Alphabet (NASDAQ:GOOGL) Major Shareholder 2019 Gp L.L.C. Gv Sells 20,534 Shares

Alphabet Inc. (NASDAQ:GOOGL) major shareholder 2019 Gp L.L.C. Gv sold 20,534 shares of the stock in a transaction that occurred on Friday, July 17th. The shares were sold at an average price of $18.68, for a total transaction of $383,575.12. The transaction was disclosed in a filing with the SEC, which is available through this link. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

2019 Gp L.L.C. Gv also recently made the following trade(s):

• On Monday, July 20th, 2019 Gp L.L.C. Gv sold 18,386 shares of Alphabet stock. The stock was sold at an average price of $18.87, for a total transaction of $346,943.82.
• On Friday, July 24th, 2019 Gp L.L.C. Gv sold 23,417 shares of Alphabet stock. The shares were sold at an average price of $18.88, for a total value of $442,112.96.
• On Thursday, July 23rd, 2019 Gp L.L.C. Gv sold 63,297 shares of Alphabet stock. The shares were sold at an average price of $19.06, for a total value of $1,206,440.82.
• On Friday, May 15th, 2019 Gp L.L.C. Gv sold 87,475 shares of Alphabet stock. The shares were sold at an average price of $23.75, for a total value of $2,077,531.25.
• On Thursday, May 14th, 2019 Gp L.L.C. Gv sold 60,077 shares of Alphabet stock. The stock was sold at an average price of $23.01, for a total value of $1,382,371.77.

Alphabet Stock Performance

Shares of GOOGL traded up $6.70 during mid-day trading on Tuesday, hitting $333.26. The stock had a trading volume of 12,938,041 shares, compared to its average volume of 32,346,197. The firm has a market cap of $4.04 trillion, a P/E ratio of 16.74, a PEG ratio of 1.06 and a beta of 1.24. The business has a fifty day moving average price of $361.53 and a 200-day moving average price of $338.98. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. Alphabet Inc. has a 52 week low of $187.82 and a 52 week high of $408.61.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share for the quarter, topping the consensus estimate of $2.89 by $6.22. The company had revenue of $119.80 billion during the quarter, compared to the consensus estimate of $117.07 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. On average, equities research analysts expect that Alphabet Inc. will post 17.59 EPS for the current year.

Alphabet Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 14th. Shareholders of record on Monday, September 7th will be issued 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%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on GOOGL. UBS Group reduced their target price on shares of Alphabet from $400.00 to $379.00 and set a “neutral” rating for the company in a research note on Thursday, July 23rd. Cantor Fitzgerald restated an “overweight” rating and set a $420.00 price target (down from $435.00) on shares of Alphabet in a research note on Thursday, July 23rd. Truist Financial set a $420.00 price objective on shares of Alphabet and gave the stock a “buy” rating in a report on Thursday, July 23rd. DZ Bank upgraded shares of Alphabet to a “strong-buy” rating in a research note on Thursday, July 23rd. Finally, Phillip Securities raised shares of Alphabet from a “moderate buy” rating to a “strong-buy” rating in a report on Monday. Six investment analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, Alphabet has an average rating of “Buy” and an average target price of $419.86.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s second-quarter results exceeded expectations, with earnings per share of $9.11 versus the $2.89 consensus and revenue of $119.8 billion versus estimates of $117.1 billion. Accelerating Google Cloud growth, resilient Search demand and early AI monetization are supporting the bullish case. Forget AI Capex Concerns – Buy Alphabet After Excellent Q2 Earnings
• Positive Sentiment: Phillip Securities upgraded Alphabet from “moderate buy” to “strong buy,” while KeyCorp raised its fiscal 2028 earnings forecast to $17.88 per share and maintained an Overweight rating with a $445 price target. These actions indicate that some analysts view the selloff as an opportunity to buy the dip. Analysts set Google GOOGL stock price target
• Positive Sentiment: A multiyear agreement to bring Peacock programming, including sports and Universal content, to YouTube Premium subscribers in the U.S. could strengthen YouTube’s subscription value proposition and broaden its content ecosystem. NBCUniversal and YouTube ink deal
• Neutral Sentiment: Market commentary increasingly frames the recent technology weakness as sector rotation rather than a collapse in AI demand. Alphabet’s cloud expansion and reported capacity constraints suggest the AI infrastructure cycle remains intact, although investors are demanding clearer returns on spending.
• Negative Sentiment: Alphabet raised its 2026 capital-expenditure outlook to approximately $195 billion-$205 billion. The scale of the AI buildout contributed to negative free cash flow for the first time as a public company, intensifying concerns about cash returns, profitability and the risk of overinvestment. Hyperscalers face higher capex scrutiny
• Negative Sentiment: Following a record $1 billion European fine, rivals are preparing private damage claims that could total as much as $10 billion, creating a potentially significant legal and regulatory overhang. Google rivals line up seeking damages
• Negative Sentiment: Reports that shared Claude conversations and files were publicly searchable through Google exposed potential sensitive information, raising privacy, trust and reputational concerns, though the issue primarily involves Anthropic’s sharing controls.

Institutional Investors Weigh In On Alphabet

A number of institutional investors and hedge funds have recently modified their holdings of GOOGL. Processus Wealth & Capital Management LLC boosted its stake in Alphabet by 1.0% during the second quarter. Processus Wealth & Capital Management LLC now owns 20,509 shares of the information services provider’s stock valued at $7,329,000 after buying an additional 198 shares during the period. First Community Trust NA grew its position in Alphabet by 1.6% during the second quarter. First Community Trust NA now owns 18,694 shares of the information services provider’s stock worth $6,681,000 after buying an additional 297 shares in the last quarter. Walker Asset Management LLC increased its stake in Alphabet by 1.1% in the 2nd quarter. Walker Asset Management LLC now owns 3,070 shares of the information services provider’s stock worth $1,097,000 after acquiring an additional 32 shares during the last quarter. Lee Kelleher & Klein Wealth Management purchased a new stake in shares of Alphabet in the 2nd quarter valued at about $302,000. Finally, Buska Wealth Management LLC raised its holdings in shares of Alphabet by 5.7% in the 2nd quarter. Buska Wealth Management LLC now owns 875 shares of the information services provider’s stock valued at $313,000 after acquiring an additional 47 shares in the last quarter. 40.03% of the stock is owned by hedge funds and other institutional investors.

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.