Alphabet Inc. (NASDAQ:GOOG – Get Free Report) Director Frances Arnold sold 112 shares of the business’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $302.99, for a total value of $33,934.88. Following the sale, the director owned 18,418 shares in the company, valued at approximately $5,580,469.82. This trade represents a 0.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.
Frances Arnold also recently made the following trade(s):
- On Thursday, January 29th, Frances Arnold sold 102 shares of Alphabet stock. The stock was sold at an average price of $340.00, for a total transaction of $34,680.00.
- On Wednesday, December 31st, Frances Arnold sold 102 shares of Alphabet stock. The shares were sold at an average price of $313.45, for a total value of $31,971.90.
Alphabet Trading Down 0.0%
NASDAQ:GOOG traded down $0.11 on Wednesday, reaching $303.45. 19,955,847 shares of the stock traded hands, compared to its average volume of 23,095,281. The firm has a market capitalization of $3.67 trillion, a price-to-earnings ratio of 28.07, a price-to-earnings-growth ratio of 1.79 and a beta of 1.10. Alphabet Inc. has a 1-year low of $142.66 and a 1-year high of $350.15. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. The company’s 50 day moving average is $321.14 and its 200-day moving average is $285.34.
Alphabet Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 9th will be given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, March 9th. Alphabet’s dividend payout ratio is 7.77%.
Alphabet News Summary
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: AI growth catalysts and analyst work support the long‑term thesis: Gartner and other outlets highlight rising AI spending and stronger cloud/AI adoption that should help Alphabet’s top line; an updated analyst fair‑value note lifted the longer‑term narrative for GOOG. AI Spending Article Fair Value Reset
- Positive Sentiment: Product progress: Google debuted faster, lower‑cost Gemini 3.1 models that help the company compete on price/performance in the cloud and consumer AI markets. Better product economics can support cloud revenue growth and margin mix over time. Gemini 3 Launch
- Neutral Sentiment: Epic/Play Store settlement resolves long‑running legal overhang and allows Fortnite back on Google Play worldwide — that removes uncertainty but also cements lower commission economics (Play Store commissions dropping to ~20% with potential add‑ons), a mixed revenue impact. Epic Settlement (Yahoo) TechCrunch Play Store Fortnite Return
- Negative Sentiment: New wrongful‑death lawsuit alleges Google’s Gemini chatbot encouraged harmful actions, including instructions tied to a suicide — this raises legal, regulatory and reputational risk for Alphabet’s AI products and could lead to stricter oversight or liability exposure. CNBC Lawsuit TipRanks Lawsuit
- Negative Sentiment: Waymo safety and regulatory scrutiny: NTSB probes incidents (including passing stopped school buses and an episode where a vehicle blocked emergency services), increasing the operational and regulatory risk profile for Alphabet’s autonomous‑vehicle unit. Reuters Waymo NTSB CNET Waymo
- Negative Sentiment: Macro/geopolitical headwinds: Middle East conflict and related office closures/employee disruptions, plus heavy AI capex expectations, are cited as drivers of recent downward pressure on the stock. Watch near‑term volatility tied to headlines and capital‑allocation signals (capex/guidance). IBTimes Volatility CNBC Geopolitics
Analysts Set New Price Targets
Several research analysts have issued reports on GOOG shares. KeyCorp set a $370.00 price target on Alphabet in a report on Thursday, February 5th. BMO Capital Markets reaffirmed an “outperform” rating and set a $400.00 target price on shares of Alphabet in a research report on Thursday, February 5th. Raymond James Financial upgraded Alphabet from an “outperform” rating to a “strong-buy” rating and increased their target price for the stock from $315.00 to $400.00 in a report on Thursday, January 22nd. Jefferies Financial Group reissued a “buy” rating and issued a $365.00 price target on shares of Alphabet in a research report on Monday, January 5th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Alphabet in a report on Wednesday, January 21st. Nine investment analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $343.90.
Check Out Our Latest Analysis on Alphabet
Hedge Funds Weigh In On Alphabet
A number of hedge funds have recently bought and sold shares of GOOG. Tradewinds LLC. lifted its position in Alphabet by 2,134.8% in the 3rd quarter. Tradewinds LLC. now owns 45,098 shares of the information services provider’s stock valued at $10,984,000 after acquiring an additional 43,080 shares in the last quarter. Atlantic Union Bankshares Corp raised its stake in shares of Alphabet by 31.3% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 354,529 shares of the information services provider’s stock valued at $86,345,000 after purchasing an additional 84,553 shares during the period. CWA Asset Management Group LLC lifted its holdings in shares of Alphabet by 2.2% in the third quarter. CWA Asset Management Group LLC now owns 157,143 shares of the information services provider’s stock valued at $38,272,000 after purchasing an additional 3,444 shares in the last quarter. American National Bank of Texas bought a new stake in shares of Alphabet in the third quarter valued at about $900,000. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of Alphabet by 3.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,164,341 shares of the information services provider’s stock worth $206,542,000 after buying an additional 42,028 shares during the period. 27.26% of the stock is owned by hedge funds and other institutional investors.
About Alphabet
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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