Sapient Capital LLC Has $39.58 Million Holdings in Alphabet Inc. $GOOG

Sapient Capital LLC lessened its holdings in Alphabet Inc. (NASDAQ:GOOG) by 10.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 112,021 shares of the information services provider’s stock after selling 12,602 shares during the quarter. Alphabet makes up approximately 0.5% of Sapient Capital LLC’s holdings, making the stock its 28th biggest holding. Sapient Capital LLC’s holdings in Alphabet were worth $39,580,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. World Equity Group Inc. raised its stake in shares of Alphabet by 4.9% during the second quarter. World Equity Group Inc. now owns 11,805 shares of the information services provider’s stock worth $4,171,000 after buying an additional 552 shares during the last quarter. Focus Financial Network Inc. boosted its stake in Alphabet by 3.2% in the second quarter. Focus Financial Network Inc. now owns 14,744 shares of the information services provider’s stock valued at $5,209,000 after acquiring an additional 453 shares during the last quarter. Allied Private Wealth LLC bought a new position in Alphabet in the second quarter valued at approximately $1,667,000. Corepath Wealth Partners LLC grew its holdings in Alphabet by 11.9% during the 2nd quarter. Corepath Wealth Partners LLC now owns 1,335 shares of the information services provider’s stock worth $479,000 after acquiring an additional 142 shares during the period. Finally, Great Waters Wealth Management grew its holdings in Alphabet by 91.7% during the 2nd quarter. Great Waters Wealth Management now owns 1,756 shares of the information services provider’s stock worth $621,000 after acquiring an additional 840 shares during the period. Institutional investors and hedge funds own 27.26% of the company’s stock.

Insider Activity at Alphabet

In other Alphabet news, Director John L. Hennessy sold 1,050 shares of the business’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $368.63, for a total transaction of $387,061.50. Following the sale, the director directly owned 1,481 shares of the company’s stock, valued at $545,941.03. The trade was a 41.49% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $19.46, for a total transaction of $3,832,277.26. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 600,547 shares of company stock valued at $16,255,540. Corporate insiders own 12.99% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on GOOG shares. Morgan Stanley cut their price target on Alphabet from $415.00 to $400.00 and set an “overweight” rating on the stock in a research note on Thursday, July 23rd. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Alphabet in a research note on Thursday, July 23rd. JPMorgan Chase & Co. dropped their price objective on Alphabet from $460.00 to $420.00 and set an “overweight” rating for the company in a report on Thursday, July 23rd. Stifel Nicolaus set a $420.00 target price on Alphabet in a research report on Wednesday, May 20th. Finally, Oppenheimer reaffirmed an “outperform” rating and issued a $400.00 price target (down from $445.00) on shares of Alphabet in a research note on Thursday, July 23rd. Six equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $410.09.

Alphabet Stock Performance

NASDAQ GOOG opened at $353.47 on Monday. Alphabet Inc. has a 52 week low of $197.46 and a 52 week high of $404.47. 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 stock’s 50 day moving average price is $353.94 and its two-hundred day moving average price is $339.02. The stock has a market capitalization of $4.32 trillion, a price-to-earnings ratio of 17.75, a PEG ratio of 0.99 and a beta of 1.23.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share for the quarter, topping 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 during the quarter, compared to analysts’ expectations of $116.53 billion. During the same period last year, the business earned $2.31 EPS. The business’s quarterly revenue was up 24.2% on a year-over-year basis. As a group, analysts anticipate that Alphabet Inc. will post 20.51 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 14th. Investors of record on Monday, September 7th will be issued a dividend of $0.22 per share. The ex-dividend date is Friday, September 4th. This represents a $0.88 annualized dividend and a yield of 0.2%. Alphabet’s dividend payout ratio is presently 4.42%.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Institutional buying remained supportive. State Street added an estimated 12.7 million shares of Alphabet’s Class A stock, while Mitsubishi UFJ, Lazard and Citizens Financial also increased their Alphabet positions in second-quarter 13F filings. State Street fund update
• Positive Sentiment: Alphabet’s AI and cloud businesses continue to show strong commercial momentum. Gemini reportedly reached 950 million monthly active users, Google Cloud revenue surged 82% in the second quarter, and its backlog reached $514 billion. A new multiyear, $100 million-plus Google Cloud agreement with AI lab Mirendil could add further demand for cloud infrastructure. Google AI and DeepMind report
• Neutral Sentiment: Alphabet is reorganizing its AI leadership. DeepMind chief Demis Hassabis is moving into a broader chief scientist role, while Chief Scientist Jeff Dean is departing after 27 years. The changes could improve long-term research focus but raise concerns about talent retention and execution. Google AI leadership report
• Negative Sentiment: Alphabet launched a roughly $25 billion, 10-part bond offering to finance expanded AI infrastructure spending. Strong demand—reportedly about $115 billion in orders—supports its credit profile, but investors remain concerned that rising capital expenditures and borrowing could reduce returns or increase financial risk. Alphabet bond offering report
• Negative Sentiment: Zacks Research downgraded Alphabet from “strong buy” to “hold,” adding to valuation and near-term sentiment pressure. Separately, several investment managers—including Mawer, First Eagle, Diamond Hill and SCS Capital—reported reductions in Alphabet holdings. Zacks Research
• Negative Sentiment: Alphabet’s planned $15 billion India data-center project faces opposition over water use and wildlife concerns, creating potential regulatory and development hurdles for its infrastructure expansion. Google India data center report

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.