Alphabet (NASDAQ:GOOG) Stock Purchase Disclosed by Rep. Cleo Fields

Representative Cleo Fields (Democratic-Louisiana) recently bought shares of Alphabet Inc. (NASDAQ:GOOG). In a filing disclosed on October 1st, the Representative disclosed that they had bought between $1,001 and $15,000 in Alphabet stock on September 14th. The trade occurred in the Representative’s “MORGAN STANLEY – E*TRADE #2” account.

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

• Purchased $1,001 – $15,000 in shares of Netflix (NASDAQ:NFLX) on 9/14/2026.
• Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 9/10/2026.
• Purchased $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 9/8/2026.
• Purchased $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 8/13/2026.
• Purchased $1,001 – $15,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 7/10/2026.

Alphabet Price Performance

Shares of Alphabet stock opened at $340.35 on Friday. The firm has a market cap of $4.16 trillion, a PE ratio of 17.09, a PEG ratio of 0.97 and a beta of 1.19. The stock has a 50 day moving average of $342.10 and a 200 day moving average of $345.33. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a 12 month low of $236.68 and a 12 month high of $404.47.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings data on Thursday, July 23rd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.87 by $6.24. The business had revenue of $119.80 billion for the quarter, compared to the consensus estimate of $116.53 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.The company’s revenue was up 24.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.31 EPS. On average, research analysts expect that Alphabet Inc. will post 20.55 EPS for the current fiscal year.

Alphabet Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 14th. Investors of record on Monday, September 7th were paid a dividend of $0.22 per share. The ex-dividend date of this dividend was Friday, September 4th. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. Alphabet’s dividend payout ratio is presently 4.42%.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Zacks Research lowered shares of Alphabet from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 5th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Alphabet in a research note on Monday, August 3rd. Truist Financial lowered their price objective on shares of Alphabet from $430.00 to $420.00 and set a “buy” rating for the company in a research report on Thursday, July 23rd. Tigress Financial lifted their price objective on shares of Alphabet from $415.00 to $485.00 and gave the stock a “strong-buy” rating in a research note on Friday, September 18th. Finally, HSBC set a $515.00 target price on shares of Alphabet in a report on Friday, August 14th. Six equities research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $419.93.

Institutional Investors Weigh In On Alphabet

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Castlekeep Investment Advisors LLC bought a new position in Alphabet during the 2nd quarter valued at about $29,000. Lifetime Wealth Management P.C. bought a new stake in Alphabet in the fourth quarter worth about $38,000. Bard Associates Inc. purchased a new position in shares of Alphabet during the fourth quarter valued at approximately $41,000. Toth Financial Advisory Corp purchased a new stake in shares of Alphabet in the second quarter worth approximately $41,000. Finally, Timbuktu Capital Management LLC bought a new stake in shares of Alphabet during the 2nd quarter worth approximately $46,000. Hedge funds and other institutional investors own 27.26% of the company’s stock.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Gemini 4 Argon strengthens Alphabet’s AI narrative. Google says its new flagship model delivers strong results in coding, cybersecurity, finance, legal work and video understanding. Aggressive pricing could pressure rivals such as OpenAI and Anthropic, while potentially expanding demand for Google Cloud and other Alphabet services. Google has been playing catch up with OpenAI and Anthropic
• Positive Sentiment: Analysts remain constructive. JPMorgan maintained a positive view, and BNP Paribas reportedly retained a $420 target, citing Argon’s benchmark performance and Alphabet’s ability to monetize AI through its massive consumer, advertising and cloud ecosystems. JPMorgan sets Google stock price target
• Positive Sentiment: Market conditions provided a tailwind. Alphabet was among the contributors to gains in the S&P 500, alongside other large technology stocks, indicating that broad risk appetite also helped support GOOG. SPY is up 0.7% today
• Neutral Sentiment: New growth initiatives could add longer-term value. YouTube is considering additional live-sports rights, while Project Suncatcher is testing Google AI chips in orbit. Both initiatives are strategically interesting but are unlikely to materially affect near-term earnings. YouTube sports strategy
• Negative Sentiment: Investors remain skeptical of Argon’s commercial impact. The model’s rollout is restricted initially because of safety concerns, and analysts note that Google still trails competitors in consumer-facing personal AI agents. This helps explain why the stock’s initial AI-related gains faded. Google unveils latest AI model
• Negative Sentiment: Legal and regulatory risks remain significant. Alphabet is challenging EU orders requiring access to search data and services, while a new securities-fraud class action covers investors who purchased shares during the May–July period. Separately, publishers may pursue more than $3.2 billion in damages. GOOGL class action notice
• Negative Sentiment: AI spending creates valuation and margin concerns. Alphabet is committing heavily to chips, data centers and power even as some analysts warn that expanding compute supply could reduce pricing. Investors need evidence that AI revenue growth will justify the capital expenditure.

Insider Activity at Alphabet

In other Alphabet news, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the stock in a transaction on Monday, July 27th. The stock was sold at an average price of $19.46, for a total value of $3,832,277.26. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Frances Arnold sold 83 shares of Alphabet stock in a transaction on Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total value of $28,257.35. Following the sale, the director owned 19,076 shares of the company’s stock, valued at approximately $6,494,424.20. This trade represents a 0.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 441,399 shares of company stock worth $8,677,053 in the last quarter. 12.99% of the stock is owned by company insiders.

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 is a technology holding company best known as the parent company of Google. Established in 2015 through a corporate restructuring, Alphabet oversees Google and a collection of businesses focused on technology, innovation and emerging industries. Sundar Pichai serves as Alphabet’s chief executive officer and also leads Google.

Google is Alphabet’s primary business and operates an internet ecosystem that includes Google Search, online advertising, YouTube, Android, Chrome, Google Maps, Google Play and Google Photos.