Rep. John W. Rose Sells Alphabet Inc. (NASDAQ:GOOGL) Shares

Representative John W. Rose (R-Tennessee) recently sold shares of Alphabet Inc. NASDAQ: GOOGL. In a filing disclosed on July 04th, the Representative disclosed that they had sold between $1,000,001 and $5,000,000 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 $250,001 - $500,000 in shares of Alphabet NASDAQ: GOOG on 6/3/2025.
• Sold $250,001 - $500,000 in shares of Microsoft NASDAQ: MSFT on 6/3/2025.

Alphabet Trading Up 0.8%

GOOGL traded up $1.48 during trading hours on Friday, reaching $185.06. The company's stock had a trading volume of 33,864,714 shares, compared to its average volume of 32,179,845. The stock has a market cap of $2.25 trillion, a PE ratio of 20.63, a P/E/G ratio of 1.30 and a beta of 1.00. Alphabet Inc. has a fifty-two week low of $140.53 and a fifty-two week high of $207.05. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.77 and a quick ratio of 1.77. The business's 50-day moving average is $172.90 and its 200-day moving average is $173.01.

Alphabet (NASDAQ:GOOGL - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The information services provider reported $2.81 earnings per share for the quarter, beating analysts' consensus estimates of $2.02 by $0.79. Alphabet had a net margin of 30.86% and a return on equity of 34.54%. 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 business earned $1.89 earnings per share. As a group, equities research analysts predict that Alphabet Inc. will post 8.9 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. Shareholders of record on Monday, June 9th were issued a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 0.45%. This is a positive change from Alphabet's previous quarterly dividend of $0.20. The ex-dividend date of this dividend was Monday, June 9th. Alphabet's payout ratio is presently 9.36%.

Analyst Ratings Changes

GOOGL has been the topic of a number of recent research reports. Oppenheimer upped their target price on shares of Alphabet from $185.00 to $200.00 and gave the stock an "outperform" rating in a research note on Friday, April 25th. Jefferies Financial Group lowered their price objective on Alphabet from $235.00 to $200.00 and set a "buy" rating for the company in a research report on Monday, March 31st. BMO Capital Markets increased their price objective on Alphabet from $200.00 to $208.00 and gave the company an "outperform" rating in a report on Tuesday, July 15th. Bank of America raised their target price on Alphabet from $200.00 to $210.00 and gave the stock a "buy" rating in a research report on Friday. Finally, Citizens Jmp raised Alphabet from a "market perform" rating to an "outperform" rating and set a $220.00 price target for the company in a report on Friday, June 27th. Ten investment analysts have rated the stock with a hold rating, twenty-eight have issued a buy rating and four have given a strong buy rating to the company. According to MarketBeat.com, Alphabet has a consensus rating of "Moderate Buy" and an average target price of $201.68.

Insider Buying and Selling

In other news, Director John L. Hennessy sold 600 shares of the stock in a transaction that occurred 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 directly owned 6,813 shares in the company, valued at $1,192,275. This trade represents a 8.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Sundar Pichai sold 32,500 shares of the company's stock in a transaction that occurred on Wednesday, July 16th. The stock was sold at an average price of $184.38, for a total value of $5,992,350.00. Following the completion of the sale, the chief executive officer owned 2,527,392 shares of the company's stock, valued at $466,000,536.96. This trade represents a 1.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 215,843 shares of company stock valued at $37,288,490 in the last three months. 11.64% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Alphabet

Institutional investors have recently made changes to their positions in the company. Compass Planning Associates Inc bought a new stake in Alphabet in the fourth quarter valued at $30,000. Guardian Wealth Management Inc. grew its position in Alphabet by 242.9% in the 1st quarter. Guardian Wealth Management Inc. now owns 168 shares of the information services provider's stock worth $26,000 after purchasing an additional 119 shares during the last quarter. IMA Advisory Services Inc. acquired a new stake in shares of Alphabet in the first quarter valued at approximately $28,000. von Borstel & Associates Inc. bought a new stake in shares of Alphabet during the first quarter valued at approximately $28,000. Finally, NBZ Investment Advisors LLC boosted its position in shares of Alphabet by 85.7% during the first quarter. NBZ Investment Advisors LLC now owns 195 shares of the information services provider's stock worth $30,000 after buying an additional 90 shares during the period. 40.03% of the stock is currently owned by institutional investors.

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

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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