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

Alphabet Inc. (NASDAQ:GOOG) Director Frances Arnold sold 82 shares of the company’s stock in a transaction that occurred on Thursday, October 29th. The stock was sold at an average price of $284.00, for a total transaction of $23,288.00. Following the completion of the sale, the director directly owned 19,157 shares of the company’s stock, valued at $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 available at this hyperlink.

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

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

Alphabet Stock Performance

Shares of GOOG stock opened at $278.22 on Friday. The firm has a market cap of $3.40 trillion, a price-to-earnings ratio of 14.52, a PEG ratio of 0.81 and a beta of 1.19. The company’s 50 day moving average is $335.73 and its 200 day moving average is $338.25. The company has a quick ratio of 2.64, a current ratio of 2.79 and a debt-to-equity ratio of 0.19. Alphabet Inc. has a 52-week low of $271.41 and a 52-week high of $404.47.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings data on Wednesday, October 28th. The information services provider reported $2.12 EPS for the quarter, missing analysts’ consensus estimates of $3.01 by ($0.89). The business had revenue of $127.58 billion during the quarter, compared to the consensus estimate of $127.97 billion. Alphabet had a return on equity of 43.33% and a net margin of 50.03%. The business’s quarterly revenue was up 24.7% on a year-over-year basis. During the same period last year, the firm earned $2.87 EPS. On average, sell-side analysts anticipate that Alphabet Inc. will post 19.99 EPS for the current fiscal year.

Analysts Set New Price Targets

GOOG has been the subject of several recent research reports. Zacks Research lowered Alphabet from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 5th. Needham & Company LLC reaffirmed a “buy” rating on shares of Alphabet in a research report on Tuesday. TD Cowen reaffirmed a “buy” rating and set a $460.00 price objective (down from $485.00) on shares of Alphabet in a research report on Thursday. UBS Group reiterated a “reduce” rating on shares of Alphabet in a research note on Thursday. Finally, Citigroup downgraded shares of Alphabet from a “market outperform” rating to a “market perform” rating in a report on Thursday. Six research analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Alphabet presently has an average rating of “Moderate Buy” and a consensus target price of $413.54.

Hedge Funds Weigh In On Alphabet

Institutional investors and hedge funds have recently bought and sold shares of the company. Morton Brown Family Wealth LLC lifted its position in Alphabet by 135.5% during the 3rd quarter. Morton Brown Family Wealth LLC now owns 73 shares of the information services provider’s stock worth $25,000 after acquiring an additional 42 shares in the last quarter. Castlekeep Investment Advisors LLC purchased a new position in Alphabet in the 2nd quarter worth approximately $29,000. Livelsberger Financial Advisory purchased a new position in Alphabet in the 3rd quarter worth approximately $37,000. Timbuktu Capital Management LLC acquired a new stake in Alphabet in the second quarter valued at approximately $46,000. Finally, Team Financial Group LLC acquired a new stake in Alphabet in the third quarter valued at approximately $60,000. 27.26% of the stock is owned by hedge funds and other institutional investors.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud delivered exceptional growth. Revenue more than doubled year over year to approximately $30.7 billion, while operating margins expanded and the backlog reached roughly $561 billion. This supports the view that Alphabet’s AI investments are generating demand. Alphabet Cloud Business Article
• Positive Sentiment: Alphabet’s AI platform may create new revenue streams. OpenAI reportedly plans to use Google’s tensor-processing units, while Gemini performance and expanding AI Search advertising could help Alphabet compete in the AI infrastructure market. Analysts including Goldman Sachs and JPMorgan remain constructive, despite lowering price targets. OpenAI Google AI Chips Article
• Positive Sentiment: Valuation has become more attractive. Reports place GOOG’s price-to-earnings ratio near 14.6, the lowest level in many years, prompting some investors to characterize the selloff as a potential long-term buying opportunity. Google Valuation Article
• Neutral Sentiment: Waymo is expanding internationally. Alphabet’s autonomous-driving unit will test Toyota bZ4X robotaxis in Japan and the U.K., but the business remains small and cash-burning. Waymo Toyota Partnership Article
• Negative Sentiment: Quarterly results missed expectations. Alphabet reported approximately $2.12 in earnings per share and $127.6 billion in revenue, below consensus forecasts. Search revenue grew but missed estimates, and AI-powered searches are reportedly harder to monetize than traditional searches. Alphabet Search Earnings Article
• Negative Sentiment: AI spending is straining cash flow. Capital expenditures and infrastructure commitments pushed free cash flow approximately $9 billion negative for the quarter, raising concerns about returns on Alphabet’s enormous AI investment program and potential financing or dilution. Tech Giants AI Spending Article
• Negative Sentiment: Additional earnings pressure came from investments and legal risk. An unrealized loss on Alphabet’s SpaceX stake reduced earnings, while multiple law firms publicized securities class-action deadlines tied to alleged AI disclosures. These lawsuits are largely investor notices, but they add reputational and headline risk. Alphabet Class Action Notice

About Alphabet

Alphabet Inc is a technology holding company best known as the parent organization of Google. Founded in 2015 through a corporate restructuring, Alphabet oversees Google and a collection of businesses focused on technology, online services, communications, artificial intelligence, and other emerging areas.

Google’s principal products and services include its internet search engine, digital advertising platforms, YouTube, Android, Chrome, Google Maps, Google Play, and Google Workspace. The company also provides cloud computing, data storage, cybersecurity, productivity, and artificial intelligence services through Google Cloud.