Alphabet Inc. (NASDAQ:GOOGL – Get Free Report) CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction dated Wednesday, January 21st. The shares were sold at an average price of $327.30, for a total transaction of $10,637,250.00. Following the completion of the sale, the chief executive officer owned 2,211,872 shares in the company, valued at approximately $723,945,705.60. This trade represents a 1.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.
Sundar Pichai also recently made the following trade(s):
- On Wednesday, January 7th, Sundar Pichai sold 32,500 shares of Alphabet stock. The stock was sold at an average price of $321.21, for a total transaction of $10,439,325.00.
- On Monday, December 15th, Sundar Pichai sold 32,500 shares of Alphabet stock. The shares were sold at an average price of $299.80, for a total transaction of $9,743,500.00.
- On Wednesday, December 3rd, Sundar Pichai sold 32,500 shares of Alphabet stock. The shares were sold at an average price of $319.50, for a total transaction of $10,383,750.00.
- On Wednesday, November 19th, Sundar Pichai sold 32,500 shares of Alphabet stock. The stock was sold at an average price of $296.64, for a total value of $9,640,800.00.
- On Wednesday, November 5th, Sundar Pichai sold 32,500 shares of Alphabet stock. The stock was sold at an average price of $283.48, for a total transaction of $9,213,100.00.
Alphabet Stock Down 0.8%
Shares of NASDAQ:GOOGL traded down $2.50 during trading on Friday, hitting $328.04. The company’s stock had a trading volume of 27,246,599 shares, compared to its average volume of 25,633,180. Alphabet Inc. has a fifty-two week low of $140.53 and a fifty-two week high of $340.49. The business has a 50 day moving average price of $314.62 and a two-hundred day moving average price of $258.45. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.75 and a current ratio of 1.75. The company has a market capitalization of $3.96 trillion, a PE ratio of 32.60, a P/E/G ratio of 1.82 and a beta of 1.08.
Institutional Investors Weigh In On Alphabet
A number of institutional investors and hedge funds have recently added to or reduced their stakes in GOOGL. Members Trust Co increased its stake in Alphabet by 0.5% in the fourth quarter. Members Trust Co now owns 6,434 shares of the information services provider’s stock valued at $2,014,000 after purchasing an additional 31 shares during the period. Altfest L J & Co. Inc. grew its holdings in shares of Alphabet by 0.4% during the fourth quarter. Altfest L J & Co. Inc. now owns 7,952 shares of the information services provider’s stock worth $2,489,000 after buying an additional 31 shares during the last quarter. Lifelong Wealth Advisors Inc. increased its position in Alphabet by 1.9% in the 4th quarter. Lifelong Wealth Advisors Inc. now owns 1,728 shares of the information services provider’s stock valued at $541,000 after acquiring an additional 33 shares during the period. White Wing Wealth Management increased its position in Alphabet by 2.9% in the 4th quarter. White Wing Wealth Management now owns 1,155 shares of the information services provider’s stock valued at $362,000 after acquiring an additional 33 shares during the period. Finally, Quantum Financial Advisors LLC raised its stake in Alphabet by 0.3% during the 4th quarter. Quantum Financial Advisors LLC now owns 11,799 shares of the information services provider’s stock valued at $3,693,000 after acquiring an additional 34 shares during the last quarter. Hedge funds and other institutional investors own 40.03% of the company’s stock.
More Alphabet News
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Apple ties Gemini to Siri, widening Gemini distribution and strengthening Alphabet’s AI moat — a material revenue/strategic positive for GOOGL that supports premium multiples and growth expectations. How Apple’s Gemini-Powered Siri Deal Will Impact Alphabet (GOOGL) Investors
- Positive Sentiment: Multiple bullish analyst moves — Wolfe Research lifted its price target to $390, Raymond James upgraded to “strong buy” and raised targets (reports of a $400 target), and Deutsche Bank raised its target — fueling buy-side momentum and supporting upside expectations. Wolfe Research Adjusts Price Target
- Positive Sentiment: Google pushes into AI shopping and other AI-enabled monetization avenues — analysts and outlets highlight accelerating product-led revenue opportunities that underpin long-term growth. Google’s Making a Splash in AI Shopping
- Neutral Sentiment: Technical/market commentary: recent ~3–4% pullback called a routine consolidation within a long-term uptrend — suggests no fundamental change but signals caution for investors seeking cheaper entry points. Alphabet Cools After the Run: Buy Now or Wait for a Better Entry?
- Neutral Sentiment: Waymo launched robotaxi service in Miami (business expansion) — growth opportunity for autonomous revenue but not yet material to near-term GAAP results. Waymo launches robotaxi service in Miami
- Negative Sentiment: NTSB opens an investigation after Waymo robotaxis were recorded illegally passing stopped school buses multiple times — raises regulatory, safety and reputational risks for Alphabet’s autonomous-driving unit and could lead to operational constraints or fines. US safety board opens probe into Waymo robotaxis passing stopped school buses
- Negative Sentiment: Federal judge allowed a consumer antitrust lawsuit over Google’s default-search payments to proceed — continued legal exposure that could affect search economics and ad revenue over time. Judge Orders Google to Face Consumer Antitrust Lawsuit Over Search
Wall Street Analysts Forecast Growth
GOOGL has been the subject of several analyst reports. Citizens Jmp boosted their price target on shares of Alphabet from $340.00 to $385.00 and gave the stock a “market outperform” rating in a report on Wednesday, December 31st. DZ Bank reaffirmed a “buy” rating on shares of Alphabet in a research report on Thursday, November 20th. Truist Financial set a $350.00 target price on Alphabet and gave the company a “buy” rating in a report on Friday, December 5th. New Street Research raised their price target on Alphabet from $275.00 to $295.00 in a research note on Friday, October 24th. Finally, Oppenheimer upped their price objective on Alphabet from $270.00 to $300.00 and gave the stock an “outperform” rating in a research report on Monday, October 20th. Four equities research analysts have rated the stock with a Strong Buy rating, forty-two have given a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $331.40.
Get Our Latest Stock Report on Alphabet
Alphabet Company Profile
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.
See Also
- Five stocks we like better than Alphabet
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- How a Family Trust May Be Able To Help Preserve Your Wealth
- Do not delete, read immediately
- NEW LAW: Congress Approves Setup For Digital Dollar?
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
Receive News & Ratings for Alphabet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alphabet and related companies with MarketBeat.com's FREE daily email newsletter.
