Senator John Fetterman (Democratic-Pennsylvania) recently bought shares of Alphabet Inc. (NASDAQ:GOOG). In a filing disclosed on April 03rd, the Senator disclosed that they had bought between $1,001 and $15,000 in Alphabet stock on March 30th.
Senator John Fetterman also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 3/30/2026.
- Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 3/30/2026.
- Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 3/30/2026.
- Purchased $1,001 – $15,000 in shares of Erie Indemnity (NASDAQ:ERIE) on 3/30/2026.
- Sold $1,001 – $15,000 in shares of AT&T (NYSE:T) on 3/27/2026.
- Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 3/27/2026.
- Purchased $1,001 – $15,000 in shares of Erie Indemnity (NASDAQ:ERIE) on 3/27/2026.
Alphabet Stock Up 1.1%
GOOG stock opened at $297.66 on Tuesday. The firm has a market cap of $3.60 trillion, a PE ratio of 27.54, a P/E/G ratio of 1.80 and a beta of 1.13. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. The firm’s fifty day moving average is $308.28 and its 200 day moving average is $297.57. Alphabet Inc. has a one year low of $142.66 and a one year high of $350.15.
Alphabet Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 9th were given a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 0.3%. The ex-dividend date was Monday, March 9th. Alphabet’s dividend payout ratio (DPR) is currently 7.77%.
Key Alphabet News
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Broadcom signed a long‑term agreement to develop and supply Google’s future custom AI chips (through 2031) and expanded compute arrangements that also involve Anthropic — this secures a key supply chain component for Google’s next‑gen AI racks and supports Google Cloud/Gemini scale. Broadcom signs long-term deal to develop Google’s custom AI chips
- Positive Sentiment: Investor/analyst backing is resurfacing: billionaire/allocations (Druckenmiller, Ken Griffin mentions) and fresh analyst notes keep a constructive view on GOOGL’s AI and cloud growth — supportive for sentiment and demand for shares. Alphabet is a Top AI Stock Pick of Billionaire Ken Griffin
- Neutral Sentiment: Google adjusted Gemini pricing for different AI workloads — this gives developers more levers to trade cost vs. performance and could help adoption and monetization, but the revenue impact will depend on uptake and pricing mix. Google Adjusts Gemini Pricing for Different AI Workloads
- Negative Sentiment: Large planned 2026 capital spending (reports cite ~$175–$185B / ~$180B) is a double‑edged sword — it underpins AI/cloud leadership but will likely pressure margins and free cash flow in the near term. Nobody Believed In Alphabet: In 2026, It Faces Its Biggest Test
- Negative Sentiment: Shareholder and community pressure over water and power use at data centers is rising — potential project delays, cancellations or increased compliance costs are execution risks for expansion plans. Investors press Amazon, Microsoft and Google on water, power use in US data centers
- Negative Sentiment: Reports that Google’s AI “Overviews” can be manipulated by scammers have triggered anti‑spam fixes — a reminder that product reliability and user trust issues could impact search experience and ad monetization if not fully resolved. Alphabet Faces AI Overview Fraud Questions
- Negative Sentiment: Visible insider selling and mixed institutional flows (large rebalances reported) add a technical/headline headwind that can amplify short‑term volatility despite strong fundamentals. Quiver Quantitative summary of opinions and insider activity
Insider Buying and Selling at Alphabet
In other news, insider John Kent Walker sold 47,574 shares of the firm’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total value of $14,341,182.30. Following the transaction, the insider directly owned 13,227 shares of the company’s stock, valued at approximately $3,987,279.15. This trade represents a 78.25% 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 firm’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $303.92, for a total transaction of $9,877,400.00. Following the completion of the transaction, the chief executive officer directly owned 2,818,524 shares in the company, valued at approximately $856,605,814.08. This represents a 1.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 2,101,844 shares of company stock valued at $115,147,751. Corporate insiders own 12.99% of the company’s stock.
Analyst Upgrades and Downgrades
GOOG has been the topic of several analyst reports. Oppenheimer restated an “outperform” rating and set a $360.00 price target on shares of Alphabet in a research report on Thursday, February 5th. Raymond James Financial upgraded shares of Alphabet from an “outperform” rating to a “strong-buy” rating and raised their price target for the company from $315.00 to $400.00 in a research report on Thursday, January 22nd. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $370.00 price target on shares of Alphabet in a research report on Tuesday, January 20th. TD Cowen reiterated a “buy” rating and issued a $365.00 target price (up from $355.00) on shares of Alphabet in a research report on Thursday, February 5th. Finally, DZ Bank upgraded shares of Alphabet to a “strong-buy” rating in a research report on Monday, February 16th. Nine investment analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Alphabet currently has a consensus rating of “Buy” and an average target price of $345.71.
Read Our Latest Stock Report on GOOG
Institutional Trading of Alphabet
Several institutional investors have recently modified their holdings of GOOG. Ring Mountain Capital LLC lifted its stake in shares of Alphabet by 0.9% in the fourth quarter. Ring Mountain Capital LLC now owns 3,554 shares of the information services provider’s stock worth $1,174,000 after buying an additional 30 shares in the last quarter. Cannon Financial Strategists Inc. lifted its stake in shares of Alphabet by 1.9% in the fourth quarter. Cannon Financial Strategists Inc. now owns 1,589 shares of the information services provider’s stock worth $499,000 after buying an additional 30 shares in the last quarter. HRC Wealth Management LLC lifted its stake in shares of Alphabet by 1.0% in the fourth quarter. HRC Wealth Management LLC now owns 3,231 shares of the information services provider’s stock worth $1,014,000 after buying an additional 31 shares in the last quarter. Certior Financial Group LLC lifted its stake in shares of Alphabet by 3.5% in the fourth quarter. Certior Financial Group LLC now owns 919 shares of the information services provider’s stock worth $288,000 after buying an additional 31 shares in the last quarter. Finally, Synergy Investment Management LLC lifted its stake in shares of Alphabet by 0.8% in the fourth quarter. Synergy Investment Management LLC now owns 4,124 shares of the information services provider’s stock worth $1,294,000 after buying an additional 31 shares in the last quarter. Institutional investors and hedge funds own 27.26% of the company’s stock.
About Senator Fetterman
John Fetterman (Democratic Party) is a member of the U.S. Senate from Pennsylvania. He assumed office on January 3, 2023. His current term ends on January 3, 2029.
Fetterman (Democratic Party) ran for election to the U.S. Senate to represent Pennsylvania. He won in the general election on November 8, 2022.
In his role as lieutenant governor, Fetterman served as president of the Senate. He ran on a joint ticket with the gubernatorial nominee, Tom Wolf (D).
Fetterman was a 2016 Democratic candidate who sought election to the U.S. Senate from Pennsylvania. He was defeated by Katie McGinty in the Democratic primary. He served as mayor of Braddock, Pennsylvania, from 2005 to 2019; he won his first term by one vote.
Alphabet Company Profile
Alphabet Inc (NASDAQ: GOOG) is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as “Other Bets.” Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company’s history.
Alphabet’s core business centers on internet search and advertising, with Google Search and the company’s ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.
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