Rep. Michael A. Rulli Sells Alphabet Inc. (NASDAQ:GOOGL) Shares

Representative Michael A. Rulli (Republican-Ohio) recently sold shares of Alphabet Inc. (NASDAQ:GOOGL). In a filing disclosed on August 25th, the Representative disclosed that they had sold between $50,001 and $100,000 in Alphabet stock on August 24th. The trade occurred in the Representative’s “MERRILL LYNCH ROTH IRA” 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 Alphabet (NASDAQ:GOOGL) on 6/29/2026.
• 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 Stock Performance

Shares of GOOGL opened at $342.00 on Thursday. Alphabet Inc. has a 1 year low of $205.65 and a 1 year high of $408.61. The company’s 50 day simple moving average is $350.61 and its 200 day simple moving average is $341.58. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. The company has a market capitalization of $4.18 trillion, a price-to-earnings ratio of 17.18, a PEG ratio of 0.97 and a beta of 1.24.

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

Alphabet Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, September 14th. Stockholders of record on Monday, September 7th will be issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Friday, September 4th. Alphabet’s payout ratio is 4.42%.

Insider Buying and Selling

In other news, insider John Kent Walker sold 8,998 shares of the firm’s stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $349.29, for a total value of $3,142,911.42. Following the transaction, the insider owned 75,290 shares in the company, valued at $26,298,044.10. This trade represents a 10.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Frances Arnold sold 82 shares of the company’s stock in a transaction on Thursday, July 30th. The stock was sold at an average price of $333.39, for a total transaction of $27,337.98. Following the completion of the sale, the director owned 18,914 shares of the company’s stock, valued at approximately $6,305,738.46. The trade was a 0.43% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 451,945 shares of company stock valued at $12,382,714. 11.61% of the stock is owned by company insiders.

Institutional Trading of Alphabet

Hedge funds have recently added to or reduced their stakes in the company. Brighton Jones LLC increased its stake in shares of Alphabet by 3.9% in the 4th quarter. Brighton Jones LLC now owns 110,330 shares of the information services provider’s stock valued at $20,886,000 after acquiring an additional 4,110 shares in the last quarter. Revolve Wealth Partners LLC raised its holdings in shares of Alphabet by 3.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 14,930 shares of the information services provider’s stock worth $2,826,000 after acquiring an additional 506 shares during the last quarter. Matrix Asset Advisors Inc. NY lifted its position in Alphabet by 17.6% in the 2nd quarter. Matrix Asset Advisors Inc. NY now owns 3,888 shares of the information services provider’s stock valued at $685,000 after acquiring an additional 581 shares in the last quarter. Sequoia Financial Advisors LLC boosted its stake in 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 purchasing an additional 48,805 shares during the last quarter. Finally, United Bank boosted its stake in Alphabet by 6.9% during the 2nd quarter. United Bank now owns 48,204 shares of the information services provider’s stock valued at $8,495,000 after purchasing an additional 3,120 shares during the last quarter. 40.03% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: AI talent addition: Thinking Machines Lab co-founder Barret Zoph is joining Google as a vice president of research after a brief period at OpenAI. The hire could help Alphabet address recent researcher departures and strengthen its ability to compete in advanced AI. Thinking Machines Lab Co-Founder Barret Zoph Joins Google
• Positive Sentiment: Enterprise Gemini expansion: Google Cloud is rolling out Gemini Enterprise tools and specialized AI agents for legal and financial-services customers. Regulated industries could provide Alphabet with higher-value, recurring cloud and software revenue while broadening Gemini’s commercial reach. Google expands Gemini AI platform for law firms, lawyers
• Positive Sentiment: Moonshot AI opportunity: Alphabet is reportedly discussing revenue sharing with China’s Moonshot AI to host its Kimi K3 model on Google Cloud. A deal could increase cloud utilization and demonstrate demand for Alphabet’s infrastructure beyond its own AI models. China’s Moonshot in talks with Microsoft, Amazon, Google over K3 revenue sharing
• Positive Sentiment: Institutional endorsement and Waymo growth: Berkshire Hathaway reportedly increased its Alphabet position 83% to approximately $37.8 billion. Separately, Waymo plans to test autonomous vehicles in Munich and launch German robotaxi rides in 2027, expanding Alphabet’s longer-term optionality. Berkshire Boosts Its Bet
• Neutral Sentiment: Wearables valuation signal: Oura’s potential $16 billion IPO could give investors a benchmark for valuing Alphabet’s Fitbit and Pixel Watch businesses, although Alphabet does not report those operations separately. Oura’s $16 Billion IPO Could Put a New Price on Wearable Tech
• Negative Sentiment: Capital-allocation and dilution concerns: Alphabet is paying a quarterly dividend while reportedly selling as much as $85 billion of new stock. The dividend supports shareholder returns, but issuing shares may dilute existing holders and highlights the company’s substantial funding needs amid aggressive AI investment. Alphabet Is Paying a Dividend While Selling $85 Billion of New Stock
• Negative Sentiment: AI governance and regulatory risk: Google’s transfer of its AI-responsibility unit from DeepMind to global affairs has raised concerns about reduced research independence and weaker threat detection. In addition, Meta’s child-safety settlement has increased expectations that YouTube could face stricter rules or significant financial obligations. Google Moves AI-Responsibility Team Out of DeepMind Lab

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on GOOGL. Stifel Nicolaus set a $420.00 price target on shares of Alphabet and gave the company a “buy” rating in a report on Thursday, April 30th. Oppenheimer increased their price target on Alphabet from $425.00 to $445.00 and gave the company an “outperform” rating in a research report on Friday, May 15th. Weiss Ratings reissued a “buy (b)” rating on shares of Alphabet in a research report on Friday, July 17th. BNP Paribas Exane increased their target price on shares of Alphabet from $390.00 to $420.00 and gave the stock an “outperform” rating in a research report on Thursday, April 30th. Finally, BMO Capital Markets set a $465.00 target price on Alphabet and gave the company an “outperform” rating in a research note on Thursday, July 23rd. Six research analysts have rated the stock with a Strong Buy rating, forty-four have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $420.19.

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.