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

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

GOOG opened at $232.66 on Friday. Alphabet Inc. has a 12-month low of $142.66 and a 12-month high of $232.77. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $2.81 trillion, a PE ratio of 24.78, a P/E/G ratio of 1.55 and a beta of 1.01. The firm has a 50 day moving average of $195.51 and a two-hundred day moving average of $176.55.

Alphabet (NASDAQ:GOOG) last posted its quarterly earnings results on Wednesday, July 23rd. The information services provider reported $2.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $93.67 billion. During the same period last year, the firm posted $1.89 EPS. Alphabet’s revenue for the quarter was up 13.8% compared to the same quarter last year. On average, analysts anticipate that Alphabet Inc. will post 8.89 EPS for the current year.

Alphabet Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Shareholders of record on Monday, September 8th will be given a dividend of $0.21 per share. The ex-dividend date of this dividend is Monday, September 8th. This represents a $0.84 dividend on an annualized basis and a yield of 0.4%. Alphabet’s dividend payout ratio (DPR) is currently 8.95%.

Insiders Place Their Bets

In other Alphabet news, Director Kavitark Ram Shriram sold 18,566 shares of the company’s stock in a transaction on Friday, July 18th. The stock was sold at an average price of $185.76, for a total value of $3,448,820.16. Following the sale, the director owned 243,400 shares of the company’s stock, valued at approximately $45,213,984. This represents a 7.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John L. Hennessy sold 1,000 shares of the company’s 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 completion of the sale, the director directly owned 6,916 shares in the company, valued at $1,383,200. This trade represents a 12.63% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 222,210 shares of company stock worth $41,742,155. 12.99% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. JPMorgan Chase & Co. lifted their target price on shares of Alphabet from $232.00 to $260.00 and gave the company an “overweight” rating in a report on Wednesday. BNP Paribas cut shares of Alphabet from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 26th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $220.00 target price on shares of Alphabet in a research note on Monday, June 2nd. Pivotal Research lifted their price target on Alphabet from $245.00 to $300.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, Oppenheimer restated an “outperform” rating and issued a $270.00 price objective (up from $235.00) on shares of Alphabet in a report on Wednesday. Five investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, six have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $227.56.

Hedge Funds Weigh In On Alphabet

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Dimension Capital Management LLC boosted its holdings in Alphabet by 0.4% in 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 purchasing an additional 50 shares in the last quarter. Resources Management Corp CT ADV raised its stake in shares of 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 worth $796,000 after purchasing an additional 50 shares during the last quarter. Challenger Wealth Management raised its stake in shares of Alphabet by 4.0% during the second quarter. Challenger Wealth Management now owns 1,335 shares of the information services provider’s stock worth $237,000 after purchasing an additional 51 shares during the last quarter. REDW Wealth LLC raised its stake in shares of Alphabet by 2.3% during the second quarter. REDW Wealth LLC now owns 2,410 shares of the information services provider’s stock worth $428,000 after purchasing an additional 54 shares during the last quarter. Finally, GDS Wealth Management raised its stake in shares of Alphabet by 2.4% during the second quarter. GDS Wealth Management now owns 2,325 shares of the information services provider’s stock worth $412,000 after purchasing an additional 54 shares during the last quarter. 27.26% of the stock is owned by institutional investors and hedge funds.

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

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.