Representative Cleo Fields (D-Louisiana) recently bought shares of Alphabet Inc. (NASDAQ:GOOGL). In a filing disclosed on December 17th, the Representative disclosed that they had bought between $15,001 and $50,000 in Alphabet stock on December 15th. The trade occurred in the Representative’s “MORGAN STANLEY – E*TRADE #2” account.
Representative Cleo Fields also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of SoundHound AI (NASDAQ:SOUN) on 12/15/2025.
- Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 12/15/2025.
- Sold $15,001 – $50,000 in shares of CoreWeave (NASDAQ:CRWV) on 12/11/2025.
- Sold $15,001 – $50,000 in shares of AT&T (NYSE:T) on 12/11/2025.
- Purchased $100,001 – $250,000 in shares of Alphabet (NASDAQ:GOOGL) on 12/11/2025.
- Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 12/11/2025.
- Sold $50,001 – $100,000 in shares of ARM (NASDAQ:ARM) on 12/11/2025.
- Sold $50,001 – $100,000 in shares of Uber Technologies (NYSE:UBER) on 12/11/2025.
- Purchased $1,001 – $15,000 in shares of IREN (NASDAQ:IREN) on 12/9/2025.
- Purchased $50,001 – $100,000 in shares of Alphabet (NASDAQ:GOOGL) on 12/9/2025.
Alphabet Stock Up 1.6%
NASDAQ GOOGL traded up $4.70 on Friday, reaching $307.16. The company had a trading volume of 59,693,961 shares, compared to its average volume of 40,865,352. The firm has a market capitalization of $3.71 trillion, a price-to-earnings ratio of 30.29, a price-to-earnings-growth ratio of 1.75 and a beta of 1.07. Alphabet Inc. has a 1-year low of $140.53 and a 1-year high of $328.83. The company’s fifty day moving average is $289.19 and its 200-day moving average is $233.80. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.75 and a current ratio of 1.75.
Alphabet Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 8th were issued a dividend of $0.21 per share. The ex-dividend date was Monday, December 8th. This represents a $0.84 annualized dividend and a yield of 0.3%. Alphabet’s payout ratio is currently 8.28%.
Hedge Funds Weigh In On Alphabet
Hedge funds have recently made changes to their positions in the business. Delta Asset Management LLC TN boosted its holdings in shares of Alphabet by 0.6% in the third quarter. Delta Asset Management LLC TN now owns 6,153 shares of the information services provider’s stock valued at $1,496,000 after purchasing an additional 37 shares during the period. Second Line Capital LLC increased its holdings in shares of Alphabet by 0.8% during the third quarter. Second Line Capital LLC now owns 4,417 shares of the information services provider’s stock valued at $1,074,000 after acquiring an additional 37 shares in the last quarter. Matisse Capital boosted its stake in Alphabet by 0.3% in the 3rd quarter. Matisse Capital now owns 14,814 shares of the information services provider’s stock worth $3,601,000 after purchasing an additional 38 shares in the last quarter. Rialto Wealth Management LLC raised its holdings in shares of Alphabet by 1.7% in the third quarter. Rialto Wealth Management LLC now owns 2,226 shares of the information services provider’s stock worth $541,000 after buying an additional 38 shares during the last quarter. Finally, Hodges Capital Management Inc. raised its stake in shares of Alphabet by 0.5% in the third quarter. Hodges Capital Management Inc. now owns 6,963 shares of the information services provider’s stock worth $1,693,000 after purchasing an additional 38 shares during the last quarter. 40.03% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several research analysts recently issued reports on GOOGL shares. Canaccord Genuity Group raised their target price on Alphabet from $270.00 to $330.00 and gave the stock a “buy” rating in a research report on Thursday, October 30th. BNP Paribas Exane assumed coverage on Alphabet in a report on Monday, November 24th. They issued an “outperform” rating and a $355.00 target price on the stock. CICC Research raised their price objective on Alphabet from $240.00 to $303.00 and gave the company an “outperform” rating in a research note on Friday, October 31st. Moffett Nathanson lifted their price target on Alphabet from $305.00 to $315.00 and gave the stock a “buy” rating in a report on Tuesday, November 25th. Finally, The Goldman Sachs Group lifted their price target on shares of Alphabet from $288.00 to $330.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. Four analysts have rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, Alphabet currently has a consensus rating of “Moderate Buy” and a consensus target price of $315.90.
