Alphabet Inc. $GOOG Position Boosted by Trivest Advisors Ltd

Trivest Advisors Ltd grew its holdings in Alphabet Inc. (NASDAQ:GOOG) by 1.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 144,000 shares of the information services provider’s stock after purchasing an additional 1,800 shares during the period. Alphabet comprises 1.6% of Trivest Advisors Ltd’s portfolio, making the stock its 8th largest holding. Trivest Advisors Ltd’s holdings in Alphabet were worth $50,880,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Imprint Wealth LLC acquired a new position in Alphabet in the 3rd quarter valued at approximately $31,000. Nvest Wealth Strategies Inc. acquired a new stake in shares of Alphabet during the 4th quarter valued at $38,000. Lifetime Wealth Management P.C. purchased a new position in shares of Alphabet during the 4th quarter valued at $38,000. Bard Associates Inc. purchased a new position in shares of Alphabet during the 4th quarter valued at $41,000. Finally, Commonwealth Retirement Investments LLC acquired a new position in shares of Alphabet in the fourth quarter worth $45,000. 27.26% of the stock is owned by hedge funds and other institutional investors.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google introduced flexible billing and resource-allocation tools for Gemini Enterprise and Google Antigravity, helping businesses manage unpredictable AI spending. The initiative could reduce a key barrier to enterprise AI adoption and support Google Cloud demand. Google Launches Flexible Billing To Manage Exploding AI Costs
• Positive Sentiment: Alphabet expanded Gemini Enterprise with specialized solutions for financial-services and legal customers, including industry-specific agents, data connectors and workflow tools. The launches strengthen Google Cloud’s effort to monetize agentic AI and compete with Microsoft and Anthropic. Google Cloud Launches Gemini Enterprise for Financial Services
• Positive Sentiment: Waymo plans to test autonomous vehicles in Munich and launch driverless rides in Germany in 2027. The expansion provides a long-term growth catalyst for Alphabet’s autonomous-driving investment, although commercialization remains years away. Waymo to launch driverless rides in Germany in 2027
• Positive Sentiment: Berkshire Hathaway reportedly increased its Alphabet position by 83% to roughly $37.8 billion, making it one of Berkshire’s largest holdings. The high-profile purchase reinforces investor confidence in Alphabet’s search, cloud and AI businesses. Berkshire Hathaway increases Alphabet stake
• Neutral Sentiment: Alphabet, Microsoft and Amazon are reportedly negotiating with China’s Moonshot AI to host its Kimi K3 model, with Moonshot seeking as much as 30% of related revenue. Hosting could create cloud revenue, but the proposed revenue share and U.S.-China technology restrictions may limit the benefit. China’s Moonshot in talks over K3 revenue sharing
• Negative Sentiment: A child-safety settlement involving Meta has renewed scrutiny of how YouTube protects minors. Investors are concerned that similar requirements could expose Alphabet to substantial compliance costs or financial liabilities.
• Negative Sentiment: Broader weakness in the Nasdaq-100 and major technology stocks added selling pressure, with Alphabet identified as a significant contributor to the index’s decline. Rising server prices for systems using Nvidia AI chips could also increase Alphabet’s already heavy infrastructure spending.
• Negative Sentiment: Google’s decision to move its AI-responsibility team outside DeepMind has prompted concerns about researcher independence and the company’s ability to identify risks in increasingly capable models. Calls for tighter U.S.-China AI rules add another layer of regulatory uncertainty.

Alphabet Stock Performance

Shares of NASDAQ GOOG opened at $339.10 on Thursday. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16. The business’s 50 day moving average is $348.88 and its two-hundred day moving average is $339.85. The company has a market cap of $4.15 trillion, a P/E ratio of 17.03, a P/E/G ratio of 0.96 and a beta of 1.23. Alphabet Inc. has a 12 month low of $206.39 and a 12 month high of $404.47.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings results on Thursday, July 23rd. The information services provider reported $9.11 EPS for the quarter, topping analysts’ consensus estimates of $2.87 by $6.24. The company had revenue of $119.80 billion during the quarter, compared to analyst estimates of $116.53 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.The company’s quarterly revenue was up 24.2% compared to the same quarter last year. During the same period in the previous year, the company earned $2.31 earnings per share. On average, equities analysts expect that Alphabet Inc. will post 20.51 EPS for the current year.

Alphabet Dividend Announcement

The company also recently disclosed 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 currently 4.42%.

Analyst Ratings Changes

A number of research firms recently issued reports on GOOG. TD Cowen reissued a “buy” rating and set a $475.00 price objective on shares of Alphabet in a research report on Thursday, July 23rd. Zacks Research cut Alphabet from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 5th. Morgan Stanley dropped their price objective on Alphabet from $415.00 to $400.00 and set an “overweight” rating on the stock in a report on Thursday, July 23rd. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $420.00 price objective (down from $435.00) on shares of Alphabet in a research report on Thursday, July 23rd. Finally, Scotiabank reissued an “outperform” rating and issued a $450.00 target price (up from $400.00) on shares of Alphabet in a research report on Thursday, April 30th. Six investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $415.55.

Insider Transactions at Alphabet

In other Alphabet news, Director John L. Hennessy sold 1,050 shares of the business’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $368.63, for a total value of $387,061.50. Following the sale, the director 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 can be accessed through this link. Also, insider John Kent Walker sold 8,998 shares of the firm’s stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $349.29, for a total value of $3,142,911.42. Following the transaction, the insider owned 75,290 shares of the company’s stock, valued at $26,298,044.10. This trade represents a 10.68% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 451,945 shares of company stock valued at $12,382,714. Company insiders own 12.99% of the company’s stock.

Alphabet Company Profile

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.