Rep. Thomas H. Kean, Jr. Unloads Shares of Alphabet Inc. (NASDAQ:GOOGL)

Representative Thomas H. Kean, Jr. (Republican-New Jersey) recently sold shares of Alphabet Inc. (NASDAQ:GOOGL). In a filing disclosed on August 18th, the Representative disclosed that they had sold between $1,001 and $15,000 in Alphabet stock on July 22nd. The trade occurred in the Representative’s “STATE STREET BANK & TRUST CO.” account.

Representative Thomas H. Kean, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Stryker (NYSE:SYK) on 7/22/2026.
• Sold $1,001 – $15,000 in shares of Analog Devices (NASDAQ:ADI) on 6/30/2026.
• Sold $1,001 – $15,000 in shares of S&P Global (NYSE:SPGI) on 6/29/2026.
• Sold $1,001 – $15,000 in shares of Markel Group (NYSE:MKL) on 6/29/2026.
• Sold $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 6/29/2026.
• Purchased $1,001 – $15,000 in shares of ESAB (NYSE:ESAB) on 6/24/2026.
• Sold $15,001 – $50,000 in shares of Alphabet (NASDAQ:GOOGL) on 6/24/2026.
• Purchased $1,001 – $15,000 in shares of ESAB (NYSE:ESAB) on 6/22/2026.
• Sold $1,001 – $15,000 in shares of Gildan Activewear (NYSE:GIL) on 6/17/2026.
• Purchased $1,001 – $15,000 in shares of Wheaton Precious Metals (NYSE:WPM) on 6/4/2026.

Alphabet Trading Up 0.2%

GOOGL stock opened at $344.72 on Thursday. Alphabet Inc. has a twelve month low of $196.60 and a twelve month high of $408.61. The stock has a market capitalization of $4.22 trillion, a price-to-earnings ratio of 17.31, a price-to-earnings-growth ratio of 0.97 and a beta of 1.24. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16. The firm’s fifty day simple moving average is $352.64 and its two-hundred day simple moving average is $341.32.

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 analysts’ consensus estimates of $2.89 by $6.22. The firm had revenue of $119.80 billion during the quarter, compared to analysts’ expectations of $117.07 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. As a group, analysts anticipate that Alphabet Inc. will post 20.51 earnings per share for the current year.

Alphabet Announces Dividend

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

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Custom AI-chip partnership strengthens Alphabet’s infrastructure position. Marvell Technology issued Alphabet a warrant to purchase up to 58.97 million shares—roughly 6.7% of Marvell—at $206.58 per share, as part of a partnership to develop custom chips that connect to Google’s TPU ecosystem. The deal signals continued investment in internally tailored AI computing capacity and could reduce reliance on existing suppliers. Marvell Google AI chip deal
• Positive Sentiment: Google Cloud remains a major growth engine. Cloud revenue reportedly rose 82% year over year to $24.8 billion in the second quarter, outpacing Microsoft Azure and Amazon Web Services. The growth reflects strong demand for AI workloads and supports the case that Alphabet’s substantial AI capital spending is generating customer revenue. Google Cloud growth
• Positive Sentiment: Waymo expanded commercial access to cheaper robotaxis. Alphabet’s autonomous-driving unit opened its next-generation, lower-cost vehicles to all riders in Los Angeles, Phoenix, and San Francisco. Lower production, operating, and maintenance costs could improve Waymo’s long-term scalability. Waymo robotaxi expansion
• Positive Sentiment: Investor sentiment was supported by institutional backing and favorable technical signals. Berkshire Hathaway reportedly increased its Alphabet position to approximately $37 billion, while Morgan Stanley identified Alphabet among large-cap technology stocks showing bullish momentum. Berkshire Alphabet investment
• Neutral Sentiment: Alphabet raised about $3.9 billion through its inaugural Australian-dollar bond, supporting AI and data-center investment but also adding to concerns about rising borrowing across the AI industry. Alphabet Australian dollar bond
• Negative Sentiment: Prediction markets indicate that Google’s next flagship Gemini Pro model is unlikely to launch before September, extending a delay that could weigh on competitive positioning in generative AI. Gemini launch delay

Institutional Investors Weigh In On Alphabet

A number of institutional investors have recently modified their holdings of GOOGL. Strategic Wealth Advisors LLC raised its holdings in Alphabet by 6.0% in the first quarter. Strategic Wealth Advisors LLC now owns 477 shares of the information services provider’s stock valued at $137,000 after acquiring an additional 27 shares in the last quarter. Rockbridge Investment Management LCC raised its stake in shares of Alphabet by 0.5% during the first quarter. Rockbridge Investment Management LCC now owns 5,460 shares of the information services provider’s stock worth $1,570,000 after purchasing an additional 27 shares during the last quarter. Ruggaard & Associates LLC lifted its stake 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 worth $840,000 after acquiring an additional 27 shares during the period. Cadia Private Client LLC boosted its holdings in 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 purchasing an additional 28 shares in the last quarter. 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. 40.03% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Alphabet

In other news, insider John Kent Walker sold 8,998 shares of the company’s stock in a transaction 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 sale, the insider directly owned 75,290 shares in the company, valued at $26,298,044.10. This represents a 10.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the firm’s stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $19.46, for a total transaction of $3,832,277.26. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 451,945 shares of company stock valued at $12,382,714. 11.61% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Dbs Bank boosted their price objective on shares of Alphabet from $400.00 to $460.00 in a research note on Thursday, May 7th. Barclays reaffirmed an “overweight” rating and set a $425.00 price target (up from $405.00) on shares of Alphabet in a research report on Thursday, July 23rd. DZ Bank raised Alphabet to a “strong-buy” rating in a research report on Thursday, July 23rd. Roth Capital restated a “buy” rating and set a $440.00 target price (up from $435.00) on shares of Alphabet in a research note on Thursday, July 23rd. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $450.00 target price on shares of Alphabet in a research report on Wednesday, June 3rd. Five research analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $419.86.

About Representative Kean

Thomas Kean Jr. (Republican Party) is a member of the U.S. House, representing New Jersey’s 7th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Kean (Republican Party) is running for re-election to the U.S. House to represent New Jersey’s 7th Congressional District. He declared candidacy for the 2026 election.

Thomas Kean Jr. lives in Westfield, New Jersey. Kean earned a master’s degree from the Tufts University Fletcher School of Law and Diplomacy. His career experience includes working with the Environmental Protection Agency during the George H.W. Bush administration and as an advisor to former U.S. Representative Bob Franks, a firefighter, and an emergency medical technician. Kean has served as the vice president of a fire department.

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.