University of Wisconsin Foundation lowered its holdings in Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 29.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 25,154 shares of the information services provider’s stock after selling 10,635 shares during the period. Alphabet accounts for 7.1% of University of Wisconsin Foundation’s investment portfolio, making the stock its 8th biggest position. University of Wisconsin Foundation’s holdings in Alphabet were worth $8,989,000 as of its most recent SEC filing.
Several other institutional investors have also recently added to or reduced their stakes in GOOGL. Norges Bank purchased a new stake in Alphabet in the 4th quarter valued at about $30,534,239,000. Cardano Risk Management B.V. lifted its holdings in shares of Alphabet by 855.3% during the 4th quarter. Cardano Risk Management B.V. now owns 14,525,280 shares of the information services provider’s stock worth $4,546,413,000 after acquiring an additional 13,004,828 shares during the period. Vanguard Group Inc. lifted its holdings in shares of Alphabet by 2.4% during the 4th quarter. Vanguard Group Inc. now owns 528,969,322 shares of the information services provider’s stock worth $165,567,398,000 after acquiring an additional 12,531,695 shares during the period. Capital World Investors boosted its position in shares of Alphabet by 28.0% in the third quarter. Capital World Investors now owns 53,107,572 shares of the information services provider’s stock worth $12,910,542,000 after acquiring an additional 11,605,785 shares during the last quarter. Finally, Diamant Asset Management Inc. boosted its position in shares of Alphabet by 28,950.0% in the first quarter. Diamant Asset Management Inc. now owns 9,291,926 shares of the information services provider’s stock worth $2,671,986,000 after acquiring an additional 9,259,940 shares during the last quarter. 40.03% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently issued reports on GOOGL shares. Needham & Company LLC restated a “buy” rating and issued a $450.00 target price on shares of Alphabet in a report on Wednesday, June 3rd. Freedom Capital upgraded shares of Alphabet from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 23rd. Wells Fargo & Company set a $411.00 price objective on shares of Alphabet and gave the company an “overweight” rating in a research note on Thursday, July 23rd. Jefferies Financial Group restated a “buy” rating on shares of Alphabet in a report on Monday, June 22nd. Finally, Pivotal Research reaffirmed a “buy” rating and issued a $475.00 target price (up from $470.00) on shares of Alphabet in a research report on Thursday, July 23rd. Five research analysts have rated the stock with a Strong Buy rating, forty-five have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $420.19.
Insider Activity at Alphabet
In other Alphabet news, Director Frances Arnold sold 82 shares of the firm’s stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $337.71, for a total value of $27,692.22. Following the transaction, the director directly owned 18,995 shares of the company’s stock, valued at $6,414,801.45. This trade represents a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Marsida Saraci sold 449 shares of the business’s stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total value of $149,606.80. Following the transaction, the chief accounting officer owned 27,386 shares in the company, valued at approximately $9,125,015.20. This represents a 1.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 451,925 shares of company stock worth $12,371,544. Corporate insiders own 11.61% of the company’s stock.
Key Headlines Impacting Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Google announced plans to invest at least €13 billion ($15 billion) in Finnish data centers and AI infrastructure over the next two years—its largest-ever European investment. The facilities are expected to support Gemini, Search, Maps and YouTube, while a power agreement with Fortum, including nuclear energy, may help address AI’s substantial electricity needs. Google to invest $15 billion AI infrastructure in Finland
- Positive Sentiment: Google Cloud and Accenture launched a joint unit deploying 1,000 engineers to help companies implement AI agents. The initiative could accelerate enterprise adoption of Google’s cloud and AI services and improve monetization of Alphabet’s infrastructure spending. Google Cloud and Accenture AI deployment deal
- Positive Sentiment: Co-founder Sergey Brin is taking a more active role in advancing Gemini, signaling increased founder involvement as Alphabet seeks to strengthen its position in the AI race. Sergey Brin takes bigger role in Google AI
- Neutral Sentiment: Analysts continue to cite Alphabet’s strong return on invested capital, balance sheet and rapidly growing Google Cloud business as long-term strengths. However, the stock’s valuation is being assessed alongside its expanding AI infrastructure commitments.
- Negative Sentiment: The scale of the Finland and broader AI buildout increases capital expenditures and is pressuring free cash flow, creating uncertainty about when the investments will generate sufficient returns.
- Negative Sentiment: Meta’s launch of the paid Muse AI agent raised concerns that autonomous assistants could bypass traditional search results, weakening Alphabet’s search advertising model. Higher Treasury yields are also weighing on high-multiple technology stocks. Meta Muse AI agent pressures Alphabet
- Negative Sentiment: Google warned that EU-mandated changes to its European search results could reduce search quality, increase costs for businesses and potentially affect user engagement. Google warns of lower-quality European search results
Alphabet Trading Down 2.3%
Shares of GOOGL stock opened at $330.65 on Thursday. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a fifty-two week low of $235.84 and a fifty-two week high of $408.61. The firm’s 50 day moving average price is $347.72 and its two-hundred day moving average price is $343.57. The stock has a market cap of $4.04 trillion, a price-to-earnings ratio of 16.61, a price-to-earnings-growth ratio of 0.98 and a beta of 1.22.
Alphabet (NASDAQ:GOOGL – Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.89 by $6.22. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The company had revenue of $119.80 billion during the quarter, compared to analyst estimates of $117.07 billion. On average, analysts anticipate that Alphabet Inc. will post 20.5 EPS for the current year.
Alphabet Announces Dividend
The business 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 $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 0.3%. The ex-dividend date is Friday, September 4th. Alphabet’s dividend payout ratio is currently 4.42%.
About Alphabet
Alphabet Inc is a technology and holding company founded in 2015 through a restructuring of Google. The company is headquartered in Mountain View, California, and operates globally, serving consumers, businesses, advertisers and developers across numerous countries and regions.
Alphabet’s largest business is Google Services, which includes Google Search, online advertising, YouTube, Android, Chrome, Google Maps, Google Play and hardware products such as Pixel devices. These products support activities including internet search, digital content distribution, mobile computing, online communications and advertising.
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