Representative Michael A. Rulli (Republican-Ohio) recently sold shares of Alphabet Inc. (NASDAQ:GOOG). In a filing disclosed on October 19th, the Representative disclosed that they had sold between $50,001 and $100,000 in Alphabet stock on October 16th. The trade occurred in the Representative’s “MERRILL LYNCH ROTH IRA” account.
Representative Michael A. Rulli also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of WesBanco (NASDAQ:WSBC) on 10/16/2026.
- Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 9/28/2026.
- Sold $1,001 – $15,000 in shares of Wells Fargo & Company (NYSE:WFC) on 9/3/2026.
- Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 9/3/2026.
- Sold $50,001 – $100,000 in shares of Alphabet (NASDAQ:GOOGL) on 8/24/2026.
- Sold $1,001 – $15,000 in shares of Allstate (NYSE:ALL) on 8/12/2026.
- Purchased $1,001 – $15,000 in shares of Equinix (NASDAQ:EQIX) on 8/7/2026.
- Sold $1,001 – $15,000 in shares of Crown Castle (NYSE:CCI) on 8/6/2026.
Alphabet Stock Down 1.1%
Shares of NASDAQ:GOOG opened at $336.40 on Wednesday. The firm has a market cap of $4.11 trillion, a PE ratio of 16.90, a price-to-earnings-growth ratio of 0.99 and a beta of 1.19. The company has a fifty day simple moving average of $340.64 and a 200 day simple moving average of $350.00. 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 Inc. has a 12-month low of $244.67 and a 12-month high of $404.47.
Alphabet (NASDAQ:GOOG – Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The information services provider reported $9.11 EPS for the quarter, beating analysts’ consensus estimates of $2.87 by $6.24. The firm had revenue of $119.80 billion for the quarter, compared to the consensus estimate of $116.53 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The firm’s revenue was up 24.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.31 EPS. On average, equities research analysts anticipate that Alphabet Inc. will post 20.55 EPS for the current fiscal year.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the stock. Benchmark Financial Wealth Advisors LLC increased its position in shares of Alphabet by 12.1% in the 3rd quarter. Benchmark Financial Wealth Advisors LLC now owns 4,210 shares of the information services provider’s stock valued at $1,434,000 after purchasing an additional 456 shares during the last quarter. Physician Wealth Advisors Inc. boosted its position in shares of Alphabet by 1.4% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 4,995 shares of the information services provider’s stock worth $1,702,000 after acquiring an additional 71 shares in the last quarter. Uncommon Cents Investing Inc increased its holdings in shares of Alphabet by 19.1% in the 3rd quarter. Uncommon Cents Investing Inc now owns 2,167 shares of the information services provider’s stock valued at $738,000 after acquiring an additional 347 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its holdings in shares of Alphabet by 3.6% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 3,328,478 shares of the information services provider’s stock valued at $1,134,146,000 after acquiring an additional 116,851 shares during the last quarter. Finally, Wagner Wealth Management Corp increased its holdings in shares of Alphabet by 7.5% in the 3rd quarter. Wagner Wealth Management Corp now owns 3,015 shares of the information services provider’s stock valued at $1,027,000 after acquiring an additional 211 shares during the last quarter. Institutional investors own 27.26% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities analysts have commented on GOOG shares. Piper Sandler boosted their price objective on Alphabet from $395.00 to $400.00 and gave the stock an “overweight” rating in a research note on Monday, September 28th. Wells Fargo & Company set a $417.00 target price on shares of Alphabet and gave the stock an “overweight” rating in a report on Tuesday, October 6th. Weiss Ratings reiterated a “buy (b)” rating on shares of Alphabet in a report on Thursday, October 15th. Moffett Nathanson reduced their target price on shares of Alphabet from $380.00 to $370.00 and set a “buy” rating for the company in a research note on Wednesday, September 16th. Finally, Barclays reaffirmed an “overweight” rating and set a $425.00 price target (up from $405.00) on shares of Alphabet in a research report on Thursday, July 23rd. Six research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $421.85.
Read Our Latest Analysis on GOOG
Insider Transactions at Alphabet
In related news, Director Frances Arnold sold 83 shares of the company’s stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total transaction of $28,257.35. Following the sale, the director owned 19,076 shares of the company’s stock, valued at approximately $6,494,424.20. This represents a 0.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CAO Marsida Saraci sold 449 shares of Alphabet stock in a transaction that occurred 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 sale, the chief accounting officer owned 27,386 shares of the company’s stock, valued at approximately $9,125,015.20. The trade was a 1.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 402,479 shares of company stock valued at $7,946,534. Corporate insiders own 12.99% of the company’s stock.
Key Headlines Impacting Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Cloud and AI-chip growth could support an earnings beat. Bank of America expects Alphabet’s third-quarter revenue and adjusted earnings to modestly exceed Wall Street forecasts, citing expanding Google Cloud capacity and strong demand for Alphabet’s custom TPU chips. Analysts remain broadly constructive, with several firms maintaining buy or overweight ratings. Alphabet’s Cloud Growth, TPU Sales Could Drive Q3 Upside
- Positive Sentiment: Alphabet is expanding its AI ecosystem. Google released TorchTPU as an open-source PyTorch project, potentially making it easier for developers to use Google’s chips and reducing Nvidia’s software advantage. Google is also bringing a more personalized Gemini assistant to vehicles, which could deepen user engagement and ecosystem adoption. Google has joined Amazon in attacking Nvidia’s stronghold
- Positive Sentiment: Waymo provides longer-term growth potential. Alphabet’s autonomous-driving unit plans to launch robotaxi service in Madrid in 2027 and reportedly aims to expand its fleet to 20,000 vehicles by the end of next year. The initiatives offer potential diversification beyond advertising and cloud services. Waymo to launch autonomous ride-hailing in Madrid
- Neutral Sentiment: Alphabet’s valuation continues to attract investors. Commentators describe GOOG as one of the more reasonably valued “Magnificent Seven” stocks, while recent institutional filings show additional purchases by some large funds. These signals may support the shares but are not immediate earnings catalysts. Amazon vs Alphabet
- Negative Sentiment: A Google Cloud outage disrupted U.K. banks and financial applications. Although services were largely restored, the incident highlights reliability and concentration risks as Google Cloud becomes more important to critical infrastructure. Google Cloud services largely back up in UK
- Negative Sentiment: Investors remain concerned about AI capital spending. Expectations for heavier infrastructure investment, potentially weaker free cash flow and pressure on margins could overshadow strong revenue growth ahead of the October 28 earnings report. A broader AI-stock sell-off is adding to the pressure.
- Negative Sentiment: Multiple law firms publicized a securities-fraud class action. The litigation alleges Alphabet misrepresented the timing or progress of its Gemini 3.5 Pro model. The announcements may weigh on sentiment, although the financial impact remains uncertain. Alphabet securities-fraud lawsuit
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.
Alphabet Company Profile
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.
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