Alphabet (NASDAQ:GOOGL) Stock Unloaded Rep. Gilbert Ray Cisneros, Jr.

Posted by Alphonse Anthony on Jun 11th, 2026

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Alphabet Inc. (NASDAQ:GOOGL). In a filing disclosed on June 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in Alphabet stock on May 5th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

Purchased $1,001 – $15,000 in shares of SoftBank Group (OTCMKTS:SFTBF) on 6/2/2026.
Purchased $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 5/29/2026.
Sold $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 5/29/2026.
Purchased $1,001 – $15,000 in shares of Independent Bank (NASDAQ:INDB) on 5/29/2026.
Purchased $1,001 – $15,000 in shares of Arcutis Biotherapeutics (NASDAQ:ARQT) on 5/29/2026.
Purchased $1,001 – $15,000 in shares of HealthEquity (NASDAQ:HQY) on 5/29/2026.
Purchased $1,001 – $15,000 in shares of Boston Scientific (NYSE:BSX) on 5/29/2026.
Purchased $1,001 – $15,000 in shares of Perella Weinberg Partners (NASDAQ:PWP) on 5/29/2026.
Purchased $1,001 – $15,000 in shares of Cooper Companies (NASDAQ:COO) on 5/29/2026.
Purchased $1,001 – $15,000 in shares of Ligand Pharmaceuticals (NASDAQ:LGND) on 5/29/2026.

Alphabet Stock Down 2.7%

Shares of GOOGL traded down $9.48 during midday trading on Thursday, reaching $346.90. 11,096,102 shares of the stock were exchanged, compared to its average volume of 31,768,656. The company has a market cap of $4.20 trillion, a price-to-earnings ratio of 26.51, a P/E/G ratio of 1.56 and a beta of 1.23. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a 12-month low of $162.00 and a 12-month high of $408.61. The firm has a 50 day simple moving average of $357.80 and a 200-day simple moving average of $329.64.

Alphabet (NASDAQ:GOOGL – Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The information services provider reported $5.11 EPS for the quarter, topping analysts’ consensus estimates of $2.64 by $2.47. The firm had revenue of $109.90 billion for the quarter, compared to the consensus estimate of $106.98 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%. Research analysts forecast that Alphabet Inc. will post 14.29 EPS for the current year.

Alphabet Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 8th will be paid a dividend of $0.22 per share. This is a boost from Alphabet’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend is Monday, June 8th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet’s dividend payout ratio (DPR) is 6.71%.

Key Alphabet News

Here are the key news stories impacting Alphabet this week:

Positive Sentiment: Erste Group raised its FY2026 and FY2027 EPS estimates for Alphabet, signaling higher earnings expectations than before and reinforcing the view that Google’s business remains resilient. Alphabet analyst estimate update
Positive Sentiment: Reports highlighted Gemini’s rapid adoption, with monthly users doubling to 900 million, which supports the idea that Alphabet is gaining traction in AI and could monetize these tools over time. Gemini user growth article
Positive Sentiment: Google rolled out new Gemini features for small businesses, adding another potential commercial use case for its AI products and broadening the revenue opportunity. Gemini features for small businesses article
Positive Sentiment: Several articles framed Alphabet as a long-term growth stock and a relatively attractive mega-cap AI and cloud compounder, which can support investor confidence. Long-term growth stock article
Neutral Sentiment: Analysts and market commentary continued to debate Alphabet’s valuation after a strong run, suggesting the stock may be sensitive to whether AI and cloud growth can keep justifying its premium. Valuation check article
Neutral Sentiment: Google also faced some operational noise, including a temporary Gemini/Workspace outage and a cloud disruption in India, but these look more like short-term service issues than fundamental threats. Gemini outage article
Negative Sentiment: The denial of a new trial in the youth social media addiction case keeps legal overhang around Google and YouTube in the headlines, adding some litigation risk for investors. Youth social media addiction case article

Analyst Upgrades and Downgrades

Several research analysts recently commented on GOOGL shares. Canaccord Genuity Group lifted their target price on shares of Alphabet from $415.00 to $450.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Roth Mkm reiterated a “buy” rating on shares of Alphabet in a research note on Thursday, April 30th. Jefferies Financial Group restated a “buy” rating on shares of Alphabet in a research note on Wednesday, May 20th. Weiss Ratings restated a “buy (b)” rating on shares of Alphabet in a research note on Monday, April 20th. Finally, Daiwa Securities Group raised their target price on Alphabet from $380.00 to $445.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Two research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, Alphabet has an average rating of “Moderate Buy” and a consensus price target of $413.13.

View Our Latest Analysis on GOOGL

Hedge Funds Weigh In On Alphabet

Several hedge funds and other institutional investors have recently made changes to their positions in GOOGL. Strategic Wealth Advisors LLC boosted its holdings in Alphabet by 6.0% in the 1st 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 during the period. Rockbridge Investment Management LCC raised its holdings in Alphabet by 0.5% during 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 acquiring an additional 27 shares during the period. Ruggaard & Associates LLC raised its holdings in Alphabet by 0.9% during the 1st 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 during the period. Cadia Private Client LLC lifted its position in shares of Alphabet by 1.1% during the first quarter. Cadia Private Client LLC now owns 2,589 shares of the information services provider’s stock worth $744,000 after acquiring an additional 28 shares in the last quarter. Finally, Evansbrook LLC lifted its position in shares of Alphabet by 0.3% during the first 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. 40.03% of the stock is owned by institutional investors.

Insider Transactions at Alphabet

In other news, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of Alphabet stock in a transaction on Friday, May 15th. The stock was sold at an average price of $23.75, for a total value of $2,077,531.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John L. Hennessy sold 1,050 shares of the stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $393.26, for a total value of $412,923.00. Following the sale, the director directly owned 2,531 shares in the company, valued at $995,341.06. This trade represents a 29.32% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 193,016 shares of company stock valued at $17,282,549. 11.61% of the stock is currently owned by company insiders.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Alphabet

(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.