Alphabet (NASDAQ:GOOG) Director John Hennessy Sells 1,050 Shares

Alphabet Inc. (NASDAQ:GOOG) Director John Hennessy sold 1,050 shares of Alphabet stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $368.63, for a total transaction of $387,061.50. Following the sale, the director owned 1,481 shares in the company, valued at approximately $545,941.03. The trade was a 41.49% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Alphabet Price Performance

GOOG stock opened at $367.46 on Friday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.92 and a current ratio of 1.92. The company’s fifty day moving average price is $363.25 and its 200-day moving average price is $330.81. Alphabet Inc. has a one year low of $163.33 and a one year high of $404.47. The company has a market capitalization of $4.45 trillion, a PE ratio of 28.03, a price-to-earnings-growth ratio of 1.55 and a beta of 1.22.

Alphabet (NASDAQ:GOOG) last posted its earnings results on Thursday, April 30th. The information services provider reported $5.11 earnings per share 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 net margin of 37.92% and a return on equity of 38.99%. Alphabet’s quarterly revenue was up 21.8% on a year-over-year basis. During the same period last year, the company posted $2.81 earnings per share. On average, equities analysts anticipate that Alphabet Inc. will post 14.3 EPS for the current fiscal year.

Alphabet Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 8th were issued a dividend of $0.22 per share. This is a boost from Alphabet’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend was Monday, June 8th. This represents a $0.88 annualized dividend and a dividend yield of 0.2%. Alphabet’s payout ratio is currently 6.71%.

Institutional Trading of Alphabet

A number of large investors have recently modified their holdings of the company. Brighton Jones LLC lifted its position in shares of Alphabet by 5.6% in the 4th quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider’s stock worth $22,901,000 after purchasing an additional 6,410 shares during the period. Worldquant Millennium Advisors LLC lifted its position in shares of Alphabet by 76.2% during the second quarter. Worldquant Millennium Advisors LLC now owns 1,865,304 shares of the information services provider’s stock valued at $330,886,000 after buying an additional 806,681 shares during the last quarter. Darwin Wealth Management LLC purchased a new stake in shares of Alphabet during the second quarter valued at about $658,000. Financial Advisors Network Inc. lifted its position in shares of Alphabet by 7.7% during the second quarter. Financial Advisors Network Inc. now owns 7,945 shares of the information services provider’s stock valued at $1,409,000 after buying an additional 565 shares during the last quarter. Finally, Ausdal Financial Partners Inc. boosted its holdings in shares of Alphabet by 10.7% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 37,310 shares of the information services provider’s stock valued at $6,618,000 after buying an additional 3,616 shares in the last quarter. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on GOOG shares. Freedom Capital cut Alphabet from a “strong-buy” rating to a “hold” rating in a report on Monday, May 4th. Oppenheimer increased their price target on Alphabet from $425.00 to $445.00 and gave the company an “outperform” rating in a research note on Friday, May 15th. Wells Fargo & Company reissued an “overweight” rating and issued a $435.00 target price on shares of Alphabet in a report on Tuesday, June 2nd. Truist Financial set a $430.00 target price on shares of Alphabet in a report on Monday, June 1st. Finally, KeyCorp restated an “overweight” rating on shares of Alphabet in a report on Wednesday, May 20th. Five analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $376.78.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Investor optimism is being lifted by reports that Google Cloud is accelerating faster than Azure and AWS, with improving margins, a rapidly expanding backlog, and strong AI monetization in Search and advertising. Alphabet: Google Cloud Is Outperforming Azure And AWS; $462 Billion Backlog Requires More AI Investments
• Positive Sentiment: Berkshire Hathaway reportedly increased its Alphabet stake to about 58 million shares, a high-profile vote of confidence that can bolster sentiment around GOOG. Berkshire Hathaway Expands Alphabet (GOOGL) Stake to 58M Shares as Ackman Exits
• Positive Sentiment: Alphabet’s heavy AI and infrastructure investment plans, including major data-center expansion and large capex, are being framed as a growth driver rather than just a cost burden. Alphabet (GOOGL) Announces $1.5 Billion Investment Across 2026 And 2027 To Expand Its Alabama Data Center Campus
• Neutral Sentiment: Google’s push into new AI hardware and products, including a Gemini-powered smart speaker and AI control tools, signals continued product expansion but is not yet a clear near-term earnings catalyst. Google bets on Gemini to reinvent the smart home speaker
• Neutral Sentiment: Waymo’s premium subscription trial and broader robotaxi progress suggest commercialization potential, but investors are also watching execution closely. Alphabet (GOOGL) Trials Premium Subscription for Waymo Robotaxi Service
• Negative Sentiment: Waymo’s recall of nearly 3,900 robotaxis over a software flaw that could send cars into freeway construction zones is a safety setback and raises execution risk for Alphabet’s autonomous-driving unit. Waymo to recall over 3,800 robotaxis over risk of entering closed construction zones, NHTSA says
• Negative Sentiment: Alphabet also faces talent-loss and regulatory overhangs, including Gemini co-lead Noam Shazeer leaving for OpenAI and new U.K. search transparency rules, both of which could weigh on sentiment. Google’s Gemini co-lead Noam Shazeer to join OpenAI

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.