M. Kulyk & Associates LLC Has $28.02 Million Stock Position in Alphabet Inc. $GOOGL

M. Kulyk & Associates LLC reduced its position in Alphabet Inc. (NASDAQ:GOOGL) by 9.7% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 78,391 shares of the information services provider’s stock after selling 8,463 shares during the period. Alphabet makes up 4.6% of M. Kulyk & Associates LLC’s investment portfolio, making the stock its 2nd largest holding. M. Kulyk & Associates LLC’s holdings in Alphabet were worth $28,015,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of GOOGL. EMC Capital Management bought a new position in shares of Alphabet in the fourth quarter valued at $33,000. Lifetime Wealth Management P.C. acquired a new stake in shares of Alphabet in the 4th quarter worth about $32,000. IFC & Insurance Marketing Inc. bought a new position in Alphabet in the 4th quarter valued at about $38,000. Bard Associates Inc. bought a new position in Alphabet in the 4th quarter valued at about $52,000. Finally, Graney & King LLC boosted its stake in Alphabet by 38.5% during the 2nd quarter. Graney & King LLC now owns 180 shares of the information services provider’s stock valued at $64,000 after purchasing an additional 50 shares during the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.

Alphabet Trading Down 2.1%

Shares of Alphabet stock opened at $339.35 on Tuesday. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. Alphabet Inc. has a 1 year low of $206.20 and a 1 year high of $408.61. The firm has a market cap of $4.15 trillion, a PE ratio of 17.04, a PEG ratio of 0.97 and a beta of 1.24. The company has a 50 day simple moving average of $349.41 and a two-hundred day simple moving average of $342.01.

Alphabet (NASDAQ:GOOGL) last issued its quarterly 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. The firm had revenue of $119.80 billion for the quarter, compared to analyst estimates of $117.07 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. Analysts expect that Alphabet Inc. will post 20.5 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

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

Analyst Ratings Changes

A number of analysts have commented on GOOGL shares. Citizens Jmp reissued a “market outperform” rating and set a $515.00 price objective on shares of Alphabet in a report on Wednesday, July 22nd. New Street Research raised their price objective on Alphabet from $450.00 to $455.00 and gave the company a “buy” rating in a research note on Friday, June 5th. Wedbush restated an “outperform” rating and issued a $445.00 target price on shares of Alphabet in a research note on Thursday, July 23rd. BMO Capital Markets set a $465.00 price objective on shares of Alphabet and gave the stock an “outperform” rating in a report on Thursday, July 23rd. Finally, Wells Fargo & Company set a $411.00 target price on Alphabet and gave the company an “overweight” rating in a research note on Thursday, July 23rd. Six investment analysts have rated the stock with a Strong Buy rating, forty-four have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, Alphabet currently has an average rating of “Buy” and a consensus price target of $420.19.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Analysts remain constructive on Alphabet’s valuation and growth outlook. Citizens analyst Andrew Boone expects the stock to reach a new record high over the next 12 months, while other commentary highlights strong cloud momentum and argues that market concerns about Alphabet may be excessive. Wall Street analyst sets Google price target One Mag 7 Stock to Watch
• Positive Sentiment: Google- and Meta-backed Jio Platforms received approval for an Indian IPO. The listing could provide Alphabet with a potential valuation catalyst for its investment and increase visibility into the value of the stake. Jio Platforms IPO approval
• Neutral Sentiment: Alphabet is balancing record cloud growth against historically high AI-related capital spending. Investors are focused on whether rising infrastructure costs will generate sufficient future revenue and margins compared with Amazon’s spending strategy. Alphabet and Amazon AI capital spending
• Neutral Sentiment: Director Frances Arnold sold 82 shares for approximately $27,692, reducing her direct holdings by 0.43%. The relatively small transaction is unlikely to materially change the investment case, but it may attract limited attention amid the stock’s recent volatility. Alphabet insider transaction filing
• Negative Sentiment: Fresh scrutiny of Google’s £260 million U.K. app-store settlement added to regulatory pressure. Reports also say Google changed European search rules to avoid a potentially much larger EU revenue penalty, though the concessions could weaken its search economics and competitive position. Google U.K. app-store settlement Google European search rules
• Negative Sentiment: Investors continue to debate whether Meta’s AI products could challenge Google Search and whether Alphabet’s AI investment will pressure returns before producing meaningful new revenue. Concerns about talent departures and the uncertain reception for future Gemini releases are also weighing on sentiment. Meta AI competition with Google Search

Insiders Place Their Bets

In other news, CAO Marsida Saraci sold 449 shares of the company’s stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total value of $149,606.80. Following the completion of the transaction, the chief accounting officer directly owned 27,386 shares in the company, valued at approximately $9,125,015.20. This represents a 1.61% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the firm’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $18.90, for a total value of $2,232,808.20. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 451,925 shares of company stock valued at $12,371,544 over the last 90 days. Insiders own 11.61% of the company’s stock.

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.