Alphabet Inc. $GOOGL Shares Sold by Westmount Partners LLC

Westmount Partners LLC reduced its stake in Alphabet Inc. (NASDAQ:GOOGL) by 6.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,699 shares of the information services provider’s stock after selling 2,066 shares during the quarter. Alphabet comprises approximately 2.4% of Westmount Partners LLC’s portfolio, making the stock its 8th biggest holding. Westmount Partners LLC’s holdings in Alphabet were worth $10,971,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in GOOGL. NewEdge Wealth LLC grew its holdings in shares of Alphabet by 11.8% during the 4th quarter. NewEdge Wealth LLC now owns 887,209 shares of the information services provider’s stock worth $277,696,000 after purchasing an additional 93,293 shares during the period. PFG Investments LLC raised its holdings in Alphabet by 2.6% in the first quarter. PFG Investments LLC now owns 89,299 shares of the information services provider’s stock valued at $25,679,000 after buying an additional 2,269 shares during the period. Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust acquired a new position in Alphabet during the fourth quarter valued at approximately $28,902,000. W.G. Shaheen & Associates DBA Whitney & Co lifted its position in Alphabet by 17.1% during the fourth quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 118,966 shares of the information services provider’s stock valued at $37,236,000 after buying an additional 17,415 shares in the last quarter. Finally, KLCM Advisors Inc. lifted its position in Alphabet by 66.1% during the fourth quarter. KLCM Advisors Inc. now owns 22,877 shares of the information services provider’s stock valued at $7,161,000 after buying an additional 9,105 shares in the last quarter. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Royal Bank Of Canada reissued an “outperform” rating and issued a $425.00 price objective on shares of Alphabet in a research report on Thursday, July 23rd. Guggenheim reaffirmed a “buy” rating and set a $450.00 price target (up from $375.00) on shares of Alphabet in a research report on Thursday, April 30th. Daiwa Securities Group increased their price target on Alphabet from $380.00 to $445.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Dbs Bank increased their price target on Alphabet from $400.00 to $460.00 in a report on Thursday, May 7th. Finally, Freedom Capital raised Alphabet from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 23rd. Five analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, Alphabet has an average rating of “Buy” and a consensus target price of $419.86.

Alphabet Stock Up 0.8%

Shares of Alphabet stock opened at $346.36 on Friday. Alphabet Inc. has a 1-year low of $196.60 and a 1-year high of $408.61. The company has a market capitalization of $4.24 trillion, a PE ratio of 17.40, a P/E/G ratio of 0.96 and a beta of 1.24. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. The business has a 50-day moving average of $354.11 and a 200-day moving average of $341.06.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, topping the consensus estimate of $2.89 by $6.22. The business had revenue of $119.80 billion for the quarter, compared to analysts’ expectations of $117.07 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. As a group, equities analysts forecast that Alphabet Inc. will post 20.51 EPS for the current fiscal 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 is Friday, September 4th. This represents a $0.88 annualized dividend and a yield of 0.3%. Alphabet’s payout ratio is currently 4.42%.

Insiders Place Their Bets

In other news, Director Frances Arnold sold 82 shares of the firm’s stock in a transaction that occurred on Thursday, July 30th. The shares were sold at an average price of $333.39, for a total transaction of $27,337.98. Following the completion of the sale, the director owned 18,914 shares of the company’s stock, valued at approximately $6,305,738.46. This trade represents a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Marsida Saraci sold 449 shares of Alphabet stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total transaction of $149,606.80. Following the completion of the sale, the chief accounting officer owned 27,386 shares of the company’s stock, valued at approximately $9,125,015.20. This trade represents a 1.61% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 451,945 shares of company stock valued at $12,382,714 over the last 90 days. 11.61% of the stock is owned by company insiders.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet disclosed that it still owns a substantial stake in SpaceX, an investment that has reportedly generated an exceptional return since 2015. The holding could provide significant balance-sheet value, although it does not directly improve Alphabet’s operating earnings. Google Parent Alphabet Just Revealed How Many SpaceX Shares It Owns
• Positive Sentiment: Google launched Gemini 3.7 Flash, targeting software coding and automated business workflows. The release supports Alphabet’s effort to monetize Gemini through enterprise and developer use, though investors noted that Google provided no timing for its flagship Pro model. Google unveils Gemini 3.7 Flash AI model
• Positive Sentiment: A new partnership with Zocdoc will allow users to book healthcare appointments directly through the Gemini app. The initiative adds a practical, potentially commercial use case for Gemini while emphasizing data privacy. Gemini and Zocdoc launch AI doctor booking
• Positive Sentiment: Ryanair signed a five-year Google Cloud agreement covering Gemini, DeepMind and Workspace across approximately 35,000 employees. The contract adds evidence of enterprise demand for Google’s cloud and AI offerings. Ryanair signs five-year Google Cloud deal
• Neutral Sentiment: Google unveiled Pixel 11 devices, Pixel Watch 5 and a $29 Pixel Tag, with Gemini integration as the main product theme. The launches strengthen Alphabet’s consumer ecosystem, but limited hardware changes make their sales impact uncertain. Google unveils Pixel 11 lineup
• Negative Sentiment: Zacks Research downgraded Alphabet from “strong buy” to “hold,” citing the stock’s pullback, heavy AI spending and pressure on cash flow despite strong Cloud growth and a reported $514 billion backlog. GOOGL down from 52-week high
• Negative Sentiment: Prediction-market odds for an imminent Gemini Pro launch collapsed, raising concerns that Google may be moving slower than expected in the frontier-AI race. Separately, Nvidia’s major financing and chip initiative could intensify competition with Alphabet’s custom AI hardware. Traders slash odds on imminent Gemini Pro launch
• Negative Sentiment: Pomerantz LLP said it is investigating potential claims on behalf of Alphabet investors. The announcement does not establish wrongdoing, but adds legal and headline risk. Pomerantz investor alert

Alphabet Company Profile

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.