Levin Capital Strategies L.P. Sells 6,123 Shares of Alphabet Inc. $GOOG

Posted by Geri Gentry on Jul 26th, 2026

Levin Capital Strategies L.P. cut its stake in shares of Alphabet Inc. (NASDAQ:GOOG – Free Report) by 5.2% during the 1st quarter, Holdings Channel reports. The fund owned 111,181 shares of the information services provider’s stock after selling 6,123 shares during the period. Alphabet comprises approximately 2.4% of Levin Capital Strategies L.P.’s investment portfolio, making the stock its 9th largest position. Levin Capital Strategies L.P.’s holdings in Alphabet were worth $31,893,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also bought and sold shares of the stock. Imprint Wealth LLC bought a new position in Alphabet in the third quarter worth approximately $31,000. Nvest Wealth Strategies Inc. bought a new stake in shares of Alphabet during the fourth quarter valued at approximately $38,000. Lifetime Wealth Management P.C. bought a new stake in shares of Alphabet during the fourth quarter valued at approximately $38,000. Bard Associates Inc. acquired a new position in shares of Alphabet during the fourth quarter worth approximately $41,000. Finally, Towne Trust Company N.A raised its position in shares of Alphabet by 34.0% during the fourth quarter. Towne Trust Company N.A now owns 134 shares of the information services provider’s stock worth $42,000 after purchasing an additional 34 shares during the period. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

GOOG has been the subject of several research reports. Barclays reissued an “overweight” rating and issued a $425.00 price target (up from $405.00) on shares of Alphabet in a research report on Thursday. 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 report on Thursday. Wolfe Research set a $460.00 price objective on shares of Alphabet in a research note on Thursday. Pivotal Research boosted their target price on shares of Alphabet from $470.00 to $475.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, Stifel Nicolaus set a $420.00 target price on shares of Alphabet in a report on Wednesday, May 20th. Six research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $410.09.

Check Out Our Latest Analysis on Alphabet

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

Positive Sentiment: Alphabet posted a strong Q2 beat, with revenue and EPS coming in ahead of expectations, while Google Cloud revenue surged 82% and cloud margins improved sharply.
Positive Sentiment: AI and product demand remain strong, with management saying AI usage is rising across Search, Cloud, and Gemini, supporting the long-term growth story.
Positive Sentiment: Several analysts reiterated bullish views or raised targets, and multiple commentary pieces argued the stock looks attractive after the pullback.
Positive Sentiment: Verizon signed a deal worth more than $1 billion with Google for dark fiber connectivity, adding another sign of infrastructure demand tied to Alphabet’s data-center buildout. Article Title
Neutral Sentiment: Waymo is reportedly considering ending its Uber partnership, which could affect how quickly Alphabet’s robotaxi business scales, but the direct financial impact is still unclear. Article Title
Neutral Sentiment: Alphabet also disclosed a large SpaceX stake and saw some institutional holders trim positions, but these items are secondary to the main debate over AI spending and cash flow.
Negative Sentiment: Investors were unnerved by Alphabet’s higher CapEx guidance and negative free cash flow, which raised concerns that AI spending may be outpacing near-term returns.
Negative Sentiment: Alphabet was also hit by an EU antitrust fine of about $1 billion, adding another regulatory overhang. Article Title
Negative Sentiment: Moody’s warned that the industry-wide AI buildout could threaten credit quality at Alphabet and other hyperscalers, reinforcing concerns about balance-sheet strain from heavy infrastructure investment. Article Title

Alphabet Price Performance

Shares of NASDAQ:GOOG opened at $319.09 on Friday. The company has a current ratio of 2.72, a quick ratio of 1.92 and a debt-to-equity ratio of 0.16. The stock has a market cap of $3.87 trillion, a PE ratio of 16.03, a price-to-earnings-growth ratio of 1.31 and a beta of 1.23. The stock’s fifty day simple moving average is $360.63 and its two-hundred day simple moving average is $337.38. Alphabet Inc. has a 1-year low of $188.70 and a 1-year high of $404.47.

Alphabet (NASDAQ:GOOG – Get Free Report) last posted its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.87 by $6.24. The firm had revenue of $119.80 billion during the quarter, compared to analyst estimates of $116.53 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The business’s revenue was up 24.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.31 EPS. As a group, analysts forecast that Alphabet Inc. will post 17.25 EPS for the current fiscal year.

Alphabet Announces Dividend

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

Insider Transactions at Alphabet

In other Alphabet news, Director John L. Hennessy sold 1,050 shares of the company’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $368.63, for a total value of $387,061.50. Following the completion of the transaction, the director owned 1,481 shares in the company, valued at $545,941.03. This represents a 41.49% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of the business’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $23.75, for a total transaction of $2,077,531.25. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 159,415 shares of company stock worth $7,672,279. 12.99% of the stock is owned by insiders.

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.