Kintra Wealth LLC Has $10.88 Million Stock Position in Alphabet Inc. $GOOG

Kintra Wealth LLC raised its holdings in Alphabet Inc. (NASDAQ:GOOG) by 14.1% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 31,632 shares of the information services provider’s stock after purchasing an additional 3,904 shares during the quarter. Kintra Wealth LLC’s holdings in Alphabet were worth $10,880,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Castlekeep Investment Advisors LLC bought a new position in Alphabet in the second quarter valued at about $29,000. Lifetime Wealth Management P.C. acquired a new position in Alphabet during the fourth quarter worth about $38,000. Imprint Wealth LLC bought a new position in shares of Alphabet in the third quarter worth about $31,000. Bard Associates Inc. acquired a new stake in shares of Alphabet in the 4th quarter valued at approximately $41,000. Finally, Timbuktu Capital Management LLC acquired a new stake in shares of Alphabet in the 2nd quarter valued at approximately $46,000. Institutional investors own 27.26% of the company’s stock.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet announced at least €13 billion (about $15.1 billion) for AI data centers and digital infrastructure in Finland during 2027–2028. The investment will support Gemini, Search, Maps and YouTube, while a 22-year agreement with Fortum for nuclear power could provide reliable, lower-carbon electricity for energy-intensive AI operations. Google to invest $15 billion AI infrastructure in Finland
• Positive Sentiment: Google Cloud and Accenture are creating a group of 1,000 engineers to help customers deploy AI agents. The initiative may accelerate enterprise adoption of Google’s cloud, AI software and custom chips, strengthening the growth outlook for the Cloud segment. Accenture and Google are teaming up to send 1,000 engineers into the field
• Positive Sentiment: Bank of America and other commentary pointed to resilient web traffic despite rising AI competition, offering reassurance that Google’s core search business has not yet been materially displaced. Bank of America Spots Reassuring Signal for Google Stock
• Neutral Sentiment: Google, Microsoft, Amazon, Meta and Anthropic joined a Canadian data-center development pledge. The agreement supports broader AI infrastructure expansion, although it does not immediately change Alphabet’s earnings outlook. HIVE joins Google, Microsoft and Amazon in new Canada data center pledge
• Negative Sentiment: The Finland commitment reinforces concerns that surging AI capital expenditures could pressure free cash flow before revenue and profits fully scale. Investors are increasingly focused on whether Alphabet can earn attractive returns on its massive infrastructure buildout. Alphabet’s ROIC Is Strong, but Is GOOGL Stock a Buy Now?
• Negative Sentiment: Alphabet warned that changes to European search results required by the Digital Markets Act could reduce search quality and increase costs for businesses, creating potential pressure on user engagement, monetization and regulatory expenses. Google warns of lower quality as it revamps Europe search results
• Negative Sentiment: Meta’s launch of its paid Muse AI agent heightened fears that autonomous assistants could bypass traditional search pages and weaken Alphabet’s search advertising model. Separately, delays affecting Alphabet and Blackstone’s Project Braid data-center venture underscore execution risks in the AI expansion. Meta rises as Muse AI agent arrives

Insider Activity at Alphabet

In other news, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the business’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 value of $2,232,808.20. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Frances Arnold sold 82 shares of the stock in a transaction on Friday, August 28th. The stock was sold at an average price of $337.71, for a total transaction of $27,692.22. Following the sale, the director owned 18,995 shares of the company’s stock, valued at approximately $6,414,801.45. This trade represents a 0.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 451,925 shares of company stock worth $12,371,544 over the last ninety days. Insiders own 12.99% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on GOOG shares. UBS Group reiterated a “neutral” rating and set a $379.00 price objective (down from $400.00) on shares of Alphabet in a research report on Thursday, July 23rd. Oppenheimer reaffirmed an “outperform” rating and set a $400.00 target price (down from $445.00) on shares of Alphabet in a research note on Thursday, July 23rd. Piper Sandler reiterated an “overweight” rating and set a $395.00 price target (down from $445.00) on shares of Alphabet in a report on Thursday, July 23rd. Canaccord Genuity Group set a $450.00 price target on Alphabet in a research note on Thursday, July 23rd. Finally, Wedbush started coverage on Alphabet in a research note on Thursday, July 16th. They issued an “outperform” rating and a $445.00 price target for the company. Six research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $415.55.

Alphabet Price Performance

Shares of NASDAQ:GOOG opened at $328.38 on Thursday. The firm has a market cap of $4.02 trillion, a PE ratio of 16.49, a price-to-earnings-growth ratio of 0.97 and a beta of 1.21. The firm’s fifty day moving average is $345.69 and its 200-day moving average is $341.58. 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 $236.58 and a 52 week high of $404.47.

Alphabet (NASDAQ:GOOG) last announced its earnings results on Thursday, July 23rd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.87 by $6.24. The business had revenue of $119.80 billion during the quarter, compared to analyst estimates of $116.53 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.Alphabet’s revenue for the quarter was up 24.2% compared to the same quarter last year. During the same period last year, the company earned $2.31 EPS. Sell-side analysts predict that Alphabet Inc. will post 20.5 earnings per share for the current year.

Alphabet Dividend Announcement

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

Alphabet Profile

Alphabet Inc is a technology holding company best known as the parent company of Google. It was established in 2015 as part of a corporate restructuring intended to separate Google’s core internet businesses from a collection of other ventures. Google remains Alphabet’s largest business and serves users, advertisers, businesses and developers worldwide.

Google’s principal products and services include its internet search engine, online advertising platforms, YouTube, Android, Chrome, Google Maps, Google Play and Google Photos.