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Rep. Josh Gottheimer Sells Alphabet Inc. (NASDAQ:GOOG) Shares

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Key Points

  • Representative Josh Gottheimer sold shares of Alphabet Inc. for between $1,001 and $15,000 on May 8th, 2025, according to a filing.
  • Alphabet reported $2.31 earnings per share (EPS) for its last quarter, surpassing estimates and showing a 13.8% increase in revenue year-over-year.
  • Insider trades included CEO Sundar Pichai selling 32,500 shares valued at approximately $5.99 million, reflecting a decrease in his company ownership.
  • MarketBeat previews the top five stocks to own by August 1st.
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Representative Josh Gottheimer (D-New Jersey) recently sold shares of Alphabet Inc. NASDAQ: GOOG. In a filing disclosed on June 11th, the Representative disclosed that they had sold between $1,001 and $15,000 in Alphabet stock on May 8th. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.

Representative Josh Gottheimer also recently made the following trade(s):

  • Sold $1,001 - $15,000 in shares of Visa NYSE: V on 6/26/2025.
  • Sold $1,001 - $15,000 in shares of Visa NYSE: V on 6/25/2025.
  • Purchased $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 6/25/2025.
  • Sold $1,001 - $15,000 in shares of ConocoPhillips NYSE: COP on 6/24/2025.
  • Purchased $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 6/24/2025.
  • Sold $1,001 - $15,000 in shares of Visa NYSE: V on 6/24/2025.
  • Sold $1,001 - $15,000 in shares of Visa NYSE: V on 6/20/2025.
  • Purchased $1,001 - $15,000 in shares of Cloudflare NYSE: NET on 6/20/2025.
  • Purchased $1,001 - $15,000 in shares of Carvana NYSE: CVNA on 6/20/2025.
  • Sold $1,001 - $15,000 in shares of McDonald's NYSE: MCD on 6/20/2025.

Alphabet Stock Up 0.5%

NASDAQ:GOOG traded up $0.88 during trading hours on Friday, hitting $194.08. 31,074,800 shares of the company traded hands, compared to its average volume of 27,020,362. The company has a quick ratio of 1.77, a current ratio of 1.90 and a debt-to-equity ratio of 0.07. The firm's 50-day simple moving average is $176.86 and its 200-day simple moving average is $174.67. Alphabet Inc. has a one year low of $142.66 and a one year high of $208.70. The company has a market cap of $2.36 trillion, a PE ratio of 20.67, a PEG ratio of 1.32 and a beta of 1.01.

Alphabet (NASDAQ:GOOG - Get Free Report) last posted its earnings results on Wednesday, July 23rd. The information services provider reported $2.31 EPS for the quarter, topping the consensus estimate of $2.12 by $0.19. The firm had revenue of $96.43 billion for the quarter, compared to analysts' expectations of $93.67 billion. Alphabet had a net margin of 31.12% and a return on equity of 34.31%. The company's quarterly revenue was up 13.8% compared to the same quarter last year. During the same quarter last year, the firm earned $1.89 EPS. Equities analysts predict that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 15th. Shareholders of record on Monday, September 8th will be paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.43%. The ex-dividend date of this dividend is Monday, September 8th. Alphabet's dividend payout ratio (DPR) is 8.95%.

Insiders Place Their Bets

In related news, Director Kavitark Ram Shriram sold 18,566 shares of the company's stock in a transaction dated Friday, July 18th. The shares were sold at an average price of $185.76, for a total transaction of $3,448,820.16. Following the transaction, the director directly owned 243,400 shares in the company, valued at approximately $45,213,984. This represents a 7.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the company's stock in a transaction on Wednesday, July 2nd. The shares were sold at an average price of $178.52, for a total value of $5,801,900.00. Following the completion of the transaction, the chief executive officer directly owned 2,559,892 shares in the company, valued at $456,991,919.84. This trade represents a 1.25% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 249,409 shares of company stock worth $43,523,710. 12.99% of the stock is owned by insiders.

Institutional Investors Weigh In On Alphabet

Large investors have recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC boosted its position in Alphabet by 580,897.4% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 135,087,705 shares of the information services provider's stock valued at $23,963,208,000 after acquiring an additional 135,064,454 shares in the last quarter. Norges Bank bought a new position in shares of Alphabet in the fourth quarter worth approximately $5,166,070,000. Nuveen LLC bought a new position in Alphabet during the 1st quarter valued at about $2,622,943,000. GAMMA Investing LLC lifted its holdings in shares of Alphabet by 18,562.3% during the 1st quarter. GAMMA Investing LLC now owns 14,323,323 shares of the information services provider's stock valued at $2,237,733,000 after buying an additional 14,246,573 shares during the period. Finally, Vanguard Group Inc. lifted its stake in shares of Alphabet by 2.4% in the 1st quarter. Vanguard Group Inc. now owns 411,570,922 shares of the information services provider's stock worth $64,299,725,000 after purchasing an additional 9,687,855 shares during the period. Institutional investors own 27.26% of the company's stock.

Analyst Ratings Changes

GOOG has been the topic of a number of recent analyst reports. The Goldman Sachs Group reiterated a "buy" rating and set a $220.00 target price on shares of Alphabet in a research note on Monday, June 2nd. Pivotal Research boosted their target price on Alphabet from $225.00 to $245.00 and gave the company a "buy" rating in a research note on Thursday. Piper Sandler reissued a "neutral" rating on shares of Alphabet in a research report on Wednesday, July 9th. Cantor Fitzgerald reissued a "neutral" rating and set a $171.00 target price on shares of Alphabet in a report on Friday, April 25th. Finally, Roth Capital reissued a "buy" rating on shares of Alphabet in a report on Wednesday, July 9th. Three research analysts have rated the stock with a sell rating, six have given a hold rating, seventeen have given a buy rating and five have given a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $215.19.

View Our Latest Analysis on Alphabet

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027. Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2026 election. Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025. Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

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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