Strategic Investment Solutions Inc. IL raised its stake in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 25.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 6,919 shares of the information services provider’s stock after buying an additional 1,424 shares during the quarter. Strategic Investment Solutions Inc. IL’s holdings in Alphabet were worth $2,445,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently made changes to their positions in GOOG. First Heartland Consultants Inc. increased its position in shares of Alphabet by 24.5% during the second quarter. First Heartland Consultants Inc. now owns 10,784 shares of the information services provider’s stock worth $3,810,000 after acquiring an additional 2,121 shares in the last quarter. Puff Wealth Management LLC bought a new stake in Alphabet in the 2nd quarter valued at $1,355,000. OFS Enterprise LLC lifted its position in Alphabet by 1.4% in the 2nd quarter. OFS Enterprise LLC now owns 2,786 shares of the information services provider’s stock valued at $985,000 after acquiring an additional 38 shares in the last quarter. LifeGoal Investments LLC boosted its stake in Alphabet by 5.4% in the 2nd quarter. LifeGoal Investments LLC now owns 6,270 shares of the information services provider’s stock worth $2,215,000 after purchasing an additional 319 shares during the period. Finally, Brave Asset Management Inc. boosted its stake in Alphabet by 0.7% in the 2nd quarter. Brave Asset Management Inc. now owns 62,732 shares of the information services provider’s stock worth $22,165,000 after purchasing an additional 410 shares during the period. Institutional investors and hedge funds own 27.26% of the company’s stock.
Insider Activity
In other news, Director John L. Hennessy sold 1,050 shares of the business’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $368.63, for a total transaction of $387,061.50. Following the transaction, the director directly owned 1,481 shares in the company, valued at $545,941.03. The trade was a 41.49% 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 196,931 shares of the company’s stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $19.46, for a total transaction of $3,832,277.26. The SEC filing for this sale provides additional information. Insiders sold a total of 600,547 shares of company stock valued at $16,255,540 in the last quarter. Company insiders own 12.99% of the company’s stock.
Wall Street Analyst Weigh In
View Our Latest Report on GOOG
Key Headlines Impacting Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Institutional buying remained supportive. State Street added an estimated 12.7 million shares of Alphabet’s Class A stock, while Mitsubishi UFJ, Lazard and Citizens Financial also increased their Alphabet positions in second-quarter 13F filings. State Street fund update
- Positive Sentiment: Alphabet’s AI and cloud businesses continue to show strong commercial momentum. Gemini reportedly reached 950 million monthly active users, Google Cloud revenue surged 82% in the second quarter, and its backlog reached $514 billion. A new multiyear, $100 million-plus Google Cloud agreement with AI lab Mirendil could add further demand for cloud infrastructure. Google AI and DeepMind report
- Neutral Sentiment: Alphabet is reorganizing its AI leadership. DeepMind chief Demis Hassabis is moving into a broader chief scientist role, while Chief Scientist Jeff Dean is departing after 27 years. The changes could improve long-term research focus but raise concerns about talent retention and execution. Google AI leadership report
- Negative Sentiment: Alphabet launched a roughly $25 billion, 10-part bond offering to finance expanded AI infrastructure spending. Strong demand—reportedly about $115 billion in orders—supports its credit profile, but investors remain concerned that rising capital expenditures and borrowing could reduce returns or increase financial risk. Alphabet bond offering report
- Negative Sentiment: Zacks Research downgraded Alphabet from “strong buy” to “hold,” adding to valuation and near-term sentiment pressure. Separately, several investment managers—including Mawer, First Eagle, Diamond Hill and SCS Capital—reported reductions in Alphabet holdings. Zacks Research
- Negative Sentiment: Alphabet’s planned $15 billion India data-center project faces opposition over water use and wildlife concerns, creating potential regulatory and development hurdles for its infrastructure expansion. Google India data center report
Alphabet Trading Down 0.9%
Shares of Alphabet stock opened at $353.47 on Friday. The stock has a market cap of $4.32 trillion, a P/E ratio of 17.75, a P/E/G ratio of 1.00 and a beta of 1.23. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a 12-month low of $197.46 and a 12-month high of $404.47. The business’s 50 day moving average is $353.94 and its 200-day moving average is $338.96.
Alphabet (NASDAQ:GOOG – Get Free Report) last released its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share for the quarter, beating the consensus estimate of $2.87 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 net margin of 54.77% and a return on equity of 51.32%. The firm’s revenue was up 24.2% on a year-over-year basis. During the same period last year, the business earned $2.31 earnings per share. Equities research analysts predict that Alphabet Inc. will post 20.51 earnings per share for the current fiscal year.
Alphabet Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 14th. Stockholders 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 dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, September 4th. Alphabet’s dividend payout ratio (DPR) is 4.42%.
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.
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