Key Points
- Amie Thuener O'toole sold 955 shares of Alphabet on March 3 at an average price of $298 (total ~$284,590), reducing her ownership by 8.78% to 9,918 shares, according to an SEC filing.
- Alphabet beat expectations with Q results of $2.82 EPS (vs. $2.59 expected) and $113.83B revenue (+18% y/y), and announced a quarterly dividend of $0.21 per share (ex-dividend March 9, payable March 16).
Alphabet Inc. (NASDAQ:GOOG - Get Free Report) CAO Amie Thuener O'toole sold 955 shares of the business's stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $298.00, for a total value of $284,590.00. Following the sale, the chief accounting officer directly owned 9,918 shares in the company, valued at $2,955,564. The trade was a 8.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
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 shares were 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 Trading Down 1.0%
GOOG traded down $3.03 during trading on Thursday, reaching $300.42. The company had a trading volume of 4,834,503 shares, compared to its average volume of 22,638,557. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. The business has a 50 day simple moving average of $320.90 and a 200-day simple moving average of $285.47. The stock has a market cap of $3.63 trillion, a P/E ratio of 27.79, a PEG ratio of 1.78 and a beta of 1.10. Alphabet Inc. has a 52 week low of $142.66 and a 52 week high of $350.15.
Alphabet (NASDAQ:GOOG - Get Free Report) last released its earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.59 by $0.23. The firm had revenue of $113.83 billion during the quarter, compared to analyst estimates of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The business's revenue was up 18.0% on a year-over-year basis. During the same quarter last year, the business earned $2.15 EPS. On average, equities analysts anticipate that Alphabet Inc. will post 8.89 EPS for the current fiscal year.
Alphabet Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 9th will be paid 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 dividend yield of 0.3%. Alphabet's dividend payout ratio is currently 7.77%.
Institutional Investors Weigh In On Alphabet
Several large investors have recently modified their holdings of the business. Brighton Jones LLC boosted its position in Alphabet by 5.6% during the 4th quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider's stock valued at $22,901,000 after acquiring an additional 6,410 shares in the last quarter. Ignite Planners LLC grew its stake in Alphabet by 1.0% in the second quarter. Ignite Planners LLC now owns 14,506 shares of the information services provider's stock valued at $2,697,000 after purchasing an additional 144 shares during the last quarter. Sequoia Financial Advisors LLC raised its holdings in Alphabet by 7.4% in the second quarter. Sequoia Financial Advisors LLC now owns 594,959 shares of the information services provider's stock worth $105,540,000 after purchasing an additional 41,132 shares in the last quarter. Sebold Capital Management Inc. raised its holdings in Alphabet by 9.6% in the second quarter. Sebold Capital Management Inc. now owns 2,818 shares of the information services provider's stock worth $500,000 after purchasing an additional 248 shares in the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its position in shares of Alphabet by 104.6% during the second quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 15,559 shares of the information services provider's stock valued at $2,760,000 after buying an additional 7,954 shares during the last quarter. Institutional investors own 27.26% of the company's stock.
Wall Street Analysts Forecast Growth
A number of research firms recently issued reports on GOOG. Piper Sandler restated an "overweight" rating and set a $395.00 price objective on shares of Alphabet in a report on Thursday, February 5th. Canaccord Genuity Group lifted their target price on Alphabet from $330.00 to $390.00 and gave the stock a "buy" rating in a research report on Wednesday, January 7th. Truist Financial set a $350.00 price target on shares of Alphabet in a report on Friday, December 5th. Cantor Fitzgerald reiterated a "neutral" rating on shares of Alphabet in a report on Tuesday, January 20th. Finally, Wells Fargo & Company upgraded shares of Alphabet from a "hold" rating to a "strong-buy" rating in a research note on Monday, February 23rd. Nine equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Alphabet currently has an average rating of "Buy" and a consensus price target of $343.90.
Get Our Latest Stock Report on Alphabet
Trending Headlines about Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: New AI product momentum — coverage highlights Alphabet’s continued strong AI rollouts (Gemini 3.1 variants), which support revenue and cloud demand expectations. Article Title
- Positive Sentiment: Cloud demand & partnerships — Meta agreed to lease Google TPUs for AI model training, showing enterprise/cloud traction for Google’s AI infrastructure. Article Title
- Positive Sentiment: Strategic AI integrations — reports that Apple will use Google’s Gemini models/cloud for Siri strengthen Google’s positioning as a core AI provider across major platforms. Article Title
- Positive Sentiment: Analyst support — Bank of America reiterated a Buy and $370 price target, underpinning bullish analyst sentiment and giving investors a valuation anchor. Article Title
- Positive Sentiment: European expansion — Google is opening an AI centre in Berlin, signaling continued international investment in AI capabilities and partnerships. Article Title
- Neutral Sentiment: Legal/operational overhang resolved in part — Google settled with Epic Games; Fortnite returns to Play Store, removing a major distribution uncertainty. Article Title
- Negative Sentiment: Play Store economics hit — Google will cut Play Store commissions to ~20% (plus add-on fees), which could reduce service revenue and margin assumptions. Article Title
- Negative Sentiment: Regulatory/legal risk escalates — a wrongful-death lawsuit alleges Gemini contributed to a user’s suicide; this is a high-profile, precedent-setting claim that raises product liability and compliance concerns. Article Title
- Negative Sentiment: Waymo safety scrutiny — NTSB probes and reported incidents (school-bus related) add regulatory and reputational risk to Alphabet’s autonomous-vehicle business. Article Title
- Negative Sentiment: Macro & capex concerns — geopolitical volatility and reminders of heavy AI CapEx are pressuring sentiment and near-term margins. Article Title
- Neutral Sentiment: Competition & talent dynamics — OpenAI and other rivals are releasing competing models; employee activism over military use and small insider share sales are noted but not game-changing on their own. Article Title
Alphabet Company Profile
(
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.
See Also
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].
