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
Shares of GOOG opened at $353.33 on Wednesday. The stock has a market cap of $4.28 trillion, a P/E ratio of 26.95, a price-to-earnings-growth ratio of 1.50 and a beta of 1.22. Alphabet Inc. has a 1 year low of $173.88 and a 1 year high of $404.47. The stock’s 50-day moving average price is $366.98 and its two-hundred day moving average price is $332.53. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.16.
Alphabet Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 8th were issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 0.2%. This is an increase from Alphabet’s previous quarterly dividend of $0.21. The ex-dividend date was Monday, June 8th. Alphabet’s dividend payout ratio (DPR) is 6.71%.
More Alphabet News
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Alphabet officially joined the Dow Jones Industrial Average, prompting a stock lift as passive funds and blue-chip investors rebalance into the shares. Reuters: Alphabet debuts in Dow Jones Industrial Average as index tilts toward tech
- Positive Sentiment: Google launched Nano Banana 2 Lite and Gemini Omni, cheaper and faster AI image/video models that could strengthen its AI product lineup and improve adoption. TechCrunch: Google introduces a faster, cheaper image generator with Nano Banana 2 Lite
- Positive Sentiment: FactSet announced a strategic partnership with Google Cloud to build AI-powered financial intelligence tools, adding validation for Google Cloud’s enterprise AI push. Yahoo Finance: FactSet Announces Strategic Partnership with Google Cloud to Bring Advanced AI to Financial Intelligence
- Positive Sentiment: Visa and Google signed on to use OpenUSD for money movement, suggesting additional ecosystem relevance in digital payments and infrastructure. PYMNTS: Visa and Google Sign on to Use Money Movement Stablecoin OpenUSD
- Neutral Sentiment: Several reports highlighted continued bullish analyst views and higher price targets, which support sentiment but are not new fundamental changes by themselves.
- Negative Sentiment: Investors are still worried about Alphabet’s heavy AI spending, with reports noting massive compute-capacity plans and the risk that capital expenditures may weigh on near-term margins. Yahoo Finance: If You Think Alphabet’s AI Spending Is High Now, Just Wait for 2028
- Negative Sentiment: UK regulators opened a consultation aimed at loosening app-store payment restrictions, a potential pressure point for Google’s app marketplace economics. TechXplore: UK targets Apple, Google app store fees for developers
- Negative Sentiment: Recent insider sales, including by director Frances Arnold and CAO Marsida Saraci, may add a small cautionary note even though the sales were modest. SEC filing: Alphabet insider transaction
Insider Transactions at Alphabet
In other news, Director John L. Hennessy sold 1,050 shares of the business’s 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 sale, the director owned 2,531 shares of the company’s stock, valued at $995,341.06. The trade was a 29.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of the stock in a transaction on Friday, May 15th. The stock was sold at an average price of $23.75, for a total transaction of $2,077,531.25. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 151,467 shares of company stock worth $4,877,600. Insiders own 12.99% of the company’s stock.
Hedge Funds Weigh In On Alphabet
A number of institutional investors and hedge funds have recently added to or reduced their stakes in GOOG. Imprint Wealth LLC bought a new stake in shares of Alphabet in the third quarter valued at about $31,000. Nvest Wealth Strategies Inc. acquired a new stake in Alphabet in the 4th quarter valued at approximately $38,000. Lifetime Wealth Management P.C. acquired a new stake in Alphabet in the 4th quarter valued at approximately $38,000. Bard Associates Inc. bought a new stake in Alphabet in the 4th quarter valued at approximately $41,000. Finally, Towne Trust Company N.A lifted its stake in Alphabet by 34.0% in the 4th quarter. Towne Trust Company N.A now owns 134 shares of the information services provider’s stock valued at $42,000 after acquiring an additional 34 shares in the last quarter. 27.26% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of brokerages recently issued reports on GOOG. TD Cowen boosted their price objective on shares of Alphabet from $450.00 to $475.00 and gave the company a “buy” rating in a report on Tuesday, June 9th. Pivotal Research reissued a “buy” rating and set a $470.00 price target (up from $420.00) on shares of Alphabet in a research report on Wednesday, April 29th. Phillip Securities lowered shares of Alphabet from a “strong-buy” rating to a “moderate buy” rating in a report on Wednesday, April 15th. KeyCorp restated an “overweight” rating on shares of Alphabet in a research report on Wednesday, May 20th. Finally, Freedom Capital downgraded Alphabet from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 4th. Four investment 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 stock. Based on data from MarketBeat.com, Alphabet currently has an average rating of “Buy” and an average target price of $376.78.
Check Out Our Latest Report on Alphabet
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.
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.
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