Alphabet Inc. $GOOG Stake Decreased by Korea Investment CORP

Korea Investment CORP lessened its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 9.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,308,997 shares of the information services provider’s stock after selling 349,827 shares during the period. Alphabet makes up approximately 2.2% of Korea Investment CORP’s portfolio, making the stock its 8th biggest holding. Korea Investment CORP’s holdings in Alphabet were worth $1,169,168,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. EP Wealth Advisors LLC lifted its holdings in Alphabet by 16.1% in the second quarter. EP Wealth Advisors LLC now owns 399,284 shares of the information services provider’s stock valued at $141,079,000 after acquiring an additional 55,297 shares during the period. Rakuten Securities Inc. grew its stake in shares of Alphabet by 16.2% during the 2nd quarter. Rakuten Securities Inc. now owns 16,926 shares of the information services provider’s stock worth $5,980,000 after purchasing an additional 2,358 shares during the period. Burnham & Co LLC acquired a new position in shares of Alphabet during the 2nd quarter worth $1,560,000. Robinhood Asset Management LLC grew its stake in shares of Alphabet by 4.1% during the 2nd quarter. Robinhood Asset Management LLC now owns 86,474 shares of the information services provider’s stock worth $30,554,000 after purchasing an additional 3,369 shares during the period. Finally, Gambit Capital Management LLC increased its holdings in shares of Alphabet by 9.1% in the 2nd quarter. Gambit Capital Management LLC now owns 1,768 shares of the information services provider’s stock valued at $625,000 after purchasing an additional 148 shares in the last quarter. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Alphabet Trading Up 1.5%

NASDAQ:GOOG opened at $342.88 on Friday. Alphabet Inc. has a 52-week low of $206.96 and a 52-week high of $404.47. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16. The stock has a fifty day simple moving average of $347.79 and a 200-day simple moving average of $339.97. The company has a market capitalization of $4.19 trillion, a PE ratio of 17.22, a price-to-earnings-growth ratio of 0.95 and a beta of 1.23.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings data on Thursday, July 23rd. The information services provider reported $9.11 EPS for the quarter, beating analysts’ consensus estimates of $2.87 by $6.24. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The firm had revenue of $119.80 billion for the quarter, compared to analysts’ expectations of $116.53 billion. During the same period in the prior year, the company earned $2.31 EPS. The firm’s revenue was up 24.2% on a year-over-year basis. On average, equities research analysts expect that Alphabet Inc. will post 20.51 earnings per share 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 issued a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Friday, September 4th. Alphabet’s dividend payout ratio is 4.42%.

Insider Buying and Selling at Alphabet

In other news, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the firm’s stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $18.90, for a total transaction of $2,232,808.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider John Kent Walker sold 8,998 shares of the firm’s stock in a transaction that occurred 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 transaction, the insider directly 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 451,843 shares of company stock valued at $12,343,852 over the last three months. Company insiders own 12.99% of the company’s stock.

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

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. KeyCorp set a $445.00 price objective on shares of Alphabet in a research note on Friday, July 10th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $475.00 target price on shares of Alphabet in a report on Thursday, July 23rd. Wolfe Research reaffirmed an “outperform” rating on shares of Alphabet in a report on Thursday. Cantor Fitzgerald reiterated an “overweight” rating and set a $420.00 price target (down from $435.00) on shares of Alphabet in a research report on Thursday, July 23rd. Finally, Roth Capital boosted their price target on Alphabet from $435.00 to $440.00 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. Six research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target 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.