Alphabet (NASDAQ:GOOG) CEO Sundar Pichai Sells 32,500 Shares

Alphabet Inc. (NASDAQ:GOOGGet Free Report) CEO Sundar Pichai sold 32,500 shares of the firm’s stock in a transaction dated Wednesday, January 21st. The shares were sold at an average price of $327.30, for a total value of $10,637,250.00. Following the sale, the chief executive officer owned 2,211,872 shares in the company, valued at $723,945,705.60. The trade was a 1.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

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 value 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 value of $9,743,500.00.
  • On Wednesday, December 3rd, Sundar Pichai sold 32,500 shares of Alphabet stock. The stock was sold at an average price of $319.50, for a total value 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 shares were sold at an average price of $283.48, for a total transaction of $9,213,100.00.

Alphabet Trading Down 0.7%

Shares of GOOG traded down $2.30 during mid-day trading on Friday, reaching $328.55. The company’s stock had a trading volume of 19,092,344 shares, compared to its average volume of 17,039,316. Alphabet Inc. has a 52 week low of $142.66 and a 52 week high of $341.20. The stock has a market cap of $3.96 trillion, a PE ratio of 32.40, a P/E/G ratio of 1.82 and a beta of 1.09. The company’s fifty day moving average price is $315.30 and its two-hundred day moving average price is $259.15. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06.

Alphabet (NASDAQ:GOOGGet Free Report) last released its earnings results on Thursday, October 30th. The information services provider reported $2.87 EPS for the quarter, beating the consensus estimate of $2.29 by $0.58. The company had revenue of $102.35 billion for the quarter, compared to analyst estimates of $99.90 billion. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. The firm’s quarterly revenue was up 15.9% compared to the same quarter last year. During the same quarter last year, the firm earned $2.12 EPS. On average, analysts predict that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 8th were paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, December 8th. Alphabet’s payout ratio is 8.28%.

Hedge Funds Weigh In On Alphabet

Several hedge funds and other institutional investors have recently modified their holdings of the stock. HRC Wealth Management LLC raised its position in shares of Alphabet by 1.0% in the 4th quarter. HRC Wealth Management LLC now owns 3,231 shares of the information services provider’s stock worth $1,014,000 after acquiring an additional 31 shares in the last quarter. Avaii Wealth Management LLC grew its stake in Alphabet by 2.3% in the fourth quarter. Avaii Wealth Management LLC now owns 1,437 shares of the information services provider’s stock worth $451,000 after purchasing an additional 32 shares during the period. Accel Wealth Management raised its holdings in Alphabet by 0.8% in the fourth quarter. Accel Wealth Management now owns 4,068 shares of the information services provider’s stock worth $1,276,000 after purchasing an additional 33 shares in the last quarter. Accelerate Investment Advisors LLC lifted its position in Alphabet by 1.1% during the fourth quarter. Accelerate Investment Advisors LLC now owns 3,166 shares of the information services provider’s stock valued at $993,000 after buying an additional 34 shares during the period. Finally, Aspire Capital Advisors LLC lifted its position in Alphabet by 2.2% during the fourth quarter. Aspire Capital Advisors LLC now owns 1,609 shares of the information services provider’s stock valued at $505,000 after buying an additional 35 shares during the period. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on GOOG. Guggenheim reaffirmed a “buy” rating and issued a $375.00 price target on shares of Alphabet in a research note on Monday, December 1st. Barclays lifted their target price on shares of Alphabet from $250.00 to $315.00 and gave the stock an “overweight” rating in a research note on Thursday, October 30th. Oppenheimer upped their price target on shares of Alphabet from $300.00 to $345.00 and gave the company an “outperform” rating in a report on Thursday, October 30th. Jefferies Financial Group reissued a “buy” rating and issued a $365.00 price target on shares of Alphabet in a report on Monday, January 5th. Finally, Bank of America upped their price objective on shares of Alphabet from $280.00 to $335.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. Eight equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Alphabet presently has an average rating of “Buy” and an average price target of $326.13.

View Our Latest Analysis on GOOG

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

  • Positive Sentiment: Major analyst upgrade and higher price targets highlight AI-driven upside — Raymond James raised GOOG to “Strong Buy” and boosted its price target (street chatter also shows multiple firms lifting targets), supporting investor confidence in Alphabet’s AI strategy and Google Cloud momentum. Article Title
  • Positive Sentiment: Big investors adding shares — Baillie Gifford disclosed adding ~1.19M GOOGL shares in the latest 13F filing, a sign of continued institutional accumulation that can underpin price support. Article Title
  • Positive Sentiment: Strong AI ecosystem wins — Apple reportedly will use Google’s Gemini to power the next Siri, expanding Gemini’s distribution and reinforcing Alphabet’s AI moat and monetization pathways. Article Title
  • Neutral Sentiment: Analyst and media coverage remains focused on AI and technicals — Several outlets and analysts are publishing bullish previews and technical trading ideas (including MarketBeat, Zacks, TipRanks), which keeps interest high but doesn’t guarantee near-term moves. Article Title
  • Neutral Sentiment: Waymo expansion vs. scrutiny — Waymo launched robotaxis in Miami (expansion signal), which can drive future growth for Alphabet’s autonomy segment but also raises operational/legal exposure as deployment scales. Article Title
  • Negative Sentiment: NTSB opens probe into Waymo after robotaxis passed stopped school buses — A federal safety investigation into repeated illegal passes in Austin (reported incidents across states) creates regulatory and reputational risk for Waymo and, by extension, Alphabet. That headline is the clearest near-term negative catalyst. Article Title
  • Negative Sentiment: Antitrust litigation risk persists — A federal judge allowed a consumer antitrust lawsuit over Google Search to proceed, keeping legal exposure and potential remedies on the radar for investors assessing longer-term regulatory risk. Article Title

About Alphabet

(Get Free Report)

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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Insider Buying and Selling by Quarter for Alphabet (NASDAQ:GOOG)

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