Symphony Financial Ltd. Co. Purchases 1,574 Shares of Alphabet Inc. $GOOG

Symphony Financial Ltd. Co. grew its position in Alphabet Inc. (NASDAQ:GOOG) by 5.1% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 32,387 shares of the information services provider’s stock after purchasing an additional 1,574 shares during the period. Alphabet comprises about 1.3% of Symphony Financial Ltd. Co.’s portfolio, making the stock its 21st largest position. Symphony Financial Ltd. Co.’s holdings in Alphabet were worth $11,384,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Secure Asset Management LLC grew its holdings in shares of Alphabet by 42.3% in the 2nd quarter. Secure Asset Management LLC now owns 9,338 shares of the information services provider’s stock valued at $3,299,000 after buying an additional 2,777 shares during the period. Bedel Financial Consulting Inc. raised its stake in Alphabet by 11.8% during the 2nd quarter. Bedel Financial Consulting Inc. now owns 16,537 shares of the information services provider’s stock worth $5,843,000 after buying an additional 1,747 shares during the period. Midwest Professional Planners LTD. lifted its holdings in Alphabet by 2.8% during the second quarter. Midwest Professional Planners LTD. now owns 9,875 shares of the information services provider’s stock worth $3,489,000 after acquiring an additional 268 shares in the last quarter. Acorn Wealth Advisors LLC lifted its holdings in Alphabet by 5.8% during the second quarter. Acorn Wealth Advisors LLC now owns 3,005 shares of the information services provider’s stock worth $1,062,000 after acquiring an additional 165 shares in the last quarter. Finally, Legacy Financial Advisors Inc. grew its stake in Alphabet by 4.8% in the second quarter. Legacy Financial Advisors Inc. now owns 30,520 shares of the information services provider’s stock valued at $10,784,000 after acquiring an additional 1,404 shares during the period. 27.26% of the stock is owned by institutional investors.

Insider Activity

In other Alphabet news, insider Kent Walker sold 8,998 shares of the company’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 value of $3,142,911.42. Following the sale, the insider owned 75,290 shares in the company, valued at $26,298,044.10. This represents a 10.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the stock in a transaction on Monday, July 27th. The shares were sold at an average price of $19.46, for a total value of $3,832,277.26. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 451,925 shares of company stock valued at $12,371,544 over the last three months. Corporate insiders own 12.99% of the company’s stock.

Alphabet Stock Down 1.1%

Alphabet stock opened at $335.31 on Friday. The company has a market cap of $4.10 trillion, a P/E ratio of 16.84, a price-to-earnings-growth ratio of 0.97 and a beta of 1.21. Alphabet Inc. has a 1-year low of $232.38 and a 1-year high of $404.47. The company has a fifty day simple moving average of $346.96 and a 200 day simple moving average of $340.71. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings results on Thursday, July 23rd. The information services provider reported $9.11 EPS for the quarter, topping the consensus estimate 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 previous year, the firm posted $2.31 EPS. The company’s revenue for the quarter was up 24.2% on a year-over-year basis. Research analysts anticipate that Alphabet Inc. will post 20.5 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The business also recently declared 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 annualized dividend and a yield of 0.3%. Alphabet’s dividend payout ratio is 4.42%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on GOOG shares. Roth Capital increased their price target on Alphabet from $435.00 to $440.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Citigroup reiterated a “market outperform” rating on shares of Alphabet in a research report on Friday, August 14th. Weiss Ratings reissued a “buy (b)” rating on shares of Alphabet in a research note on Friday, July 17th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $420.00 price target (down from $435.00) on shares of Alphabet in a research note on Thursday, July 23rd. Finally, Royal Bank Of Canada reiterated a “buy” rating and issued a $475.00 price target on shares of Alphabet in a report on Thursday, July 23rd. Six equities research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Alphabet currently has an average rating of “Buy” and a consensus price target of $415.55.

Alphabet News Summary

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

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.