Alphabet Inc. (NASDAQ:GOOG – Get Free Report) CEO Sundar Pichai sold 32,500 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $303.92, for a total transaction of $9,877,400.00. Following the completion of the transaction, the chief executive officer owned 2,818,524 shares in the company, valued at $856,605,814.08. The trade was a 1.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.
Sundar Pichai also recently made the following trade(s):
- On Wednesday, February 4th, Sundar Pichai sold 32,500 shares of Alphabet stock. The shares were sold at an average price of $335.18, for a total transaction of $10,893,350.00.
- On Wednesday, January 21st, Sundar Pichai sold 32,500 shares of Alphabet stock. The stock was sold at an average price of $327.30, for a total transaction of $10,637,250.00.
- On Wednesday, January 7th, Sundar Pichai sold 32,500 shares of Alphabet stock. The shares were 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 stock was 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 shares were sold at an average price of $319.50, for a total value of $10,383,750.00.
Alphabet Stock Up 3.7%
Shares of NASDAQ:GOOG traded up $11.34 during mid-day trading on Friday, hitting $314.90. 33,598,813 shares of the company traded hands, compared to its average volume of 23,503,609. The firm has a market cap of $3.81 trillion, a P/E ratio of 29.13, a PEG ratio of 1.78 and a beta of 1.10. Alphabet Inc. has a 52-week low of $142.66 and a 52-week high of $350.15. The firm’s 50 day simple moving average is $320.86 and its 200 day simple moving average is $278.09. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01.
Alphabet Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 9th will be given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Monday, March 9th. Alphabet’s dividend payout ratio is presently 7.77%.
Hedge Funds Weigh In On Alphabet
Several institutional investors have recently made changes to their positions in GOOG. Framtiden Holdings Management Co LLC acquired a new position in shares of Alphabet during the fourth quarter worth approximately $15,721,000. SB Capital Management Inc acquired a new position in Alphabet during the 4th quarter valued at about $1,285,000. Cambient Family Office LLC bought a new stake in shares of Alphabet during the 4th quarter worth about $25,490,000. McLaughlin Asset Management Inc. acquired a new stake in shares of Alphabet in the 4th quarter worth approximately $659,000. Finally, Bauman Advisory Group LLC bought a new position in shares of Alphabet in the fourth quarter valued at approximately $677,000. 27.26% of the stock is owned by institutional investors.
Key Headlines Impacting Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: UBS/other sell‑side bullishness: analysts highlight that Alphabet’s generative‑AI CapEx could meaningfully lift Cloud revenue and have nudged price targets higher, supporting the AI growth narrative. Read More.
- Positive Sentiment: Big investors piling in: hedge funds and notable managers (e.g., Appaloosa/Tepper, Altimeter, Viking) have added to positions and Paul Tudor Jones initiated a fresh stake — institutional buying is reinforcing bullish sentiment. Read More.
- Positive Sentiment: Commercial/strategic wins and investments: Alphabet unveiled a $15B America‑India Connect AI hub and continues to sign partnerships that expand Gemini/Cloud reach — concrete revenue pathways that investors favor. Read More.
- Positive Sentiment: TPU/AI infrastructure push: reports say Google is exploring ways to use its balance sheet and partner deals to expand sales of its AI chips (TPUs), which would reduce dependence on rivals and open new B2B revenue. Read More.
- Neutral Sentiment: Product demos and partnerships (Gemini features, Zillow NotebookLM integration, Sea tie‑up) boost user engagement and roadmap visibility but are gradual monetization plays rather than immediate earnings drivers. Read More. • Read More.
- Neutral Sentiment: Industry data reports (U.S. colocation/datacenter analyses) reference Google as a major operator — relevant to long‑term capacity planning but not an immediate stock catalyst. Read More.
- Negative Sentiment: Trade‑secret indictment: federal prosecutors have charged former engineers over alleged theft of Pixel/Tensor files — this raises IP/security and reputational risk that can attract regulatory scrutiny and distractions. Read More.
- Negative Sentiment: Broader legal/privacy pressure: reports of proposed class actions over China‑based data transfers add regulatory/legal exposure that could drive litigation costs and uncertainty. Read More.
- Negative Sentiment: Insider and institutional selling: a large disclosed sale by John Kent Walker and multiple fund trims have been reported — such sales can create short‑term sentiment headwinds even if management says sales are routine. Read More.
- Negative Sentiment: Supply/execution risk: DeepMind’s CEO warned of memory‑chip shortages constraining agentic AI research/deployment — potential near‑term bottlenecks for model rollout and higher costs. Read More.
Wall Street Analyst Weigh In
A number of research analysts recently commented on GOOG shares. JPMorgan Chase & Co. increased their price target on Alphabet from $385.00 to $395.00 and gave the company an “overweight” rating in a report on Thursday, February 5th. Royal Bank Of Canada reissued an “outperform” rating and set a $375.00 price target on shares of Alphabet in a research report on Thursday, January 15th. DA Davidson set a $300.00 price target on shares of Alphabet in a research note on Tuesday, November 25th. DZ Bank upgraded shares of Alphabet to a “strong-buy” rating in a research note on Monday. Finally, Barclays raised their price objective on shares of Alphabet from $250.00 to $315.00 and gave the stock an “overweight” rating in a report on Thursday, October 30th. Eight research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Alphabet presently has an average rating of “Buy” and an average price target of $343.90.
Check Out Our Latest Research Report on Alphabet
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.
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