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

Representative Thomas H. Kean, Jr. (Republican-New Jersey) recently sold shares of Alphabet Inc. (NASDAQ:GOOGL). In a filing disclosed on September 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Alphabet stock on August 27th. 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 Johnson & Johnson (NYSE:JNJ) on 8/27/2026.
• Sold $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 8/27/2026.
• Purchased $1,001 – $15,000 in shares of MasTec (NYSE:MTZ) on 8/21/2026.
• Sold $1,001 – $15,000 in shares of Stryker (NYSE:SYK) on 7/22/2026.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 7/22/2026.
• Purchased $1,001 – $15,000 in shares of Toast (NYSE:TOST) on 7/8/2026.
• Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 7/8/2026.
• Purchased $1,001 – $15,000 in shares of ESAB (NYSE:ESAB) on 7/7/2026.
• Purchased $1,001 – $15,000 in shares of EQT (NYSE:EQT) on 7/7/2026.
• Sold $1,001 – $15,000 in shares of Analog Devices (NASDAQ:ADI) on 6/30/2026.

Alphabet Stock Up 3.2%

Shares of Alphabet stock opened at $349.39 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. Alphabet Inc. has a 1-year low of $235.84 and a 1-year high of $408.61. The business’s fifty day moving average price is $346.41 and its two-hundred day moving average price is $344.15. The company has a market capitalization of $4.27 trillion, a P/E ratio of 17.55, a PEG ratio of 0.98 and a beta of 1.22.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.89 by $6.22. Alphabet had a return on equity of 51.32% and a net margin of 54.77%.The company had revenue of $119.80 billion during the quarter, compared to analysts’ expectations of $117.07 billion. As a group, research analysts forecast that Alphabet Inc. will post 20.52 EPS for the current year.

Alphabet Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 14th. Shareholders of record on Monday, September 7th were paid a dividend of $0.22 per share. The ex-dividend date of this dividend was Friday, September 4th. This represents a $0.88 annualized dividend and a yield of 0.3%. Alphabet’s payout ratio is presently 4.42%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on GOOGL shares. Rosenblatt Securities reissued a “buy” rating and set a $410.00 target price on shares of Alphabet in a research note on Thursday, September 3rd. Zacks Research cut shares of Alphabet from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 11th. Weiss Ratings reiterated a “buy (b)” rating on shares of Alphabet in a research note on Friday, July 17th. Cantor Fitzgerald reissued an “overweight” rating and set a $420.00 target price (down from $435.00) on shares of Alphabet in a report on Thursday, July 23rd. Finally, Needham & Company LLC restated a “buy” rating and issued a $450.00 target price on shares of Alphabet in a research report on Wednesday, June 3rd. Five research analysts have rated the stock with a Strong Buy rating, forty-five have given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $420.19.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud remains a major growth catalyst. Alphabet’s cloud backlog reportedly reached $514 billion after second-quarter revenue growth of 82%, reinforcing expectations that Cloud could become a larger long-term earnings driver alongside Search. Alphabet cloud backlog article
• Positive Sentiment: AI concerns are benefiting Alphabet relative to some peers. Alphabet and Meta have attracted investor interest even as concerns about excessive frontier-model spending weigh on parts of the technology sector. A possible slowdown could favor established platforms with strong cash flows, distribution and proprietary infrastructure. Google and Meta AI concerns article
• Positive Sentiment: Waymo is expanding commercially. Alphabet’s autonomous-driving unit has begun offering robotaxi rides to the general public in Las Vegas, its first Nevada market, expanding a potential future growth business. Waymo Las Vegas article
• Positive Sentiment: Alphabet is broadening its AI ecosystem. Giving engineers access to Anthropic’s Claude may improve coding productivity and reflects Alphabet’s investment exposure to Anthropic, although Claude also competes with Google’s own AI models. Google Claude access article
• Neutral Sentiment: Technical momentum is improving. Stockton believes Alphabet may be emerging from its multi-month correction, while recent commentary highlights its cloud position, YouTube scale and custom AI chips as potential competitive advantages.
• Negative Sentiment: AI infrastructure spending is pressuring capital returns. Reports say Alphabet has halted buybacks, its share count is rising and debt has increased as it funds data centers, energy contracts and AI capacity. Local opposition to new data centers could also raise costs or delay projects. Big Tech buybacks article
• Negative Sentiment: Investor sentiment faces legal overhang. Multiple law firms are publicizing securities-fraud investigations involving Alphabet. These announcements do not establish wrongdoing but could add volatility and potential litigation risk. Alphabet securities investigation article

Insider Transactions at Alphabet

In other news, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the company’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $18.90, for a total value of $2,232,808.20. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Frances Arnold sold 82 shares of the stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $337.71, for a total transaction of $27,692.22. Following the transaction, the director directly owned 18,995 shares in the company, valued at $6,414,801.45. The trade was a 0.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 450,875 shares of company stock valued at $11,984,482. Insiders own 11.61% of the company’s stock.

Hedge Funds Weigh In On Alphabet

Institutional investors have recently bought and sold shares of the stock. Strategic Wealth Advisors LLC grew its position in shares of Alphabet by 6.0% during the first quarter. Strategic Wealth Advisors LLC now owns 477 shares of the information services provider’s stock worth $137,000 after buying an additional 27 shares in the last quarter. Rockbridge Investment Management LCC raised its holdings in Alphabet by 0.5% in the first quarter. Rockbridge Investment Management LCC now owns 5,460 shares of the information services provider’s stock valued at $1,570,000 after acquiring an additional 27 shares in the last quarter. Ruggaard & Associates LLC raised its holdings in Alphabet by 0.9% in the first quarter. Ruggaard & Associates LLC now owns 2,921 shares of the information services provider’s stock valued at $840,000 after acquiring an additional 27 shares in the last quarter. Cadia Private Client LLC boosted its stake in 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 during the last quarter. Finally, Evansbrook LLC grew its holdings in Alphabet by 0.3% during the 1st quarter. Evansbrook LLC now owns 9,522 shares of the information services provider’s stock worth $2,738,000 after acquiring an additional 28 shares in the last quarter. Hedge funds and other institutional investors own 40.03% of the company’s stock.

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

Alphabet Inc is a technology and holding company founded in 2015 through a restructuring of Google. The company is headquartered in Mountain View, California, and operates globally, serving consumers, businesses, advertisers and developers across numerous countries and regions.

Alphabet’s largest business is Google Services, which includes Google Search, online advertising, YouTube, Android, Chrome, Google Maps, Google Play and hardware products such as Pixel devices. These products support activities including internet search, digital content distribution, mobile computing, online communications and advertising.