Key Points
- CAO Amie Thuener O'toole sold 933 shares on Feb. 2 at an average price of $336.55 for a total of $314,001.15, trimming her position by 8.6% to 9,916 shares (≈$3.34M).
- The Feb. 2 sale continues a pattern of recent insider disposals (e.g., Dec. 15: 2,778 shares at $312.30; Dec. 2: 954 shares at $317; Nov. 17: 2,778 shares at $288.26), signaling sustained insider selling.
- Market context: shares were down ~1.2% ahead of Q4 earnings due Feb. 4, with positives like Waymo’s $16B funding and Google Cloud AI deals offset by valuation concerns; Alphabet pays a $0.21 quarterly dividend (≈0.2% yield).
Alphabet Inc. (NASDAQ:GOOG - Get Free Report) CAO Amie Thuener O'toole sold 933 shares of the stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $336.55, for a total value of $314,001.15. Following the completion of the sale, the chief accounting officer owned 9,916 shares in the company, valued at approximately $3,337,229.80. This trade represents a 8.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Amie Thuener O'toole also recently made the following trade(s):
- 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 transaction of $867,569.40.
- On Tuesday, December 2nd, Amie Thuener O'toole sold 954 shares of Alphabet stock. The shares were sold at an average price of $317.00, for a total transaction of $302,418.00.
- On Monday, November 17th, Amie Thuener O'toole sold 2,778 shares of Alphabet stock. The stock was sold at an average price of $288.26, for a total transaction of $800,786.28.
- On Monday, November 17th, Amie Thuener O'toole sold 2,778 shares of Alphabet stock. The stock was sold at an average price of $288.26, for a total transaction of $800,786.28.
Alphabet Trading Down 1.2%
Shares of NASDAQ:GOOG opened at $340.70 on Wednesday. Alphabet Inc. has a 12-month low of $142.66 and a 12-month high of $350.15. The business has a 50 day moving average of $321.78 and a 200-day moving average of $269.04. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.06. The stock has a market cap of $4.11 trillion, a PE ratio of 33.60, a P/E/G ratio of 2.08 and a beta of 1.10.
Alphabet Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 8th were issued a $0.21 dividend. The ex-dividend date of this dividend was Monday, December 8th. This represents a $0.84 dividend on an annualized basis and a yield of 0.2%. Alphabet's payout ratio is currently 8.28%.
Key Alphabet News
Here are the key news stories impacting Alphabet this week:
Wall Street Analysts Forecast Growth
A number of analysts have recently weighed in on GOOG shares. Cantor Fitzgerald reaffirmed a "neutral" rating on shares of Alphabet in a report on Tuesday, January 20th. Sanford C. Bernstein raised their target price on Alphabet from $260.00 to $305.00 and gave the stock an "outperform" rating in a research report on Thursday, October 30th. Phillip Securities upgraded shares of Alphabet from a "moderate buy" rating to a "strong-buy" rating in a research report on Friday, November 7th. Hsbc Global Res upgraded Alphabet to a "strong-buy" rating in a report on Tuesday, October 7th. Finally, Canaccord Genuity Group increased their price objective on shares of Alphabet from $330.00 to $390.00 and gave the stock a "buy" rating in a research report on Wednesday, January 7th. Eight research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Buy" and an average target price of $330.83.
Get Our Latest Research Report on Alphabet
Institutional Investors Weigh In On Alphabet
A number of institutional investors have recently added to or reduced their stakes in GOOG. Vanguard Group Inc. boosted its position in Alphabet by 2.0% in the fourth quarter. Vanguard Group Inc. now owns 421,013,782 shares of the information services provider's stock worth $132,114,125,000 after purchasing an additional 8,128,234 shares during the last quarter. State Street Corp raised its position in Alphabet by 1.3% in the second quarter. State Street Corp now owns 188,914,125 shares of the information services provider's stock worth $33,511,477,000 after acquiring an additional 2,428,266 shares during the period. Geode Capital Management LLC boosted its stake in Alphabet by 0.4% in the second quarter. Geode Capital Management LLC now owns 107,760,033 shares of the information services provider's stock valued at $19,022,926,000 after acquiring an additional 441,177 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Alphabet by 8.6% in the third quarter. JPMorgan Chase & Co. now owns 99,529,742 shares of the information services provider's stock valued at $24,240,469,000 after acquiring an additional 7,904,434 shares during the last quarter. Finally, Alliancebernstein L.P. increased its stake in shares of Alphabet by 5.8% during the 3rd quarter. Alliancebernstein L.P. now owns 40,032,291 shares of the information services provider's stock worth $9,749,864,000 after purchasing an additional 2,209,203 shares during the last quarter. 27.26% of the stock is owned by institutional investors.
Alphabet Company Profile
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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.
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