Rep. Thomas H. Kean, Jr. Sells Alphabet Inc. (NASDAQ:GOOGL) Stock

Posted by Jeff Wilder on Aug 20th, 2026

Representative Thomas H. Kean, Jr. (Republican-New Jersey) recently sold shares of Alphabet Inc. (NASDAQ:GOOGL). In a filing disclosed on August 18th, the Representative disclosed that they had sold between $1,001 and $15,000 in Alphabet stock on July 22nd. The trade occurred in the Representative’s “STATE STREET BANK & TRUST CO.” account.

Representative Thomas H. Kean, Jr. also recently made the following trade(s):

Sold $1,001 – $15,000 in shares of Stryker (NYSE:SYK) on 7/22/2026.
Sold $1,001 – $15,000 in shares of Analog Devices (NASDAQ:ADI) on 6/30/2026.
Sold $1,001 – $15,000 in shares of S&P Global (NYSE:SPGI) on 6/29/2026.
Sold $1,001 – $15,000 in shares of Markel Group (NYSE:MKL) on 6/29/2026.
Sold $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 6/29/2026.
Purchased $1,001 – $15,000 in shares of ESAB (NYSE:ESAB) on 6/24/2026.
Sold $15,001 – $50,000 in shares of Alphabet (NASDAQ:GOOGL) on 6/24/2026.
Purchased $1,001 – $15,000 in shares of ESAB (NYSE:ESAB) on 6/22/2026.
Sold $1,001 – $15,000 in shares of Gildan Activewear (NYSE:GIL) on 6/17/2026.
Purchased $1,001 – $15,000 in shares of Wheaton Precious Metals (NYSE:WPM) on 6/4/2026.

Alphabet Stock Up 0.2%

NASDAQ GOOGL opened at $344.72 on Thursday. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16. The company has a market cap of $4.22 trillion, a price-to-earnings ratio of 17.31, a PEG ratio of 0.97 and a beta of 1.24. The company has a 50 day moving average of $352.64 and a 200-day moving average of $341.32. Alphabet Inc. has a 1-year low of $196.60 and a 1-year high of $408.61.

Alphabet (NASDAQ:GOOGL – Get Free Report) last posted its quarterly earnings data 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 for the quarter, compared to analyst estimates of $117.07 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. On average, equities research analysts expect that Alphabet Inc. will post 20.51 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 14th. Stockholders of record on Monday, September 7th will be issued a dividend of $0.22 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is currently 4.42%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. BNP Paribas Exane raised their target price on shares of Alphabet from $390.00 to $420.00 and gave the company an “outperform” rating in a report on Thursday, April 30th. New Street Research boosted their price objective on shares of Alphabet from $450.00 to $455.00 and gave the company a “buy” rating in a research report on Friday, June 5th. Evercore raised their target price on Alphabet from $400.00 to $420.00 and gave the company an “outperform” rating in a report on Thursday, April 30th. Canaccord Genuity Group raised their price objective on Alphabet from $415.00 to $450.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Finally, JPMorgan Chase & Co. reissued a “buy” rating on shares of Alphabet in a research note on Monday, May 4th. Five analysts have rated the stock with a Strong Buy rating, forty-four have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $419.86.

View Our Latest Analysis on Alphabet

Hedge Funds Weigh In On Alphabet

Several institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its position in shares of Alphabet by 2.4% during the fourth quarter. Vanguard Group Inc. now owns 528,969,322 shares of the information services provider’s stock worth $165,567,398,000 after purchasing an additional 12,531,695 shares during the period. State Street Corp grew its stake in shares of Alphabet by 1.8% in the 2nd quarter. State Street Corp now owns 229,954,269 shares of the information services provider’s stock worth $40,524,841,000 after acquiring an additional 4,008,374 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Alphabet by 1.9% in the fourth quarter. Geode Capital Management LLC now owns 146,193,037 shares of the information services provider’s stock valued at $45,625,595,000 after purchasing an additional 2,666,676 shares during the last quarter. Norges Bank bought a new position in shares of Alphabet during the fourth quarter valued at about $30,534,239,000. Finally, Bank of America Corp DE lifted its position in shares of Alphabet by 4.9% during the fourth quarter. Bank of America Corp DE now owns 69,108,183 shares of the information services provider’s stock valued at $21,630,861,000 after purchasing an additional 3,218,852 shares in the last quarter. 40.03% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Alphabet news, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the company’s stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $19.46, for a total value of $3,832,277.26. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John L. Hennessy sold 1,050 shares of the stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $368.63, for a total transaction of $387,061.50. Following the completion of the sale, the director owned 1,481 shares of the company’s stock, valued at approximately $545,941.03. This trade represents a 41.49% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 451,945 shares of company stock valued at $12,382,714 in the last three months. 11.61% of the stock is owned by company insiders.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

Positive Sentiment: Alphabet’s Google Cloud business reportedly grew 82% year over year to $24.8 billion in the second quarter, outpacing Microsoft Azure and Amazon Web Services. The performance supports the view that AI infrastructure spending is translating into meaningful revenue growth. Google Cloud growth article
Positive Sentiment: Alphabet expanded its AI-chip relationship with Marvell Technology, receiving a warrant to purchase up to 58.97 million Marvell shares at $206.58 each. The agreement could give Alphabet roughly a 6.7% stake while supporting custom chips for Google’s TPU ecosystem and diversifying its AI hardware supply chain. Marvell AI chip deal article
Positive Sentiment: Waymo opened its lower-cost, next-generation robotaxi to all riders in Los Angeles, Phoenix and San Francisco. Broader availability of cheaper-to-build vehicles could improve the economics and scalability of Alphabet’s autonomous-driving unit. Waymo robotaxi expansion article
Positive Sentiment: Berkshire Hathaway increased its Alphabet position to approximately $37 billion, signaling confidence from a major long-term investor in Alphabet’s advertising, cloud and AI prospects. Berkshire Alphabet investment article
Neutral Sentiment: Alphabet is raising approximately $3.9 billion through its inaugural Australian-dollar bond sale, potentially funding continued AI infrastructure investment. However, the borrowing adds to the sector-wide surge in debt financing for AI expansion. Alphabet Australian bond article
Negative Sentiment: Jeff Dean, a prominent former Google chief scientist, left Alphabet after 27 years to launch a four-person AI startup. His departure could raise concerns about the retention of high-profile AI talent, despite the limited immediate financial impact. Jeff Dean departure article
Negative Sentiment: Prediction-market traders now see a low probability that Google will release its next flagship Gemini Pro model before September. Further delays could weigh on expectations for Alphabet’s competitive position in generative AI. Gemini delay article
Negative Sentiment: A bankruptcy court delayed approval of Google’s proposed $10 million purchase of Spirit Airlines’ internal data after a flight-attendants’ union objected over confidential information. The dispute is relatively small financially but creates legal and reputational friction. Spirit Airlines data dispute article

About Representative Kean

Thomas Kean Jr. (Republican Party) is a member of the U.S. House, representing New Jersey’s 7th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Kean (Republican Party) is running for re-election to the U.S. House to represent New Jersey’s 7th Congressional District. He declared candidacy for the 2026 election.

Thomas Kean Jr. lives in Westfield, New Jersey. Kean earned a master’s degree from the Tufts University Fletcher School of Law and Diplomacy. His career experience includes working with the Environmental Protection Agency during the George H.W. Bush administration and as an advisor to former U.S. Representative Bob Franks, a firefighter, and an emergency medical technician. Kean has served as the vice president of a fire department.

Alphabet Company Profile

(Get Free Report)

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.