Alphabet Inc. $GOOG Stake Reduced by Oriental Harbor Investment Master Fund

Oriental Harbor Investment Master Fund lessened its stake in shares of Alphabet Inc. (NASDAQ:GOOG) by 12.9% during the second quarter, HoldingsChannel reports. The firm owned 1,049,653 shares of the information services provider’s stock after selling 155,230 shares during the period. Alphabet accounts for 22.5% of Oriental Harbor Investment Master Fund’s portfolio, making the stock its largest position. Oriental Harbor Investment Master Fund’s holdings in Alphabet were worth $370,874,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the stock. Gerber Kawasaki Wealth & Investment Management boosted its holdings in Alphabet by 1.0% in the fourth quarter. Gerber Kawasaki Wealth & Investment Management now owns 275,943 shares of the information services provider’s stock valued at $86,596,000 after purchasing an additional 2,850 shares during the last quarter. Heck Capital Advisors LLC increased its holdings in shares of Alphabet by 298.2% during the second quarter. Heck Capital Advisors LLC now owns 22,229 shares of the information services provider’s stock valued at $7,854,000 after purchasing an additional 16,647 shares during the period. Violich Capital Management Inc. raised its stake in shares of Alphabet by 1.0% during the fourth quarter. Violich Capital Management Inc. now owns 340,776 shares of the information services provider’s stock valued at $106,936,000 after purchasing an additional 3,378 shares in the last quarter. Montchanin Asset Management LLC acquired a new stake in Alphabet during the 1st quarter worth about $7,075,000. Finally, Sax Wealth Advisors LLC raised its stake in shares of Alphabet by 13.3% in the 2nd quarter. Sax Wealth Advisors LLC now owns 30,489 shares of the information services provider’s stock valued at $10,773,000 after acquiring an additional 3,575 shares in the last quarter. Institutional investors and hedge funds own 27.26% of the company’s stock.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google introduced flexible billing and resource-allocation tools for Gemini Enterprise and Google Antigravity, helping businesses manage unpredictable AI spending. The initiative could reduce a key barrier to enterprise AI adoption and support Google Cloud demand. Google Launches Flexible Billing To Manage Exploding AI Costs
• Positive Sentiment: Alphabet expanded Gemini Enterprise with specialized solutions for financial-services and legal customers, including industry-specific agents, data connectors and workflow tools. The launches strengthen Google Cloud’s effort to monetize agentic AI and compete with Microsoft and Anthropic. Google Cloud Launches Gemini Enterprise for Financial Services
• Positive Sentiment: Waymo plans to test autonomous vehicles in Munich and launch driverless rides in Germany in 2027. The expansion provides a long-term growth catalyst for Alphabet’s autonomous-driving investment, although commercialization remains years away. Waymo to launch driverless rides in Germany in 2027
• Positive Sentiment: Berkshire Hathaway reportedly increased its Alphabet position by 83% to roughly $37.8 billion, making it one of Berkshire’s largest holdings. The high-profile purchase reinforces investor confidence in Alphabet’s search, cloud and AI businesses. Berkshire Hathaway increases Alphabet stake
• Neutral Sentiment: Alphabet, Microsoft and Amazon are reportedly negotiating with China’s Moonshot AI to host its Kimi K3 model, with Moonshot seeking as much as 30% of related revenue. Hosting could create cloud revenue, but the proposed revenue share and U.S.-China technology restrictions may limit the benefit. China’s Moonshot in talks over K3 revenue sharing
• Negative Sentiment: A child-safety settlement involving Meta has renewed scrutiny of how YouTube protects minors. Investors are concerned that similar requirements could expose Alphabet to substantial compliance costs or financial liabilities.
• Negative Sentiment: Broader weakness in the Nasdaq-100 and major technology stocks added selling pressure, with Alphabet identified as a significant contributor to the index’s decline. Rising server prices for systems using Nvidia AI chips could also increase Alphabet’s already heavy infrastructure spending.
• Negative Sentiment: Google’s decision to move its AI-responsibility team outside DeepMind has prompted concerns about researcher independence and the company’s ability to identify risks in increasingly capable models. Calls for tighter U.S.-China AI rules add another layer of regulatory uncertainty.

Alphabet Price Performance

Shares of GOOG opened at $339.10 on Thursday. Alphabet Inc. has a 52-week low of $206.39 and a 52-week high of $404.47. The business’s 50 day moving average price is $348.88 and its two-hundred day moving average price is $339.85. The firm has a market cap of $4.15 trillion, a PE ratio of 17.03, a price-to-earnings-growth ratio of 0.96 and a beta of 1.23. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72.

Alphabet (NASDAQ:GOOG) last issued its 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. The firm had revenue of $119.80 billion during the quarter, compared to analyst estimates of $116.53 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The company’s quarterly revenue was up 24.2% on a year-over-year basis. During the same quarter last year, the business earned $2.31 earnings per share. On average, equities analysts anticipate that Alphabet Inc. will post 20.51 EPS for the current year.

Alphabet Dividend Announcement

The firm 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 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 is Friday, September 4th. Alphabet’s dividend payout ratio (DPR) is presently 4.42%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on GOOG shares. HSBC set a $515.00 target price on shares of Alphabet in a report on Friday, August 14th. Canaccord Genuity Group set a $450.00 target price on shares of Alphabet in a report on Thursday, July 23rd. Pivotal Research lifted their price target on shares of Alphabet from $470.00 to $475.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. Roth Capital raised their price objective on Alphabet from $435.00 to $440.00 and gave the company a “buy” rating in a research report on Thursday, July 23rd. Finally, DA Davidson reduced their target price on Alphabet from $375.00 to $350.00 and set a “neutral” rating for the company in a research note on Thursday, July 23rd. Six investment 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 stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $415.55.

Insider Transactions at Alphabet

In other Alphabet news, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the 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. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Frances Arnold sold 82 shares of the business’s stock in a transaction on Thursday, July 30th. The shares were sold at an average price of $333.39, for a total transaction of $27,337.98. Following the sale, the director owned 18,914 shares in the company, valued at approximately $6,305,738.46. This trade represents a 0.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 451,945 shares of company stock valued at $12,382,714 in the last three months. Company insiders own 12.99% of the company’s stock.

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.