View Our Latest Analysis on GOOGL
Insider Buying and Selling
In other news, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $299.80, for a total value of $9,743,500.00. Following the sale, the chief executive officer directly owned 2,239,619 shares of the company’s stock, valued at $671,437,776.20. The trade was a 1.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director John L. Hennessy sold 600 shares of Alphabet stock in a transaction on Monday, December 15th. The stock was sold at an average price of $308.19, for a total transaction of $184,914.00. Following the sale, the director directly owned 3,916 shares in the company, valued at approximately $1,206,872.04. This trade represents a 13.29% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 226,128 shares of company stock valued at $63,183,331 over the last quarter. 11.64% of the stock is currently owned by company insiders.
Alphabet News Summary
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Google Cloud locked an expanded, multibillion-dollar strategic deal with Palo Alto Networks — reported by Reuters as “approaching $10 billion” — which materially strengthens Cloud revenue outlook and security services momentum. Google Cloud lands deal with Palo Alto Networks
- Positive Sentiment: Citigroup raised its price target to $350 and kept a Buy rating — a notable analyst upgrade that signals upward earnings/valuation expectations and supports short‑term buying interest. Citigroup adjusts price target on Alphabet
- Positive Sentiment: Google reports strong talent flows in AI — ~20% of 2025 AI software engineer hires were “boomerangs” (ex‑employees) — which investors view as a competitive advantage in the AI arms race vs. OpenAI/Anthropic/Meta. Google’s boomerang year
- Neutral Sentiment: Technical/trading signals flagged a Power Inflow alert (benzinga), which can attract short‑term momentum traders but is not a fundamental catalyst. GOOG Hits Intraday High After Key Trading Signal
- Neutral Sentiment: Coverage and thematic stories (Zacks, cloud lists, MarketBeat pieces) are keeping retail/institutional attention on GOOGL as a core cloud and AI holding — supporting flows but not an immediate earnings surprise. Alphabet is a trending stock (Zacks)
- Negative Sentiment: A Spanish consumer group has launched preliminary legal action alleging sensitive data collection and privacy violations — an escalation that could lead to fines or longer-term compliance costs. Spanish consumer group seeks to sue Google in data row
- Negative Sentiment: Mexico’s antitrust authority ordered Google to drop certain Android restrictions — another regulatory action that can pressure mobile‑related revenue/margins and raises the risk of further regional remedies. Mexico’s antitrust commission resolves Android case
- Negative Sentiment: Large insider stock sales were disclosed this week (CEO Sundar Pichai and other executives/directors sold shares), which can be viewed negatively by some investors even if sales are routine or for diversification/tax reasons. SEC filing: Sundar Pichai insider sale
About Representative FIELDS
Cleo Fields (Democratic Party) is a member of the U.S. House, representing Louisiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Fields (Democratic Party) is running for re-election to the U.S. House to represent Louisiana’s 6th Congressional District. He declared candidacy for the primary scheduled on November 3, 2026.
Cleo Fields graduated from McKinley High School in 1980. He earned a bachelor’s degree in mass communications from Southern University in 1984 and a J.D. from the Southern University Law Center in 1987. His career experience includes working as a state legislator and U.S. congressman. When Fields was elected to the Louisiana State Senate in 1986, he was the youngest person ever elected to the State Senate in Louisiana’s history. In 1995, Fields ran for governor of Louisiana, becoming the first African American since reconstruction to make the runoff.
About Alphabet
Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.
Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.
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