Insider Selling: Alphabet (NASDAQ:GOOG) Director Sells $23,288.00 in Stock

Key Points

• Alphabet director Frances Arnold sold 82 shares for $23,288 at an average price of $284, reducing her position by 0.43% to 19,157 shares.
• Alphabet shares fell to $278.22, near their 12-month low, after quarterly EPS of $2.12 missed the $3.01 consensus estimate; revenue was $127.58 billion, slightly below expectations.
• Despite earnings and cash-flow concerns from heavy AI spending, analysts remain broadly positive, with a “Moderate Buy” consensus and an average price target of $413.54, supported by strong Google Cloud growth and AI opportunities.

Alphabet Inc. (NASDAQ:GOOG - Get Free Report) Director Frances Arnold sold 82 shares of the stock in a transaction that occurred on Thursday, October 29th. The stock was sold at an average price of $284.00, for a total value of $23,288.00. Following the completion of the transaction, the director owned 19,157 shares in the company, valued at $5,440,588. This represents a 0.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

• On Wednesday, September 30th, Frances Arnold sold 83 shares of Alphabet stock. The shares were sold at an average price of $340.45, for a total transaction of $28,257.35.
• On Friday, August 28th, Frances Arnold sold 82 shares of Alphabet stock. The stock was sold at an average price of $337.71, for a total value of $27,692.22.

Alphabet Stock Performance

Alphabet stock traded down $4.10 during trading hours on Friday, reaching $278.22. 44,940,655 shares of the company were exchanged, compared to its average volume of 20,151,448. The company has a current ratio of 2.79, a quick ratio of 2.64 and a debt-to-equity ratio of 0.19. The stock has a 50-day moving average of $335.73 and a 200 day moving average of $338.25. The firm has a market cap of $3.40 trillion, a price-to-earnings ratio of 14.73, a PEG ratio of 0.82 and a beta of 1.19. Alphabet Inc. has a 12 month low of $271.41 and a 12 month high of $404.47.

Alphabet (NASDAQ:GOOG - Get Free Report) last posted its earnings results on Wednesday, October 28th. The information services provider reported $2.12 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.01 by ($0.89). The firm had revenue of $127.58 billion during the quarter, compared to analyst estimates of $127.97 billion. Alphabet had a net margin of 50.03% and a return on equity of 43.33%. The business's quarterly revenue was up 24.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.87 earnings per share. As a group, research analysts anticipate that Alphabet Inc. will post 20.40 earnings per share for the current year.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud delivered exceptional growth. Revenue more than doubled year over year to approximately $30.7 billion, while operating margins expanded and the backlog reached roughly $561 billion. This supports the view that Alphabet’s AI investments are generating demand. Alphabet Cloud Business Article
• Positive Sentiment: Alphabet’s AI platform may create new revenue streams. OpenAI reportedly plans to use Google’s tensor-processing units, while Gemini performance and expanding AI Search advertising could help Alphabet compete in the AI infrastructure market. Analysts including Goldman Sachs and JPMorgan remain constructive, despite lowering price targets. OpenAI Google AI Chips Article
• Positive Sentiment: Valuation has become more attractive. Reports place GOOG’s price-to-earnings ratio near 14.6, the lowest level in many years, prompting some investors to characterize the selloff as a potential long-term buying opportunity. Google Valuation Article
• Neutral Sentiment: Waymo is expanding internationally. Alphabet’s autonomous-driving unit will test Toyota bZ4X robotaxis in Japan and the U.K., but the business remains small and cash-burning. Waymo Toyota Partnership Article
• Negative Sentiment: Quarterly results missed expectations. Alphabet reported approximately $2.12 in earnings per share and $127.6 billion in revenue, below consensus forecasts. Search revenue grew but missed estimates, and AI-powered searches are reportedly harder to monetize than traditional searches. Alphabet Search Earnings Article
• Negative Sentiment: AI spending is straining cash flow. Capital expenditures and infrastructure commitments pushed free cash flow approximately $9 billion negative for the quarter, raising concerns about returns on Alphabet’s enormous AI investment program and potential financing or dilution. Tech Giants AI Spending Article
• Negative Sentiment: Additional earnings pressure came from investments and legal risk. An unrealized loss on Alphabet’s SpaceX stake reduced earnings, while multiple law firms publicized securities class-action deadlines tied to alleged AI disclosures. These lawsuits are largely investor notices, but they add reputational and headline risk. Alphabet Class Action Notice

Analysts Set New Price Targets

A number of brokerages have commented on GOOG. Citizens Jmp downgraded Alphabet from a "mkt outperform" rating to a "market perform" rating in a research report on Thursday. Raymond James Financial restated a "strong-buy" rating and issued a $350.00 price target on shares of Alphabet in a research report on Thursday. TD Cowen reaffirmed a "buy" rating and set a $460.00 price objective (down from $485.00) on shares of Alphabet in a research note on Thursday. Bank of America reaffirmed a "buy" rating on shares of Alphabet in a report on Thursday. Finally, Wolfe Research reiterated an "outperform" rating on shares of Alphabet in a research note on Thursday, August 27th. Six equities research analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $413.54.

Hedge Funds Weigh In On Alphabet

Several large investors have recently made changes to their positions in the company. Readystate Asset Management LP bought a new stake in shares of Alphabet during the second quarter worth $45,352,000. BlackRock Inc. boosted its stake in shares of Alphabet by 1.4% during the second quarter. BlackRock Inc. now owns 369,922,502 shares of the information services provider's stock valued at $130,704,718,000 after purchasing an additional 5,164,200 shares in the last quarter. State Street Corp lifted its holdings in Alphabet by 2.8% during the second quarter. State Street Corp now owns 190,923,442 shares of the information services provider's stock worth $67,458,980,000 after buying an additional 5,208,690 shares during the period. Amundi lifted its holdings in Alphabet by 22.9% during the first quarter. Amundi now owns 21,922,379 shares of the information services provider's stock worth $6,288,654,000 after buying an additional 4,083,758 shares during the period. Finally, Deutsche Bank AG lifted its holdings in Alphabet by 5.6% during the second quarter. Deutsche Bank AG now owns 17,313,729 shares of the information services provider's stock worth $6,117,460,000 after buying an additional 913,666 shares during the period. Institutional investors and hedge funds own 27.26% of the company's stock.

Alphabet Company Profile

Alphabet Inc is a technology holding company best known as the parent organization of Google. Founded in 2015 through a corporate restructuring, Alphabet oversees Google and a collection of businesses focused on technology, online services, communications, artificial intelligence, and other emerging areas.

Google's principal products and services include its internet search engine, digital advertising platforms, YouTube, Android, Chrome, Google Maps, Google Play, and Google Workspace. The company also provides cloud computing, data storage, cybersecurity, productivity, and artificial intelligence services through Google Cloud.

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