Elyxium Wealth LLC Has $52.71 Million Holdings in Alphabet Inc. $GOOG

Elyxium Wealth LLC grew its holdings in Alphabet Inc. (NASDAQ:GOOG) by 1,406.4% during the second quarter, Holdings Channel.com reports. The firm owned 149,177 shares of the information services provider’s stock after acquiring an additional 139,274 shares during the period. Alphabet accounts for about 5.5% of Elyxium Wealth LLC’s portfolio, making the stock its 3rd largest position. Elyxium Wealth LLC’s holdings in Alphabet were worth $52,709,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. Summit Global Investments increased its stake in shares of Alphabet by 9.1% in the second quarter. Summit Global Investments now owns 20,246 shares of the information services provider’s stock valued at $7,153,000 after buying an additional 1,683 shares in the last quarter. Hussman Strategic Advisors Inc. bought a new stake in Alphabet during the 2nd quarter worth about $1,484,000. Daniel Investment Group Inc. acquired a new stake in Alphabet in the 2nd quarter valued at about $4,724,000. Citizens Business Bank increased its position in Alphabet by 0.3% in the 2nd quarter. Citizens Business Bank now owns 13,022 shares of the information services provider’s stock valued at $4,601,000 after acquiring an additional 36 shares in the last quarter. Finally, Summit Wealth Partners LLC raised its stake in shares of Alphabet by 2.8% in the second quarter. Summit Wealth Partners LLC now owns 11,290 shares of the information services provider’s stock worth $3,989,000 after acquiring an additional 303 shares during the last quarter. Institutional investors own 27.26% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on GOOG. TD Cowen reiterated a “buy” rating and set a $475.00 target price on shares of Alphabet in a research report on Thursday, July 23rd. The Goldman Sachs Group reissued a “buy” rating and issued a $450.00 price target on shares of Alphabet in a report on Thursday, May 21st. Royal Bank Of Canada reaffirmed a “buy” rating and set a $475.00 price objective on shares of Alphabet in a report on Thursday, July 23rd. DA Davidson decreased their price objective on Alphabet from $375.00 to $350.00 and set a “neutral” rating on the stock in a research report on Thursday, July 23rd. Finally, Rosenblatt Securities set a $393.00 price objective on Alphabet in a research report on Thursday, July 23rd. Six analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $415.55.

Insider Buying and Selling at Alphabet

In other news, Director Frances Arnold sold 82 shares of the firm’s stock in a transaction on Thursday, July 30th. The stock was sold at an average price of $333.39, for a total value of $27,337.98. Following the transaction, the director directly owned 18,914 shares in the company, valued at $6,305,738.46. This trade represents a 0.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of Alphabet stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $18.90, for a total value of $2,232,808.20. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 451,945 shares of company stock worth $12,382,714. 12.99% of the stock is currently owned by insiders.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Berkshire Hathaway significantly increased its Alphabet position. Berkshire owned approximately 106 million shares worth $37.9 billion at the end of June after raising its stake by 83% during the second quarter. Alphabet is now Berkshire’s third-largest U.S.-listed equity holding, a notable vote of confidence under CEO Greg Abel. Berkshire Hathaway boosts Alphabet to a top three holding
• Positive Sentiment: Digital advertising estimates improved. July advertiser spending exceeded consensus expectations, supporting the outlook for Alphabet’s core advertising business. Alphabet also launched Gemini 3.7 Flash for coding and automated business workflows, potentially expanding monetization opportunities in enterprise AI. Internet stock advertising estimate revisions
• Positive Sentiment: Alphabet’s SpaceX investment has become a major unrealized asset. The company disclosed that its roughly $900 million investment in SpaceX is now worth about $94 billion, highlighting the value of Alphabet’s venture portfolio, although the gain does not directly represent operating revenue or cash flow. Alphabet’s SpaceX bet grows 100-fold
• Positive Sentiment: Other institutions also added exposure. UniSuper increased its GOOG and GOOGL holdings, while several major funds reported purchases, reinforcing the perception that Alphabet remains attractively valued after its recent pullback.
• Neutral Sentiment: Google expanded Gemini access in schools and introduced tools allowing users to remove visible watermarks from AI-generated content while retaining invisible SynthID protections. These moves could improve adoption but have uncertain near-term financial effects. Google turns on Gemini AI for students
• Negative Sentiment: Gemini lost chatbot-visit share to ChatGPT in July. Although Gemini surpassed one billion monthly active users, its share of chatbot visits fell to 28.8%, raising concerns about competitive momentum in consumer AI.
• Negative Sentiment: AI investment is pressuring cash flow. Analysts continue to flag Alphabet’s very high data-center and chip spending, with some estimates showing weaker free-cash-flow generation than Microsoft and Meta in 2027.
• Negative Sentiment: Several funds reduced Alphabet positions. Barclays, Franklin Resources, Magellan and other managers reported trimming GOOG or GOOGL holdings, partially offsetting Berkshire’s large purchase. Alphabet also faces reputational risk from a reported Google-ad phishing scam and a law-firm investigation of investor claims.

Alphabet Stock Down 0.1%

Shares of NASDAQ GOOG opened at $343.54 on Friday. Alphabet Inc. has a 1 year low of $197.46 and a 1 year high of $404.47. The firm’s 50-day moving average is $352.09 and its 200-day moving average is $339.57. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $4.20 trillion, a PE ratio of 17.25, a price-to-earnings-growth ratio of 0.96 and a beta of 1.23.

Alphabet (NASDAQ:GOOG) last posted its quarterly earnings results on Thursday, July 23rd. The information services provider reported $9.11 earnings per share 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 during the quarter, compared to the consensus estimate of $116.53 billion. During the same period in the previous year, the firm posted $2.31 earnings per share. Alphabet’s revenue for the quarter was up 24.2% compared to the same quarter last year. Equities analysts expect that Alphabet Inc. will post 20.51 EPS for the current year.

Alphabet Dividend Announcement

The firm also recently announced 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. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Friday, September 4th. Alphabet’s payout ratio is currently 4.42%.

Alphabet Profile

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.