Representative Thomas H. Kean, Jr. (Republican-New Jersey) recently sold shares of Alphabet Inc. (NASDAQ:GOOGL). In a filing disclosed on July 15th, the Representative disclosed that they had sold between $15,001 and $50,000 in Alphabet stock on June 24th. The trade occurred in the Representative’s “KEAN FAMILY PARTNERSHIP” account.
Representative Thomas H. Kean, Jr. also recently made the following trade(s):
- 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.
- 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.
- Purchased $1,001 – $15,000 in shares of Gildan Activewear (NYSE:GIL) on 6/2/2026.
- Sold $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 6/2/2026.
Alphabet Stock Performance
Alphabet stock traded down $7.69 during trading hours on Friday, hitting $346.77. The company had a trading volume of 29,923,150 shares, compared to its average volume of 31,640,666. The firm has a market cap of $4.20 trillion, a PE ratio of 26.45, a PEG ratio of 1.49 and a beta of 1.24. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.92 and a quick ratio of 1.92. Alphabet Inc. has a one year low of $183.71 and a one year high of $408.61. The firm has a 50-day moving average of $368.89 and a 200 day moving average of $337.97.
Alphabet Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 8th were issued a $0.22 dividend. The ex-dividend date of this dividend was Monday, June 8th. This represents a $0.88 annualized dividend and a yield of 0.3%. This is an increase from Alphabet’s previous quarterly dividend of $0.21. Alphabet’s payout ratio is currently 6.71%.
Insider Buying and Selling
In related news, CAO Marsida Saraci sold 449 shares of Alphabet stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of $341.72, for a total transaction of $153,432.28. Following the sale, the chief accounting officer directly owned 27,348 shares of the company’s stock, valued at approximately $9,345,358.56. The trade was a 1.62% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Frances Arnold sold 112 shares of the company’s stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of $351.28, for a total transaction of $39,343.36. Following the transaction, the director owned 18,833 shares of the company’s stock, valued at approximately $6,615,656.24. This represents a 0.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 159,415 shares of company stock worth $7,672,279 in the last quarter. Corporate insiders own 11.61% of the company’s stock.
Hedge Funds Weigh In On Alphabet
A number of hedge funds have recently added to or reduced their stakes in the stock. CIBC Bancorp USA Inc. bought a new stake in shares of Alphabet during the 3rd quarter worth $416,217,000. NewEdge Wealth LLC grew its position in Alphabet by 11.8% in the fourth quarter. NewEdge Wealth LLC now owns 887,209 shares of the information services provider’s stock valued at $277,696,000 after acquiring an additional 93,293 shares during the last quarter. World Investment Advisors raised its stake in Alphabet by 9.2% during the fourth quarter. World Investment Advisors now owns 274,761 shares of the information services provider’s stock worth $86,000,000 after acquiring an additional 23,107 shares in the last quarter. PFG Investments LLC raised its stake in Alphabet by 2.6% during the first quarter. PFG Investments LLC now owns 89,299 shares of the information services provider’s stock worth $25,679,000 after acquiring an additional 2,269 shares in the last quarter. Finally, Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust bought a new position in shares of Alphabet in the fourth quarter worth about $28,902,000. Institutional investors own 40.03% of the company’s stock.
Wall Street Analysts Forecast Growth
Several analysts recently issued reports on GOOGL shares. Rosenblatt Securities restated a “neutral” rating and issued a $393.00 price target on shares of Alphabet in a research note on Thursday, May 21st. Loop Capital increased their price objective on Alphabet from $355.00 to $490.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Freedom Capital downgraded Alphabet from a “strong-buy” rating to a “hold” rating in a report on Monday, May 4th. Robert W. Baird boosted their target price on shares of Alphabet from $380.00 to $400.00 and gave the company an “outperform” rating in a research report on Thursday, April 30th. Finally, UBS Group restated a “neutral” rating and issued a $400.00 price target (down from $410.00) on shares of Alphabet in a research note on Monday, July 13th. Three equities 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 company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $414.11.
View Our Latest Analysis on Alphabet
Alphabet News Roundup
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Wall Street remains broadly bullish on Alphabet, with multiple reports citing strong cloud growth, AI-driven momentum in Search and YouTube, and price targets still above current trading levels. Article Title
- Positive Sentiment: Analysts say Alphabet could post a strong Q2, helped by Google Cloud strength and the value of its Anthropic stake, which may support upside if earnings beat expectations. Article Title
- Neutral Sentiment: Investors are also positioning for Alphabet’s upcoming earnings report, with options traders expecting a sizable move, indicating that the stock may stay volatile into the release. Article Title
- Negative Sentiment: Bloomberg-reported delays to Gemini 3.5 Pro have sparked fears that Google is lagging in AI, with concerns that the model’s coding performance fell short of internal goals. Article Title
- Negative Sentiment: Alphabet is facing added regulatory pressure after the EU ordered it to open Android and search data to rival AI companies, and a San Francisco order to remove “nudify” apps from app stores adds to the broader legal overhang. Article Title
- Negative Sentiment: Securities-fraud investigation headlines are creating an additional near-term overhang, even though these are still allegations and not a proven finding of wrongdoing. Article Title
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 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.
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