Alphabet Inc. $GOOGL Stake Raised by Sustainable Insight Capital Management LLC

Sustainable Insight Capital Management LLC increased its holdings in Alphabet Inc. (NASDAQ:GOOGL) by 52.1% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 36,213 shares of the information services provider’s stock after buying an additional 12,400 shares during the period. Alphabet accounts for about 3.5% of Sustainable Insight Capital Management LLC’s portfolio, making the stock its 10th biggest position. Sustainable Insight Capital Management LLC’s holdings in Alphabet were worth $10,413,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of GOOGL. Empirical Finance LLC acquired a new stake in Alphabet during the 1st quarter valued at approximately $56,772,000. Healthcare of Ontario Pension Plan Trust Fund increased its stake in shares of Alphabet by 4.0% in the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 4,547,907 shares of the information services provider’s stock worth $1,307,796,000 after acquiring an additional 173,337 shares during the period. Renaissance Technologies LLC increased its stake in shares of Alphabet by 83.0% in the first quarter. Renaissance Technologies LLC now owns 542,471 shares of the information services provider’s stock worth $155,991,000 after acquiring an additional 246,001 shares during the period. Bollard Group LLC raised its holdings in shares of Alphabet by 9.3% during the first quarter. Bollard Group LLC now owns 37,402 shares of the information services provider’s stock worth $10,755,000 after purchasing an additional 3,171 shares during the last quarter. Finally, Rockbridge Investment Management LCC raised its holdings in shares of Alphabet by 0.5% during the first quarter. Rockbridge Investment Management LCC now owns 5,460 shares of the information services provider’s stock worth $1,570,000 after purchasing an additional 27 shares during the last quarter. 40.03% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Alphabet

In other news, CAO Marsida Saraci sold 449 shares of Alphabet stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total value of $149,606.80. Following the sale, the chief accounting officer owned 27,386 shares in the company, valued at $9,125,015.20. This trade represents a 1.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the business’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $18.90, for a total transaction of $2,232,808.20. The SEC filing for this sale provides additional information. Insiders sold a total of 600,547 shares of company stock worth $16,255,540 in the last quarter. 11.61% of the stock is owned by insiders.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Strong earnings and analyst support: Alphabet’s latest results significantly exceeded consensus expectations, reinforcing confidence in accelerating revenue and profit growth. Multiple reports describe the stock as undervalued or a favorable growth investment, while analysts maintain a consensus “Buy” rating. Alphabet Stock is Climbing: What’s Going On Today?
• Positive Sentiment: AI infrastructure positioning: Commentary argues Alphabet is better equipped than many peers to absorb the cost of Nvidia chips while benefiting from expanding AI demand. Investors also see Google Search, cloud services, and AI infrastructure as complementary growth engines. Berkshire Hathaway’s reported investment in Alphabet adds to the bullish narrative. The Nvidia Tax: Alphabet Mitigates It Better
• Positive Sentiment: Waymo validation: An analysis reported that Alphabet’s Waymo robotaxis crash substantially less often than human-driven vehicles. While Waymo is not yet a major earnings contributor, the finding supports Alphabet’s long-term autonomous-driving and technology portfolio. Waymo robotaxis found to crash 68% less often
• Positive Sentiment: Commercial AI momentum: Google’s partnership with Paris Saint-Germain and participation in upcoming White House AI-regulation discussions highlight expanding enterprise and institutional interest in its AI capabilities. Paris Saint-Germain partners with Google on AI
• Neutral Sentiment: Microsoft’s lead in cloud market share remains a competitive concern, although Alphabet’s Google Cloud continues to grow and benefits from the same AI spending cycle. Microsoft Races Ahead of Google in the Cloud
• Neutral Sentiment: Investors are weighing whether heavy AI capital expenditures will temporarily pressure margins or create durable long-term returns.
• Negative Sentiment: A Google Earth tool reportedly made it possible to create AI-generated fake satellite imagery, raising questions about safeguards, misinformation, and potential regulatory scrutiny. For a Day, Google Made It Easy to Spoof Satellite Imagery

Alphabet Stock Performance

Shares of GOOGL stock opened at $373.51 on Tuesday. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a 12-month low of $190.12 and a 12-month high of $408.61. The business’s 50 day moving average is $357.60 and its two-hundred day moving average is $339.62. The company has a market capitalization of $4.57 trillion, a P/E ratio of 18.76, a P/E/G ratio of 1.00 and a beta of 1.24.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, beating analysts’ consensus estimates of $2.89 by $6.22. The business had revenue of $119.80 billion during the quarter, compared to analysts’ expectations of $117.07 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. Analysts expect that Alphabet Inc. will post 20.51 EPS for the current fiscal year.

Alphabet Dividend Announcement

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

Analysts Set New Price Targets

GOOGL has been the topic of several recent research reports. Wedbush reaffirmed an “outperform” rating and issued a $445.00 price target on shares of Alphabet in a report on Thursday, July 23rd. New Street Research lifted 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. HSBC reissued a “buy” rating and issued a $420.00 price objective (down from $435.00) on shares of Alphabet in a report on Tuesday, June 2nd. DA Davidson set a $350.00 target price on Alphabet and gave the stock a “neutral” rating in a report on Thursday, July 23rd. Finally, Evercore lifted their price target on Alphabet from $400.00 to $420.00 and gave the company an “outperform” rating in a research report on Thursday, April 30th. Six research analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, Alphabet has an average rating of “Buy” and an average target price of $419.86.

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.