Eley Financial Management Inc Purchases 2,133 Shares of Alphabet Inc. $GOOG

Posted by George Bondi on Jul 29th, 2026

Eley Financial Management Inc increased its position in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 9.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 25,060 shares of the information services provider’s stock after acquiring an additional 2,133 shares during the quarter. Alphabet comprises about 2.5% of Eley Financial Management Inc’s investment portfolio, making the stock its 10th biggest position. Eley Financial Management Inc’s holdings in Alphabet were worth $7,189,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Providence Wealth Advisors LLC grew its position in shares of Alphabet by 0.3% in the first quarter. Providence Wealth Advisors LLC now owns 10,508 shares of the information services provider’s stock valued at $3,094,000 after purchasing an additional 29 shares during the last quarter. One Charles Private Wealth Services LLC grew its holdings in Alphabet by 0.6% in the 1st quarter. One Charles Private Wealth Services LLC now owns 4,844 shares of the information services provider’s stock valued at $1,390,000 after buying an additional 29 shares during the last quarter. Ring Mountain Capital LLC grew its holdings in Alphabet by 0.9% in the 4th quarter. Ring Mountain Capital LLC now owns 3,554 shares of the information services provider’s stock valued at $1,174,000 after buying an additional 30 shares during the last quarter. Cannon Financial Strategists Inc. increased its position in Alphabet by 1.9% in the 4th quarter. Cannon Financial Strategists Inc. now owns 1,589 shares of the information services provider’s stock worth $499,000 after buying an additional 30 shares during the period. Finally, Financial Enhancement Group LLC increased its position in Alphabet by 2.3% in the 1st quarter. Financial Enhancement Group LLC now owns 1,323 shares of the information services provider’s stock worth $380,000 after buying an additional 30 shares during the period. Institutional investors and hedge funds own 27.26% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on GOOG shares. Pivotal Research upped their price target on Alphabet from $470.00 to $475.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Morgan Stanley lowered their price objective on shares of Alphabet from $415.00 to $400.00 and set an “overweight” rating on the stock in a research note on Thursday, July 23rd. Roth Capital boosted their target price on shares of Alphabet from $435.00 to $440.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. Barclays reiterated an “overweight” rating and set a $425.00 target price (up from $405.00) on shares of Alphabet in a research note on Thursday, July 23rd. Finally, Royal Bank Of Canada reissued a “buy” rating and issued a $475.00 price target on shares of Alphabet in a report on Thursday, July 23rd. Seven investment analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $410.09.

Get Our Latest Research Report on Alphabet

Insider Transactions at Alphabet

In other Alphabet news, CAO Marsida Saraci sold 449 shares of the stock in a transaction on Friday, June 26th. The stock was sold at an average price of $341.72, for a total transaction of $153,432.28. Following the completion of the transaction, the chief accounting officer directly owned 27,348 shares in the company, valued at $9,345,358.56. This represents a 1.62% decrease in their ownership of the stock. The transaction 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 Alphabet stock in a transaction 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 of the company’s stock, valued at approximately $26,298,044.10. The trade was a 10.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 285,049 shares of company stock valued at $10,051,351. 12.99% of the stock is owned by insiders.

Alphabet Stock Up 1.8%

Shares of GOOG opened at $332.60 on Wednesday. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16. The company has a 50-day moving average price of $358.25 and a two-hundred day moving average price of $337.68. The stock has a market cap of $4.03 trillion, a price-to-earnings ratio of 16.71, a P/E/G ratio of 0.95 and a beta of 1.23. Alphabet Inc. has a 12 month low of $188.70 and a 12 month high of $404.47.

Alphabet (NASDAQ:GOOG – Get Free Report) last released its quarterly earnings data 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. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.The company had revenue of $119.80 billion for the quarter, compared to analyst estimates of $116.53 billion. During the same period in the prior year, the company posted $2.31 EPS. The company’s revenue was up 24.2% compared to the same quarter last year. Equities analysts predict that Alphabet Inc. will post 19.79 EPS for the current fiscal year.

Alphabet Announces Dividend

The business 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 $0.22 dividend. 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 is 4.42%.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

Positive Sentiment: Strong fundamentals are supporting the rebound. Alphabet’s latest quarter featured 24.2% revenue growth, an EPS beat, and an 82% year-over-year increase in Google Cloud revenue. Analysts and investors argue that AI adoption, Search resilience, YouTube growth, and improving cloud profitability can eventually justify the company’s large infrastructure investments. Alphabet: Buy The Capex-Caused Decline
Positive Sentiment: Analyst and institutional backing remains constructive. Phillip Securities upgraded Alphabet to “strong buy,” while KeyCorp modestly raised its FY2028 EPS estimate. Asset Management One also added approximately 117,000 GOOGL shares, signaling continued institutional confidence despite recent volatility. Alphabet upgrade
Positive Sentiment: YouTube expanded its monetization ecosystem. A multiyear agreement will bring Peacock content, including sports and entertainment programming, to YouTube Premium subscribers in the United States, potentially strengthening engagement and subscription value. YouTube and Peacock deal
Neutral Sentiment: AI remains both the growth engine and the central debate. More than 1,100 technology employees urged governments to establish stronger AI-safety rules. The issue could increase compliance costs, but coordinated regulation may also benefit large, well-funded platforms such as Google over smaller competitors. AI safety plan
Negative Sentiment: Capital-spending concerns continue to cap enthusiasm. Alphabet’s roughly $195 billion–$205 billion 2026 capex forecast has pushed free cash flow negative and raised questions about returns on AI infrastructure. Investors are looking for evidence that Cloud growth and AI monetization will outpace the spending burden.
Negative Sentiment: European legal risks are escalating. Following a $1 billion Digital Markets Act fine, rivals could pursue as much as $10 billion in private damages claims, creating potential financial and operational pressure on Google’s European business. Google European damages claims

About Alphabet

(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.