Nwam LLC Purchases 10,500 Shares of Alphabet Inc. $GOOG

Nwam LLC boosted its position in Alphabet Inc. (NASDAQ:GOOG) by 17.3% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 71,023 shares of the information services provider’s stock after purchasing an additional 10,500 shares during the quarter. Alphabet comprises about 1.3% of Nwam LLC’s portfolio, making the stock its 12th biggest holding. Nwam LLC’s holdings in Alphabet were worth $25,095,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Teza Capital Management LLC bought a new position in Alphabet during the 2nd quarter worth $421,000. Rehmann Capital Advisory Group grew its stake in shares of Alphabet by 5.0% in the second quarter. Rehmann Capital Advisory Group now owns 60,768 shares of the information services provider’s stock valued at $21,463,000 after acquiring an additional 2,898 shares in the last quarter. Denver PWM LLC grew its stake in shares of Alphabet by 14.3% in the second quarter. Denver PWM LLC now owns 1,470 shares of the information services provider’s stock valued at $505,000 after acquiring an additional 184 shares in the last quarter. Montanova Capital LLC bought a new position in Alphabet during the second quarter worth about $1,201,000. Finally, Advocacy Wealth Management LLC increased its position in Alphabet by 1.3% during the second quarter. Advocacy Wealth Management LLC now owns 3,905 shares of the information services provider’s stock worth $1,380,000 after acquiring an additional 50 shares during the period. 27.26% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Kent Walker sold 8,998 shares of the stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $349.29, for a total value of $3,142,911.42. Following the completion of the transaction, the insider owned 75,290 shares of the company’s stock, valued at approximately $26,298,044.10. This represents a 10.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the firm’s stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $19.46, for a total transaction of $3,832,277.26. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 451,925 shares of company stock worth $12,371,544 in the last ninety days. Insiders own 12.99% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the stock. TD Cowen reissued a “buy” rating and issued a $475.00 price objective on shares of Alphabet in a report on Thursday, July 23rd. Stifel Nicolaus set a $420.00 price target on shares of Alphabet in a research report on Wednesday, May 20th. Rosenblatt Securities initiated coverage on Alphabet in a research note on Thursday, August 20th. They issued a “buy” rating for the company. Wolfe Research restated an “outperform” rating on shares of Alphabet in a research note on Thursday, August 27th. Finally, Truist Financial dropped their price objective on Alphabet from $430.00 to $420.00 and set a “buy” rating for the company in a report on Thursday, July 23rd. Six equities research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $415.55.

Alphabet Stock Down 1.1%

Shares of GOOG opened at $335.31 on Friday. The firm has a 50 day simple moving average of $346.96 and a two-hundred day simple moving average of $340.71. 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 one year low of $232.38 and a one year high of $404.47. The company has a market cap of $4.10 trillion, a P/E ratio of 16.84, a P/E/G ratio of 0.98 and a beta of 1.21.

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

Alphabet Announces Dividend

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 paid a dividend of $0.22 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.88 annualized dividend and a yield of 0.3%. Alphabet’s payout ratio is presently 4.42%.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s AI expansion remains the main bullish catalyst. WeatherNext 3 is being integrated into Search, Maps and Gemini, while new voice-driven Gemini features are rolling out in Gmail, Docs and Keep, creating potential for broader user engagement and monetization. Alphabet Just Gave Search, Maps and Gemini a New AI Advantage
• Positive Sentiment: Analyst optimism is building around Google Cloud, AI services, hardware and long-term earnings growth. Wolfe Research named Alphabet a top pick for 2027, while other coverage highlights strong recent Cloud growth and a median price target well above current trading levels. Alphabet Stock Opinions on Strong Cloud Growth Prospects
• Positive Sentiment: A federal judge declined to force a breakup of Google’s ad-technology business, reducing the most severe regulatory risk, although operational restrictions remain. The decision also supports Alphabet’s ability to retain its existing ad-tech infrastructure. Google Spared From Ad-Business Breakup
• Neutral Sentiment: Alphabet’s clean-energy partnerships, including Google-backed battery storage and geothermal projects, strengthen power availability for data centers but are unlikely to materially affect near-term earnings. Google’s New Energy Project Gives Eos Energy a Key Technology Validation
• Negative Sentiment: Investors remain concerned that Alphabet’s roughly $44.9 billion quarterly capital expenditure pushed free cash flow negative for the first time since its IPO. The spending may support future AI and Cloud returns, but it increases execution risk and weighs on near-term valuation. 3 Stocks Built for Higher Rates
• Negative Sentiment: Stronger-than-expected employment data lifted Treasury yields and reduced expectations for near-term rate cuts, pressuring large technology stocks. Alphabet also faces investor concern over delayed Gemini releases, ongoing ad-tech remedies, and shareholder securities-fraud investigations. Securities Fraud Investigation Into Alphabet

Alphabet Company 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.