Insider Selling: Alphabet (NASDAQ:GOOGL) Major Shareholder Sells 63,297 Shares of Stock

Alphabet Inc. (NASDAQ:GOOGL) major shareholder 2019 Gp L.L.C. Gv sold 63,297 shares of the stock in a transaction that occurred on Thursday, July 23rd. The shares were sold at an average price of $19.06, for a total transaction of $1,206,440.82. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

2019 Gp L.L.C. Gv also recently made the following trade(s):

• On Friday, July 24th, 2019 Gp L.L.C. Gv sold 23,417 shares of Alphabet stock. The shares were sold at an average price of $18.88, for a total transaction of $442,112.96.
• On Friday, May 15th, 2019 Gp L.L.C. Gv sold 87,475 shares of Alphabet stock. The stock was sold at an average price of $23.75, for a total value of $2,077,531.25.
• On Thursday, May 14th, 2019 Gp L.L.C. Gv sold 60,077 shares of Alphabet stock. The stock was sold at an average price of $23.01, for a total value of $1,382,371.77.

Alphabet Stock Performance

NASDAQ GOOGL traded up $6.29 during mid-day trading on Tuesday, reaching $332.85. 10,901,446 shares of the stock were exchanged, compared to its average volume of 32,325,377. The company has a market capitalization of $4.03 trillion, a P/E ratio of 16.73, a P/E/G ratio of 1.06 and a beta of 1.24. Alphabet Inc. has a 1 year low of $187.82 and a 1 year high of $408.61. 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 business’s 50 day moving average is $361.53 and its 200-day moving average is $338.98.

Alphabet (NASDAQ:GOOGL) last released its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, topping analysts’ consensus estimates of $2.89 by $6.22. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The business had revenue of $119.80 billion during the quarter, compared to analysts’ expectations of $117.07 billion. On average, equities research analysts forecast that Alphabet Inc. will post 17.59 EPS for the current fiscal year.

Alphabet Dividend Announcement

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

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on GOOGL shares. Roth Capital restated a “buy” rating and issued a $440.00 price objective (up from $435.00) on shares of Alphabet in a report on Thursday. Evercore increased their price target on shares of Alphabet from $400.00 to $420.00 and gave the stock an “outperform” rating in a research note on Thursday, April 30th. Wells Fargo & Company set a $411.00 price objective on Alphabet and gave the stock an “overweight” rating in a report on Thursday, July 23rd. Needham & Company LLC reaffirmed a “buy” rating and issued a $450.00 price target on shares of Alphabet in a report on Wednesday, June 3rd. Finally, Daiwa Securities Group increased their price target on Alphabet from $380.00 to $445.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Six analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Alphabet presently has a consensus rating of “Buy” and a consensus price target of $419.86.

Hedge Funds Weigh In On Alphabet

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. grew its stake in shares of Alphabet by 2.4% in the fourth quarter. Vanguard Group Inc. now owns 528,969,322 shares of the information services provider’s stock worth $165,567,398,000 after acquiring an additional 12,531,695 shares during the last quarter. State Street Corp raised its position in shares of Alphabet by 1.8% during the second quarter. State Street Corp now owns 229,954,269 shares of the information services provider’s stock worth $40,524,841,000 after acquiring an additional 4,008,374 shares during the last quarter. Geode Capital Management LLC boosted its stake in Alphabet by 1.9% in the fourth quarter. Geode Capital Management LLC now owns 146,193,037 shares of the information services provider’s stock valued at $45,625,595,000 after acquiring an additional 2,666,676 shares during the last quarter. Norges Bank acquired a new stake in shares of Alphabet in the 4th quarter valued at approximately $30,534,239,000. Finally, Bank of America Corp DE grew its stake in Alphabet by 4.9% in the fourth quarter. Bank of America Corp DE now owns 69,108,183 shares of the information services provider’s stock valued at $21,630,861,000 after acquiring an additional 3,218,852 shares during the period. Institutional investors and hedge funds own 40.03% of the company’s stock.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s second-quarter results exceeded expectations, with earnings per share of $9.11 versus the $2.89 consensus and revenue of $119.8 billion versus estimates of $117.1 billion. Accelerating Google Cloud growth, resilient Search demand and early AI monetization are supporting the bullish case. Forget AI Capex Concerns – Buy Alphabet After Excellent Q2 Earnings
• Positive Sentiment: Phillip Securities upgraded Alphabet from “moderate buy” to “strong buy,” while KeyCorp raised its fiscal 2028 earnings forecast to $17.88 per share and maintained an Overweight rating with a $445 price target. These actions indicate that some analysts view the selloff as an opportunity to buy the dip. Analysts set Google GOOGL stock price target
• Positive Sentiment: A multiyear agreement to bring Peacock programming, including sports and Universal content, to YouTube Premium subscribers in the U.S. could strengthen YouTube’s subscription value proposition and broaden its content ecosystem. NBCUniversal and YouTube ink deal
• Neutral Sentiment: Market commentary increasingly frames the recent technology weakness as sector rotation rather than a collapse in AI demand. Alphabet’s cloud expansion and reported capacity constraints suggest the AI infrastructure cycle remains intact, although investors are demanding clearer returns on spending.
• Negative Sentiment: Alphabet raised its 2026 capital-expenditure outlook to approximately $195 billion-$205 billion. The scale of the AI buildout contributed to negative free cash flow for the first time as a public company, intensifying concerns about cash returns, profitability and the risk of overinvestment. Hyperscalers face higher capex scrutiny
• Negative Sentiment: Following a record $1 billion European fine, rivals are preparing private damage claims that could total as much as $10 billion, creating a potentially significant legal and regulatory overhang. Google rivals line up seeking damages
• Negative Sentiment: Reports that shared Claude conversations and files were publicly searchable through Google exposed potential sensitive information, raising privacy, trust and reputational concerns, though the issue primarily involves Anthropic’s sharing controls.

Alphabet Company Profile

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.