Alphabet Inc. (NASDAQ:GOOG – Get Free Report) CAO Marsida Saraci sold 449 shares of the stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of $341.72, for a total transaction of $153,432.28. Following the sale, the chief accounting officer directly owned 27,348 shares in the company, valued at $9,345,358.56. This trade represents a 1.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Alphabet Stock Performance
GOOG stock opened at $351.28 on Tuesday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.92 and a quick ratio of 1.92. The company has a 50 day moving average price of $366.70 and a 200 day moving average price of $332.30. Alphabet Inc. has a fifty-two week low of $173.88 and a fifty-two week high of $404.47. The stock has a market capitalization of $4.26 trillion, a PE ratio of 26.79, a price-to-earnings-growth ratio of 1.43 and a beta of 1.23.
Alphabet (NASDAQ:GOOG – Get Free Report) last released its earnings results on Thursday, April 30th. The information services provider reported $5.11 EPS for the quarter, beating the consensus estimate of $2.68 by $2.43. The company had revenue of $109.90 billion during the quarter, compared to analysts’ expectations of $106.96 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The business’s revenue for the quarter was up 21.8% on a year-over-year basis. During the same period last year, the firm earned $2.81 EPS. Analysts forecast that Alphabet Inc. will post 14.3 EPS for the current year.
Alphabet Increases Dividend
Wall Street Analyst Weigh In
A number of research analysts have issued reports on the stock. JPMorgan Chase & Co. upped their target price on shares of Alphabet from $395.00 to $460.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Phillip Securities cut shares of Alphabet from a “strong-buy” rating to a “moderate buy” rating in a research report on Wednesday, April 15th. Wells Fargo & Company reissued an “overweight” rating and set a $435.00 price target on shares of Alphabet in a research note on Tuesday, June 2nd. Needham & Company LLC set a $400.00 price objective on shares of Alphabet and gave the company a “buy” rating in a report on Friday, March 13th. Finally, Pivotal Research reaffirmed a “buy” rating and issued a $470.00 price objective (up from $420.00) on shares of Alphabet in a research note on Wednesday, April 29th. Four research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $376.78.
Check Out Our Latest Research Report on Alphabet
Key Headlines Impacting Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Alphabet officially debuted in the Dow, replacing Verizon, which is driving index-fund demand and signaling stronger institutional recognition for the stock. Reuters: Alphabet debuts in Dow Jones Industrial Average as index tilts toward tech
- Positive Sentiment: Multiple reports say Alphabet shares are getting a lift from the Dow addition and renewed enthusiasm for large-cap tech and AI exposure. CNBC: Alphabet stock pops 4% on Dow debut, but the tech giant faces major AI questions
- Positive Sentiment: Analysts and market commentators view the recent pullback in big tech as a potential buying opportunity, especially given Alphabet’s strong cloud and AI momentum. 24/7 Wall St.: Dan Ives Says the $3 Trillion Tech Wipeout Is a Buying Opportunity. Here’s His Case
- Neutral Sentiment: News flow also points to strong AI demand at Google, including compute constraints and limited Gemini capacity, which supports long-term growth but may raise near-term execution concerns. Yahoo Finance: Google Limits Meta’s AI Access
- Neutral Sentiment: Separately, Waymo’s robotaxi pilot with Uber ended in Phoenix, but the vehicles will remain active for autonomous deliveries with DoorDash, limiting the immediate stock impact. CNBC: Waymo and Uber end robotaxi pilot in Phoenix
- Negative Sentiment: Some articles continue to highlight concerns about Alphabet’s aggressive AI spending, talent losses, and recent underperformance versus peers, which could cap upside if investors focus on margins. CNBC: Alphabet stock pops 4% on Dow debut, but the tech giant faces major AI questions
Hedge Funds Weigh In On Alphabet
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GOOG. Basecamp Wealth Advisors LLC grew its position in Alphabet by 0.6% in the first quarter. Basecamp Wealth Advisors LLC now owns 20,238 shares of the information services provider’s stock valued at $5,805,000 after purchasing an additional 123 shares in the last quarter. PVG Asset Management Corp lifted its position in Alphabet by 180.3% during the 1st quarter. PVG Asset Management Corp now owns 7,498 shares of the information services provider’s stock worth $2,151,000 after buying an additional 4,823 shares in the last quarter. Steelhead Wealth Management LLC acquired a new position in shares of Alphabet during the 1st quarter worth about $220,000. Lombard Odier Asset Management Europe Ltd acquired a new position in shares of Alphabet during the 1st quarter worth about $324,000. Finally, E Wealth Partners LLC grew its holdings in shares of Alphabet by 6.9% in the 1st quarter. E Wealth Partners LLC now owns 1,160 shares of the information services provider’s stock valued at $333,000 after acquiring an additional 75 shares in the last quarter. Institutional investors own 27.26% of the company’s stock.
About Alphabet
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.
See Also
- Five stocks we like better than Alphabet
- The AI Boom Has a Second Act—And It’s Playing Out in Optics
- Gold’s 2026 Rally Has Cracked—Is It Time to Buy the Pullback?
- 5 Tech Stocks to Buy on the July Pullback
- Is OpenAI’s IPO Delay a Warning for AI Investors?
Receive News & Ratings for Alphabet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alphabet and related companies with MarketBeat.com's FREE daily email newsletter.
