Rep. David Taylor Buys Alphabet Inc. (NASDAQ:GOOGL) Shares

Representative David Taylor (Republican-Ohio) recently bought shares of Alphabet Inc. (NASDAQ:GOOGL). In a filing disclosed on June 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Alphabet stock on June 5th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SARDINIA READY MIX 401(K) – DAVE” account.

Representative David Taylor also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of American Electric Power (NASDAQ:AEP) on 6/5/2026.
• Purchased $1,001 – $15,000 in shares of Amgen (NASDAQ:AMGN) on 6/5/2026.
• Sold $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 6/5/2026.
• Purchased $1,001 – $15,000 in shares of Kroger (NYSE:KR) on 6/5/2026.
• Purchased $1,001 – $15,000 in shares of AT&T (NYSE:T) on 6/5/2026.
• Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 6/5/2026.
• Purchased $1,001 – $15,000 in shares of Medpace (NASDAQ:MEDP) on 5/15/2026.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 5/15/2026.
• Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 5/15/2026.
• Purchased $1,001 – $15,000 in shares of AT&T (NYSE:T) on 5/15/2026.

Alphabet Stock Down 1.0%

NASDAQ:GOOGL traded down $3.57 during trading hours on Thursday, reaching $341.72. 20,026,904 shares of the stock were exchanged, compared to its average volume of 32,096,916. The stock has a market cap of $4.14 trillion, a PE ratio of 25.97, a PEG ratio of 1.48 and a beta of 1.23. Alphabet Inc. has a twelve month low of $169.94 and a twelve month high of $408.61. The firm has a 50 day moving average of $368.72 and a 200 day moving average of $332.69. 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 (NASDAQ:GOOGL) last announced its quarterly earnings data on Wednesday, April 29th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.64 by $2.47. The company had revenue of $109.90 billion for the quarter, compared to analysts’ expectations of $106.98 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%. On average, equities analysts expect that Alphabet Inc. will post 14.3 earnings per share for the current year.

Alphabet Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 8th were paid a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 0.3%. The ex-dividend date was Monday, June 8th. This is a positive change from Alphabet’s previous quarterly dividend of $0.21. Alphabet’s dividend payout ratio (DPR) is presently 6.71%.

Insider Transactions at Alphabet

In other news, Director John L. Hennessy sold 1,050 shares of the firm’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $368.63, for a total value of $387,061.50. Following the completion of the sale, the director directly owned 1,481 shares in the company, valued at $545,941.03. This trade represents a 41.49% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Frances Arnold sold 102 shares of the business’s stock in a transaction on Friday, May 29th. The shares were sold at an average price of $381.00, for a total transaction of $38,862.00. Following the sale, the director owned 18,721 shares of the company’s stock, valued at $7,132,701. This trade represents a 0.54% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 160,516 shares of company stock valued at $7,344,604. 11.61% of the stock is owned by insiders.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet will join the Dow Jones Industrial Average on June 29, replacing Verizon, a move that can boost institutional demand and highlights the company’s blue-chip status. Alphabet to Replace Verizon in Dow Jones Industrial Average
• Positive Sentiment: Google Finance launched a new Android app and expanded portfolio-tracking tools, showing continued product development and consumer engagement around Alphabet’s financial services ecosystem. Google Finance Debuts App and Investment Tracking Capabilities
• Positive Sentiment: Recent commentary continues to point to strong AI infrastructure demand and healthy Google Cloud growth, reinforcing the investment case for Alphabet’s core AI and cloud businesses. Alphabet Rides on Accelerating AI Infrastructure Demand
• Neutral Sentiment: Some articles noted Alphabet remains a major AI and cloud beneficiary, with Google standing out in the competition for data-center power and infrastructure capacity. As AI Companies Race for Power, Amazon and Google Have the Lead
• Negative Sentiment: Reports of more AI researchers leaving Google for Anthropic add to worries about retention and execution in Alphabet’s most important growth area. AI Researchers Continue to Leave Google for Its Rivals
• Negative Sentiment: Further coverage on talent losses and the lure of pre-IPO equity at competitors is keeping pressure on sentiment around Google’s AI leadership. Why is Google Suddenly Losing AI Talent?
• Negative Sentiment: Alphabet also faces a legal overhang after the latest delay in the Klarna-PriceRunner antitrust case against Google, keeping regulatory risks in view. Klarna-Google Antitrust Verdict Set for July 1

Institutional Investors Weigh In On Alphabet

A number of institutional investors have recently made changes to their positions in GOOGL. Lifetime Wealth Management P.C. acquired a new stake in shares of Alphabet during the fourth quarter worth $32,000. EMC Capital Management acquired a new stake in Alphabet during the 4th quarter worth about $33,000. PMV Capital Advisers LLC bought a new position in shares of Alphabet in the 4th quarter worth about $38,000. IFC & Insurance Marketing Inc. bought a new stake in shares of Alphabet in the 4th quarter valued at $38,000. Finally, Bard Associates Inc. acquired a new position in shares of Alphabet during the 4th quarter valued at $52,000. Institutional investors own 40.03% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Piper Sandler restated an “overweight” rating and issued a $445.00 price target (up from $425.00) on shares of Alphabet in a research note on Monday, June 1st. Bank of America increased their price objective on Alphabet from $370.00 to $430.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Daiwa Securities Group lifted their price objective on Alphabet from $380.00 to $445.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Robert W. Baird increased their price objective on shares of Alphabet from $380.00 to $400.00 and gave the company an “outperform” rating in a research note on Thursday, April 30th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $450.00 price target on shares of Alphabet in a report on Wednesday, June 3rd. Two research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $413.13.

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.

David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

About Alphabet

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.