Alphabet Inc. (NASDAQ:GOOG - Get Free Report) CAO Marsida Saraci sold 449 shares of the firm's stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total transaction of $149,606.80. Following the completion of the sale, the chief accounting officer owned 27,386 shares of the company's stock, valued at approximately $9,125,015.20. The trade was a 1.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Marsida Saraci also recently made the following trade(s):
- On Friday, June 26th, Marsida Saraci sold 449 shares of Alphabet stock. The stock was sold at an average price of $341.72, for a total value of $153,432.28.
Alphabet Stock Performance
Shares of GOOG stock opened at $335.76 on Thursday. The company has a market cap of $4.07 trillion, a price-to-earnings ratio of 16.86, a price-to-earnings-growth ratio of 0.95 and a beta of 1.23. The stock has a 50 day simple moving average of $357.27 and a 200-day simple moving average of $337.75. Alphabet Inc. has a 12-month low of $188.70 and a 12-month high of $404.47. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16.
Alphabet (NASDAQ:GOOG - Get Free Report) last posted its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, beating the consensus estimate of $2.87 by $6.24. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.The business had revenue of $119.80 billion during the quarter, compared to analysts' expectations of $116.53 billion. During the same period last year, the firm earned $2.31 EPS. The company's quarterly revenue was up 24.2% compared to the same quarter last year. On average, equities analysts forecast that Alphabet Inc. will post 20.15 EPS for the current year.
Alphabet Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, September 14th. Shareholders of record on Monday, September 7th will be issued a $0.22 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. Alphabet's dividend payout ratio (DPR) is 4.42%.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the company. Imprint Wealth LLC acquired a new stake in Alphabet in the 3rd quarter valued at about $31,000. Nvest Wealth Strategies Inc. acquired a new position in Alphabet during the fourth quarter worth about $38,000. Lifetime Wealth Management P.C. acquired a new position in Alphabet during the fourth quarter worth about $38,000. Bard Associates Inc. acquired a new position in Alphabet during the fourth quarter worth about $41,000. Finally, Towne Trust Company N.A lifted its holdings in shares of Alphabet by 34.0% in the fourth quarter. Towne Trust Company N.A now owns 134 shares of the information services provider's stock valued at $42,000 after purchasing an additional 34 shares in the last quarter. Hedge funds and other institutional investors own 27.26% of the company's stock.
Analysts Set New Price Targets
A number of equities analysts have recently weighed in on GOOG shares. Wolfe Research set a $460.00 price target on shares of Alphabet in a research note on Thursday, July 23rd. KeyCorp set a $445.00 price objective on shares of Alphabet in a research note on Friday, July 10th. Canaccord Genuity Group set a $450.00 price objective on shares of Alphabet in a report on Thursday, July 23rd. Morgan Stanley lowered their target price on shares of Alphabet from $415.00 to $400.00 and set an "overweight" rating on the stock in a research report on Thursday, July 23rd. Finally, JPMorgan Chase & Co. dropped their target price on shares of Alphabet from $460.00 to $420.00 and set an "overweight" rating for the company in a report on Thursday, July 23rd. Seven analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of $410.09.
Get Our Latest Stock Analysis on GOOG
More Alphabet News
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Strong quarterly fundamentals are supporting the rebound. Alphabet reported 24.2% year-over-year revenue growth to $119.8 billion, while Google Cloud revenue surged 82% and Search grew 17%. Analysts continue to see substantial long-term growth from AI adoption, cloud demand and advertising. Alphabet quarterly performance
- Positive Sentiment: Wall Street remains broadly bullish. Alphabet retains a “Buy” consensus, with reported price targets well above recent trading levels. Phillip Securities upgraded the stock to “strong buy,” while some analysts raised longer-term EPS estimates. Alphabet analyst ratings
- Positive Sentiment: Institutional demand provides a counterweight to recent selling. Asset Management One added approximately 117,000 GOOGL shares, and Ethic Inc. disclosed a new position worth an estimated $227.5 million in Alphabet’s Class A shares. These moves reinforce the view that the pullback may offer a long-term entry point. Institutional Alphabet holdings
- Neutral Sentiment: AI investment remains the key investor debate. Alphabet’s $195 billion–$205 billion 2026 capital-expenditure outlook is intended to support rapidly expanding cloud and AI demand, but the spending has pressured free cash flow and increased expectations for future monetization.
- Negative Sentiment: Regulatory liabilities are growing. Following a $1 billion European Digital Markets Act fine, rivals may seek up to $10 billion in private damages, potentially adding financial and operational pressure to Google’s European businesses. European lawsuits against Google
- Negative Sentiment: Insider and fund selling remain caution signals. Alphabet’s chief accounting officer sold shares, while Provident Trust and Resona Asset Management reduced their GOOG positions. These transactions are relatively small or portfolio-related, but they may weigh on sentiment after the earnings-driven pullback.
About Alphabet
(
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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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