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 30th, the Representative disclosed that they had bought between $1,001 and $15,000 in Alphabet stock on September 17th. 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 Oracle (NYSE:ORCL) on 9/23/2025.
• Purchased $1,001 – $15,000 in shares of Opendoor Technologies (NASDAQ:OPEN) on 9/19/2025.
• Purchased $15,001 – $50,000 in shares of Oracle (NYSE:ORCL) on 9/18/2025.
• Purchased $15,001 – $50,000 in shares of Amazon.com (NASDAQ:AMZN) on 9/17/2025.
• Purchased $50,001 – $100,000 in shares of Oracle (NYSE:ORCL) on 9/17/2025.
• Purchased $15,001 – $50,000 in shares of Alphabet (NASDAQ:GOOG) on 9/17/2025.
• Purchased $15,001 – $50,000 in shares of Meta Platforms (NASDAQ:META) on 9/17/2025.
• Purchased $15,001 – $50,000 in shares of Broadcom (NASDAQ:AVGO) on 9/17/2025.
• Purchased $50,001 – $100,000 in shares of Amazon.com (NASDAQ:AMZN) on 9/10/2025.
• Purchased $15,001 – $50,000 in shares of McDonald’s (NYSE:MCD) on 9/10/2025.

Alphabet Price Performance

GOOG opened at $245.54 on Thursday. Alphabet Inc. has a 12-month low of $142.66 and a 12-month high of $256.70. The stock has a market capitalization of $2.97 trillion, a P/E ratio of 26.15, a PEG ratio of 1.64 and a beta of 1.00. The stock has a 50-day moving average price of $219.78 and a 200-day moving average price of $185.88. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.07.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings data on Wednesday, July 23rd. The information services provider reported $2.31 earnings per share for the quarter, beating analysts’ consensus estimates of $2.12 by $0.19. The firm had revenue of $96.43 billion during the quarter, compared to analyst estimates of $93.67 billion. Alphabet had a return on equity of 34.31% and a net margin of 31.12%.The business’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.89 earnings per share. Equities analysts predict that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Monday, September 8th were given a $0.21 dividend. The ex-dividend date was Monday, September 8th. This represents a $0.84 annualized dividend and a yield of 0.3%. Alphabet’s payout ratio is 8.95%.

Insider Activity at Alphabet

In other news, CAO Amie Thuener O’toole sold 2,778 shares of the firm’s stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $245.00, for a total value of $680,610.00. Following the transaction, the chief accounting officer directly owned 17,293 shares of the company’s stock, valued at approximately $4,236,785. This trade represents a 13.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Sundar Pichai sold 32,500 shares of the company’s stock in a transaction dated Wednesday, July 16th. The shares were sold at an average price of $184.38, for a total transaction of $5,992,350.00. Following the sale, the chief executive officer directly owned 2,527,392 shares of the company’s stock, valued at approximately $466,000,536.96. This represents a 1.27% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 243,285 shares of company stock valued at $50,994,787. 12.99% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Alphabet

Hedge funds and other institutional investors have recently modified their holdings of the stock. Principia Wealth Advisory LLC lifted its holdings in shares of Alphabet by 111.8% during the first quarter. Principia Wealth Advisory LLC now owns 161 shares of the information services provider’s stock worth $26,000 after purchasing an additional 85 shares during the period. MorganRosel Wealth Management LLC acquired a new position in shares of Alphabet in the 1st quarter valued at $26,000. IFS Advisors LLC increased its holdings in Alphabet by 400.0% in the second quarter. IFS Advisors LLC now owns 150 shares of the information services provider’s stock valued at $27,000 after buying an additional 120 shares in the last quarter. Robbins Farley raised its position in shares of Alphabet by 60.0% in the second quarter. Robbins Farley now owns 160 shares of the information services provider’s stock worth $28,000 after acquiring an additional 60 shares during the period. Finally, WestEnd Advisors LLC grew its holdings in Alphabet by 58.7% in the second quarter. WestEnd Advisors LLC now owns 165 shares of the information services provider’s stock valued at $29,000 after purchasing an additional 61 shares during the period. 27.26% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Wells Fargo & Company restated an “equal weight” rating on shares of Alphabet in a report on Wednesday, July 9th. Robert W. Baird raised their target price on shares of Alphabet from $215.00 to $275.00 and gave the stock an “outperform” rating in a research note on Monday, September 22nd. Piper Sandler reiterated a “neutral” rating on shares of Alphabet in a research note on Wednesday, July 9th. Roth Capital reiterated a “buy” rating on shares of Alphabet in a research report on Wednesday, July 9th. Finally, Mizuho raised shares of Alphabet to a “strong-buy” rating in a report on Monday. Five investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $230.35.

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.

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.