Alphabet (NASDAQ:GOOGL) Stock Acquired Rep. Michael A. Rulli

Representative Michael A. Rulli (Republican-Ohio) recently bought shares of Alphabet Inc. (NASDAQ:GOOGL). In a filing disclosed on August 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in Alphabet stock on June 29th. The trade occurred in the Representative’s “MERRILL LYNCH MANAGED ACCOUNT” account.

Representative Michael A. Rulli also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Crown Castle (NYSE:CCI) on 8/6/2026.
• Sold $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 7/1/2026.
• Purchased $1,001 – $15,000 in shares of KLA (NASDAQ:KLAC) on 7/1/2026.
• Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 6/25/2026.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 6/25/2026.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 6/25/2026.
• Purchased $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 6/25/2026.
• Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 6/25/2026.
• Sold $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 6/25/2026.

Alphabet Trading Up 0.9%

Shares of GOOGL opened at $357.52 on Tuesday. Alphabet Inc. has a 12-month low of $196.60 and a 12-month high of $408.61. The firm has a market capitalization of $4.37 trillion, a P/E ratio of 17.96, a P/E/G ratio of 0.99 and a beta of 1.24. The firm has a 50-day moving average price of $355.30 and a 200 day moving average price of $340.74. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, topping the consensus estimate of $2.89 by $6.22. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.The business had revenue of $119.80 billion during the quarter, compared to analyst estimates of $117.07 billion. Sell-side analysts forecast that Alphabet Inc. will post 20.51 EPS for the current year.

Alphabet Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 14th. Shareholders of record on Monday, September 7th will be paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Friday, September 4th. Alphabet’s dividend payout ratio (DPR) is 4.42%.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on GOOGL shares. Dbs Bank upped their target price on Alphabet from $400.00 to $460.00 in a research report on Thursday, May 7th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $390.00 price target (up from $345.00) on shares of Alphabet in a research report on Thursday, April 30th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $420.00 price objective (down from $435.00) on shares of Alphabet in a research note on Thursday, July 23rd. President Capital increased their price objective on Alphabet from $375.00 to $465.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Finally, Piper Sandler restated an “overweight” rating and set a $395.00 target price (down from $445.00) on shares of Alphabet in a research report on Thursday, July 23rd. Six investment analysts have rated the stock with a Strong Buy rating, forty-four have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $419.86.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Strategic Wealth Advisors LLC increased its stake in shares of Alphabet by 6.0% during the first quarter. Strategic Wealth Advisors LLC now owns 477 shares of the information services provider’s stock worth $137,000 after acquiring an additional 27 shares during the period. Rockbridge Investment Management LCC raised its stake in shares of Alphabet by 0.5% during the 1st quarter. Rockbridge Investment Management LCC now owns 5,460 shares of the information services provider’s stock worth $1,570,000 after buying an additional 27 shares in the last quarter. Ruggaard & Associates LLC lifted its holdings in shares of Alphabet by 0.9% in the 1st quarter. Ruggaard & Associates LLC now owns 2,921 shares of the information services provider’s stock valued at $840,000 after buying an additional 27 shares during the period. Cadia Private Client LLC lifted its holdings in shares of Alphabet by 1.1% in the 1st quarter. Cadia Private Client LLC now owns 2,589 shares of the information services provider’s stock valued at $744,000 after buying an additional 28 shares during the period. Finally, Evansbrook LLC boosted its stake in shares of Alphabet by 0.3% in the first quarter. Evansbrook LLC now owns 9,522 shares of the information services provider’s stock valued at $2,738,000 after buying an additional 28 shares in the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s Google Cloud business remains the strongest fundamental catalyst. Recent reports highlighted 82% year-over-year revenue growth and a contracted backlog of approximately $514 billion, suggesting robust demand for AI and cloud infrastructure. Alphabet’s Cloud Computing Business Just Posted 82% Revenue Growth
• Positive Sentiment: Alphabet’s decision to raise 2026 capital expenditures to roughly $205 billion signals confidence in sustained AI demand and could strengthen its competitive position in cloud computing, search and AI services. The spending is also viewed as a potential tailwind for technology-focused ETFs. Alphabet’s Higher AI Spending Could Boost These ETFs
• Positive Sentiment: Google Play is adding Venmo as a payment option for apps, games and digital content, a modestly positive development that could improve checkout convenience and support transaction activity. Google Play adds Venmo as a payment option
• Neutral Sentiment: Alphabet continues to be identified by investment commentary as one of the leading AI stocks, supported by its financial resources, cloud growth and large-scale infrastructure investments. However, the stock’s outlook remains tied to whether those investments generate sufficient returns. Is Alphabet Still One of the Best AI Stocks to Own?
• Negative Sentiment: The $205 billion investment plan increases execution and return-on-capital risk. Reports that Meta could spend as much as $145 billion on AI, while major productivity gains remain elusive, reinforce investor concerns that the industry may be overspending before monetization is proven. Zuckerberg Plans to Spend $145 Billion on AI This Year
• Negative Sentiment: Google AI Overviews reportedly generated inaccurate or damaging descriptions of a small business, raising concerns about search quality, reputational harm and potential regulatory or liability costs. The new Google is destroying small businesses’ reputations
• Negative Sentiment: Google remains among the platforms facing thousands of user-addiction lawsuits after unsuccessful appeals, creating a continuing legal and financial overhang. Social media platforms still facing thousands of user addiction lawsuits
• Negative Sentiment: Waymo’s rapid expansion is exposing more “edge cases” involving driverless vehicles, highlighting operational, safety and regulatory risks for Alphabet’s autonomous-driving investment. Waymo Is Growing Faster Than Ever. So Are Its Edge Cases

Insider Buying and Selling

In related news, Director John L. Hennessy sold 1,050 shares of the company’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $368.63, for a total transaction of $387,061.50. Following the transaction, the director owned 1,481 shares of the company’s stock, valued at $545,941.03. This represents a 41.49% 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, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the stock in a transaction on Monday, July 27th. The stock was sold at an average price of $19.46, for a total value of $3,832,277.26. The SEC filing for this sale provides additional information. Insiders have sold 600,547 shares of company stock valued at $16,255,540 over the last quarter. Company insiders own 11.61% of the company’s stock.

About Representative Rulli

Michael Rulli (Republican Party) is a member of the U.S. House, representing Ohio’s 6th Congressional District. He assumed office on June 25, 2024. His current term ends on January 3, 2027.

Rulli (Republican Party) is running for re-election to the U.S. House to represent Ohio’s 6th Congressional District. He declared candidacy for the 2026 election.

Michael Rulli graduated from Poland Seminary High School. He earned a degree from Emerson College. Rulli’s career experience includes working as the director of operations with Rulli Bros. Markets.

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.