Alphabet Inc. $GOOG Shares Sold by Elevated Capital Advisors LLC

Elevated Capital Advisors LLC lowered its position in shares of Alphabet Inc. (NASDAQ:GOOG) by 31.8% in the first quarter, Holdings Channel reports. The institutional investor owned 6,408 shares of the information services provider’s stock after selling 2,991 shares during the period. Elevated Capital Advisors LLC’s holdings in Alphabet were worth $1,838,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in GOOG. Roman Butler Fullerton & Co. raised its stake in shares of Alphabet by 1.1% during the 1st quarter. Roman Butler Fullerton & Co. now owns 33,611 shares of the information services provider’s stock worth $10,579,000 after buying an additional 352 shares in the last quarter. Range Financial Group LLC boosted its stake in shares of Alphabet by 1,100.8% in the first quarter. Range Financial Group LLC now owns 12,332 shares of the information services provider’s stock valued at $3,538,000 after buying an additional 11,305 shares in the last quarter. Yukon Wealth Management Inc. boosted its stake in shares of Alphabet by 0.5% in the first quarter. Yukon Wealth Management Inc. now owns 8,338 shares of the information services provider’s stock valued at $2,392,000 after buying an additional 38 shares in the last quarter. Meadow Creek Wealth Advisors LLC grew its holdings in Alphabet by 21.8% during the first quarter. Meadow Creek Wealth Advisors LLC now owns 6,248 shares of the information services provider’s stock worth $1,792,000 after acquiring an additional 1,120 shares during the period. Finally, Mason & Associates Inc grew its holdings in Alphabet by 0.6% during the first quarter. Mason & Associates Inc now owns 10,484 shares of the information services provider’s stock worth $2,864,000 after acquiring an additional 58 shares during the period. Institutional investors and hedge funds own 27.26% of the company’s stock.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet received a fresh boost from analyst commentary and upgrades, including a Zacks Rank #1 (Strong Buy) and Bank of America’s view that Google search remains in an “expansionary moment,” which supports the case for continued earnings strength. Article: Alphabet (GOOG) Upgraded to Strong Buy: Here’s What You Should Know
• Positive Sentiment: Reports highlighted continued user and traffic gains for Google, while new AI chip initiatives suggest Alphabet could expand its TPU business and strengthen its position in cloud AI infrastructure. Article: Google holds steady as Claude, Gemini surge in June user growth
• Positive Sentiment: Several articles framed Alphabet as a key AI beneficiary with custom chips, hyperscaler scale, and potential upside into its July 22 earnings report, which may be helping support the shares. Article: Google (GOOGL) Wants a Bigger Piece of Nvidia’s AI Chip Market – Here’s Its Plan
• Neutral Sentiment: Investors are also watching Alphabet closely because it is a heavily followed “trending stock,” with attention building ahead of earnings rather than on a single new fundamental catalyst. Article: Alphabet Inc. (GOOG) Is a Trending Stock: Facts to Know Before Betting on It
• Negative Sentiment: Despite the bullish AI narrative, multiple reports point to a large and rising capex burden—analysts expect roughly $44.9 billion in Q2 capital spending—raising concerns that heavy AI investment could pressure near-term margins and cash flow. Article: Big Tech’s Massive AI Spending Is Just Starting. Earnings Will Show It.
• Negative Sentiment: Alphabet also faces broader investor concern that its ad dominance could come under threat and that the market may be discounting the payoff from its spending surge until earnings confirm the growth story. Article: Alphabet’s $1 Trillion Ad Dominance Is Facing New Threats

Insider Activity at Alphabet

In other Alphabet news, CAO Marsida Saraci sold 449 shares of the firm’s stock in a transaction dated Friday, June 26th. The stock was sold at an average price of $341.72, for a total value of $153,432.28. Following the transaction, the chief accounting officer directly owned 27,348 shares of the company’s stock, valued at $9,345,358.56. This trade represents a 1.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider John Kent Walker sold 8,998 shares of the stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $349.29, for a total value of $3,142,911.42. Following the completion of the sale, the insider owned 75,290 shares of the company’s stock, valued at approximately $26,298,044.10. This trade represents a 10.68% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 160,465 shares of company stock valued at $8,020,511 over the last three months. Insiders own 12.99% of the company’s stock.

Analyst Upgrades and Downgrades

GOOG has been the subject of a number of recent analyst reports. Oppenheimer raised their target price on Alphabet from $425.00 to $445.00 and gave the company an “outperform” rating in a report on Friday, May 15th. Wells Fargo & Company set a $416.00 price target on shares of Alphabet in a research note on Thursday, July 2nd. TD Cowen increased their price target on shares of Alphabet from $450.00 to $475.00 and gave the company a “buy” rating in a report on Tuesday, June 9th. Raymond James Financial reiterated a “strong-buy” rating and issued a $425.00 price objective on shares of Alphabet in a research note on Thursday, April 30th. Finally, Zacks Research raised shares of Alphabet from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 7th. Five investment analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $378.53.

Alphabet Trading Down 1.2%

Alphabet stock opened at $350.67 on Tuesday. The stock has a 50-day moving average price of $369.19 and a 200 day moving average price of $335.63. Alphabet Inc. has a 52 week low of $180.71 and a 52 week high of $404.47. The stock has a market cap of $4.25 trillion, a PE ratio of 26.75, a P/E/G ratio of 1.52 and a beta of 1.23. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.16.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings results on Thursday, April 30th. The information services provider reported $5.11 earnings per share for the quarter, topping analysts’ consensus estimates of $2.68 by $2.43. The company had revenue of $109.90 billion for the quarter, compared to analyst estimates of $106.96 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The business’s revenue for the quarter was up 21.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.81 EPS. Equities research analysts predict that Alphabet Inc. will post 14.32 earnings per share for the current fiscal year.

Alphabet Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 8th were given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. This is a boost from Alphabet’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend was Monday, June 8th. Alphabet’s dividend payout ratio (DPR) is presently 6.71%.

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.