Strive Financial Group LLC Has $10.43 Million Position in Alphabet Inc. $GOOG

Strive Financial Group LLC reduced its stake in shares of Alphabet Inc. (NASDAQ:GOOG) by 20.8% during the 2nd quarter, Holdings Channel.com reports. The firm owned 29,530 shares of the information services provider’s stock after selling 7,755 shares during the quarter. Alphabet comprises about 4.5% of Strive Financial Group LLC’s holdings, making the stock its 5th largest position. Strive Financial Group LLC’s holdings in Alphabet were worth $10,434,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of GOOG. Imprint Wealth LLC bought a new position in Alphabet in the 3rd quarter valued at $31,000. Nvest Wealth Strategies Inc. bought a new stake in shares of Alphabet during the fourth quarter worth $38,000. Lifetime Wealth Management P.C. bought a new stake in shares of Alphabet during the fourth quarter worth $38,000. Bard Associates Inc. acquired a new position in shares of Alphabet during the fourth quarter valued at $41,000. Finally, Towne Trust Company N.A lifted its stake 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 valued at $42,000 after acquiring an additional 34 shares during the period. Institutional investors own 27.26% of the company’s stock.

Alphabet Trading Down 0.6%

NASDAQ:GOOG opened at $341.45 on Tuesday. Alphabet Inc. has a 1-year low of $197.46 and a 1-year high of $404.47. The business’s 50-day moving average price is $351.69 and its two-hundred day moving average price is $339.66. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $4.18 trillion, a price-to-earnings ratio of 17.15, a PEG ratio of 0.96 and a beta of 1.23.

Alphabet (NASDAQ:GOOG) last posted its earnings results on Thursday, July 23rd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.87 by $6.24. The company had revenue of $119.80 billion during the quarter, compared to analyst estimates of $116.53 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.The company’s revenue for the quarter was up 24.2% compared to the same quarter last year. During the same period in the previous year, the company earned $2.31 EPS. On average, equities analysts expect that Alphabet Inc. will post 20.51 earnings per share for the current year.

Alphabet Announces Dividend

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

Insider Activity

In other Alphabet news, CAO Marsida Saraci sold 449 shares of the stock in a transaction on 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 directly owned 27,386 shares in the company, valued at approximately $9,125,015.20. This trade represents a 1.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director John L. Hennessy sold 1,050 shares of the stock in a transaction on Monday, June 15th. The stock was sold at an average price of $368.63, for a total transaction of $387,061.50. Following the completion of the sale, the director owned 1,481 shares in the company, valued at approximately $545,941.03. This trade represents a 41.49% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 451,945 shares of company stock worth $12,382,714 over the last quarter. 12.99% of the stock is owned by insiders.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Major investors increased Alphabet holdings. Berkshire Hathaway reportedly added about $17 billion of Alphabet stock in the second quarter, while Stanley Druckenmiller, Seth Klarman, David Tepper, and other prominent investors also initiated or expanded positions. The buying signals confidence in Alphabet’s valuation and long-term AI opportunity. Berkshire Hathaway adds $17 billion to Alphabet stake
• Positive Sentiment: AI and cloud momentum remains a key bullish catalyst. Commentary highlighted Google Cloud’s 82% quarterly growth, a backlog exceeding $514 billion, Gemini’s reported one billion active users, and the potential for externally sold Tensor Processing Units to become a significant revenue stream beginning in 2027. Alphabet external TPU sales likely game changer
• Positive Sentiment: Alphabet is acquiring Spirit Airlines’ anonymized business data for $10 million. Google plans to use the data for product development and AI-model training; the transaction excludes customer records. The deal is financially small but supports Alphabet’s effort to improve AI systems with proprietary datasets. Google to buy Spirit Airlines business data
• Neutral Sentiment: Alphabet’s disclosed SpaceX investment has appreciated substantially. Reports estimate the stake is now worth roughly $94 billion, potentially strengthening investor perceptions of Alphabet’s investment portfolio, although the value is tied to SpaceX’s volatile private-market valuation. Alphabet SpaceX investment gains
• Negative Sentiment: AI infrastructure spending is creating cash-flow and financing concerns. Alphabet plans more than $200 billion in 2026 capital expenditures and is considering a record A$5 billion Australian bond offering to fund expansion. Investors are increasingly focused on whether future AI returns will justify the spending and additional debt. Alphabet Australian bond offering
• Negative Sentiment: Macro and competitive risks are tempering enthusiasm. ECB researchers warned that a sharp AI-stock correction is historically plausible, while some investors argued Alphabet is a materially different—and less attractive—company than it was two years ago. Viking Global also reportedly reduced its Alphabet position. ECB researchers warn of AI selloff

Analyst Ratings Changes

GOOG has been the subject of a number of research reports. HSBC set a $515.00 price objective on Alphabet in a research report on Friday. Barclays reaffirmed an “overweight” rating and issued a $425.00 target price (up from $405.00) on shares of Alphabet in a research note on Thursday, July 23rd. Royal Bank Of Canada reiterated a “buy” rating and set a $475.00 price target on shares of Alphabet in a research report on Thursday, July 23rd. Pivotal Research boosted their price target on shares of Alphabet from $470.00 to $475.00 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. Finally, Morgan Stanley cut their price objective on shares of Alphabet from $415.00 to $400.00 and set an “overweight” rating on the stock in a report on Thursday, July 23rd. Six research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $415.55.

Alphabet Profile

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.