Representative Emily Randall (D-Washington) recently sold shares of Alphabet Inc. NASDAQ: GOOG. In a filing disclosed on February 11th, the Representative disclosed that they had sold between $1,001 and $15,000 in Alphabet stock on January 7th. The trade occurred in the Representative's "GARRET D. LEAHEY 2019 IRREVOCABLE F/B/O ALISON LEAHEY" account.
Representative Emily Randall also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of PepsiCo NASDAQ: PEP on 1/6/2025.
- Sold $1,001 - $15,000 in shares of Amgen NASDAQ: AMGN on 1/6/2025.
- Sold $1,001 - $15,000 in shares of Exxon Mobil NYSE: XOM on 1/6/2025.
- Sold $1,001 - $15,000 in shares of Verizon Communications NYSE: VZ on 1/6/2025.
- Sold $1,001 - $15,000 in shares of Procter & Gamble NYSE: PG on 1/6/2025.
- Sold $1,001 - $15,000 in shares of Fortive NYSE: FTV on 1/6/2025.
- Sold $1,001 - $15,000 in shares of Abbott Laboratories NYSE: ABT on 1/6/2025.
- Sold $1,001 - $15,000 in shares of Mondelez International NASDAQ: MDLZ on 1/6/2025.
- Sold $1,001 - $15,000 in shares of Medtronic NYSE: MDT on 1/6/2025.
- Sold $1,001 - $15,000 in shares of Wells Fargo & Company NYSE: WFC on 1/6/2025.
Alphabet Price Performance
NASDAQ GOOG traded down $1.01 on Friday, hitting $186.87. 12,668,379 shares of the company's stock were exchanged, compared to its average volume of 17,640,524. The stock has a 50-day moving average of $194.37 and a 200-day moving average of $176.69. The stock has a market cap of $2.29 trillion, a price-to-earnings ratio of 23.21, a P/E/G ratio of 1.39 and a beta of 1.00. The company has a current ratio of 1.84, a quick ratio of 1.95 and a debt-to-equity ratio of 0.03. Alphabet Inc. has a 52 week low of $131.55 and a 52 week high of $208.70.
Alphabet (NASDAQ:GOOG - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The information services provider reported $2.15 earnings per share for the quarter, beating analysts' consensus estimates of $2.12 by $0.03. Alphabet had a return on equity of 32.49% and a net margin of 28.60%. Analysts expect that Alphabet Inc. will post 8.9 earnings per share for the current year.
Alphabet Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 10th will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 0.43%. The ex-dividend date is Monday, March 10th. Alphabet's payout ratio is presently 9.94%.
Analyst Upgrades and Downgrades
A number of analysts have weighed in on GOOG shares. Pivotal Research increased their price target on Alphabet from $215.00 to $225.00 and gave the stock a "buy" rating in a report on Wednesday, October 30th. JPMorgan Chase & Co. increased their price objective on shares of Alphabet from $208.00 to $212.00 and gave the stock an "overweight" rating in a research report on Wednesday, October 30th. Wedbush reissued an "outperform" rating and set a $220.00 price objective on shares of Alphabet in a research report on Thursday, January 30th. Barclays increased their price objective on shares of Alphabet from $200.00 to $220.00 and gave the stock an "overweight" rating in a research report on Wednesday, October 30th. Finally, Citizens Jmp cut shares of Alphabet from a "strong-buy" rating to a "hold" rating in a research report on Thursday, January 2nd. Six analysts have rated the stock with a hold rating, twelve have assigned a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $209.13.
View Our Latest Analysis on Alphabet
Insider Buying and Selling
In related news, CEO Sundar Pichai sold 22,500 shares of the stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $176.67, for a total transaction of $3,975,075.00. Following the sale, the chief executive officer now directly owns 2,061,806 shares of the company's stock, valued at approximately $364,259,266.02. This represents a 1.08 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider John Kent Walker sold 16,820 shares of the company's stock in a transaction on Monday, December 30th. The stock was sold at an average price of $192.62, for a total transaction of $3,239,868.40. Following the transaction, the insider now owns 43,981 shares of the company's stock, valued at $8,471,620.22. This represents a 27.66 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 89,529 shares of company stock worth $16,600,078 in the last 90 days. 12.99% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On Alphabet
Large investors have recently added to or reduced their stakes in the stock. Fiduciary Advisors Inc. bought a new stake in shares of Alphabet in the 4th quarter valued at about $27,000. LSV Asset Management bought a new position in shares of Alphabet during the 4th quarter worth approximately $27,000. Weiss Asset Management LP bought a new position in shares of Alphabet during the 3rd quarter worth approximately $25,000. Safe Harbor Fiduciary LLC bought a new position in shares of Alphabet during the 3rd quarter worth approximately $33,000. Finally, WealthTrak Capital Management LLC bought a new position in shares of Alphabet during the 4th quarter worth approximately $38,000. 27.26% of the stock is owned by hedge funds and other institutional investors.
About Representative Randall
Emily Randall (Democratic Party) is a member of the U.S. House, representing Washington's 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.
Randall (Democratic Party) is running for re-election to the U.S. House to represent Washington's 6th Congressional District. She declared candidacy for the 2026 election.
Emily Randall was born in Port Orchard, Washington, and lives in Bremerton, Washington. Randall earned bachelor's degrees in Spanish and women's studies from Wellesley College in 2008. Her career experience includes working as a development professional with Wellesley College, the San Francisco AIDS Foundation, Planned Parenthood Federation of America, and Legal Voice.
Alphabet Company Profile
(
Get Free Report)
Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.
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