Alphabet (NASDAQ:GOOGL) Stock Purchase Reported by Rep. David Taylor

Key Points

• Rep. David Taylor disclosed buying $1,001–$15,000 of Alphabet shares on November 3 in a joint brokerage account.
• Alphabet’s latest quarterly results fell short of expectations: EPS was $2.12 versus a $3.02 consensus, while revenue was $127.58 billion versus forecasts of $127.96 billion.
• Alphabet announced a quarterly dividend of $0.22 per share, equivalent to $0.88 annually and a 0.3% yield; analysts’ consensus rating was “Buy,” with a $412.51 price target.

Representative David Taylor (Republican-Ohio) recently bought shares of Alphabet Inc. (NASDAQ:GOOGL). In a filing disclosed on November 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Alphabet stock on November 3rd. The trade occurred in the Representative's "DAVID TAYLOR TRUST > SCHWAB JOINT BROKERAGE #1 (HOME GROWN)" account.

Representative David Taylor also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Home Depot NYSE: HD on 11/5/2026.
• Sold $1,001 - $15,000 in shares of Procter & Gamble NYSE: PG on 11/5/2026.
• Purchased $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 11/5/2026.
• Purchased $1,001 - $15,000 in shares of Lam Research NASDAQ: LRCX on 11/5/2026.
• Sold $1,001 - $15,000 in shares of Eli Lilly and Company NYSE: LLY on 11/3/2026.
• Purchased $1,001 - $15,000 in shares of Eaton NYSE: ETN on 11/3/2026.
• Sold $1,001 - $15,000 in shares of Kroger NYSE: KR on 11/3/2026.
• Purchased $1,001 - $15,000 in shares of AT&T NYSE: T on 11/3/2026.
• Sold $1,001 - $15,000 in shares of Visa NYSE: V on 11/3/2026.
• Sold $1,001 - $15,000 in shares of Amgen NASDAQ: AMGN on 11/3/2026.

Alphabet Price Performance

NASDAQ GOOGL opened at $295.77 on Friday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.69 and a current ratio of 2.79. The firm's 50 day moving average price is $328.18 and its 200-day moving average price is $338.01. Alphabet Inc. has a 52-week low of $270.70 and a 52-week high of $408.61. The company has a market cap of $3.64 trillion, a PE ratio of 15.59, a P/E/G ratio of 0.90 and a beta of 1.23.

Alphabet (NASDAQ:GOOGL - Get Free Report) last issued its quarterly earnings data on Wednesday, October 28th. The information services provider reported $2.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.02 by ($0.90). The business had revenue of $127.58 billion for the quarter, compared to analysts' expectations of $127.96 billion. Alphabet had a net margin of 50.03% and a return on equity of 43.33%. Sell-side analysts forecast that Alphabet Inc. will post 19.81 EPS for the current fiscal year.

Alphabet Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 14th. Stockholders of record on Monday, December 7th will be paid a dividend of $0.22 per share. The ex-dividend date is Monday, December 7th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet's dividend payout ratio (DPR) is currently 4.59%.

Top Alphabet Stories

These are some of the GOOGL stories that stood out recently:

• Positive Sentiment: Google made a faster, lower-cost Gemini model its everyday default and opened preorders for $395 Samsung-built AI glasses, scheduled to ship December 10. The product rollout highlights Alphabet’s effort to bring its AI services to more users and devices. Read More.
• Positive Sentiment: Nvidia CEO Jensen Huang’s abrupt departure could encourage cloud customers to diversify AI-chip suppliers. Alphabet’s TPUs may benefit from that shift; Google Cloud also uses AMD processors in TPU infrastructure. Read More.
• Neutral Sentiment: An investor commentary argues that Alphabet’s substantial cash generation and business strengths provide reasons not to overreact to AI-related capital spending, though the returns on that spending remain a key issue for investors. Read More.

Hedge Funds Weigh In On Alphabet

Several hedge funds and other institutional investors have recently modified their holdings of GOOGL. Vista Cima Wealth Management LLC raised its position in shares of Alphabet by 11.7% in the 3rd quarter. Vista Cima Wealth Management LLC now owns 5,829 shares of the information services provider's stock valued at $2,006,000 after purchasing an additional 612 shares during the last quarter. Oxford Financial Group LTD. LLC increased its stake in Alphabet by 2.5% during the 3rd quarter. Oxford Financial Group LTD. LLC now owns 19,268 shares of the information services provider's stock valued at $6,630,000 after purchasing an additional 469 shares in the last quarter. Cornermen Financial LLC acquired a new position in Alphabet during the 3rd quarter valued at approximately $4,428,000. Signet Financial Management LLC acquired a new position in Alphabet during the 3rd quarter valued at approximately $438,000. Finally, Octavia Wealth Advisors LLC raised its holdings in shares of Alphabet by 2.1% in the third quarter. Octavia Wealth Advisors LLC now owns 100,288 shares of the information services provider's stock worth $34,507,000 after buying an additional 2,033 shares during the last quarter. 40.03% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Frances Arnold sold 83 shares of Alphabet stock in a transaction on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total transaction of $28,257.35. Following the completion of the sale, the director directly owned 19,076 shares in the company, valued at approximately $6,494,424.20. The trade was a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders have sold a total of 247 shares of company stock valued at $79,238 over the last three months. Company insiders own 11.61% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. Cantor Fitzgerald cut their price target on Alphabet from $420.00 to $350.00 and set an "overweight" rating on the stock in a report on Thursday, October 29th. Rosenblatt Securities reduced their price target on Alphabet from $410.00 to $380.00 and set a "buy" rating for the company in a research report on Thursday, October 29th. Wedbush decreased their price objective on Alphabet from $445.00 to $387.00 and set an "outperform" rating for the company in a research note on Thursday, October 29th. Sanford C. Bernstein reiterated a "market perform" rating and issued a $325.00 target price (down from $385.00) on shares of Alphabet in a research note on Thursday, October 29th. Finally, Susquehanna reduced their target price on shares of Alphabet from $460.00 to $400.00 and set a "positive" rating for the company in a report on Thursday, October 29th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-five have issued a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus price target of $412.51.

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio's 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Taylor (Republican Party) ran for election to the U.S. House to represent Ohio's 2nd Congressional District. He won in the general election on November 5, 2024. David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor's career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

About Alphabet

Alphabet Inc. is a technology holding company whose largest business is Google. Founded in 1998 by Larry Page and Sergey Brin, Google became part of Alphabet when the company reorganized its businesses under the holding-company structure in 2015. Google's products and services include Search, YouTube, Android, Chrome, Google Maps, Google Play and Google Cloud. The company also generates revenue from digital advertising and offers devices, subscriptions and artificial intelligence products and services.

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