Key Points
- Director John Hennessy sold 600 Alphabet shares on Jan. 13 at an average price of $337.52 for $202,512, reducing his holding by 2.75% to 21,224 shares valued at about $7.16 million.
- Company outlook remains strong—Alphabet recently beat earnings and revenue (EPS $2.87 vs $2.29; revenue $102.35B), sports a ~ $4.02 trillion market cap and a consensus "Buy" rating—yet faces AI-related legal/regulatory risk and data‑center capacity constraints.
Alphabet Inc. (NASDAQ:GOOG - Get Free Report) Director John Hennessy sold 600 shares of the stock in a transaction that occurred on Tuesday, January 13th. The shares were sold at an average price of $337.52, for a total transaction of $202,512.00. Following the sale, the director directly owned 21,224 shares in the company, valued at $7,163,524.48. This trade represents a 2.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Alphabet Stock Down 0.9%
NASDAQ:GOOG opened at $333.16 on Friday. The company has a market cap of $4.02 trillion, a price-to-earnings ratio of 32.86, a P/E/G ratio of 1.86 and a beta of 1.09. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.75 and a current ratio of 1.75. The stock's fifty day moving average price is $311.03 and its two-hundred day moving average price is $253.96. Alphabet Inc. has a 52-week low of $142.66 and a 52-week high of $341.20.
Alphabet (NASDAQ:GOOG - Get Free Report) last released its earnings results on Thursday, October 30th. The information services provider reported $2.87 EPS for the quarter, beating the consensus estimate of $2.29 by $0.58. Alphabet had a return on equity of 35.00% and a net margin of 32.23%.The company had revenue of $102.35 billion during the quarter, compared to analysts' expectations of $99.90 billion. During the same period last year, the firm earned $2.12 EPS. The business's revenue for the quarter was up 15.9% on a year-over-year basis. On average, analysts anticipate that Alphabet Inc. will post 8.89 EPS for the current year.
Alphabet Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 8th were issued a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Monday, December 8th. Alphabet's payout ratio is currently 8.28%.
Analyst Ratings Changes
A number of research firms recently weighed in on GOOG. DA Davidson set a $300.00 price target on shares of Alphabet in a research note on Tuesday, November 25th. Bank of America upped their target price on shares of Alphabet from $280.00 to $335.00 and gave the company a "buy" rating in a research report on Thursday, October 30th. Rosenblatt Securities set a $279.00 price target on Alphabet in a research report on Thursday, October 30th. Sanford C. Bernstein lifted their price objective on Alphabet from $260.00 to $305.00 and gave the stock an "outperform" rating in a research note on Thursday, October 30th. Finally, Guggenheim reissued a "buy" rating and issued a $375.00 target price on shares of Alphabet in a research note on Monday, December 1st. Seven research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Alphabet currently has an average rating of "Buy" and a consensus target price of $320.31.
Read Our Latest Stock Analysis on Alphabet
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Bleakley Financial Group LLC boosted its position in Alphabet by 1.4% during the 2nd quarter. Bleakley Financial Group LLC now owns 170,020 shares of the information services provider's stock worth $30,160,000 after acquiring an additional 2,304 shares during the last quarter. CWA Asset Management Group LLC raised its holdings in shares of Alphabet by 2.2% in the third quarter. CWA Asset Management Group LLC now owns 157,143 shares of the information services provider's stock valued at $38,272,000 after purchasing an additional 3,444 shares during the last quarter. American National Bank of Texas bought a new stake in shares of Alphabet in the third quarter worth $900,000. Northwestern Mutual Wealth Management Co. boosted its holdings in Alphabet by 3.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,164,341 shares of the information services provider's stock worth $206,542,000 after purchasing an additional 42,028 shares during the last quarter. Finally, Oldfather Financial Services LLC acquired a new position in Alphabet during the second quarter worth $213,000. 27.26% of the stock is currently owned by institutional investors.
Key Stories Impacting Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Major commercial validation — Apple has agreed to use Google’s Gemini as the foundation for the next generation of Siri, and MarketBeat highlights this as a primary catalyst behind Alphabet surpassing a $4 trillion market cap; analysts estimate meaningful licensing revenue and distribution upside. Alphabet Tops $4 Trillion Valuation as AI Momentum Runs Hot
- Positive Sentiment: Product progress — Google launched a Personal Intelligence feature and continues to integrate Gemini with other Google apps (and partners), moving Gemini toward a personalized assistant that can be monetized across search, cloud and device ecosystems. Google launches Personal Intelligence feature in Gemini app
- Positive Sentiment: Analyst/market momentum — Upgrades, bullish commentary (including high-profile bulls and Jim Cramer praise) and inclusion in “AI favorite” narratives are supporting sentiment and fund flows into GOOGL. Jim Cramer crowns Alphabet’s Gemini 3 a stock market home run
- Neutral Sentiment: Sector tailwinds — Industry forecasts project massive AI spending this year, which benefits hyperscalers like Alphabet but also raises capital/competitive intensity across cloud and GPU suppliers. This is broadly supportive but not uniquely bullish for GOOGL. AI Spending Forecast to Hit $2.53 Trillion This Year
- Negative Sentiment: Legal/regulatory risk — Major publishers have asked to join a class-action suit alleging Google used copyrighted material to train AI models; litigation or unfavorable rulings could increase compliance costs or constrain training data use. Publishers seek to join lawsuit against Google over AI training
- Negative Sentiment: Competition & geopolitical pressure — DeepMind’s CEO says Chinese models may be “months” behind but closing the gap; faster foreign advancements increase competitive pressure on margins and innovation lead. China just 'months' behind U.S. AI models, Google DeepMind CEO says
- Negative Sentiment: Operational headwinds — Google warns U.S. electrical transmission constraints are slowing data-center hookups; longer build timelines could limit near-term capacity expansion for cloud/AI workloads. Google says US transmission system is biggest challenge for connecting data centers
About Alphabet
(
Get Free Report)
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
