Alphabet (NASDAQ:GOOGL) Shares Unloaded Rep. Thomas H. Kean, Jr.

Representative Thomas H. Kean, Jr. (Republican-New Jersey) recently sold shares of Alphabet Inc. (NASDAQ:GOOGL). In a filing disclosed on September 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Alphabet stock on August 27th. The trade occurred in the Representative’s “STATE STREET BANK & TRUST CO.” account.

Representative Thomas H. Kean, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 8/27/2026.
• Sold $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 8/27/2026.
• Purchased $1,001 – $15,000 in shares of MasTec (NYSE:MTZ) on 8/21/2026.
• Sold $1,001 – $15,000 in shares of Stryker (NYSE:SYK) on 7/22/2026.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 7/22/2026.
• Purchased $1,001 – $15,000 in shares of Toast (NYSE:TOST) on 7/8/2026.
• Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 7/8/2026.
• Purchased $1,001 – $15,000 in shares of ESAB (NYSE:ESAB) on 7/7/2026.
• Purchased $1,001 – $15,000 in shares of EQT (NYSE:EQT) on 7/7/2026.
• Sold $1,001 – $15,000 in shares of Analog Devices (NASDAQ:ADI) on 6/30/2026.

Alphabet Stock Down 1.5%

Alphabet stock traded down $5.33 during midday trading on Tuesday, hitting $344.06. 5,244,798 shares of the stock were exchanged, compared to its average volume of 31,080,115. Alphabet Inc. has a 1 year low of $235.84 and a 1 year high of $408.61. The firm has a market cap of $4.21 trillion, a P/E ratio of 17.27, a P/E/G ratio of 0.98 and a beta of 1.22. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. The company has a 50 day moving average price of $346.41 and a two-hundred day moving average price of $344.15.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, topping analysts’ consensus estimates of $2.89 by $6.22. The firm had revenue of $119.80 billion for the quarter, compared to analyst estimates of $117.07 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. On average, sell-side analysts predict that Alphabet Inc. will post 20.52 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. HSBC reiterated a “buy” rating and issued a $420.00 price target (down from $435.00) on shares of Alphabet in a research note on Tuesday, June 2nd. Arete Research lifted their price objective on Alphabet from $405.00 to $425.00 and gave the stock a “buy” rating in a report on Monday, May 18th. Wall Street Zen cut Alphabet from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Royal Bank Of Canada reissued an “outperform” rating and set a $425.00 price target on shares of Alphabet in a research report on Thursday, July 23rd. Finally, BMO Capital Markets set a $465.00 price target on shares of Alphabet and gave the stock an “outperform” rating in a research note on Thursday, July 23rd. Five investment analysts have rated the stock with a Strong Buy rating, forty-five have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $420.19.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. EMC Capital Management bought a new position in shares of Alphabet in the 4th quarter worth $33,000. Lifetime Wealth Management P.C. purchased a new position in Alphabet in the fourth quarter worth $32,000. Core Capital Management & Research inc. bought a new position in Alphabet in the second quarter valued at $41,000. Bard Associates Inc. bought a new position in Alphabet in the fourth quarter valued at $52,000. Finally, Graney & King LLC raised its position in Alphabet by 38.5% during the second quarter. Graney & King LLC now owns 180 shares of the information services provider’s stock valued at $64,000 after purchasing an additional 50 shares in the last quarter. Institutional investors own 40.03% of the company’s stock.

Insiders Place Their Bets

In related news, CAO Marsida Saraci sold 449 shares of the stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total transaction of $149,606.80. Following the transaction, the chief accounting officer owned 27,386 shares of the company’s stock, valued at approximately $9,125,015.20. This trade represents a 1.61% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the business’s stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $18.90, for a total transaction of $2,232,808.20. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 450,875 shares of company stock valued at $11,984,482 over the last 90 days. Insiders own 11.61% of the company’s stock.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: AI concerns may favor Alphabet. Warnings from AI leaders about slowing frontier-model development have pressured some AI-related stocks, but investors have treated Alphabet and Meta as potential beneficiaries. A more measured AI race could give Google time to improve its models while leveraging its data, distribution, and infrastructure advantages. Why Google and Meta Stocks Are the Big Winners from the Latest AI Concerns
• Positive Sentiment: Valuation remains compelling. Alphabet trades at roughly 17.5 times earnings despite net margins near 55%, return on equity above 51%, and strong recent earnings and revenue performance. Analysts maintain a consensus Buy rating, with reported price targets implying meaningful upside. Alphabet Is Building a Base—Could a Breakout Be Next?
• Positive Sentiment: Waymo is expanding its growth opportunity. Alphabet’s autonomous-driving unit has begun offering robotaxi rides to the public in Las Vegas and plans to launch a fully autonomous commercial taxi service in Tokyo in 2027. These launches provide evidence of expanding commercialization beyond Alphabet’s core advertising business. Waymo to bring autonomous ride-hailing to Las Vegas
• Positive Sentiment: Long-term AI infrastructure investments could strengthen Google Cloud. Alphabet’s nuclear-power agreements and major investment in Finnish AI infrastructure address electricity constraints that could limit data-center growth. Its cloud backlog and enterprise AI distribution are also supporting the bullish case.
• Neutral Sentiment: Google is giving all engineers access to Anthropic’s Claude for coding. The move highlights practical AI adoption and Alphabet’s investment in Anthropic, but it also shows that Google is using a rival model alongside its own systems. Google finally lets all engineers use Anthropic’s Claude
• Negative Sentiment: AI spending is pressuring capital returns. Reports that Alphabet has halted share buybacks while increasing spending and debt for data centers could weigh on per-share earnings and investor returns. The End of Big Tech Buybacks?
• Negative Sentiment: Shareholder securities-fraud investigations and recurring warnings that advanced AI could pose severe risks add legal, regulatory, and reputational uncertainty, although neither appears to have displaced the current bullish investment narrative.

About Representative Kean

Thomas Kean Jr. (Republican Party) is a member of the U.S. House, representing New Jersey’s 7th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Kean (Republican Party) is running for re-election to the U.S. House to represent New Jersey’s 7th Congressional District. He declared candidacy for the 2026 election.

Thomas Kean Jr. lives in Westfield, New Jersey. Kean earned a master’s degree from the Tufts University Fletcher School of Law and Diplomacy. His career experience includes working with the Environmental Protection Agency during the George H.W. Bush administration and as an advisor to former U.S. Representative Bob Franks, a firefighter, and an emergency medical technician. Kean has served as the vice president of a fire department.

About Alphabet

Alphabet Inc is a technology and holding company founded in 2015 through a restructuring of Google. The company is headquartered in Mountain View, California, and operates globally, serving consumers, businesses, advertisers and developers across numerous countries and regions.

Alphabet’s largest business is Google Services, which includes Google Search, online advertising, YouTube, Android, Chrome, Google Maps, Google Play and hardware products such as Pixel devices. These products support activities including internet search, digital content distribution, mobile computing, online communications and advertising.