Alphabet Inc. $GOOG Shares Sold by Live Oak Private Wealth LLC

Live Oak Private Wealth LLC decreased its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 5.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 56,357 shares of the information services provider’s stock after selling 3,168 shares during the period. Alphabet makes up 2.6% of Live Oak Private Wealth LLC’s portfolio, making the stock its 5th biggest holding. Live Oak Private Wealth LLC’s holdings in Alphabet were worth $19,913,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. Denali Advisors LLC raised its position in shares of Alphabet by 14.8% during the second quarter. Denali Advisors LLC now owns 105,988 shares of the information services provider’s stock worth $37,449,000 after purchasing an additional 13,700 shares during the period. Gerber Kawasaki Wealth & Investment Management boosted its position in shares of Alphabet by 1.0% in the 4th quarter. Gerber Kawasaki Wealth & Investment Management now owns 275,943 shares of the information services provider’s stock valued at $86,596,000 after purchasing an additional 2,850 shares during the period. Heck Capital Advisors LLC increased its stake in 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 in the last quarter. Violich Capital Management Inc. increased its stake in 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 in the last quarter. Finally, Montchanin Asset Management LLC acquired a new stake in Alphabet during the 1st quarter worth about $7,075,000. Institutional investors and hedge funds own 27.26% of the company’s stock.

Alphabet Stock Performance

Shares of GOOG opened at $335.31 on Friday. The company has a market capitalization of $4.10 trillion, a PE ratio of 16.84, a PEG ratio of 0.97 and a beta of 1.21. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. The company’s 50 day moving average price is $346.96 and its 200 day moving average price is $340.71. Alphabet Inc. has a 52 week low of $232.38 and a 52 week high of $404.47.

Alphabet (NASDAQ:GOOG) last released its 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. The company had revenue of $119.80 billion during the quarter, compared to the consensus estimate of $116.53 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The company’s revenue was up 24.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.31 EPS. Research analysts expect that Alphabet Inc. will post 20.5 EPS for the current fiscal year.

Alphabet Dividend Announcement

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 given a dividend of $0.22 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is presently 4.42%.

Insider Transactions at Alphabet

In other Alphabet news, Director John Hennessy sold 1,050 shares of the company’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $368.63, for a total value of $387,061.50. Following the transaction, the director directly owned 1,481 shares of the company’s stock, valued at $545,941.03. This represents a 41.49% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Marsida Saraci sold 449 shares of the firm’s stock in a transaction dated Wednesday, July 29th. The stock was 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 of the company’s stock, valued at $9,125,015.20. This trade represents a 1.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 451,925 shares of company stock worth $12,371,544. 12.99% of the stock is owned by company insiders.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s AI expansion remains the main bullish catalyst. WeatherNext 3 is being integrated into Search, Maps and Gemini, while new voice-driven Gemini features are rolling out in Gmail, Docs and Keep, creating potential for broader user engagement and monetization. Alphabet Just Gave Search, Maps and Gemini a New AI Advantage
• Positive Sentiment: Analyst optimism is building around Google Cloud, AI services, hardware and long-term earnings growth. Wolfe Research named Alphabet a top pick for 2027, while other coverage highlights strong recent Cloud growth and a median price target well above current trading levels. Alphabet Stock Opinions on Strong Cloud Growth Prospects
• Positive Sentiment: A federal judge declined to force a breakup of Google’s ad-technology business, reducing the most severe regulatory risk, although operational restrictions remain. The decision also supports Alphabet’s ability to retain its existing ad-tech infrastructure. Google Spared From Ad-Business Breakup
• Neutral Sentiment: Alphabet’s clean-energy partnerships, including Google-backed battery storage and geothermal projects, strengthen power availability for data centers but are unlikely to materially affect near-term earnings. Google’s New Energy Project Gives Eos Energy a Key Technology Validation
• Negative Sentiment: Investors remain concerned that Alphabet’s roughly $44.9 billion quarterly capital expenditure pushed free cash flow negative for the first time since its IPO. The spending may support future AI and Cloud returns, but it increases execution risk and weighs on near-term valuation. 3 Stocks Built for Higher Rates
• Negative Sentiment: Stronger-than-expected employment data lifted Treasury yields and reduced expectations for near-term rate cuts, pressuring large technology stocks. Alphabet also faces investor concern over delayed Gemini releases, ongoing ad-tech remedies, and shareholder securities-fraud investigations. Securities Fraud Investigation Into Alphabet

Analysts Set New Price Targets

A number of research firms have commented on GOOG. UBS Group reaffirmed a “neutral” rating and set a $379.00 price objective (down from $400.00) on shares of Alphabet in a research note on Thursday, July 23rd. JPMorgan Chase & Co. reduced their price target on shares of Alphabet from $460.00 to $420.00 and set an “overweight” rating for the company in a research report on Thursday, July 23rd. TD Cowen reiterated a “buy” rating and set a $475.00 price objective on shares of Alphabet in a research report on Thursday, July 23rd. Zacks Research lowered Alphabet from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 5th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $450.00 target price on shares of Alphabet in a research report on Thursday, May 21st. Six analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, 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.