Frances Arnold Sells 82 Shares of Alphabet (NASDAQ:GOOGL) Stock

Key Points

• Alphabet director Frances Arnold sold 82 shares at an average price of $337.71, generating $27,692.22 and reducing her direct holdings by 0.43% to 18,995 shares. She also sold shares in June and July.
• Alphabet shares recently traded at $339.35, while the company reported quarterly EPS of $9.11 and revenue of $119.80 billion, exceeding analyst expectations. Alphabet also declared a quarterly dividend of $0.22 per share.
• Analysts maintain a broadly positive view, with a consensus “Buy” rating and a $420.19 price target; however, investors continue to weigh substantial AI spending against antitrust scrutiny and other regulatory pressures.

Alphabet Inc. (NASDAQ:GOOGL - Get Free Report) Director Frances Arnold sold 82 shares of the company's stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $337.71, for a total transaction of $27,692.22. Following the sale, the director directly owned 18,995 shares of the company's stock, valued at $6,414,801.45. This represents a 0.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Thursday, July 30th, Frances Arnold sold 82 shares of Alphabet stock. The shares were sold at an average price of $333.39, for a total transaction of $27,337.98.
• On Tuesday, June 30th, Frances Arnold sold 112 shares of Alphabet stock. The shares were sold at an average price of $351.28, for a total transaction of $39,343.36.

Alphabet Price Performance

Shares of Alphabet stock traded down $7.24 on Monday, reaching $339.35. 33,432,417 shares of the stock were exchanged, compared to its average volume of 31,542,016. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. The firm has a market cap of $4.15 trillion, a PE ratio of 17.04, a P/E/G ratio of 0.97 and a beta of 1.24. The firm's 50 day moving average is $349.62 and its 200-day moving average is $341.86. Alphabet Inc. has a one year low of $206.20 and a one year high of $408.61.

Alphabet (NASDAQ:GOOGL - Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.89 by $6.22. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The business had revenue of $119.80 billion for the quarter, compared to analysts' expectations of $117.07 billion. As a group, analysts anticipate that Alphabet Inc. will post 20.5 EPS for the current fiscal year.

Alphabet Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 14th. Stockholders of record on Monday, September 7th will be paid a $0.22 dividend. The ex-dividend date is Friday, September 4th. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. Alphabet's dividend payout ratio (DPR) is presently 4.42%.

Institutional Investors Weigh In On Alphabet

Several hedge funds have recently added to or reduced their stakes in GOOGL. Norges Bank bought a new position in shares of Alphabet in the fourth quarter valued at $30,534,239,000. Cardano Risk Management B.V. grew its holdings in shares of Alphabet by 855.3% during the fourth quarter. Cardano Risk Management B.V. now owns 14,525,280 shares of the information services provider's stock valued at $4,546,413,000 after buying an additional 13,004,828 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Alphabet by 2.4% during the fourth quarter. Vanguard Group Inc. now owns 528,969,322 shares of the information services provider's stock worth $165,567,398,000 after acquiring an additional 12,531,695 shares in the last quarter. Capital World Investors increased its position in shares of Alphabet by 28.0% during the third quarter. Capital World Investors now owns 53,107,572 shares of the information services provider's stock worth $12,910,542,000 after acquiring an additional 11,605,785 shares in the last quarter. Finally, Diamant Asset Management Inc. raised its holdings in shares of Alphabet by 28,950.0% in the 1st quarter. Diamant Asset Management Inc. now owns 9,291,926 shares of the information services provider's stock worth $2,671,986,000 after acquiring an additional 9,259,940 shares during the last quarter. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

GOOGL has been the topic of a number of recent analyst reports. Wedbush reiterated an "outperform" rating and issued a $445.00 target price on shares of Alphabet in a research report on Thursday, July 23rd. Morgan Stanley set a $400.00 price target on shares of Alphabet and gave the company an "overweight" rating in a report on Thursday, July 23rd. HSBC reiterated a "buy" rating and set a $420.00 price objective (down from $435.00) on shares of Alphabet in a research report on Tuesday, June 2nd. Royal Bank Of Canada restated an "outperform" rating and issued a $425.00 target price on shares of Alphabet in a research report on Thursday, July 23rd. Finally, JPMorgan Chase & Co. reaffirmed a "buy" rating on shares of Alphabet in a research note on Monday, May 4th. Six equities research analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Buy" and a consensus price target of $420.19.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Citizens analyst Andrew Boone reportedly expects Alphabet to reach a new all-time high over the next 12 months, supporting the view that the company’s AI-driven rally and earnings growth still have room to continue. Wall Street analyst sets Google price target for next 12 months
• Positive Sentiment: Alphabet’s cloud business delivered exceptionally strong growth, while its valuation appears more restrained than some other AI leaders. Investors are assessing whether cloud expansion and AI monetization can justify the company’s historic capital-investment program. One Mag 7 stock to watch
• Positive Sentiment: Indian regulator approval for the IPO of Jio Platforms could create a potential valuation event for Alphabet’s investment in the Meta- and Google-backed telecom company, although the financial benefit is not yet quantified. Jio Platforms receives IPO approval
• Neutral Sentiment: Analysts debated whether the market’s reaction to Alphabet’s latest earnings was excessive. The discussion highlighted strong results but also Google’s talent losses and the possibility that Gemini 4 could materially change investor sentiment. Was the market’s reaction to Alphabet’s earnings overblown?
• Neutral Sentiment: Alphabet and Amazon are both funding record AI infrastructure spending. Alphabet’s strong balance sheet and margins are advantages, but investors remain focused on whether returns from that spending will arrive quickly enough. Will Amazon or Alphabet better digest AI capex?
• Negative Sentiment: Alphabet faces renewed European antitrust pressure after changing search rules to avoid a potential penalty equal to 10% of revenue. The concessions could weaken search economics and competitive flexibility even though they avoid an immediate fine. How Google avoided a 10% revenue fine
• Negative Sentiment: Google’s £260 million U.K. app-store settlement added to concerns about regulatory costs and possible pressure on its app-distribution business. Google’s U.K. app-store settlement
• Negative Sentiment: Meta’s roughly $60 billion AI investment is raising fears that new AI products could challenge Google Search and reshape digital advertising, creating a longer-term threat to Alphabet’s core business. Meta’s AI investment could challenge Google Search

About Alphabet

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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