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Rep. Marjorie Taylor Greene Buys Alphabet Inc. (NASDAQ:GOOG) Stock

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Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Alphabet Inc. NASDAQ: GOOG. In a filing disclosed on March 19th, the Representative disclosed that they had bought between $1,001 and $15,000 in Alphabet stock on March 17th.

Representative Marjorie Taylor Greene also recently made the following trade(s):

  • Purchased $1,001 - $15,000 in shares of Cardinal Health NYSE: CAH on 3/17/2025.
  • Purchased $1,001 - $15,000 in shares of AbbVie NYSE: ABBV on 3/17/2025.
  • Purchased $1,001 - $15,000 in shares of Apple NASDAQ: AAPL on 3/17/2025.
  • Purchased $1,001 - $15,000 in shares of Kinder Morgan NYSE: KMI on 3/17/2025.
  • Purchased $1,001 - $15,000 in shares of Digital Realty Trust NYSE: DLR on 3/17/2025.
  • Purchased $1,001 - $15,000 in shares of Caterpillar NYSE: CAT on 3/17/2025.
  • Purchased $1,001 - $15,000 in shares of Blackstone NYSE: BX on 3/17/2025.
  • Purchased $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 3/17/2025.
  • Purchased $1,001 - $15,000 in shares of United Parcel Service NYSE: UPS on 3/17/2025.
  • Purchased $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 3/17/2025.

Alphabet Stock Up 2.2 %

NASDAQ GOOG traded up $3.68 on Monday, reaching $169.93. The company had a trading volume of 18,701,494 shares, compared to its average volume of 17,857,988. The firm has a 50-day moving average of $184.37 and a 200-day moving average of $178.22. The firm has a market capitalization of $2.07 trillion, a PE ratio of 21.11, a P/E/G ratio of 1.34 and a beta of 1.03. Alphabet Inc. has a 1 year low of $148.20 and a 1 year high of $208.70. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.84 and a quick ratio of 1.84.

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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 (EPS) for the quarter, topping the consensus estimate of $2.12 by $0.03. Alphabet had a return on equity of 32.49% and a net margin of 28.60%. On average, equities research analysts anticipate that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 10th were paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.47%. The ex-dividend date was Monday, March 10th. Alphabet's dividend payout ratio is presently 9.94%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Fiduciary Advisors Inc. acquired a new position in Alphabet during the fourth quarter valued at $27,000. LSV Asset Management purchased a new position in Alphabet during the fourth quarter valued at approximately $27,000. Weiss Asset Management LP acquired a new position in shares of Alphabet in the third quarter worth $25,000. Safe Harbor Fiduciary LLC acquired a new stake in Alphabet during the third quarter valued at $33,000. Finally, WealthTrak Capital Management LLC acquired a new stake in shares of Alphabet during the 4th quarter valued at about $38,000. 27.26% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have recently commented on GOOG. Rosenblatt Securities reaffirmed a "neutral" rating on shares of Alphabet in a research report on Wednesday, March 19th. Needham & Company LLC reaffirmed a "buy" rating on shares of Alphabet in a report on Wednesday, February 5th. Wedbush restated an "outperform" rating and set a $220.00 price objective on shares of Alphabet in a research note on Thursday, January 30th. Citizens Jmp cut shares of Alphabet from a "strong-buy" rating to a "hold" rating in a research note on Thursday, January 2nd. Finally, Cantor Fitzgerald reiterated a "neutral" rating on shares of Alphabet in a report on Wednesday, March 19th. One research analyst has rated the stock with a sell rating, six have given a hold rating, fourteen have given a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat, Alphabet has an average rating of "Moderate Buy" and an average target price of $209.13.

Get Our Latest Stock Report on GOOG

Insider Activity at Alphabet

In other news, insider John Kent Walker sold 16,820 shares of the stock in a transaction dated 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 approximately $8,471,620.22. This represents a 27.66 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Amie Thuener O'toole sold 1,368 shares of the business's stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $191.55, for a total value of $262,040.40. Following the completion of the sale, the chief accounting officer now owns 20,681 shares of the company's stock, valued at approximately $3,961,445.55. This trade represents a 6.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 93,048 shares of company stock valued at $17,374,274. 12.99% of the stock is owned by corporate insiders.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia's 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027. Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia's 14th Congressional District. She declared candidacy for the 2026 election.

About Alphabet

(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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