Rep. David Taylor Buys Shares of Alphabet Inc. (NASDAQ:GOOGL)

Representative David Taylor (Republican-Ohio) recently bought shares of Alphabet Inc. (NASDAQ:GOOGL). In a filing disclosed on November 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Alphabet stock on November 3rd. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SCHWAB JOINT BROKERAGE #1 (HOME GROWN)” account.

Representative David Taylor also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 11/5/2026.
• Sold $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 11/5/2026.
• Purchased $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 11/5/2026.
• Purchased $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 11/5/2026.
• Sold $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 11/3/2026.
• Purchased $1,001 – $15,000 in shares of Eaton (NYSE:ETN) on 11/3/2026.
• Sold $1,001 – $15,000 in shares of Kroger (NYSE:KR) on 11/3/2026.
• Purchased $1,001 – $15,000 in shares of AT&T (NYSE:T) on 11/3/2026.
• Sold $1,001 – $15,000 in shares of Visa (NYSE:V) on 11/3/2026.
• Sold $1,001 – $15,000 in shares of Amgen (NASDAQ:AMGN) on 11/3/2026.

Alphabet Stock Down 1.0%

Shares of Alphabet stock traded down $2.93 during trading on Friday, hitting $295.77. 30,682,111 shares of the stock traded hands, compared to its average volume of 40,687,932. The company has a current ratio of 2.79, a quick ratio of 2.69 and a debt-to-equity ratio of 0.19. The stock’s fifty day simple moving average is $328.18 and its 200 day simple moving average is $338.01. The firm has a market cap of $3.64 trillion, a P/E ratio of 15.44, a price-to-earnings-growth ratio of 0.90 and a beta of 1.23. Alphabet Inc. has a 52-week low of $270.70 and a 52-week high of $408.61.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings data on Wednesday, October 28th. The information services provider reported $2.12 earnings per share for the quarter, missing analysts’ consensus estimates of $3.02 by ($0.90). Alphabet had a return on equity of 43.33% and a net margin of 50.03%. The business had revenue of $127.58 billion during the quarter, compared to analysts’ expectations of $127.96 billion. On average, equities analysts predict that Alphabet Inc. will post 19.81 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 14th. Stockholders of record on Monday, December 7th will be paid a dividend of $0.22 per share. The ex-dividend date is Monday, December 7th. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is currently 4.59%.

Institutional Investors Weigh In On Alphabet

Hedge funds and other institutional investors have recently bought and sold shares of the company. State Street Corp grew its stake in shares of Alphabet by 1.4% during the third quarter. State Street Corp now owns 242,259,020 shares of the information services provider’s stock worth $83,356,484,000 after acquiring an additional 3,281,761 shares during the last quarter. Fisher Asset Management LLC raised its position in shares of Alphabet by 1.7% in the 3rd quarter. Fisher Asset Management LLC now owns 40,659,406 shares of the information services provider’s stock valued at $13,990,089,000 after purchasing an additional 669,566 shares during the last quarter. Amundi raised its position in shares of Alphabet by 4.6% in the 2nd quarter. Amundi now owns 33,203,350 shares of the information services provider’s stock valued at $11,865,809,000 after purchasing an additional 1,457,371 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of Alphabet by 10.1% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 17,724,321 shares of the information services provider’s stock valued at $6,334,186,000 after purchasing an additional 1,631,721 shares during the last quarter. Finally, Swiss National Bank boosted its stake in Alphabet by 7.1% in the 1st quarter. Swiss National Bank now owns 17,079,800 shares of the information services provider’s stock worth $4,911,467,000 after purchasing an additional 1,139,400 shares in the last quarter. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Top Alphabet Stories

These are some of the GOOGL stories that stood out recently:

• Positive Sentiment: Google Cloud’s reported 103% third-quarter revenue growth and tripling of operating income suggest that Alphabet’s large AI infrastructure investments may be generating returns, bolstering the case for spending despite its scale. Read More.
• Neutral Sentiment: An investor commentary argues that Alphabet’s substantial cash generation and business strengths provide reasons not to overreact to AI-related capital spending, though the returns on that spending remain a key issue for investors. Read More.
• Negative Sentiment: Alphabet co-founder Larry Page reportedly plans to sell another $148 million in shares. Insider sales can weigh on sentiment, although a sale alone does not establish a change in the company’s outlook. Read More.

Insider Buying and Selling

In other Alphabet news, Director Frances Arnold sold 83 shares of the business’s stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total transaction 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. The trade was a 0.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last ninety days, insiders have sold 247 shares of company stock valued at $79,238. 11.61% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Sanford C. Bernstein reissued a “market perform” rating and set a $325.00 price objective (down from $385.00) on shares of Alphabet in a report on Thursday, October 29th. Moffett Nathanson set a $345.00 target price on Alphabet in a report on Thursday, October 29th. Cantor Fitzgerald lowered their target price on Alphabet from $420.00 to $350.00 and set an “overweight” rating for the company in a report on Thursday, October 29th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $385.00 target price on shares of Alphabet in a research report on Thursday, October 29th. Finally, DA Davidson cut their price target on Alphabet from $350.00 to $300.00 and set a “neutral” rating on the stock in a report on Thursday, October 29th. Five research analysts have rated the stock with a Strong Buy rating, forty-five have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $412.51.

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.

David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

About Alphabet

Alphabet Inc. is a technology holding company whose largest business is Google. Founded in 1998 by Larry Page and Sergey Brin, Google became part of Alphabet when the company reorganized its businesses under the holding-company structure in 2015. Google’s products and services include Search, YouTube, Android, Chrome, Google Maps, Google Play and Google Cloud. The company also generates revenue from digital advertising and offers devices, subscriptions and artificial intelligence products and services.