $9,125,015.20. This trade represents a 1.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the 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. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 441,399 shares of company stock valued at $8,677,053. Insiders own 11.61% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. Jefferies Financial Group reissued a “buy” rating on shares of Alphabet in a report on Monday, June 22nd. Zacks Research downgraded shares of Alphabet from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 11th. Pivotal Research reiterated a “buy” rating and set a $475.00 target price (up from $470.00) on shares of Alphabet in a report on Thursday, July 23rd. Cantor Fitzgerald reissued an “overweight” rating and issued a $420.00 target price (down from $435.00) on shares of Alphabet in a research report on Thursday, July 23rd. Finally, KeyCorp raised their price objective on Alphabet from $425.00 to $445.00 and gave the company an “overweight” rating in a research report on Friday, July 10th. Five research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $425.72.

Alphabet Price Performance

NASDAQ GOOGL traded up $0.81 during trading hours on Tuesday, reaching $347.28. 8,674,001 shares of the company’s stock were exchanged, compared to its average volume of 30,806,258. Alphabet Inc. has a one year low of $235.84 and a one year high of $408.61. The stock has a market cap of $4.25 trillion, a PE ratio of 17.44, a price-to-earnings-growth ratio of 0.99 and a beta of 1.21. 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 firm has a fifty day moving average of $345.14 and a 200-day moving average of $348.25.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share for the quarter, topping analysts’ consensus estimates of $2.89 by $6.22. The firm had revenue of $119.80 billion during the quarter, compared to the consensus estimate of $117.07 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. On average, equities research analysts predict 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. Stockholders of record on Monday, September 7th were issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Friday, September 4th. Alphabet’s payout ratio is presently 4.42%.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s Google signed a 20-year power-purchase agreement with Constellation Energy for 890 megawatts of nuclear power. The deal is intended to support growing AI data-center demand and fund efficiency upgrades at 11 existing nuclear units, improving Alphabet’s access to reliable electricity. Google strikes 20-year Constellation deal to add 890MW of nuclear power
• Positive Sentiment: Google Cloud reportedly delivered 82% revenue growth, strengthening the investment case that cloud and AI services can become a larger profit engine. Some analysts argue that Alphabet’s shares remain discounted relative to their estimated upside, particularly given the company’s lower valuation than some other large AI stocks. Alphabet Has the Biggest Upside in the Mag 7 Right Now
• Positive Sentiment: Alphabet unveiled Gemini 4 Argon, positioning the model for complex enterprise tasks such as software engineering, cybersecurity and financial research. Successful adoption could support paid subscriptions, cloud demand and AI monetization across several businesses. Tech Bytes: Google unveils Gemini 4 Argon
• Neutral Sentiment: Commentary remains favorable toward Alphabet because it can monetize AI through advertising, cloud contracts and subscriptions. However, investors are also monitoring rapidly rising infrastructure spending; Alphabet reportedly spent $44.92 billion on capital expenditures in the second quarter, creating pressure to convert AI investment into sustained returns. AI Is Burning Through More Money Than Any Technology Boom in History
• Negative Sentiment: Several law firms publicized securities-fraud class actions concerning alleged misstatements about Gemini 3.5 Pro’s development and launch timing. The claims relate to a prior stock decline and could create legal costs, although the lawsuits remain allegations and their ultimate financial impact is uncertain. Alphabet Shareholder Securities-Fraud Class Action
• Negative Sentiment: A federal judge also allowed a roughly $3.2 billion ad-tech damages claim to proceed to trial. Potential treble damages under antitrust law increase the headline risk, though no judgment has been entered. Google Faces a $3.2 Billion Ad-Tech Damages Claim

About Alphabet

Alphabet Inc is a technology and internet services company best known as the parent company of Google. Its primary business, Google Services, includes online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a range of hardware and subscription products.

Alphabet also operates Google Cloud, which provides infrastructure, data analytics, cybersecurity, productivity software, and artificial intelligence services to businesses, governments, and other organizations.