Alphabet Inc. $GOOG Shares Purchased by Cloverfields Capital Group LP

Cloverfields Capital Group LP increased its stake in Alphabet Inc. (NASDAQ:GOOG) by 13.9% during the 1st quarter, Holdings Channel reports. The fund owned 26,724 shares of the information services provider’s stock after purchasing an additional 3,267 shares during the quarter. Alphabet makes up approximately 2.5% of Cloverfields Capital Group LP’s investment portfolio, making the stock its 3rd biggest position. Cloverfields Capital Group LP’s holdings in Alphabet were worth $7,666,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in the company. Atika Capital Management LLC raised its holdings in shares of Alphabet by 2.5% in the 1st quarter. Atika Capital Management LLC now owns 43,250 shares of the information services provider’s stock valued at $12,407,000 after purchasing an additional 1,050 shares in the last quarter. Greenline Wealth Management LLC lifted its holdings in shares of Alphabet by 28.9% in the 1st quarter. Greenline Wealth Management LLC now owns 2,424 shares of the information services provider’s stock valued at $695,000 after purchasing an additional 544 shares during the last quarter. Liberty One Investment Management LLC boosted its holdings in shares of Alphabet by 119.7% in the first quarter. Liberty One Investment Management LLC now owns 42,388 shares of the information services provider’s stock valued at $12,159,000 after acquiring an additional 23,098 shares during the period. Bowen Hanes & Co. Inc. boosted its stake in Alphabet by 521.6% during the 1st quarter. Bowen Hanes & Co. Inc. now owns 229,640 shares of the information services provider’s stock worth $65,875,000 after purchasing an additional 192,699 shares during the period. Finally, Noked Israel Ltd increased its stake in Alphabet by 70.2% in the first quarter. Noked Israel Ltd now owns 317,210 shares of the information services provider’s stock valued at $90,995,000 after purchasing an additional 130,830 shares during the period. 27.26% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on GOOG. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Alphabet in a report on Friday, July 17th. TD Cowen restated a “buy” rating and issued a $475.00 price target on shares of Alphabet in a research report on Thursday. Scotiabank reaffirmed 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. DA Davidson decreased their price objective on Alphabet from $375.00 to $350.00 and set a “neutral” rating for the company in a research report on Thursday. Finally, Oppenheimer reiterated an “outperform” rating and issued a $400.00 target price (down from $445.00) on shares of Alphabet in a research note on Thursday. Six investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, Alphabet has an average rating of “Buy” and an average target price of $410.09.

Insider Transactions at Alphabet

In other Alphabet news, Director John L. Hennessy sold 1,050 shares of the firm’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 sale, the director owned 1,481 shares of the company’s stock, valued at approximately $545,941.03. This trade represents a 41.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider John Kent Walker sold 8,998 shares of the business’s stock in a transaction on Monday, June 29th. The stock was sold at an average price of $349.29, for a total transaction of $3,142,911.42. Following the sale, the insider owned 75,290 shares in the company, valued at $26,298,044.10. The trade was a 10.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 159,415 shares of company stock valued at $7,672,279. 12.99% of the stock is owned by company insiders.

Trending Headlines about 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 Stock Performance

Shares of Alphabet stock opened at $319.09 on Monday. The firm has a market cap of $3.87 trillion, a price-to-earnings ratio of 16.03, a price-to-earnings-growth ratio of 1.08 and a beta of 1.23. Alphabet Inc. has a 52-week low of $188.70 and a 52-week high of $404.47. The company’s 50-day simple moving average is $360.63 and its 200-day simple moving average is $337.53. 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 (NASDAQ:GOOG) last announced its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, beating analysts’ consensus estimates of $2.87 by $6.24. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The firm had revenue of $119.80 billion during the quarter, compared to the consensus estimate of $116.53 billion. During the same quarter last year, the firm earned $2.31 earnings per share. The firm’s revenue was up 24.2% compared to the same quarter last year. As a group, equities research analysts anticipate that Alphabet Inc. will post 17.25 earnings per share for the current year.

Alphabet Announces Dividend

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

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.