Alphabet Inc. $GOOGL Shares Purchased by Hillsdale Investment Management Inc.

Hillsdale Investment Management Inc. increased its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 10.7% during the first quarter, Holdings Channel reports. The institutional investor owned 130,862 shares of the information services provider’s stock after acquiring an additional 12,680 shares during the period. Alphabet comprises about 1.0% of Hillsdale Investment Management Inc.’s portfolio, making the stock its 24th biggest position. Hillsdale Investment Management Inc.’s holdings in Alphabet were worth $37,631,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in GOOGL. Lifetime Wealth Management P.C. acquired a new stake in shares of Alphabet in the 4th quarter worth approximately $32,000. EMC Capital Management purchased a new position in Alphabet in the 4th quarter valued at approximately $33,000. PMV Capital Advisers LLC acquired a new position in Alphabet during the fourth quarter worth $38,000. IFC & Insurance Marketing Inc. purchased a new stake in Alphabet during the fourth quarter worth $38,000. Finally, Bard Associates Inc. acquired a new stake in Alphabet in the fourth quarter valued at $52,000. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Frances Arnold sold 112 shares of the company’s stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $351.28, for a total value of $39,343.36. Following the completion of the sale, the director owned 18,833 shares in the company, valued at approximately $6,615,656.24. This represents a 0.59% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of Alphabet stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $23.75, for a total transaction of $2,077,531.25. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 159,415 shares of company stock valued at $7,672,279. Company insiders own 11.61% of the company’s stock.

Alphabet Stock Down 7.1%

Shares of Alphabet stock opened at $317.69 on Friday. The stock has a market capitalization of $3.85 trillion, a price-to-earnings ratio of 15.96, a PEG ratio of 1.41 and a beta of 1.24. Alphabet Inc. has a twelve month low of $187.82 and a twelve month high of $408.61. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.16. The business’s 50 day simple moving average is $364.48 and its 200-day simple moving average is $338.88.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, topping analysts’ consensus estimates of $2.89 by $6.22. The firm had revenue of $119.80 billion during the quarter, compared to the consensus estimate of $117.07 billion. Alphabet had a return on equity of 57.20% and a net margin of 54.77%. Equities research analysts forecast that Alphabet Inc. will post 14.34 earnings per share for the current year.

Alphabet Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, September 14th. Shareholders of record on Monday, September 7th will be issued 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 (DPR) is presently 6.71%.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on GOOGL. Sanford C. Bernstein restated a “market perform” rating and issued a $390.00 price target (up from $345.00) on shares of Alphabet in a research report on Thursday, April 30th. Rothschild & Co Redburn boosted their price target on Alphabet from $390.00 to $430.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Bank of America upped their price target on Alphabet from $370.00 to $430.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Weiss Ratings restated a “buy (b)” rating on shares of Alphabet in a report on Friday, July 17th. Finally, Barclays reiterated an “overweight” rating and set a $425.00 target price (up from $405.00) on shares of Alphabet in a report on Thursday. Three equities research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $419.86.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet delivered a strong quarter, with revenue of $119.8 billion and EPS of $9.11, both well above expectations, while Google Cloud revenue jumped 82% year over year and YouTube ad revenue also grew solidly. Reuters article
• Positive Sentiment: Management said AI demand is outpacing capacity, which helped justify higher investment plans, and Google Cloud CEO Thomas Kurian said existing customers are spending about 50% more than they initially committed. CNBC article
• Positive Sentiment: Google’s Gemini AI assistant now has more than 950 million monthly users, showing continued traction in its AI products and ecosystem. TechCrunch article
• Neutral Sentiment: Alphabet declared a quarterly dividend of $0.22 per share, a small but shareholder-friendly capital return move. MarketBeat reference
• Neutral Sentiment: Alphabet disclosed a large equity stake in SpaceX, highlighting the value of its investment portfolio, though this is not a direct operating catalyst for the core business. WSJ article
• Negative Sentiment: Shares are falling as investors react to a much higher 2026 capital spending outlook and Alphabet’s first-ever negative free cash flow, raising concerns that AI infrastructure spending could pressure returns. Barron’s article
• Negative Sentiment: Alphabet also faces a new €890 million ($1 billion) EU antitrust fine over Search and Play Store practices, adding regulatory pressure. Reuters article
• Negative Sentiment: Several law firms announced securities-fraud investigations tied to Alphabet’s disclosures, which can add overhang and keep sentiment fragile. Business Wire article

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.