9,102 Shares in Alphabet Inc. $GOOG Bought by WNY Asset Management LLC

WNY Asset Management LLC bought a new stake in Alphabet Inc. (NASDAQ:GOOG) during the first quarter, according to its most recent filing with the SEC. The firm bought 9,102 shares of the information services provider’s stock, valued at approximately $2,611,000.

Several other institutional investors have also recently bought and sold shares of the company. Imprint Wealth LLC bought a new stake in Alphabet during the third quarter valued at about $31,000. Nvest Wealth Strategies Inc. bought a new position in shares of Alphabet in the fourth quarter worth about $38,000. Lifetime Wealth Management P.C. bought a new position in shares of Alphabet in the fourth quarter worth about $38,000. Bard Associates Inc. acquired a new position in shares of Alphabet during the 4th quarter worth about $41,000. Finally, Towne Trust Company N.A lifted its position in shares of Alphabet by 34.0% during the 4th quarter. Towne Trust Company N.A now owns 134 shares of the information services provider’s stock worth $42,000 after purchasing an additional 34 shares during the last quarter. Institutional investors own 27.26% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on GOOG. Morgan Stanley lowered their target price on Alphabet from $415.00 to $400.00 and set an “overweight” rating on the stock in a report on Thursday, July 23rd. Pivotal Research upped their price target on Alphabet from $470.00 to $475.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Cantor Fitzgerald reissued an “overweight” rating and issued a $420.00 price objective (down from $435.00) on shares of Alphabet in a research report on Thursday, July 23rd. Weiss Ratings reissued a “buy (b)” rating on shares of Alphabet in a research report on Friday, July 17th. Finally, KeyCorp set a $445.00 price objective on shares of Alphabet in a research note on Friday, July 10th. Seven equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Alphabet presently has a consensus rating of “Buy” and an average price target of $410.09.

Alphabet Stock Up 6.9%

NASDAQ GOOG opened at $356.65 on Friday. Alphabet Inc. has a twelve month low of $188.70 and a twelve month high of $404.47. The stock has a market cap of $4.36 trillion, a PE ratio of 17.91, a PEG ratio of 0.94 and a beta of 1.23. The firm has a 50-day simple moving average of $355.82 and a 200 day simple moving average of $337.91. 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 (NASDAQ:GOOG) last issued its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.87 by $6.24. The firm had revenue of $119.80 billion for 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%.The company’s quarterly revenue was up 24.2% compared to the same quarter last year. During the same period in the previous year, the company posted $2.31 earnings per share. On average, research analysts forecast that Alphabet Inc. will post 20.51 EPS for the current year.

Alphabet Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 14th. Stockholders of record on Monday, September 7th will be given a dividend of $0.22 per share. The ex-dividend date is Friday, September 4th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.2%. Alphabet’s payout ratio is currently 4.42%.

Insider Transactions at Alphabet

In other Alphabet news, Director Frances Arnold sold 82 shares of the business’s stock in a transaction on Thursday, July 30th. The shares were sold at an average price of $333.39, for a total value of $27,337.98. Following the sale, the director owned 18,914 shares of the company’s stock, valued at $6,305,738.46. The trade was a 0.43% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Marsida Saraci sold 449 shares of the stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total transaction of $149,606.80. Following the completion of the transaction, the chief accounting officer owned 27,386 shares of the company’s stock, valued at approximately $9,125,015.20. This represents a 1.61% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 600,547 shares of company stock valued at $16,255,540. Company insiders own 12.99% of the company’s stock.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: AI and cloud growth are supporting the stock. Investors are responding to evidence that Alphabet’s large AI investments can drive revenue and profits. Google Cloud continues to be a key valuation driver, while the company’s custom AI chips are increasingly viewed as credible alternatives to Nvidia’s products. Alphabet and Amazon custom AI chips
• Positive Sentiment: Strong fundamentals and bullish positioning remain supportive. Alphabet recently reported quarterly revenue of $119.8 billion, up 24.2% year over year, and exceeded consensus EPS expectations. Analysts remain broadly positive, while investors purchased approximately 275,667 call options Friday—about 33% above average daily call volume.
• Positive Sentiment: Enterprise AI partnerships could expand Google Cloud demand. Alphabet’s Gemini models are being integrated into Oracle’s enterprise software, and the company is reportedly backing financing for an Anthropic data center. These developments could generate additional demand for Alphabet’s cloud infrastructure and AI services.
• Neutral Sentiment: Capital spending remains the central investment debate. Alphabet raised its 2026 capital-expenditure outlook to $195 billion–$205 billion. The spending is intended to capture AI demand, but investors are watching whether future revenue growth will justify the scale of the investment.
• Negative Sentiment: AI spending is weighing on cash flow. A sharp increase in infrastructure investment reportedly pushed free cash flow negative in the latest quarter, while rising memory and data-center costs could increase future depreciation and pressure margins. AI buildout costs
• Negative Sentiment: Google withdrew its Earth AI feature after misinformation concerns. The one-day-old feature allowed fabricated AI images inside Google Earth, and its cancellation highlights reputational and product-governance risks. Google Earth AI feature cancellation

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.