Rep. Cleo Fields Buys Alphabet Inc. (NASDAQ:GOOG) Stock

Representative Cleo Fields (Democratic-Louisiana) recently bought shares of Alphabet Inc. (NASDAQ:GOOG). In a filing disclosed on April 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in Alphabet stock on March 16th. The trade occurred in the Representative’s “MORGAN STANLEY – E*TRADE #2” account.

Representative Cleo Fields also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 3/12/2026.
• Purchased $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 2/12/2026.
• Purchased $100,001 – $250,000 in shares of Meta Platforms (NASDAQ:META) on 2/3/2026.
• Purchased $50,001 – $100,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 2/3/2026.
• Purchased $100,001 – $250,000 in shares of Micron Technology (NASDAQ:MU) on 2/3/2026.
• Purchased $100,001 – $250,000 in shares of Alphabet (NASDAQ:GOOGL) on 2/3/2026.
• Purchased $15,001 – $50,000 in shares of Lam Research (NASDAQ:LRCX) on 2/3/2026.
• Purchased $100,001 – $250,000 in shares of Alphabet (NASDAQ:GOOG) on 1/20/2026.
• Purchased $50,001 – $100,000 in shares of Netflix (NASDAQ:NFLX) on 1/20/2026.
• Purchased $50,001 – $100,000 in shares of Meta Platforms (NASDAQ:META) on 1/20/2026.

Alphabet Stock Up 3.6%

Shares of Alphabet stock opened at $314.74 on Thursday. The stock has a 50-day moving average price of $307.23 and a 200 day moving average price of $298.03. The company has a market cap of $3.81 trillion, a P/E ratio of 29.12, a P/E/G ratio of 1.80 and a beta of 1.13. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.11. Alphabet Inc. has a 1 year low of $145.81 and a 1 year high of $350.15.

Alphabet (NASDAQ:GOOG) last announced its quarterly earnings data on Thursday, February 5th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.59 by $0.23. The firm had revenue of $113.83 billion during the quarter, compared to the consensus estimate of $111.24 billion. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The business’s revenue for the quarter was up 18.0% on a year-over-year basis. During the same period in the prior year, the business earned $2.15 EPS. As a group, analysts expect that Alphabet Inc. will post 8.89 EPS for the current fiscal year.

Alphabet Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 9th were paid a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Monday, March 9th. Alphabet’s dividend payout ratio is currently 7.77%.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Long-term TPU and networking deals deepen Alphabet’s hardware advantage and reduce AI cost exposure, supporting Google Cloud margins and enterprise wins. Broadcom and Google seal five-year AI chip partnership
• Positive Sentiment: Waymo’s expansion to Nashville signals commercial progress for autonomous ride‑hailing, turning an “Other Bets” narrative into potential revenue growth. Alphabet Climbs 4% on Waymo’s Nashville Expansion: The Self-Driving Bet Is Starting to Pay Off
• Positive Sentiment: Google Finance’s AI overhaul and real‑time insights broaden product monetization and user engagement — a near‑term product catalyst that supports ad and subscription upside. Google Finance Gets AI Overhaul – Rolls Out Real-Time Insights To 100+ Countries
• Positive Sentiment: Google Cloud remains the fastest‑growing major cloud platform with a surging cloud backlog and AI-native offerings (Vertex/Gemini + TPUs), improving revenue visibility and margin trajectory. Google Cloud Is the World’s Fastest-Growing Major Cloud Platform
• Positive Sentiment: Wing and DoorDash drone expansion into Atlanta adds another commercialization channel for logistics and local revenue opportunities. Alphabet’s Wing Drone Unit, DoorDash Expand Into Atlanta. Google Stock Turns Green In 2026.
• Neutral Sentiment: Broad market tailwinds — including a temporary geopolitical ceasefire — lifted tech stocks broadly, amplifying Alphabet’s gains alongside stock‑specific news. Alphabet, Meta, Amazon, Nvidia lead tech rally after Trump announces ceasefire with Iran
• Neutral Sentiment: Competitors (Meta, Anthropic, OpenAI) continue product launches; heightened competition could pressure share if monetization or market share shifts. Meta debuts new AI model, attempting to catch Google, OpenAI after spending billions
• Negative Sentiment: Some institutional selling has occurred (TCW sold shares), and environmental/community pushback on large data‑center projects raises operational/permit risk for capacity expansion. TCW Relative Value Large Cap Fund Sold Alphabet Inc (GOOG) After Meeting Valuation Characteristics While Amazon, Microsoft, Google Struggle With AI On Land — China Looks To The Sea

