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

Representative Cleo Fields (D-Louisiana) recently bought shares of Alphabet Inc. (NASDAQ:GOOGL). In a filing disclosed on November 12th, the Representative disclosed that they had bought between $100,001 and $250,000 in Alphabet stock on October 23rd. The trade occurred in the Representative’s “MORGAN STANLEY – E*TRADE #2” account.

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

• Purchased $100,001 – $250,000 in shares of Netflix (NASDAQ:NFLX) on 10/31/2025.
• Purchased $15,001 – $50,000 in shares of Celestica (NYSE:CLS) on 10/31/2025.
• Purchased $100,001 – $250,000 in shares of NVIDIA (NASDAQ:NVDA) on 10/30/2025.
• Purchased $15,001 – $50,000 in shares of NVIDIA (NASDAQ:NVDA) on 10/30/2025.
• Purchased $250,001 – $500,000 in shares of Apple (NASDAQ:AAPL) on 10/30/2025.
• Sold $15,001 – $50,000 in shares of Chipotle Mexican Grill (NYSE:CMG) on 10/30/2025.
• Purchased $50,001 – $100,000 in shares of Alphabet (NASDAQ:GOOG) on 10/29/2025.
• Purchased $100,001 – $250,000 in shares of Apple (NASDAQ:AAPL) on 10/23/2025.
• Purchased $100,001 – $250,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 10/23/2025.
• Purchased $1,001 – $15,000 in shares of IREN (NASDAQ:IREN) on 10/10/2025.

Alphabet Price Performance

Shares of NASDAQ:GOOGL traded down $2.16 during midday trading on Friday, reaching $276.41. 30,961,753 shares of the company’s stock were exchanged, compared to its average volume of 35,747,680. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.90 and a current ratio of 1.90. The company’s 50 day simple moving average is $257.24 and its two-hundred day simple moving average is $209.28. Alphabet Inc. has a 12 month low of $140.53 and a 12 month high of $292.01. The firm has a market capitalization of $3.34 trillion, a PE ratio of 27.26, a price-to-earnings-growth ratio of 1.86 and a beta of 1.05.

Alphabet (NASDAQ:GOOGL) last posted its earnings results on Wednesday, October 29th. The information services provider reported $2.87 earnings per share for the quarter, beating analysts’ consensus estimates of $2.29 by $0.58. Alphabet had a net margin of 32.23% and a return on equity of 36.08%. The business had revenue of $102.35 billion for the quarter, compared to analysts’ expectations of $99.90 billion. Equities research analysts expect that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Monday, December 8th will be issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, December 8th. Alphabet’s dividend payout ratio (DPR) is presently 8.28%.

Insider Buying and Selling at Alphabet

In other news, CAO Amie Thuener O’toole sold 2,778 shares of the company’s stock in a transaction on Monday, September 15th. The stock was sold at an average price of $245.00, for a total transaction of $680,610.00. Following the transaction, the chief accounting officer owned 17,293 shares of the company’s stock, valued at $4,236,785. This represents a 13.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider John Kent Walker sold 17,816 shares of the firm’s stock in a transaction dated Monday, September 29th. The shares were sold at an average price of $247.42, for a total value of $4,408,034.72. Following the completion of the transaction, the insider owned 42,985 shares in the company, valued at approximately $10,635,348.70. This represents a 29.30% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 221,796 shares of company stock worth $53,983,001. Insiders own 11.64% of the company’s stock.

Wall Street Analysts Forecast Growth

GOOGL has been the topic of several analyst reports. DA Davidson upped their price objective on Alphabet from $190.00 to $300.00 and gave the company a “neutral” rating in a research note on Thursday, October 30th. Hsbc Global Res raised Alphabet to a “strong-buy” rating in a research note on Tuesday, October 7th. Wolfe Research reiterated an “outperform” rating and issued a $350.00 price target (up from $290.00) on shares of Alphabet in a research report on Thursday, October 30th. Tigress Financial increased their price objective on Alphabet from $240.00 to $280.00 and gave the stock a “strong-buy” rating in a research note on Friday, September 5th. Finally, Royal Bank Of Canada restated a “buy” rating on shares of Alphabet in a research note on Thursday, October 30th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $304.10.

Institutional Trading of Alphabet

Several large investors have recently made changes to their positions in GOOGL. Vanguard Group Inc. raised its stake in shares of Alphabet by 1.3% in the second quarter. Vanguard Group Inc. now owns 516,559,609 shares of the information services provider’s stock worth $91,033,300,000 after acquiring an additional 6,733,278 shares during the last quarter. State Street Corp grew its stake in shares of Alphabet by 1.8% during the second quarter. State Street Corp now owns 229,954,269 shares of the information services provider’s stock valued at $40,524,841,000 after purchasing an additional 4,008,374 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Alphabet by 3.1% in the second quarter. Geode Capital Management LLC now owns 141,615,284 shares of the information services provider’s stock valued at $24,857,017,000 after purchasing an additional 4,224,497 shares in the last quarter. Norges Bank bought a new position in Alphabet in the 2nd quarter worth approximately $21,944,208,000. Finally, Capital World Investors raised its position in Alphabet by 28.0% in the 3rd quarter. Capital World Investors now owns 53,107,572 shares of the information services provider’s stock worth $12,910,542,000 after purchasing an additional 11,605,785 shares during the last quarter. Institutional investors own 40.03% 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 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.