Mmbg Investment Advisors CO. Sells 1,597 Shares of Alphabet Inc. $GOOGL

Mmbg Investment Advisors CO. decreased its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 0.5% during the 2nd quarter, HoldingsChannel reports. The fund owned 318,756 shares of the information services provider’s stock after selling 1,597 shares during the period. Alphabet comprises approximately 9.0% of Mmbg Investment Advisors CO.’s portfolio, making the stock its 2nd largest holding. Mmbg Investment Advisors CO.’s holdings in Alphabet were worth $113,914,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Lifetime Wealth Management P.C. acquired a new stake in shares of Alphabet during the fourth quarter valued at about $32,000. EMC Capital Management acquired a new position in shares of Alphabet in the fourth quarter valued at approximately $33,000. IFC & Insurance Marketing Inc. bought a new position in Alphabet in the 4th quarter valued at approximately $38,000. Bard Associates Inc. bought a new position in Alphabet in the 4th quarter valued at approximately $52,000. Finally, iSAM Funds UK Ltd bought a new position in Alphabet in the 3rd quarter valued at approximately $53,000. Institutional investors own 40.03% of the company’s stock.

Insider Buying and Selling at Alphabet

In other Alphabet news, CAO Marsida Saraci sold 449 shares of the stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total transaction of $149,606.80. Following the completion of the sale, the chief accounting officer directly owned 27,386 shares in the company, valued at approximately $9,125,015.20. This trade represents a 1.61% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of Alphabet stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $18.90, for a total value of $2,232,808.20. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 451,925 shares of company stock valued at $12,371,544. 11.61% of the stock is currently owned by insiders.

Alphabet Stock Up 0.6%

Alphabet stock opened at $337.12 on Thursday. The firm has a market cap of $4.12 trillion, a price-to-earnings ratio of 16.93, a PEG ratio of 0.97 and a beta of 1.22. Alphabet Inc. has a 52-week low of $224.79 and a 52-week high of $408.61. 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 50 day moving average price of $349.02 and a two-hundred day moving average price of $342.38.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, beating analysts’ consensus estimates of $2.89 by $6.22. 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 $117.07 billion. Equities analysts predict that Alphabet Inc. will post 20.5 EPS for the current year.

Alphabet Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 14th. Shareholders of record on Monday, September 7th will be given a dividend of $0.22 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. Alphabet’s dividend payout ratio is 4.42%.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: A federal judge rejected the U.S. government’s request to force Google to sell its AdX advertising exchange, removing the immediate risk of a disruptive breakup. The ruling still requires Google to change certain ad-tech practices, but the decision preserves the structure of a highly profitable business. Google defeats US bid to force ad-tech sale
• Positive Sentiment: Berkshire Hathaway increased its Alphabet position by roughly $10 billion, with CEO Greg Abel describing Google as a significant AI player. The investment provides a high-profile vote of confidence in Alphabet’s AI capabilities and long-term growth prospects. Berkshire CEO comments on Alphabet AI investment
• Positive Sentiment: Alphabet is securing additional power for its expanding AI infrastructure. Google agreed to purchase approximately 400 megawatts of geothermal electricity from Fervo Energy for a Utah data center, while Eos Energy announced a battery-storage partnership tied to a planned $350 million West Virginia project. These agreements support data-center capacity growth and energy reliability. Google buys geothermal power from Fervo
• Positive Sentiment: Waymo expanded paid robotaxi service to Denver, San Diego and Tampa, bringing its operations to 14 U.S. cities. The rollout offers Alphabet investors evidence of increasing commercialization outside the core advertising business. Waymo expands robotaxi service
• Neutral Sentiment: Reports indicate Google may release Gemini 3.8 Flash this week, with internal testing showing improved coding performance. A stronger model could support Cloud and Workspace monetization, although the financial impact remains unproven. New Google AI model report
• Negative Sentiment: The antitrust ruling was not a complete victory: Google must implement undisclosed operational changes intended to address illegal practices and pressure on publisher ad rates. Regulatory scrutiny therefore remains a continuing risk to ad-tech economics. Federal judge declines to break up Google ad technology business
• Negative Sentiment: Investors continue to weigh Alphabet’s heavy AI infrastructure spending against uncertain returns. Competition from OpenAI and other AI providers, along with reported talent losses, could pressure Google Search and increase the cost of defending its market position. OpenAI advertising competition report

Wall Street Analysts Forecast Growth

GOOGL has been the topic of a number of research reports. BMO Capital Markets set a $465.00 target price on shares of Alphabet and gave the stock an “outperform” rating in a report on Thursday, July 23rd. DA Davidson set a $350.00 price target on shares of Alphabet and gave the company a “neutral” rating in a research note on Thursday, July 23rd. Mizuho lifted their price target on shares of Alphabet from $420.00 to $460.00 and gave the stock an “outperform” rating in a report on Wednesday, May 6th. Morgan Stanley set a $400.00 price objective on shares of Alphabet and gave the stock an “overweight” rating in a research note on Thursday, July 23rd. Finally, Needham & Company LLC restated a “buy” rating and issued a $450.00 price objective on shares of Alphabet in a report on Wednesday, June 3rd. Six research analysts have rated the stock with a Strong Buy rating, forty-four have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Alphabet presently has a consensus rating of “Buy” and a consensus target price of $420.19.

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.