Representative Lisa C. McClain (R-Michigan) recently bought shares of Alphabet Inc. NASDAQ: GOOG. In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Alphabet stock on June 9th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.
Representative Lisa C. McClain also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
- Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
- Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
- Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
- Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
- Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
- Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
- Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
- Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
- Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.
Alphabet Trading Up 3.3%
Shares of NASDAQ GOOG traded up $6.58 during mid-day trading on Friday, hitting $207.20. The stock had a trading volume of 10,611,680 shares, compared to its average volume of 23,640,375. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.90 and a current ratio of 1.90. Alphabet Inc. has a 1 year low of $142.66 and a 1 year high of $208.70. The business has a 50 day moving average price of $187.09 and a two-hundred day moving average price of $174.87. The firm has a market cap of $2.51 trillion, a P/E ratio of 21.93, a price-to-earnings-growth ratio of 1.35 and a beta of 1.02.
Alphabet (NASDAQ:GOOG - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The information services provider reported $2.31 EPS for the quarter, topping the consensus estimate of $2.12 by $0.19. Alphabet had a net margin of 31.12% and a return on equity of 34.31%. The company had revenue of $96.43 billion for the quarter, compared to the consensus estimate of $93.67 billion. During the same period in the previous year, the firm earned $1.89 earnings per share. The firm's revenue for the quarter was up 13.8% on a year-over-year basis. On average, equities analysts anticipate that Alphabet Inc. will post 8.89 EPS for the current fiscal year.
Alphabet Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Monday, September 8th will be paid a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend is Monday, September 8th. Alphabet's payout ratio is presently 8.95%.
Insider Buying and Selling
In other Alphabet news, Director Kavitark Ram Shriram sold 18,566 shares of the stock in a transaction on Friday, July 18th. The stock was 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 approximately $45,213,984. This trade represents a 7.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director John L. Hennessy sold 1,000 shares of the stock in a transaction on Friday, August 8th. The shares were sold at an average price of $200.00, for a total value of $200,000.00. Following the sale, the director owned 6,916 shares in the company, valued at approximately $1,383,200. This represents a 12.63% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 254,719 shares of company stock worth $47,223,172 over the last three months. 12.99% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On Alphabet
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Dimension Capital Management LLC raised its stake in Alphabet by 0.4% during the second quarter. Dimension Capital Management LLC now owns 13,968 shares of the information services provider's stock valued at $2,478,000 after buying an additional 50 shares during the last quarter. Resources Management Corp CT ADV raised its stake in Alphabet by 1.1% during the second quarter. Resources Management Corp CT ADV now owns 4,485 shares of the information services provider's stock valued at $796,000 after buying an additional 50 shares during the last quarter. Challenger Wealth Management raised its stake in Alphabet by 4.0% during the second quarter. Challenger Wealth Management now owns 1,335 shares of the information services provider's stock valued at $237,000 after buying an additional 51 shares during the last quarter. REDW Wealth LLC raised its stake in Alphabet by 2.3% during the second quarter. REDW Wealth LLC now owns 2,410 shares of the information services provider's stock valued at $428,000 after buying an additional 54 shares during the last quarter. Finally, GDS Wealth Management raised its stake in Alphabet by 2.4% during the second quarter. GDS Wealth Management now owns 2,325 shares of the information services provider's stock valued at $412,000 after buying an additional 54 shares during the last quarter. 27.26% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several research analysts recently commented on GOOG shares. Cantor Fitzgerald reaffirmed a "neutral" rating and issued a $171.00 target price on shares of Alphabet in a research note on Friday, April 25th. Rosenblatt Securities raised Alphabet from a "hold" rating to a "strong-buy" rating in a research note on Friday, April 25th. Roth Capital reaffirmed a "buy" rating on shares of Alphabet in a research note on Wednesday, July 9th. Westpark Capital reaffirmed a "buy" rating and issued a $210.00 price target on shares of Alphabet in a research note on Friday, April 25th. Finally, Wells Fargo & Company reaffirmed an "equal weight" rating on shares of Alphabet in a research note on Wednesday, July 9th. Five equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, six have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $215.19.
View Our Latest Research Report on Alphabet
About Representative McClain
Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.
McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election.
Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.
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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