7,300 Alphabet Inc. $GOOG Shares Bought by Mn Services Vermogensbeheer B.V.

Mn Services Vermogensbeheer B.V. grew its holdings in Alphabet Inc. (NASDAQ:GOOG) by 1.2% during the third quarter, Holdings Channel.com reports. The firm owned 607,377 shares of the information services provider’s stock after acquiring an additional 7,300 shares during the quarter. Alphabet accounts for about 1.5% of Mn Services Vermogensbeheer B.V.’s portfolio, making the stock its 13th biggest position. Mn Services Vermogensbeheer B.V.’s holdings in Alphabet were worth $206,958,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Diversified Management Inc. lifted its position in shares of Alphabet by 49.7% in the third quarter. Diversified Management Inc. now owns 2,236 shares of the information services provider’s stock worth $762,000 after purchasing an additional 742 shares in the last quarter. Acropolis Investment Management LLC grew its position in Alphabet by 4.8% in the third quarter. Acropolis Investment Management LLC now owns 6,018 shares of the information services provider’s stock valued at $2,050,000 after purchasing an additional 274 shares in the last quarter. First Heartland Consultants Inc. increased its stake in Alphabet by 0.4% in the 3rd quarter. First Heartland Consultants Inc. now owns 10,831 shares of the information services provider’s stock valued at $3,691,000 after buying an additional 47 shares during the last quarter. GAMMA Investing LLC increased its stake in Alphabet by 8.8% in the 3rd quarter. GAMMA Investing LLC now owns 147,309 shares of the information services provider’s stock valued at $50,194,000 after buying an additional 11,968 shares during the last quarter. Finally, Galvin Gaustad & Stein LLC lifted its position in Alphabet by 0.7% during the 3rd quarter. Galvin Gaustad & Stein LLC now owns 57,013 shares of the information services provider’s stock worth $19,427,000 after buying an additional 375 shares in the last quarter. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Alphabet

In other news, CAO Marsida Saraci sold 449 shares of the firm’s stock in a transaction that occurred on 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 of the company’s stock, valued at $9,125,015.20. This trade represents a 1.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of Alphabet stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $18.90, for a total value of $2,232,808.20. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 441,399 shares of company stock worth $8,677,053 over the last 90 days. Company insiders own 12.99% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on GOOG shares. HSBC set a $515.00 price objective on shares of Alphabet in a research note on Friday, August 14th. TD Cowen reiterated a “buy” rating and set a $485.00 target price (up from $475.00) on shares of Alphabet in a report on Thursday. BMO Capital Markets upped their target price on Alphabet from $455.00 to $465.00 and gave the stock an “outperform” rating in a report on Thursday, July 23rd. Morgan Stanley reduced their price target on Alphabet from $415.00 to $400.00 and set an “overweight” rating for the company in a research report on Thursday, July 23rd. Finally, Stifel Nicolaus set a $485.00 price target on Alphabet in a research note on Thursday. Six analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $421.95.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Gemini agent launch strengthens Alphabet’s enterprise AI position. Google introduced an agentic Gemini assistant that can complete tasks across workplace applications, increasing its competitive challenge to Microsoft and OpenAI and potentially supporting Google Cloud and Workspace growth. Google brings agentic AI to Gemini
• Positive Sentiment: AI infrastructure and adjacent businesses continue to expand. Alphabet-backed Waymo secured $5 billion in debt financing to accelerate robotaxi expansion, while Isomorphic Labs is reportedly seeking funding at a valuation of $40 billion to $50 billion. These developments highlight potential value in Alphabet’s nonadvertising businesses. Waymo $5 billion loan
• Positive Sentiment: Long-term power deals support data-center expansion. Alphabet is financing a $1.8 billion Black Hills project in Wyoming and has agreed to a long-term nuclear power arrangement with Constellation Energy. Securing dedicated electricity could reduce a major bottleneck for AI and cloud capacity. Alphabet Black Hills power deal
• Positive Sentiment: Analyst sentiment remains broadly favorable. Reports point to Alphabet’s comparatively modest valuation, accelerating revenue growth, and expectations that the stock can recover toward prior highs. Its Google-Unity AI gaming partnership also creates a potential new creator and platform ecosystem. Alphabet analyst sentiment

Alphabet Stock Down 0.7%

Alphabet stock opened at $344.86 on Friday. The firm has a market capitalization of $4.22 trillion, a PE ratio of 17.32, a P/E/G ratio of 1.01 and a beta of 1.19. The company’s 50-day moving average is $343.14 and its 200-day moving average is $346.75. Alphabet Inc. has a fifty-two week low of $236.68 and a fifty-two week high of $404.47. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64.

Alphabet (NASDAQ:GOOG) last issued its earnings results on Thursday, July 23rd. The information services provider reported $9.11 earnings per share (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 business had revenue of $119.80 billion during the quarter, compared to the consensus estimate of $116.53 billion. During the same period last year, the business posted $2.31 EPS. Alphabet’s revenue was up 24.2% on a year-over-year basis. Sell-side analysts anticipate that Alphabet Inc. will post 20.55 earnings per share for the current year.

Alphabet Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 14th. Shareholders of record on Monday, September 7th were paid a $0.22 dividend. The ex-dividend date was Friday, September 4th. This represents a $0.88 annualized dividend and a yield of 0.3%. Alphabet’s dividend payout ratio is currently 4.42%.

Alphabet Company Profile

Alphabet Inc is a technology holding company best known as the parent company of Google. Established in 2015 through a corporate restructuring, Alphabet oversees Google and a collection of businesses focused on technology, innovation and emerging industries. Sundar Pichai serves as Alphabet’s chief executive officer and also leads Google.

Google is Alphabet’s primary business and operates an internet ecosystem that includes Google Search, online advertising, YouTube, Android, Chrome, Google Maps, Google Play and Google Photos.