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 October 30th, the Representative disclosed that they had bought between $15,001 and $50,000 in Alphabet stock on October 10th. 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 IREN (NASDAQ:IREN) on 10/10/2025.
• Purchased $15,001 – $50,000 in shares of Alphabet (NASDAQ:GOOG) on 10/10/2025.
• Purchased $1,001 – $15,000 in shares of CoreWeave (NASDAQ:CRWV) on 10/10/2025.
• Purchased $15,001 – $50,000 in shares of Palantir Technologies (NASDAQ:PLTR) on 10/10/2025.
• Purchased $1,001 – $15,000 in shares of CoreWeave (NASDAQ:CRWV) on 10/9/2025.
• Purchased $15,001 – $50,000 in shares of Oracle (NYSE:ORCL) on 9/23/2025.
• Purchased $1,001 – $15,000 in shares of Opendoor Technologies (NASDAQ:OPEN) on 9/19/2025.
• Purchased $15,001 – $50,000 in shares of Oracle (NYSE:ORCL) on 9/18/2025.
• Purchased $15,001 – $50,000 in shares of Amazon.com (NASDAQ:AMZN) on 9/17/2025.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 9/17/2025.

Alphabet Stock Down 0.1%

Alphabet stock opened at $281.31 on Friday. The company has a market capitalization of $3.40 trillion, a P/E ratio of 27.74, a P/E/G ratio of 1.86 and a beta of 1.00. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.07. The firm has a 50 day moving average price of $244.00 and a 200-day moving average price of $199.98. Alphabet Inc. has a twelve month low of $140.53 and a twelve month high of $291.59.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings results on Wednesday, October 29th. The information services provider reported $2.87 EPS for the quarter, beating analysts’ consensus estimates of $2.29 by $0.58. The company had revenue of $102.35 billion for the quarter, compared to analysts’ expectations of $99.90 billion. Alphabet had a net margin of 32.23% and a return on equity of 36.08%. As a group, equities analysts predict that Alphabet Inc. will post 8.9 EPS for the current year.

Insider Activity at Alphabet

In other news, insider John Kent Walker sold 23,820 shares of the company’s stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $194.70, for a total transaction of $4,637,754.00. Following the completion of the sale, the insider owned 42,999 shares in the company, valued at $8,371,905.30. This represents a 35.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Amie Thuener O’toole sold 2,778 shares of the company’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $245.00, for a total value of $680,610.00. Following the sale, the chief accounting officer owned 17,293 shares of the company’s stock, valued at $4,236,785. This trade represents a 13.84% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 246,150 shares of company stock valued at $55,805,379 over the last three months. 11.64% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research firms have recently weighed in on GOOGL. DA Davidson raised their price objective on shares of Alphabet from $190.00 to $300.00 and gave the company a “neutral” rating in a research report on Thursday. Royal Bank Of Canada reissued a “buy” rating on shares of Alphabet in a report on Thursday. CIBC lifted their target price on shares of Alphabet to $315.00 in a research note on Monday, October 20th. Needham & Company LLC lifted their price target on shares of Alphabet from $260.00 to $330.00 and gave the company a “buy” rating in a research report on Thursday. Finally, CICC Research lifted their price target on shares of Alphabet from $240.00 to $303.00 and gave the company an “outperform” rating in a research report on Friday. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $302.20.

Hedge Funds Weigh In On Alphabet

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Mystic Asset Management Inc. raised its holdings in Alphabet by 6.7% in the 1st quarter. Mystic Asset Management Inc. now owns 28,454 shares of the information services provider’s stock valued at $4,400,000 after buying an additional 1,791 shares during the period. Harbour Trust & Investment Management Co increased its stake in Alphabet by 0.3% during the first quarter. Harbour Trust & Investment Management Co now owns 27,075 shares of the information services provider’s stock worth $4,187,000 after purchasing an additional 80 shares during the period. Cypress Capital LLC grew its position in shares of Alphabet by 4.1% during the first quarter. Cypress Capital LLC now owns 14,310 shares of the information services provider’s stock worth $2,213,000 after buying an additional 563 shares in the last quarter. Bridgeway Capital Management LLC grew its position in shares of Alphabet by 17.9% during the first quarter. Bridgeway Capital Management LLC now owns 88,187 shares of the information services provider’s stock worth $13,637,000 after buying an additional 13,371 shares in the last quarter. Finally, Alaethes Wealth LLC grew its position in shares of Alphabet by 1.1% during the first quarter. Alaethes Wealth LLC now owns 7,646 shares of the information services provider’s stock worth $1,182,000 after buying an additional 84 shares in 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.

Alphabet Company Profile

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.