Frances Arnold Sells 112 Shares of Alphabet (NASDAQ:GOOG) Stock

Alphabet Inc. (NASDAQ:GOOG) Director Frances Arnold sold 112 shares of Alphabet stock in a transaction on Tuesday, June 30th. The shares were sold at an average price of $351.28, for a total transaction of $39,343.36. Following the completion of the sale, the director owned 18,833 shares of the company’s stock, valued at $6,615,656.24. This represents a 0.59% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Frances Arnold also recently made the following trade(s):

• On Friday, May 29th, Frances Arnold sold 102 shares of Alphabet stock. The stock was sold at an average price of $381.00, for a total transaction of $38,862.00.
• On Thursday, April 30th, Frances Arnold sold 102 shares of Alphabet stock. The shares were sold at an average price of $371.00, for a total transaction of $37,842.00.

Alphabet Stock Up 0.6%

Shares of GOOG stock traded up $2.05 on Tuesday, reaching $353.33. 21,076,944 shares of the company were exchanged, compared to its average volume of 21,920,111. The company has a market cap of $4.28 trillion, a price-to-earnings ratio of 26.95, a PEG ratio of 1.43 and a beta of 1.23. The company has a 50-day moving average of $366.70 and a 200-day moving average of $332.30. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.92 and a quick ratio of 1.92. Alphabet Inc. has a one year low of $173.88 and a one year high of $404.47.

Alphabet (NASDAQ:GOOG) last issued its earnings results on Thursday, April 30th. The information services provider reported $5.11 EPS for the quarter, beating analysts’ consensus estimates of $2.68 by $2.43. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The business had revenue of $109.90 billion during the quarter, compared to analyst estimates of $106.96 billion. During the same period in the previous year, the company posted $2.81 EPS. The firm’s revenue was up 21.8% compared to the same quarter last year. Analysts anticipate that Alphabet Inc. will post 14.3 earnings per share for the current year.

Alphabet Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 8th were given a dividend of $0.22 per share. The ex-dividend date of this dividend was Monday, June 8th. This is a positive change from Alphabet’s previous quarterly dividend of $0.21. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.2%. Alphabet’s payout ratio is currently 6.71%.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet officially joined the Dow Jones Industrial Average, a move that is lifting the stock and signaling broader recognition of its scale and importance in AI and cloud. Alphabet debuts in Dow Jones Industrial Average as index tilts toward tech
• Positive Sentiment: Google launched Nano Banana 2 Lite, a faster and cheaper in-house image and video AI model, which could strengthen Alphabet’s AI product momentum and support growth in cloud and developer tools. Google introduces a faster, cheaper image generator with Nano Banana 2 Lite
• Positive Sentiment: FactSet announced a strategic partnership with Google Cloud to build AI-powered financial intelligence tools, another sign that enterprise demand for Alphabet’s cloud and agentic AI offerings remains strong. FactSet Announces Strategic Partnership with Google Cloud to Bring Advanced AI to Financial Intelligence
• Positive Sentiment: Several analysts remain bullish, and recent earnings estimate increases plus higher price targets suggest Wall Street still sees upside in Alphabet’s long-term growth story. Is Alphabet (GOOG) a Solid Growth Stock? 3 Reasons to Think “Yes”
• Neutral Sentiment: News that Visa and Google will work with OpenUSD and that Google Cloud is expanding financial and public-sector AI partnerships reinforces Alphabet’s ecosystem strength, but these are longer-term rather than immediate stock drivers. Visa and Google Sign On to Use Money Movement Stablecoin OpenUSD
• Negative Sentiment: Investors are still weighing concerns that Alphabet’s aggressive AI spending and massive compute buildout could pressure margins before the payoff becomes fully visible. Alphabet Could Add 9 GW of Compute Capacity in 2028, Morgan Stanley Says
• Negative Sentiment: UK regulators are considering changes to Apple and Google app store rules that could reduce control over in-app payments and potentially pressure Alphabet’s services economics. UK targets Apple, Google app store fees for developers

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Alphabet in a research report on Monday, April 20th. The Goldman Sachs Group reiterated a “buy” rating and set a $450.00 price objective on shares of Alphabet in a report on Thursday, May 21st. Pivotal Research reissued a “buy” rating and set a $470.00 target price (up from $420.00) on shares of Alphabet in a research report on Wednesday, April 29th. Freedom Capital lowered shares of Alphabet from a “strong-buy” rating to a “hold” rating in a report on Monday, May 4th. Finally, JPMorgan Chase & Co. raised their price target on shares of Alphabet from $395.00 to $460.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $376.78.

Hedge Funds Weigh In On Alphabet

Large investors have recently bought and sold shares of the stock. Auto Owners Insurance Co raised its holdings in shares of Alphabet by 38,409.2% in the fourth quarter. Auto Owners Insurance Co now owns 179,836,276 shares of the information services provider’s stock valued at $5,643,262,000 after purchasing an additional 179,369,280 shares during the last quarter. J. Stern & Co. LLP boosted its holdings in Alphabet by 28,482.8% during the fourth quarter. J. Stern & Co. LLP now owns 112,091,870 shares of the information services provider’s stock worth $35,174,429,000 after purchasing an additional 111,699,704 shares during the last quarter. Norges Bank bought a new stake in Alphabet in the 4th quarter worth about $18,093,665,000. Cardano Risk Management B.V. grew its position in Alphabet by 850.3% in the 4th quarter. Cardano Risk Management B.V. now owns 17,692,600 shares of the information services provider’s stock worth $5,551,938,000 after purchasing an additional 15,830,754 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in Alphabet by 2.0% in the 4th quarter. Vanguard Group Inc. now owns 421,013,782 shares of the information services provider’s stock valued at $132,114,125,000 after buying an additional 8,128,234 shares during the last quarter. 27.26% of the stock is currently owned by institutional investors.

About Alphabet

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.