Representative David Taylor (Republican-Ohio) recently bought shares of Alphabet Inc. (NASDAQ:GOOGL). In a filing disclosed on June 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Alphabet stock on June 5th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SARDINIA READY MIX 401(K) – DAVE” account.
Representative David Taylor also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of American Electric Power (NASDAQ:AEP) on 6/5/2026.
- Purchased $1,001 – $15,000 in shares of Amgen (NASDAQ:AMGN) on 6/5/2026.
- Sold $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 6/5/2026.
- Purchased $1,001 – $15,000 in shares of Kroger (NYSE:KR) on 6/5/2026.
- Purchased $1,001 – $15,000 in shares of AT&T (NYSE:T) on 6/5/2026.
- Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 6/5/2026.
- Purchased $1,001 – $15,000 in shares of Medpace (NASDAQ:MEDP) on 5/15/2026.
- Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 5/15/2026.
- Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 5/15/2026.
- Purchased $1,001 – $15,000 in shares of AT&T (NYSE:T) on 5/15/2026.
Alphabet Stock Down 0.3%
GOOGL opened at $345.04 on Thursday. The firm has a market cap of $4.18 trillion, a P/E ratio of 26.32, a price-to-earnings-growth ratio of 1.48 and a beta of 1.23. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.92 and a current ratio of 1.92. The business has a 50 day moving average price of $368.72 and a 200 day moving average price of $332.69. Alphabet Inc. has a twelve month low of $167.55 and a twelve month high of $408.61.
Alphabet Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 8th were paid 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 was Monday, June 8th. This is a positive change from Alphabet’s previous quarterly dividend of $0.21. Alphabet’s dividend payout ratio (DPR) is 6.71%.
Institutional Trading of Alphabet
A number of institutional investors and hedge funds have recently added to or reduced their stakes in GOOGL. CIBC Bancorp USA Inc. bought a new stake in Alphabet during the third quarter worth $416,217,000. NewEdge Wealth LLC grew its position in shares of Alphabet by 11.8% in the 4th quarter. NewEdge Wealth LLC now owns 887,209 shares of the information services provider’s stock valued at $277,696,000 after acquiring an additional 93,293 shares during the period. World Investment Advisors increased its stake in shares of Alphabet by 9.2% during the 4th quarter. World Investment Advisors now owns 274,761 shares of the information services provider’s stock worth $86,000,000 after purchasing an additional 23,107 shares during the last quarter. Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust acquired a new position in shares of Alphabet during the 4th quarter worth about $28,902,000. Finally, Private Advisory Group LLC raised its holdings in shares of Alphabet by 12.2% in the 4th quarter. Private Advisory Group LLC now owns 24,717 shares of the information services provider’s stock valued at $7,736,000 after purchasing an additional 2,678 shares during the period. Institutional investors own 40.03% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of analysts have issued reports on the company. Wall Street Zen raised Alphabet from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Citizens Jmp reissued a “market outperform” rating and issued a $515.00 price objective on shares of Alphabet in a research report on Wednesday, May 20th. Royal Bank Of Canada set a $425.00 target price on shares of Alphabet and gave the stock an “outperform” rating in a research report on Thursday, April 30th. Loop Capital upped their target price on shares of Alphabet from $355.00 to $490.00 and gave the company a “buy” rating in a research note on Friday, May 15th. Finally, Wells Fargo & Company reissued an “overweight” rating and issued a $435.00 price target (up from $427.00) on shares of Alphabet in a report on Wednesday, May 20th. Two equities research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $413.13.
Read Our Latest Stock Report on GOOGL
Alphabet News Roundup
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 boost prestige and passive fund demand for the stock. Google-Parent Alphabet to Replace Verizon in Dow Jones Industrial Average
- Positive Sentiment: Jefferies reiterated its buy rating on Alphabet, and other commentary highlighted strong AI infrastructure demand and robust Google Cloud growth, supporting the long-term investment case. Alphabet: A Jefferies Reiterates Its Buy Rating
- Neutral Sentiment: Alphabet’s Gemini 3.5 Pro launch was delayed to July as the company continues refining the model, which may be viewed as prudent but also shows the competitive pressure in AI. Google delays Gemini 3.5 Pro launch to July as it tweaks its new frontier AI model
- Negative Sentiment: Multiple reports said top AI researchers have left Google for Anthropic, reinforcing fears of a brain drain at a time when AI talent is critical to maintaining Alphabet’s competitive edge. AI researchers continue to leave Google for its rivals
- Negative Sentiment: Investors are also focused on signs that Google’s search dominance may be cracking in the AI era, adding uncertainty around the company’s largest revenue engine. Google’s online dominance Is showing signs of cracking in AI era
Insiders Place Their Bets
In other Alphabet news, Director John L. Hennessy sold 1,050 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $368.63, for a total value of $387,061.50. Following the sale, the director owned 1,481 shares in the company, valued at $545,941.03. This represents a 41.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider John Kent Walker sold 8,993 shares of the firm’s stock in a transaction that occurred on Friday, March 27th. The shares were sold at an average price of $275.89, for a total value of $2,481,078.77. Following the completion of the sale, the insider directly owned 51,808 shares of the company’s stock, valued at approximately $14,293,309.12. The trade was a 14.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 160,516 shares of company stock worth $7,344,604 in the last three months. Insiders own 11.61% of the company’s stock.
About Representative Taylor
David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.
David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.
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.
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