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

Representative Cleo Fields (D-Louisiana) recently bought shares of Alphabet Inc. (NASDAQ:GOOGL). In a filing disclosed on December 17th, the Representative disclosed that they had bought between $15,001 and $50,000 in Alphabet stock on December 15th. The trade occurred in the Representative’s “MORGAN STANLEY – E*TRADE #2” account.

Representative Cleo Fields also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of SoundHound AI (NASDAQ:SOUN) on 12/15/2025.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 12/15/2025.
• Sold $15,001 – $50,000 in shares of CoreWeave (NASDAQ:CRWV) on 12/11/2025.
• Sold $15,001 – $50,000 in shares of AT&T (NYSE:T) on 12/11/2025.
• Purchased $100,001 – $250,000 in shares of Alphabet (NASDAQ:GOOGL) on 12/11/2025.
• Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 12/11/2025.
• Sold $50,001 – $100,000 in shares of ARM (NASDAQ:ARM) on 12/11/2025.
• Sold $50,001 – $100,000 in shares of Uber Technologies (NYSE:UBER) on 12/11/2025.
• Purchased $1,001 – $15,000 in shares of IREN (NASDAQ:IREN) on 12/9/2025.
• Purchased $50,001 – $100,000 in shares of Alphabet (NASDAQ:GOOGL) on 12/9/2025.

Alphabet Stock Performance

Shares of GOOGL opened at $302.46 on Friday. The company has a market capitalization of $3.65 trillion, a price-to-earnings ratio of 29.83, a price-to-earnings-growth ratio of 1.72 and a beta of 1.07. Alphabet Inc. has a 52-week low of $140.53 and a 52-week high of $328.83. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.06. The stock has a 50 day moving average price of $287.77 and a 200 day moving average price of $232.84.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings results on Wednesday, October 29th. The information services provider reported $2.87 earnings per share for the quarter, beating analysts’ consensus estimates of $2.29 by $0.58. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. The firm had revenue of $102.35 billion during the quarter, compared to analysts’ expectations of $99.90 billion. Research analysts predict that Alphabet Inc. will post 8.9 EPS for the current fiscal year.

Alphabet Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 8th were issued a $0.21 dividend. The ex-dividend date was Monday, December 8th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet’s dividend payout ratio is presently 8.28%.

Hedge Funds Weigh In On Alphabet

Several hedge funds and other institutional investors have recently bought and sold shares of GOOGL. Financial Gravity Companies Inc. purchased a new position in shares of Alphabet during the second quarter valued at approximately $31,000. CarsonAllaria Wealth Management Ltd. raised its holdings in Alphabet by 36.4% in the 2nd quarter. CarsonAllaria Wealth Management Ltd. now owns 251 shares of the information services provider’s stock valued at $44,000 after acquiring an additional 67 shares during the last quarter. Pilgrim Partners Asia Pte Ltd acquired a new position in Alphabet in the 3rd quarter valued at $53,000. iSAM Funds UK Ltd purchased a new position in shares of Alphabet during the 3rd quarter worth $53,000. Finally, Corsicana & Co. acquired a new stake in shares of Alphabet during the third quarter worth $54,000. 40.03% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Alphabet

In other news, CAO Amie Thuener O’toole sold 2,778 shares of the stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $250.05, for a total transaction of $694,638.90. Following the transaction, the chief accounting officer directly owned 14,516 shares in the company, valued at $3,629,725.80. This represents a 16.06% decrease in their position. The sale was disclosed in a legal 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 that occurred on Wednesday, November 5th. The stock was sold at an average price of $283.48, for a total transaction of $9,213,100.00. Following the transaction, the chief executive officer directly owned 2,337,119 shares of the company’s stock, valued at $662,526,494.12. This trade represents a 1.37% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 226,128 shares of company stock worth $63,183,331. 11.64% of the stock is currently owned by insiders.

Analysts Set New Price Targets

GOOGL has been the subject of several analyst reports. Wolfe Research reissued an “outperform” rating and set a $350.00 price target (up from $290.00) on shares of Alphabet in a report on Thursday, October 30th. Mizuho set a $325.00 target price on Alphabet in a research report on Thursday, October 30th. Citizens Jmp increased their target price on Alphabet from $250.00 to $290.00 and gave the stock an “outperform” rating in a research note on Friday, September 19th. Tigress Financial raised their price target on Alphabet from $240.00 to $280.00 and gave the company a “strong-buy” rating in a report on Friday, September 5th. Finally, Daiwa Capital Markets upped their price objective on Alphabet from $233.00 to $333.00 and gave the stock a “buy” rating in a report on Thursday, November 6th. Four equities research analysts have rated the stock with a Strong Buy rating, forty-one have issued a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, Alphabet presently has a consensus rating of “Moderate Buy” and an average price target of $315.18.

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.