Archer Investment Corp Purchases 4,658 Shares of Alphabet Inc. $GOOGL

Archer Investment Corp boosted its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 28.7% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 20,910 shares of the information services provider’s stock after acquiring an additional 4,658 shares during the period. Alphabet accounts for 1.3% of Archer Investment Corp’s holdings, making the stock its 14th biggest position. Archer Investment Corp’s holdings in Alphabet were worth $6,013,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Strategic Wealth Advisors LLC lifted its holdings in shares of Alphabet by 6.0% during the 1st quarter. Strategic Wealth Advisors LLC now owns 477 shares of the information services provider’s stock valued at $137,000 after purchasing an additional 27 shares during the last quarter. Symmetry Partners LLC boosted its position in shares of Alphabet by 0.4% in the 4th quarter. Symmetry Partners LLC now owns 7,912 shares of the information services provider’s stock worth $2,476,000 after purchasing an additional 30 shares in the last quarter. Private Wealth Management Group LLC grew its stake in Alphabet by 1.2% during the 1st quarter. Private Wealth Management Group LLC now owns 2,540 shares of the information services provider’s stock worth $730,000 after buying an additional 30 shares during the last quarter. Members Trust Co grew its stake in Alphabet by 0.5% during the 4th quarter. Members Trust Co now owns 6,434 shares of the information services provider’s stock worth $2,014,000 after buying an additional 31 shares during the last quarter. Finally, Altfest L J & Co. Inc. increased its position in Alphabet by 0.4% during the 4th quarter. Altfest L J & Co. Inc. now owns 7,952 shares of the information services provider’s stock valued at $2,489,000 after buying an additional 31 shares in the last quarter. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Alphabet News Summary

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

Analyst Ratings Changes

A number of research firms have commented on GOOGL. Jefferies Financial Group reiterated a “buy” rating on shares of Alphabet in a research note on Monday, June 22nd. Roth Capital restated a “buy” rating and set a $440.00 price target (up from $435.00) on shares of Alphabet in a research note on Thursday. Citizens Jmp restated a “market outperform” rating and set a $515.00 price objective on shares of Alphabet in a report on Wednesday. Canaccord Genuity Group increased their price objective on shares of Alphabet from $415.00 to $450.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Finally, Arete Research increased their price objective on shares of Alphabet from $405.00 to $425.00 and gave the company a “buy” rating in a research report on Monday, May 18th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $419.86.

Alphabet Stock Down 7.1%

Shares of GOOGL stock opened at $317.69 on Friday. Alphabet Inc. has a fifty-two week low of $187.82 and a fifty-two week high of $408.61. The firm has a market capitalization of $3.85 trillion, a PE ratio of 15.96, a P/E/G ratio of 1.41 and a beta of 1.24. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.92 and a current ratio of 1.92. The stock’s 50-day simple moving average is $364.48 and its 200-day simple moving average is $338.88.

Alphabet (NASDAQ:GOOGL) last released its earnings results 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. The firm had revenue of $119.80 billion during the quarter, compared to the consensus estimate of $117.07 billion. Alphabet had a return on equity of 57.20% and a net margin of 54.77%. Equities analysts expect that Alphabet Inc. will post 14.34 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. Shareholders 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 dividend on an annualized basis and a yield of 0.3%. Alphabet’s dividend payout ratio (DPR) 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 on Monday, June 29th. The shares were sold at an average price of $349.29, for a total value of $3,142,911.42. Following the sale, the insider owned 75,290 shares in the company, valued at $26,298,044.10. This represents a 10.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of the stock in a transaction on Friday, May 15th. The stock was sold at an average price of $23.75, for a total transaction of $2,077,531.25. 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 owned by company insiders.

Alphabet 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.