Mascagni Wealth Management Inc. Buys 1,563 Shares of Alphabet Inc. $GOOGL

Mascagni Wealth Management Inc. grew its position in Alphabet Inc. (NASDAQ:GOOGL) by 56.1% in the 1st quarter, Holdings Channel reports. The institutional investor owned 4,347 shares of the information services provider’s stock after purchasing an additional 1,563 shares during the quarter. Mascagni Wealth Management Inc.’s holdings in Alphabet were worth $1,250,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the business. Orographic Financial Advisors LLC bought a new position in Alphabet during the 1st quarter valued at about $2,997,000. Silicon Valley Capital Partners grew its stake in shares of Alphabet by 7.3% in the first quarter. Silicon Valley Capital Partners now owns 187,453 shares of the information services provider’s stock worth $53,904,000 after acquiring an additional 12,737 shares during the period. Paragon Private Wealth Management LLC raised its holdings in shares of Alphabet by 0.9% during the first quarter. Paragon Private Wealth Management LLC now owns 45,421 shares of the information services provider’s stock valued at $13,061,000 after purchasing an additional 411 shares during the last quarter. Hamilton Wealth LLC lifted its position in Alphabet by 196.9% during the first quarter. Hamilton Wealth LLC now owns 311,673 shares of the information services provider’s stock valued at $89,625,000 after purchasing an additional 206,700 shares during the period. Finally, Alexander Labrunerie & CO. Inc. lifted its position in Alphabet by 1.8% during the first quarter. Alexander Labrunerie & CO. Inc. now owns 9,303 shares of the information services provider’s stock valued at $2,675,000 after purchasing an additional 165 shares during the period. 40.03% of the stock is currently owned by institutional investors.

Insider Activity at Alphabet

In other Alphabet news, insider John Kent Walker sold 8,998 shares of the business’s 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. The trade was a 10.68% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Marsida Saraci sold 449 shares of the stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total transaction of $149,606.80. Following the transaction, the chief accounting officer directly owned 27,386 shares of the company’s stock, valued at $9,125,015.20. This trade represents a 1.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 600,547 shares of company stock valued at $16,255,540. 11.61% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of brokerages have weighed in on GOOGL. Jefferies Financial Group reiterated a “buy” rating on shares of Alphabet in a research note on Monday, June 22nd. Piper Sandler restated an “overweight” rating and issued a $395.00 price target (down from $445.00) on shares of Alphabet in a research note on Thursday, July 23rd. Phillip Securities upgraded Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research report on Monday, July 27th. CICC Research raised their target price on Alphabet from $388.00 to $407.91 and gave the stock an “outperform” rating in a research report on Friday, May 1st. Finally, Morgan Stanley set a $400.00 price target on shares of Alphabet and gave the company an “overweight” rating in a research report on Thursday, July 23rd. Six investment analysts have rated the stock with a Strong Buy rating, forty-four have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $419.86.

Alphabet Stock Down 1.3%

Shares of GOOGL opened at $357.75 on Friday. The business’s 50 day moving average is $356.20 and its 200 day moving average is $340.31. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a 12-month low of $194.33 and a 12-month high of $408.61. The company has a market capitalization of $4.38 trillion, a PE ratio of 17.97, a price-to-earnings-growth ratio of 1.02 and a beta of 1.24.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.89 by $6.22. The business had revenue of $119.80 billion during the quarter, compared to analyst estimates of $117.07 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. Research analysts expect that Alphabet Inc. will post 20.51 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

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 paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Friday, September 4th. Alphabet’s dividend payout ratio (DPR) is presently 4.42%.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet is seeking up to $25 billion through a 10-part U.S. bond offering, with reports indicating orders could exceed $115 billion. The strong demand suggests investors and lenders remain confident in Alphabet’s credit profile, while the funds will support AI data centers, computing capacity and other corporate needs. Alphabet seeks up to $25 billion from its latest bond sale
• Positive Sentiment: AI demand continues to create growth opportunities for Google Cloud. AI lab Mirendil signed a multiyear agreement worth more than $100 million for Google Cloud computing capacity, reinforcing demand for Alphabet’s infrastructure and services. Mirendil signs Google Cloud deal
• Neutral Sentiment: Demis Hassabis is moving from day-to-day leadership of Google DeepMind to become Alphabet’s chief scientist and chair of DeepMind, with a focus on long-term research, artificial general intelligence and Isomorphic Labs. Management says the change is intended to improve coordination between research and commercialization. Demis Hassabis new role
• Negative Sentiment: Investors remain concerned that Hassabis’ reduced operating role, combined with the departure of longtime chief scientist Jeff Dean and other senior researchers, could weaken Alphabet’s ability to retain talent and compete in frontier AI. The leadership changes followed concerns about delays in Google’s next-generation Gemini products. Google AI leadership departures
• Negative Sentiment: The debt offering highlights the scale of Alphabet’s AI spending. Although borrowing can preserve cash for operations, it increases interest obligations and intensifies scrutiny over whether future AI revenue will justify the substantial capital investment. Alphabet bond offering and AI spending
• Negative Sentiment: Alphabet’s planned $15 billion India data-center project faces opposition over potential effects on water supplies and wildlife, creating possible permitting, reputational and construction risks. Google India data center environmental concerns

About Alphabet

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.