28,295 Shares in Alphabet Inc. $GOOG Bought by Blue Edge Capital LLC

Blue Edge Capital LLC acquired a new stake in Alphabet Inc. (NASDAQ:GOOG) during the 2nd quarter, Holdings Channel reports. The fund acquired 28,295 shares of the information services provider’s stock, valued at approximately $9,997,000. Alphabet makes up approximately 1.2% of Blue Edge Capital LLC’s portfolio, making the stock its 27th biggest holding.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Castlekeep Investment Advisors LLC bought a new stake in shares of Alphabet during the 2nd quarter valued at approximately $29,000. Lifetime Wealth Management P.C. bought a new position in Alphabet in the 4th quarter valued at approximately $38,000. Imprint Wealth LLC bought a new position in Alphabet in the 3rd quarter valued at approximately $31,000. Bard Associates Inc. bought a new position in Alphabet in the 4th quarter valued at approximately $41,000. Finally, Commonwealth Retirement Investments LLC acquired a new stake in Alphabet in the fourth quarter valued at approximately $45,000. Institutional investors own 27.26% of the company’s stock.

Alphabet Trading Down 1.0%

Shares of NASDAQ GOOG opened at $332.03 on Wednesday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. Alphabet Inc. has a 52-week low of $206.96 and a 52-week high of $404.47. The firm has a 50 day moving average price of $347.23 and a two-hundred day moving average price of $340.34. The stock has a market cap of $4.06 trillion, a P/E ratio of 16.68, a price-to-earnings-growth ratio of 0.97 and a beta of 1.23.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings results on Thursday, July 23rd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.87 by $6.24. The firm had revenue of $119.80 billion during the quarter, compared to the consensus estimate of $116.53 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The company’s revenue for the quarter was up 24.2% on a year-over-year basis. During the same quarter last year, the firm earned $2.31 earnings per share. As a group, equities analysts forecast that Alphabet Inc. will post 20.5 EPS 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 dividend of $0.22 per share. This represents a $0.88 annualized dividend and a 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%.

Insider Buying and Selling

In other Alphabet news, insider John Kent Walker sold 8,998 shares of Alphabet stock in a transaction dated 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 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the company’s stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $19.46, for a total value of $3,832,277.26. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 451,925 shares of company stock valued at $12,371,544 in the last quarter. 12.99% of the stock is currently owned by company insiders.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google DeepMind is reportedly preparing to release Gemini 3.8 Flash as early as this week. Internal testing suggests the model narrows Google’s coding-performance gap with OpenAI and Anthropic, potentially improving Alphabet’s position in enterprise AI and software development. New Google AI Model Said to Narrow Gap on Coding Ability
• Positive Sentiment: Alphabet-owned Waymo launched public robotaxi service in Denver, San Diego and Tampa, expanding its commercial operations to 14 U.S. cities. The rollout strengthens Alphabet’s long-term autonomous-driving opportunity as competition with Amazon’s Zoox and Tesla intensifies. Waymo accelerates robotaxi expansion
• Positive Sentiment: Google signed a 396-megawatt geothermal power agreement with Fervo Energy, supporting reliable, carbon-free electricity for data-center growth and its AI infrastructure strategy. Fervo signs geothermal power deal with Google
• Neutral Sentiment: Berkshire Hathaway made Alphabet its third-largest holding after reducing Bank of America exposure. The move provides a high-profile vote of confidence, but commentary questioning whether Alphabet is fully valued limits its immediate impact. Alphabet becomes Berkshire’s third-largest holding
• Negative Sentiment: Investors remain concerned that Meta’s AI advertising products and OpenAI’s rapidly growing ad business could threaten Google Search’s advertising dominance and future ad growth. Competition threatens Google Search advertising
• Negative Sentiment: Alphabet’s planned AI infrastructure spending—reportedly potentially reaching $205 billion this year—is raising concerns about depreciation, free cash flow and operating margins despite strong cloud and AI-driven revenue growth. Big Tech AI spending and depreciation concerns
• Negative Sentiment: EU regulators are examining Google’s proposed AI-search publisher opt-out, while a reported £260 million U.K. app-store settlement underscores continuing antitrust and regulatory exposure. EU regulators examine Google AI-search opt-out

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Royal Bank Of Canada reiterated a “buy” rating and set a $475.00 price target on shares of Alphabet in a report on Thursday, July 23rd. BMO Capital Markets raised their price objective on Alphabet from $455.00 to $465.00 and gave the company an “outperform” rating in a report on Thursday, July 23rd. DA Davidson reduced their price objective on Alphabet from $375.00 to $350.00 and set a “neutral” rating on the stock in a research report on Thursday, July 23rd. DZ Bank raised Alphabet to a “strong-buy” rating in a report on Thursday, July 23rd. Finally, Freedom Capital upgraded Alphabet from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 23rd. Six equities research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $415.55.

About Alphabet

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.