Frances Arnold Sells 102 Shares of Alphabet (NASDAQ:GOOGL) Stock

June 2, 2026 by InsiderTrades.com

Key Points

Alphabet director Frances Arnold sold 102 shares on May 29 at an average price of $381, for proceeds of $38,862. After the sale, she still owned 18,721 shares, and the transaction trimmed her stake by just 0.54%.
Alphabet reported strong quarterly results, posting $5.11 EPS versus analyst expectations of $2.64 and revenue of $109.9 billion versus estimates of $106.98 billion. The company also noted robust profitability, with a 38.99% return on equity and a 37.92% net margin.
Analyst sentiment remains positive, with multiple firms raising price targets and the consensus rating sitting at “Moderate Buy” with an average target of $413.33. Alphabet also increased its quarterly dividend to $0.22 per share from $0.21.

Alphabet Inc. (NASDAQ:GOOGL - Get Free Report) Director Frances Arnold sold 102 shares of the business's stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $381.00, for a total value of $38,862.00. Following the sale, the director directly owned 18,721 shares in the company, valued at $7,132,701. The trade was a 0.54% 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.

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Frances Arnold also recently made the following trade(s):

On Thursday, April 30th, Frances Arnold sold 102 shares of Alphabet stock. The stock was sold at an average price of $371.00, for a total value of $37,842.00.

Alphabet Trading Down 1.0%

GOOGL opened at $376.37 on Tuesday. The stock has a market cap of $4.56 trillion, a price-to-earnings ratio of 28.71, a P/E/G ratio of 1.63 and a beta of 1.26. The stock's 50 day moving average price is $347.16 and its 200-day moving average price is $325.75. Alphabet Inc. has a one year low of $162.00 and a one year high of $408.61. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.92 and a current ratio of 1.92.

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Alphabet (NASDAQ:GOOGL - Get Free Report) last released its earnings results on Wednesday, April 29th. The information services provider reported $5.11 EPS for the quarter, beating analysts' consensus estimates of $2.64 by $2.47. The firm had revenue of $109.90 billion for the quarter, compared to analysts' expectations of $106.98 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%. On average, equities analysts forecast that Alphabet Inc. will post 14.29 EPS for the current year.

Alphabet Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 8th will be paid a dividend of $0.22 per share. This is a positive change from Alphabet's previous quarterly dividend of $0.21. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Monday, June 8th. Alphabet's payout ratio is currently 6.71%.

Wall Street Analyst Weigh In

Alphabet Bets on Hardware With Googlebook and AI Glasses

A number of research analysts have recently commented on GOOGL shares. New Street Research upped their target price on Alphabet from $380.00 to $450.00 and gave the company a "buy" rating in a research note on Monday, May 4th. BNP Paribas Exane upped their target price on Alphabet from $390.00 to $420.00 and gave the stock an "outperform" rating in a report on Thursday, April 30th. China Renaissance upped their target price on Alphabet from $400.00 to $485.00 and gave the stock a "buy" rating in a report on Monday, May 4th. Susquehanna reiterated a "positive" rating and set a $460.00 price objective (up from $400.00) on shares of Alphabet in a report on Thursday, April 30th. Finally, Barclays reissued a "buy" rating on shares of Alphabet in a research report on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and five have issued a Hold rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $413.33.

View Our Latest Stock Report on GOOGL

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

Positive Sentiment: Berkshire Hathaway’s $10 billion commitment gives Alphabet a high-profile endorsement and suggests long-term confidence in the company’s AI and cloud strategy. Alphabet plans to raise $80 billion for AI goals, Berkshire to invest $10 billion
Positive Sentiment: Alphabet’s ownership stakes in major private AI companies like SpaceX and Anthropic could provide hidden upside if those firms eventually go public. Alphabet Stock Offers Exposure To SpaceX, Anthropic Before IPOs: What That Means For Investors
Neutral Sentiment: Coverage of Alphabet’s expanding AI coding, hardware, and consumer-device strategy underscores the company’s push to compete more aggressively, but it does not appear to be the immediate stock-moving catalyst today. Microsoft and Google are late to AI coding, but 'absolutely critical' they compete for growth
Negative Sentiment: Alphabet’s proposed $80 billion capital raise is raising dilution concerns and signaling much heavier near-term AI capex, which is pressuring the shares. Exclusive: EU cloud rules to curb Amazon, Google access to strategic tenders, draft document shows
Negative Sentiment: Reports that EU cloud rules could restrict Google’s access to strategic government tenders add another regulatory overhang for the company’s cloud business. Alphabet to raise $80 billion in equity capital for AI spending

Institutional Investors Weigh In On Alphabet

Large investors have recently bought and sold shares of the company. Strategic Wealth Advisors LLC increased its position in shares of Alphabet by 6.0% during the first quarter. Strategic Wealth Advisors LLC now owns 477 shares of the information services provider's stock worth $137,000 after purchasing an additional 27 shares in the last quarter. Rockbridge Investment Management LCC raised its position in shares of Alphabet by 0.5% during the 1st quarter. Rockbridge Investment Management LCC now owns 5,460 shares of the information services provider's stock valued at $1,570,000 after buying an additional 27 shares during the period. Ruggaard & Associates LLC raised its position in Alphabet by 0.9% in the first quarter. Ruggaard & Associates LLC now owns 2,921 shares of the information services provider's stock valued at $840,000 after purchasing an additional 27 shares during the period. Cadia Private Client LLC raised its position in Alphabet by 1.1% in the first quarter. Cadia Private Client LLC now owns 2,589 shares of the information services provider's stock valued at $744,000 after purchasing an additional 28 shares during the period. Finally, Midwest Professional Planners LTD. raised its position in Alphabet by 1.2% in the first quarter. Midwest Professional Planners LTD. now owns 2,364 shares of the information services provider's stock valued at $680,000 after purchasing an additional 29 shares during the period. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

About Alphabet

(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.