Greenland Capital Management LP Buys 5,948 Shares of Alphabet Inc. $GOOG

Greenland Capital Management LP lifted its position in Alphabet Inc. (NASDAQ:GOOG) by 118.6% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 10,965 shares of the information services provider’s stock after purchasing an additional 5,948 shares during the quarter. Greenland Capital Management LP’s holdings in Alphabet were worth $3,874,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Castlekeep Investment Advisors LLC bought a new stake in Alphabet during the second quarter worth about $29,000. Imprint Wealth LLC acquired a new stake in shares of Alphabet during the third quarter worth approximately $31,000. Lifetime Wealth Management P.C. bought a new position in shares of Alphabet in the fourth quarter valued at approximately $38,000. Bard Associates Inc. bought a new position in shares of Alphabet in the fourth quarter valued at approximately $41,000. Finally, Toth Financial Advisory Corp acquired a new position in shares of Alphabet in the 2nd quarter worth approximately $41,000. Institutional investors and hedge funds own 27.26% of the company’s stock.

Insider Transactions at Alphabet

In related news, CAO Marsida Saraci sold 449 shares of Alphabet stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total value of $149,606.80. Following the completion of the sale, the chief accounting officer directly owned 27,386 shares in the company, valued at $9,125,015.20. This trade represents a 1.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Frances Arnold sold 82 shares of the business’s stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $337.71, for a total value of $27,692.22. Following the sale, the director directly owned 18,995 shares of the company’s stock, valued at $6,414,801.45. This represents a 0.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 451,925 shares of company stock worth $12,371,544 over the last 90 days. 12.99% of the stock is owned by insiders.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet announced at least €13 billion (about $15.1 billion) for AI data centers and digital infrastructure in Finland during 2027–2028. The investment will support Gemini, Search, Maps and YouTube, while a 22-year agreement with Fortum for nuclear power could provide reliable, lower-carbon electricity for energy-intensive AI operations. Google to invest $15 billion AI infrastructure in Finland
• Positive Sentiment: Google Cloud and Accenture are creating a group of 1,000 engineers to help customers deploy AI agents. The initiative may accelerate enterprise adoption of Google’s cloud, AI software and custom chips, strengthening the growth outlook for the Cloud segment. Accenture and Google are teaming up to send 1,000 engineers into the field
• Positive Sentiment: Bank of America and other commentary pointed to resilient web traffic despite rising AI competition, offering reassurance that Google’s core search business has not yet been materially displaced. Bank of America Spots Reassuring Signal for Google Stock
• Neutral Sentiment: Google, Microsoft, Amazon, Meta and Anthropic joined a Canadian data-center development pledge. The agreement supports broader AI infrastructure expansion, although it does not immediately change Alphabet’s earnings outlook. HIVE joins Google, Microsoft and Amazon in new Canada data center pledge
• Negative Sentiment: The Finland commitment reinforces concerns that surging AI capital expenditures could pressure free cash flow before revenue and profits fully scale. Investors are increasingly focused on whether Alphabet can earn attractive returns on its massive infrastructure buildout. Alphabet’s ROIC Is Strong, but Is GOOGL Stock a Buy Now?
• Negative Sentiment: Alphabet warned that changes to European search results required by the Digital Markets Act could reduce search quality and increase costs for businesses, creating potential pressure on user engagement, monetization and regulatory expenses. Google warns of lower quality as it revamps Europe search results
• Negative Sentiment: Meta’s launch of its paid Muse AI agent heightened fears that autonomous assistants could bypass traditional search pages and weaken Alphabet’s search advertising model. Separately, delays affecting Alphabet and Blackstone’s Project Braid data-center venture underscore execution risks in the AI expansion. Meta rises as Muse AI agent arrives

Alphabet Stock Performance

Shares of Alphabet stock opened at $328.38 on Thursday. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. The firm has a market cap of $4.02 trillion, a P/E ratio of 16.49, a P/E/G ratio of 0.97 and a beta of 1.21. The firm has a 50 day simple moving average of $345.69 and a 200 day simple moving average of $341.58. Alphabet Inc. has a fifty-two week low of $236.58 and a fifty-two week high of $404.47.

Alphabet (NASDAQ:GOOG) last posted its quarterly earnings data on Thursday, July 23rd. 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 firm had revenue of $119.80 billion during the quarter, compared to analysts’ expectations of $116.53 billion. During the same quarter in the previous year, the company posted $2.31 EPS. Alphabet’s revenue was up 24.2% on a year-over-year basis. Sell-side analysts predict that Alphabet Inc. will post 20.5 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

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

Analyst Ratings Changes

GOOG has been the topic of a number of research analyst reports. Wedbush initiated coverage on Alphabet in a research report on Thursday, July 16th. They set an “outperform” rating and a $445.00 price target on the stock. Freedom Capital upgraded Alphabet from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 23rd. HSBC set a $515.00 price objective on Alphabet in a research note on Friday, August 14th. Weiss Ratings restated a “buy (b)” rating on shares of Alphabet in a research note on Friday, July 17th. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $450.00 target price on shares of Alphabet in a research note on Thursday, May 21st. Six research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $415.55.

Alphabet Profile

Alphabet Inc is a technology holding company best known as the parent company of Google. It was established in 2015 as part of a corporate restructuring intended to separate Google’s core internet businesses from a collection of other ventures. Google remains Alphabet’s largest business and serves users, advertisers, businesses and developers worldwide.

Google’s principal products and services include its internet search engine, online advertising platforms, YouTube, Android, Chrome, Google Maps, Google Play and Google Photos.