Alphabet Inc. (NASDAQ:GOOGL) Shares Sold by Prakash Investment Advisors LLC

July 5, 2025

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Prakash Investment Advisors LLC lessened its stake in shares of Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 5.4% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 8,810 shares of the information services provider’s stock after selling 500 shares during the period. Alphabet accounts for approximately 1.5% of Prakash Investment Advisors LLC’s investment portfolio, making the stock its 13th biggest position. Prakash Investment Advisors LLC’s holdings in Alphabet were worth $1,362,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. FMR LLC raised its position in shares of Alphabet by 9.8% during the 4th quarter. FMR LLC now owns 248,416,916 shares of the information services provider’s stock worth $47,025,322,000 after purchasing an additional 22,100,902 shares during the last quarter. Norges Bank acquired a new position in shares of Alphabet during the 4th quarter worth about $24,383,677,000. Price T Rowe Associates Inc. MD raised its position in shares of Alphabet by 8.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 98,638,127 shares of the information services provider’s stock worth $18,672,198,000 after purchasing an additional 7,574,417 shares during the last quarter. Capital Research Global Investors grew its stake in Alphabet by 16.2% during the 4th quarter. Capital Research Global Investors now owns 72,033,086 shares of the information services provider’s stock valued at $13,635,878,000 after acquiring an additional 10,037,685 shares in the last quarter. Finally, Northern Trust Corp grew its stake in Alphabet by 17.0% during the 4th quarter. Northern Trust Corp now owns 69,616,854 shares of the information services provider’s stock valued at $13,178,470,000 after acquiring an additional 10,135,430 shares in the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.

Insider Activity at Alphabet

In other Alphabet news, Director Kavitark Ram Shriram sold 10,500 shares of the firm’s stock in a transaction on Thursday, May 22nd. The shares were sold at an average price of $175.00, for a total transaction of $1,837,500.00. Following the transaction, the director directly owned 261,966 shares of the company’s stock, valued at approximately $45,844,050. This trade represents a 3.85% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director John L. Hennessy sold 600 shares of the firm’s stock in a transaction on Thursday, May 22nd. The stock was sold at an average price of $175.00, for a total transaction of $105,000.00. Following the transaction, the director directly owned 6,813 shares in the company, valued at $1,192,275. The trade was a 8.09% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 215,643 shares of company stock valued at $36,330,928 in the last ninety days. Insiders own 11.64% of the company’s stock.

Alphabet Trading Up 0.2%

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NASDAQ GOOGL opened at $179.08 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.77 and a quick ratio of 1.77. The firm’s fifty day moving average price is $168.70 and its 200 day moving average price is $173.97. The company has a market capitalization of $2.17 trillion, a price-to-earnings ratio of 19.96, a price-to-earnings-growth ratio of 1.26 and a beta of 1.00. Alphabet Inc. has a 12 month low of $140.53 and a 12 month high of $207.05.

Alphabet (NASDAQ:GOOGL – Get Free Report) last posted its earnings results on Thursday, April 24th. The information services provider reported $2.81 EPS for the quarter, beating analysts’ consensus estimates of $2.02 by $0.79. The firm had revenue of $76.49 billion for the quarter, compared to the consensus estimate of $89.30 billion. Alphabet had a net margin of 30.86% and a return on equity of 34.54%. During the same period last year, the firm posted $1.89 EPS. On average, sell-side analysts expect that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 16th. Investors of record on Monday, June 9th were given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.47%. This is an increase from Alphabet’s previous quarterly dividend of $0.20. The ex-dividend date of this dividend was Monday, June 9th. Alphabet’s dividend payout ratio (DPR) is 9.36%.

Analyst Ratings Changes

GOOGL has been the subject of several research reports. Roth Mkm reaffirmed a “buy” rating and set a $220.00 price objective on shares of Alphabet in a research note on Wednesday, March 19th. Wells Fargo & Company upped their price objective on shares of Alphabet from $167.00 to $175.00 and gave the company an “equal weight” rating in a research note on Friday, April 25th. Susquehanna dropped their price objective on shares of Alphabet from $225.00 to $220.00 and set a “positive” rating for the company in a research note on Friday, April 25th. Wedbush set a $190.00 price objective on shares of Alphabet and gave the company an “outperform” rating in a research note on Tuesday, April 15th. Finally, BNP Paribas Exane reaffirmed a “neutral” rating and set a $172.00 price objective on shares of Alphabet in a research note on Friday, June 27th. Ten research analysts have rated the stock with a hold rating, twenty-eight have assigned a buy rating and four have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $199.95.

Get Our Latest Stock Analysis on GOOGL

About Alphabet

(Free Report)

Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.