Alphabet (NASDAQ:GOOGL) Director Frances Arnold Sells 102 Shares of Stock

Posted by Renee Jackson on Jun 3rd, 2026

Alphabet Inc. (NASDAQ:GOOGL – Get Free Report) Director Frances Arnold sold 102 shares of Alphabet stock in a transaction on Friday, May 29th. The stock was sold at an average price of $381.00, for a total value of $38,862.00. Following the completion of the sale, the director directly owned 18,721 shares of the company’s stock, valued at $7,132,701. The trade was a 0.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

On Thursday, April 30th, Frances Arnold sold 102 shares of Alphabet stock. The stock was sold at an average price of $371.00, for a total value of $37,842.00.

Alphabet Stock Performance

Shares of GOOGL opened at $376.37 on Tuesday. 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 $162.00 and a one year high of $408.61. The firm has a market capitalization of $4.56 trillion, a P/E ratio of 28.71, a PEG ratio of 1.63 and a beta of 1.26. The business has a fifty day moving average of $347.16 and a 200 day moving average of $325.75.

Alphabet (NASDAQ:GOOGL – Get Free Report) last released its earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share for the quarter, beating the consensus estimate of $2.64 by $2.47. The company had revenue of $109.90 billion for the quarter, compared to the consensus estimate of $106.98 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%. As a group, sell-side analysts anticipate that Alphabet Inc. will post 14.29 EPS for the current year.

Alphabet Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 8th will be given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 0.2%. This is a boost from Alphabet’s previous quarterly dividend of $0.21. The ex-dividend date is Monday, June 8th. Alphabet’s dividend payout ratio (DPR) is presently 6.71%.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

Positive Sentiment: Berkshire Hathaway’s $10 billion commitment gives Alphabet a high-profile endorsement and suggests long-term confidence in the company’s AI and cloud strategy. Alphabet plans to raise $80 billion for AI goals, Berkshire to invest $10 billion
Positive Sentiment: Alphabet’s ownership stakes in major private AI companies like SpaceX and Anthropic could provide hidden upside if those firms eventually go public. Alphabet Stock Offers Exposure To SpaceX, Anthropic Before IPOs: What That Means For Investors
Neutral Sentiment: Coverage of Alphabet’s expanding AI coding, hardware, and consumer-device strategy underscores the company’s push to compete more aggressively, but it does not appear to be the immediate stock-moving catalyst today. Microsoft and Google are late to AI coding, but ‘absolutely critical’ they compete for growth
Negative Sentiment: Alphabet’s proposed $80 billion capital raise is raising dilution concerns and signaling much heavier near-term AI capex, which is pressuring the shares. Exclusive: EU cloud rules to curb Amazon, Google access to strategic tenders, draft document shows
Negative Sentiment: Reports that EU cloud rules could restrict Google’s access to strategic government tenders add another regulatory overhang for the company’s cloud business. Alphabet to raise $80 billion in equity capital for AI spending

Institutional Investors Weigh In On Alphabet

A number of hedge funds have recently made changes to their positions in GOOGL. Brighton Jones LLC increased its stake in Alphabet by 3.9% during the fourth quarter. Brighton Jones LLC now owns 110,330 shares of the information services provider’s stock worth $20,886,000 after acquiring an additional 4,110 shares during the last quarter. Revolve Wealth Partners LLC increased its stake in Alphabet by 3.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 14,930 shares of the information services provider’s stock worth $2,826,000 after acquiring an additional 506 shares during the last quarter. Matrix Asset Advisors Inc. NY increased its stake in Alphabet by 17.6% during the second quarter. Matrix Asset Advisors Inc. NY now owns 3,888 shares of the information services provider’s stock worth $685,000 after acquiring an additional 581 shares during the last quarter. Sequoia Financial Advisors LLC increased its stake in Alphabet by 11.2% during the second quarter. Sequoia Financial Advisors LLC now owns 485,486 shares of the information services provider’s stock worth $85,557,000 after acquiring an additional 48,805 shares during the last quarter. Finally, United Bank increased its stake in Alphabet by 6.9% during the second quarter. United Bank now owns 48,204 shares of the information services provider’s stock worth $8,495,000 after acquiring an additional 3,120 shares during the last quarter. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts recently weighed in on GOOGL shares. President Capital lifted their target price on Alphabet from $375.00 to $465.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Royal Bank Of Canada set a $425.00 target price on Alphabet and gave the company an “outperform” rating in a research report on Thursday, April 30th. Cantor Fitzgerald lifted their target price on Alphabet from $395.00 to $465.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Jefferies Financial Group reiterated a “buy” rating on shares of Alphabet in a research report on Wednesday, May 20th. Finally, Tigress Financial set a $415.00 target price on Alphabet and gave the company a “strong-buy” rating in a research report on Thursday, February 19th. Two equities research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, Alphabet presently has a consensus rating of “Moderate Buy” and an average price target of $413.33.

View Our Latest Stock Analysis on GOOGL

About Alphabet

(Get Free Report)

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.