Street Calls of the Week
Alphabet (NASDAQ:GOOGL) executive John Kent Walker, President, Global Affairs, CLO, sold 17,816 shares of Class C Capital Stock on September 29, 2025, for approximately $4.4 million. The sales occurred at prices ranging from $243.9 to $251.43, with the stock trading near its 52-week high of $256. The tech giant, now valued at $2.96 trillion, has seen impressive gains with a 56% surge over the past six months.
Walker’s sales were executed in multiple transactions. Following these transactions, Walker still indirectly holds 42,985 shares through The Arete Trust, John Kent Walker and Diana Ruth Walsh, Trustees, and directly holds 41,322 shares of Alphabet’s Class C Capital Stock.
Additionally, Walker directly holds 14,198 Class C Google Stock Units, 47,564 Class C Google Stock Units and 80,400 Class C Google Stock Units.
In other recent news, Alphabet Inc., the parent company of Google, has experienced a series of noteworthy developments. The company has made cuts to its Google Cloud division, primarily affecting staff in user experience roles, as employees were informed of their job eliminations via email. In a significant update, Google has expanded its AI Mode in Search to include visual search capabilities, allowing users in the United States to interact with search results through conversational and visual means. This expansion of AI capabilities is further supported by Citizens JMP, which reiterated its Market Outperform rating on Alphabet stock, noting the global rollout of Google AI Mode in Spanish. Wolfe Research also maintained its Outperform rating on Alphabet, despite removing it from its list of top near-term picks. Additionally, TeraWulf Inc. plans to raise approximately $3 billion for data center expansion with support from Google, as revealed by TeraWulf’s CFO, Patrick Fleury. This potential transaction, coordinated by Morgan Stanley, may be introduced to high-yield bond or leveraged loan markets. These recent developments highlight Alphabet’s ongoing efforts in AI expansion and strategic collaborations.
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