Representative Thomas H. Kean, Jr. (Republican-New Jersey) recently sold shares of Alphabet Inc. (NASDAQ:GOOGL). In a filing disclosed on March 18th, the Representative disclosed that they had sold between $15,001 and $50,000 in Alphabet stock on February 5th. The trade occurred in the Representative’s “KEAN FAMILY PARTNERSHIP” account.
Representative Thomas H. Kean, Jr. also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Linde (NASDAQ:LIN) on 2/18/2026.
- Sold $1,001 – $15,000 in shares of Waters (NYSE:WAT) on 2/13/2026.
- Purchased $1,001 – $15,000 in shares of First Citizens BancShares (NASDAQ:FCNCA) on 2/5/2026.
- Purchased $1,001 – $15,000 in shares of Abbott Laboratories (NYSE:ABT) on 1/29/2026.
- Sold $15,001 – $50,000 in shares of Stryker (NYSE:SYK) on 1/23/2026.
- Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 1/23/2026.
- Sold $15,001 – $50,000 in shares of Johnson & Johnson (NYSE:JNJ) on 1/23/2026.
- Sold $15,001 – $50,000 in shares of Markel Group (NYSE:MKL) on 1/23/2026.
- Sold $1,001 – $15,000 in shares of General Motors (NYSE:GM) on 1/7/2026.
Alphabet Price Performance
Shares of NASDAQ GOOGL traded up $0.49 during midday trading on Wednesday, reaching $290.93. The stock had a trading volume of 29,198,357 shares, compared to its average volume of 34,164,527. The company has a market capitalization of $3.52 trillion, a price-to-earnings ratio of 26.91, a price-to-earnings-growth ratio of 1.77 and a beta of 1.10. Alphabet Inc. has a 12-month low of $140.53 and a 12-month high of $349.00. The stock has a 50-day moving average of $316.12 and a 200-day moving average of $294.46. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01.
Alphabet Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were paid a $0.21 dividend. The ex-dividend date of this dividend was Monday, March 9th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. Alphabet’s dividend payout ratio is 7.77%.
Insider Buying and Selling at Alphabet
In other news, Director John L. Hennessy sold 1,050 shares of the business’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $303.41, for a total transaction of $318,580.50. Following the transaction, the director owned 4,631 shares of the company’s stock, valued at approximately $1,405,091.71. The trade was a 18.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $307.89, for a total value of $10,006,425.00. Following the sale, the chief executive officer owned 1,642,060 shares in the company, valued at $505,573,853.40. The trade was a 1.94% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 2,110,165 shares of company stock valued at $118,134,117. Corporate insiders own 11.55% of the company’s stock.
Hedge Funds Weigh In On Alphabet
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Brighton Jones LLC raised its position in shares of Alphabet by 3.9% during the 4th quarter. Brighton Jones LLC now owns 110,330 shares of the information services provider’s stock valued at $20,886,000 after buying an additional 4,110 shares in the last quarter. Revolve Wealth Partners LLC grew its position in Alphabet by 3.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 14,930 shares of the information services provider’s stock worth $2,826,000 after acquiring an additional 506 shares in the last quarter. Matrix Asset Advisors Inc. NY grew its position in Alphabet by 17.6% in the second quarter. Matrix Asset Advisors Inc. NY now owns 3,888 shares of the information services provider’s stock worth $685,000 after acquiring an additional 581 shares in the last quarter. Sequoia Financial Advisors LLC increased its stake in Alphabet by 11.2% during the second quarter. Sequoia Financial Advisors LLC now owns 485,486 shares of the information services provider’s stock worth $85,557,000 after acquiring an additional 48,805 shares during the last quarter. Finally, United Bank increased its stake in Alphabet by 6.9% during the second quarter. United Bank now owns 48,204 shares of the information services provider’s stock worth $8,495,000 after acquiring an additional 3,120 shares during the last quarter. 40.03% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
GOOGL has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft boosted their price objective on Alphabet from $370.00 to $390.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Wedbush lifted their target price on Alphabet from $360.00 to $370.00 and gave the company an “outperform” rating in a research note on Thursday, February 5th. Barclays reissued an “overweight” rating and issued a $360.00 price target (up from $315.00) on shares of Alphabet in a report on Thursday, February 5th. Pivotal Research upped their price target on Alphabet from $400.00 to $420.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. Finally, Wall Street Zen cut shares of Alphabet from a “buy” rating to a “hold” rating in a research report on Saturday, March 14th. Three research analysts have rated the stock with a Strong Buy rating, forty-three have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $367.18.
Check Out Our Latest Research Report on Alphabet
Key Stories Impacting Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Broad analyst support and upside targets — MarketBeat notes Alphabet is one of the most?upgraded stocks of 2026, with consensus 12?month targets implying meaningful upside versus current levels. (Analyst upgrades help underpin investor sentiment.)
- Positive Sentiment: Commercial AI and cloud wins — Google continues to expand real?world adoption of its AI stack: partnerships such as DeepMind/Agile Robots for robotics, Gap integrating Gemini checkout, and Openreach using Google Cloud AI to speed fibre rollout highlight revenue/take?rate opportunities in AI and cloud. Google partners with Agile Robots Gap Teams With Google Openreach taps Google AI
- Neutral Sentiment: Regulatory and policy engagement — EU antitrust authorities continue CEO?level scrutiny of Big Tech’s AI moves; these meetings signal regulatory risk but not an immediate sanction. EU antitrust chief meets Google, Meta, OpenAI, Amazon CEOs
- Neutral Sentiment: Competitive hardware moves elsewhere — Alibaba’s push on proprietary AI chips underscores rising competition and the industry trend toward custom silicon for cloud/AI, which shapes long?term capital intensity across players. Why Alibaba’s New 5nm Chip Could Be a Game Changer
- Negative Sentiment: Landmark Los Angeles jury verdict — A jury found Google’s YouTube (and Meta) liable in a youth social?media addiction suit and ordered >$3M in compensatory damages; jurors assigned ~30% responsibility to YouTube and will consider punitive damages next. This creates legal risk, potential precedent for more suits, and headline risk to the stock. Jury reaches verdict in Meta, Google trial Jury Hits Meta and YouTube with $3 Million Verdict
- Negative Sentiment: Cost and growth worries pressuring shares — Coverage highlights Alphabet sliding toward bear?market territory as investors fret over elevated AI capex guidance and higher energy/data?center costs, which could compress near?term margins despite long?run upside. Google Stock Slides Toward Bear Market Territory Why Alphabet Shares Are Falling
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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