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%
Shares of NASDAQ GOOGL traded down $3.62 during midday trading on Thursday, reaching $341.67. The company’s stock had a trading volume of 11,517,663 shares, compared to its average volume of 32,022,740. The stock has a market capitalization of $4.14 trillion, a price-to-earnings ratio of 26.13, a PEG ratio of 1.48 and a beta of 1.23. The stock has a 50 day simple moving average of $368.72 and a 200-day simple moving average of $332.69. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a fifty-two week low of $169.94 and a fifty-two week high of $408.61.
Alphabet Increases Dividend
The firm 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. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. This is an increase from Alphabet’s previous quarterly dividend of $0.21. The ex-dividend date was Monday, June 8th. Alphabet’s dividend payout ratio is currently 6.71%.
Alphabet News Summary
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Alphabet was added to the Dow Jones Industrial Average, replacing Verizon, a move that can increase visibility and index-fund demand for the stock. Article Title
- Positive Sentiment: Several reports highlighted Alphabet’s AI infrastructure strength and rapid Google Cloud growth, reinforcing the view that enterprise AI demand is still supporting the company’s long-term growth story. Article Title
- Positive Sentiment: Jefferies reaffirmed its buy rating on Alphabet, adding another supportive signal for investors despite the recent pullback. Article Title
- Neutral Sentiment: Alphabet’s YouTube unit settled a lawsuit over alleged social media harm to children, removing a legal overhang but not likely moving the stock much on its own. Article Title
- Neutral Sentiment: Google delayed the launch of Gemini 3.5 Pro to July, saying it wants to refine the model further, which signals continued AI development but also a slower rollout. Article Title
- Negative Sentiment: Multiple stories pointed to AI researcher departures from Google to rivals like Anthropic and OpenAI, raising concerns that Alphabet is losing key talent in a critical growth area. Article Title
- Negative Sentiment: Sentiment also weakened on reports that Google is losing ground in search and faces fresh competitive challenges, which could pressure investor confidence in its core business. Article Title
Wall Street Analyst Weigh In
A number of equities analysts recently commented on GOOGL shares. Daiwa Securities Group lifted their price target on Alphabet from $380.00 to $445.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Stifel Nicolaus set a $420.00 target price on Alphabet and gave the stock a “buy” rating in a research note on Thursday, April 30th. Phillip Securities boosted their target price on Alphabet from $340.00 to $395.00 and gave the stock a “moderate buy” rating in a report on Wednesday, April 15th. Morgan Stanley upped their price target on shares of Alphabet from $330.00 to $375.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Finally, Roth Mkm reiterated a “buy” rating on shares of Alphabet in a research report on Thursday, April 30th. Two investment 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 company. According to MarketBeat, Alphabet presently has an average rating of “Moderate Buy” and an average price target of $413.13.
Check Out Our Latest Report on Alphabet
Insiders Place Their Bets
In other news, CAO Amie Thuener O’toole sold 617 shares of the business’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $289.63, for a total value of $178,701.71. Following the sale, the chief accounting officer owned 10,093 shares of the company’s stock, valued at $2,923,235.59. The trade was a 5.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John L. Hennessy sold 1,050 shares of the firm’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $393.26, for a total value of $412,923.00. Following the completion of the transaction, the director directly owned 2,531 shares of the company’s stock, valued at $995,341.06. The trade was a 29.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 160,516 shares of company stock valued at $7,344,604. 11.61% of the stock is currently owned by insiders.
Institutional Investors Weigh In On Alphabet
Hedge funds have recently modified their holdings of the company. EMC Capital Management bought a new position in shares of Alphabet during the fourth quarter worth about $33,000. Lifetime Wealth Management P.C. bought a new position in Alphabet in the 4th quarter valued at about $32,000. PMV Capital Advisers LLC purchased a new position in shares of Alphabet during the fourth quarter valued at approximately $38,000. IFC & Insurance Marketing Inc. purchased a new position in Alphabet during the 4th quarter worth $38,000. Finally, Bard Associates Inc. purchased a new stake in shares of Alphabet in the fourth quarter valued at about $52,000. Institutional investors and hedge funds own 40.03% of the company’s stock.
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.
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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