Trinity Street Asset Management LLP Has $49.71 Million Stake in Alphabet Inc. $GOOGL

Trinity Street Asset Management LLP lessened its position in Alphabet Inc. (NASDAQ:GOOGL) by 4.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 139,098 shares of the information services provider’s stock after selling 7,018 shares during the quarter. Alphabet makes up about 2.6% of Trinity Street Asset Management LLP’s portfolio, making the stock its 7th biggest position. Trinity Street Asset Management LLP’s holdings in Alphabet were worth $49,709,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of GOOGL. EMC Capital Management acquired a new stake in shares of Alphabet in the fourth quarter valued at approximately $33,000. Lifetime Wealth Management P.C. acquired a new position in Alphabet during the fourth quarter worth $32,000. IFC & Insurance Marketing Inc. bought a new position in Alphabet in the fourth quarter valued at $38,000. Bard Associates Inc. bought a new position in Alphabet in the fourth quarter valued at $52,000. Finally, Uniplan Investment Counsel Inc. acquired a new stake in Alphabet in the 4th quarter valued at $65,000. Institutional investors own 40.03% of the company’s stock.

Alphabet Price Performance

Shares of NASDAQ GOOGL opened at $344.72 on Thursday. The firm has a market cap of $4.22 trillion, a P/E ratio of 17.31, a price-to-earnings-growth ratio of 0.97 and a beta of 1.24. 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 Inc. has a 1-year low of $196.60 and a 1-year high of $408.61. The business’s 50 day moving average is $352.64 and its 200-day moving average is $341.32.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.89 by $6.22. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.The business had revenue of $119.80 billion during the quarter, compared to the consensus estimate of $117.07 billion. Equities research analysts predict that Alphabet Inc. will post 20.51 earnings per share for the current year.

Alphabet Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 14th. Stockholders of record on Monday, September 7th will be issued a dividend of $0.22 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is currently 4.42%.

Insider Transactions at Alphabet

In other news, Director Frances Arnold sold 82 shares of the business’s stock in a transaction dated Thursday, July 30th. The shares were sold at an average price of $333.39, for a total value of $27,337.98. Following the completion of the sale, the director owned 18,914 shares of the company’s stock, valued at approximately $6,305,738.46. The trade was a 0.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed 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 shares were sold at an average price of $349.29, for a total transaction of $3,142,911.42. Following the completion of the transaction, the insider owned 75,290 shares in the company, valued at $26,298,044.10. This trade represents a 10.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 451,945 shares of company stock worth $12,382,714 over the last ninety days. Corporate insiders own 11.61% of the company’s stock.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Custom AI-chip partnership strengthens Alphabet’s infrastructure position. Marvell Technology issued Alphabet a warrant to purchase up to 58.97 million shares—roughly 6.7% of Marvell—at $206.58 per share, as part of a partnership to develop custom chips that connect to Google’s TPU ecosystem. The deal signals continued investment in internally tailored AI computing capacity and could reduce reliance on existing suppliers. Marvell Google AI chip deal
• Positive Sentiment: Google Cloud remains a major growth engine. Cloud revenue reportedly rose 82% year over year to $24.8 billion in the second quarter, outpacing Microsoft Azure and Amazon Web Services. The growth reflects strong demand for AI workloads and supports the case that Alphabet’s substantial AI capital spending is generating customer revenue. Google Cloud growth
• Positive Sentiment: Waymo expanded commercial access to cheaper robotaxis. Alphabet’s autonomous-driving unit opened its next-generation, lower-cost vehicles to all riders in Los Angeles, Phoenix, and San Francisco. Lower production, operating, and maintenance costs could improve Waymo’s long-term scalability. Waymo robotaxi expansion
• Positive Sentiment: Investor sentiment was supported by institutional backing and favorable technical signals. Berkshire Hathaway reportedly increased its Alphabet position to approximately $37 billion, while Morgan Stanley identified Alphabet among large-cap technology stocks showing bullish momentum. Berkshire Alphabet investment
• Neutral Sentiment: Alphabet raised about $3.9 billion through its inaugural Australian-dollar bond, supporting AI and data-center investment but also adding to concerns about rising borrowing across the AI industry. Alphabet Australian dollar bond
• Negative Sentiment: Prediction markets indicate that Google’s next flagship Gemini Pro model is unlikely to launch before September, extending a delay that could weigh on competitive positioning in generative AI. Gemini launch delay

Wall Street Analyst Weigh In

Several brokerages have commented on GOOGL. UBS Group cut their price target on shares of Alphabet from $400.00 to $379.00 and set a “neutral” rating on the stock in a research report on Thursday, July 23rd. Citigroup restated an “outperform” rating on shares of Alphabet in a report on Monday, May 4th. Freedom Capital upgraded Alphabet from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 23rd. CICC Research increased their price target on Alphabet from $388.00 to $407.91 and gave the company an “outperform” rating in a research report on Friday, May 1st. Finally, Stifel Nicolaus set a $420.00 price target on Alphabet and gave the company a “buy” rating in a research note on Thursday, April 30th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-four have given a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Buy” and an average target price of $419.86.

About Alphabet

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.