Alphabet Inc. $GOOG Holdings Raised by Anchor Investment Management LLC

by · The Cerbat Gem

Anchor Investment Management LLC boosted its stake in shares of Alphabet Inc. (NASDAQ:GOOG – Free Report) by 11.9% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 100,052 shares of the information services provider’s stock after purchasing an additional 10,617 shares during the period. Alphabet makes up approximately 2.6% of Anchor Investment Management LLC’s portfolio, making the stock its 4th biggest holding. Anchor Investment Management LLC’s holdings in Alphabet were worth $35,351,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Castlekeep Investment Advisors LLC acquired a new stake in shares of Alphabet in the second quarter valued at about $29,000. Lifetime Wealth Management P.C. acquired a new position in shares of Alphabet during the 4th quarter worth about $38,000. Bard Associates Inc. acquired a new position in shares of Alphabet during the 4th quarter worth about $41,000. Timbuktu Capital Management LLC purchased a new position in Alphabet in the 2nd quarter valued at about $46,000. Finally, Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new stake in Alphabet in the 4th quarter worth about $63,000. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Insider Buying and Selling

In other Alphabet news, Director Frances Arnold sold 112 shares of the company’s stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $351.28, for a total value of $39,343.36. Following the completion of the sale, the director directly owned 18,833 shares in the company, valued at $6,615,656.24. This represents a 0.59% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Marsida Saraci sold 449 shares of the firm’s stock in a transaction 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. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 450,875 shares of company stock worth $11,984,482. 12.99% of the stock is currently owned by corporate insiders.

Alphabet Price Performance

GOOG stock traded down $4.28 during mid-day trading on Tuesday, reaching $341.43. The company’s stock had a trading volume of 13,330,766 shares, compared to its average volume of 20,716,189. The stock has a market cap of $4.18 trillion, a PE ratio of 17.15, a P/E/G ratio of 0.97 and a beta of 1.21. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a fifty-two week low of $236.68 and a fifty-two week high of $404.47. The company’s 50 day moving average is $344.38 and its two-hundred day moving average is $342.10.

Alphabet (NASDAQ:GOOG – Get Free Report) last released its earnings results on Thursday, July 23rd. The information services provider reported $9.11 earnings per share for the quarter, topping analysts’ consensus estimates of $2.87 by $6.24. The business had revenue of $119.80 billion for the quarter, compared to analyst estimates of $116.53 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The business’s revenue was up 24.2% on a year-over-year basis. During the same period last year, the company posted $2.31 EPS. Equities research analysts expect that Alphabet Inc. will post 20.52 EPS for the current year.

Alphabet Announces Dividend

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

Analysts Set New Price Targets

Several equities research analysts have commented on the company. Royal Bank Of Canada reiterated a “buy” rating and set a $475.00 price objective on shares of Alphabet in a research note on Thursday, July 23rd. Phillip Securities raised Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research note on Monday, July 27th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $420.00 price target (down from $435.00) on shares of Alphabet in a research note on Thursday, July 23rd. Canaccord Genuity Group set a $450.00 price target on Alphabet in a research report on Thursday, July 23rd. Finally, Citigroup reissued a “market outperform” rating on shares of Alphabet in a research note on Friday, August 14th. Six analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $415.55.

Read Our Latest Stock Analysis on Alphabet

More Alphabet News

Here are the key news stories impacting Alphabet this week:

  • Positive Sentiment: Waymo expansion adds a new growth avenue. Alphabet’s autonomous-driving unit launched public robotaxi rides in Las Vegas and announced plans with Japanese partners to target a fully autonomous commercial taxi service in Tokyo in 2027. The developments support the long-term monetization potential of Alphabet’s “Other Bets” portfolio. Waymo, Japanese partners target driverless taxi service in Tokyo in 2027
  • Positive Sentiment: Cloud demand and AI infrastructure remain key bullish arguments. Analysts and market commentators highlighted Alphabet’s roughly $500 billion cloud backlog, rapid cloud growth and major AI infrastructure investments. These trends could support sustained revenue growth, although they also require substantial capital spending. Alphabet Has 50% Upside and the Cheapest Multiple of the Big Six
  • Neutral Sentiment: Alphabet is discussing AI safety cooperation with OpenAI and Anthropic. The companies are considering common approaches and standards for managing catastrophic AI risks. Collaboration could reduce regulatory uncertainty, but the broader safety debate may also lead to slower model development or tighter oversight. OpenAI, Google, Anthropic discussing collaboration on AI safety issues
  • Negative Sentiment: Potential AI regulation is weighing on sentiment. Proposed legislation could give U.S. regulators authority to block or restrict frontier AI models, creating risks for Alphabet’s AI product roadmap and the value of its cloud backlog. Citi also warned that AI safety concerns could slow industry development. Senate’s Proposed AI Kill Switch Could Give Washington Veto Power Over Google’s Frontier Models
  • Negative Sentiment: Macro pressure and search-economics concerns are limiting upside. Higher Treasury yields, rising crude prices and expectations for another Federal Reserve rate increase pressured technology valuations. Separately, stable Google traffic has not eliminated concerns that AI challengers could weaken search monetization and advertising economics. Why is Alphabet stock falling today?

Alphabet Company Profile

(Free Report)

Alphabet Inc is a technology holding company best known as the parent company of Google. It was established in 2015 as part of a corporate restructuring intended to separate Google’s core internet businesses from a collection of other ventures. Google remains Alphabet’s largest business and serves users, advertisers, businesses and developers worldwide.

Google’s principal products and services include its internet search engine, online advertising platforms, YouTube, Android, Chrome, Google Maps, Google Play and Google Photos.

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