GAMMA Investing LLC Purchases 12,040 Shares of Alphabet Inc. $GOOG

GAMMA Investing LLC increased its position in Alphabet Inc. (NASDAQ:GOOG) by 9.8% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 135,341 shares of the information services provider’s stock after purchasing an additional 12,040 shares during the period. Alphabet accounts for about 1.8% of GAMMA Investing LLC’s holdings, making the stock its 7th biggest holding. GAMMA Investing LLC’s holdings in Alphabet were worth $47,820,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Providence Wealth Advisors LLC grew its position in shares of Alphabet by 0.3% during the first quarter. Providence Wealth Advisors LLC now owns 10,508 shares of the information services provider’s stock worth $3,094,000 after acquiring an additional 29 shares during the last quarter. One Charles Private Wealth Services LLC boosted its stake in Alphabet by 0.6% during the 1st quarter. One Charles Private Wealth Services LLC now owns 4,844 shares of the information services provider’s stock worth $1,390,000 after purchasing an additional 29 shares during the period. Wisconsin Wealth Advisors LLC boosted its stake in Alphabet by 1.3% during the 2nd quarter. Wisconsin Wealth Advisors LLC now owns 2,223 shares of the information services provider’s stock worth $785,000 after purchasing an additional 29 shares during the period. Ring Mountain Capital LLC grew its position in Alphabet by 0.9% during the 4th quarter. Ring Mountain Capital LLC now owns 3,554 shares of the information services provider’s stock worth $1,174,000 after purchasing an additional 30 shares during the last quarter. Finally, Cannon Financial Strategists Inc. increased its stake in Alphabet by 1.9% in the fourth quarter. Cannon Financial Strategists Inc. now owns 1,589 shares of the information services provider’s stock valued at $499,000 after purchasing an additional 30 shares during the period. 27.26% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Alphabet

In related news, CAO Marsida Saraci sold 449 shares of the business’s stock in a transaction dated 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 owned 27,386 shares of the company’s stock, valued at approximately $9,125,015.20. The trade was a 1.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Frances Arnold sold 82 shares of the company’s stock in a transaction dated Thursday, July 30th. The stock was sold at an average price of $333.39, for a total transaction of $27,337.98. Following the transaction, the director owned 18,914 shares in the company, valued at $6,305,738.46. The trade was a 0.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 600,547 shares of company stock worth $16,255,540 over the last three months. 12.99% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on GOOG shares. Stifel Nicolaus set a $420.00 price target on Alphabet in a report on Wednesday, May 20th. Wells Fargo & Company decreased their price objective on Alphabet from $418.00 to $411.00 and set an “overweight” rating for the company in a research report on Thursday, July 23rd. Citigroup reiterated a “market outperform” rating on shares of Alphabet in a research note on Wednesday, July 22nd. UBS Group reissued a “neutral” rating and issued a $379.00 target price (down from $400.00) on shares of Alphabet in a report on Thursday, July 23rd. Finally, Scotiabank reissued an “outperform” rating and issued a $450.00 target price (up from $400.00) on shares of Alphabet in a report on Thursday, April 30th. Seven research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $410.09.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Strong earnings and cloud momentum remain the primary catalyst. Alphabet reported quarterly revenue of $119.8 billion, up 24% year over year, while Google Cloud revenue reportedly surged 82% to $24.8 billion. Its $514 billion cloud backlog and broad Gemini Enterprise adoption support the view that AI spending is beginning to generate commercial returns. Alphabet: The $514 Billion Backlog Doesn’t Lie
• Positive Sentiment: Alphabet is gaining exposure to several AI growth markets. MediaTek is targeting 15%–20% of the estimated $80 billion custom AI-chip market in 2027, potentially creating an opportunity for Alphabet’s cloud infrastructure. Separately, SpaceX said new computing deals with Google and Anthropic contributed to sharply higher revenue, highlighting demand for Google’s AI-related capacity. MediaTek Wants 20% of Custom AI Chips
• Positive Sentiment: Waymo is providing another long-term growth narrative. Alphabet’s self-driving subsidiary opened its Dallas robotaxi service to the public, while a separate analysis found Waymo vehicles crash substantially less often than human-driven vehicles. Wider availability and safety data could improve investor confidence in Waymo’s commercialization prospects. Waymo Opens Robotaxi Service in Dallas
• Neutral Sentiment: White House discussions may shape Alphabet’s AI regulatory environment. Google, OpenAI, Anthropic and Meta representatives met with Trump administration advisers regarding voluntary safety testing and a proposed AI oversight framework. The outcome could affect development costs, product launches and competitive dynamics, but no immediate policy change was announced. AI Companies Meet With White House
• Negative Sentiment: Investors remain concerned about the scale and payoff of AI investment. Alphabet is among several technology companies facing approximately $1.09 trillion in future data-center lease commitments, while a Google executive warned that heavy AI spending could create a temporary revenue gap. Comparable AI models from DeepSeek are also reportedly matching Gemini performance at far lower testing costs, raising pricing and margin concerns. AI Data-Center Lease Burden
• Negative Sentiment: Legal and governance headlines add pressure. Pomerantz LLP announced an investigation into potential claims on behalf of Alphabet investors. The announcement does not establish wrongdoing, but securities investigations can increase headline risk and investor uncertainty. Pomerantz Investor Alert

Alphabet Trading Up 0.8%

NASDAQ:GOOG opened at $375.35 on Wednesday. Alphabet Inc. has a 1 year low of $194.47 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 has a fifty day moving average price of $355.49 and a two-hundred day moving average price of $338.48. The stock has a market capitalization of $4.59 trillion, a price-to-earnings ratio of 18.85, a PEG ratio of 1.05 and a beta of 1.23.

Alphabet (NASDAQ:GOOG) last issued its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, topping the consensus estimate of $2.87 by $6.24. The company had revenue of $119.80 billion for the quarter, compared to analyst estimates of $116.53 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The business’s revenue was up 24.2% on a year-over-year basis. During the same period in the previous year, the firm earned $2.31 EPS. As a group, sell-side analysts anticipate that Alphabet Inc. will post 20.51 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 paid a $0.22 dividend. The ex-dividend date is Friday, September 4th. This represents a $0.88 annualized dividend and a dividend yield of 0.2%. Alphabet’s dividend payout ratio (DPR) is 4.42%.

About Alphabet

Alphabet Inc (NASDAQ: GOOG) is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as “Other Bets.” Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company’s history.

Alphabet’s core business centers on internet search and advertising, with Google Search and the company’s ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.