Alphabet Inc. (NASDAQ:GOOGL – Get Free Report) CEO Sundar Pichai sold 32,500 shares of the stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $299.80, for a total transaction of $9,743,500.00. Following the transaction, the chief executive officer directly owned 2,239,619 shares of the company’s stock, valued at $671,437,776.20. This represents a 1.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Sundar Pichai also recently made the following trade(s):
- On Wednesday, December 3rd, Sundar Pichai sold 32,500 shares of Alphabet stock. The stock was sold at an average price of $319.50, for a total transaction of $10,383,750.00.
- On Wednesday, November 19th, Sundar Pichai sold 32,500 shares of Alphabet stock. The shares were sold at an average price of $296.64, for a total value of $9,640,800.00.
- On Wednesday, November 5th, Sundar Pichai sold 32,500 shares of Alphabet stock. The stock was sold at an average price of $283.48, for a total value of $9,213,100.00.
- On Wednesday, October 15th, Sundar Pichai sold 32,500 shares of Alphabet stock. The shares were sold at an average price of $250.15, for a total value of $8,129,875.00.
- On Wednesday, October 1st, Sundar Pichai sold 32,500 shares of Alphabet stock. The stock was sold at an average price of $243.41, for a total value of $7,910,825.00.
Alphabet Trading Up 1.6%
Shares of GOOGL opened at $307.16 on Friday. Alphabet Inc. has a fifty-two week low of $140.53 and a fifty-two week high of $328.83. The business has a 50-day moving average of $289.19 and a 200 day moving average of $233.80. The firm has a market cap of $3.71 trillion, a P/E ratio of 30.29, a price-to-earnings-growth ratio of 1.75 and a beta of 1.07. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.75 and a current ratio of 1.75.
Alphabet Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 8th were paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, December 8th. Alphabet’s payout ratio is currently 8.28%.
Analyst Ratings Changes
GOOGL has been the subject of several recent research reports. Sanford C. Bernstein lifted their price target on Alphabet from $260.00 to $305.00 and gave the company a “market perform” rating in a research report on Thursday, October 30th. Wedbush restated an “outperform” rating and issued a $350.00 target price (up previously from $320.00) on shares of Alphabet in a research note on Friday. JPMorgan Chase & Co. lifted their target price on Alphabet from $340.00 to $385.00 and gave the company an “overweight” rating in a report on Friday, December 12th. KeyCorp reiterated an “overweight” rating and set a $300.00 price target (up from $265.00) on shares of Alphabet in a research report on Monday, October 27th. Finally, Moffett Nathanson raised their price objective on shares of Alphabet from $305.00 to $315.00 and gave the company a “buy” rating in a research report on Tuesday, November 25th. Four investment analysts have rated the stock with a Strong Buy rating, forty-one have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $315.90.
Get Our Latest Research Report on GOOGL
Alphabet News Roundup
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Google Cloud locked an expanded, multibillion-dollar strategic deal with Palo Alto Networks — reported by Reuters as “approaching $10 billion” — which materially strengthens Cloud revenue outlook and security services momentum. Google Cloud lands deal with Palo Alto Networks
- Positive Sentiment: Citigroup raised its price target to $350 and kept a Buy rating — a notable analyst upgrade that signals upward earnings/valuation expectations and supports short‑term buying interest. Citigroup adjusts price target on Alphabet
- Positive Sentiment: Google reports strong talent flows in AI — ~20% of 2025 AI software engineer hires were “boomerangs” (ex‑employees) — which investors view as a competitive advantage in the AI arms race vs. OpenAI/Anthropic/Meta. Google’s boomerang year
- Neutral Sentiment: Technical/trading signals flagged a Power Inflow alert (benzinga), which can attract short‑term momentum traders but is not a fundamental catalyst. GOOG Hits Intraday High After Key Trading Signal
- Neutral Sentiment: Coverage and thematic stories (Zacks, cloud lists, MarketBeat pieces) are keeping retail/institutional attention on GOOGL as a core cloud and AI holding — supporting flows but not an immediate earnings surprise. Alphabet is a trending stock (Zacks)
- Negative Sentiment: A Spanish consumer group has launched preliminary legal action alleging sensitive data collection and privacy violations — an escalation that could lead to fines or longer-term compliance costs. Spanish consumer group seeks to sue Google in data row
- Negative Sentiment: Mexico’s antitrust authority ordered Google to drop certain Android restrictions — another regulatory action that can pressure mobile‑related revenue/margins and raises the risk of further regional remedies. Mexico’s antitrust commission resolves Android case
- Negative Sentiment: Large insider stock sales were disclosed this week (CEO Sundar Pichai and other executives/directors sold shares), which can be viewed negatively by some investors even if sales are routine or for diversification/tax reasons. SEC filing: Sundar Pichai insider sale
Institutional Investors Weigh In On Alphabet
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Finivi Inc. grew its stake in Alphabet by 1.2% in the 3rd quarter. Finivi Inc. now owns 3,276 shares of the information services provider’s stock worth $796,000 after buying an additional 39 shares in the last quarter. AIA Group Ltd raised its position in shares of Alphabet by 41.4% during the 3rd quarter. AIA Group Ltd now owns 259,966 shares of the information services provider’s stock valued at $63,198,000 after buying an additional 76,083 shares in the last quarter. Alternative Investment Advisors LLC. lifted its holdings in shares of Alphabet by 1.0% during the 3rd quarter. Alternative Investment Advisors LLC. now owns 5,873 shares of the information services provider’s stock worth $1,428,000 after acquiring an additional 57 shares during the last quarter. Mirabella Financial Services LLP grew its position in Alphabet by 110.7% in the third quarter. Mirabella Financial Services LLP now owns 97,678 shares of the information services provider’s stock worth $23,702,000 after acquiring an additional 51,319 shares in the last quarter. Finally, Farmers National Bank grew its position in Alphabet by 72.1% in the third quarter. Farmers National Bank now owns 10,242 shares of the information services provider’s stock worth $2,490,000 after acquiring an additional 4,290 shares in the last quarter. 40.03% of the stock is owned by hedge funds and other institutional investors.
Alphabet Company Profile
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.
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