Danica Pension Livsforsikringsaktieselskab Boosts Holdings in Alphabet Inc. $GOOGL

Posted by Geri Gentry on Aug 1st, 2026

Danica Pension Livsforsikringsaktieselskab boosted its stake in Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 30.8% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 235,933 shares of the information services provider’s stock after acquiring an additional 55,601 shares during the period. Alphabet comprises approximately 1.3% of Danica Pension Livsforsikringsaktieselskab’s portfolio, making the stock its 16th largest position. Danica Pension Livsforsikringsaktieselskab’s holdings in Alphabet were worth $67,845,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. NewEdge Wealth LLC raised its stake in shares of Alphabet by 11.8% during the 4th quarter. NewEdge Wealth LLC now owns 887,209 shares of the information services provider’s stock worth $277,696,000 after purchasing an additional 93,293 shares in the last quarter. PFG Investments LLC grew its stake in shares of Alphabet by 2.6% in the 1st quarter. PFG Investments LLC now owns 89,299 shares of the information services provider’s stock valued at $25,679,000 after buying an additional 2,269 shares in the last quarter. Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust acquired a new position in Alphabet in the fourth quarter worth approximately $28,902,000. Private Advisory Group LLC increased its holdings in Alphabet by 12.2% in the fourth quarter. Private Advisory Group LLC now owns 24,717 shares of the information services provider’s stock worth $7,736,000 after buying an additional 2,678 shares during the last quarter. Finally, W.G. Shaheen & Associates DBA Whitney & Co raised its position in Alphabet by 17.1% during the fourth quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 118,966 shares of the information services provider’s stock valued at $37,236,000 after acquiring an additional 17,415 shares in the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

Positive Sentiment: Alphabet’s custom Tensor Processing Units (TPUs) are increasingly viewed as credible alternatives to Nvidia chips. That could reduce Google’s dependence on external suppliers and create a potential external chip-revenue opportunity. Alphabet and Amazon custom AI chips
Positive Sentiment: Recent commentary highlights Alphabet’s record quarter, strong Google Cloud growth, Gemini adoption and enterprise AI demand. Analysts and value-focused investors continue to view GOOGL as comparatively inexpensive among large technology and AI companies. Alphabet AI investment and valuation
Positive Sentiment: Google is reportedly supporting a $15 billion Anthropic data-center project with chips and financial guarantees, while Oracle is expanding its partnership to bring Gemini models to enterprise applications. These initiatives could drive Google Cloud demand and strengthen Alphabet’s AI ecosystem. Anthropic data center backed by Google
Neutral Sentiment: Alphabet’s reported quarterly earnings and revenue beat consensus estimates by wide margins, supporting the fundamental case, although investors remain focused on whether AI growth will translate into sufficient cash returns.
Negative Sentiment: Alphabet withdrew its Google Earth AI image-generation feature only one day after launch following criticism that fabricated imagery could spread misinformation. The quick reversal limits immediate product risk but raises questions about AI governance and rollout discipline. Google Earth AI feature withdrawn
Negative Sentiment: The AI buildout is becoming increasingly expensive. Alphabet is targeting up to $205 billion in 2026 capital expenditures, while rising memory and infrastructure costs are pressuring cash flow and increasing future depreciation. AI buildout costs and cash flow
Negative Sentiment: Recent insider sales were small relative to the executives’ remaining holdings, but they provide a modest sentiment headwind. Separately, investor-law-firm investigations could create additional legal and reputational overhang. Alphabet director stock sale

Alphabet Trading Up 6.7%

GOOGL stock opened at $356.13 on Friday. Alphabet Inc. has a 1-year low of $187.82 and a 1-year high of $408.61. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16. The business’s 50 day moving average is $357.79 and its 200-day moving average is $339.30. The firm has a market cap of $4.36 trillion, a P/E ratio of 17.89, a P/E/G ratio of 0.94 and a beta of 1.24.

Alphabet (NASDAQ:GOOGL – Get Free Report) last posted its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, topping 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 analysts anticipate that Alphabet Inc. will post 20.51 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, September 14th. Investors of record on Monday, September 7th will be issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Friday, September 4th. Alphabet’s dividend payout ratio (DPR) is currently 4.42%.

Insider Buying and Selling at Alphabet

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 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 firm’s stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $349.29, for a total transaction of $3,142,911.42. Following the sale, 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 position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 600,547 shares of company stock worth $16,255,540 over the last ninety days. Corporate insiders own 11.61% of the company’s stock.

Analysts Set New Price Targets

GOOGL has been the topic of several analyst reports. Barclays restated an “overweight” rating and set a $425.00 price target (up from $405.00) on shares of Alphabet in a research note on Thursday, July 23rd. Royal Bank Of Canada reissued an “outperform” rating and set a $425.00 target price on shares of Alphabet in a research report on Thursday, July 23rd. Wall Street Zen downgraded shares of Alphabet from a “buy” rating to a “hold” rating in a research report on Saturday. Phillip Securities upgraded Alphabet from a “moderate buy” rating to a “strong-buy” rating in a report on Monday, July 27th. Finally, Piper Sandler reiterated an “overweight” rating and set a $395.00 price target (down from $445.00) on shares of Alphabet in a research note on Thursday, July 23rd. Six analysts have rated the stock with a Strong Buy rating, forty-four have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, Alphabet has a consensus rating of “Buy” and a consensus target price of $419.86.

View Our Latest Analysis on GOOGL

About Alphabet

(Free Report)

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.