Alphabet (NASDAQ:GOOG) Stock Sale Reported by Rep. Pete Sessions

Representative Pete Sessions (Republican-Texas) recently sold shares of Alphabet Inc. (NASDAQ:GOOG). In a filing disclosed on October 27th, the Representative disclosed that they had sold between $100,001 and $250,000 in Alphabet stock on October 2nd. The trade occurred in the Representative’s “TRUST ONE” account.

Representative Pete Sessions also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Walt Disney (NYSE:DIS) on 10/28/2026.
• Sold $15,001 – $50,000 in shares of Amazon.com (NASDAQ:AMZN) on 10/27/2026.
• Sold $1,001 – $15,000 in shares of McDonald’s (NYSE:MCD) on 10/27/2026.
• Sold $15,001 – $50,000 in shares of Lowe’s Companies (NYSE:LOW) on 10/22/2026.
• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 10/22/2026.
• Sold $1,001 – $15,000 in shares of Solstice Advanced Mat (NASDAQ:SOLS) on 10/21/2026.
• Sold $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 10/21/2026.
• Sold $0 – $1,000 in shares of Resideo Technologies (NYSE:REZI) on 10/21/2026.
• Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 10/20/2026.
• Sold $15,001 – $50,000 in shares of Berkshire Hathaway (NYSE:BRK.B) on 10/15/2026.

Alphabet Stock Up 1.6%

GOOG opened at $321.89 on Thursday. Alphabet Inc. has a twelve month low of $268.43 and a twelve month high of $404.47. The company’s 50-day moving average price is $338.12 and its two-hundred day moving average price is $338.76. The stock has a market cap of $3.94 trillion, a price-to-earnings ratio of 16.17, a PEG ratio of 0.91 and a beta of 1.19. The company has a quick ratio of 2.64, a current ratio of 2.72 and a debt-to-equity ratio of 0.16.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings results on Thursday, October 29th. The information services provider reported $2.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.01 by ($0.89). Alphabet had a return on equity of 51.32% and a net margin of 54.77%. The company had revenue of $127.58 billion for the quarter, compared to analysts’ expectations of $127.97 billion. During the same quarter in the previous year, the business earned $2.87 EPS. The company’s revenue for the quarter was up 24.7% on a year-over-year basis. As a group, equities analysts expect that Alphabet Inc. will post 20.60 earnings per share for the current year.

Institutional Trading of Alphabet

Hedge funds and other institutional investors have recently bought and sold shares of the company. Morton Brown Family Wealth LLC boosted its stake in Alphabet by 135.5% during the 3rd quarter. Morton Brown Family Wealth LLC now owns 73 shares of the information services provider’s stock worth $25,000 after purchasing an additional 42 shares during the last quarter. Castlekeep Investment Advisors LLC purchased a new stake in shares of Alphabet during the second quarter worth $29,000. Livelsberger Financial Advisory purchased a new stake in shares of Alphabet during the third quarter worth $37,000. Timbuktu Capital Management LLC purchased a new stake in shares of Alphabet during the second quarter worth $46,000. Finally, Robinswood Financial LLC acquired a new stake in shares of Alphabet in the first quarter valued at about $57,000. Institutional investors own 27.26% of the company’s stock.

Analyst Ratings Changes

GOOG has been the topic of several research reports. Wolfe Research restated an “outperform” rating on shares of Alphabet in a research note on Thursday, August 27th. Zacks Research downgraded Alphabet from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 5th. Citigroup downgraded shares of Alphabet from a “market outperform” rating to a “market perform” rating in a report on Thursday. Evercore reiterated an “outperform” rating and set a $435.00 target price on shares of Alphabet in a research report on Thursday. Finally, Wedbush started coverage on shares of Alphabet in a research note on Thursday, July 16th. They issued an “outperform” rating and a $445.00 target price for the company. Six research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $418.85.

Insider Activity at Alphabet

In other news, Director Frances Arnold sold 83 shares of the firm’s stock in a transaction dated Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total value of $28,257.35. Following the transaction, the director directly owned 19,076 shares of the company’s stock, valued at approximately $6,494,424.20. This trade represents a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 12.99% of the stock is owned by company insiders.

Key Headlines Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud growth was a major bright spot: Revenue more than doubled year over year to approximately $30.7 billion, supported by enterprise AI demand and improving margins. Analysts argue the strength could support Alphabet’s long-term growth despite near-term concerns. Alphabet Q3: The Selloff Makes Sense, So Does The Buy
• Positive Sentiment: Alphabet’s AI chip opportunity is expanding: OpenAI reportedly plans to purchase Google’s tensor processing units, while Oracle is making the chips available through its cloud platform. The developments could create a new revenue stream and reduce reliance on Nvidia’s infrastructure. Google alters cloud playbook to sell more AI chips
• Positive Sentiment: Some analysts remain bullish: Pivotal Research reaffirmed a Buy rating with a $475 price target, citing cloud and AI strength. Technical commentary also described the stock as oversold, potentially encouraging dip buyers. Alphabet Buy rating reaffirmed
• Neutral Sentiment: New AI products offer longer-term upside but limited immediate financial impact: Alphabet launched Gemini 4 Carbon, expanded AI-powered Search ads internationally, and previewed crypto-custody security tools for financial institutions.
• Neutral Sentiment: Legal headlines added volatility: Several law firms publicized securities-fraud lawsuits and lead-plaintiff deadlines related to alleged disclosures about Gemini development. The announcements appear largely procedural but add reputational and litigation risk. Alphabet securities lawsuit announcement
• Negative Sentiment: Third-quarter earnings missed expectations: Alphabet reported EPS of $2.12 versus roughly $3.01 expected, while revenue of $127.58 billion was slightly below consensus. Profit was also down from the prior year, overshadowing 24.7% revenue growth.
• Negative Sentiment: Advertising momentum weakened: Search growth slowed and YouTube advertising revenue of $11.2 billion missed estimates. Investors are concerned that AI-based search and competing platforms could pressure Alphabet’s core advertising engine. Google shares fall as ad revenue misses estimates
• Negative Sentiment: AI investment is straining cash flow: Capital expenditures reached approximately $51.4 billion and quarterly free cash flow turned negative at about $9.1 billion. The Other Bets division, including Waymo, also posted more than $2 billion in operating losses.

About Representative Sessions

Pete Sessions (Republican Party) is a member of the U.S. House, representing Texas’ 17th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027.

Sessions (Republican Party) ran for re-election to the U.S. House to represent Texas’ 17th Congressional District. He won in the general election on November 5, 2024.

On October 20, 2023, Sessions announced he was running to replace Kevin McCarthy (R) as speaker of the U.S. House in the 118th Congress. Sessions lost the first round of nomination voting on October 24, 2023.

Pete Sessions was born and lives in Waco, Texas. Sessions earned a B.S. from Southwestern University in 1978. Sessions’ career experience includes working as an executive with AT&T.

About Alphabet

Alphabet Inc is a technology holding company best known as the parent organization of Google. Founded in 2015 through a corporate restructuring, Alphabet oversees Google and a collection of businesses focused on technology, online services, communications, artificial intelligence, and other emerging areas.

Google’s principal products and services include its internet search engine, digital advertising platforms, YouTube, Android, Chrome, Google Maps, Google Play, and Google Workspace. The company also provides cloud computing, data storage, cybersecurity, productivity, and artificial intelligence services through Google Cloud.