Representative Cleo Fields (D-Louisiana) recently bought shares of Alphabet Inc. NASDAQ: GOOG. In a filing disclosed on July 01st, the Representative disclosed that they had bought between $50,001 and $100,000 in Alphabet stock on June 25th. 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 AT&T NYSE: T on 6/30/2025.
- Purchased $100,001 - $250,000 in shares of NVIDIA NASDAQ: NVDA on 6/30/2025.
- Purchased $50,001 - $100,000 in shares of Apple NASDAQ: AAPL on 6/30/2025.
- Purchased $50,001 - $100,000 in shares of Meta Platforms NASDAQ: META on 6/30/2025.
- Purchased $50,001 - $100,000 in shares of Palantir Technologies NASDAQ: PLTR on 6/30/2025.
- Purchased $50,001 - $100,000 in shares of Cisco Systems NASDAQ: CSCO on 6/30/2025.
- Purchased $15,001 - $50,000 in shares of JPMorgan Chase & Co. NYSE: JPM on 6/30/2025.
- Sold $1,001 - $15,000 in shares of Intel NASDAQ: INTC on 6/30/2025.
- Purchased $100,001 - $250,000 in shares of Amazon.com NASDAQ: AMZN on 6/30/2025.
- Purchased $15,001 - $50,000 in shares of Apple NASDAQ: AAPL on 6/30/2025.
Alphabet Stock Up 0.7%
Shares of NASDAQ:GOOG traded up $1.24 during midday trading on Friday, reaching $185.94. The company had a trading volume of 20,715,697 shares, compared to its average volume of 21,543,236. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.77 and a quick ratio of 1.77. Alphabet Inc. has a one year low of $142.66 and a one year high of $208.70. The stock's fifty day moving average price is $173.39 and its 200-day moving average price is $174.75. The stock has a market capitalization of $2.26 trillion, a P/E ratio of 20.73, a PEG ratio of 1.28 and a beta of 1.01.
Alphabet (NASDAQ:GOOG - Get Free Report) last released its earnings results on Thursday, April 24th. The information services provider reported $2.81 earnings per share for the quarter, beating the consensus estimate of $2.02 by $0.79. Alphabet had a net margin of 30.86% and a return on equity of 34.54%. The firm had revenue of $90.23 billion during the quarter, compared to analyst estimates of $89.30 billion. During the same quarter in the previous year, the firm earned $1.89 earnings per share. The firm's revenue for the quarter was up 12.0% compared to the same quarter last year. Equities research analysts expect that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.
Alphabet Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, June 16th. Stockholders of record on Monday, June 9th were given a dividend of $0.21 per share. This is a boost from Alphabet's previous quarterly dividend of $0.20. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.45%. The ex-dividend date was Monday, June 9th. Alphabet's payout ratio is presently 9.36%.
Insider Activity at Alphabet
In related news, Director Kavitark Ram Shriram sold 10,500 shares of the company's stock in a transaction on Thursday, May 22nd. The stock was sold at an average price of $175.00, for a total value of $1,837,500.00. Following the completion of the transaction, the director directly owned 261,966 shares in the company, valued at approximately $45,844,050. This represents a 3.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director John L. Hennessy sold 600 shares of the company's stock in a transaction on Thursday, May 22nd. The shares were sold at an average price of $175.00, for a total value of $105,000.00. Following the completion of the transaction, the director owned 6,813 shares of the company's stock, valued at $1,192,275. The trade was a 8.09% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 215,843 shares of company stock worth $37,288,490. 12.99% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On Alphabet
A number of large investors have recently added to or reduced their stakes in GOOG. ARQ Wealth Advisors LLC boosted its position in shares of Alphabet by 39.3% in the fourth quarter. ARQ Wealth Advisors LLC now owns 4,964 shares of the information services provider's stock valued at $945,000 after acquiring an additional 1,400 shares during the period. Independence Bank of Kentucky boosted its position in shares of Alphabet by 10.2% in the first quarter. Independence Bank of Kentucky now owns 14,907 shares of the information services provider's stock valued at $2,329,000 after acquiring an additional 1,376 shares during the period. Harvest Investment Services LLC boosted its position in shares of Alphabet by 3.3% in the fourth quarter. Harvest Investment Services LLC now owns 4,329 shares of the information services provider's stock valued at $824,000 after acquiring an additional 138 shares during the period. North Forty Two & Co. acquired a new position in shares of Alphabet in the fourth quarter valued at $281,000. Finally, Fermata Advisors LLC raised its stake in shares of Alphabet by 2.7% in the first quarter. Fermata Advisors LLC now owns 9,771 shares of the information services provider's stock valued at $1,527,000 after purchasing an additional 259 shares in the last quarter. Institutional investors own 27.26% of the company's stock.
Analysts Set New Price Targets
Several brokerages have recently issued reports on GOOG. UBS Group boosted their price target on shares of Alphabet from $186.00 to $192.00 and gave the company a "neutral" rating in a report on Wednesday. Wells Fargo & Company reaffirmed an "equal weight" rating on shares of Alphabet in a report on Wednesday, July 9th. Roth Capital reaffirmed a "buy" rating on shares of Alphabet in a report on Wednesday, July 9th. Cowen reaffirmed a "buy" rating on shares of Alphabet in a report on Wednesday, July 9th. Finally, Lake Street Capital reaffirmed a "buy" rating on shares of Alphabet in a report on Wednesday, July 9th. Three analysts have rated the stock with a sell rating, six have issued a hold rating, seventeen have assigned a buy rating and five have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $208.40.
View Our Latest Analysis on Alphabet
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.
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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