Alphabet (NASDAQ:GOOGL) Major Shareholder 2019 Gp L.L.C. Gv Sells 118,138 Shares of Stock

Alphabet Inc. (NASDAQ:GOOGL) major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the company’s stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $18.90, for a total value of $2,232,808.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

2019 Gp L.L.C. Gv also recently made the following trade(s):

• On Monday, July 27th, 2019 Gp L.L.C. Gv sold 196,931 shares of Alphabet stock. The stock was sold at an average price of $19.46, for a total value of $3,832,277.26.
• On Monday, July 20th, 2019 Gp L.L.C. Gv sold 18,386 shares of Alphabet stock. The shares were sold at an average price of $18.87, for a total transaction of $346,943.82.
• On Friday, July 17th, 2019 Gp L.L.C. Gv sold 20,534 shares of Alphabet stock. The stock was sold at an average price of $18.68, for a total transaction of $383,575.12.
• On Friday, July 24th, 2019 Gp L.L.C. Gv sold 23,417 shares of Alphabet stock. The stock was sold at an average price of $18.88, for a total transaction of $442,112.96.
• On Thursday, July 23rd, 2019 Gp L.L.C. Gv sold 63,297 shares of Alphabet stock. The stock was sold at an average price of $19.06, for a total transaction of $1,206,440.82.
• On Friday, May 15th, 2019 Gp L.L.C. Gv sold 87,475 shares of Alphabet stock. The shares were sold at an average price of $23.75, for a total transaction of $2,077,531.25.
• On Thursday, May 14th, 2019 Gp L.L.C. Gv sold 60,077 shares of Alphabet stock. The shares were sold at an average price of $23.01, for a total transaction of $1,382,371.77.

Alphabet Price Performance

Shares of GOOGL stock opened at $336.71 on Thursday. 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 company has a market capitalization of $4.08 trillion, a P/E ratio of 16.91, a P/E/G ratio of 0.95 and a beta of 1.24. The company’s 50-day simple moving average is $359.40 and its two-hundred day simple moving average is $339.14. Alphabet Inc. has a one year low of $187.82 and a one year high of $408.61.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share for the quarter, beating the consensus estimate of $2.89 by $6.22. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The firm had revenue of $119.80 billion during the quarter, compared to the consensus estimate of $117.07 billion. As a group, equities analysts anticipate that Alphabet Inc. will post 20.15 EPS for the current year.

Alphabet Announces Dividend

The company 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. This represents a $0.88 annualized dividend and a yield of 0.3%. The ex-dividend date is Friday, September 4th. Alphabet’s dividend payout ratio (DPR) is presently 4.42%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on GOOGL shares. Rosenblatt Securities reissued a “neutral” rating and set a $393.00 price target on shares of Alphabet in a research report on Thursday, July 23rd. Zacks Research upgraded Alphabet from a “hold” rating to a “strong-buy” rating in a report on Monday, July 13th. Phillip Securities raised shares of Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research note on Monday. Truist Financial set a $420.00 target price on shares of Alphabet and gave the stock a “buy” rating in a report on Thursday, July 23rd. Finally, Wedbush reissued an “outperform” rating and set a $445.00 target price on shares of Alphabet in a research report on Thursday, July 23rd. Six analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $419.86.

Institutional Investors Weigh In On Alphabet

A number of institutional investors have recently added to or reduced their stakes in the stock. Lifetime Wealth Management P.C. purchased a new stake in shares of Alphabet during the fourth quarter valued at about $32,000. EMC Capital Management bought a new position in shares of Alphabet during the 4th quarter worth approximately $33,000. IFC & Insurance Marketing Inc. bought a new position in shares of Alphabet during the 4th quarter worth approximately $38,000. Bard Associates Inc. purchased a new stake in Alphabet during the fourth quarter valued at approximately $52,000. Finally, Kentucky Trust Co lifted its position in Alphabet by 142.9% during the fourth quarter. Kentucky Trust Co now owns 170 shares of the information services provider’s stock valued at $53,000 after acquiring an additional 100 shares during the last quarter. Institutional investors own 40.03% of the company’s stock.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s latest quarter continued to support the long-term growth case: revenue rose 24% to $119.8 billion, Google Cloud growth accelerated to 82%, cloud operating income more than tripled, and its backlog reached $514 billion. Search revenue also grew 17%, easing concerns that AI tools are undermining the core advertising business. Alphabet quarter and valuation analysis
• Positive Sentiment: Investor enthusiasm is being supported by Alphabet’s potential to commercialize its internally developed AI chips, with initial external revenue reportedly expected by year-end. Analysts and value investors remain constructive; KeyCorp maintains an “Overweight” rating and a $445 target, while Phillip Securities upgraded Alphabet to “strong buy.” Alphabet AI silicon opportunity
• Positive Sentiment: Google is expanding its Play Signal age-assurance technology worldwide by the end of 2026, potentially strengthening Android’s safety tools and developer ecosystem. Waymo also began restoring freeway service, a sign of progress after earlier operational restrictions. Google age-assurance technology
• Neutral Sentiment: Analyst estimates were mixed: KeyCorp raised its full-year 2026 EPS forecast substantially but trimmed quarterly and 2027 estimates slightly, while Erste Group lifted its 2027 forecast. This indicates strong near-term expectations but uncertainty about longer-term spending and profitability.
• Negative Sentiment: The main pressure remains Alphabet’s planned $195 billion–$205 billion of 2026 capital spending. Quarterly capital expenditures reached $44.9 billion and free cash flow turned negative, prompting investors to question whether AI infrastructure returns will justify the investment. Alphabet AI spending concerns
• Negative Sentiment: Additional risks include renewed fears that lower-cost AI models could pressure technology valuations, potential European private damages claims following Google’s $1 billion fine, and reports of a DeepMind research-team restructuring. Recent insider and major-shareholder sales are also a modest sentiment headwind, although they do not necessarily signal deteriorating fundamentals. Google European damages risk

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.