Element Squared LLC Buys New Shares in Alphabet Inc. $GOOG

Element Squared LLC bought a new position in Alphabet Inc. (NASDAQ:GOOG) in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 7,488 shares of the information services provider’s stock, valued at approximately $2,148,000. Alphabet comprises 1.2% of Element Squared LLC’s portfolio, making the stock its 29th largest position.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Auto Owners Insurance Co lifted its holdings in shares of Alphabet by 38,409.2% during the fourth quarter. Auto Owners Insurance Co now owns 179,836,276 shares of the information services provider’s stock worth $5,643,262,000 after purchasing an additional 179,369,280 shares during the period. J. Stern & Co. LLP boosted its position in Alphabet by 28,482.8% in the fourth quarter. J. Stern & Co. LLP now owns 112,091,870 shares of the information services provider’s stock valued at $35,174,429,000 after buying an additional 111,699,704 shares during the last quarter. Norges Bank acquired a new position in Alphabet in the 4th quarter worth approximately $18,093,665,000. Cardano Risk Management B.V. increased its holdings in Alphabet by 850.3% in the 4th quarter. Cardano Risk Management B.V. now owns 17,692,600 shares of the information services provider’s stock worth $5,551,938,000 after buying an additional 15,830,754 shares during the period. Finally, Vanguard Group Inc. raised its position in Alphabet by 2.0% during the 4th quarter. Vanguard Group Inc. now owns 421,013,782 shares of the information services provider’s stock worth $132,114,125,000 after buying an additional 8,128,234 shares during the last quarter. Institutional investors and hedge funds own 27.26% of the company’s stock.

Alphabet Stock Performance

Shares of NASDAQ:GOOG opened at $356.18 on Friday. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a 12-month low of $173.88 and a 12-month high of $404.47. The business has a 50 day moving average of $368.31 and a two-hundred day moving average of $333.32. The company has a market capitalization of $4.32 trillion, a PE ratio of 27.17, a PEG ratio of 1.52 and a beta of 1.23.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings data on Thursday, April 30th. The information services provider reported $5.11 EPS for the quarter, topping analysts’ consensus estimates of $2.68 by $2.43. The business had revenue of $109.90 billion for the quarter, compared to analysts’ expectations of $106.96 billion. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. The business’s revenue was up 21.8% on a year-over-year basis. During the same quarter last year, the company earned $2.81 EPS. As a group, analysts forecast that Alphabet Inc. will post 14.32 EPS for the current year.

Alphabet Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 8th were issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 0.2%. This is a boost from Alphabet’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend was Monday, June 8th. Alphabet’s payout ratio is currently 6.71%.

Insider Activity at Alphabet

In other news, insider John Kent Walker sold 8,998 shares of the stock in a transaction dated Monday, June 29th. The shares were 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 $26,298,044.10. This represents a 10.68% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of the firm’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $23.75, for a total value of $2,077,531.25. The disclosure for this sale is available in the SEC filing. Insiders have sold 160,465 shares of company stock valued at $8,020,511 in the last quarter. 12.99% of the stock is currently owned by insiders.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet continues to benefit from bullish investor and analyst sentiment, with several recent reports highlighting strong earnings momentum, favorable price targets, and optimism around its AI and cloud growth. Zacks: Top-Performing ETF Areas of 1H 2026
• Positive Sentiment: Google Cloud is gaining enterprise traction, including a new Reuters report that Italy’s Intesa Sanpaolo moved core IT systems to Google’s cloud, supporting the case for faster cloud revenue growth. Reuters: Italy’s Intesa shifts core IT banking systems to Google’s cloud technology
• Positive Sentiment: Walmart’s partnership with Google on a Gemini-powered shopping experience reinforces Alphabet’s position in applied AI and could open future commerce-related revenue opportunities. 247WallSt: Which Stocks Win When Google AI Powers Walmart’s Checkout?
• Neutral Sentiment: Alphabet was mentioned in connection with an Open USD stablecoin partnership list, but the report says some companies deny signing on, making the impact unclear. TipRanks: Open USD Stablecoin Lists Major Partners, But Some Say They Never Signed On
• Neutral Sentiment: Alphabet insider John Kent Walker sold shares, but the transaction appears routine and is unlikely by itself to change the company’s outlook. InsiderTrades: John Kent Walker Alphabet transaction
• Negative Sentiment: The EU’s top court upheld a record €4.1 billion antitrust fine against Google over Android practices, a meaningful legal setback that keeps regulatory pressure on Alphabet. Reuters: EU top court dismisses Google fight against record €4.1 billion EU antitrust fine
• Negative Sentiment: Several articles flagged investor concern over Alphabet’s heavy AI infrastructure spending, with scrutiny growing around whether capex will pressure margins before it boosts returns. Yahoo Finance: Alphabet Drops 6% Despite $4.3 Trillion Valuation as AI Spending Draws Scrutiny

Wall Street Analysts Forecast Growth

Several analysts have commented on GOOG shares. Scotiabank restated an “outperform” rating and set a $450.00 price objective (up from $400.00) on shares of Alphabet in a research note on Thursday, April 30th. TD Cowen increased their price objective on shares of Alphabet from $450.00 to $475.00 and gave the stock a “buy” rating in a research note on Tuesday, June 9th. Raymond James Financial reissued a “strong-buy” rating and set a $425.00 target price on shares of Alphabet in a report on Thursday, April 30th. Weiss Ratings restated a “buy (b)” rating on shares of Alphabet in a research report on Monday, April 20th. Finally, JPMorgan Chase & Co. upped their price target on shares of Alphabet from $395.00 to $460.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Four investment analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $376.19.

Alphabet Company Profile

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.