LM Advisors LLC Purchases 96,215 Shares of Alphabet Inc. $GOOG

LM Advisors LLC increased its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 246.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 135,276 shares of the information services provider’s stock after purchasing an additional 96,215 shares during the quarter. Alphabet accounts for about 5.5% of LM Advisors LLC’s investment portfolio, making the stock its 5th largest holding. LM Advisors LLC’s holdings in Alphabet were worth $47,750,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in GOOG. Gerber Kawasaki Wealth & Investment Management boosted its stake in Alphabet by 1.0% in the fourth quarter. Gerber Kawasaki Wealth & Investment Management now owns 275,943 shares of the information services provider’s stock valued at $86,596,000 after acquiring an additional 2,850 shares during the period. Heck Capital Advisors LLC lifted its holdings in shares of Alphabet by 298.2% in the 2nd quarter. Heck Capital Advisors LLC now owns 22,229 shares of the information services provider’s stock worth $7,854,000 after purchasing an additional 16,647 shares during the last quarter. Violich Capital Management Inc. lifted its holdings in shares of Alphabet by 1.0% in the 4th quarter. Violich Capital Management Inc. now owns 340,776 shares of the information services provider’s stock worth $106,936,000 after purchasing an additional 3,378 shares during the last quarter. Montchanin Asset Management LLC acquired a new position in Alphabet during the 1st quarter valued at approximately $7,075,000. Finally, Sax Wealth Advisors LLC boosted its position in Alphabet by 13.3% during the 2nd quarter. Sax Wealth Advisors LLC now owns 30,489 shares of the information services provider’s stock valued at $10,773,000 after purchasing an additional 3,575 shares during the period. Institutional investors and hedge funds own 27.26% of the company’s stock.

Analyst Ratings Changes

Several brokerages have weighed in on GOOG. Barclays reaffirmed an “overweight” rating and issued a $425.00 target price (up from $405.00) on shares of Alphabet in a research report on Thursday, July 23rd. Piper Sandler reissued an “overweight” rating and set a $395.00 price target (down from $445.00) on shares of Alphabet in a report on Thursday, July 23rd. Rosenblatt Securities started coverage on shares of Alphabet in a research report on Thursday, August 20th. They set a “buy” rating for the company. Pivotal Research increased their price objective on shares of Alphabet from $470.00 to $475.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Finally, KeyCorp set a $445.00 price objective on shares of Alphabet in a research report on Friday, July 10th. Six equities research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Alphabet has a consensus rating of “Buy” and a consensus price target of $415.55.

Alphabet Stock Up 1.5%

GOOG opened at $342.88 on Friday. The stock’s 50 day moving average price is $347.79 and its 200 day moving average price is $339.97. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. The stock has a market cap of $4.19 trillion, a P/E ratio of 17.22, a P/E/G ratio of 0.96 and a beta of 1.23. Alphabet Inc. has a 12 month low of $206.96 and a 12 month high of $404.47.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings results on Thursday, July 23rd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.87 by $6.24. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.The company had revenue of $119.80 billion during the quarter, compared to analyst estimates of $116.53 billion. During the same quarter in the previous year, the firm posted $2.31 EPS. The firm’s quarterly revenue was up 24.2% on a year-over-year basis. As a group, research analysts predict that Alphabet Inc. will post 20.5 earnings per share for the current year.

Alphabet Dividend Announcement

The business also recently disclosed 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. 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 is presently 4.42%.

Insider Activity at Alphabet

In other Alphabet news, Director John L. Hennessy sold 1,050 shares of the firm’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $368.63, for a total transaction of $387,061.50. Following the transaction, the director owned 1,481 shares of the company’s stock, valued at approximately $545,941.03. This trade represents a 41.49% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider John Kent Walker sold 8,998 shares of the business’s stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $349.29, for a total transaction of $3,142,911.42. Following the sale, the insider owned 75,290 shares in the company, valued at $26,298,044.10. This trade represents a 10.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 451,843 shares of company stock worth $12,343,852. 12.99% of the stock is currently owned by corporate insiders.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: AI products are broadening Alphabet’s growth story. Google is expanding AI Mode with flight-price tracking, hotel-booking assistance and loyalty-point comparisons, while Gemini’s new “Personal Intelligence” features are making AI assistance more accessible to mainstream users. A potential Gemini 3.8 Flash release and the hiring of former OpenAI executive Barret Zoph further reinforce Alphabet’s competitive AI position. Google AI Mode article
• Positive Sentiment: Cloud momentum and AI infrastructure remain key bullish catalysts. Analysts point to surging Google Cloud revenue, AI adoption and a reported $514 billion backlog as evidence that Alphabet is gaining ground on Microsoft and Amazon. Wolfe Research named Alphabet a top 2027 pick and set a $460 target, citing accelerating cloud growth. Alphabet’s expanded custom-chip relationship with Marvell could also strengthen its TPU ecosystem and reduce reliance on outside suppliers over time. Google Cloud growth article
• Neutral Sentiment: Technical and valuation commentary is broadly supportive but not a new fundamental catalyst. Analysts continue to view GOOG favorably, and technical analysis identifies support near a key moving-average level. However, the stock remains below its 50-day average, suggesting investors are still weighing growth against execution risks. Alphabet technical analysis
• Negative Sentiment: Regulatory and litigation overhangs persist. Google changed its European spam-policy enforcement to avoid a potential antitrust fine, a concession that may reduce near-term financial risk but could constrain search operations. Alphabet also agreed to a roughly $353 million UK Play Store settlement, while the FTC is reportedly considering a lawsuit over YouTube account suspensions. Multiple law firms separately announced securities-fraud investigations, though these notices do not establish wrongdoing. Google EU spam policy article
• Negative Sentiment: Investors remain alert to the cost of the AI race. Reports that major technology companies have approximately $3 trillion in off-balance-sheet AI commitments, alongside Alphabet’s heavy capital spending and negative free cash flow concerns, could pressure future returns if AI monetization lags investment. Big Tech AI spending article

Alphabet Company 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.