Sen. Shelley Moore Capito Purchases Shares of Alphabet Inc. (NASDAQ:GOOGL)

Senator Shelley Moore Capito (R-West Virginia) recently bought shares of Alphabet Inc. NASDAQ: GOOGL. In a filing disclosed on June 13th, the Senator disclosed that they had bought between $1,001 and $15,000 in Alphabet stock on May 8th.

Senator Shelley Moore Capito also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of UnitedHealth Group NYSE: UNH on 6/23/2025.
• Sold $1,001 - $15,000 in shares of Analog Devices NASDAQ: ADI on 6/18/2025.
• Sold $1,001 - $15,000 in shares of Exxon Mobil NYSE: XOM on 6/18/2025.
• Sold $1,001 - $15,000 in shares of Citigroup NYSE: C on 6/18/2025.
• Sold $1,001 - $15,000 in shares of Wells Fargo & Company NYSE: WFC on 6/18/2025.
• Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 6/18/2025.
• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOGL on 4/29/2025.
• Sold $1,001 - $15,000 in shares of Target NYSE: TGT on 4/11/2025.
• Sold $1,001 - $15,000 in shares of NIKE NYSE: NKE on 4/10/2025.
• Purchased $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 3/26/2025.

Alphabet Price Performance

Shares of NASDAQ:GOOGL traded down $1.75 on Monday, reaching $191.43. The company's stock had a trading volume of 16,109,937 shares, compared to its average volume of 36,923,539. Alphabet Inc. has a 52-week low of $140.53 and a 52-week high of $207.05. The company has a market cap of $2.32 trillion, a P/E ratio of 20.38, a PEG ratio of 1.31 and a beta of 1.00. The company has a 50-day simple moving average of $175.77 and a 200 day simple moving average of $172.79. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.90 and a current ratio of 1.90.

Alphabet (NASDAQ:GOOGL - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The information services provider reported $2.81 EPS for the quarter, topping analysts' consensus estimates of $2.02 by $0.79. Alphabet had a net margin of 31.12% and a return on equity of 34.31%. The business had revenue of $76.49 billion during the quarter, compared to analysts' expectations of $89.30 billion. During the same period last year, the company posted $1.89 EPS. As a group, equities research analysts anticipate that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Shareholders of record on Monday, September 8th will be issued a $0.21 dividend. The ex-dividend date of this dividend is Monday, September 8th. This represents a $0.84 dividend on an annualized basis and a yield of 0.44%. Alphabet's dividend payout ratio is currently 8.95%.

Insider Buying and Selling

In other Alphabet news, Director Kavitark Ram Shriram sold 18,566 shares of the firm's stock in a transaction that occurred on 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 sale, the director owned 243,400 shares of the company's stock, valued at approximately $45,213,984. This trade represents a 7.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction on Wednesday, July 2nd. The shares were sold at an average price of $178.52, for a total transaction 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. The trade was a 1.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 249,409 shares of company stock valued at $43,523,710 in the last quarter. 11.64% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

GOOGL has been the subject of a number of recent analyst reports. Truist Financial reaffirmed a "buy" rating and set a $200.00 price target on shares of Alphabet in a research note on Wednesday, July 2nd. Roth Capital lifted their price objective on shares of Alphabet from $205.00 to $210.00 and gave the company a "buy" rating in a report on Thursday. Cantor Fitzgerald lifted their price objective on shares of Alphabet from $196.00 to $201.00 and gave the company a "neutral" rating in a report on Thursday. JMP Securities lifted their price objective on shares of Alphabet from $220.00 to $225.00 and gave the company a "market outperform" rating in a report on Thursday. Finally, Sanford C. Bernstein lifted their price objective on shares of Alphabet from $185.00 to $195.00 and gave the company a "market perform" rating in a report on Tuesday, July 22nd. Ten equities research analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and four have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $211.32.

Institutional Investors Weigh In On Alphabet

A number of institutional investors have recently made changes to their positions in GOOGL. Wealth Group Ltd. lifted its stake in Alphabet by 5.2% in the fourth quarter. Wealth Group Ltd. now owns 1,582 shares of the information services provider's stock worth $299,000 after acquiring an additional 78 shares during the last quarter. Capital & Planning LLC lifted its stake in Alphabet by 34.3% in the fourth quarter. Capital & Planning LLC now owns 4,383 shares of the information services provider's stock worth $830,000 after acquiring an additional 1,119 shares during the last quarter. Eagle Capital Management LLC lifted its stake in Alphabet by 0.7% in the fourth quarter. Eagle Capital Management LLC now owns 50,132 shares of the information services provider's stock worth $9,490,000 after acquiring an additional 371 shares during the last quarter. Brighton Jones LLC lifted its stake in Alphabet by 3.9% in the fourth quarter. Brighton Jones LLC now owns 110,330 shares of the information services provider's stock worth $20,886,000 after acquiring an additional 4,110 shares during the last quarter. Finally, Union Bancaire Privee UBP SA purchased a new position in Alphabet in the fourth quarter worth approximately $154,716,000. 40.03% of the stock is currently owned by institutional investors and hedge funds.

About Senator Capito

Shelley Moore Capito (Republican Party) is a member of the U.S. Senate from West Virginia. She assumed office on January 3, 2015. Her current term ends on January 3, 2027. Capito (Republican Party) ran for re-election to the U.S. Senate to represent West Virginia. She won in the general election on November 3, 2020. Capito was first elected to the Senate in 2014, becoming the first female U.S. Senator in the state's history. Prior to serving in the Senate, Capito was a member of the West Virginia House of Representatives from 1997 to 2001 and a member of the United States House of Representatives from 2001 to 2015. At the start of the 116th Congress, Capito was a member of the U.S. Senate committees on Appropriations, Commerce, Science, and Transportation, Environment and Public Works, and Rules and Administration. As of a 2014 analysis of multiple outside rankings, Capito is a more moderate right of center Republican Party vote. As a result, she may break with the Republican Party line more than her fellow members. Capito earned her bachelor's degree from Duke University. After earning her M.Ed. from the University of Virginia, Capito was a college counselor and then director of an educational information center. She was the only Republican in the West Virginia congressional delegation until the 2010 elections and is the first Republican woman elected to Congress from West Virginia. Capito is a former chairwoman of the Congressional Caucus for Women's Issues, as well as a member of the Congressional Arts Caucus. After an explosion responsible for the death of 29 coal workers, Capito founded the Congressional Coal Caucus. Prior to her election to the U.S. House, Capito served in the West Virginia House of Delegates.

About Alphabet

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.