Alphabet (NASDAQ:GOOG) Major Shareholder 2019 Gp L.L.C. Gv Sells 63,297 Shares of Stock

Alphabet Inc. (NASDAQ:GOOG) major shareholder 2019 Gp L.L.C. Gv sold 63,297 shares of Alphabet stock in a transaction dated Thursday, July 23rd. The shares were sold at an average price of $19.06, for a total value of $1,206,440.82. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own 10% or more 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 shares were sold at an average price of $18.87, for a total transaction of $346,943.82.
• On Friday, July 17th, 2019 Gp L.L.C. Gv sold 20,534 shares of Alphabet stock. The stock was sold at an average price of $18.68, for a total transaction of $383,575.12.
• On Friday, July 24th, 2019 Gp L.L.C. Gv sold 23,417 shares of Alphabet stock. The stock was sold at an average price of $18.88, for a total value of $442,112.96.
• On Friday, May 15th, 2019 Gp L.L.C. Gv sold 87,475 shares of Alphabet stock. The stock was 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 shares were sold at an average price of $23.01, for a total transaction of $1,382,371.77.

Alphabet Price Performance

Shares of NASDAQ GOOG opened at $332.60 on Wednesday. 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 1-year low of $188.70 and a 1-year high of $404.47. The company has a market capitalization of $4.03 trillion, a price-to-earnings ratio of 16.71, a PEG ratio of 0.95 and a beta of 1.23. The business has a 50-day moving average of $358.25 and a 200-day moving average of $337.68.

Alphabet (NASDAQ:GOOG) last posted its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, topping 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 business 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 company posted $2.31 earnings per share. The business’s revenue for the quarter was up 24.2% compared to the same quarter last year. On average, equities analysts anticipate that Alphabet Inc. will post 19.79 EPS for the current fiscal year.

Alphabet Announces Dividend

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

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of GOOG. Processus Wealth & Capital Management LLC raised its position in shares of Alphabet by 1.0% during the 2nd quarter. Processus Wealth & Capital Management LLC now owns 20,553 shares of the information services provider’s stock worth $7,262,000 after buying an additional 200 shares in the last quarter. Ballast Inc. boosted its holdings in shares of Alphabet by 15.5% in the second quarter. Ballast Inc. now owns 15,191 shares of the information services provider’s stock valued at $5,367,000 after acquiring an additional 2,034 shares in the last quarter. GoalFusion Wealth Management LLC boosted its holdings in shares of Alphabet by 34.4% in the second quarter. GoalFusion Wealth Management LLC now owns 2,073 shares of the information services provider’s stock valued at $733,000 after acquiring an additional 531 shares in the last quarter. Insight Wealth Strategies LLC increased its stake in shares of Alphabet by 2.2% during the second quarter. Insight Wealth Strategies LLC now owns 12,674 shares of the information services provider’s stock valued at $4,536,000 after acquiring an additional 273 shares during the period. Finally, Accel Wealth Management increased its stake in shares of Alphabet by 1.0% during the second quarter. Accel Wealth Management now owns 4,250 shares of the information services provider’s stock valued at $1,502,000 after acquiring an additional 43 shares during the period. 27.26% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

GOOG has been the subject of several recent research reports. BMO Capital Markets boosted their target price on shares of Alphabet from $455.00 to $465.00 and gave the company an “outperform” rating in a research note on Thursday, July 23rd. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Alphabet in a research report on Thursday, July 23rd. Oppenheimer reissued an “outperform” rating and issued a $400.00 target price (down from $445.00) on shares of Alphabet in a report on Thursday, July 23rd. DA Davidson lowered their target price on Alphabet from $375.00 to $350.00 and set a “neutral” rating for the company in a report on Thursday, July 23rd. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Alphabet in a research report on Friday, July 17th. Seven research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Alphabet currently has an average rating of “Buy” and a consensus price target of $410.09.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Strong fundamentals are supporting the rebound. Alphabet’s latest quarter featured 24.2% revenue growth, an EPS beat, and an 82% year-over-year increase in Google Cloud revenue. Analysts and investors argue that AI adoption, Search resilience, YouTube growth, and improving cloud profitability can eventually justify the company’s large infrastructure investments. Alphabet: Buy The Capex-Caused Decline
• Positive Sentiment: Analyst and institutional backing remains constructive. Phillip Securities upgraded Alphabet to “strong buy,” while KeyCorp modestly raised its FY2028 EPS estimate. Asset Management One also added approximately 117,000 GOOGL shares, signaling continued institutional confidence despite recent volatility. Alphabet upgrade
• Positive Sentiment: YouTube expanded its monetization ecosystem. A multiyear agreement will bring Peacock content, including sports and entertainment programming, to YouTube Premium subscribers in the United States, potentially strengthening engagement and subscription value. YouTube and Peacock deal
• Neutral Sentiment: AI remains both the growth engine and the central debate. More than 1,100 technology employees urged governments to establish stronger AI-safety rules. The issue could increase compliance costs, but coordinated regulation may also benefit large, well-funded platforms such as Google over smaller competitors. AI safety plan
• Negative Sentiment: Capital-spending concerns continue to cap enthusiasm. Alphabet’s roughly $195 billion–$205 billion 2026 capex forecast has pushed free cash flow negative and raised questions about returns on AI infrastructure. Investors are looking for evidence that Cloud growth and AI monetization will outpace the spending burden.
• Negative Sentiment: European legal risks are escalating. Following a $1 billion Digital Markets Act fine, rivals could pursue as much as $10 billion in private damages claims, creating potential financial and operational pressure on Google’s European business. Google European damages claims

About Alphabet

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.