Alphabet Inc. $GOOGL Shares Purchased by Bleakley Financial Group LLC

Bleakley Financial Group LLC boosted its position in Alphabet Inc. (NASDAQ:GOOGL) by 8.7% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 201,193 shares of the information services provider’s stock after acquiring an additional 16,175 shares during the period. Alphabet comprises approximately 0.9% of Bleakley Financial Group LLC’s holdings, making the stock its 23rd biggest holding. Bleakley Financial Group LLC’s holdings in Alphabet were worth $57,855,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Lifetime Wealth Management P.C. purchased a new stake in shares of Alphabet in the fourth quarter valued at $32,000. EMC Capital Management purchased a new position in Alphabet during the fourth quarter worth about $33,000. PMV Capital Advisers LLC acquired a new stake in Alphabet in the 4th quarter worth about $38,000. IFC & Insurance Marketing Inc. acquired a new stake in Alphabet in the 4th quarter worth about $38,000. Finally, Bard Associates Inc. purchased a new stake in Alphabet in the 4th quarter valued at about $52,000. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Alphabet news, Director Frances Arnold sold 112 shares of the stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $351.28, for a total value of $39,343.36. Following the completion of the sale, the director owned 18,833 shares of the company’s stock, valued at $6,615,656.24. This trade represents a 0.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John L. Hennessy sold 1,050 shares of Alphabet stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $368.63, for a total transaction of $387,061.50. Following the sale, the director owned 1,481 shares in the company, valued at $545,941.03. This represents a 41.49% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 159,415 shares of company stock worth $7,672,279 in the last ninety days. 11.61% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research firms have recently commented on GOOGL. Susquehanna reaffirmed a “positive” rating and set a $460.00 price objective (up from $400.00) on shares of Alphabet in a research note on Thursday, April 30th. The Goldman Sachs Group raised their target price on shares of Alphabet from $400.00 to $450.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Wedbush restated an “outperform” rating and issued a $445.00 target price on shares of Alphabet in a report on Thursday. Wells Fargo & Company set a $411.00 price target on shares of Alphabet and gave the stock an “overweight” rating in a research report on Thursday. Finally, President Capital upped their price target on shares of Alphabet from $375.00 to $465.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Three investment analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $419.86.

Alphabet Trading Down 7.1%

NASDAQ:GOOGL opened at $317.69 on Friday. The business’s 50-day moving average is $364.48 and its two-hundred day moving average is $338.88. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.92 and a quick ratio of 1.92. Alphabet Inc. has a 12 month low of $187.82 and a 12 month high of $408.61. The firm has a market capitalization of $3.85 trillion, a PE ratio of 15.96, a price-to-earnings-growth ratio of 1.41 and a beta of 1.24.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, topping analysts’ consensus estimates of $2.89 by $6.22. Alphabet had a return on equity of 57.20% and a net margin of 54.77%.The company had revenue of $119.80 billion for the quarter, compared to analysts’ expectations of $117.07 billion. Research analysts predict that Alphabet Inc. will post 14.34 earnings per share for the current fiscal 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 given a dividend of $0.22 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.88 annualized dividend and a yield of 0.3%. Alphabet’s payout ratio is 6.71%.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet delivered a strong quarter, with revenue of $119.8 billion and EPS of $9.11, both well above expectations, while Google Cloud revenue jumped 82% year over year and YouTube ad revenue also grew solidly. Reuters article
• Positive Sentiment: Management said AI demand is outpacing capacity, which helped justify higher investment plans, and Google Cloud CEO Thomas Kurian said existing customers are spending about 50% more than they initially committed. CNBC article
• Positive Sentiment: Google’s Gemini AI assistant now has more than 950 million monthly users, showing continued traction in its AI products and ecosystem. TechCrunch article
• Neutral Sentiment: Alphabet declared a quarterly dividend of $0.22 per share, a small but shareholder-friendly capital return move. MarketBeat reference
• Neutral Sentiment: Alphabet disclosed a large equity stake in SpaceX, highlighting the value of its investment portfolio, though this is not a direct operating catalyst for the core business. WSJ article
• Negative Sentiment: Shares are falling as investors react to a much higher 2026 capital spending outlook and Alphabet’s first-ever negative free cash flow, raising concerns that AI infrastructure spending could pressure returns. Barron’s article
• Negative Sentiment: Alphabet also faces a new €890 million ($1 billion) EU antitrust fine over Search and Play Store practices, adding regulatory pressure. Reuters article
• Negative Sentiment: Several law firms announced securities-fraud investigations tied to Alphabet’s disclosures, which can add overhang and keep sentiment fragile. Business Wire article

Alphabet Company Profile

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.