Rep. Dan Crenshaw Sells Off Shares of Alphabet Inc. (NASDAQ:GOOG)

Representative Dan Crenshaw (Republican-Texas) recently sold shares of Alphabet Inc. (NASDAQ:GOOG). In a filing disclosed on July 16th, the Representative disclosed that they had sold between $1,001 and $15,000 in Alphabet stock on June 1st.

Representative Dan Crenshaw also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of United States 3x Oil Fund (NYSEARCA:USOU) on 6/1/2026.
• Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 6/1/2026.
• Sold $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 6/1/2026.
• Sold $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 6/1/2026.

Alphabet Trading Down 0.8%

Shares of GOOG stock traded down $2.93 during mid-day trading on Tuesday, reaching $348.44. The company’s stock had a trading volume of 7,149,124 shares, compared to its average volume of 21,327,322. The company’s 50 day simple moving average is $365.58 and its 200-day simple moving average is $337.07. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $4.22 trillion, a PE ratio of 26.58, a price-to-earnings-growth ratio of 1.43 and a beta of 1.23. Alphabet Inc. has a 12-month low of $188.49 and a 12-month high of $404.47.

Alphabet (NASDAQ:GOOG) last released its earnings results on Thursday, April 30th. The information services provider reported $5.11 EPS for the quarter, topping analysts’ consensus estimates of $2.68 by $2.43. The company had revenue of $109.90 billion for the quarter, compared to the consensus estimate of $106.96 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.Alphabet’s quarterly revenue was up 21.8% compared to the same quarter last year. During the same quarter last year, the business posted $2.81 EPS. On average, research analysts predict that Alphabet Inc. will post 14.33 EPS for the current fiscal year.

Alphabet Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 8th were given a dividend of $0.22 per share. This is a boost from Alphabet’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend was Monday, June 8th. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. Alphabet’s dividend payout ratio is currently 6.71%.

Insider Buying and Selling at Alphabet

In other news, Director John L. Hennessy sold 1,050 shares of the stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $368.63, for a total transaction of $387,061.50. Following the completion of the transaction, the director directly owned 1,481 shares in the company, valued at approximately $545,941.03. This represents a 41.49% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $23.75, for a total value of $2,077,531.25. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 159,415 shares of company stock worth $7,672,279. Company insiders own 12.99% of the company’s stock.

Wall Street Analyst Weigh In

GOOG has been the subject of a number of recent analyst reports. Pivotal Research reissued a “buy” rating and issued a $470.00 price objective (up from $420.00) on shares of Alphabet in a report on Wednesday, April 29th. Phillip Securities lowered Alphabet from a “strong-buy” rating to a “moderate buy” rating in a report on Wednesday, April 15th. Citigroup reiterated a “market outperform” rating on shares of Alphabet in a report on Monday, June 22nd. Zacks Research upgraded shares of Alphabet from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 7th. Finally, Wolfe Research reiterated an “outperform” rating on shares of Alphabet in a research report on Monday. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $383.44.

Institutional Trading of Alphabet

Institutional investors have recently made changes to their positions in the stock. Kathmere Capital Management LLC lifted its stake in shares of Alphabet by 8.5% in the 4th quarter. Kathmere Capital Management LLC now owns 29,896 shares of the information services provider’s stock worth $9,381,000 after purchasing an additional 2,341 shares during the period. Gerber Kawasaki Wealth & Investment Management increased its holdings in shares of Alphabet by 1.0% in the fourth quarter. Gerber Kawasaki Wealth & Investment Management now owns 275,943 shares of the information services provider’s stock worth $86,596,000 after purchasing an additional 2,850 shares during the last quarter. Newbridge Financial Services Group Inc. lifted its position in shares of Alphabet by 7.5% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 60,739 shares of the information services provider’s stock worth $19,060,000 after buying an additional 4,239 shares in the last quarter. World Investment Advisors grew its holdings in Alphabet by 8.7% during the 4th quarter. World Investment Advisors now owns 190,654 shares of the information services provider’s stock valued at $59,827,000 after buying an additional 15,280 shares in the last quarter. Finally, Violich Capital Management Inc. grew its holdings in Alphabet by 1.0% during the 4th quarter. Violich Capital Management Inc. now owns 340,776 shares of the information services provider’s stock valued at $106,936,000 after buying an additional 3,378 shares in the last quarter. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google unveiled new Gemini models, including cheaper versions aimed at reducing AI serving costs and improving efficiency. Reuters: Google updates lightweight Gemini models, but flagship still delayed
• Positive Sentiment: Reports that Google is building the “Frozen v2” AI chip helped fuel optimism that Alphabet can cut AI costs and protect margins as demand for Gemini and cloud services grows. Reuters: Google plans new chip to run Gemini models more efficiently
• Positive Sentiment: Analysts remain broadly bullish ahead of earnings, with expectations for strong Search and Google Cloud growth to support a Q2 beat. Reuters: Alphabet’s Gemini delay, spending worries loom over earnings
• Neutral Sentiment: Alphabet’s Q2 report is due after the close on July 22, and traders expect a sizable post-earnings move as they look for guidance on AI spending, cloud growth, and ad momentum. TipRanks: Options traders brace for a 13.5% earnings move
• Negative Sentiment: Investor concern remains elevated over Gemini launch delays and whether massive data-center spending is producing enough near-term payoff, which could pressure the stock if earnings commentary disappoints. Reuters: Alphabet’s Gemini delay, spending worries loom over earnings
• Negative Sentiment: Multiple securities-fraud investigations were announced, adding a legal overhang even though these disclosures are not yet proven claims. GlobeNewswire: Securities Fraud Investigation Into Alphabet Continues

About Representative Crenshaw

Daniel Crenshaw (Republican Party) is a member of the U.S. House, representing Texas’ 2nd Congressional District. He assumed office on January 3, 2019. His current term ends on January 3, 2027.

Crenshaw (Republican Party) is running for re-election to the U.S. House to represent Texas’ 2nd Congressional District. He declared candidacy for the 2026 election.

Crenshaw defeated Todd Litton (D), Patrick Gunnels (L), and Scott Cubbler (Independent) in the general election on November 6, 2018. He advanced to a Republican primary runoff on May 22, 2018, where he defeated Kevin Roberts. The runoff election was called after no candidate won 50 percent of the vote in the Republican primary on March 6, 2018.

A retired lieutenant commander in the U.S. Navy, Crenshaw served in the Navy SEALs for ten years. Prior to running in 2018, Crenshaw had not previously served in elected office. Crenshaw’s candidacy received media attention, including an appearance on Fox and Friends. U.S. Reps. Pete Sessions (R-Texas), whom he previously worked for as a military legislative assistant, and Scott Taylor (R-Virg.) endorsed Crenshaw’s candidacy.

Crenshaw served as a Navy SEAL from 2006 to 2016. He was deployed to Iraq and Afghanistan and lost his right eye in an IED explosion in Afghanistan. He earned a bachelor’s degree in international affairs from Tufts University and an M.P.A. from Harvard.

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.