Rep. Cleo Fields Purchases Shares of Alphabet Inc. (NASDAQ:GOOGL)

Representative Cleo Fields (Democratic-Louisiana) recently bought shares of Alphabet Inc. (NASDAQ:GOOGL). In a filing disclosed on February 24th, the Representative disclosed that they had bought between $100,001 and $250,000 in Alphabet stock on February 3rd. 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 Apple (NASDAQ:AAPL) on 2/12/2026.
• Purchased $15,001 – $50,000 in shares of Lam Research (NASDAQ:LRCX) on 2/3/2026.
• Purchased $100,001 – $250,000 in shares of Micron Technology (NASDAQ:MU) on 2/3/2026.
• Purchased $50,001 – $100,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 2/3/2026.
• Purchased $100,001 – $250,000 in shares of Meta Platforms (NASDAQ:META) on 2/3/2026.
• Purchased $50,001 – $100,000 in shares of IREN (NASDAQ:IREN) on 1/20/2026.
• Purchased $50,001 – $100,000 in shares of Meta Platforms (NASDAQ:META) on 1/20/2026.
• Purchased $50,001 – $100,000 in shares of Netflix (NASDAQ:NFLX) on 1/20/2026.
• Purchased $100,001 – $250,000 in shares of Alphabet (NASDAQ:GOOG) on 1/20/2026.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 1/12/2026.

Alphabet Price Performance

Shares of GOOGL opened at $313.00 on Thursday. The business’s 50-day moving average is $320.80 and its two-hundred day moving average is $281.27. The company has a market capitalization of $3.79 trillion, a P/E ratio of 28.95, a P/E/G ratio of 1.82 and a beta of 1.09. Alphabet Inc. has a fifty-two week low of $140.53 and a fifty-two week high of $349.00. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01.

Alphabet (NASDAQ:GOOGL) last issued its earnings results on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, topping analysts’ consensus estimates of $2.57 by $0.25. The firm had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%. Research analysts predict that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 9th will be issued a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Monday, March 9th. Alphabet’s dividend payout ratio is presently 7.77%.

Insiders Place Their Bets

In related news, insider John Kent Walker sold 47,574 shares of the stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $301.45, for a total value of $14,341,182.30. Following the completion of the sale, the insider 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 document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John L. Hennessy sold 600 shares of the business’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $306.73, for a total value of $184,038.00. Following the transaction, the director directly owned 20,624 shares in the company, valued at $6,325,999.52. This trade represents a 2.83% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 2,112,482 shares of company stock valued at $119,145,289. Insiders own 11.64% of the company’s stock.

Wall Street Analyst Weigh In

GOOGL has been the subject of a number of analyst reports. Canaccord Genuity Group set a $415.00 price target on Alphabet in a report on Thursday, February 5th. HSBC boosted their target price on shares of Alphabet from $335.00 to $370.00 and gave the company a “buy” rating in a research note on Tuesday, December 2nd. Stifel Nicolaus restated a “buy” rating and set a $395.00 price target (up from $346.00) on shares of Alphabet in a research report on Thursday, February 5th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $370.00 price objective on shares of Alphabet in a research report on Thursday, February 5th. Finally, Evercore restated an “outperform” rating and set a $400.00 target price (up from $325.00) on shares of Alphabet in a research report on Thursday, February 5th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-three have issued a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $366.57.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s 14% stake in Anthropic and other private holdings (plus its device and distribution scale) create hidden equity upside and recurring Google Cloud revenue as Claude adoption grows — a structural bullish catalyst. Alphabet’s Quiet Edge: The Hidden Assets Powering Its Run
• Positive Sentiment: Loop Capital raised its GOOGL price target to $355, signaling analyst confidence that recent execution and AI momentum justify higher valuation. Loop Capital Boosts Alphabet (NASDAQ:GOOGL) Price Target to $355.00
• Positive Sentiment: Alphabet brought robotics software unit Intrinsic into Google — consolidation that should accelerate productization of physical AI/robotics capabilities and simplify go-to-market. Former Alphabet ‘moonshot’ robotics company Intrinsic is folding into Google
• Positive Sentiment: Waymo is expanding tests to Chicago and Charlotte, a concrete commercialization step for Alphabet’s AV business that supports longer-term revenue optionality. Waymo to begin testing in Chicago and Charlotte
• Positive Sentiment: Samsung’s S26 showcases Gemini operating third?party apps (e.g., autonomous Uber actions), highlighting device-level distribution and product partnerships that widen Gemini’s reach. Samsung’s S26 gives an advance look at what the Google-powered Apple Siri could do
• Positive Sentiment: Google’s large clean?energy/data?center deals (1.9GW + a 100?hour battery) and long?term power contracts support massive AI compute scale — positive for cloud margins and capacity to host partners like Anthropic. Google’s new 1.9GW clean energy deal includes massive 100-hour battery
• Neutral Sentiment: Anthropic announced partnerships and integrations (Slack, Intuit, etc.), which supports Claude adoption — beneficial to Alphabet’s stake and cloud revenue but timing and magnitude remain uncertain. Software stocks rebound as Anthropic announces new partnerships
• Neutral Sentiment: Google says it disrupted a China?linked hacking group — a positive operational/PR point but unlikely to move fundamentals materially. Google disrupts Chinese-linked hackers that attacked 53 groups globally
• Negative Sentiment: Regulatory risk in Europe remains active: Reuters reports Google will test new search layouts to give rivals more visibility as it seeks to avoid an EU fine — a reminder of lingering antitrust exposure. Exclusive: Google to test changes to search results, source says as EU fine looms
• Negative Sentiment: Geopolitical/regulatory noise: Russia fined Google ~22M roubles over VPN distribution — small dollar impact but part of a patchwork of regional legal risks. Russia fines Google for distributing VPN services, TASS reports
• Negative Sentiment: Sector?level selling and insider activity in the Magnificent Seven cohort (and isolated insider sales tied to GOOGL media mentions) may cap near?term multiple expansion despite strong fundamentals. The “Magnificent Seven” Are Sending Shockwaves Through Wall Street With This $8.4 Billion Warning

Hedge Funds Weigh In On Alphabet

Hedge funds and other institutional investors have recently made changes to their positions in the company. Symmetry Partners LLC raised its position in shares of Alphabet by 0.4% in the fourth quarter. Symmetry Partners LLC now owns 7,912 shares of the information services provider’s stock valued at $2,476,000 after buying an additional 30 shares during the last quarter. Members Trust Co grew its stake in Alphabet by 0.5% during the 4th quarter. Members Trust Co now owns 6,434 shares of the information services provider’s stock valued at $2,014,000 after acquiring an additional 31 shares in the last quarter. Altfest L J & Co. Inc. grew its stake in Alphabet by 0.4% during the 4th quarter. Altfest L J & Co. Inc. now owns 7,952 shares of the information services provider’s stock valued at $2,489,000 after acquiring an additional 31 shares in the last quarter. Insight 2811 Inc. raised its holdings in Alphabet by 1.0% in the 4th quarter. Insight 2811 Inc. now owns 3,124 shares of the information services provider’s stock valued at $978,000 after acquiring an additional 32 shares during the last quarter. Finally, LJI Wealth Management LLC lifted its stake in Alphabet by 0.4% in the 4th quarter. LJI Wealth Management LLC now owns 7,265 shares of the information services provider’s stock worth $2,274,000 after purchasing an additional 32 shares in the last quarter. Hedge funds and other institutional investors own 40.03% of the company’s stock.

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 the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.