Frances Arnold Sells 112 Shares of Alphabet (NASDAQ:GOOG) Stock

Alphabet Inc. (NASDAQ:GOOG) Director Frances Arnold sold 112 shares of the stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $302.99, for a total transaction of $33,934.88. Following the completion of the sale, the director directly owned 18,418 shares of the company’s stock, valued at approximately $5,580,469.82. This trade represents a 0.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Thursday, January 29th, Frances Arnold sold 102 shares of Alphabet stock. The stock was sold at an average price of $340.00, for a total transaction of $34,680.00.
• On Wednesday, December 31st, Frances Arnold sold 102 shares of Alphabet stock. The shares were sold at an average price of $313.45, for a total transaction of $31,971.90.

Alphabet Stock Down 0.8%

GOOG stock opened at $300.91 on Friday. Alphabet Inc. has a twelve month low of $142.66 and a twelve month high of $350.15. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. The company has a market cap of $3.64 trillion, a PE ratio of 27.84, a price-to-earnings-growth ratio of 1.78 and a beta of 1.10. The business’s 50-day simple moving average is $320.61 and its 200 day simple moving average is $285.58.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, topping analysts’ consensus estimates of $2.59 by $0.23. The company had revenue of $113.83 billion during the quarter, compared to the consensus estimate of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The company’s quarterly revenue was up 18.0% on a year-over-year basis. During the same quarter last year, the company earned $2.15 EPS. On average, research analysts anticipate that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 9th will be paid a dividend of $0.21 per share. The ex-dividend date is Monday, March 9th. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. Alphabet’s payout ratio is currently 7.77%.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Major cloud/AI commercial wins — Google Cloud deals (including a reported Apple tie‑up for Gemini and a new CVS partnership) support sustained cloud revenue and TPU demand. CVS taps Google Cloud to roll out AI-powered health platform
• Positive Sentiment: Enterprise TPU demand confirmed — Meta signed a multibillion‑dollar deal to lease Google’s tensor processing units, signaling large, repeatable infrastructure revenue. Meta Platform (META) Signs Multibillion-Dollar AI Chip Agreement With Google
• Positive Sentiment: Analyst support — Bank of America reaffirmed a Buy rating and $370 price target, which bolsters investor confidence in Alphabet’s growth runway. Bank of America Securities Maintains $370 Price Target on Alphabet (GOOGL)
• Neutral Sentiment: Regulatory/legal resolution alters economics — Fortnite returns to Google Play worldwide after settlement, removing distribution uncertainty but changing Play Store economics. Fortnite to return to Google Play worldwide
• Neutral Sentiment: Supply‑side AI developments — Broadcom’s rollout of a 2nm AI SoC and its bullish revenue outlook underline rapid industry investment; this is both an opportunity (ecosystem growth) and a competitive/price factor for cloud operators. Broadcom AI Chips Target US$100b Revenue With First 2nm SoC
• Neutral Sentiment: Insider activity — Small insider sales by directors/CAO were filed; sizes are not large enough to indicate strategic concern but are being watched. Alphabet (NASDAQ:GOOG) Insider Buying and Selling
• Negative Sentiment: Play Store commission cut — Google’s settlement with Epic lowers Play Store commissions to ~20%, which could reduce services revenue and margin assumptions. Google settles with Epic Games, drops its Play Store commissions to 20%
• Negative Sentiment: High‑profile Gemini lawsuit raises liability/regulatory risk — A wrongful‑death suit alleging Gemini contributed to a user’s suicide elevates legal and reputational uncertainty around consumer AI products. Google’s AI chatbot allegedly told user to stage ‘mass casualty attack,’ wrongful death suit claims
• Negative Sentiment: Waymo safety scrutiny — NTSB reviews of Waymo incidents (including school‑bus related investigations) add regulatory and reputational risk to the autonomous‑vehicle business. NTSB: Waymo robotaxis illegally passed stopped school buses
• Negative Sentiment: Macro / capex pressure — Coverage noting heavy AI capital spending and geopolitical volatility is pressuring near‑term margins and sentiment even as long‑term growth remains. Alphabet Stock Dips to $306 Amid Geopolitical Volatility and Heavy AI CapEx Outlook

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Jefferies Financial Group reiterated a “buy” rating and set a $365.00 target price on shares of Alphabet in a research report on Monday, January 5th. Cantor Fitzgerald restated a “neutral” rating on shares of Alphabet in a research note on Tuesday, January 20th. TD Cowen reaffirmed a “buy” rating and set a $365.00 price objective (up from $355.00) on shares of Alphabet in a report on Thursday, February 5th. Piper Sandler reiterated an “overweight” rating and issued a $395.00 price objective on shares of Alphabet in a research note on Thursday, February 5th. Finally, JPMorgan Chase & Co. raised their target price on Alphabet from $385.00 to $395.00 and gave the stock an “overweight” rating in a research report on Thursday, February 5th. Nine analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $343.90.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Brighton Jones LLC lifted its holdings in Alphabet by 5.6% during the 4th quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider’s stock worth $22,901,000 after buying an additional 6,410 shares in the last quarter. Ignite Planners LLC raised its position in shares of Alphabet by 1.0% during the second quarter. Ignite Planners LLC now owns 14,506 shares of the information services provider’s stock worth $2,697,000 after acquiring an additional 144 shares during the last quarter. Sequoia Financial Advisors LLC lifted its stake in shares of Alphabet by 7.4% during the second quarter. Sequoia Financial Advisors LLC now owns 594,959 shares of the information services provider’s stock valued at $105,540,000 after acquiring an additional 41,132 shares during the period. Sebold Capital Management Inc. boosted its holdings in Alphabet by 9.6% in the second quarter. Sebold Capital Management Inc. now owns 2,818 shares of the information services provider’s stock valued at $500,000 after acquiring an additional 248 shares during the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its holdings in Alphabet by 104.6% in the second quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 15,559 shares of the information services provider’s stock valued at $2,760,000 after acquiring an additional 7,954 shares during the last quarter. 27.26% of the stock is owned by institutional investors and hedge funds.

Alphabet Company Profile

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.