Alphabet (NASDAQ:GOOG) Stock Bought by Rep. Cleo Fields

Representative Cleo Fields (Democratic-Louisiana) recently bought shares of Alphabet Inc. (NASDAQ:GOOG). In a filing disclosed on October 1st, the Representative disclosed that they had bought between $1,001 and $15,000 in Alphabet stock on September 14th. The trade occurred in the Representative’s “MORGAN STANLEY – E*TRADE #2” account.

Representative Cleo Fields also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Netflix (NASDAQ:NFLX) on 9/14/2026.
• Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 9/10/2026.
• Purchased $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 9/8/2026.
• Purchased $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 8/13/2026.
• Purchased $1,001 – $15,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 7/10/2026.

Alphabet Price Performance

Alphabet stock opened at $340.35 on Friday. The stock has a market capitalization of $4.16 trillion, a price-to-earnings ratio of 17.09, a PEG ratio of 0.99 and a beta of 1.19. Alphabet Inc. has a 52-week low of $236.68 and a 52-week high of $404.47. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. The stock’s 50 day moving average price is $342.10 and its two-hundred day moving average price is $345.33.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings data on Thursday, July 23rd. The information services provider reported $9.11 earnings per share for the quarter, beating the consensus estimate of $2.87 by $6.24. The company had revenue of $119.80 billion during the quarter, compared to analyst estimates of $116.53 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. Alphabet’s revenue for the quarter was up 24.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.31 EPS. On average, equities analysts predict that Alphabet Inc. will post 20.55 earnings per share for the current year.

Alphabet Announces Dividend

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

Analyst Upgrades and Downgrades

GOOG has been the subject of several research analyst reports. New Street Research decreased their price target on shares of Alphabet from $455.00 to $405.00 and set a “buy” rating for the company in a research note on Friday, July 24th. Wolfe Research reissued an “outperform” rating on shares of Alphabet in a research report on Thursday, August 27th. Wells Fargo & Company decreased their target price on Alphabet from $418.00 to $411.00 and set an “overweight” rating for the company in a research report on Thursday, July 23rd. China Renaissance lowered their target price on Alphabet from $485.00 to $445.00 and set a “buy” rating on the stock in a research report on Friday, July 24th. Finally, Rosenblatt Securities assumed coverage on shares of Alphabet in a research report on Thursday, August 20th. They issued a “buy” rating for the company. Six research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Alphabet currently has a consensus rating of “Buy” and an average target price of $419.93.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Gemini 4 Argon strengthens Alphabet’s AI narrative. Google says its new flagship model delivers strong results in coding, cybersecurity, finance, legal work and video understanding. Aggressive pricing could pressure rivals such as OpenAI and Anthropic, while potentially expanding demand for Google Cloud and other Alphabet services. Google has been playing catch up with OpenAI and Anthropic
• Positive Sentiment: Analysts remain constructive. JPMorgan maintained a positive view, and BNP Paribas reportedly retained a $420 target, citing Argon’s benchmark performance and Alphabet’s ability to monetize AI through its massive consumer, advertising and cloud ecosystems. JPMorgan sets Google stock price target
• Positive Sentiment: Market conditions provided a tailwind. Alphabet was among the contributors to gains in the S&P 500, alongside other large technology stocks, indicating that broad risk appetite also helped support GOOG. SPY is up 0.7% today
• Neutral Sentiment: New growth initiatives could add longer-term value. YouTube is considering additional live-sports rights, while Project Suncatcher is testing Google AI chips in orbit. Both initiatives are strategically interesting but are unlikely to materially affect near-term earnings. YouTube sports strategy
• Negative Sentiment: Investors remain skeptical of Argon’s commercial impact. The model’s rollout is restricted initially because of safety concerns, and analysts note that Google still trails competitors in consumer-facing personal AI agents. This helps explain why the stock’s initial AI-related gains faded. Google unveils latest AI model
• Negative Sentiment: Legal and regulatory risks remain significant. Alphabet is challenging EU orders requiring access to search data and services, while a new securities-fraud class action covers investors who purchased shares during the May–July period. Separately, publishers may pursue more than $3.2 billion in damages. GOOGL class action notice
• Negative Sentiment: AI spending creates valuation and margin concerns. Alphabet is committing heavily to chips, data centers and power even as some analysts warn that expanding compute supply could reduce pricing. Investors need evidence that AI revenue growth will justify the capital expenditure.

Insider Buying and Selling at Alphabet

In other Alphabet news, CAO Marsida Saraci sold 449 shares of Alphabet stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total transaction of $149,606.80. Following the transaction, the chief accounting officer owned 27,386 shares of the company’s stock, valued at $9,125,015.20. This trade represents a 1.61% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Frances Arnold sold 83 shares of the company’s stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total value of $28,257.35. Following the completion of the transaction, the director directly owned 19,076 shares of the company’s stock, valued at approximately $6,494,424.20. This represents a 0.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 441,399 shares of company stock worth $8,677,053. Insiders own 12.99% of the company’s stock.

Hedge Funds Weigh In On Alphabet

A number of hedge funds have recently bought and sold shares of GOOG. Miller Global Investments LLC grew its stake in shares of Alphabet by 12.4% in the 3rd quarter. Miller Global Investments LLC now owns 3,087 shares of the information services provider’s stock worth $1,052,000 after acquiring an additional 340 shares in the last quarter. Polaris Financial Partners bought a new position in shares of Alphabet during the third quarter valued at about $2,448,000. Boltwood Capital Management boosted its holdings in Alphabet by 5.1% during the third quarter. Boltwood Capital Management now owns 3,305 shares of the information services provider’s stock worth $1,126,000 after purchasing an additional 160 shares during the last quarter. CX Institutional grew its position in Alphabet by 4.3% in the 3rd quarter. CX Institutional now owns 35,656 shares of the information services provider’s stock worth $12,149,000 after purchasing an additional 1,464 shares in the last quarter. Finally, Global Wealth Strategies & Associates grew its position in Alphabet by 48.9% in the 3rd quarter. Global Wealth Strategies & Associates now owns 1,835 shares of the information services provider’s stock worth $625,000 after purchasing an additional 603 shares in the last quarter. 27.26% of the stock is owned by hedge funds and other institutional investors.

About Representative FIELDS

Cleo Fields (Democratic Party) is a member of the U.S. House, representing Louisiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Fields (Democratic Party) is running for re-election to the U.S. House to represent Louisiana’s 6th Congressional District. He declared candidacy for the primary scheduled on November 3, 2026.

Cleo Fields graduated from McKinley High School in 1980. He earned a bachelor’s degree in mass communications from Southern University in 1984 and a J.D. from the Southern University Law Center in 1987. His career experience includes working as a state legislator and U.S. congressman. When Fields was elected to the Louisiana State Senate in 1986, he was the youngest person ever elected to the State Senate in Louisiana’s history. In 1995, Fields ran for governor of Louisiana, becoming the first African American since reconstruction to make the runoff.

Alphabet Company Profile

Alphabet Inc is a technology holding company best known as the parent company of Google. Established in 2015 through a corporate restructuring, Alphabet oversees Google and a collection of businesses focused on technology, innovation and emerging industries. Sundar Pichai serves as Alphabet’s chief executive officer and also leads Google.

Google is Alphabet’s primary business and operates an internet ecosystem that includes Google Search, online advertising, YouTube, Android, Chrome, Google Maps, Google Play and Google Photos.