Alphabet (NASDAQ:GOOG) Director Sells $387,061.50 in Stock

18 Jun 2026, 23:09 by Michael Walen · The Markets Daily

Alphabet Inc. (NASDAQ:GOOG – Get Free Report) Director John Hennessy sold 1,050 shares of Alphabet stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $368.63, for a total value of $387,061.50. Following the completion of the transaction, the director owned 1,481 shares of the company’s stock, valued at approximately $545,941.03. The trade was a 41.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Alphabet Stock Performance

Shares of NASDAQ:GOOG traded up $5.36 during trading on Thursday, hitting $367.46. 29,255,885 shares of the company traded hands, compared to its average volume of 21,219,699. The stock has a market capitalization of $4.45 trillion, a price-to-earnings ratio of 28.03, a PEG ratio of 1.59 and a beta of 1.22. The business’s fifty day moving average is $361.98 and its 200-day moving average is $330.47. Alphabet Inc. has a one year low of $163.33 and a one year high of $404.47. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.16.

Alphabet (NASDAQ:GOOG – Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.68 by $2.43. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The business had revenue of $109.90 billion for the quarter, compared to the consensus estimate of $106.96 billion. During the same quarter last year, the business posted $2.81 EPS. The business’s revenue was up 21.8% on a year-over-year basis. As a group, equities analysts predict that Alphabet Inc. will post 14.3 earnings per share for the current fiscal year.

Alphabet Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 8th were paid a $0.22 dividend. The ex-dividend date was Monday, June 8th. This is a positive change from Alphabet’s previous quarterly dividend of $0.21. This represents a $0.88 dividend on an annualized basis and a yield of 0.2%. Alphabet’s dividend payout ratio (DPR) is 6.71%.

Institutional Investors Weigh In On Alphabet

Several institutional investors have recently bought and sold shares of GOOG. Auto Owners Insurance Co lifted its stake in shares of Alphabet by 38,409.2% in the 4th quarter. Auto Owners Insurance Co now owns 179,836,276 shares of the information services provider’s stock worth $5,643,262,000 after acquiring an additional 179,369,280 shares during the period. J. Stern & Co. LLP boosted its holdings in shares of Alphabet by 28,482.8% in the fourth quarter. J. Stern & Co. LLP now owns 112,091,870 shares of the information services provider’s stock valued at $35,174,429,000 after acquiring an additional 111,699,704 shares in the last quarter. Norges Bank acquired a new position in shares of Alphabet during the fourth quarter valued at approximately $18,093,665,000. Cardano Risk Management B.V. increased its stake in shares of Alphabet by 850.3% during the fourth quarter. Cardano Risk Management B.V. now owns 17,692,600 shares of the information services provider’s stock valued at $5,551,938,000 after acquiring an additional 15,830,754 shares during the period. Finally, Vanguard Group Inc. increased its stake in shares of Alphabet by 2.0% during the fourth quarter. Vanguard Group Inc. now owns 421,013,782 shares of the information services provider’s stock valued at $132,114,125,000 after acquiring an additional 8,128,234 shares during the period. Institutional investors and hedge funds own 27.26% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on GOOG. Needham & Company LLC set a $400.00 price target on shares of Alphabet and gave the stock a “buy” rating in a research report on Friday, March 13th. Oppenheimer boosted their target price on shares of Alphabet from $425.00 to $445.00 and gave the company an “outperform” rating in a research note on Friday, May 15th. Truist Financial set a $430.00 target price on shares of Alphabet in a research report on Monday, June 1st. Citigroup restated a “market outperform” rating on shares of Alphabet in a research note on Monday, June 1st. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $450.00 price target on shares of Alphabet in a report on Thursday, May 21st. Five investment analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Alphabet presently has an average rating of “Buy” and an average target price of $376.78.

View Our Latest Stock Report on Alphabet

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

Positive Sentiment: Alphabet continues to benefit from strong AI and cloud positioning, with reports highlighting rising AI spending, Google Cloud momentum, and a major HSBC partnership to expand AI usage on Google Cloud. HSBC partners with Google Cloud to expand AI usage
Positive Sentiment: Alphabet also got a boost from headlines about a $1.5 billion investment to expand its Alabama data center campus, reinforcing confidence in long-term infrastructure spending to support AI demand. Alphabet Announces $1.5 Billion Investment Across 2026 And 2027 To Expand Its Alabama Data Center Campus
Positive Sentiment: Several articles pointed to Alphabet’s improving earnings and cloud backlog, which supports the bull case that growth in search, cloud, and AI is still accelerating. Forget SpaceX. Alphabet Just Beat Earnings by 94% and Doubled Its Cloud Backlog to $460 Billion
Positive Sentiment: Berkshire Hathaway reportedly nearly tripled its Alphabet stake, a notable vote of confidence from a major long-term investor. Warren Buffett Just Tripled Down on the Stock Bill Ackman Is Selling
Neutral Sentiment: Alphabet’s new smart-home speaker and Gemini-related product launches show continued product innovation, but the near-term stock impact appears limited unless adoption proves strong. Google bets on Gemini to reinvent the smart home speaker
Negative Sentiment: Waymo recalled about 3,800 robotaxis after some vehicles drove into freeway construction zones, renewing safety concerns around Alphabet’s autonomous driving business. Waymo to recall over 3,800 robotaxis over risk of entering closed construction zones
Negative Sentiment: Alphabet also faces pressure from the departure of Gemini co-lead Noam Shazeer to OpenAI, which could raise worries about AI talent retention in a competitive market. Google’s Gemini co-lead Noam Shazeer to join OpenAI
Negative Sentiment: New UK search transparency requirements add to Alphabet’s ongoing regulatory scrutiny, which could pressure margins or limit flexibility in search monetization over time. UK regulator sets out conduct requirements for Google’s search services

Alphabet Company Profile

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Alphabet Inc (NASDAQ: GOOG) is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as “Other Bets.” Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company’s history.

Alphabet’s core business centers on internet search and advertising, with Google Search and the company’s ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.