Amie Thuener O'toole Sells 617 Shares of Alphabet (NASDAQ:GOOG) Stock

Alphabet Inc. (NASDAQ:GOOG - Get Free Report) CAO Amie Thuener O'toole sold 617 shares of Alphabet stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $289.63, for a total value of $178,701.71. Following the transaction, the chief accounting officer owned 10,093 shares of the company's stock, valued at $2,923,235.59. This trade represents a 5.76% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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Amie Thuener O'toole also recently made the following trade(s):

• On Tuesday, March 3rd, Amie Thuener O'toole sold 955 shares of Alphabet stock. The stock was sold at an average price of $298.00, for a total value of $284,590.00.
• On Monday, February 2nd, Amie Thuener O'toole sold 933 shares of Alphabet stock. The stock was sold at an average price of $336.55, for a total value of $314,001.15.

Alphabet Price Performance

GOOG stock opened at $294.46 on Friday. The firm has a market capitalization of $3.56 trillion, a PE ratio of 27.24, a P/E/G ratio of 1.80 and a beta of 1.13. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. Alphabet Inc. has a twelve month low of $142.66 and a twelve month high of $350.15. The stock's 50 day moving average is $309.00 and its 200-day moving average is $296.60.

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Alphabet (NASDAQ:GOOG - Get Free Report) last issued its quarterly earnings data on Thursday, February 5th. The information services provider reported $2.82 earnings per share for the quarter, beating the consensus estimate of $2.59 by $0.23. The business had revenue of $113.83 billion for the quarter, compared to analysts' expectations of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The business's revenue was up 18.0% on a year-over-year basis. During the same period last year, the business earned $2.15 EPS. Sell-side analysts expect that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were issued a $0.21 dividend. The ex-dividend date was Monday, March 9th. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. Alphabet's dividend payout ratio is currently 7.77%.

Analyst Ratings Changes

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Several research firms recently weighed in on GOOG. Sanford C. Bernstein restated a "market perform" rating and set a $345.00 price target on shares of Alphabet in a report on Thursday, February 5th. Oppenheimer reiterated an "outperform" rating and issued a $360.00 price objective on shares of Alphabet in a research note on Thursday, February 5th. Royal Bank Of Canada restated an "outperform" rating and issued a $375.00 target price on shares of Alphabet in a research note on Thursday, January 15th. Wedbush reaffirmed an "outperform" rating and issued a $370.00 target price on shares of Alphabet in a report on Thursday, February 5th. Finally, DZ Bank raised Alphabet to a "strong-buy" rating in a research report on Monday, February 16th. Nine research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Alphabet currently has a consensus rating of "Buy" and an average target price of $345.71.

Check Out Our Latest Stock Analysis on Alphabet

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google rolled out Gemma 4, an open‑source AI model family that strengthens Google’s developer ecosystem and supports future cloud/AI revenue opportunities. Read More.
• Positive Sentiment: Google updated Gemini API pricing with “Flex” and “Priority” tiers to balance speed, cost and reliability — that could broaden usage, enable more price‑sensitive workloads, and boost API adoption/revenue. Read More.
• Positive Sentiment: Technical advances like TurboQuant (memory/compression for large models) can lower infrastructure costs for AI workloads and improve margins over time — a structural benefit to Google’s cloud/AI economics. Read More.
• Neutral Sentiment: Wells Fargo and other analysts remain constructive (Overweight/Buy) but have trimmed price targets — signaling confidence in the long run while dialing back near‑term expectations. Read More.
• Neutral Sentiment: Market/ETF flows continue to amplify Alphabet’s moves (SPY/QQQ dynamics): macro risk‑on/off days can create outsized short‑term volatility for big caps. Read More.
• Neutral Sentiment: Big Tech H‑1B filings have fallen, reflecting broader hiring freezes/reshuffling across the sector — not an Alphabet‑specific revenue issue but a labor/strategy signal. Read More.
• Negative Sentiment: Turkey’s competition authority opened an investigation into Google’s advertising and billing practices — regulatory probes risk fines, remedial costs and local ad‑revenue disruption. Read More.
• Negative Sentiment: Alphabet’s principal accounting officer, Amie Thuener O’Toole, is leaving (joining Broadcom as CFO) — departure of a senior finance leader creates some short‑term transition risk for controls and reporting. Read More.
• Negative Sentiment: Semianalysis warned heavy AI capex could push Google’s free cash flow toward zero next year — investors sensitive to FCF may penalize valuation if spending outpaces monetization. Read More.
• Negative Sentiment: Recent insider selling by senior executives (e.g., John Kent Walker) adds to near‑term negative sentiment, especially amid market sensitivity to insider activity. Read More.
• Negative Sentiment: Broader legal pressure on platforms (recent cases challenging Section 230 protections) raises regulatory and litigation risk for YouTube/Google content/ad products. Read More.

Hedge Funds Weigh In On Alphabet

Several hedge funds have recently bought and sold shares of the company. Nvest Wealth Strategies Inc. bought a new position in Alphabet in the 4th quarter worth about $38,000. Lifetime Wealth Management P.C. purchased a new stake in shares of Alphabet in the 4th quarter valued at about $38,000. Imprint Wealth LLC bought a new stake in shares of Alphabet during the 3rd quarter valued at about $31,000. Bard Associates Inc. purchased a new position in shares of Alphabet during the fourth quarter worth about $41,000. Finally, Manning & Napier Advisors LLC bought a new position in shares of Alphabet in the third quarter worth approximately $32,000. Hedge funds and other institutional investors own 27.26% of the company's stock.

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.

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