Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Alphabet Inc. NASDAQ: GOOG. In a filing disclosed on May 06th, the Representative disclosed that they had bought between $1,001 and $15,000 in Alphabet stock on May 5th. The trade occurred in the Representative's "MARJORIE IRA" account.
Representative Marjorie Taylor Greene also recently made the following trade(s):
- Purchased $1,001 - $15,000 in shares of AbbVie NYSE: ABBV on 5/5/2025.
- Purchased $1,001 - $15,000 in shares of Occidental Petroleum NYSE: OXY on 5/5/2025.
- Purchased $1,001 - $15,000 in shares of Paychex NASDAQ: PAYX on 5/5/2025.
- Purchased $1,001 - $15,000 in shares of MercadoLibre NASDAQ: MELI on 5/5/2025.
- Purchased $1,001 - $15,000 in shares of Starbucks NASDAQ: SBUX on 5/5/2025.
- Purchased $1,001 - $15,000 in shares of BP NYSE: BP on 5/5/2025.
- Purchased $1,001 - $15,000 in shares of Gilead Sciences NASDAQ: GILD on 5/5/2025.
- Purchased $1,001 - $15,000 in shares of BHP Group NYSE: BHP on 5/5/2025.
- Purchased $1,001 - $15,000 in shares of Advanced Micro Devices NASDAQ: AMD on 5/5/2025.
- Purchased $1,001 - $15,000 in shares of Impinj NASDAQ: PI on 5/5/2025.
Alphabet Trading Down 0.9 %
Alphabet stock traded down $1.37 during midday trading on Friday, reaching $154.38. 22,820,181 shares of the stock traded hands, compared to its average volume of 19,514,663. The firm has a market cap of $1.87 trillion, a PE ratio of 19.18, a price-to-earnings-growth ratio of 1.34 and a beta of 1.01. Alphabet Inc. has a 12-month low of $142.66 and a 12-month high of $208.70. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 0.03. The company has a 50-day simple moving average of $160.96 and a two-hundred day simple moving average of $176.93.
Alphabet (NASDAQ:GOOG - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The information services provider reported $2.81 earnings per share for the quarter, beating analysts' consensus estimates of $2.02 by $0.79. Alphabet had a return on equity of 32.49% and a net margin of 28.60%. The company had revenue of $90.23 billion for the quarter, compared to analysts' expectations of $89.30 billion. During the same period last year, the firm earned $1.89 earnings per share. Alphabet's quarterly revenue was up 12.0% on a year-over-year basis. Research analysts expect that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.
Alphabet Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Monday, June 9th will be paid a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 0.54%. The ex-dividend date of this dividend is Monday, June 9th. This is a positive change from Alphabet's previous quarterly dividend of $0.20. Alphabet's dividend payout ratio is 9.36%.
Hedge Funds Weigh In On Alphabet
A number of hedge funds have recently bought and sold shares of the business. Principal Financial Group Inc. lifted its position in shares of Alphabet by 2.5% in the third quarter. Principal Financial Group Inc. now owns 11,024,276 shares of the information services provider's stock worth $1,843,149,000 after buying an additional 264,962 shares in the last quarter. Nordea Investment Management AB raised its holdings in shares of Alphabet by 10.9% during the 4th quarter. Nordea Investment Management AB now owns 7,184,399 shares of the information services provider's stock worth $1,384,039,000 after acquiring an additional 704,875 shares in the last quarter. CWA Asset Management Group LLC boosted its position in shares of Alphabet by 1.8% during the 4th quarter. CWA Asset Management Group LLC now owns 157,998 shares of the information services provider's stock valued at $30,089,000 after acquiring an additional 2,861 shares during the last quarter. Capital Market Strategies LLC grew its holdings in shares of Alphabet by 3.8% in the fourth quarter. Capital Market Strategies LLC now owns 8,624 shares of the information services provider's stock valued at $1,642,000 after purchasing an additional 314 shares in the last quarter. Finally, Kozak & Associates Inc. increased its position in Alphabet by 0.9% in the fourth quarter. Kozak & Associates Inc. now owns 7,372 shares of the information services provider's stock worth $1,424,000 after purchasing an additional 64 shares during the last quarter. Hedge funds and other institutional investors own 27.26% of the company's stock.
Analyst Upgrades and Downgrades
GOOG has been the topic of several recent research reports. Wedbush restated an "outperform" rating and issued a $220.00 price objective on shares of Alphabet in a research report on Thursday, January 30th. KeyCorp decreased their price target on shares of Alphabet from $202.00 to $185.00 and set an "overweight" rating for the company in a research report on Wednesday, April 9th. Rosenblatt Securities raised shares of Alphabet from a "hold" rating to a "strong-buy" rating in a research report on Friday, April 25th. Needham & Company LLC cut shares of Alphabet from a "buy" rating to a "cautious" rating in a report on Friday, May 2nd. Finally, Cantor Fitzgerald restated a "neutral" rating and issued a $171.00 target price on shares of Alphabet in a research report on Friday, April 25th. Three analysts have rated the stock with a sell rating, five have issued a hold rating, fourteen have given a buy rating and five have issued a strong buy rating to the company. According to data from MarketBeat.com, Alphabet presently has an average rating of "Moderate Buy" and a consensus price target of $203.94.
Check Out Our Latest Stock Analysis on Alphabet
Insider Activity at Alphabet
In related news, CEO Sundar Pichai sold 32,500 shares of the firm's stock in a transaction that occurred on Wednesday, April 2nd. The stock was sold at an average price of $158.56, for a total transaction of $5,153,200.00. Following the completion of the sale, the chief executive officer now directly owns 2,717,696 shares of the company's stock, valued at approximately $430,917,877.76. This trade represents a 1.18 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John L. Hennessy sold 200 shares of the company's stock in a transaction dated Monday, April 14th. The stock was sold at an average price of $161.90, for a total transaction of $32,380.00. Following the completion of the transaction, the director now owns 7,613 shares in the company, valued at approximately $1,232,544.70. The trade was a 2.56 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 179,324 shares of company stock valued at $30,153,353 over the last 90 days. 12.99% of the stock is owned by corporate insiders.
About Representative Greene
Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia's 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.
Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia's 14th Congressional District. She declared candidacy for the 2026 election.
Alphabet Company Profile
(
Get Free Report)
Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.
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