Rep. Michael A. Rulli Buys Alphabet Inc. (NASDAQ:GOOGL) Stock

Representative Michael A. Rulli (Republican-Ohio) recently bought shares of Alphabet Inc. (NASDAQ:GOOGL). In a filing disclosed on August 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in Alphabet stock on June 25th. The trade occurred in the Representative’s “MERRILL LYNCH MANAGED ACCOUNT” account.

Representative Michael A. Rulli also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Crown Castle (NYSE:CCI) on 8/6/2026.
• Sold $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 7/1/2026.
• Purchased $1,001 – $15,000 in shares of KLA (NASDAQ:KLAC) on 7/1/2026.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 6/29/2026.
• Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 6/25/2026.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 6/25/2026.
• Purchased $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 6/25/2026.
• Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 6/25/2026.
• Sold $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 6/25/2026.

Alphabet Stock Performance

NASDAQ GOOGL opened at $357.52 on Tuesday. 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 market cap of $4.37 trillion, a P/E ratio of 17.96, a P/E/G ratio of 0.99 and a beta of 1.24. The stock has a 50-day moving average of $355.30 and a two-hundred day moving average of $340.74. Alphabet Inc. has a 1-year low of $196.60 and a 1-year high of $408.61.

Alphabet (NASDAQ:GOOGL) last issued its earnings results 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 during the quarter, compared to the consensus estimate of $117.07 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. As a group, analysts anticipate that Alphabet Inc. will post 20.51 EPS for the current year.

Alphabet Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, September 14th. Shareholders of record on Monday, September 7th will be given a $0.22 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.88 dividend on an annualized basis and a yield of 0.2%. Alphabet’s payout ratio is presently 4.42%.

Insider Activity at Alphabet

In related news, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the firm’s stock in a transaction on Monday, July 27th. The shares were sold at an average price of $19.46, for a total transaction of $3,832,277.26. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, 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 value of $387,061.50. Following 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 disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 600,547 shares of company stock worth $16,255,540. Company insiders own 11.61% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on the company. Bank of America upped their price objective on Alphabet from $370.00 to $430.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Robert W. Baird boosted their target price on Alphabet from $380.00 to $400.00 and gave the company an “outperform” rating in a report on Thursday, April 30th. Dbs Bank increased their price target on Alphabet from $400.00 to $460.00 in a report on Thursday, May 7th. Susquehanna reiterated a “positive” rating and issued a $460.00 price objective (up from $400.00) on shares of Alphabet in a research report on Thursday, April 30th. Finally, CICC Research boosted their price objective on shares of Alphabet from $388.00 to $407.91 and gave the company an “outperform” rating in a research note on Friday, May 1st. Six research analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $419.86.

Hedge Funds Weigh In On Alphabet

A number of large investors have recently bought and sold shares of GOOGL. Lifetime Wealth Management P.C. acquired a new position in Alphabet in the fourth quarter valued at $32,000. EMC Capital Management purchased a new position in shares of Alphabet in the 4th quarter worth about $33,000. IFC & Insurance Marketing Inc. purchased a new position in shares of Alphabet in the 4th quarter worth about $38,000. Bard Associates Inc. acquired a new position in shares of Alphabet in the 4th quarter valued at about $52,000. Finally, Kentucky Trust Co grew its holdings in shares of Alphabet by 142.9% during the 4th quarter. Kentucky Trust Co now owns 170 shares of the information services provider’s stock worth $53,000 after purchasing an additional 100 shares during the period. Hedge funds and other institutional investors own 40.03% of the company’s stock.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s Google Cloud business remains the strongest fundamental catalyst. Recent reports highlighted 82% year-over-year revenue growth and a contracted backlog of approximately $514 billion, suggesting robust demand for AI and cloud infrastructure. Alphabet’s Cloud Computing Business Just Posted 82% Revenue Growth
• Positive Sentiment: Alphabet’s decision to raise 2026 capital expenditures to roughly $205 billion signals confidence in sustained AI demand and could strengthen its competitive position in cloud computing, search and AI services. The spending is also viewed as a potential tailwind for technology-focused ETFs. Alphabet’s Higher AI Spending Could Boost These ETFs
• Positive Sentiment: Google Play is adding Venmo as a payment option for apps, games and digital content, a modestly positive development that could improve checkout convenience and support transaction activity. Google Play adds Venmo as a payment option
• Neutral Sentiment: Alphabet continues to be identified by investment commentary as one of the leading AI stocks, supported by its financial resources, cloud growth and large-scale infrastructure investments. However, the stock’s outlook remains tied to whether those investments generate sufficient returns. Is Alphabet Still One of the Best AI Stocks to Own?
• Negative Sentiment: The $205 billion investment plan increases execution and return-on-capital risk. Reports that Meta could spend as much as $145 billion on AI, while major productivity gains remain elusive, reinforce investor concerns that the industry may be overspending before monetization is proven. Zuckerberg Plans to Spend $145 Billion on AI This Year
• Negative Sentiment: Google AI Overviews reportedly generated inaccurate or damaging descriptions of a small business, raising concerns about search quality, reputational harm and potential regulatory or liability costs. The new Google is destroying small businesses’ reputations
• Negative Sentiment: Google remains among the platforms facing thousands of user-addiction lawsuits after unsuccessful appeals, creating a continuing legal and financial overhang. Social media platforms still facing thousands of user addiction lawsuits
• Negative Sentiment: Waymo’s rapid expansion is exposing more “edge cases” involving driverless vehicles, highlighting operational, safety and regulatory risks for Alphabet’s autonomous-driving investment. Waymo Is Growing Faster Than Ever. So Are Its Edge Cases

About Representative Rulli

Michael Rulli (Republican Party) is a member of the U.S. House, representing Ohio’s 6th Congressional District. He assumed office on June 25, 2024. His current term ends on January 3, 2027.

Rulli (Republican Party) is running for re-election to the U.S. House to represent Ohio’s 6th Congressional District. He declared candidacy for the 2026 election.

Michael Rulli graduated from Poland Seminary High School. He earned a degree from Emerson College. Rulli’s career experience includes working as the director of operations with Rulli Bros. Markets.

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.