Alphabet (NASDAQ:GOOGL) CAO Amie Thuener O'toole Sells 617 Shares

Alphabet Inc. (NASDAQ:GOOGL - Get Free Report) CAO Amie Thuener O'toole sold 617 shares of the company's stock in a transaction on 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 directly owned 10,093 shares in the company, valued at $2,923,235.59. The trade was a 5.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

• MarketBeat Week in Review – 03/30 - 04/03

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 shares were sold at an average price of $336.55, for a total value of $314,001.15.

Alphabet Price Performance

NASDAQ GOOGL opened at $295.77 on Friday. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.01 and a quick ratio of 2.01. The firm has a market capitalization of $3.58 trillion, a price-to-earnings ratio of 27.36, a price-to-earnings-growth ratio of 1.81 and a beta of 1.12. The company has a 50 day simple moving average of $309.29 and a 200-day simple moving average of $296.27. Alphabet Inc. has a 52-week low of $140.53 and a 52-week high of $349.00.

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• Memory Wipe: The Great TurboQuant Miscalculation

Alphabet (NASDAQ:GOOGL - Get Free Report) last released its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, beating the consensus estimate of $2.57 by $0.25. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The firm had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. Equities research analysts predict that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were paid a $0.21 dividend. The ex-dividend date of this dividend was 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 7.77%.

Key Headlines Impacting Alphabet

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Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Analysts remain constructive — Wells Fargo kept an overweight rating (while trimming targets), and other outlets highlight Buy/Outperform views that point to meaningful upside from cloud/AI monetization. Wells Fargo Raised the PT on Alphabet Inc (GOOGL), Maintains a Buy Rating
• Positive Sentiment: Product/efficiency wins: Google’s Gemma 4 and the TurboQuant algorithm reduce model memory needs and improve on‑device/model efficiency — strengthens competitive moat and could lower operating costs for AI services. Google's Gemma 4 brings AI superpowers to your device Google's TurboQuant Breakthrough Just Rewrote the AI Playbook
• Positive Sentiment: Fundamental/earnings confidence: coverage from Zacks and others flags Alphabet’s earnings growth and price strength as reasons to watch the stock heading into earnings season. Earnings Growth & Price Strength Make Alphabet (GOOGL) a Stock to Watch
• Neutral Sentiment: Talent movement: Broadcom named Alphabet executive Amie Thuener as its next CFO — notable departure to monitor but not an immediate earnings event. Broadcom taps Alphabet executive Amie Thuener as next CFO
• Negative Sentiment: Regulatory probe in Turkey: the Turkish Competition Board opened an investigation into Google’s advertising and billing practices — potential fines, business restrictions or remediation costs could hit ad revenue/operations in the region. Turkey launches investigation into Google over advertising, billing practices
• Negative Sentiment: Legal risk rises as Section 230 liability narrows: recent court losses for platforms (including YouTube/Google units) increase the probability of costly litigation and moderation compliance burdens. Meta, Google under attack as court cases bypass 30-year-old legal shield
• Negative Sentiment: Near‑term cash‑flow and capex concern: industry commentary warns that hyperscaler AI capex could push Google’s free cash flow toward zero next year — elevates execution and financing risk until monetization of AI investments scales. Semianalysis CEO: Google's free cash flow will hit zero next year from AI capex
• Negative Sentiment: Operational/ESG risk from data‑center power strategy: reporting that hyperscalers (including Google) are building large natural‑gas plants to power AI centers raises reputational, regulatory and long‑term transition risks. AI companies are building huge natural gas plants to power data centers. What could go wrong?
• Negative Sentiment: Insider selling: an SEC filing shows a senior exec sold ~9k shares in late March — modest in dollar terms but can be read negatively by short‑term traders. Insider Selling: Alphabet (NASDAQ:GOOGL) Insider Sells 8,993 Shares of Stock

Analysts Set New Price Targets

GOOGL has been the topic of several research reports. KeyCorp set a $370.00 target price on Alphabet and gave the stock an "overweight" rating in a research report on Thursday, February 5th. Argus boosted their price target on Alphabet from $365.00 to $385.00 and gave the company a "buy" rating in a research note on Friday, February 6th. Jefferies Financial Group increased their price objective on Alphabet from $365.00 to $400.00 and gave the stock a "buy" rating in a report on Monday, February 2nd. Wells Fargo & Company reduced their target price on shares of Alphabet from $397.00 to $361.00 and set an "overweight" rating for the company in a research note on Thursday. Finally, Cantor Fitzgerald reissued an "overweight" rating and issued a $370.00 target price on shares of Alphabet in a research report on Thursday, February 5th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-four have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, Alphabet has a consensus rating of "Moderate Buy" and an average target price of $367.33.

Read Our Latest Report on GOOGL

Institutional Trading of Alphabet

Several large investors have recently modified their holdings of the company. Lifetime Wealth Management P.C. bought a new stake in Alphabet during the fourth quarter valued at about $32,000. EMC Capital Management acquired a new position in shares of Alphabet during the 4th quarter worth about $33,000. PMV Capital Advisers LLC bought a new stake in Alphabet during the 4th quarter valued at approximately $38,000. IFC & Insurance Marketing Inc. acquired a new stake in Alphabet in the 4th quarter valued at approximately $38,000. Finally, Bard Associates Inc. acquired a new stake in Alphabet in the 4th quarter valued at approximately $52,000. 40.03% of the stock is owned by institutional investors.

Alphabet Company Profile

(Get Free Report)

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google's core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google's consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.

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