Rep. Cleo Fields Purchases Shares of Alphabet Inc. (NASDAQ:GOOG)

Key Points

• Representative Cleo Fields purchased between $100,001 and $250,000 in shares of Alphabet Inc. (NASDAQ:GOOG) on August 1st.
• Alphabet recently reported earnings of $2.31 EPS for the quarter, exceeding expectations, with a revenue of $96.43 billion, which is a 13.8% increase year-over-year.
• The company declared a quarterly dividend of $0.21 per share, with a yield of 0.4%, to be paid to shareholders on September 15th.

Representative Cleo Fields (D-Louisiana) recently bought shares of Alphabet Inc. NASDAQ: GOOG. In a filing disclosed on September 03rd, the Representative disclosed that they had bought between $100,001 and $250,000 in Alphabet stock on August 1st. The trade occurred in the Representative's "MORGAN STANLEY - E*TRADE #2" account.

Representative Cleo Fields also recently made the following trade(s):

• Purchased $15,001 - $50,000 in shares of NVIDIA NASDAQ: NVDA on 8/22/2025.
• Purchased $15,001 - $50,000 in shares of NVIDIA NASDAQ: NVDA on 8/20/2025.
• Purchased $15,001 - $50,000 in shares of Advanced Micro Devices NASDAQ: AMD on 8/15/2025.
• Purchased $15,001 - $50,000 in shares of Taiwan Semiconductor Manufacturing NYSE: TSM on 8/15/2025.
• Purchased $15,001 - $50,000 in shares of Broadcom NASDAQ: AVGO on 8/15/2025.
• Purchased $15,001 - $50,000 in shares of Amazon.com NASDAQ: AMZN on 8/15/2025.
• Purchased $50,001 - $100,000 in shares of Amazon.com NASDAQ: AMZN on 8/15/2025.
• Purchased $100,001 - $250,000 in shares of NVIDIA NASDAQ: NVDA on 8/15/2025.
• Purchased $15,001 - $50,000 in shares of NVIDIA NASDAQ: NVDA on 8/15/2025.
• Purchased $1,001 - $15,000 in shares of Apple NASDAQ: AAPL on 8/14/2025.

Alphabet Stock Performance

Shares of Alphabet stock traded up $2.51 during trading on Friday, reaching $235.17. The company's stock had a trading volume of 26,091,032 shares, compared to its average volume of 21,868,892. The business's 50-day moving average price is $196.65 and its 200-day moving average price is $176.89. The firm has a market cap of $2.84 trillion, a PE ratio of 25.04, a P/E/G ratio of 1.57 and a beta of 1.01. Alphabet Inc. has a 52 week low of $142.66 and a 52 week high of $236.13. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.07.

Alphabet (NASDAQ:GOOG - Get Free Report) last announced its earnings results on Wednesday, July 23rd. The information services provider reported $2.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.12 by $0.19. The company had revenue of $96.43 billion during 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%. Alphabet's quarterly revenue was up 13.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.89 earnings per share. Equities analysts forecast that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Monday, September 8th will be issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Monday, September 8th. Alphabet's payout ratio is currently 8.95%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. IFS Advisors LLC lifted its stake in shares of Alphabet by 400.0% in the 2nd quarter. IFS Advisors LLC now owns 150 shares of the information services provider's stock valued at $27,000 after acquiring an additional 120 shares during the last quarter. Robbins Farley lifted its stake in shares of Alphabet by 60.0% in the 2nd quarter. Robbins Farley now owns 160 shares of the information services provider's stock valued at $28,000 after acquiring an additional 60 shares during the last quarter. Principia Wealth Advisory LLC lifted its stake in shares of Alphabet by 111.8% in the 1st quarter. Principia Wealth Advisory LLC now owns 161 shares of the information services provider's stock valued at $26,000 after acquiring an additional 85 shares during the last quarter. WestEnd Advisors LLC raised its position in Alphabet by 58.7% during the 2nd quarter. WestEnd Advisors LLC now owns 165 shares of the information services provider's stock worth $29,000 after purchasing an additional 61 shares during the last quarter. Finally, MorganRosel Wealth Management LLC bought a new position in Alphabet during the 1st quarter worth $26,000. Institutional investors and hedge funds own 27.26% of the company's stock.

Insider Buying and Selling

In other Alphabet news, insider John Kent Walker sold 23,820 shares of the stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $194.70, for a total transaction of $4,637,754.00. Following the completion of the sale, the insider owned 42,999 shares of the company's stock, valued at approximately $8,371,905.30. This represents a 35.65% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $199.92, for a total transaction of $6,497,400.00. Following the sale, the chief executive officer directly owned 2,462,392 shares of the company's stock, valued at $492,281,408.64. This represents a 1.30% decrease in their position. The disclosure for this sale can be found here. Insiders sold 254,710 shares of company stock valued at $49,208,380 in the last quarter. 12.99% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on GOOG. UBS Group boosted their price target on Alphabet from $186.00 to $192.00 and gave the company a "neutral" rating in a research note on Wednesday, July 16th. Roth Capital reiterated a "buy" rating on shares of Alphabet in a research note on Wednesday, July 9th. Oppenheimer reiterated an "outperform" rating and issued a $270.00 price target (up from $235.00) on shares of Alphabet in a research note on Wednesday. BNP Paribas cut Alphabet from a "strong-buy" rating to a "hold" rating in a research note on Thursday, June 26th. Finally, Cowen restated a "buy" rating on shares of Alphabet in a research note on Wednesday, July 9th. Five research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $227.56.

About Representative FIELDS

Cleo Fields (Democratic Party) is a member of the U.S. House, representing Louisiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Fields (Democratic Party) is running for re-election to the U.S. House to represent Louisiana's 6th Congressional District. He declared candidacy for the primary scheduled on November 3, 2026. Cleo Fields graduated from McKinley High School in 1980. He earned a bachelor's degree in mass communications from Southern University in 1984 and a J.D. from the Southern University Law Center in 1987. His career experience includes working as a state legislator and U.S. congressman. When Fields was elected to the Louisiana State Senate in 1986, he was the youngest person ever elected to the State Senate in Louisiana’s history. In 1995, Fields ran for governor of Louisiana, becoming the first African American since reconstruction to make the runoff.

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.