Alphabet Inc. (NASDAQ:GOOG – Get Free Report) Director Frances Arnold sold 112 shares of the company’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $302.99, for a total value of $33,934.88. Following the completion of the transaction, the director directly owned 18,418 shares of the company’s stock, valued at approximately $5,580,469.82. The trade was a 0.60% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Frances Arnold also recently made the following trade(s):
- On Thursday, January 29th, Frances Arnold sold 102 shares of Alphabet stock. The shares were sold at an average price of $340.00, for a total value of $34,680.00.
- On Wednesday, December 31st, Frances Arnold sold 102 shares of Alphabet stock. The stock was sold at an average price of $313.45, for a total transaction of $31,971.90.
Alphabet Stock Down 1.3%
Alphabet stock traded down $4.03 during midday trading on Thursday, reaching $299.42. The stock had a trading volume of 11,332,358 shares, compared to its average volume of 22,811,004. 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 $142.66 and a 12 month high of $350.15. The company has a fifty day moving average price of $320.90 and a two-hundred day moving average price of $285.47. The company has a market capitalization of $3.62 trillion, a P/E ratio of 27.70, a PEG ratio of 1.78 and a beta of 1.10.
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 issued a dividend of $0.21 per share. The ex-dividend date of this dividend is Monday, March 9th. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. Alphabet’s dividend payout ratio is 7.77%.
Institutional Trading of Alphabet
Institutional investors have recently bought and sold shares of the stock. Ring Mountain Capital LLC increased its position in Alphabet by 0.9% in the 4th quarter. Ring Mountain Capital LLC now owns 3,554 shares of the information services provider’s stock valued at $1,174,000 after buying an additional 30 shares in the last quarter. Cannon Financial Strategists Inc. increased its holdings in shares of Alphabet by 1.9% during the fourth quarter. Cannon Financial Strategists Inc. now owns 1,589 shares of the information services provider’s stock valued at $499,000 after acquiring an additional 30 shares in the last quarter. HRC Wealth Management LLC increased its holdings in shares of Alphabet by 1.0% during the fourth quarter. HRC Wealth Management LLC now owns 3,231 shares of the information services provider’s stock valued at $1,014,000 after acquiring an additional 31 shares in the last quarter. Certior Financial Group LLC raised its position in shares of Alphabet by 3.5% during the fourth quarter. Certior Financial Group LLC now owns 919 shares of the information services provider’s stock worth $288,000 after purchasing an additional 31 shares during the period. Finally, Synergy Investment Management LLC lifted its holdings in shares of Alphabet by 0.8% in the 4th quarter. Synergy Investment Management LLC now owns 4,124 shares of the information services provider’s stock worth $1,294,000 after purchasing an additional 31 shares in the last quarter. 27.26% of the stock is currently owned by institutional investors.
Trending Headlines about Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Large enterprise/cloud wins and product momentum — Google is expanding AI product offerings (new Gemini 3.1 variants) and landing major partners that should drive Google Cloud revenue and TPU demand. Article Title
- Positive Sentiment: Meta leases Google TPUs — Meta signed a multibillion‑dollar arrangement to lease Google AI chips for model training, signaling meaningful cloud/infrastructure demand. Article Title
- Positive Sentiment: Strategic Apple tie‑up reported — Coverage says Apple will use Google’s Gemini models/cloud for Siri, which would further embed Google as a core AI infrastructure provider. Article Title
- Positive Sentiment: New commercial partnership with CVS — Google Cloud will power an AI‑enabled health platform for CVS, another enterprise contract that supports cloud revenue growth. Article Title
- Positive Sentiment: Analyst support — Bank of America reiterated a Buy and $370 price target, which helps anchor bullish investor expectations. Article Title
- Neutral Sentiment: Regulatory/legal overhang partly resolved — Fortnite will return to Google Play worldwide, removing distribution uncertainty even as settlement terms change economics. Article Title
- Neutral Sentiment: Competition/benchmarks — OpenAI and others are releasing competing models; this increases product‑cycle pressure but is expected in the AI arms race. Article Title
- Neutral Sentiment: Insider selling noted — Alphabet’s CAO disclosed a small sale (955 shares); routine insider sales are being watched but are not large enough alone to signal strategy changes. Article Title
- Negative Sentiment: Play Store economics cut — Google will reduce Play Store commissions to ~20% as part of the Epic Games settlement, which could lower service revenue and margin assumptions. Article Title
- Negative Sentiment: High‑profile Gemini lawsuit — A wrongful‑death suit alleging Gemini contributed to a user’s suicide raises product liability and regulatory risk for consumer AI. Article Title
- Negative Sentiment: Waymo safety scrutiny — NTSB investigations into Waymo incidents (school‑bus related) add regulatory and reputational risk for the autonomous‑vehicle business. Article Title
- Negative Sentiment: Macro & capex pressure — Geopolitical volatility and reminders of heavy AI capital spending are weighing on near‑term margins and sentiment. Article Title
Analysts Set New Price Targets
Several analysts have weighed in on the company. Raymond James Financial raised Alphabet from an “outperform” rating to a “strong-buy” rating and raised their price target for the company from $315.00 to $400.00 in a report on Thursday, January 22nd. Phillip Securities upgraded Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research report on Friday, November 7th. DA Davidson set a $300.00 price objective on Alphabet in a report on Tuesday, November 25th. DZ Bank raised Alphabet to a “strong-buy” rating in a research report on Monday, February 16th. Finally, Jefferies Financial Group reissued a “buy” rating and set a $365.00 price target on shares of Alphabet in a research report on Monday, January 5th. Nine analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $343.90.
Read Our Latest Analysis on GOOG
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.
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