Amie Thuener O’toole Sells 617 Shares of Alphabet (NASDAQ:GOOGL) Stock

Alphabet Inc. (NASDAQ:GOOGL) CAO Amie Thuener O’toole sold 617 shares of the stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $289.63, for a total transaction of $178,701.71. Following the sale, the chief accounting officer directly owned 10,093 shares of the company’s stock, valued at $2,923,235.59. This represents a 5.76% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Amie Thuener O’toole also recently made the following trade(s):

• On Tuesday, March 3rd, Amie Thuener O’toole sold 955 shares of Alphabet stock. The stock was sold at an average price of $298.00, for a total transaction of $284,590.00.
• On Monday, February 2nd, Amie Thuener O’toole sold 933 shares of Alphabet stock. The shares were sold at an average price of $336.55, for a total transaction of $314,001.15.

Alphabet Stock Performance

Shares of Alphabet stock opened at $295.77 on Friday. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. The business has a 50-day moving average price of $309.29 and a two-hundred day moving average price of $296.59. Alphabet Inc. has a 1-year low of $140.53 and a 1-year high of $349.00. The company has a market cap of $3.58 trillion, a P/E ratio of 27.36, a PEG ratio of 1.81 and a beta of 1.12.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.57 by $0.25. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The company had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. As a group, analysts anticipate that Alphabet Inc. will post 8.9 EPS for the current year.

Alphabet Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were given 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 7.77%.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Analysts remain constructive — Wells Fargo kept an overweight rating (while trimming targets), and other outlets highlight Buy/Outperform views that point to meaningful upside from cloud/AI monetization. Wells Fargo Raised the PT on Alphabet Inc (GOOGL), Maintains a Buy Rating
• Positive Sentiment: Product/efficiency wins: Google’s Gemma 4 and the TurboQuant algorithm reduce model memory needs and improve on‑device/model efficiency — strengthens competitive moat and could lower operating costs for AI services. Google’s Gemma 4 brings AI superpowers to your device Google’s TurboQuant Breakthrough Just Rewrote the AI Playbook
• Positive Sentiment: Fundamental/earnings confidence: coverage from Zacks and others flags Alphabet’s earnings growth and price strength as reasons to watch the stock heading into earnings season. Earnings Growth & Price Strength Make Alphabet (GOOGL) a Stock to Watch
• Neutral Sentiment: Talent movement: Broadcom named Alphabet executive Amie Thuener as its next CFO — notable departure to monitor but not an immediate earnings event. Broadcom taps Alphabet executive Amie Thuener as next CFO
• Negative Sentiment: Regulatory probe in Turkey: the Turkish Competition Board opened an investigation into Google’s advertising and billing practices — potential fines, business restrictions or remediation costs could hit ad revenue/operations in the region. Turkey launches investigation into Google over advertising, billing practices
• Negative Sentiment: Legal risk rises as Section 230 liability narrows: recent court losses for platforms (including YouTube/Google units) increase the probability of costly litigation and moderation compliance burdens. Meta, Google under attack as court cases bypass 30-year-old legal shield
• Negative Sentiment: Near‑term cash‑flow and capex concern: industry commentary warns that hyperscaler AI capex could push Google’s free cash flow toward zero next year — elevates execution and financing risk until monetization of AI investments scales. Semianalysis CEO: Google’s free cash flow will hit zero next year from AI capex
• Negative Sentiment: Operational/ESG risk from data‑center power strategy: reporting that hyperscalers (including Google) are building large natural‑gas plants to power AI centers raises reputational, regulatory and long‑term transition risks. AI companies are building huge natural gas plants to power data centers. What could go wrong?
• Negative Sentiment: Insider selling: an SEC filing shows a senior exec sold ~9k shares in late March — modest in dollar terms but can be read negatively by short‑term traders. Insider Selling: Alphabet (NASDAQ:GOOGL) Insider Sells 8,993 Shares of Stock

Analysts Set New Price Targets

GOOGL has been the subject of several recent research reports. Bank of America boosted their price objective on Alphabet from $335.00 to $370.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. Argus raised their price objective on shares of Alphabet from $365.00 to $385.00 and gave the company a “buy” rating in a research note on Friday, February 6th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Alphabet in a report on Monday, February 9th. Wedbush boosted their target price on shares of Alphabet from $360.00 to $370.00 and gave the stock an “outperform” rating in a research report on Thursday, February 5th. Finally, DZ Bank restated a “buy” rating on shares of Alphabet in a report on Monday, February 16th. Three research analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Alphabet currently has an average rating of “Moderate Buy” and an average target price of $367.33.

Institutional Investors Weigh In On Alphabet

Several large investors have recently made changes to their positions in the business. CIBC Bancorp USA Inc. purchased a new position in Alphabet during the third quarter worth about $416,217,000. Griffin Asset Management Inc. raised its holdings in shares of Alphabet by 13.9% in the 3rd quarter. Griffin Asset Management Inc. now owns 58,731 shares of the information services provider’s stock valued at $14,277,000 after acquiring an additional 7,180 shares in the last quarter. Sovran Advisors LLC boosted its position in shares of Alphabet by 23.6% during the 3rd quarter. Sovran Advisors LLC now owns 22,219 shares of the information services provider’s stock valued at $5,401,000 after acquiring an additional 4,241 shares during the last quarter. Edmond DE Rothschild Holding S.A. grew its holdings in shares of Alphabet by 4.7% during the second quarter. Edmond DE Rothschild Holding S.A. now owns 1,457,732 shares of the information services provider’s stock worth $256,896,000 after purchasing an additional 65,439 shares in the last quarter. Finally, World Investment Advisors grew its holdings in shares of Alphabet by 9.2% during the fourth quarter. World Investment Advisors now owns 274,761 shares of the information services provider’s stock worth $86,000,000 after purchasing an additional 23,107 shares in the last quarter. 40.03% of the stock is owned by hedge funds and other institutional investors.

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.