Key Points
- Alphabet director Frances Arnold sold 83 shares for approximately $28,257 at an average price of $340.45, reducing her holdings by 0.43% to 19,076 shares. She also sold shares in July and August.
- Alphabet reported quarterly EPS of $9.11, far above the $2.89 consensus estimate, while revenue reached $119.8 billion. The company pays a quarterly dividend of $0.22 per share, equivalent to a 0.3% yield.
- Analysts maintain a bullish outlook, with a consensus “Buy” rating and a $425.60 price target, although investors remain focused on AI monetization, infrastructure spending and legal risks.
Alphabet Inc. (NASDAQ:GOOGL - Get Free Report) Director Frances Arnold sold 83 shares of the stock in a transaction dated Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total value of $28,257.35. Following the transaction, the director owned 19,076 shares in the company, valued at $6,494,424.20. This trade represents a 0.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Frances Arnold also recently made the following trade(s):
- On Friday, August 28th, Frances Arnold sold 82 shares of Alphabet stock. The shares were sold at an average price of $337.71, for a total value of $27,692.22.
- On Thursday, July 30th, Frances Arnold sold 82 shares of Alphabet stock. The stock was sold at an average price of $333.39, for a total value of $27,337.98.
Alphabet Stock Up 1.6%
Shares of GOOGL opened at $343.50 on Friday. Alphabet Inc. has a 1 year low of $235.84 and a 1 year high of $408.61. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. The stock has a 50 day simple moving average of $344.74 and a two-hundred day simple moving average of $347.70. The firm has a market cap of $4.20 trillion, a P/E ratio of 17.25, a P/E/G ratio of 0.98 and a beta of 1.21.
Alphabet (NASDAQ:GOOGL - Get Free Report) last posted its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, topping the consensus estimate of $2.89 by $6.22. The firm had revenue of $119.80 billion for the quarter, compared to the consensus estimate of $117.07 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. On average, analysts forecast that Alphabet Inc. will post 20.55 earnings per share for the current fiscal year.
Alphabet Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, September 14th. Shareholders of record on Monday, September 7th were given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 0.3%. The ex-dividend date was Friday, September 4th. Alphabet's dividend payout ratio is presently 4.42%.
Trending Headlines about Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Gemini 4 Argon strengthens Alphabet’s AI narrative. Google says its new flagship model delivers top-tier results in coding, finance, legal work, video understanding and cybersecurity. Analysts view its capabilities and aggressive pricing as potentially pressuring OpenAI, Anthropic and other rivals, although broad access is initially restricted for safety testing. Google Gemini 4 Argon frontier model analysis
- Positive Sentiment: Alphabet’s vertically integrated AI platform remains a potential competitive advantage. The company develops its own chips, cloud infrastructure and models, which could eventually reduce dependence on Nvidia and improve economics as AI adoption grows. JPMorgan reportedly maintained an Overweight view and expects additional upside over the next year. Alphabet threat to Nvidia
- Positive Sentiment: AI infrastructure expansion and strategic investments could create longer-term value. Alphabet is testing its tensor-processing chips in orbit through Project Suncatcher and could benefit from its stake in Anthropic if the AI company’s potential IPO supports a higher valuation. These initiatives are speculative but reinforce the company’s broader AI strategy. Google AI chips launched into orbit
- Neutral Sentiment: YouTube is exploring additional live-sports rights. Expanding free and Premium sports programming could support engagement, subscriptions and advertising, but rights costs and the lack of a specific deal make the financial impact uncertain. YouTube sports strategy
- Negative Sentiment: Investors remain concerned about AI monetization and spending. Alphabet is committing heavily to infrastructure while analysts question whether AI revenue and personal-agent adoption will justify the investment. Meta’s free AI offering also highlights the risk that keeping Google’s comparable product behind a subscription could limit usage and weaken its competitive position. Google Gemini and personal agents
- Negative Sentiment: Legal and consumer-product risks remain overhangs. Google must face publisher claims seeking approximately $3.2 billion in ad-tech damages, while the Pixel 10a price increase to $599 could hurt demand for its budget hardware. Alphabet publisher ad-tech claims
Wall Street Analysts Forecast Growth
A number of research firms have recently weighed in on GOOGL. Morgan Stanley set a $400.00 target price on Alphabet and gave the company an "overweight" rating in a research note on Thursday, July 23rd. KeyCorp raised their price target on Alphabet from $425.00 to $445.00 and gave the stock an "overweight" rating in a research report on Friday, July 10th. Truist Financial set a $420.00 price target on Alphabet and gave the stock a "buy" rating in a research note on Thursday, July 23rd. Wedbush reiterated an "outperform" rating and issued a $445.00 price objective on shares of Alphabet in a research report on Thursday, July 23rd. Finally, Cantor Fitzgerald reissued an "overweight" rating and set a $420.00 price objective (down from $435.00) on shares of Alphabet in a research note on Thursday, July 23rd. Five analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Alphabet currently has a consensus rating of "Buy" and a consensus target price of $425.60.
Read Our Latest Analysis on GOOGL
Institutional Trading of Alphabet
Several large investors have recently modified their holdings of GOOGL. State Street Corp raised its holdings in shares of Alphabet by 5.6% during the second quarter. State Street Corp now owns 238,977,259 shares of the information services provider's stock valued at $85,403,303,000 after acquiring an additional 12,718,127 shares in the last quarter. Invesco Ltd. lifted its stake in Alphabet by 0.5% in the fourth quarter. Invesco Ltd. now owns 45,394,474 shares of the information services provider's stock worth $14,208,470,000 after acquiring an additional 208,362 shares during the period. Fisher Asset Management LLC boosted its holdings in Alphabet by 1.6% in the fourth quarter. Fisher Asset Management LLC now owns 38,106,033 shares of the information services provider's stock valued at $11,927,189,000 after acquiring an additional 583,078 shares in the last quarter. Amundi boosted its holdings in Alphabet by 4.6% in the second quarter. Amundi now owns 33,203,350 shares of the information services provider's stock valued at $11,865,809,000 after acquiring an additional 1,457,371 shares in the last quarter. Finally, Nuveen LLC increased its position in Alphabet by 1.7% during the 4th quarter. Nuveen LLC now owns 29,166,806 shares of the information services provider's stock valued at $9,129,210,000 after purchasing an additional 478,848 shares during the period. 40.03% of the stock is owned by institutional investors.
Alphabet Company Profile
(
Get Free Report)
Alphabet Inc is a technology and internet services company best known as the parent company of Google. Its primary business, Google Services, includes online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a range of hardware and subscription products.
Alphabet also operates Google Cloud, which provides infrastructure, data analytics, cybersecurity, productivity software, and artificial intelligence services to businesses, governments, and other organizations.
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