Alphabet Inc. $GOOGL Shares Sold by Pinpoint Asset Management Singapore Pte. Ltd.

Pinpoint Asset Management Singapore Pte. Ltd. lowered its position in Alphabet Inc. (NASDAQ:GOOGL) by 49.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 113,141 shares of the information services provider’s stock after selling 111,514 shares during the period. Alphabet makes up approximately 8.2% of Pinpoint Asset Management Singapore Pte. Ltd.’s investment portfolio, making the stock its 3rd largest holding. Pinpoint Asset Management Singapore Pte. Ltd.’s holdings in Alphabet were worth $40,433,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Cumberland Partners Ltd raised its position in Alphabet by 13.4% during the 2nd quarter. Cumberland Partners Ltd now owns 80,921 shares of the information services provider’s stock worth $28,919,000 after buying an additional 9,574 shares during the last quarter. PFC Capital Group Inc. boosted its holdings in shares of Alphabet by 0.3% in the 2nd quarter. PFC Capital Group Inc. now owns 34,532 shares of the information services provider’s stock valued at $12,340,000 after acquiring an additional 91 shares during the last quarter. SPX Gestao de Recursos Ltda purchased a new stake in shares of Alphabet in the 2nd quarter valued at $21,889,000. Cornerstone Select Advisors LLC boosted its holdings in shares of Alphabet by 9.9% in the 2nd quarter. Cornerstone Select Advisors LLC now owns 7,122 shares of the information services provider’s stock valued at $2,545,000 after acquiring an additional 643 shares during the last quarter. Finally, Strata Wealth Advisors LLC increased its stake in shares of Alphabet by 26.2% in the second quarter. Strata Wealth Advisors LLC now owns 2,079 shares of the information services provider’s stock worth $743,000 after acquiring an additional 432 shares during the period. Institutional investors and hedge funds own 40.03% of the company’s stock.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google is testing Gemini 3.8 Flash internally, suggesting a near-term launch of a faster, lower-cost AI model that could strengthen Alphabet’s competitive position and improve AI product monetization. Google employees are already testing the next Gemini Flash AI model
• Positive Sentiment: Google expanded AI Mode with flight-price tracking, hotel booking assistance and loyalty-point comparisons. The additions could increase user engagement and protect Google’s role in travel-related advertising and transactions. Google’s AI Mode can now track flight prices, help book hotels, and more
• Positive Sentiment: Analyst commentary remains favorable, citing approximately 14.4% advertising growth in the second quarter, AI-enhanced Search and YouTube tools, diversified revenue and a lower valuation than some large technology peers. GOOGL Rides on Strong Advertising Revenues
• Positive Sentiment: Berkshire Hathaway reportedly increased its Alphabet position by 83% to about $37.8 billion, providing a high-profile vote of confidence in Alphabet’s search, cloud and AI growth prospects. Berkshire Boosts Its Bet
• Positive Sentiment: Barret Zoph, a prominent AI researcher and Thinking Machines co-founder, is joining Google as a research vice president. The hire may help address concerns about Google’s recent loss of senior AI talent. Barret Zoph is now at Google
• Neutral Sentiment: Google joined more than 100 technology companies calling for coordinated defenses against AI-related cyber threats. The initiative supports responsible AI adoption but has limited immediate financial impact. Companies call for action against rogue AI
• Negative Sentiment: The FTC is reportedly nearing a potential lawsuit over YouTube account suspensions and alleged consumer-protection violations, adding regulatory uncertainty around the platform. FTC probes YouTube over social media policies
• Negative Sentiment: Google agreed to pay £260 million, or about $353 million, to settle a UK lawsuit brought by app developers, highlighting continuing legal exposure related to its app-distribution practices. Google agrees to settle UK app developers’ lawsuit
• Negative Sentiment: Multiple law firms announced investigations into possible securities-law violations involving Alphabet, which could increase headline risk despite the notices containing no finding of wrongdoing. Pomerantz investor alert
• Negative Sentiment: Alphabet’s AI infrastructure spending remains a concern: servers represented roughly 60% of technical infrastructure investment, while Nvidia-based server prices may rise more than 15%, potentially pressuring capital efficiency and free cash flow. Alphabet infrastructure spending and Nvidia server prices

Insiders Place Their Bets

In other news, CAO Marsida Saraci sold 449 shares of the stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total transaction of $149,606.80. Following the transaction, the chief accounting officer owned 27,386 shares in the company, valued at $9,125,015.20. This trade represents a 1.61% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider John Kent Walker sold 8,998 shares of Alphabet stock in a transaction on Monday, June 29th. The shares were sold at an average price of $349.29, for a total transaction of $3,142,911.42. Following the completion of the sale, the insider directly owned 75,290 shares in the company, valued at $26,298,044.10. This represents a 10.68% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 451,843 shares of company stock valued at $12,343,852. Corporate insiders own 11.61% of the company’s stock.

Wall Street Analyst Weigh In

GOOGL has been the subject of several recent research reports. Wells Fargo & Company set a $411.00 target price on shares of Alphabet and gave the stock an “overweight” rating in a report on Thursday, July 23rd. CICC Research upped their price target on shares of Alphabet from $388.00 to $407.91 and gave the company an “outperform” rating in a report on Friday, May 1st. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Alphabet in a research report on Monday, May 4th. Wedbush reiterated an “outperform” rating and set a $445.00 price objective on shares of Alphabet in a research note on Thursday, July 23rd. Finally, Citigroup reissued an “outperform” rating on shares of Alphabet in a report on Monday, May 4th. Six investment analysts have rated the stock with a Strong Buy rating, forty-four have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $420.19.

Alphabet Price Performance

Shares of Alphabet stock opened at $340.65 on Friday. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a twelve month low of $206.20 and a twelve month high of $408.61. The business has a 50-day moving average price of $350.06 and a 200 day moving average price of $341.71. The firm has a market cap of $4.17 trillion, a PE ratio of 17.11, a P/E/G ratio of 0.96 and a beta of 1.24.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.89 by $6.22. The company had revenue of $119.80 billion for the quarter, compared to the consensus estimate of $117.07 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. Sell-side analysts predict that Alphabet Inc. will post 20.5 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. Stockholders of record on Monday, September 7th will be paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Friday, September 4th. Alphabet’s dividend payout ratio is presently 4.42%.

Alphabet Company Profile

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.