Telligent Fund LP Has $9.33 Million Holdings in Alphabet Inc. $GOOG

Telligent Fund LP grew its holdings in shares of Alphabet Inc. (NASDAQ:GOOG) by 10.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,400 shares of the information services provider’s stock after purchasing an additional 2,400 shares during the period. Alphabet makes up 6.9% of Telligent Fund LP’s portfolio, making the stock its 6th biggest holding. Telligent Fund LP’s holdings in Alphabet were worth $9,328,000 as of its most recent SEC filing.

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

Alphabet Trading Down 1.2%

Shares of Alphabet stock opened at $339.10 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 business has a fifty day simple moving average of $348.88 and a two-hundred day simple moving average of $339.85. Alphabet Inc. has a 1 year low of $206.39 and a 1 year high of $404.47. The company has a market capitalization of $4.15 trillion, a price-to-earnings ratio of 17.03, a P/E/G ratio of 0.96 and a beta of 1.23.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings data on Thursday, July 23rd. 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 firm had revenue of $119.80 billion for the quarter, compared to the consensus estimate of $116.53 billion. During the same period in the previous year, the company earned $2.31 earnings per share. The company’s quarterly revenue was up 24.2% on a year-over-year basis. Research analysts forecast that Alphabet Inc. will post 20.51 EPS for the current year.

Alphabet Announces Dividend

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

Key Headlines Impacting Alphabet

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.

Analyst Ratings Changes

GOOG has been the subject of several analyst reports. Roth Capital raised their target price on Alphabet from $435.00 to $440.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. Morgan Stanley reduced their target price on shares of Alphabet from $415.00 to $400.00 and set an “overweight” rating on the stock in a research note on Thursday, July 23rd. UBS Group restated a “neutral” rating and issued a $379.00 price target (down from $400.00) on shares of Alphabet in a research report on Thursday, July 23rd. Barclays reaffirmed an “overweight” rating and set a $425.00 price objective (up from $405.00) on shares of Alphabet in a report on Thursday, July 23rd. Finally, TD Cowen reaffirmed a “buy” rating and set a $475.00 price target on shares of Alphabet in a report on Thursday, July 23rd. Six research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Alphabet presently has an average rating of “Buy” and a consensus price target of $415.55.

Insider Activity

In other news, insider John Kent Walker sold 8,998 shares of the business’s stock in a transaction dated 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 directly owned 75,290 shares of the company’s stock, valued at $26,298,044.10. The trade was a 10.68% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the business’s stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $19.46, for a total value of $3,832,277.26. The disclosure for this sale is available in the SEC filing. Insiders have sold 451,945 shares of company stock worth $12,382,714 in the last three months. Corporate 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.