Feb 21 - According to a report, Alphabet Inc (GOOG, Financial). executive John Kent Walker sold $3.28 million in stock in transactions that drew attention on February 18, 2025. Walker sold 17,690 shares of Alphabet's Class C Capital Stock at prices ranging between $184.40 and $187.05 per share. The sale occurs as part of a pre-arranged Rule 10b5-1 Trading Plan set up on May 29, 2024, and leaves him with 43,111 shares held indirectly through the Arete Trust alongside co?trustee Diana Ruth Walsh.
Investors are interested in determining management's opinion on Alphabet and the company's near future, so they track insider activity. Analysts say that strong revenue growth and a market cap higher than $2 trillion are evidence of Alphabet's great performance.
Another development is that Alphabet's European unit paid a $340 million tax charge to Milan prosecutors, effectively clearing the slate of legal issues covered between 2015 and 2019. The company also announced plans to incorporate Bitcoin wallet authentication via a Web3 specialist. In this case, investors have been debating splitting conventional digital identities with decentralized asset management, which is this initiative.
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