Alphabet (NASDAQ:GOOGL) Shares Unloaded Rep. Lizzie Fletcher

Key Points

• Rep. Lizzie Fletcher disclosed selling between $1,001 and $15,000 of Alphabet (GOOGL) stock on April 8 in her filer brokerage account and made similar sales across several large-cap tech and financial names the same day.
• Alphabet beat Q1 expectations, reporting $5.11 EPS vs. $2.64 expected and $109.9B in revenue (with Google Cloud growing ~63%), and announced a raised quarterly dividend of $0.22 per share.
• Following the results, many brokers raised price targets and ratings, leaving a consensus rating of Moderate Buy with a mean target around $397.48.

Representative Lizzie Fletcher (Democratic-Texas) recently sold shares of Alphabet Inc. NASDAQ: GOOGL. In a filing disclosed on May 01st, the Representative disclosed that they had sold between $1,001 and $15,000 in Alphabet stock on April 8th. The trade occurred in the Representative's "FILER BROKERAGE ACCOUNT (CB)" account.

Representative Lizzie Fletcher also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Apple NASDAQ: AAPL on 4/8/2026.
• Sold $1,001 - $15,000 in shares of KLA NASDAQ: KLAC on 4/8/2026.
• Sold $1,001 - $15,000 in shares of Eaton NYSE: ETN on 4/8/2026.
• Sold $1,001 - $15,000 in shares of McKesson NYSE: MCK on 4/8/2026.
• Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 4/8/2026.
• Sold $1,001 - $15,000 in shares of JPMorgan Chase & Co. NYSE: JPM on 4/8/2026.
• Sold $1,001 - $15,000 in shares of Quanta Services NYSE: PWR on 4/8/2026.
• Sold $1,001 - $15,000 in shares of Ameriprise Financial NYSE: AMP on 4/8/2026.
• Sold $1,001 - $15,000 in shares of Eli Lilly and Company NYSE: LLY on 4/8/2026.
• Sold $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 4/8/2026.

Alphabet Trading Up 0.2%

GOOGL stock opened at $385.69 on Friday. The company has a quick ratio of 2.01, a current ratio of 1.92 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a twelve month low of $147.84 and a twelve month high of $386.76. The stock has a market capitalization of $4.67 trillion, a price-to-earnings ratio of 29.42, a price-to-earnings-growth ratio of 2.37 and a beta of 1.26. The firm's fifty day simple moving average is $313.72 and its two-hundred day simple moving average is $307.81.

Alphabet (NASDAQ:GOOGL - Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The information services provider reported $5.11 earnings per share for the quarter, beating analysts' consensus estimates of $2.64 by $2.47. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. The business had revenue of $109.90 billion for the quarter, compared to analysts' expectations of $106.98 billion. As a group, analysts anticipate that Alphabet Inc. will post 11.62 earnings per share for the current year.

Alphabet Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 8th will be given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 0.2%. This is a positive change from Alphabet's previous quarterly dividend of $0.21. The ex-dividend date is Monday, June 8th. Alphabet's dividend payout ratio (DPR) is presently 7.77%.

Analysts Set New Price Targets

A number of research firms have weighed in on GOOGL. Moffett Nathanson boosted their price objective on shares of Alphabet from $305.00 to $350.00 and gave the company a "buy" rating in a research report on Thursday, February 5th. BNP Paribas Exane boosted their price objective on shares of Alphabet from $390.00 to $420.00 and gave the company an "outperform" rating in a research report on Thursday. UBS Group set a $410.00 price target on shares of Alphabet and gave the stock a "neutral" rating in a report on Thursday. Arete Research raised their price target on shares of Alphabet from $380.00 to $405.00 and gave the stock a "buy" rating in a research note on Wednesday, February 11th. Finally, Evercore lifted their price objective on shares of Alphabet from $400.00 to $420.00 and gave the company an "outperform" rating in a report on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $397.48.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Q1 earnings & Google Cloud surge — Alphabet beat on EPS and revenue; Google Cloud grew ~63% to >$20B and backlog jumped near $460B, underpinning earnings momentum and revenue visibility. Alphabet’s Earnings Didn’t Just Beat—They Changed the Story
• Positive Sentiment: Wall Street re-rating — Dozens of brokers raised price targets and reiterated buy/outperform views (Goldman, JPMorgan, Citi, Canaccord, etc.), lifting upside expectations and supporting momentum. JPMorgan price target note
• Positive Sentiment: Product & monetization catalysts — Gemini rollout into millions of vehicles and comments about ads in AI-driven Search/Gemini expand potential ad & cloud monetization paths. Google's Gemini hits cars
• Positive Sentiment: Commercial & government demand — The Pentagon signed agreements with leading AI vendors (including Google) to deploy AI tools on classified networks, validating enterprise/government demand for secure AI infrastructure. Pentagon AI agreements
• Positive Sentiment: Market narrative uplift — Coverage arguing Alphabet could challenge Nvidia for top market-cap status and that Google is “winning” the AI cycle is driving momentum flows and investor positioning. Barron's: The First $6 Trillion Company May Not Be Nvidia
• Neutral Sentiment: CapEx trajectory — Management signaled materially higher CapEx into 2027 to support AI/data centers; that supports future growth but raises near-term investment intensity and cash needs. Seeking Alpha: CapEx concerns
• Negative Sentiment: Regulatory/legal risk — European scrutiny is rising: Italy asked the EU to investigate Google’s AI search features and Swiss regulators opened probes related to keyword bidding; these could lead to fines, remedies or product constraints. Italy asks EU to investigate Google AI search Switzerland probe

Institutional Trading of Alphabet

A number of large investors have recently modified their holdings of GOOGL. EMC Capital Management purchased a new stake in Alphabet in the fourth quarter worth about $33,000. Lifetime Wealth Management P.C. purchased a new stake in Alphabet in the fourth quarter worth about $32,000. PMV Capital Advisers LLC purchased a new stake in Alphabet in the fourth quarter worth about $38,000. IFC & Insurance Marketing Inc. purchased a new stake in Alphabet in the fourth quarter worth about $38,000. Finally, Bard Associates Inc. purchased a new stake in Alphabet in the fourth quarter worth about $52,000. Hedge funds and other institutional investors own 40.03% of the company's stock.

Insider Buying and Selling

In related news, CAO Amie Thuener O'toole sold 617 shares of the company's stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $289.63, for a total value of $178,701.71. Following the completion of the sale, the chief accounting officer directly owned 10,093 shares of the company's stock, valued at $2,923,235.59. This represents a 5.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frances Arnold sold 102 shares of the company's stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $371.00, for a total transaction of $37,842.00. Following the completion of the sale, the director directly owned 18,621 shares of the company's stock, valued at approximately $6,908,391. This trade represents a 0.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 191,986 shares of company stock valued at $59,159,207 over the last quarter. 11.64% of the stock is owned by company insiders.

About Representative Fletcher

Lizzie Pannill Fletcher (Democratic Party) is a member of the U.S. House, representing Texas' 7th Congressional District. She assumed office on January 3, 2019. Her current term ends on January 3, 2027. Fletcher (Democratic Party) ran for re-election to the U.S. House to represent Texas' 7th Congressional District. She won in the general election on November 5, 2024. Lizzie Pannill Fletcher was born and lives in Houston, Texas. She graduated from St. John's School. She earned a bachelor's degree in history from Kenyon College and a J.D. from William & Mary Law School. Fletcher’s career experience includes working as a lawyer. She co-founded Planned Parenthood Young Leaders in 2000. Fletcher serves as a board member of Writers in the Schools and Open Dance Project.

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.

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