Senator Jerry Moran (Republican-Kansas) recently sold shares of Alphabet Inc. (NASDAQ:GOOG). In a filing disclosed on June 25th, the Senator disclosed that they had sold between $1,001 and $15,000 in Alphabet stock on May 27th.
Senator Jerry Moran also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Berkshire Hathaway (NYSE:BRK.B) on 5/27/2026.
Alphabet Price Performance
NASDAQ GOOG traded up $4.29 on Wednesday, hitting $357.62. 3,719,622 shares of the company’s stock were exchanged, compared to its average volume of 21,771,246. The stock has a market cap of $4.33 trillion, a price-to-earnings ratio of 27.34, a P/E/G ratio of 1.50 and a beta of 1.22. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.16. The stock has a 50-day moving average of $366.98 and a 200-day moving average of $332.53. Alphabet Inc. has a 52 week low of $173.88 and a 52 week high of $404.47.
Alphabet Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 8th were given a $0.22 dividend. The ex-dividend date was Monday, June 8th. This is an increase from Alphabet’s previous quarterly dividend of $0.21. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.2%. Alphabet’s dividend payout ratio (DPR) is 6.71%.
Wall Street Analyst Weigh In
Several research analysts recently commented on the stock. Pivotal Research reaffirmed 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. The Goldman Sachs Group reissued a “buy” rating and set a $450.00 price target on shares of Alphabet in a research report on Thursday, May 21st. Scotiabank reissued an “outperform” rating and set a $450.00 target price (up from $400.00) on shares of Alphabet in a research note on Thursday, April 30th. Truist Financial set a $430.00 target price on Alphabet in a report on Monday, June 1st. Finally, Citigroup reissued a “market outperform” rating on shares of Alphabet in a research report on Monday, June 22nd. Four equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $376.78.
Read Our Latest Report on Alphabet
Alphabet News Summary
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Alphabet officially joined the Dow Jones Industrial Average, which is driving buying interest and boosting the stock as passive funds and benchmark investors add exposure. Reuters: Alphabet debuts in Dow Jones Industrial Average as index tilts toward tech
- Positive Sentiment: Google launched lower-cost, faster AI image and video models, including Nano Banana 2 Lite and Gemini Omni, supporting sentiment around Alphabet’s AI product roadmap. TechCrunch: Google introduces a faster, cheaper image generator with Nano Banana 2 Lite
- Positive Sentiment: FactSet announced a strategic partnership with Google Cloud to develop AI-powered financial intelligence tools, another signal that Alphabet’s cloud AI push is gaining enterprise traction. Yahoo Finance: FactSet Announces Strategic Partnership with Google Cloud to Bring Advanced AI to Financial Intelligence
- Positive Sentiment: Wall Street remains broadly bullish on Alphabet, with multiple analysts maintaining Buy/Outperform ratings and price targets well above the current share price.
- Neutral Sentiment: Recent insider selling by directors and executives was modest in size and does not appear material, but it may add a small cautionary note for some investors. SEC filing: Alphabet insider transaction
- Negative Sentiment: Investors are still focused on Alphabet’s heavy AI infrastructure spending, with reports warning that large capex plans and compute constraints could pressure near-term margins. Yahoo Finance: If You Think Alphabet’s AI Spending Is High Now, Just Wait for 2028
- Negative Sentiment: UK regulators are reviewing proposals that could loosen Google app-store payment restrictions, a potential threat to app marketplace economics. TechXplore: UK targets Apple, Google app store fees for developers
- Negative Sentiment: A Swedish court ordered Google to pay nearly $2 billion in antitrust damages to Klarna’s PriceRunner, adding fresh legal overhang for Alphabet. Reuters: Swedish court says Google is to pay $1.5 billion to Klarna in antitrust damages
Institutional Investors Weigh In On Alphabet
A number of hedge funds have recently bought and sold shares of the business. Imprint Wealth LLC purchased a new stake in shares of Alphabet in the third quarter valued at approximately $31,000. Nvest Wealth Strategies Inc. purchased a new stake in Alphabet during the 4th quarter worth approximately $38,000. Lifetime Wealth Management P.C. purchased a new stake in Alphabet during the 4th quarter valued at about $38,000. Bard Associates Inc. purchased a new position in Alphabet during the 4th quarter worth approximately $41,000. Finally, Towne Trust Company N.A grew its position in Alphabet by 34.0% during the 4th quarter. Towne Trust Company N.A now owns 134 shares of the information services provider’s stock worth $42,000 after purchasing an additional 34 shares during the period. Hedge funds and other institutional investors own 27.26% of the company’s stock.
Insider Activity
In other Alphabet news, Director John L. Hennessy sold 1,050 shares of Alphabet stock in a transaction on Friday, May 15th. The shares were sold at an average price of $393.26, for a total value of $412,923.00. Following the completion of the transaction, the director owned 2,531 shares of the company’s stock, valued at approximately $995,341.06. The trade was a 29.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Frances Arnold sold 112 shares of the business’s stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $351.28, for a total transaction of $39,343.36. Following the completion of the sale, the director directly owned 18,833 shares of the company’s stock, valued at approximately $6,615,656.24. The trade was a 0.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 151,467 shares of company stock valued at $4,877,600 in the last quarter. Company insiders own 12.99% of the company’s stock.
About Senator Moran
Jerry Moran (Republican Party) is a member of the U.S. Senate from Kansas. He assumed office on January 3, 2011. His current term ends on January 3, 2029. Moran (Republican Party) ran for re-election to the U.S. Senate to represent Kansas. He won in the general election on November 8, 2022. Moran was first elected to the Senate in 2010. Moran served as chairman of the National Republican Senatorial Committee from 2013 to 2015. During the 2014 midterm elections, the Republican Party gained a majority in the U.S. Senate after winning an additional nine net seats. He previously represented the U.S. House of Representatives from 1997 to 2011 and the Kansas State Senate from 1989 to 1997. As of a 2014 analysis of multiple outside rankings, Moran is an average Republican member of Congress, meaning he will vote with the Republican Party on the majority of bills. Moran was born in 1954 in Great Bend, KS, but was raised in Plainville, KS. After graduating from Plainville High School, Moran went on to earn his B.S. at the University of Kansas in 1976, and his J.D. at Kansas University School of Law in 1981. Moran has also worked as a bank officer.
About Alphabet
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.
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