Alphabet (GOOGL) Stock: CLO Sells $14M Days After Earnings Beat

TLDR

• Alphabet insider John Kent Walker sold 47,574 GOOGL shares on Feb. 17 for ~$14.34 million, cutting his stake by 78.25%.
• The sale was made through the Arete Trust at prices ranging from $297.70 to $304.47.
• Alphabet beat Q4 estimates with EPS of $2.82 vs. $2.59 expected and revenue of $113.83B, up 18% year-over-year.
• GOOGL trades around $303, with a P/E of 28 and a consensus analyst price target of $343.90.
• Alphabet declared a $0.21 quarterly dividend payable March 16, yielding roughly 0.3%.

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John Kent Walker, Alphabet’s Chief Legal Officer and President of Global Affairs, sold 47,574 shares of Class C stock on February 17, 2026, pocketing roughly $14.34 million.

Alphabet Inc., GOOGL

The shares were sold through the Arete Trust, where Walker serves as co-trustee alongside Diana Ruth Walsh. Prices ranged from $297.70 to $304.47 per share.

The move cut Walker’s position by 78.25%. He now holds 13,227 shares indirectly through the trust, plus 23,939 shares directly. The transaction was filed with the SEC.

It’s not Walker’s first recent sale. Back in December 2024, he sold 17,829 shares at an average of $314.89 for around $5.6 million.

Strong Quarter Behind the Sale

The timing is worth noting. The sale came just two weeks after Alphabet posted a strong Q4 on February 4, 2026.

EPS came in at $2.82, beating the $2.59 consensus by $0.23. Revenue hit $113.83 billion, ahead of the $111.24 billion estimate and up 18% from the same period last year.

Net margin was 32.81% and return on equity stood at 35.01%. Full-year EPS is expected to come in around $8.89.

Alphabet also declared a quarterly dividend of $0.21 per share, payable March 16, with an ex-dividend date of March 9. The annualized yield sits at roughly 0.3%.

Where GOOGL Stands Now

GOOGL is trading around $303.56, with a P/E of 28.08 and a market cap of $3.67 trillion. The 52-week range runs from $142.66 to $350.15, and the stock is up roughly 65% over the past year.

The consensus analyst rating is “Buy” with an average price target of $343.90. KeyCorp has a $370 target, Citizens sits at $385 with a Market Outperform, and UBS holds a neutral at $348.

Institutional buyers remain active. Vanguard raised its stake by 2% in Q4, and J. Stern & Co. increased its position by over 28,000% in the same period.

On the product side, Alphabet launched Gemini 3.1 Pro, scoring 77.1% on the ARC-AGI-2 benchmark. New AI partnerships with Sea Ltd and Apple were also announced.

Waymo faced a setback after New York dropped a proposal to expand robotaxi services outside NYC.

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