Alphabet Inc. $GOOGL Shares Bought by Financial Futures Ltd Liability Co.

Financial Futures Ltd Liability Co. raised its stake in shares of Alphabet Inc. (NASDAQ:GOOGL) by 29.9% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 6,287 shares of the information services provider’s stock after acquiring an additional 1,446 shares during the period. Alphabet comprises about 0.8% of Financial Futures Ltd Liability Co.’s investment portfolio, making the stock its 24th biggest position. Financial Futures Ltd Liability Co.’s holdings in Alphabet were worth $1,808,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. EMC Capital Management acquired a new stake in shares of Alphabet during the 4th quarter worth approximately $33,000. Lifetime Wealth Management P.C. acquired a new position in shares of Alphabet in the 4th quarter valued at $32,000. PMV Capital Advisers LLC purchased a new stake in Alphabet during the fourth quarter worth $38,000. IFC & Insurance Marketing Inc. purchased a new stake in Alphabet during the fourth quarter worth $38,000. Finally, Bard Associates Inc. acquired a new stake in Alphabet during the fourth quarter valued at $52,000. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Insider Activity at Alphabet

In other news, CAO Marsida Saraci sold 449 shares of Alphabet stock in a transaction that occurred on Friday, June 26th. The stock was sold at an average price of $341.72, for a total value of $153,432.28. Following the sale, the chief accounting officer directly owned 27,348 shares of the company’s stock, valued at $9,345,358.56. The trade was a 1.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Frances Arnold sold 112 shares of Alphabet stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of $351.28, for a total value of $39,343.36. Following the completion of the sale, the director directly owned 18,833 shares in the company, valued at $6,615,656.24. This represents a 0.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 160,465 shares of company stock worth $8,020,511 in the last quarter. Corporate insiders own 11.61% of the company’s stock.

Alphabet Price Performance

Shares of NASDAQ GOOGL opened at $359.91 on Monday. The company’s 50-day simple moving average is $371.05 and its 200-day simple moving average is $334.60. Alphabet Inc. has a 52-week low of $172.77 and a 52-week high of $408.61. The firm has a market cap of $4.36 trillion, a price-to-earnings ratio of 27.45, a price-to-earnings-growth ratio of 1.54 and a beta of 1.24. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.16.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share for the quarter, topping the consensus estimate of $2.64 by $2.47. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. The firm had revenue of $109.90 billion during the quarter, compared to the consensus estimate of $106.98 billion. Equities analysts predict that Alphabet Inc. will post 14.32 EPS for the current fiscal year.

Alphabet Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 8th were paid a dividend of $0.22 per share. This is an increase from Alphabet’s previous quarterly dividend of $0.21. The ex-dividend date was Monday, June 8th. This represents a $0.88 annualized dividend and a yield of 0.2%. Alphabet’s dividend payout ratio (DPR) is presently 6.71%.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Several recent stories highlight Alphabet’s AI and cloud momentum, including Google Cloud traction with enterprise customers like Jack Henry and growing use of Google’s cloud tech by Italy’s Intesa Sanpaolo, which supports the bull case for future growth. Article Title
• Positive Sentiment: Jim Cramer argued that Alphabet still looks cheap, reinforcing a valuation-supportive narrative for GOOGL after its pullback. Article Title
• Positive Sentiment: Wall Street sentiment remains constructive, with Wells Fargo keeping an overweight rating and multiple analysts maintaining buy recommendations, which may help support the stock. Article Title
• Neutral Sentiment: Alphabet’s insider selling by John Kent Walker appears routine and is not, by itself, a major fundamental concern for investors. Article Title
• Neutral Sentiment: Coverage around Alphabet’s growing role in AI-powered shopping, robotaxis, and other ecosystem developments adds to the long-term story, but these are more thesis-supportive than immediate catalysts. Article Title
• Negative Sentiment: The biggest drag is the EU Supreme Court decision upholding Alphabet’s €4.1 billion Android antitrust fine, which reinforces legal and regulatory overhangs for the stock. Article Title
• Negative Sentiment: A separate Swedish court ruling ordered Alphabet to pay nearly $2 billion in a price-comparison dispute, adding to the sense that antitrust and competition risks remain active. Article Title

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on GOOGL shares. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $390.00 price objective (up from $345.00) on shares of Alphabet in a report on Thursday, April 30th. Wolfe Research lowered their target price on shares of Alphabet from $390.00 to $360.00 and set an “outperform” rating on the stock in a research note on Friday, April 10th. KeyCorp restated an “overweight” rating and set a $425.00 target price on shares of Alphabet in a research report on Wednesday, May 20th. President Capital lifted their price target on Alphabet from $375.00 to $465.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Finally, Wells Fargo & Company reduced their price target on Alphabet from $435.00 to $416.00 and set an “overweight” rating for the company in a report on Thursday. Two analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $413.54.

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.