Alphabet (NASDAQ:GOOGL) Stock: Insider Frances Arnold Sells 82 Shares

Alphabet Inc. (NASDAQ:GOOGL) Director Frances Arnold sold 82 shares of the stock in a transaction dated Thursday, October 29th. The shares were sold at an average price of $284.00, for a total value of $23,288.00. Following the completion of the sale, the director directly owned 19,157 shares of the company’s stock, valued at approximately $5,440,588. The trade was a 0.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

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

• On Wednesday, September 30th, Frances Arnold sold 83 shares of Alphabet stock. The stock was sold at an average price of $340.45, for a total value of $28,257.35.
• On Friday, August 28th, Frances Arnold sold 82 shares of Alphabet stock. The stock was sold at an average price of $337.71, for a total value of $27,692.22.

Alphabet Price Performance

Alphabet stock opened at $279.84 on Friday. The stock’s 50 day moving average is $339.07 and its 200 day moving average is $340.17. Alphabet Inc. has a one year low of $270.70 and a one year high of $408.61. The firm has a market cap of $3.42 trillion, a P/E ratio of 14.61, a P/E/G ratio of 0.82 and a beta of 1.21. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.79 and a quick ratio of 2.64.

Alphabet (NASDAQ:GOOGL) last released its earnings results on Wednesday, October 28th. The information services provider reported $2.12 earnings per share for the quarter, missing analysts’ consensus estimates of $3.02 by ($0.90). Alphabet had a net margin of 50.03% and a return on equity of 43.33%. The firm had revenue of $127.58 billion for the quarter, compared to analyst estimates of $127.96 billion. As a group, research analysts expect that Alphabet Inc. will post 20.05 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on GOOGL. Piper Sandler set a $345.00 price objective on shares of Alphabet and gave the stock an “overweight” rating in a research report on Thursday. Wedbush lowered their target price on shares of Alphabet from $445.00 to $387.00 and set an “outperform” rating for the company in a research note on Thursday. Guggenheim restated a “buy” rating and issued a $450.00 target price on shares of Alphabet in a report on Thursday. UBS Group set a $332.00 price target on shares of Alphabet and gave the company a “neutral” rating in a research report on Thursday. Finally, Moffett Nathanson set a $345.00 price target on shares of Alphabet in a research report on Thursday. Five investment analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Alphabet has a consensus rating of “Buy” and an average price target of $410.46.

Hedge Funds Weigh In On Alphabet

Institutional investors and hedge funds have recently modified their holdings of the business. EMC Capital Management purchased a new position in Alphabet during the second quarter valued at $35,000. Core Capital Management & Research inc. bought a new stake in Alphabet in the 2nd quarter valued at $41,000. Intelligent Financial Strategies bought a new stake in Alphabet in the 3rd quarter valued at $41,000. Premier Financial Group bought a new stake in Alphabet in the 2nd quarter valued at $45,000. Finally, Van Den Berg Management I Inc. lifted its stake in Alphabet by 319.6% in the 1st quarter. Van Den Berg Management I Inc. now owns 214 shares of the information services provider’s stock worth $61,000 after purchasing an additional 163 shares in the last quarter. 40.03% of the stock is currently owned by institutional investors.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud revenue more than doubled year over year to approximately $30.7 billion, while its backlog reached $561 billion. The results support Alphabet’s position as a major beneficiary of enterprise AI demand. Alphabet’s Cloud Business Just Doubled
• Positive Sentiment: Several analysts remain constructive after the selloff. Guggenheim and Needham reaffirmed “buy” ratings with $450 targets, while Citigroup and Wells Fargo retained bullish ratings and projected substantial upside despite lowering their targets.
• Positive Sentiment: Alphabet’s AI ecosystem could gain from rising demand for cloud capacity and specialized chips. Waymo is also expanding internationally through a partnership with Toyota, although the business remains small relative to Alphabet’s core operations. Waymo taps Toyota to supply robotaxis
• Neutral Sentiment: Multiple securities law firms publicized class-action lawsuits and lead-plaintiff deadlines tied to alleged disclosures about Alphabet’s Gemini AI development. These notices add headline risk, but their direct financial impact remains uncertain.
• Negative Sentiment: Alphabet reported adjusted earnings of $2.12 per share, below consensus near $2.94-$3.02, while revenue of $127.6 billion also missed expectations. Search and other revenue grew about 12% to roughly $63 billion, but fell short of forecasts, reinforcing fears that AI-generated answers and “AI mode” searches may monetize less effectively than traditional Search.
• Negative Sentiment: AI infrastructure spending caused free cash flow to remain negative by roughly $9.1 billion for a second consecutive quarter. Investors are questioning whether the enormous capital outlays will produce adequate returns and whether Alphabet may need additional debt or equity financing.
• Negative Sentiment: An unrealized loss on Alphabet’s SpaceX investment reduced quarterly earnings by approximately $0.55 per share, while an EU antitrust fine further pressured results. Analysts including RBC, Wells Fargo, Citigroup, Wedbush, KeyCorp and Cantor Fitzgerald lowered price targets, even though most maintained positive ratings.

Alphabet Company Profile

Alphabet Inc is a technology holding company best known for its Google subsidiary. Google operates a global internet-services business centered on online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a broad range of cloud-based productivity and collaboration tools.

Google Cloud provides infrastructure, data analytics, cybersecurity, artificial intelligence, and enterprise software services to businesses, governments, and other organizations. Alphabet also develops consumer hardware, including Pixel devices and products for connected homes, while investing in emerging businesses through its “Other Bets” segment, including autonomous transportation and life sciences initiatives.

Alphabet was established in 2015 as part of a corporate restructuring that made Google a subsidiary and provided a separate structure for its expanding portfolio of businesses.