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Alphabet Inc. (NASDAQ:GOOGL), the $2.22 trillion tech giant currently trading at $182.97, saw Director John L. Hennessy sell a total of 400 shares of Class C Capital Stock on July 14, 2025, for approximately $72,792. The sales occurred at weighted average prices ranging from $181.50 to $182.57. According to InvestingPro analysis, Alphabet maintains a "GREAT" financial health score, with the company currently appearing undervalued based on its Fair Value estimate.
The transactions involved multiple sales. 119 shares were sold at prices ranging from $181.17 to $182.05, 81 shares were sold at prices ranging from $182.25 to $183.04, 92 shares were sold at prices ranging from $180.85 to $181.84, 98 shares were sold at prices ranging from $181.88 to $182.83, and 10 shares were sold at $182.03. With Alphabet’s next earnings report scheduled for July 23, 2025, InvestingPro subscribers can access comprehensive insider trading analysis and 11 additional key insights about GOOGL’s financial performance.
Following these transactions, Hennessy’s trust directly owns 6,013 shares of Class C Capital Stock. He also indirectly owns 21,824 shares of Class A Common Stock through a trust.
In addition, Hennessy directly holds 1,127, 2,041, 2,103 and 2,879 Class C Google Stock Units.
All sale transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on November 5, 2024.
In other recent news, Alphabet has made significant advancements in artificial intelligence with the introduction of Gemini 2.5 Pro to its Search platform. This update enhances AI capabilities, allowing users to tackle complex questions and generate comprehensive reports. Meanwhile, Cantor Fitzgerald has raised its price target for Alphabet to $196, maintaining a Neutral rating, as it anticipates strong performance in the company’s core search and YouTube businesses. The firm expects Alphabet to exceed Wall Street estimates for revenue and earnings, citing growth in cloud revenue driven by AI demand. Similarly, Needham has increased its price target to $210, maintaining a Buy rating, and highlights Alphabet’s strategic position in digital advertising and the potential of its generative AI technology.
In other developments, Advanced Micro Devices (NASDAQ:AMD) has resumed shipments of its MI308X AI GPU to China, following U.S. Department of Commerce approval. Despite the lower margins of this GPU, the resumption is noteworthy given the previous estimated $1.5 billion revenue impact from export restrictions. Additionally, Rivian Automotive (NASDAQ:RIVN) has partnered with Google to integrate Google Maps into its navigation system, enhancing its in-vehicle technology offerings. This collaboration allows Rivian drivers to access Google’s routing and traffic insights while maintaining Rivian-specific features. These updates reflect ongoing strategic movements in the tech and automotive sectors.
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