Alphabet Inc. $GOOGL Shares Sold by Eurizon SLJ Capital Ltd

Eurizon SLJ Capital Ltd lessened its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 13.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 34,845 shares of the information services provider’s stock after selling 5,230 shares during the quarter. Alphabet accounts for approximately 4.6% of Eurizon SLJ Capital Ltd’s holdings, making the stock its 3rd largest holding. Eurizon SLJ Capital Ltd’s holdings in Alphabet were worth $12,453,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Warburton Capital Management LLC raised its holdings in shares of Alphabet by 0.9% in the second quarter. Warburton Capital Management LLC now owns 4,337 shares of the information services provider’s stock valued at $1,549,000 after purchasing an additional 38 shares during the last quarter. SoundView Advisors Inc. acquired a new stake in Alphabet during the 2nd quarter valued at $241,000. Hohimer Wealth Management LLC lifted its stake in shares of Alphabet by 1.3% during the 2nd quarter. Hohimer Wealth Management LLC now owns 37,879 shares of the information services provider’s stock worth $13,537,000 after buying an additional 469 shares during the last quarter. Platt Wealth Management LLC lifted its stake in shares of Alphabet by 0.8% during the 2nd quarter. Platt Wealth Management LLC now owns 17,058 shares of the information services provider’s stock worth $6,096,000 after buying an additional 132 shares during the last quarter. Finally, Firestone Capital Management boosted its holdings in shares of Alphabet by 1.8% during the 2nd quarter. Firestone Capital Management now owns 6,394 shares of the information services provider’s stock worth $2,285,000 after buying an additional 116 shares during the period. 40.03% of the stock is currently owned by institutional investors.

Alphabet Trading Down 1.2%

Shares of GOOGL opened at $340.67 on Friday. The business’s fifty day moving average is $352.30 and its 200-day moving average is $341.34. The firm has a market cap of $4.17 trillion, a price-to-earnings ratio of 17.11, a PEG ratio of 0.97 and a beta of 1.24. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. Alphabet Inc. has a 52-week low of $199.43 and a 52-week high of $408.61.

Alphabet (NASDAQ:GOOGL) last released its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.89 by $6.22. The firm had revenue of $119.80 billion for the quarter, compared to analysts’ expectations of $117.07 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. Equities analysts anticipate that Alphabet Inc. will post 20.51 EPS for the current fiscal year.

Alphabet Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 14th. Shareholders of record on Monday, September 7th will be given a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 0.3%. The ex-dividend date is Friday, September 4th. Alphabet’s dividend payout ratio is 4.42%.

Insider Buying and Selling at Alphabet

In related news, insider John Kent Walker sold 8,998 shares of the firm’s stock in a transaction on 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 completion of the transaction, the insider directly owned 75,290 shares of the company’s stock, valued at $26,298,044.10. This trade represents a 10.68% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John L. Hennessy sold 1,050 shares of Alphabet 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 in the company, valued at $545,941.03. The trade was a 41.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 451,945 shares of company stock worth $12,382,714 in the last three months. 11.61% of the stock is currently owned by company insiders.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Analyst remains bullish: Rosenblatt Securities reaffirmed its “buy” rating and set a $410 price target, implying substantial upside from the recent trading level. Analyst Scott Devitt also expects Alphabet to reach a new all-time high over the next 12 months. Rosenblatt rating
• Positive Sentiment: AI infrastructure and cloud growth remain key positives: Google Cloud reportedly grew revenue 82% year over year in the latest quarter, while Alphabet’s partnership with Marvell expands access to custom AI accelerators, networking, storage, and memory technologies connected to Google’s TPU ecosystem. The deal could improve supply-chain flexibility and support long-term AI capacity. Marvell Google AI chip deal
• Positive Sentiment: Waymo is expanding commercially: Alphabet’s autonomous-driving unit opened its lower-cost next-generation robotaxi to all riders in Los Angeles, Phoenix, and San Francisco, potentially improving the economics and scalability of the business. Waymo robotaxi expansion
• Neutral Sentiment: Google introduced a “favorite source” feature that lets users prioritize publishers in Search, Discover, and Google News. The move may help preserve publisher relationships and search content quality, but its effect on revenue is uncertain. Google publisher feature
• Neutral Sentiment: Alphabet is reportedly raising approximately $3.9 billion through its first Australian-dollar bond sale. The financing could support AI infrastructure investment, though it also underscores the capital intensity of the company’s expansion plans. Alphabet Australian dollar bond
• Negative Sentiment: Custom-chip competition is increasing: Marvell’s agreement and potential $12.2 billion warrant give Google an incentive to direct more purchases toward Marvell, raising concerns that Broadcom’s previously dominant role in Google’s TPU ecosystem could be diluted. While diversification may benefit Google over time, investors may view the deal as evidence that AI spending will require heavier investment and a more complex supply chain.
• Negative Sentiment: Legal and execution risks remain: A court delayed approval of Google’s proposed purchase of Spirit Airlines’ internal data after union objections, while Micro1 is offering more than Google’s reported $10 million bid. Separately, the departure of longtime AI leader Jeff Dean and expectations that the flagship Gemini Pro release may be delayed into the autumn add to investor uncertainty. Spirit Airlines data sale delay
• Negative Sentiment: A law firm announced an investigation into potential claims on behalf of Alphabet investors, creating an additional headline risk, although no allegations or financial impact were established in the announcement. Alphabet investor investigation

Analyst Upgrades and Downgrades

Several research firms have weighed in on GOOGL. Freedom Capital raised shares of Alphabet from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 23rd. CICC Research boosted their price objective on Alphabet from $388.00 to $407.91 and gave the stock an “outperform” rating in a report on Friday, May 1st. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $425.00 target price on shares of Alphabet in a research report on Thursday, July 23rd. Wells Fargo & Company set a $411.00 target price on Alphabet and gave the stock an “overweight” rating in a research note on Thursday, July 23rd. Finally, Rosenblatt Securities reissued a “buy” rating and set a $410.00 price target on shares of Alphabet in a report on Thursday. Five analysts have rated the stock with a Strong Buy rating, forty-five have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $420.19.

About Alphabet

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.