Alphabet Inc. (NASDAQ:GOOGL – Get Free Report) CEO Sundar Pichai sold 32,500 shares of the stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $307.89, for a total value of $10,006,425.00. Following the transaction, the chief executive officer owned 1,642,060 shares in the company, valued at approximately $505,573,853.40. This trade represents a 1.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through 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 value 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 value 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 value 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 value 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 value of $10,439,325.00.
Alphabet Trading Down 1.0%
Shares of Alphabet stock opened at $307.69 on Thursday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. The firm has a 50-day moving average of $318.54 and a 200-day moving average of $291.85. Alphabet Inc. has a 52-week low of $140.53 and a 52-week high of $349.00. The stock has a market cap of $3.72 trillion, a PE ratio of 28.46, a PEG 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. Stockholders of record on Monday, March 9th were issued a dividend of $0.21 per share. The ex-dividend date of this dividend was Monday, March 9th. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is currently 7.77%.
Institutional Investors Weigh In On Alphabet
A number of large investors have recently modified their holdings of the business. Financial Gravity Companies Inc. acquired a new stake in Alphabet in the second quarter valued at about $31,000. Lifetime Wealth Management P.C. acquired a new position in Alphabet during the fourth quarter worth about $32,000. EMC Capital Management bought a new position in shares of Alphabet in the fourth quarter worth about $33,000. PMV Capital Advisers LLC bought a new position in shares of Alphabet in the fourth quarter worth about $38,000. Finally, IFC & Insurance Marketing Inc. acquired a new stake in shares of Alphabet in the 4th quarter valued at approximately $38,000. Institutional investors and hedge funds own 40.03% of the company’s stock.
Alphabet News Roundup
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: MarketBeat highlights Alphabet as a relative leader among mega‑cap tech names — cites consecutive earnings beats, Google Cloud strength and outperformance vs. peers, supporting investor confidence in execution. 2 Tech Giants Holding Their Ground While the Market Slides
- Positive Sentiment: DeepMind hires Jasjeet Sekhon (Bridgewater’s chief scientist) as chief strategy officer — a high‑profile AI hire that strengthens DeepMind’s talent and strategy as Alphabet pushes AI leadership. Exclusive: Bridgewater’s chief scientist Sekhon to join Google’s DeepMind AI unit
- Positive Sentiment: Alphabet’s Wiz acquisition bolsters Google Cloud security capabilities — strengthens competitive positioning vs. AWS/Azure and supports Cloud revenue growth narratives. GOOGL’s Wiz Buyout Expands Cloud Security Portfolio: What’s Ahead?
- Positive Sentiment: Google is implementing an AI opt‑out for websites to address UK competition concerns — a regulatory concession that should reduce policy risk around generative search features. Google to allow AI opt-out to ease UK competition concerns
- Positive Sentiment: Google’s Stitch redesign and other product moves underline AI-driven product expansion (also pressuring competitors like Adobe), reinforcing the TAM growth story for Alphabet’s software/AI stack. Adobe Stock Drops After Google’s Stitch Redesign
- Positive Sentiment: Alphabet paid a small dividend on March 16 ($0.21/share) — a shareholder‑friendly move that can support investor sentiment. Google stock just paid dividends; here’s how much investors received
- Neutral Sentiment: Insider selling disclosed: CEO Sundar Pichai sold 32,500 shares (~$10.0M) and Director John Hennessy sold 1,050 shares — notable transactions but small relative to their holdings; watch for pattern rather than one‑off sales. Sundar Pichai insider sale John L. Hennessy insider sale
- Neutral Sentiment: Short interest data appears anomalous (reports of zero/NaN) and is not signaling a clear short‑squeeze or build‑up at present.
- Negative Sentiment: Broader investor worry over massive hyperscaler AI spending and whether returns justify it — analysts flag $410B+ hyperscaler capex and growing margins pressure, which weighs on tech multiples including Alphabet. Forget the War Headlines: This Is the Real Reason Tech Stocks Are Struggling
- Negative Sentiment: Valuation concerns persist as analysts debate whether Alphabet’s higher capex and margin pressure justify its current P/E — this keeps upside constrained despite operational wins. How The Alphabet (GOOGL) Investment Story Is Shifting With AI Deals And Valuation Questions
Analyst Ratings Changes
GOOGL has been the subject of several recent research reports. Rosenblatt Securities boosted their price target on Alphabet from $279.00 to $357.00 and gave the company a “neutral” rating in a research note on Thursday, February 5th. Daiwa Securities Group lifted their price objective on Alphabet from $333.00 to $380.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Wedbush upped their target price on Alphabet from $360.00 to $370.00 and gave the company an “outperform” rating in a research report on Thursday, February 5th. Citigroup increased their target price on Alphabet from $350.00 to $390.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Finally, Canaccord Genuity Group set a $415.00 price target on Alphabet in a research report on Thursday, February 5th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-three have issued a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $367.18.
View Our Latest Report on Alphabet
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.
Further Reading
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