Alphabet (NASDAQ:GOOGL) Director John Hennessy Sells 600 Shares

Alphabet Inc. (NASDAQ:GOOGL) Director John Hennessy sold 600 shares of the firm’s stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $337.52, for a total value of $202,512.00. Following the sale, the director owned 21,224 shares in the company, valued at $7,163,524.48. The trade was a 2.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Alphabet Price Performance

GOOGL opened at $332.78 on Friday. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $4.02 trillion, a P/E ratio of 32.82, a PEG ratio of 1.85 and a beta of 1.08. The stock has a 50-day moving average price of $310.31 and a 200-day moving average price of $253.23. Alphabet Inc. has a 12-month low of $140.53 and a 12-month high of $340.49.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings data on Wednesday, October 29th. The information services provider reported $2.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.29 by $0.58. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. The company had revenue of $102.35 billion during the quarter, compared to analysts’ expectations of $99.90 billion. Equities analysts predict that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 8th were given a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 0.3%. The ex-dividend date was Monday, December 8th. Alphabet’s dividend payout ratio is presently 8.28%.

Wall Street Analyst Weigh In

GOOGL has been the subject of several analyst reports. Citizens Jmp increased their target price on Alphabet from $340.00 to $385.00 and gave the company a “market outperform” rating in a report on Wednesday, December 31st. Canaccord Genuity Group set a $390.00 price objective on Alphabet and gave the company a “buy” rating in a research report on Wednesday, January 7th. Bank of America increased their price objective on Alphabet from $335.00 to $370.00 and gave the company a “buy” rating in a research note on Tuesday. Susquehanna lifted their target price on shares of Alphabet from $225.00 to $350.00 and gave the stock a “positive” rating in a research note on Thursday, October 30th. Finally, Wolfe Research set a $380.00 price target on shares of Alphabet and gave the company an “outperform” rating in a research report on Monday, January 5th. Three analysts have rated the stock with a Strong Buy rating, forty-five have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $326.31.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Major distribution and monetization wins: Apple and other device makers are integrating Google’s Gemini/AI into core products (Gemini-powered Siri / Personal Intelligence), validating Alphabet’s AI lead and creating a potential licensing revenue stream. Alphabet Tops $4 Trillion Valuation as AI Momentum Runs Hot Google launches Personal Intelligence feature in Gemini app, challenging Apple Intelligence
• Positive Sentiment: Analyst support: Recent upgrades and a higher price target (Bank of America bumped its GOOGL target) and a consensus “Moderate Buy” view are backing sentiment and likely propped the earlier run-up. Bank of America Boosts Alphabet Price Target
• Neutral Sentiment: AI race context — competitive but manageable: DeepMind’s CEO says Chinese models are “months” behind Western leaders, supporting Alphabet’s technological edge, while market commentary shifts from speculative hype to more disciplined AI growth assumptions. China just ‘months’ behind U.S. AI models, Google DeepMind CEO says AI Stocks: Speculative Hype or Disciplined Growth?
• Negative Sentiment: Copyright litigation risk: Major publishers have asked to join a class action alleging Google used copyrighted material to train AI — potential legal costs, injunction risk or licensing liabilities could weigh on margins and sentiment. Publishers seek to join lawsuit against Google over AI training
• Negative Sentiment: Infrastructure and energy bottlenecks: Google warns U.S. transmission constraints are making it harder and slower to connect data centers, which could raise capex, slow capacity expansion for cloud/AI workloads, and compress near-term margin improvement. Google says US transmission system is biggest challenge for connecting data centers
• Negative Sentiment: Regulatory & reputational pressure: Advocacy groups are urging app-store removals of X/Grok, and broader regulatory scrutiny of AI content and distribution remains a continuing risk for platform operators. Women’s, advocacy groups call on Apple, Google to drop X and Grok from app stores

Hedge Funds Weigh In On Alphabet

Several hedge funds and other institutional investors have recently modified their holdings of GOOGL. Financial Gravity Companies Inc. bought a new position in Alphabet in the second quarter worth $31,000. PMV Capital Advisers LLC bought a new position in shares of Alphabet in the 4th quarter worth about $38,000. CarsonAllaria Wealth Management Ltd. lifted its position in Alphabet by 36.4% during the 2nd quarter. CarsonAllaria Wealth Management Ltd. now owns 251 shares of the information services provider’s stock valued at $44,000 after acquiring an additional 67 shares during the period. Pilgrim Partners Asia Pte Ltd purchased a new position in Alphabet during the 3rd quarter valued at about $53,000. Finally, iSAM Funds UK Ltd bought a new stake in Alphabet during the third quarter worth about $53,000. Hedge funds and other institutional investors own 40.03% of the company’s stock.

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.