Sigma Planning Corp Lowers Stock Position in Alphabet Inc. $GOOG

Posted by Brenda Bartman on Jul 19th, 2026

Sigma Planning Corp lowered its stake in shares of Alphabet Inc. (NASDAQ:GOOG – Free Report) by 1.3% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 137,435 shares of the information services provider’s stock after selling 1,869 shares during the quarter. Alphabet accounts for 1.1% of Sigma Planning Corp’s investment portfolio, making the stock its 11th biggest position. Sigma Planning Corp’s holdings in Alphabet were worth $39,425,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC lifted its holdings in shares of Alphabet by 5.6% in the 4th quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider’s stock worth $22,901,000 after acquiring an additional 6,410 shares during the last quarter. Worldquant Millennium Advisors LLC raised its position in Alphabet by 76.2% in the 2nd quarter. Worldquant Millennium Advisors LLC now owns 1,865,304 shares of the information services provider’s stock worth $330,886,000 after purchasing an additional 806,681 shares during the period. Darwin Wealth Management LLC purchased a new position in Alphabet in the 2nd quarter worth $658,000. Financial Advisors Network Inc. lifted its stake in Alphabet by 7.7% in the second quarter. Financial Advisors Network Inc. now owns 7,945 shares of the information services provider’s stock worth $1,409,000 after purchasing an additional 565 shares during the last quarter. Finally, Ausdal Financial Partners Inc. boosted its position in Alphabet by 10.7% during the second quarter. Ausdal Financial Partners Inc. now owns 37,310 shares of the information services provider’s stock valued at $6,618,000 after buying an additional 3,616 shares during the period. 27.26% of the stock is owned by institutional investors.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

Positive Sentiment: Bank of America and Wedbush remain bullish, with both highlighting strong cloud growth, AI monetization potential, and upside to the stock ahead of earnings. Alphabet could crush estimates on Cloud strength, Anthropic windfall: BofA
Positive Sentiment: Analysts and investors are still pointing to accelerating Google Search and Google Cloud growth, while retail interest and institutional ownership remain strong ahead of the July 22 report.
Positive Sentiment: Alphabet’s AI and cloud businesses remain central to the bullish thesis, with multiple articles noting that the company could benefit from rising AI infrastructure spend and strong earnings expectations.

Insiders Place Their Bets

In other news, Director Frances Arnold sold 112 shares of Alphabet stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of $351.28, for a total value of $39,343.36. Following the sale, the director directly owned 18,833 shares in the company, valued at approximately $6,615,656.24. This trade represents a 0.59% decrease in their position. The sale was disclosed in a 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 business’s stock in a transaction that occurred on 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 transaction, the insider directly 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. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 159,415 shares of company stock worth $7,672,279. Insiders own 12.99% of the company’s stock.

Alphabet Stock Performance

Shares of NASDAQ:GOOG opened at $346.12 on Friday. The company has a market cap of $4.19 trillion, a price-to-earnings ratio of 26.40, a price-to-earnings-growth ratio of 1.45 and a beta of 1.23. The company has a 50-day moving average price of $366.29 and a 200-day moving average price of $336.65. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a 12 month low of $184.73 and a 12 month high of $404.47.

Alphabet (NASDAQ:GOOG – Get Free Report) last posted its earnings results on Thursday, April 30th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.68 by $2.43. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The company had revenue of $109.90 billion for the quarter, compared to analysts’ expectations of $106.96 billion. During the same period last year, the firm earned $2.81 earnings per share. Alphabet’s quarterly revenue was up 21.8% on a year-over-year basis. As a group, equities analysts anticipate that Alphabet Inc. will post 14.33 EPS for the current year.

Alphabet Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 8th were issued a $0.22 dividend. This is an increase from Alphabet’s previous quarterly dividend of $0.21. The ex-dividend date was Monday, June 8th. This represents a $0.88 annualized dividend and a yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is 6.71%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on GOOG shares. Oppenheimer raised their price objective on Alphabet from $425.00 to $445.00 and gave the company an “outperform” rating in a research note on Friday, May 15th. The Goldman Sachs Group reissued a “buy” rating and issued a $450.00 target price on shares of Alphabet in a research note on Thursday, May 21st. Freedom Capital lowered Alphabet from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 4th. Citigroup restated a “market outperform” rating on shares of Alphabet in a research report on Monday, June 22nd. Finally, Wedbush assumed coverage on Alphabet in a research report on Thursday. They issued an “outperform” rating and a $445.00 price objective for the company. Five analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $383.44.

Check Out Our Latest Research Report on GOOG

Alphabet Company Profile

(Free Report)

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.