Alphabet Inc. $GOOG Shares Sold by MRA Advisory Group

MRA Advisory Group reduced its holdings in Alphabet Inc. (NASDAQ:GOOG) by 27.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,929 shares of the information services provider’s stock after selling 2,576 shares during the period. Alphabet comprises 0.9% of MRA Advisory Group’s holdings, making the stock its 25th biggest position. MRA Advisory Group’s holdings in Alphabet were worth $2,448,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of Alphabet by 8.4% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 7,732 shares of the information services provider’s stock worth $2,732,000 after purchasing an additional 598 shares during the last quarter. Baring Financial LLC grew its holdings in Alphabet by 3.3% during the second quarter. Baring Financial LLC now owns 1,767 shares of the information services provider’s stock worth $624,000 after acquiring an additional 56 shares during the period. Quantum Financial Advisors LLC raised its position in Alphabet by 0.5% during the second quarter. Quantum Financial Advisors LLC now owns 10,922 shares of the information services provider’s stock valued at $3,859,000 after acquiring an additional 55 shares in the last quarter. Trust Point Inc. raised its position in Alphabet by 2.3% during the second quarter. Trust Point Inc. now owns 17,981 shares of the information services provider’s stock valued at $6,353,000 after acquiring an additional 397 shares in the last quarter. Finally, Strategic Investment Solutions Inc. IL lifted its holdings in Alphabet by 25.9% in the second quarter. Strategic Investment Solutions Inc. IL now owns 6,919 shares of the information services provider’s stock valued at $2,445,000 after acquiring an additional 1,424 shares during the period. Institutional investors and hedge funds own 27.26% of the company’s stock.

Analyst Ratings Changes

GOOG has been the subject of several recent research reports. Stifel Nicolaus set a $420.00 target price on shares of Alphabet in a report on Wednesday, May 20th. Wolfe Research set a $460.00 target price on shares of Alphabet in a research note on Thursday, July 23rd. The Goldman Sachs Group reiterated a “buy” rating and set a $450.00 price target on shares of Alphabet in a research report on Thursday, May 21st. Piper Sandler reissued an “overweight” rating and issued a $395.00 price objective (down from $445.00) on shares of Alphabet in a report on Thursday, July 23rd. Finally, Truist Financial cut their price objective on Alphabet from $430.00 to $420.00 and set a “buy” rating for the company in a research report on Thursday, July 23rd. Six analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Alphabet presently has an average rating of “Buy” and an average price target of $410.09.

Alphabet Price Performance

NASDAQ:GOOG opened at $353.47 on Friday. Alphabet Inc. has a one year low of $197.46 and a one 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 market cap of $4.32 trillion, a PE ratio of 17.75, a P/E/G ratio of 1.00 and a beta of 1.23. The stock has a 50 day moving average price of $353.94 and a 200 day moving average price of $338.96.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, topping analysts’ consensus estimates of $2.87 by $6.24. The firm had revenue of $119.80 billion for the quarter, compared to the consensus estimate of $116.53 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.The firm’s revenue was up 24.2% compared to the same quarter last year. During the same quarter last year, the business posted $2.31 earnings per share. Equities research analysts expect that Alphabet Inc. will post 20.51 EPS for the current fiscal year.

Alphabet Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 14th. Stockholders of record on Monday, September 7th will be issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Friday, September 4th. Alphabet’s payout ratio is currently 4.42%.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Institutional buying remained supportive. State Street added an estimated 12.7 million shares of Alphabet’s Class A stock, while Mitsubishi UFJ, Lazard and Citizens Financial also increased their Alphabet positions in second-quarter 13F filings. State Street fund update
• Positive Sentiment: Alphabet’s AI and cloud businesses continue to show strong commercial momentum. Gemini reportedly reached 950 million monthly active users, Google Cloud revenue surged 82% in the second quarter, and its backlog reached $514 billion. A new multiyear, $100 million-plus Google Cloud agreement with AI lab Mirendil could add further demand for cloud infrastructure. Google AI and DeepMind report
• Neutral Sentiment: Alphabet is reorganizing its AI leadership. DeepMind chief Demis Hassabis is moving into a broader chief scientist role, while Chief Scientist Jeff Dean is departing after 27 years. The changes could improve long-term research focus but raise concerns about talent retention and execution. Google AI leadership report
• Negative Sentiment: Alphabet launched a roughly $25 billion, 10-part bond offering to finance expanded AI infrastructure spending. Strong demand—reportedly about $115 billion in orders—supports its credit profile, but investors remain concerned that rising capital expenditures and borrowing could reduce returns or increase financial risk. Alphabet bond offering report
• Negative Sentiment: Zacks Research downgraded Alphabet from “strong buy” to “hold,” adding to valuation and near-term sentiment pressure. Separately, several investment managers—including Mawer, First Eagle, Diamond Hill and SCS Capital—reported reductions in Alphabet holdings. Zacks Research
• Negative Sentiment: Alphabet’s planned $15 billion India data-center project faces opposition over water use and wildlife concerns, creating potential regulatory and development hurdles for its infrastructure expansion. Google India data center report

Insider Transactions at Alphabet

In other news, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the business’s stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $19.46, for a total transaction of $3,832,277.26. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider John Kent Walker sold 8,998 shares of the company’s stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $349.29, for a total transaction of $3,142,911.42. Following the completion of the sale, the insider directly owned 75,290 shares of the company’s stock, valued at $26,298,044.10. This represents a 10.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 600,547 shares of company stock worth $16,255,540 in the last quarter. Company insiders own 12.99% of the company’s stock.

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.