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

Alphabet Inc. (NASDAQ:GOOGL) CAO Amie Thuener O’toole sold 955 shares of the firm’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $298.00, for a total value of $284,590.00. Following the completion of the transaction, the chief accounting officer directly owned 9,918 shares of the company’s stock, valued at $2,955,564. The trade was a 8.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

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 stock was 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 shares were sold at an average price of $312.30, for a total value of $867,569.40.

Alphabet Price Performance

Shares of GOOGL stock traded down $2.75 during mid-day trading on Thursday, reaching $300.38. The stock had a trading volume of 8,250,588 shares, compared to its average volume of 35,703,602. The company has a market cap of $3.63 trillion, a P/E ratio of 27.79, a price-to-earnings-growth ratio of 1.78 and a beta of 1.10. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. Alphabet Inc. has a 12-month low of $140.53 and a 12-month high of $349.00. The business has a 50-day simple moving average of $320.49 and a 200 day simple moving average of $284.90.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, beating analysts’ consensus estimates of $2.57 by $0.25. The firm had revenue of $113.83 billion for the quarter, compared to analysts’ expectations of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. On average, sell-side analysts anticipate that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 9th will be given a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Monday, March 9th. Alphabet’s payout ratio is currently 7.77%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. BMO Capital Markets reissued an “outperform” rating and set a $400.00 price target on shares of Alphabet in a research report on Thursday, February 5th. Sanford C. Bernstein lifted their price objective on Alphabet from $305.00 to $335.00 and gave the stock a “market perform” rating in a research report on Monday, February 2nd. New Street Research upped their target price on shares of Alphabet from $330.00 to $380.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $370.00 price target on shares of Alphabet in a research note on Thursday, February 5th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Alphabet in a report on Wednesday, January 21st. Three research analysts have rated the stock with a Strong Buy rating, forty-three have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $366.57.

Institutional Trading of Alphabet

Institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in Alphabet by 2.4% during the 4th quarter. Vanguard Group Inc. now owns 528,969,322 shares of the information services provider’s stock valued at $165,567,398,000 after purchasing an additional 12,531,695 shares during the period. State Street Corp lifted its holdings in shares of Alphabet by 1.8% during the second quarter. State Street Corp now owns 229,954,269 shares of the information services provider’s stock worth $40,524,841,000 after buying an additional 4,008,374 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Alphabet by 1.9% in the fourth quarter. Geode Capital Management LLC now owns 146,193,037 shares of the information services provider’s stock valued at $45,625,595,000 after acquiring an additional 2,666,676 shares during the period. Norges Bank acquired a new stake in shares of Alphabet in the second quarter worth $21,944,208,000. Finally, Bank of America Corp DE increased its position in Alphabet by 4.9% during the fourth quarter. Bank of America Corp DE now owns 69,108,183 shares of the information services provider’s stock worth $21,630,861,000 after acquiring an additional 3,218,852 shares during the period. 40.03% of the stock is currently owned by institutional investors and hedge funds.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Strong AI/cloud thesis: analysts and industry reports highlight rising AI spending and Google Cloud’s revenue growth as key long‑term drivers for Alphabet, supporting the stock’s growth narrative. Gartner Says AI Spending Will Hit $2.5 Trillion
• Positive Sentiment: Fortnite/Play Store distribution restored: Epic’s Fortnite will return to Google Play worldwide, removing a distribution hurdle and normalizing app availability and engagement. Fortnite to return to Google Play worldwide
• Positive Sentiment: Strategic energy partnership: Google is part of an ESS Tech pilot (Project New Horizon) testing utility‑scale energy storage — a positive for Google’s infrastructure resilience and sustainability efforts. ESS Tech enters Project New Horizon
• Neutral Sentiment: Insider transactions: a director sold a small stake (~112 shares) and the CAO sold 955 shares; filings are routine but noted by the market. SEC filing — insider sales
• Neutral Sentiment: Coverage & visibility: multiple outlets (Zacks, MarketBeat) spotlight Alphabet as a top growth/AI stock — supportive for investor interest but not immediate price catalyst. Zacks commentary
• Negative Sentiment: Play Store settlement lowers take rate: Alphabet agreed to drop Play Store commissions to 20% (with an extra 5% if developers use Google billing) — a potential near‑term revenue headwind despite resolving litigation. Google settles with Epic Games
• Negative Sentiment: Gemini legal risk and reputational damage: a wrongful‑death lawsuit alleges harmful instructions from Google’s Gemini chatbot — a serious legal and PR overhang for Alphabet’s AI business. Gemini wrongful-death suit
• Negative Sentiment: Waymo safety probes: multiple NTSB and local investigations into Waymo vehicles passing stopped school buses and other incidents raise regulatory and deployment risks for the autonomous‑driving unit. NTSB Waymo incidents
• Negative Sentiment: Macro/geopolitical pressure: U.S.–Iran tensions and resulting tech pullback (office closures, regional disruptions) are weighing on large-cap tech sentiment broadly, including Alphabet. Tech offices respond to U.S.-Iran war

Alphabet Company Profile

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.