Alphabet Inc. $GOOG Stock Position Increased by GAMMA Investing LLC

GAMMA Investing LLC lifted its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 9.8% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 135,341 shares of the information services provider’s stock after purchasing an additional 12,040 shares during the quarter. Alphabet comprises about 1.8% of GAMMA Investing LLC’s holdings, making the stock its 7th biggest holding. GAMMA Investing LLC’s holdings in Alphabet were worth $47,820,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in GOOG. Imprint Wealth LLC acquired a new stake in Alphabet during the 3rd quarter worth approximately $31,000. Nvest Wealth Strategies Inc. acquired a new position in shares of Alphabet in the fourth quarter worth $38,000. Lifetime Wealth Management P.C. acquired a new position in shares of Alphabet in the fourth quarter worth $38,000. Bard Associates Inc. purchased a new stake in shares of Alphabet during the fourth quarter worth $41,000. Finally, Towne Trust Company N.A increased its position in shares of Alphabet by 34.0% during the fourth quarter. Towne Trust Company N.A now owns 134 shares of the information services provider’s stock worth $42,000 after acquiring an additional 34 shares during the period. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Alphabet Stock Performance

NASDAQ:GOOG opened at $375.35 on Wednesday. The firm has a market capitalization of $4.59 trillion, a PE ratio of 18.85, a price-to-earnings-growth ratio of 1.05 and a beta of 1.23. The business’s fifty day moving average price is $355.49 and its 200 day moving average price is $338.48. 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 12 month low of $194.47 and a 12 month high of $404.47.

Alphabet (NASDAQ:GOOG) last posted its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share for the quarter, beating analysts’ consensus estimates of $2.87 by $6.24. The company had revenue of $119.80 billion for the quarter, compared to analysts’ expectations of $116.53 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.Alphabet’s quarterly revenue was up 24.2% on a year-over-year basis. During the same period last year, the firm earned $2.31 earnings per share. On average, sell-side analysts anticipate that Alphabet Inc. will post 20.51 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 14th. Stockholders of record on Monday, September 7th will be given 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 of this dividend is Friday, September 4th. Alphabet’s dividend payout ratio (DPR) is 4.42%.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Strong earnings and cloud momentum remain the primary catalyst. Alphabet reported quarterly revenue of $119.8 billion, up 24% year over year, while Google Cloud revenue reportedly surged 82% to $24.8 billion. Its $514 billion cloud backlog and broad Gemini Enterprise adoption support the view that AI spending is beginning to generate commercial returns. Alphabet: The $514 Billion Backlog Doesn’t Lie
• Positive Sentiment: Alphabet is gaining exposure to several AI growth markets. MediaTek is targeting 15%–20% of the estimated $80 billion custom AI-chip market in 2027, potentially creating an opportunity for Alphabet’s cloud infrastructure. Separately, SpaceX said new computing deals with Google and Anthropic contributed to sharply higher revenue, highlighting demand for Google’s AI-related capacity. MediaTek Wants 20% of Custom AI Chips
• Positive Sentiment: Waymo is providing another long-term growth narrative. Alphabet’s self-driving subsidiary opened its Dallas robotaxi service to the public, while a separate analysis found Waymo vehicles crash substantially less often than human-driven vehicles. Wider availability and safety data could improve investor confidence in Waymo’s commercialization prospects. Waymo Opens Robotaxi Service in Dallas
• Neutral Sentiment: White House discussions may shape Alphabet’s AI regulatory environment. Google, OpenAI, Anthropic and Meta representatives met with Trump administration advisers regarding voluntary safety testing and a proposed AI oversight framework. The outcome could affect development costs, product launches and competitive dynamics, but no immediate policy change was announced. AI Companies Meet With White House
• Negative Sentiment: Investors remain concerned about the scale and payoff of AI investment. Alphabet is among several technology companies facing approximately $1.09 trillion in future data-center lease commitments, while a Google executive warned that heavy AI spending could create a temporary revenue gap. Comparable AI models from DeepSeek are also reportedly matching Gemini performance at far lower testing costs, raising pricing and margin concerns. AI Data-Center Lease Burden
• Negative Sentiment: Legal and governance headlines add pressure. Pomerantz LLP announced an investigation into potential claims on behalf of Alphabet investors. The announcement does not establish wrongdoing, but securities investigations can increase headline risk and investor uncertainty. Pomerantz Investor Alert

Analyst Ratings Changes

Several analysts have recently issued reports on the company. The Goldman Sachs Group reiterated a “buy” rating and issued a $450.00 price objective on shares of Alphabet in a research note on Thursday, May 21st. Oppenheimer restated an “outperform” rating and set a $400.00 price target (down from $445.00) on shares of Alphabet in a report on Thursday, July 23rd. DA Davidson reduced their price target on Alphabet from $375.00 to $350.00 and set a “neutral” rating on the stock in a research report on Thursday, July 23rd. JPMorgan Chase & Co. decreased their price objective on Alphabet from $460.00 to $420.00 and set an “overweight” rating for the company in a research note on Thursday, July 23rd. Finally, KeyCorp set a $445.00 price objective on Alphabet in a research report on Friday, July 10th. Seven equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $410.09.

Insiders Place Their Bets

In related news, CAO Marsida Saraci sold 449 shares of the business’s stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total transaction of $149,606.80. Following the completion of the sale, the chief accounting officer owned 27,386 shares in the company, valued at $9,125,015.20. The trade was a 1.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Frances Arnold sold 82 shares of the company’s stock in a transaction that occurred on Thursday, July 30th. The shares were sold at an average price of $333.39, for a total value of $27,337.98. Following the completion of the transaction, the director directly owned 18,914 shares of the company’s stock, valued at $6,305,738.46. This trade represents a 0.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 600,547 shares of company stock worth $16,255,540 over the last 90 days. 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.