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Ring Mountain Capital LLC increased its holdings in shares of Alphabet by 0.9% during the 4th quarter. Ring Mountain Capital LLC now owns 3,554 shares of the information services provider’s stock valued at $1,174,000 after acquiring an additional 30 shares during the last quarter. Cannon Financial Strategists Inc. increased its holdings in shares of Alphabet by 1.9% during the 4th quarter. Cannon Financial Strategists Inc. now owns 1,589 shares of the information services provider’s stock valued at $499,000 after acquiring an additional 30 shares during the last quarter. HRC Wealth Management LLC increased its holdings in shares of Alphabet by 1.0% during the 4th quarter. HRC Wealth Management LLC now owns 3,231 shares of the information services provider’s stock valued at $1,014,000 after acquiring an additional 31 shares during the last quarter. Certior Financial Group LLC increased its holdings in shares of Alphabet by 3.5% during the 4th quarter. Certior Financial Group LLC now owns 919 shares of the information services provider’s stock valued at $288,000 after acquiring an additional 31 shares during the last quarter. Finally, Synergy Investment Management LLC boosted its stake in Alphabet by 0.8% during the 4th quarter. Synergy Investment Management LLC now owns 4,124 shares of the information services provider’s stock valued at $1,294,000 after purchasing an additional 31 shares during the period. Institutional investors and hedge funds own 27.26% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. JPMorgan Chase & Co. increased their price objective on Alphabet from $385.00 to $395.00 and gave the stock an “overweight” rating in a research note on Thursday, February 5th. Scotiabank reaffirmed an “outperform” rating and issued a $400.00 target price (up from $375.00) on shares of Alphabet in a research report on Thursday, February 5th. Pivotal Research reaffirmed a “buy” rating and issued a $420.00 target price (up from $400.00) on shares of Alphabet in a research report on Thursday, February 5th. Wells Fargo & Company raised Alphabet from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 23rd. Finally, Oppenheimer reaffirmed an “outperform” rating and issued a $360.00 target price on shares of Alphabet in a research report on Thursday, February 5th. Nine research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Alphabet currently has a consensus rating of “Buy” and an average target price of $345.71.

Insider Activity

In related news, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $307.89, for a total transaction of $10,006,425.00. Following the completion of the sale, the chief executive officer owned 1,642,060 shares in the company, valued at $505,573,853.40. This represents a 1.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Amie Thuener O’toole sold 617 shares of the 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 approximately $2,923,235.59. The trade was a 5.76% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 2,069,344 shares of company stock worth $104,708,426 over the last 90 days. Company insiders own 12.99% of the company’s stock.

About Representative FIELDS

Cleo Fields (Democratic Party) is a member of the U.S. House, representing Louisiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Fields (Democratic Party) is running for re-election to the U.S. House to represent Louisiana’s 6th Congressional District. He declared candidacy for the primary scheduled on November 3, 2026.

Cleo Fields graduated from McKinley High School in 1980. He earned a bachelor’s degree in mass communications from Southern University in 1984 and a J.D. from the Southern University Law Center in 1987. His career experience includes working as a state legislator and U.S. congressman. When Fields was elected to the Louisiana State Senate in 1986, he was the youngest person ever elected to the State Senate in Louisiana’s history. In 1995, Fields ran for governor of Louisiana, becoming the first African American since reconstruction to make the runoff.

About Alphabet

Alphabet Inc (NASDAQ: GOOG) is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as “Other Bets.” Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company’s history.

Alphabet’s core business centers on internet search and advertising, with Google Search and the company’s ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.