Rep. Matthew Robert Van Epps Sells Off Shares of Alphabet Inc. (NASDAQ:GOOGL)

Representative Matthew Robert Van Epps (Republican-Tennessee) recently sold shares of Alphabet Inc. (NASDAQ:GOOGL). In a filing disclosed on June 17th, the Representative disclosed that they had sold between $1,001 and $15,000 in Alphabet stock on June 16th. The trade occurred in the Representative’s “SCHWAB ONE ACCOUNT” account.

Representative Matthew Robert Van Epps also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 6/16/2026.
• Sold $1,001 – $15,000 in shares of Southwest Airlines (NYSE:LUV) on 6/16/2026.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 6/16/2026.
• Sold $15,001 – $50,000 in shares of Tapestry (NYSE:TPR) on 6/16/2026.
• Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 6/16/2026.
• Sold $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 6/16/2026.
• Sold $1,001 – $15,000 in shares of ExxonMobil (NYSE:XOM) on 6/16/2026.
• Sold $1,001 – $15,000 in shares of GE Aerospace (NYSE:GE) on 6/16/2026.
• Sold $1,001 – $15,000 in shares of GE Vernova (NYSE:GEV) on 6/16/2026.
• Sold $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 6/16/2026.

Alphabet Trading Down 1.0%

Alphabet stock traded down $3.62 during midday trading on Thursday, reaching $341.67. The stock had a trading volume of 11,517,663 shares, compared to its average volume of 32,022,740. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a 52-week low of $169.94 and a 52-week high of $408.61. The firm has a market cap of $4.14 trillion, a price-to-earnings ratio of 26.13, a price-to-earnings-growth ratio of 1.48 and a beta of 1.23. The company has a fifty day moving average of $368.72 and a 200 day moving average of $332.69.

Alphabet (NASDAQ:GOOGL) last announced its earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.64 by $2.47. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The business had revenue of $109.90 billion during the quarter, compared to analyst estimates of $106.98 billion. On average, analysts anticipate that Alphabet Inc. will post 14.3 earnings per share for the current fiscal year.

Alphabet Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 8th were issued a $0.22 dividend. This is a boost from Alphabet’s previous quarterly dividend of $0.21. The ex-dividend date was Monday, June 8th. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is 6.71%.

Wall Street Analyst Weigh In

Several brokerages have commented on GOOGL. The Goldman Sachs Group upped their price objective on Alphabet from $400.00 to $450.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Bank of America boosted their price objective on shares of Alphabet from $370.00 to $430.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Alphabet in a research report on Monday, April 20th. Wolfe Research decreased their price target on shares of Alphabet from $390.00 to $360.00 and set an “outperform” rating for the company in a research note on Friday, April 10th. Finally, Morgan Stanley increased their price objective on Alphabet from $330.00 to $375.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Two analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $413.13.

Insider Transactions at Alphabet

In other news, insider John Kent Walker sold 8,993 shares of the company’s stock in a transaction that occurred on Friday, March 27th. The stock was sold at an average price of $275.89, for a total transaction of $2,481,078.77. Following the completion of the transaction, the insider directly owned 51,808 shares of the company’s stock, valued at approximately $14,293,309.12. This represents a 14.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Frances Arnold sold 102 shares of the stock in a transaction on Friday, May 29th. The stock was sold at an average price of $381.00, for a total value of $38,862.00. Following the completion of the sale, the director directly owned 18,721 shares in the company, valued at $7,132,701. This represents a 0.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 160,516 shares of company stock valued at $7,344,604 over the last 90 days. Corporate insiders own 11.61% of the company’s stock.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet was added to the Dow Jones Industrial Average, replacing Verizon, a move that can increase visibility and index-fund demand for the stock. Article Title
• Positive Sentiment: Several reports highlighted Alphabet’s AI infrastructure strength and rapid Google Cloud growth, reinforcing the view that enterprise AI demand is still supporting the company’s long-term growth story. Article Title
• Positive Sentiment: Jefferies reaffirmed its buy rating on Alphabet, adding another supportive signal for investors despite the recent pullback. Article Title
• Neutral Sentiment: Alphabet’s YouTube unit settled a lawsuit over alleged social media harm to children, removing a legal overhang but not likely moving the stock much on its own. Article Title
• Neutral Sentiment: Google delayed the launch of Gemini 3.5 Pro to July, saying it wants to refine the model further, which signals continued AI development but also a slower rollout. Article Title
• Negative Sentiment: Multiple stories pointed to AI researcher departures from Google to rivals like Anthropic and OpenAI, raising concerns that Alphabet is losing key talent in a critical growth area. Article Title
• Negative Sentiment: Sentiment also weakened on reports that Google is losing ground in search and faces fresh competitive challenges, which could pressure investor confidence in its core business. Article Title

Hedge Funds Weigh In On Alphabet

Several hedge funds and other institutional investors have recently bought and sold shares of GOOGL. Brighton Jones LLC grew its stake in shares of Alphabet by 3.9% during the 4th quarter. Brighton Jones LLC now owns 110,330 shares of the information services provider’s stock valued at $20,886,000 after buying an additional 4,110 shares during the period. Revolve Wealth Partners LLC increased its holdings in Alphabet by 3.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 14,930 shares of the information services provider’s stock worth $2,826,000 after purchasing an additional 506 shares during the last quarter. Matrix Asset Advisors Inc. NY increased its holdings in Alphabet by 17.6% during the 2nd quarter. Matrix Asset Advisors Inc. NY now owns 3,888 shares of the information services provider’s stock worth $685,000 after purchasing an additional 581 shares during the last quarter. Sequoia Financial Advisors LLC boosted its stake in shares of Alphabet by 11.2% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 485,486 shares of the information services provider’s stock valued at $85,557,000 after buying an additional 48,805 shares during the last quarter. Finally, United Bank grew its position in shares of Alphabet by 6.9% during the second quarter. United Bank now owns 48,204 shares of the information services provider’s stock worth $8,495,000 after buying an additional 3,120 shares in the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.

About Representative Van Epps

Matthew Robert Van Epps (born March 29, 1983) is an American politician and former Army officer serving as the U.S representative for Tennessee’s 7th congressional district since December 2025. A member of the Republican Party, he was elected in the 2025 special election. He previously served as the commissioner of the Tennessee Department of General Services from 2024 to 2025. He was sworn in on December 4, 2025.

Alphabet Company Profile

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.