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

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 Stock Performance

Shares of NASDAQ:GOOGL traded down $5.18 during trading on Tuesday, reaching $352.34. 5,664,400 shares of the company’s stock traded hands, compared to its average volume of 32,265,715. Alphabet Inc. has a 12 month low of $196.60 and a 12 month high of $408.61. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. The stock has a market capitalization of $4.31 trillion, a P/E ratio of 17.70, a price-to-earnings-growth ratio of 0.99 and a beta of 1.24. The company has a 50 day moving average of $355.30 and a 200-day moving average of $340.74.

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

Alphabet Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 14th. Investors of record on Monday, September 7th will be given a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, September 4th. Alphabet’s dividend payout ratio (DPR) is 4.42%.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s planned 2026 capital spending of approximately $205 billion underscores management’s confidence in demand for AI computing capacity. The spending could support Google Cloud, search AI and related services, although it also raises execution and return-on-investment concerns. Alphabet’s Higher AI Spending Could Boost These ETFs
• Positive Sentiment: Google Cloud remains a major growth catalyst, with reported revenue growth of 82% and a contracted backlog of roughly $514 billion. Investors view the backlog and AI-related demand as potential justification for Alphabet’s aggressive infrastructure investment. 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, potentially improving checkout convenience and supporting ecosystem engagement. Google Play adds Venmo as a payment option
• Neutral Sentiment: Alphabet is among the technology companies benefiting from the broader AI investment boom. Nvidia’s effort to arrange more than $500 billion in third-party financing for AI infrastructure reinforces demand for data centers, but it also highlights the industry’s enormous capital requirements. Tech Weekly: Nvidia raises cash, robot dogs keep homes safe
• Negative Sentiment: French media organizations have asked regulators to intervene over Google’s AI-generated article summaries, arguing that the feature diverts traffic and threatens publisher revenue. Regulatory action could increase costs or constrain Alphabet’s AI search strategy. French media asks French anti-trust watchdog to act on Google’s AI
• Negative Sentiment: A U.S. appeals court ruling allows thousands of lawsuits alleging that social-media platforms, including Google, designed addictive products for young users to proceed. The litigation creates potential legal costs, liability and reputational risks for Alphabet. Social media platforms still facing thousands of user addiction lawsuits
• Negative Sentiment: Reports that Google AI Overviews have displayed allegedly inaccurate or damaging descriptions of small businesses raise concerns about search quality, trust and possible reputational or legal exposure.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on GOOGL shares. The Goldman Sachs Group lifted their price objective on shares of Alphabet from $400.00 to $450.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. China Renaissance raised their target price on shares of Alphabet from $400.00 to $485.00 and gave the stock a “buy” rating in a report on Monday, May 4th. Cantor Fitzgerald restated an “overweight” rating and issued a $420.00 price target (down from $435.00) on shares of Alphabet in a research report on Thursday, July 23rd. Citigroup reaffirmed an “outperform” rating on shares of Alphabet in a report on Monday, May 4th. Finally, Rothschild & Co Redburn raised their price objective on Alphabet from $390.00 to $430.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Six investment analysts have rated the stock with a Strong Buy rating, forty-four have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Alphabet has a consensus rating of “Buy” and an average target price of $419.86.

Insider Transactions at Alphabet

In other Alphabet news, insider John Kent Walker sold 8,998 shares of Alphabet stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $349.29, for a total value of $3,142,911.42. Following the completion of the sale, the insider directly owned 75,290 shares in the company, valued at approximately $26,298,044.10. The trade was a 10.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the business’s stock in a transaction on Monday, July 27th. The shares were sold at an average price of $19.46, for a total value of $3,832,277.26. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 600,547 shares of company stock valued at $16,255,540. 11.61% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of GOOGL. Strategic Wealth Advisors LLC increased its position in shares of Alphabet by 6.0% during the 1st quarter. Strategic Wealth Advisors LLC now owns 477 shares of the information services provider’s stock worth $137,000 after purchasing an additional 27 shares in the last quarter. Rockbridge Investment Management LCC raised its holdings in Alphabet by 0.5% in the 1st quarter. Rockbridge Investment Management LCC now owns 5,460 shares of the information services provider’s stock valued at $1,570,000 after acquiring an additional 27 shares during the period. Ruggaard & Associates LLC increased its stake in shares of Alphabet by 0.9% during the first quarter. Ruggaard & Associates LLC now owns 2,921 shares of the information services provider’s stock worth $840,000 after purchasing an additional 27 shares during the period. Cadia Private Client LLC lifted its holdings in shares of Alphabet by 1.1% during the first quarter. Cadia Private Client LLC now owns 2,589 shares of the information services provider’s stock worth $744,000 after buying an additional 28 shares in the last quarter. Finally, Evansbrook LLC raised its stake in Alphabet by 0.3% in the 1st quarter. Evansbrook LLC now owns 9,522 shares of the information services provider’s stock worth $2,738,000 after purchasing an additional 28 shares in the last quarter. Hedge funds and other institutional investors own 40.03% of the company’s stock.

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.