McLean Asset Management Corp Purchases 550 Shares of Alphabet Inc. $GOOG

13 Sep 2025, 07:42 by Jessica Moore · The Cerbat Gem

McLean Asset Management Corp increased its position in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 9.8% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 6,171 shares of the information services provider’s stock after buying an additional 550 shares during the period. McLean Asset Management Corp’s holdings in Alphabet were worth $1,109,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. ARQ Wealth Advisors LLC lifted its stake in Alphabet by 39.3% in the 4th quarter. ARQ Wealth Advisors LLC now owns 4,964 shares of the information services provider’s stock worth $945,000 after purchasing an additional 1,400 shares in the last quarter. Independence Bank of Kentucky raised its position in shares of Alphabet by 10.2% during the 1st quarter. Independence Bank of Kentucky now owns 14,907 shares of the information services provider’s stock valued at $2,329,000 after buying an additional 1,376 shares in the last quarter. Fermata Advisors LLC raised its position in Alphabet by 2.7% in the 1st quarter. Fermata Advisors LLC now owns 9,771 shares of the information services provider’s stock worth $1,527,000 after purchasing an additional 259 shares during the period. jvl associates llc raised its position in Alphabet by 3.5% in the 1st quarter. jvl associates llc now owns 10,055 shares of the information services provider’s stock worth $1,571,000 after purchasing an additional 343 shares during the period. Finally, Members Trust Co grew its stake in Alphabet by 84.7% in the 1st quarter. Members Trust Co now owns 4,999 shares of the information services provider’s stock worth $781,000 after acquiring an additional 2,292 shares in the last quarter. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on GOOG shares. KeyCorp set a $265.00 price objective on shares of Alphabet in a research note on Wednesday, September 3rd. Scotiabank increased their price objective on shares of Alphabet from $200.00 to $240.00 and gave the company a “sector outperform” rating in a research note on Tuesday, July 22nd. Roth Capital reiterated a “buy” rating on shares of Alphabet in a research note on Wednesday, July 9th. Lake Street Capital reissued a “buy” rating on shares of Alphabet in a research report on Wednesday, July 9th. Finally, Pivotal Research increased their target price on shares of Alphabet from $245.00 to $300.00 and gave the company a “buy” rating in a research report on Wednesday, September 3rd. Four analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $227.56.

Get Our Latest Stock Report on GOOG

Alphabet Trading Up 0.2%

Shares of Alphabet stock opened at $241.38 on Friday. The stock has a market cap of $2.92 trillion, a PE ratio of 25.71, a price-to-earnings-growth ratio of 1.62 and a beta of 1.01. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.90 and a quick ratio of 1.90. The firm has a fifty day moving average price of $202.67 and a 200 day moving average price of $178.83. Alphabet Inc. has a 1 year low of $142.66 and a 1 year high of $242.57.

Alphabet (NASDAQ:GOOG – Get Free Report) last released its quarterly earnings results on Wednesday, July 23rd. The information services provider reported $2.31 EPS for the quarter, beating the consensus estimate of $2.12 by $0.19. The company had revenue of $96.43 billion for the quarter, compared to analyst estimates of $93.67 billion. Alphabet had a net margin of 31.12% and a return on equity of 34.31%. The firm’s revenue was up 13.8% on a year-over-year basis. During the same quarter last year, the business earned $1.89 earnings per share. Equities research analysts predict that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Monday, September 8th will be given a dividend of $0.21 per share. The ex-dividend date of this dividend is Monday, September 8th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is presently 8.95%.

Insider Buying and Selling at Alphabet

In other Alphabet news, Director Kavitark Ram Shriram sold 15,000 shares of the stock in a transaction that occurred on Friday, July 18th. The shares were sold at an average price of $185.76, for a total transaction of $2,786,400.00. Following the sale, the director directly owned 240,400 shares in the company, valued at $44,656,704. This represents a 5.87% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $229.73, for a total transaction of $7,466,225.00. Following the sale, the chief executive officer owned 2,429,892 shares in the company, valued at approximately $558,219,089.16. This trade represents a 1.32% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 254,710 shares of company stock valued at $49,208,380 in the last quarter. Corporate insiders own 12.99% of the company’s stock.

Alphabet Profile

(Free Report)