Alphabet Inc. $GOOG Shares Bought by Vise Technologies Inc.

Vise Technologies Inc. grew its position in Alphabet Inc. (NASDAQ:GOOG) by 81.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 190,125 shares of the information services provider’s stock after buying an additional 85,210 shares during the quarter. Alphabet accounts for approximately 0.8% of Vise Technologies Inc.’s holdings, making the stock its 17th biggest holding. Vise Technologies Inc.’s holdings in Alphabet were worth $67,177,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in GOOG. Telligent Fund LP increased its holdings in Alphabet by 10.0% during the 2nd quarter. Telligent Fund LP now owns 26,400 shares of the information services provider’s stock valued at $9,328,000 after acquiring an additional 2,400 shares in the last quarter. Quartz Partners LLC raised its position in shares of Alphabet by 2.2% during the 2nd quarter. Quartz Partners LLC now owns 2,360 shares of the information services provider’s stock worth $834,000 after purchasing an additional 50 shares during the last quarter. Live Oak Investment Partners raised its position in shares of Alphabet by 2.0% during the 2nd quarter. Live Oak Investment Partners now owns 7,704 shares of the information services provider’s stock worth $2,722,000 after purchasing an additional 153 shares during the last quarter. Toews Corp ADV purchased a new stake in Alphabet in the 2nd quarter valued at approximately $133,000. Finally, Portland Financial Advisors Inc acquired a new stake in Alphabet during the 2nd quarter valued at $209,000. 27.26% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Truist Financial dropped their price objective on shares of Alphabet from $430.00 to $420.00 and set a “buy” rating on the stock in a research note on Thursday, July 23rd. HSBC set a $515.00 price target on shares of Alphabet in a report on Friday, August 14th. Wolfe Research set a $460.00 price objective on shares of Alphabet in a report on Thursday, July 23rd. Citigroup restated a “market outperform” rating on shares of Alphabet in a research report on Friday, August 14th. Finally, Wells Fargo & Company dropped their price objective on shares of Alphabet from $418.00 to $411.00 and set an “overweight” rating on the stock 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 given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $415.55.

Alphabet Stock Down 1.2%

GOOG stock opened at $339.10 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 firm has a market capitalization of $4.15 trillion, a P/E ratio of 17.03, a P/E/G ratio of 0.96 and a beta of 1.23. Alphabet Inc. has a 52-week low of $206.39 and a 52-week high of $404.47. The company’s 50 day simple moving average is $348.88 and its 200-day simple moving average is $339.85.

Alphabet (NASDAQ:GOOG) last posted its quarterly earnings data on Thursday, July 23rd. The information services provider reported $9.11 EPS for the quarter, topping analysts’ consensus estimates of $2.87 by $6.24. 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 analyst estimates of $116.53 billion. During the same quarter last year, the business posted $2.31 EPS. The company’s revenue was up 24.2% on a year-over-year basis. As a group, equities research analysts anticipate that Alphabet Inc. will post 20.51 EPS for the current year.

Alphabet Announces Dividend

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

Insider Activity

In other Alphabet news, 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider John Kent Walker sold 8,998 shares of the firm’s 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 sale, the insider directly owned 75,290 shares in the company, valued at approximately $26,298,044.10. This represents a 10.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 451,945 shares of company stock worth $12,382,714. Insiders own 12.99% of the company’s stock.

Alphabet News Summary

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.

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.