Blue Edge Capital LLC Invests $7.41 Million in Alphabet Inc. $GOOG

Blue Edge Capital LLC acquired a new stake in shares of Alphabet Inc. (NASDAQ:GOOG) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 20,724 shares of the information services provider’s stock, valued at approximately $7,406,000.

Other hedge funds have also made changes to their positions in the company. Corient Private Wealth LP grew its position in Alphabet by 19.5% during the second quarter. Corient Private Wealth LP now owns 5,210,115 shares of the information services provider’s stock worth $1,840,879,000 after buying an additional 849,131 shares in the last quarter. Port Capital LLC raised its holdings in Alphabet by 1.2% in the 2nd quarter. Port Capital LLC now owns 16,205 shares of the information services provider’s stock valued at $5,726,000 after acquiring an additional 196 shares in the last quarter. Windsor Advisory Group LLC raised its holdings in Alphabet by 67.2% in the 2nd quarter. Windsor Advisory Group LLC now owns 960 shares of the information services provider’s stock valued at $339,000 after acquiring an additional 386 shares in the last quarter. Wallace Capital Management Inc. lifted its position in shares of Alphabet by 14.8% in the 2nd quarter. Wallace Capital Management Inc. now owns 9,462 shares of the information services provider’s stock worth $3,343,000 after acquiring an additional 1,217 shares during the period. Finally, Gallagher Fiduciary Advisors LLC lifted its position in shares of Alphabet by 2.4% in the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 1,552 shares of the information services provider’s stock worth $549,000 after acquiring an additional 36 shares during the period. Institutional investors own 27.26% of the company’s stock.

Alphabet Stock Down 1.0%

NASDAQ GOOG opened at $332.03 on Wednesday. Alphabet Inc. has a 1-year low of $206.96 and a 1-year high of $404.47. The company has a market capitalization of $4.06 trillion, a price-to-earnings ratio of 16.68, a PEG ratio of 0.97 and a beta of 1.23. The stock’s 50 day moving average is $347.23 and its two-hundred day moving average is $340.34. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16.

Alphabet (NASDAQ:GOOG) last issued its earnings results on Thursday, July 23rd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.87 by $6.24. The business had revenue of $119.80 billion during the quarter, compared to analysts’ expectations of $116.53 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.Alphabet’s quarterly revenue was up 24.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.31 EPS. Equities analysts forecast that Alphabet Inc. will post 20.5 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

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

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Royal Bank Of Canada restated a “buy” rating and set a $475.00 price objective on shares of Alphabet in a research report on Thursday, July 23rd. Roth Capital raised their target price on Alphabet from $435.00 to $440.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. Barclays reiterated an “overweight” rating and set a $425.00 price target (up from $405.00) on shares of Alphabet in a research note on Thursday, July 23rd. Wedbush began coverage on shares of Alphabet in a report on Thursday, July 16th. They issued an “outperform” rating and a $445.00 price target on the stock. Finally, HSBC set a $515.00 price objective on shares of Alphabet in a research note on Friday, August 14th. Six research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Alphabet currently has a consensus rating of “Buy” and a consensus target price of $415.55.

Insider Buying and Selling

In other news, CAO Marsida Saraci sold 449 shares of the business’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total value of $149,606.80. Following the sale, the chief accounting officer owned 27,386 shares in the company, valued at approximately $9,125,015.20. The trade was a 1.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider John Kent Walker sold 8,998 shares of the company’s stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $349.29, for a total transaction of $3,142,911.42. Following the completion of the sale, the insider directly owned 75,290 shares in the company, valued at approximately $26,298,044.10. The trade was a 10.68% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 451,925 shares of company stock valued at $12,371,544. 12.99% of the stock is owned by insiders.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google DeepMind is reportedly preparing to release Gemini 3.8 Flash as early as this week. Internal testing suggests the model narrows Google’s coding-performance gap with OpenAI and Anthropic, potentially improving Alphabet’s position in enterprise AI and software development. New Google AI Model Said to Narrow Gap on Coding Ability
• Positive Sentiment: Alphabet-owned Waymo launched public robotaxi service in Denver, San Diego and Tampa, expanding its commercial operations to 14 U.S. cities. The rollout strengthens Alphabet’s long-term autonomous-driving opportunity as competition with Amazon’s Zoox and Tesla intensifies. Waymo accelerates robotaxi expansion
• Positive Sentiment: Google signed a 396-megawatt geothermal power agreement with Fervo Energy, supporting reliable, carbon-free electricity for data-center growth and its AI infrastructure strategy. Fervo signs geothermal power deal with Google
• Neutral Sentiment: Berkshire Hathaway made Alphabet its third-largest holding after reducing Bank of America exposure. The move provides a high-profile vote of confidence, but commentary questioning whether Alphabet is fully valued limits its immediate impact. Alphabet becomes Berkshire’s third-largest holding
• Negative Sentiment: Investors remain concerned that Meta’s AI advertising products and OpenAI’s rapidly growing ad business could threaten Google Search’s advertising dominance and future ad growth. Competition threatens Google Search advertising
• Negative Sentiment: Alphabet’s planned AI infrastructure spending—reportedly potentially reaching $205 billion this year—is raising concerns about depreciation, free cash flow and operating margins despite strong cloud and AI-driven revenue growth. Big Tech AI spending and depreciation concerns
• Negative Sentiment: EU regulators are examining Google’s proposed AI-search publisher opt-out, while a reported £260 million U.K. app-store settlement underscores continuing antitrust and regulatory exposure. EU regulators examine Google AI-search opt-out

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.