D.A. Davidson & CO. Sells 4,851 Shares of Alphabet Inc. $GOOGL

D.A. Davidson & CO. trimmed its position in Alphabet Inc. (NASDAQ:GOOGL) by 1.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 437,268 shares of the information services provider’s stock after selling 4,851 shares during the quarter. Alphabet comprises approximately 0.8% of D.A. Davidson & CO.’s holdings, making the stock its 25th biggest position. D.A. Davidson & CO.’s holdings in Alphabet were worth $125,741,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. EMC Capital Management purchased a new stake in shares of Alphabet in the fourth quarter worth $33,000. Lifetime Wealth Management P.C. bought a new stake in shares of Alphabet during the 4th quarter valued at $32,000. IFC & Insurance Marketing Inc. purchased a new position in shares of Alphabet during the 4th quarter valued at $38,000. Bard Associates Inc. purchased a new position in shares of Alphabet during the 4th quarter valued at $52,000. Finally, Kentucky Trust Co boosted its holdings in Alphabet by 142.9% in the 4th quarter. Kentucky Trust Co now owns 170 shares of the information services provider’s stock worth $53,000 after buying an additional 100 shares during the period. Institutional investors own 40.03% of the company’s stock.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s Q2 results showed strong underlying demand, including an 82% surge in Google Cloud revenue and continued growth in Search and YouTube, reinforcing that its core businesses are still expanding. Google Cloud CEO Kurian says customers are spending 50% more as segment blows away expectations
• Positive Sentiment: Analysts at Barclays argued that a TPU-as-a-service offering could materially lift Alphabet’s long-term profitability, suggesting the market may be underestimating future AI monetization. TPU-As-A-Service could boost Google’s 2028 profit by over 15%: Barclays
• Positive Sentiment: Verizon signed a more than $1 billion dark-fiber deal to support Google’s data centers, underscoring ongoing infrastructure demand tied to Alphabet’s AI and cloud expansion. Verizon signs deal with Google worth over $1 billion
• Neutral Sentiment: Alphabet was included in a momentum screen highlighting stocks with strong earnings and favorable price trends, which is supportive but not a major stock-specific catalyst. 3 High-Momentum Stocks to Buy Now Before They Surge
• Neutral Sentiment: Short-interest data showed no meaningful short position, so this does not appear to be a major driver of the move.
• Negative Sentiment: Investors are worried that Alphabet’s AI spending is becoming too large, with the company increasing 2026 capex guidance and reporting negative free cash flow for the first time in years. Alphabet earnings takeaways: Q2 revenue beats, GOOGL stock sinks on 2026 capex hike
• Negative Sentiment: Alphabet also faced fresh regulatory pressure after the European Commission fined Google about $1 billion under the Digital Markets Act. Google hit with $1 billion EU fine, first under landmark rules
• Negative Sentiment: Waymo reportedly may try to end its partnership with Uber, which could create uncertainty around one of Alphabet’s autonomous-driving distribution channels. Waymo reportedly mulling a breakup with Uber

Insider Activity at Alphabet

In other Alphabet news, 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 sale, the director owned 18,833 shares of the company’s stock, valued at $6,615,656.24. The trade was a 0.59% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director John L. Hennessy sold 1,050 shares of the firm’s stock in a transaction 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 completion of the transaction, the director directly 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 159,415 shares of company stock valued at $7,672,279 in the last 90 days. 11.61% of the stock is currently owned by insiders.

Alphabet Stock Up 0.6%

Shares of GOOGL stock opened at $319.74 on Friday. The stock has a market cap of $3.87 trillion, a P/E ratio of 16.06, a PEG ratio of 1.31 and a beta of 1.24. Alphabet Inc. has a 52 week low of $187.82 and a 52 week high of $408.61. The company has a quick ratio of 1.92, a current ratio of 2.72 and a debt-to-equity ratio of 0.16. The company’s fifty day simple moving average is $362.93 and its two-hundred day simple moving average is $338.74.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, beating the consensus estimate of $2.89 by $6.22. The business had revenue of $119.80 billion during the quarter, compared to the consensus estimate of $117.07 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. Analysts predict that Alphabet Inc. will post 17.59 EPS for the current fiscal year.

Alphabet Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, September 14th. Investors of record on Monday, September 7th will be given a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Friday, September 4th. Alphabet’s payout ratio is currently 4.42%.

Analyst Upgrades and Downgrades

GOOGL has been the subject of a number of analyst reports. Citigroup reiterated an “outperform” rating on shares of Alphabet in a research note on Monday, May 4th. Arete Research boosted their price objective on Alphabet from $405.00 to $425.00 and gave the company a “buy” rating in a research report on Monday, May 18th. 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 research note on Thursday, April 30th. Roth Capital reiterated a “buy” rating and set a $440.00 target price (up from $435.00) on shares of Alphabet in a research report on Thursday. Finally, Wall Street Zen raised Alphabet from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Five analysts have rated the stock with a Strong Buy rating, forty-five have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $419.86.

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.