John Hennessy Sells 1,050 Shares of Alphabet (NASDAQ:GOOG) Stock

Alphabet Inc. (NASDAQ:GOOG) Director John Hennessy sold 1,050 shares of the business’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $393.26, for a total transaction of $412,923.00. Following the completion of the transaction, the director owned 2,531 shares of the company’s stock, valued at approximately $995,341.06. This trade represents a 29.32% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Alphabet Stock Performance

NASDAQ:GOOG opened at $384.90 on Thursday. The company has a fifty day simple moving average of $332.59 and a two-hundred day simple moving average of $319.68. The company has a market cap of $4.66 trillion, a price-to-earnings ratio of 29.36, a price-to-earnings-growth ratio of 1.65 and a beta of 1.25. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a 52 week low of $163.33 and a 52 week high of $404.47.

Alphabet (NASDAQ:GOOG) last posted its quarterly earnings results on Thursday, April 30th. The information services provider reported $5.11 EPS for the quarter, topping the consensus estimate of $2.68 by $2.43. The business had revenue of $109.90 billion during the quarter, compared to the consensus estimate of $106.96 billion. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. The company’s quarterly revenue was up 21.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.81 earnings per share. As a group, equities analysts anticipate that Alphabet Inc. will post 14.29 earnings per share for the current fiscal year.

Alphabet Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 8th will be given a $0.22 dividend. The ex-dividend date of this dividend is Monday, June 8th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.2%. This is a boost from Alphabet’s previous quarterly dividend of $0.21. Alphabet’s payout ratio is currently 6.41%.

Institutional Trading of Alphabet

A number of large investors have recently bought and sold shares of the business. Providence Wealth Advisors LLC boosted its stake in Alphabet by 0.3% during the 1st quarter. Providence Wealth Advisors LLC now owns 10,508 shares of the information services provider’s stock worth $3,094,000 after purchasing an additional 29 shares during the period. One Charles Private Wealth Services LLC boosted its stake in Alphabet by 0.6% during the 1st quarter. One Charles Private Wealth Services LLC now owns 4,844 shares of the information services provider’s stock worth $1,390,000 after purchasing an additional 29 shares during the period. Ring Mountain Capital LLC boosted its stake in Alphabet by 0.9% during the 4th quarter. Ring Mountain Capital LLC now owns 3,554 shares of the information services provider’s stock worth $1,174,000 after purchasing an additional 30 shares during the period. Cannon Financial Strategists Inc. lifted its stake in shares of Alphabet by 1.9% in the 4th quarter. Cannon Financial Strategists Inc. now owns 1,589 shares of the information services provider’s stock worth $499,000 after acquiring an additional 30 shares during the period. Finally, Financial Enhancement Group LLC lifted its stake in shares of Alphabet by 2.3% in the 1st quarter. Financial Enhancement Group LLC now owns 1,323 shares of the information services provider’s stock worth $380,000 after acquiring an additional 30 shares during the period. Institutional investors and hedge funds own 27.26% of the company’s stock.

Wall Street Analyst Weigh In

GOOG has been the topic of a number of recent analyst reports. Truist Financial set a $385.00 price objective on shares of Alphabet in a research report on Wednesday, April 22nd. Piper Sandler reissued an “overweight” rating and issued a $395.00 price objective on shares of Alphabet in a research report on Thursday, February 5th. Weiss Ratings reissued a “buy (b)” rating on shares of Alphabet in a research report on Monday, April 20th. Phillip Securities downgraded shares of Alphabet from a “strong-buy” rating to a “moderate buy” rating in a research report on Wednesday, April 15th. Finally, Stifel Nicolaus set a $420.00 price objective on shares of Alphabet in a research report on Wednesday. Six analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, Alphabet currently has a consensus rating of “Buy” and an average target price of $372.65.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google I/O 2026 showcased major AI products and upgrades, including Gemini 3.5 Flash, Gemini Spark, AI-powered Search changes, and new monetization features, reinforcing confidence that Alphabet can monetize AI across its core businesses.
• Positive Sentiment: Alphabet and Blackstone announced a $5 billion AI cloud venture built around Google’s TPU chips, which could expand Google Cloud and strengthen Alphabet’s position in AI infrastructure. Google, Blackstone to create new AI cloud company, WSJ reports
• Positive Sentiment: Wall Street commentary after I/O has been bullish, with multiple firms reiterating Buy/Outperform ratings and higher price targets, suggesting the market sees more upside from Alphabet’s AI strategy.
• Positive Sentiment: Recent coverage says Alphabet’s AI adoption, cloud growth, and record operating margins support the view that the company is not just spending on AI, but improving profitability as well.
• Neutral Sentiment: Some reports note mixed signals from large investors and traders, including portfolio trimming by a few funds and valuation concerns after the stock’s strong run.
• Negative Sentiment: Alphabet also faced headlines about a director sale and a major shareholder reducing its stake, which may create modest short-term pressure as investors lock in gains. TikTok, YouTube lag on UK child safety as rivals act, regulator says

Alphabet Company Profile

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.