Alphabet (NASDAQ:GOOG) Major Shareholder Sells 18,386 Shares

Key Points

  • Major shareholder 2019 Gp L.L.C. Gv sold 63,297 Alphabet shares at an average price of $19.06, totaling approximately $1.21 million. The shareholder has also reported several other Alphabet sales recently.
  • Alphabet reported a strong quarter, with revenue up 24.2% year over year to $119.8 billion and EPS of $9.11, exceeding analysts’ $2.87 estimate. The company declared a quarterly dividend of $0.22 per share.
  • Analyst sentiment remains positive: Alphabet has an average “Buy” rating and a consensus price target of $410.09, although several firms recently lowered their targets.

Alphabet Inc. (NASDAQ:GOOG - Get Free Report) major shareholder 2019 Gp L.L.C. Gv sold 18,386 shares of the stock in a transaction that occurred on Monday, July 20th. The stock was sold at an average price of $18.87, for a total value of $346,943.82. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Major shareholders that own at least 10% of a company's shares are required to disclose their transactions with the SEC.

2019 Gp L.L.C. Gv also recently made the following trade(s):

  • On Friday, July 17th, 2019 Gp L.L.C. Gv sold 20,534 shares of Alphabet stock. The shares were sold at an average price of $18.68, for a total value of $383,575.12.
  • On Friday, July 24th, 2019 Gp L.L.C. Gv sold 23,417 shares of Alphabet stock. The shares were sold at an average price of $18.88, for a total value of $442,112.96.
  • On Thursday, July 23rd, 2019 Gp L.L.C. Gv sold 63,297 shares of Alphabet stock. The stock was sold at an average price of $19.06, for a total value of $1,206,440.82.
  • On Friday, May 15th, 2019 Gp L.L.C. Gv sold 87,475 shares of Alphabet stock. The stock was sold at an average price of $23.75, for a total transaction of $2,077,531.25.
  • On Thursday, May 14th, 2019 Gp L.L.C. Gv sold 60,077 shares of Alphabet stock. The stock was sold at an average price of $23.01, for a total transaction of $1,382,371.77.

Alphabet Stock Up 1.8%




Shares of NASDAQ:GOOG opened at $332.60 on Wednesday. The company's fifty day moving average is $358.25 and its two-hundred day moving average is $337.68. 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 1-year low of $188.70 and a 1-year high of $404.47. The stock has a market capitalization of $4.03 trillion, a price-to-earnings ratio of 16.71, a price-to-earnings-growth ratio of 0.95 and a beta of 1.23.

Alphabet (NASDAQ:GOOG - Get Free Report) last posted its quarterly earnings results on Wednesday, July 22nd. 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 business had revenue of $119.80 billion during the quarter, compared to analyst estimates of $116.53 billion. During the same period in the previous year, the business posted $2.31 EPS. The company's quarterly revenue was up 24.2% on a year-over-year basis. Equities analysts anticipate that Alphabet Inc. will post 19.79 EPS for the current year.

Alphabet Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, September 14th. Stockholders of record on Monday, September 7th will be issued a dividend of $0.22 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. Alphabet's dividend payout ratio is 4.42%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. TD Cowen reissued a "buy" rating and issued a $475.00 price target on shares of Alphabet in a report on Thursday, July 23rd. The Goldman Sachs Group reaffirmed a "buy" rating and issued a $450.00 target price on shares of Alphabet in a research report on Thursday, May 21st. Wolfe Research set a $460.00 target price on Alphabet in a research note on Thursday, July 23rd. Morgan Stanley cut their target price on Alphabet from $415.00 to $400.00 and set an "overweight" rating on the stock in a research note on Thursday, July 23rd. Finally, Stifel Nicolaus set a $420.00 price target on shares of Alphabet in a report on Wednesday, May 20th. Seven equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Alphabet has a consensus rating of "Buy" and a consensus price target of $410.09.

View Our Latest Stock Analysis on GOOG

Hedge Funds Weigh In On Alphabet

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Kathmere Capital Management LLC lifted its holdings in Alphabet by 8.5% in the fourth quarter. Kathmere Capital Management LLC now owns 29,896 shares of the information services provider's stock worth $9,381,000 after purchasing an additional 2,341 shares during the period. Gerber Kawasaki Wealth & Investment Management increased its stake in Alphabet by 1.0% during the 4th quarter. Gerber Kawasaki Wealth & Investment Management now owns 275,943 shares of the information services provider's stock valued at $86,596,000 after buying an additional 2,850 shares during the period. Newbridge Financial Services Group Inc. increased its stake in Alphabet by 7.5% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 60,739 shares of the information services provider's stock valued at $19,060,000 after buying an additional 4,239 shares during the period. Violich Capital Management Inc. raised its position in shares of Alphabet by 1.0% during the 4th quarter. Violich Capital Management Inc. now owns 340,776 shares of the information services provider's stock worth $106,936,000 after buying an additional 3,378 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC raised its position in shares of Alphabet by 12.1% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 45,014 shares of the information services provider's stock worth $14,125,000 after buying an additional 4,848 shares in the last quarter. 27.26% of the stock is currently owned by institutional investors and hedge funds.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

  • Positive Sentiment: Strong fundamentals are supporting the rebound. Alphabet’s latest quarter featured 24.2% revenue growth, an EPS beat, and an 82% year-over-year increase in Google Cloud revenue. Analysts and investors argue that AI adoption, Search resilience, YouTube growth, and improving cloud profitability can eventually justify the company’s large infrastructure investments. Alphabet: Buy The Capex-Caused Decline
  • Positive Sentiment: Analyst and institutional backing remains constructive. Phillip Securities upgraded Alphabet to “strong buy,” while KeyCorp modestly raised its FY2028 EPS estimate. Asset Management One also added approximately 117,000 GOOGL shares, signaling continued institutional confidence despite recent volatility. Alphabet upgrade
  • Positive Sentiment: YouTube expanded its monetization ecosystem. A multiyear agreement will bring Peacock content, including sports and entertainment programming, to YouTube Premium subscribers in the United States, potentially strengthening engagement and subscription value. YouTube and Peacock deal
  • Neutral Sentiment: AI remains both the growth engine and the central debate. More than 1,100 technology employees urged governments to establish stronger AI-safety rules. The issue could increase compliance costs, but coordinated regulation may also benefit large, well-funded platforms such as Google over smaller competitors. AI safety plan
  • Negative Sentiment: Capital-spending concerns continue to cap enthusiasm. Alphabet’s roughly $195 billion–$205 billion 2026 capex forecast has pushed free cash flow negative and raised questions about returns on AI infrastructure. Investors are looking for evidence that Cloud growth and AI monetization will outpace the spending burden.
  • Negative Sentiment: European legal risks are escalating. Following a $1 billion Digital Markets Act fine, rivals could pursue as much as $10 billion in private damages claims, creating potential financial and operational pressure on Google’s European business. Google European damages claims

Alphabet Company Profile

(Get Free Report)

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.

See Also

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