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 $100,001 and $250,000 in Alphabet stock on December 11th. 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 Alphabet (NASDAQ:GOOGL) on 12/15/2025.
• 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 $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 Price Performance

Shares of NASDAQ:GOOGL opened at $302.46 on Friday. The firm has a market cap of $3.65 trillion, a price-to-earnings ratio of 29.83, a P/E/G ratio of 1.72 and a beta of 1.07. Alphabet Inc. has a 1 year low of $140.53 and a 1 year high of $328.83. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06. The business has a fifty day simple moving average of $287.77 and a 200 day simple moving average of $232.84.

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

Alphabet Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 8th were issued a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Monday, December 8th. Alphabet’s dividend payout ratio (DPR) is currently 8.28%.

Insider Buying and Selling at Alphabet

In related news, Director Frances Arnold sold 102 shares of the stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $317.66, for a total value of $32,401.32. Following the completion of the transaction, the director owned 18,104 shares of the company’s stock, valued at $5,750,916.64. This represents a 0.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director John L. Hennessy sold 600 shares of the firm’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $308.19, for a total transaction of $184,914.00. Following the transaction, the director owned 3,916 shares of the company’s stock, valued at approximately $1,206,872.04. This represents a 13.29% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 226,128 shares of company stock worth $63,183,331. Insiders own 11.64% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on GOOGL. China Renaissance boosted their price target on Alphabet from $207.00 to $330.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Morgan Stanley lifted their target price on shares of Alphabet from $270.00 to $330.00 and gave the company an “overweight” rating in a research note on Thursday, October 30th. Sanford C. Bernstein increased their price target on shares of Alphabet from $260.00 to $305.00 and gave the stock a “market perform” rating in a research note on Thursday, October 30th. Jefferies Financial Group raised their price target on shares of Alphabet from $285.00 to $320.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Finally, Guggenheim reiterated a “buy” rating and issued a $375.00 price objective (up from $330.00) on shares of Alphabet in a report on Monday, December 1st. Four analysts have rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Alphabet has a consensus rating of “Moderate Buy” and a consensus target price of $315.18.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Financial Gravity Companies Inc. acquired a new stake in Alphabet during the second quarter worth $31,000. CarsonAllaria Wealth Management Ltd. raised its stake in shares of 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 buying an additional 67 shares in the last quarter. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Alphabet during the 3rd quarter worth about $53,000. iSAM Funds UK Ltd bought a new position in shares of Alphabet during the 3rd quarter worth about $53,000. Finally, Corsicana & Co. acquired a new stake in shares of Alphabet during the 3rd quarter valued at about $54,000. Institutional investors and hedge funds own 40.03% of the company’s stock.

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.