Alphabet Inc. $GOOG Shares Sold by TBH Global Asset Management LLC

TBH Global Asset Management LLC reduced its holdings in Alphabet Inc. (NASDAQ:GOOG) by 4.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 35,525 shares of the information services provider’s stock after selling 1,814 shares during the quarter. Alphabet comprises 2.3% of TBH Global Asset Management LLC’s investment portfolio, making the stock its 8th biggest holding. TBH Global Asset Management LLC’s holdings in Alphabet were worth $12,552,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Triton Wealth Management PLLC boosted its stake in shares of Alphabet by 6.2% during the 2nd quarter. Triton Wealth Management PLLC now owns 11,277 shares of the information services provider’s stock worth $4,045,000 after acquiring an additional 663 shares in the last quarter. Bridgewater Advisors Inc. boosted its stake in shares of Alphabet by 10.8% during the second quarter. Bridgewater Advisors Inc. now owns 42,598 shares of the information services provider’s stock valued at $15,867,000 after acquiring an additional 4,147 shares during the last quarter. Gryphon Financial Partners LLC lifted its holdings in Alphabet by 11.9% in the 2nd quarter. Gryphon Financial Partners LLC now owns 20,521 shares of the information services provider’s stock valued at $7,251,000 after purchasing an additional 2,183 shares in the last quarter. Deuterium Capital Management LLC boosted its position in Alphabet by 14.5% during the second quarter. Deuterium Capital Management LLC now owns 61,812 shares of the information services provider’s stock worth $22,078,000 after acquiring an additional 7,812 shares during the last quarter. Finally, KBC Group NV boosted its holdings in shares of Alphabet by 5.6% during the second quarter. KBC Group NV now owns 7,221,870 shares of the information services provider’s stock worth $2,551,703,000 after purchasing an additional 385,573 shares during the last quarter. Hedge funds and other institutional investors own 27.26% of the company’s stock.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: AI chip partnership expands: Marvell issued Alphabet a warrant to purchase up to 58.97 million shares, potentially representing roughly 6.7% of Marvell and valued at approximately $12.2 billion at the exercise price. The agreement deepens cooperation on custom chips supporting Google’s TPU ecosystem, strengthening Alphabet’s control over AI infrastructure and supply. Marvell Google AI chip deal
• Positive Sentiment: Waymo reaches a key commercialization milestone: Alphabet’s autonomous-vehicle unit opened its cheaper, next-generation robotaxi to all riders in Los Angeles, Phoenix, and San Francisco. Lower production and operating costs could improve Waymo’s path toward broader scale and eventual profitability. Waymo next-generation robotaxi expansion
• Positive Sentiment: Cloud momentum remains a major support: Google Cloud revenue reportedly rose 82% year over year to $24.8 billion in the latest quarter, outpacing Microsoft Azure and Amazon Web Services. The acceleration provides tangible evidence that AI demand is translating into revenue growth. Google Cloud growth comparison
• Positive Sentiment: Institutional endorsement: Berkshire Hathaway increased its Alphabet position by 45% during the second quarter, making it one of Berkshire’s largest holdings. The move may reinforce the view that Alphabet’s advertising, cloud, and AI businesses are undervalued relative to their growth prospects. Berkshire Alphabet investment
• Neutral Sentiment: Google introduced new AI-powered study tools across Search and Gemini, including interactive visuals, simulations, practice quizzes, and a student hub. The launches support product engagement and AI monetization, although near-term financial impact is unclear. Google AI study tools
• Negative Sentiment: AI spending is increasing leverage: Alphabet raised A$5.5 billion, or about $3.9 billion, in its first Australian-dollar bond sale as it funds an aggressive AI infrastructure buildout. Additional borrowing preserves cash flexibility but increases interest obligations and highlights investor concerns about whether AI returns will justify capital spending. Alphabet Australian bond sale
• Negative Sentiment: Gemini timing remains uncertain: Prediction-market traders see limited odds of Google releasing its delayed flagship Gemini Pro model before September, raising concerns about product execution and competitive pressure in generative AI. Gemini Pro release delay
• Negative Sentiment: A bankruptcy-court hearing on Google’s proposed $10 million purchase of Spirit Airlines’ internal business data was delayed until September 9 after a flight-attendants’ union objected over confidential information. The financial impact is small, but the dispute creates legal and reputational risk around AI training data. Spirit Airlines data sale court delay

Analysts Set New Price Targets

Several research firms recently issued reports on GOOG. Piper Sandler reissued an “overweight” rating and issued a $395.00 target price (down from $445.00) on shares of Alphabet in a research report on Thursday, July 23rd. Stifel Nicolaus set a $420.00 target price on Alphabet in a research report on Wednesday, May 20th. Wolfe Research set a $460.00 target price on shares of Alphabet in a research note on Thursday, July 23rd. Wedbush assumed coverage on Alphabet in a report on Thursday, July 16th. They issued an “outperform” rating and a $445.00 price target for the company. Finally, Pivotal Research increased their price objective on shares of Alphabet from $470.00 to $475.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. Six equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $415.55.

Insider Activity at Alphabet

In related news, Director John L. Hennessy sold 1,050 shares of the firm’s stock in a transaction that occurred 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 transaction, the director owned 1,481 shares in the company, valued at $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 is available through the SEC website. Also, 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 transaction, the insider directly owned 75,290 shares of the company’s stock, valued at approximately $26,298,044.10. The trade was a 10.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 451,945 shares of company stock valued at $12,382,714. Insiders own 12.99% of the company’s stock.

Alphabet Stock Performance

Shares of GOOG opened at $341.70 on Thursday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. The firm has a fifty day moving average of $351.04 and a 200-day moving average of $339.72. The company has a market cap of $4.18 trillion, a price-to-earnings ratio of 17.16, a price-to-earnings-growth ratio of 0.96 and a beta of 1.23. Alphabet Inc. has a 1 year low of $197.46 and a 1 year high of $404.47.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings results on Thursday, July 23rd. The information services provider reported $9.11 EPS for the quarter, beating the consensus estimate of $2.87 by $6.24. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The company had revenue of $119.80 billion for the quarter, compared to analyst estimates of $116.53 billion. During the same quarter last year, the business earned $2.31 earnings per share. Alphabet’s revenue was up 24.2% compared to the same quarter last year. As a group, equities analysts anticipate that Alphabet Inc. will post 20.51 earnings per share for the current year.

Alphabet Announces Dividend

The business 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 yield of 0.3%. The ex-dividend date is Friday, September 4th. Alphabet’s dividend payout ratio is currently 4.42%.

Alphabet 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.