Representative John W. Rose (R-Tennessee) recently sold shares of Alphabet Inc. NASDAQ: GOOG. In a filing disclosed on July 04th, the Representative disclosed that they had sold between $250,001 and $500,000 in Alphabet stock on June 3rd. The trade occurred in the Representative's "RAYMOND JAMES BROKERAGE ACCOUNT" account.
Representative John W. Rose also recently made the following trade(s):
- Sold $1,000,001 - $5,000,000 in shares of Alphabet NASDAQ: GOOGL on 6/3/2025.
- Sold $250,001 - $500,000 in shares of Microsoft NASDAQ: MSFT on 6/3/2025.
Alphabet Price Performance
NASDAQ GOOG traded up $5.21 during trading on Monday, hitting $191.15. 24,552,642 shares of the stock traded hands, compared to its average volume of 21,599,443. The company has a market capitalization of $2.32 trillion, a P/E ratio of 21.31, a price-to-earnings-growth ratio of 1.30 and a beta of 1.01. Alphabet Inc. has a 12-month low of $142.66 and a 12-month high of $208.70. The firm has a 50-day simple moving average of $174.02 and a 200-day simple moving average of $174.50. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 0.03.
Alphabet (NASDAQ:GOOG - Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The information services provider reported $2.81 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.02 by $0.79. Alphabet had a return on equity of 34.54% and a net margin of 30.86%. The firm had revenue of $90.23 billion during the quarter, compared to analyst estimates of $89.30 billion. During the same period last year, the company earned $1.89 EPS. Alphabet's quarterly revenue was up 12.0% compared to the same quarter last year. As a group, analysts predict that Alphabet Inc. will post 8.89 EPS for the current year.
Alphabet Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, June 16th. Investors of record on Monday, June 9th were paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 0.44%. The ex-dividend date of this dividend was Monday, June 9th. This is an increase from Alphabet's previous quarterly dividend of $0.20. Alphabet's dividend payout ratio (DPR) is 9.36%.
Insiders Place Their Bets
In other news, CEO Sundar Pichai sold 32,500 shares of the business's stock in a transaction that occurred on Wednesday, May 7th. The stock was sold at an average price of $155.90, for a total transaction of $5,066,750.00. Following the transaction, the chief executive officer directly owned 2,652,696 shares of the company's stock, valued at approximately $413,555,306.40. The trade was a 1.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Kavitark Ram Shriram sold 18,566 shares of Alphabet stock in a transaction dated 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 directly owned 243,400 shares in the company, valued at $45,213,984. The trade was a 7.09% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 249,409 shares of company stock worth $43,523,710. 12.99% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of GOOG. LaFleur & Godfrey LLC lifted its position in Alphabet by 1.2% during the fourth quarter. LaFleur & Godfrey LLC now owns 31,967 shares of the information services provider's stock valued at $6,088,000 after purchasing an additional 380 shares during the last quarter. Brighton Jones LLC grew its position in Alphabet by 5.6% in the fourth quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider's stock worth $22,901,000 after acquiring an additional 6,410 shares in the last quarter. Bank Pictet & Cie Europe AG increased its stake in Alphabet by 4.3% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 506,535 shares of the information services provider's stock valued at $96,465,000 after acquiring an additional 20,855 shares during the last quarter. Keystone Wealth Services LLC raised its holdings in shares of Alphabet by 6.1% during the 4th quarter. Keystone Wealth Services LLC now owns 2,787 shares of the information services provider's stock valued at $531,000 after buying an additional 159 shares in the last quarter. Finally, Auxano Advisors LLC boosted its stake in shares of Alphabet by 0.7% in the 4th quarter. Auxano Advisors LLC now owns 8,823 shares of the information services provider's stock valued at $1,680,000 after purchasing an additional 64 shares in the last quarter. 27.26% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Several equities research analysts have commented on the company. JPMorgan Chase & Co. boosted their price objective on Alphabet from $195.00 to $200.00 and gave the stock an "overweight" rating in a research note on Friday, July 11th. Lake Street Capital reaffirmed a "buy" rating on shares of Alphabet in a report on Wednesday, July 9th. Needham & Company LLC downgraded shares of Alphabet from a "buy" rating to a "cautious" rating in a report on Friday, May 2nd. The Goldman Sachs Group restated a "buy" rating and issued a $220.00 price objective on shares of Alphabet in a report on Monday, June 2nd. Finally, Citigroup reiterated a "sell" rating on shares of Alphabet in a research report on Wednesday, April 23rd. Three investment analysts have rated the stock with a sell rating, six have given a hold rating, seventeen have assigned a buy rating and five have given a strong buy rating to the stock. Based on data from MarketBeat, Alphabet currently has a consensus rating of "Moderate Buy" and a consensus target price of $208.40.
Get Our Latest Research Report on Alphabet
About Representative Rose
John Rose (Republican Party) is a member of the U.S. House, representing Tennessee's 6th Congressional District. He assumed office on January 3, 2019. His current term ends on January 3, 2027.
Rose (Republican Party) ran for re-election to the U.S. House to represent Tennessee's 6th Congressional District. He won in the general election on November 5, 2024.
Rose served as the state agriculture commissioner from 2002 to 2003 and chaired the Tennessee Technological University Foundation, Tennessee FFA Foundation, and Tennessee State Fair Association. He also co-founded the IT certification company Transcender Corp.
About Alphabet
(
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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