Sharpepoint LLC Grows Position in Alphabet Inc. $GOOGL

Sharpepoint LLC lifted its position in Alphabet Inc. (NASDAQ:GOOGL) by 20.1% during the 1st quarter, Holdings Channel reports. The firm owned 13,833 shares of the information services provider’s stock after acquiring an additional 2,312 shares during the period. Alphabet comprises about 2.4% of Sharpepoint LLC’s holdings, making the stock its 12th biggest holding. Sharpepoint LLC’s holdings in Alphabet were worth $3,978,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. RFG Bristol Wealth Advisors LLC raised its holdings in Alphabet by 7.7% during the 1st quarter. RFG Bristol Wealth Advisors LLC now owns 4,663 shares of the information services provider’s stock valued at $1,341,000 after buying an additional 332 shares during the last quarter. Navigation Group LLC purchased a new stake in Alphabet during the 1st quarter valued at $5,763,000. Midwest Professional Planners LTD. grew its holdings in Alphabet by 1.2% in the 1st quarter. Midwest Professional Planners LTD. now owns 2,364 shares of the information services provider’s stock worth $680,000 after acquiring an additional 29 shares during the last quarter. Illinois Municipal Retirement Fund grew its holdings in Alphabet by 1.8% in the 1st quarter. Illinois Municipal Retirement Fund now owns 593,139 shares of the information services provider’s stock worth $170,563,000 after acquiring an additional 10,204 shares during the last quarter. Finally, Three Seasons Wealth LLC increased its position in shares of Alphabet by 43.3% in the first quarter. Three Seasons Wealth LLC now owns 6,831 shares of the information services provider’s stock valued at $1,964,000 after acquiring an additional 2,065 shares during the period. 40.03% of the stock is owned by hedge funds and other institutional investors.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s Q2 results showed strong underlying demand, including an 82% surge in Google Cloud revenue and continued growth in Search and YouTube, reinforcing that its core businesses are still expanding. Google Cloud CEO Kurian says customers are spending 50% more as segment blows away expectations
• Positive Sentiment: Analysts at Barclays argued that a TPU-as-a-service offering could materially lift Alphabet’s long-term profitability, suggesting the market may be underestimating future AI monetization. TPU-As-A-Service could boost Google’s 2028 profit by over 15%: Barclays
• Positive Sentiment: Verizon signed a more than $1 billion dark-fiber deal to support Google’s data centers, underscoring ongoing infrastructure demand tied to Alphabet’s AI and cloud expansion. Verizon signs deal with Google worth over $1 billion
• Neutral Sentiment: Alphabet was included in a momentum screen highlighting stocks with strong earnings and favorable price trends, which is supportive but not a major stock-specific catalyst. 3 High-Momentum Stocks to Buy Now Before They Surge
• Neutral Sentiment: Short-interest data showed no meaningful short position, so this does not appear to be a major driver of the move.
• Negative Sentiment: Investors are worried that Alphabet’s AI spending is becoming too large, with the company increasing 2026 capex guidance and reporting negative free cash flow for the first time in years. Alphabet earnings takeaways: Q2 revenue beats, GOOGL stock sinks on 2026 capex hike
• Negative Sentiment: Alphabet also faced fresh regulatory pressure after the European Commission fined Google about $1 billion under the Digital Markets Act. Google hit with $1 billion EU fine, first under landmark rules
• Negative Sentiment: Waymo reportedly may try to end its partnership with Uber, which could create uncertainty around one of Alphabet’s autonomous-driving distribution channels. Waymo reportedly mulling a breakup with Uber

Alphabet Stock Up 0.6%

GOOGL stock opened at $319.74 on Friday. The company has a market capitalization of $3.87 trillion, a price-to-earnings ratio of 16.06, a price-to-earnings-growth ratio of 1.31 and a beta of 1.24. The business’s 50 day moving average price is $362.93 and its two-hundred day moving average price is $338.74. Alphabet Inc. has a fifty-two week low of $187.82 and a fifty-two week high of $408.61. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.92 and a current ratio of 2.72.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.89 by $6.22. The business 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 51.32% and a net margin of 54.77%. As a group, analysts forecast that Alphabet Inc. will post 17.59 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 14th. Investors of record on Monday, September 7th will be paid 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 4.42%.

Analyst Upgrades and Downgrades

GOOGL has been the subject of several recent analyst reports. Canaccord Genuity Group upped their price objective on shares of Alphabet from $415.00 to $450.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Weiss Ratings reissued a “buy (b)” rating on shares of Alphabet in a research note on Friday, July 17th. Citizens Jmp restated a “market outperform” rating and set a $515.00 price target on shares of Alphabet in a report on Wednesday. DZ Bank raised Alphabet to a “strong-buy” rating in a research report on Thursday. Finally, Guggenheim reiterated a “buy” rating and issued a $450.00 price objective (up from $375.00) on shares of Alphabet in a report on Thursday, April 30th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-five have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $419.86.

Insider Buying and Selling

In related news, CAO Marsida Saraci sold 449 shares of Alphabet stock in a transaction dated Friday, June 26th. The shares were sold at an average price of $341.72, for a total transaction of $153,432.28. Following the completion of the transaction, the chief accounting officer directly owned 27,348 shares of the company’s stock, valued at $9,345,358.56. This trade represents a 1.62% decrease in their position. 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 Alphabet stock in a transaction that occurred on 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 transaction, the insider owned 75,290 shares of the company’s stock, valued at $26,298,044.10. The trade was a 10.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 159,415 shares of company stock worth $7,672,279 over the last 90 days. Corporate insiders own 11.61% of the company’s stock.

Alphabet 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.