Alphabet Inc. (NASDAQ:GOOGL – Get Free Report) CAO Marsida Saraci sold 449 shares of the business’s stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total value of $149,606.80. Following the completion of the sale, the chief accounting officer directly owned 27,386 shares in the company, valued at $9,125,015.20. This represents a 1.61% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.
Marsida Saraci also recently made the following trade(s):
- On Friday, June 26th, Marsida Saraci sold 449 shares of Alphabet stock. The shares were sold at an average price of $341.72, for a total value of $153,432.28.
Alphabet Price Performance
NASDAQ:GOOGL opened at $336.71 on Thursday. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16. The business’s 50-day moving average price is $359.40 and its 200 day moving average price is $339.14. Alphabet Inc. has a 52-week low of $187.82 and a 52-week high of $408.61. The firm has a market cap of $4.08 trillion, a P/E ratio of 16.91, a PEG ratio of 0.95 and a beta of 1.24.
Alphabet Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, September 14th. Investors of record on Monday, September 7th will be issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Friday, September 4th. Alphabet’s dividend payout ratio (DPR) is presently 4.42%.
Alphabet News Roundup
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Alphabet’s latest quarter continued to support the long-term growth case: revenue rose 24% to $119.8 billion, Google Cloud growth accelerated to 82%, cloud operating income more than tripled, and its backlog reached $514 billion. Search revenue also grew 17%, easing concerns that AI tools are undermining the core advertising business. Alphabet quarter and valuation analysis
- Positive Sentiment: Investor enthusiasm is being supported by Alphabet’s potential to commercialize its internally developed AI chips, with initial external revenue reportedly expected by year-end. Analysts and value investors remain constructive; KeyCorp maintains an “Overweight” rating and a $445 target, while Phillip Securities upgraded Alphabet to “strong buy.” Alphabet AI silicon opportunity
- Positive Sentiment: Google is expanding its Play Signal age-assurance technology worldwide by the end of 2026, potentially strengthening Android’s safety tools and developer ecosystem. Waymo also began restoring freeway service, a sign of progress after earlier operational restrictions. Google age-assurance technology
- Neutral Sentiment: Analyst estimates were mixed: KeyCorp raised its full-year 2026 EPS forecast substantially but trimmed quarterly and 2027 estimates slightly, while Erste Group lifted its 2027 forecast. This indicates strong near-term expectations but uncertainty about longer-term spending and profitability.
- Negative Sentiment: The main pressure remains Alphabet’s planned $195 billion–$205 billion of 2026 capital spending. Quarterly capital expenditures reached $44.9 billion and free cash flow turned negative, prompting investors to question whether AI infrastructure returns will justify the investment. Alphabet AI spending concerns
- Negative Sentiment: Additional risks include renewed fears that lower-cost AI models could pressure technology valuations, potential European private damages claims following Google’s $1 billion fine, and reports of a DeepMind research-team restructuring. Recent insider and major-shareholder sales are also a modest sentiment headwind, although they do not necessarily signal deteriorating fundamentals. Google European damages risk
Institutional Investors Weigh In On Alphabet
Several hedge funds have recently bought and sold shares of GOOGL. Processus Wealth & Capital Management LLC grew its position in Alphabet by 1.0% during the second quarter. Processus Wealth & Capital Management LLC now owns 20,509 shares of the information services provider’s stock valued at $7,329,000 after purchasing an additional 198 shares in the last quarter. First Community Trust NA lifted its position in Alphabet by 1.6% in the 2nd quarter. First Community Trust NA now owns 18,694 shares of the information services provider’s stock worth $6,681,000 after buying an additional 297 shares in the last quarter. Walker Asset Management LLC boosted its stake in shares of Alphabet by 1.1% during the 2nd quarter. Walker Asset Management LLC now owns 3,070 shares of the information services provider’s stock valued at $1,097,000 after buying an additional 32 shares during the period. Lee Kelleher & Klein Wealth Management acquired a new stake in shares of Alphabet during the 2nd quarter valued at $302,000. Finally, Buska Wealth Management LLC grew its holdings in shares of Alphabet by 5.7% during the 2nd quarter. Buska Wealth Management LLC now owns 875 shares of the information services provider’s stock valued at $313,000 after acquiring an additional 47 shares in the last quarter. 40.03% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of brokerages recently issued reports on GOOGL. President Capital lifted their target price on Alphabet from $375.00 to $465.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Wall Street Zen raised Alphabet from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Morgan Stanley set a $400.00 price target on Alphabet and gave the company an “overweight” rating in a research report on Thursday, July 23rd. Citigroup reissued an “outperform” rating on shares of Alphabet in a research note on Monday, May 4th. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and set a $390.00 price objective (up from $345.00) on shares of Alphabet in a research note on Thursday, April 30th. Six equities research analysts have rated the stock with a Strong Buy rating, forty-four have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $419.86.
Get Our Latest Analysis 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.
Featured Stories
- Five stocks we like better than Alphabet
- Why SK hynix Could Be the Best AI Chip Stock to Buy Now
- Seagate Technology Stock Surges as Earnings Beat Silences AI Doubters
- Alphabet Is Down 18% From Its High After a Stellar Quarter—Overdone, or More Downside Ahead?
- Why Bloom Energy May Be the Most Important AI Infrastructure Stock
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.
