2019 Gp L.L.C. Gv Sells 23,417 Shares of Alphabet (NASDAQ:GOOGL) Stock

Alphabet Inc. (NASDAQ:GOOGL) major shareholder 2019 Gp L.L.C. Gv sold 23,417 shares of the firm’s stock in a transaction on Friday, July 24th. The shares were sold at an average price of $18.88, for a total value of $442,112.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

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

• On Tuesday, July 28th, 2019 Gp L.L.C. Gv sold 118,138 shares of Alphabet stock. The stock was sold at an average price of $18.90, for a total transaction of $2,232,808.20.
• On Monday, July 27th, 2019 Gp L.L.C. Gv sold 196,931 shares of Alphabet stock. The stock was sold at an average price of $19.46, for a total transaction of $3,832,277.26.
• On Monday, July 20th, 2019 Gp L.L.C. Gv sold 18,386 shares of Alphabet stock. The shares were sold at an average price of $18.87, for a total transaction of $346,943.82.
• On Friday, July 17th, 2019 Gp L.L.C. Gv sold 20,534 shares of Alphabet stock. The shares were sold at an average price of $18.68, for a total transaction of $383,575.12.
• On Thursday, July 23rd, 2019 Gp L.L.C. Gv sold 63,297 shares of Alphabet stock. The stock was sold at an average price of $19.06, for a total transaction of $1,206,440.82.
• On Friday, May 15th, 2019 Gp L.L.C. Gv sold 87,475 shares of Alphabet stock. The shares were sold at an average price of $23.75, for a total transaction of $2,077,531.25.
• On Thursday, May 14th, 2019 Gp L.L.C. Gv sold 60,077 shares of Alphabet stock. The shares were sold at an average price of $23.01, for a total transaction of $1,382,371.77.

Alphabet Trading Up 0.9%

Shares of GOOGL opened at $336.71 on Thursday. 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 firm has a 50 day simple moving average of $359.40 and a 200-day simple moving average of $339.14. Alphabet Inc. has a 1-year low of $187.82 and a 1-year high of $408.61. The stock has a market cap of $4.08 trillion, a price-to-earnings ratio of 16.91, a price-to-earnings-growth ratio of 0.95 and a beta of 1.24.

Alphabet (NASDAQ:GOOGL) last posted its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.89 by $6.22. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.The firm had revenue of $119.80 billion for the quarter, compared to analyst estimates of $117.07 billion. Equities analysts forecast that Alphabet Inc. will post 20.15 EPS for the current fiscal year.

Alphabet Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 14th. Stockholders of record on Monday, September 7th will be given a $0.22 dividend. 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 is currently 4.42%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on GOOGL. Loop Capital lifted their price objective on Alphabet from $355.00 to $490.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Alphabet in a research note on Friday, July 17th. Roth Capital reiterated a “buy” rating and set a $440.00 price target (up from $435.00) on shares of Alphabet in a report on Thursday, July 23rd. BNP Paribas Exane boosted their price objective on shares of Alphabet from $390.00 to $420.00 and gave the company an “outperform” rating in a research report on Thursday, April 30th. Finally, Susquehanna reissued a “positive” rating and set a $460.00 price objective (up from $400.00) on shares of Alphabet in a research note on Thursday, April 30th. Six investment analysts have rated the stock with a Strong Buy rating, forty-four have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, Alphabet has an average rating of “Buy” and a consensus target price of $419.86.

Institutional Investors Weigh In On Alphabet

Large investors have recently made changes to their positions in the business. Vanguard Group Inc. raised its holdings in shares of Alphabet by 2.4% during the 4th quarter. Vanguard Group Inc. now owns 528,969,322 shares of the information services provider’s stock valued at $165,567,398,000 after buying an additional 12,531,695 shares during the period. State Street Corp grew its stake 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 valued at $40,524,841,000 after acquiring an additional 4,008,374 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Alphabet by 1.9% during the fourth quarter. Geode Capital Management LLC now owns 146,193,037 shares of the information services provider’s stock worth $45,625,595,000 after acquiring an additional 2,666,676 shares during the last quarter. Norges Bank acquired a new position in shares of Alphabet in the fourth quarter worth about $30,534,239,000. Finally, Bank of America Corp DE lifted its stake in shares of 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 worth $21,630,861,000 after acquiring an additional 3,218,852 shares in the last quarter. 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 latest quarter continued to support the long-term growth case: revenue rose 24% to $119.8 billion, Google Cloud growth accelerated to 82%, cloud operating income more than tripled, and its backlog reached $514 billion. Search revenue also grew 17%, easing concerns that AI tools are undermining the core advertising business. Alphabet quarter and valuation analysis
• Positive Sentiment: Investor enthusiasm is being supported by Alphabet’s potential to commercialize its internally developed AI chips, with initial external revenue reportedly expected by year-end. Analysts and value investors remain constructive; KeyCorp maintains an “Overweight” rating and a $445 target, while Phillip Securities upgraded Alphabet to “strong buy.” Alphabet AI silicon opportunity
• Positive Sentiment: Google is expanding its Play Signal age-assurance technology worldwide by the end of 2026, potentially strengthening Android’s safety tools and developer ecosystem. Waymo also began restoring freeway service, a sign of progress after earlier operational restrictions. Google age-assurance technology
• Neutral Sentiment: Analyst estimates were mixed: KeyCorp raised its full-year 2026 EPS forecast substantially but trimmed quarterly and 2027 estimates slightly, while Erste Group lifted its 2027 forecast. This indicates strong near-term expectations but uncertainty about longer-term spending and profitability.
• Negative Sentiment: The main pressure remains Alphabet’s planned $195 billion–$205 billion of 2026 capital spending. Quarterly capital expenditures reached $44.9 billion and free cash flow turned negative, prompting investors to question whether AI infrastructure returns will justify the investment. Alphabet AI spending concerns
• Negative Sentiment: Additional risks include renewed fears that lower-cost AI models could pressure technology valuations, potential European private damages claims following Google’s $1 billion fine, and reports of a DeepMind research-team restructuring. Recent insider and major-shareholder sales are also a modest sentiment headwind, although they do not necessarily signal deteriorating fundamentals. Google European damages risk

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.