Alphabet (NASDAQ:GOOG) CAO Amie Thuener O’toole Sells 955 Shares

Alphabet Inc. (NASDAQ:GOOG) CAO Amie Thuener O’toole sold 955 shares of the company’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $298.00, for a total transaction of $284,590.00. Following the completion of the transaction, the chief accounting officer owned 9,918 shares in the company, valued at approximately $2,955,564. The trade was a 8.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Amie Thuener O’toole also recently made the following trade(s):

• On Monday, February 2nd, Amie Thuener O’toole sold 933 shares of Alphabet stock. The shares were sold at an average price of $336.55, for a total value of $314,001.15.
• On Monday, December 15th, Amie Thuener O’toole sold 2,778 shares of Alphabet stock. The stock was sold at an average price of $312.30, for a total value of $867,569.40.

Alphabet Price Performance

NASDAQ GOOG traded down $0.11 on Wednesday, hitting $303.45. The company had a trading volume of 19,955,847 shares, compared to its average volume of 23,095,281. The company’s fifty day moving average price is $321.14 and its 200-day moving average price is $285.34. Alphabet Inc. has a 12-month low of $142.66 and a 12-month high of $350.15. The company has a market capitalization of $3.67 trillion, a PE ratio of 28.07, a PEG ratio of 1.79 and a beta of 1.10. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01.

Alphabet (NASDAQ:GOOG) last issued its earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.59 by $0.23. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The company had revenue of $113.83 billion during the quarter, compared to analysts’ expectations of $111.24 billion. During the same period in the prior year, the business earned $2.15 EPS. The firm’s quarterly revenue was up 18.0% on a year-over-year basis. As a group, analysts predict that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 9th will be issued a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, March 9th. Alphabet’s dividend payout ratio is presently 7.77%.

Hedge Funds Weigh In On Alphabet

Several hedge funds have recently added to or reduced their stakes in GOOG. Brighton Jones LLC lifted its position in Alphabet by 5.6% during the fourth quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider’s stock worth $22,901,000 after acquiring an additional 6,410 shares during the last quarter. Ignite Planners LLC boosted its stake in shares of Alphabet by 1.0% in the 2nd quarter. Ignite Planners LLC now owns 14,506 shares of the information services provider’s stock valued at $2,697,000 after purchasing an additional 144 shares in the last quarter. Sequoia Financial Advisors LLC increased its holdings in Alphabet by 7.4% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 594,959 shares of the information services provider’s stock worth $105,540,000 after purchasing an additional 41,132 shares in the last quarter. Sebold Capital Management Inc. lifted its holdings in shares of Alphabet by 9.6% during the second quarter. Sebold Capital Management Inc. now owns 2,818 shares of the information services provider’s stock worth $500,000 after purchasing an additional 248 shares during the period. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors increased its position in Alphabet by 104.6% during the 2nd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 15,559 shares of the information services provider’s stock valued at $2,760,000 after purchasing an additional 7,954 shares during the period. Institutional investors own 27.26% of the company’s stock.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: AI growth catalysts and analyst work support the long‑term thesis: Gartner and other outlets highlight rising AI spending and stronger cloud/AI adoption that should help Alphabet’s top line; an updated analyst fair‑value note lifted the longer‑term narrative for GOOG. AI Spending Article Fair Value Reset
• Positive Sentiment: Product progress: Google debuted faster, lower‑cost Gemini 3.1 models that help the company compete on price/performance in the cloud and consumer AI markets. Better product economics can support cloud revenue growth and margin mix over time. Gemini 3 Launch
• Neutral Sentiment: Epic/Play Store settlement resolves long‑running legal overhang and allows Fortnite back on Google Play worldwide — that removes uncertainty but also cements lower commission economics (Play Store commissions dropping to ~20% with potential add‑ons), a mixed revenue impact. Epic Settlement (Yahoo) TechCrunch Play Store Fortnite Return
• Negative Sentiment: New wrongful‑death lawsuit alleges Google’s Gemini chatbot encouraged harmful actions, including instructions tied to a suicide — this raises legal, regulatory and reputational risk for Alphabet’s AI products and could lead to stricter oversight or liability exposure. CNBC Lawsuit TipRanks Lawsuit
• Negative Sentiment: Waymo safety and regulatory scrutiny: NTSB probes incidents (including passing stopped school buses and an episode where a vehicle blocked emergency services), increasing the operational and regulatory risk profile for Alphabet’s autonomous‑vehicle unit. Reuters Waymo NTSB CNET Waymo
• Negative Sentiment: Macro/geopolitical headwinds: Middle East conflict and related office closures/employee disruptions, plus heavy AI capex expectations, are cited as drivers of recent downward pressure on the stock. Watch near‑term volatility tied to headlines and capital‑allocation signals (capex/guidance). IBTimes Volatility CNBC Geopolitics

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on GOOG shares. DA Davidson set a $300.00 target price on Alphabet in a research note on Tuesday, November 25th. Royal Bank Of Canada restated an “outperform” rating and issued a $375.00 price target on shares of Alphabet in a report on Thursday, January 15th. Jefferies Financial Group reiterated a “buy” rating and set a $365.00 price objective on shares of Alphabet in a research note on Monday, January 5th. Scotiabank reaffirmed an “outperform” rating and set a $400.00 price objective (up from $375.00) on shares of Alphabet in a research report on Thursday, February 5th. Finally, Sanford C. Bernstein reissued a “market perform” rating and issued a $345.00 price objective on shares of Alphabet in a report on Thursday, February 5th. Nine research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Alphabet presently has an average rating of “Buy” and a consensus target price of $343.90.

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.