Representative Cleo Fields (Democratic-Louisiana) recently bought shares of Alphabet Inc. (NASDAQ:GOOG). In a filing disclosed on June 26th, the Representative disclosed that they had bought between $1,001 and $15,000 in Alphabet stock on June 15th. The trade occurred in the Representative’s “MORGAN STANLEY – E*TRADE #2” account.
Representative Cleo Fields also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 6/11/2026.
- Purchased $1,001 – $15,000 in shares of Quantinuum (NASDAQ:QNT) on 6/4/2026.
- Purchased $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 5/14/2026.
- Purchased $1,001 – $15,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 4/9/2026.
Alphabet Price Performance
Alphabet stock opened at $351.28 on Tuesday. The business’s 50-day simple moving average is $366.70 and its 200 day simple moving average is $332.30. The stock has a market cap of $4.26 trillion, a price-to-earnings ratio of 26.79, a P/E/G ratio of 1.43 and a beta of 1.23. Alphabet Inc. has a 12-month low of $173.88 and a 12-month high of $404.47. 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 Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 8th were paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. This is a boost from Alphabet’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend was Monday, June 8th. Alphabet’s payout ratio is currently 6.71%.
Analysts Set New Price Targets
A number of research firms recently commented on GOOG. Weiss Ratings reiterated a “buy (b)” rating on shares of Alphabet in a report on Monday, April 20th. Scotiabank restated an “outperform” rating and set a $450.00 target price (up from $400.00) on shares of Alphabet in a report on Thursday, April 30th. Freedom Capital cut Alphabet from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 4th. JPMorgan Chase & Co. increased their price target on shares of Alphabet from $395.00 to $460.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Finally, Oppenheimer boosted their price target on shares of Alphabet from $425.00 to $445.00 and gave the company an “outperform” rating in a report on Friday, May 15th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $376.78.
Check Out Our Latest Analysis on GOOG
Insider Buying and Selling at Alphabet
In related news, CAO Amie Thuener O’toole sold 617 shares of Alphabet stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $289.63, for a total transaction of $178,701.71. Following the completion of the sale, the chief accounting officer owned 10,093 shares of the company’s stock, valued at approximately $2,923,235.59. The trade was a 5.76% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of the stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $23.75, for a total transaction of $2,077,531.25. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 151,972 shares of company stock worth $5,016,958. 12.99% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On Alphabet
Hedge funds have recently modified their holdings of the stock. Imprint Wealth LLC bought a new stake in shares of Alphabet during the 3rd quarter worth approximately $31,000. Nvest Wealth Strategies Inc. bought a new stake in Alphabet in the fourth quarter valued at approximately $38,000. Lifetime Wealth Management P.C. acquired a new position in shares of Alphabet during the 4th quarter worth approximately $38,000. Bard Associates Inc. bought a new stake in Alphabet in the 4th quarter valued at $41,000. Finally, Towne Trust Company N.A raised its stake in Alphabet by 34.0% in the 4th quarter. Towne Trust Company N.A now owns 134 shares of the information services provider’s stock valued at $42,000 after acquiring an additional 34 shares during the period. Institutional investors own 27.26% of the company’s stock.
Alphabet News Roundup
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Alphabet’s inclusion in the Dow Jones is driving index-fund buying and signaling elevated status among large-cap tech names, which has supported the stock. Alphabet debuts in Dow Jones Industrial Average as index tilts toward tech
- Positive Sentiment: Investors are also encouraged by ongoing AI and cloud demand, with articles citing strong revenue growth, expanding backlog, and the possibility that Google’s compute constraints reflect robust customer demand rather than weakness. GOOGL Stock Gets Dow Boost, but Investors Question Alphabet’s AI Spending Payoff
- Positive Sentiment: Analyst sentiment remains supportive, with several firms maintaining buy or outperform ratings and price targets well above the current trading range. Jefferies Maintain a Buy Rating on Alphabet (GOOGL)
- Neutral Sentiment: One insider sale was disclosed, but the transaction was relatively small and does not appear material enough on its own to change the investment thesis. Alphabet insider sale filing
- Negative Sentiment: Some investors remain concerned that Alphabet’s heavy AI spending may take time to translate into returns, and reports of compute shortages or capped Gemini access could raise questions about near-term margins and capacity. Google Limits Meta’s AI Access
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 (NASDAQ: GOOG) is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as “Other Bets.” Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company’s history.
Alphabet’s core business centers on internet search and advertising, with Google Search and the company’s ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.
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