Alphabet Inc. (NASDAQ:GOOGL – Get Free Report) CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $307.89, for a total value of $10,006,425.00. Following the transaction, the chief executive officer directly owned 1,642,060 shares of the company’s stock, valued at $505,573,853.40. The trade was a 1.94% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Sundar Pichai also recently made the following trade(s):
- On Wednesday, March 4th, Sundar Pichai sold 32,500 shares of Alphabet stock. The stock was sold at an average price of $303.38, for a total transaction of $9,859,850.00.
- On Wednesday, February 18th, Sundar Pichai sold 32,500 shares of Alphabet stock. The shares were sold at an average price of $303.92, for a total transaction of $9,877,400.00.
- 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 shares were 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 stock was sold at an average price of $321.21, for a total transaction of $10,439,325.00.
Alphabet Price Performance
NASDAQ GOOGL traded down $3.23 on Wednesday, hitting $307.69. The stock had a trading volume of 19,971,490 shares, compared to its average volume of 30,376,390. The firm has a 50-day moving average of $318.54 and a 200-day moving average of $291.85. 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 Inc. has a 52-week low of $140.53 and a 52-week high of $349.00. The company has a market capitalization of $3.72 trillion, a price-to-earnings ratio of 28.46, a price-to-earnings-growth ratio of 1.82 and a beta of 1.10.
Alphabet Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 9th 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, March 9th. Alphabet’s payout ratio is presently 7.77%.
Analyst Ratings Changes
A number of analysts have recently issued reports on the company. Roth Mkm lifted their price target on Alphabet from $365.00 to $395.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Barclays reaffirmed an “overweight” rating and issued a $360.00 target price (up from $315.00) on shares of Alphabet in a research note on Thursday, February 5th. President Capital lifted their target price on shares of Alphabet from $323.00 to $375.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Wells Fargo & Company set a $354.00 price target on shares of Alphabet and gave the stock an “equal weight” rating in a research note on Thursday, February 5th. Finally, HSBC increased their price target on shares of Alphabet from $335.00 to $370.00 and gave the stock a “buy” rating in a report on Tuesday, December 2nd. Three equities research analysts have rated the stock with a Strong Buy rating, forty-three have assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $367.18.
Get Our Latest Report on Alphabet
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of GOOGL. Brooktree Capital Management bought a new position in Alphabet in the 2nd quarter valued at approximately $352,000. Griffin Asset Management Inc. increased its holdings in shares of Alphabet by 13.9% in the 3rd quarter. Griffin Asset Management Inc. now owns 58,731 shares of the information services provider’s stock worth $14,277,000 after purchasing an additional 7,180 shares in the last quarter. Sovran Advisors LLC increased its holdings in shares of Alphabet by 23.6% in the 3rd quarter. Sovran Advisors LLC now owns 22,219 shares of the information services provider’s stock worth $5,401,000 after purchasing an additional 4,241 shares in the last quarter. Birchcreek Wealth Management LLC raised its stake in shares of Alphabet by 2.9% in the second quarter. Birchcreek Wealth Management LLC now owns 8,028 shares of the information services provider’s stock worth $1,415,000 after purchasing an additional 223 shares during the last quarter. Finally, Centerpoint Advisory Group raised its position in Alphabet by 21.0% in the 2nd quarter. Centerpoint Advisory Group now owns 2,407 shares of the information services provider’s stock worth $424,000 after buying an additional 418 shares during the last quarter. 40.03% of the stock is currently owned by institutional investors.
Trending Headlines about Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Top AI and strategy hires strengthen DeepMind execution — Jasjeet Sekhon, Bridgewater’s chief scientist, is joining Google’s DeepMind as chief strategy officer, boosting AI talent and strategy depth that supports product leadership and monetization opportunities. Article Title
- Positive Sentiment: Cloud/security M&A expands enterprise angle — Alphabet’s acquisition of Wiz strengthens Google Cloud’s security stack, a key competitive lever vs. AWS/Azure and a driver of higher-margin, enterprise revenue. Article Title
- Positive Sentiment: Defense relationships could open government revenue paths — reporting says Google has rebuilt ties with the Pentagon, which could translate to lucrative contracts if political headwinds remain manageable. Article Title
- Positive Sentiment: AI product momentum pressures rivals — Google’s Stitch redesign (AI → UI generation) is already rattling competitors like Adobe, signaling product strength that could help user growth and ad/cloud adoption. Article Title
- Neutral Sentiment: Regulatory concession may reduce UK friction — Google said it will build search controls allowing sites to opt out of generative-AI features, a move that could blunt UK CMA concerns but may limit feature reach. Article Title
- Neutral Sentiment: Supply-chain / infrastructure sourcing discussions — Google is in talks with Chinese firms for data-center liquid-cooling equipment; could reduce capex cost or invite scrutiny depending on geopolitics. Article Title
- Negative Sentiment: Large planned capex raises near-term margin and valuation questions — Alphabet’s plan to invest up to ~$185B by 2026 and higher AI-driven capex fuels concerns about margin pressure and whether current P/E already prices in that spending. Article Title
- Negative Sentiment: Valuation debate persists despite upbeat fundamentals — analysts remain optimistic, but some write-ups flag Alphabet’s ~25–29x P/E and rising capex as limiting near-term upside vs. expectations. Article Title
About Alphabet
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.
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