Rep. Dan Newhouse Sells Alphabet Inc. (NASDAQ:GOOGL) Stock

Representative Dan Newhouse (Republican-Washington) recently sold shares of Alphabet Inc. (NASDAQ:GOOGL). In a filing disclosed on July 17th, the Representative disclosed that they had sold between $1,001 and $15,000 in Alphabet stock on July 10th. The trade occurred in the Representative’s “EDWARD JONES IRA” account.

Representative Dan Newhouse also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of Deere & Company (NYSE:DE) on 7/10/2026.
• Purchased $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of Hershey (NYSE:HSY) on 7/10/2026.
• Purchased $1,001 – $15,000 in shares of Duke Energy (NYSE:DUK) on 7/10/2026.
• Purchased $1,001 – $15,000 in shares of Amcor (NYSE:AMCR) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of Fortinet (NASDAQ:FTNT) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of Magna International (NYSE:MGA) on 7/10/2026.
• Purchased $1,001 – $15,000 in shares of Accenture (NYSE:ACN) on 7/10/2026.

Alphabet Trading Down 0.8%

Shares of Alphabet stock traded down $2.92 during trading on Tuesday, hitting $349.07. 11,256,218 shares of the company were exchanged, compared to its average volume of 32,110,945. The firm has a market capitalization of $4.23 trillion, a P/E ratio of 26.63, a price-to-earnings-growth ratio of 1.44 and a beta of 1.24. The firm’s fifty day moving average price is $368.16 and its 200 day moving average price is $338.41. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.92 and a quick ratio of 1.92. Alphabet Inc. has a 1-year low of $187.46 and a 1-year high of $408.61.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.64 by $2.47. The company had revenue of $109.90 billion during the quarter, compared to analyst estimates of $106.98 billion. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. As a group, sell-side analysts expect that Alphabet Inc. will post 14.33 earnings per share for the current fiscal year.

Alphabet Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 8th were given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Monday, June 8th. This is an increase from Alphabet’s previous quarterly dividend of $0.21. Alphabet’s dividend payout ratio is presently 6.71%.

Analysts Set New Price Targets

Several brokerages recently issued reports on GOOGL. Jefferies Financial Group reiterated a “buy” rating on shares of Alphabet in a research report on Monday, June 22nd. Stifel Nicolaus set a $420.00 price objective on shares of Alphabet and gave the stock a “buy” rating in a research note on Thursday, April 30th. Morgan Stanley reissued an “overweight” rating and issued a $415.00 target price (up from $375.00) on shares of Alphabet in a research report on Tuesday, June 30th. Cantor Fitzgerald upped their price target on shares of Alphabet from $395.00 to $465.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Finally, The Goldman Sachs Group boosted their price target on shares of Alphabet from $400.00 to $450.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Three investment analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $414.54.

Institutional Trading of Alphabet

Hedge funds have recently made changes to their positions in the company. Strategic Wealth Advisors LLC boosted its position in shares of Alphabet by 6.0% during the 1st quarter. Strategic Wealth Advisors LLC now owns 477 shares of the information services provider’s stock worth $137,000 after acquiring an additional 27 shares in the last quarter. Rockbridge Investment Management LCC lifted its stake in Alphabet by 0.5% in the 1st quarter. Rockbridge Investment Management LCC now owns 5,460 shares of the information services provider’s stock valued at $1,570,000 after purchasing an additional 27 shares during the last quarter. Ruggaard & Associates LLC grew its stake in shares of Alphabet by 0.9% during the first quarter. Ruggaard & Associates LLC now owns 2,921 shares of the information services provider’s stock worth $840,000 after buying an additional 27 shares during the last quarter. Cadia Private Client LLC boosted its holdings in shares of Alphabet by 1.1% during the 1st quarter. Cadia Private Client LLC now owns 2,589 shares of the information services provider’s stock valued at $744,000 after acquiring an additional 28 shares in the last quarter. Finally, Evansbrook LLC increased its stake in shares of Alphabet by 0.3% in the first quarter. Evansbrook LLC now owns 9,522 shares of the information services provider’s stock valued at $2,738,000 after buying an additional 28 shares during the period. 40.03% of the stock is currently owned by institutional investors.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Reports that Alphabet is developing a new AI chip, “Frozen v2,” to make Gemini run more efficiently lifted sentiment, as investors see it as a way to improve margins, ease cloud capacity constraints, and strengthen Google’s AI competitiveness. Google plans new chip to run Gemini models more efficiently, the Information reports
• Positive Sentiment: Google also unveiled new Gemini models, including cheaper versions and a cybersecurity-focused model, signaling continued product momentum in AI and helping reinforce the view that Alphabet can monetize AI without losing Search demand. Google expands Gemini lineup with cheaper models and new Mythos rival
• Positive Sentiment: Investors are also focusing on Alphabet’s upcoming Q2 results, with expectations for strong Search and Google Cloud growth; several previews argue the company could post another beat, which has kept buyers interested before earnings. Alphabet Q2 Earnings Preview: What To Expect From Upcoming Report
• Neutral Sentiment: Shares are trading with extra volatility ahead of earnings, and options pricing suggests a meaningful post-report move, reflecting heightened expectations rather than a clear directional call. Here’s How Much Google Parent Alphabet’s Stock Is Seen Moving After Earnings Wednesday
• Negative Sentiment: Some coverage highlights concerns that the flagship Gemini Pro model has been delayed and that Alphabet’s massive AI infrastructure spending may take time to pay off, which could pressure sentiment if earnings or guidance disappoint. Alphabet’s Gemini delay, spending worries loom over earnings
• Negative Sentiment: Alphabet is also facing ongoing securities-fraud investigation headlines, which add legal overhang even though they do not change the near-term operating picture. Securities Fraud Investigation Into Alphabet Inc. (GOOG) Continues

Insiders Place Their Bets

In related news, Director John L. Hennessy sold 1,050 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $368.63, for a total transaction of $387,061.50. Following the completion of the transaction, the director directly owned 1,481 shares of the company’s stock, valued at $545,941.03. This trade represents a 41.49% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Frances Arnold sold 112 shares of the company’s stock in a transaction dated Tuesday, June 30th. The shares were sold at an average price of $351.28, for a total value of $39,343.36. Following the completion of the sale, the director owned 18,833 shares in the company, valued at $6,615,656.24. This trade represents a 0.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 159,415 shares of company stock valued at $7,672,279 over the last ninety days. 11.61% of the stock is currently owned by corporate insiders.

About Representative Newhouse

Dan Newhouse (Republican Party) is a member of the U.S. House, representing Washington’s 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Newhouse (Republican Party) ran for re-election to the U.S. House to represent Washington’s 4th Congressional District. He won in the general election on November 5, 2024.

Click here to see Newhouse’s key votes in Congress.

Newhouse served as a member of the Washington House of Representatives representing District 15-Position 2 from 2003 through 2009 and as Washington Director of Agriculture from 2009 to 2013.

Newhouse was first elected to the state House in 2002 and served until he was named state Director of Agriculture in 2009. He was first appointed by Governor Christine Gregoire on February 18, 2009.

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.