Rep. Michael A. Rulli Purchases Shares of Alphabet Inc. (NASDAQ:GOOGL)

Representative Michael A. Rulli (Republican-Ohio) recently bought shares of Alphabet Inc. (NASDAQ:GOOGL). In a filing disclosed on August 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in Alphabet stock on June 25th. The trade occurred in the Representative’s “MERRILL LYNCH MANAGED ACCOUNT” account.

Representative Michael A. Rulli also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Crown Castle (NYSE:CCI) on 8/6/2026.
• Sold $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 7/1/2026.
• Purchased $1,001 – $15,000 in shares of KLA (NASDAQ:KLAC) on 7/1/2026.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 6/29/2026.
• Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 6/25/2026.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 6/25/2026.
• Purchased $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 6/25/2026.
• Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 6/25/2026.
• Sold $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 6/25/2026.

Alphabet Trading Up 0.9%

Shares of NASDAQ:GOOGL opened at $357.52 on Tuesday. The stock has a 50 day moving average of $355.30 and a 200 day moving average of $340.74. The company has a market cap of $4.37 trillion, a PE ratio of 17.96, a price-to-earnings-growth ratio of 0.99 and a beta of 1.24. Alphabet Inc. has a 12-month low of $196.60 and a 12-month high of $408.61. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16.

Alphabet (NASDAQ:GOOGL) last released its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, topping analysts’ consensus estimates of $2.89 by $6.22. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The company had revenue of $119.80 billion for the quarter, compared to analysts’ expectations of $117.07 billion. As a group, equities research analysts expect that Alphabet Inc. will post 20.51 EPS for the current year.

Alphabet Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 14th. Investors of record on Monday, September 7th will be paid a dividend of $0.22 per share. The ex-dividend date is Friday, September 4th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.2%. Alphabet’s payout ratio is 4.42%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on GOOGL shares. Rothschild & Co Redburn increased their price objective on shares of Alphabet from $390.00 to $430.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Daiwa Securities Group upped their target price on shares of Alphabet from $380.00 to $445.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Wells Fargo & Company set a $411.00 price target on Alphabet and gave the stock an “overweight” rating in a research note on Thursday, July 23rd. JPMorgan Chase & Co. reissued a “buy” rating on shares of Alphabet in a report on Monday, May 4th. Finally, Zacks Research upgraded Alphabet from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 13th. Six research analysts have rated the stock with a Strong Buy rating, forty-four have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, Alphabet has a consensus rating of “Buy” and an average price target of $419.86.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of GOOGL. EMC Capital Management bought a new stake in shares of Alphabet in the 4th quarter worth about $33,000. Lifetime Wealth Management P.C. bought a new position in shares of Alphabet in the 4th quarter valued at about $32,000. IFC & Insurance Marketing Inc. purchased a new position in Alphabet in the fourth quarter worth about $38,000. Bard Associates Inc. purchased a new position in Alphabet in the fourth quarter worth about $52,000. Finally, Kentucky Trust Co increased its stake in Alphabet by 142.9% during the fourth quarter. Kentucky Trust Co now owns 170 shares of the information services provider’s stock worth $53,000 after acquiring an additional 100 shares during the last quarter. 40.03% of the stock is currently owned by institutional investors.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet reportedly raised its 2026 capital-expenditure outlook to approximately $205 billion, signaling strong expected demand for AI computing capacity. The spending could support Google Cloud, data-center growth and Alphabet’s competitive position in AI. Alphabet’s Higher AI Spending Could Boost These ETFs
• Positive Sentiment: Google Cloud revenue grew 82% year over year, while its contracted backlog reached roughly $514 billion. Investors view that momentum as evidence that AI adoption may justify Alphabet’s aggressive infrastructure investments and provide a substantial source of future revenue. Alphabet’s Cloud Computing Business Just Posted 82% Revenue Growth
• Positive Sentiment: Google Play is adding Venmo as a payment option for apps, games and digital content. The move could make purchases more convenient and modestly support Google’s digital-commerce ecosystem. Google Play adds Venmo as a payment option
• Positive Sentiment: An investment commentary identifies Alphabet as a leading AI stock, reinforcing institutional interest following its strong earnings and AI-related growth outlook. Is Alphabet Still One of the Best AI Stocks to Own?
• Neutral Sentiment: Broader market commentary points to positive technology momentum, possible Federal Reserve liquidity support and recent earnings strength. These factors may help Alphabet’s valuation, but they are marketwide rather than company-specific. Why Momentum, Fed Liquidity, and Tech Suggest More Upside
• Negative Sentiment: Google, along with other social-media platforms, continues to face thousands of lawsuits alleging user addiction. Prolonged litigation could create legal costs, regulatory pressure and reputational risks for Alphabet. Social Media Platforms Still Facing Thousands of User Addiction Lawsuits
• Negative Sentiment: Waymo’s rapid expansion is exposing its autonomous vehicles to more unusual “edge cases.” Although Waymo is an Alphabet subsidiary, continued incidents or safety concerns could increase operating costs and regulatory scrutiny. Waymo Is Growing Faster Than Ever. So Are Its Edge Cases.

Insider Buying and Selling

In other Alphabet news, CAO Marsida Saraci sold 449 shares of Alphabet stock in a transaction 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 completion of the transaction, the chief accounting officer directly owned 27,386 shares of the company’s stock, valued at $9,125,015.20. The trade was a 1.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Frances Arnold sold 82 shares of the business’s stock in a transaction on Thursday, July 30th. The shares were sold at an average price of $333.39, for a total transaction of $27,337.98. Following the transaction, the director owned 18,914 shares in the company, valued at $6,305,738.46. This trade represents a 0.43% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 600,547 shares of company stock valued at $16,255,540. 11.61% of the stock is currently owned by company insiders.

About Representative Rulli

Michael Rulli (Republican Party) is a member of the U.S. House, representing Ohio’s 6th Congressional District. He assumed office on June 25, 2024. His current term ends on January 3, 2027.

Rulli (Republican Party) is running for re-election to the U.S. House to represent Ohio’s 6th Congressional District. He declared candidacy for the 2026 election.

Michael Rulli graduated from Poland Seminary High School. He earned a degree from Emerson College. Rulli’s career experience includes working as the director of operations with Rulli Bros. Markets.

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.