Rep. Dan Crenshaw Unloads Shares of Alphabet Inc. (NASDAQ:GOOG)

Representative Dan Crenshaw (Republican-Texas) recently sold shares of Alphabet Inc. (NASDAQ:GOOG). In a filing disclosed on July 16th, the Representative disclosed that they had sold between $1,001 and $15,000 in Alphabet stock on June 1st.

Representative Dan Crenshaw also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of United States 3x Oil Fund (NYSEARCA:USOU) on 6/1/2026.
• Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 6/1/2026.
• Sold $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 6/1/2026.
• Sold $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 6/1/2026.

Alphabet Trading Up 1.5%

Shares of Alphabet stock opened at $351.37 on Tuesday. The firm has a market capitalization of $4.26 trillion, a PE ratio of 26.80, a P/E/G ratio of 1.43 and a beta of 1.23. Alphabet Inc. has a twelve month low of $187.05 and a twelve month high of $404.47. The firm’s 50-day moving average price is $365.58 and its 200 day moving average price is $337.07. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.16.

Alphabet (NASDAQ:GOOG) last released its earnings results on Thursday, April 30th. The information services provider reported $5.11 earnings per share for the quarter, beating the consensus estimate of $2.68 by $2.43. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The business had revenue of $109.90 billion for the quarter, compared to the consensus estimate of $106.96 billion. During the same quarter last year, the business posted $2.81 earnings per share. The business’s quarterly revenue was up 21.8% compared to the same quarter last year. On average, sell-side analysts predict that Alphabet Inc. will post 14.33 EPS for the current fiscal year.

Alphabet Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 8th were paid a dividend of $0.22 per share. This is an increase from Alphabet’s previous quarterly dividend of $0.21. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, June 8th. Alphabet’s dividend payout ratio is presently 6.71%.

Insider Buying and Selling at Alphabet

In other Alphabet news, Director John L. Hennessy sold 1,050 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $368.63, for a total value of $387,061.50. Following the transaction, the director directly owned 1,481 shares of the company’s stock, valued at $545,941.03. This represents a 41.49% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider John Kent Walker sold 8,998 shares of Alphabet stock in a transaction on Monday, June 29th. The stock was sold at an average price of $349.29, for a total transaction of $3,142,911.42. Following the completion of the sale, the insider owned 75,290 shares of the company’s stock, valued at approximately $26,298,044.10. This trade represents a 10.68% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 159,415 shares of company stock worth $7,672,279. Insiders own 12.99% of the company’s stock.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Reports that Alphabet is building a new custom AI chip for Gemini have boosted shares, as the chip could greatly improve inference efficiency and reduce power needs. Reuters article
• Positive Sentiment: Analysts remain broadly bullish heading into earnings, pointing to continued strength in Search ads, Google Cloud growth, and improving margins; several reports say Alphabet is well positioned for a solid Q2 update. Zacks article
• Positive Sentiment: Market commentary highlights Alphabet’s “top-tier margins” and operating leverage across Search, Ads, and Cloud, which supports the case for upside if management confirms efficiency gains and strong demand trends. TipRanks article
• Neutral Sentiment: Options traders expect a meaningful post-earnings move, signaling that Wall Street sees Wednesday’s results as a high-volatility event rather than a one-way bet. Invezz article
• Neutral Sentiment: Several pieces focused on valuation, earnings expectations, and whether Alphabet can justify its AI spending, reflecting the market’s wait-and-see stance before the report. Seeking Alpha article
• Negative Sentiment: Ongoing securities-fraud investigation headlines and comments from Michael Burry about hidden debt in big tech could add near-term caution, even though they do not appear tied to Alphabet’s operating results. GlobeNewswire article

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on GOOG shares. Wedbush began coverage on shares of Alphabet in a research note on Thursday, July 16th. They set an “outperform” rating and a $445.00 price objective for the company. Scotiabank reissued an “outperform” rating and issued a $450.00 price target (up from $400.00) on shares of Alphabet in a research report on Thursday, April 30th. KeyCorp set a $445.00 target price on Alphabet in a report on Friday, July 10th. Wells Fargo & Company set a $416.00 price objective on shares of Alphabet in a research report on Thursday, July 2nd. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $450.00 target price on shares of Alphabet in a research report on Thursday, May 21st. Five investment analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $383.44.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Auto Owners Insurance Co increased its position in shares of Alphabet by 38,409.2% in the fourth quarter. Auto Owners Insurance Co now owns 179,836,276 shares of the information services provider’s stock worth $5,643,262,000 after acquiring an additional 179,369,280 shares in the last quarter. J. Stern & Co. LLP boosted its position in Alphabet by 28,482.8% during the 4th quarter. J. Stern & Co. LLP now owns 112,091,870 shares of the information services provider’s stock worth $35,174,429,000 after purchasing an additional 111,699,704 shares during the period. Norges Bank acquired a new stake in Alphabet in the 4th quarter valued at $18,093,665,000. Cardano Risk Management B.V. lifted its stake in shares of Alphabet by 850.3% during the fourth quarter. Cardano Risk Management B.V. now owns 17,692,600 shares of the information services provider’s stock worth $5,551,938,000 after purchasing an additional 15,830,754 shares in the last quarter. Finally, Vanguard Group Inc. boosted its position in shares of Alphabet by 2.0% in the fourth quarter. Vanguard Group Inc. now owns 421,013,782 shares of the information services provider’s stock worth $132,114,125,000 after buying an additional 8,128,234 shares during the period. Institutional investors and hedge funds own 27.26% of the company’s stock.

About Representative Crenshaw

Daniel Crenshaw (Republican Party) is a member of the U.S. House, representing Texas’ 2nd Congressional District. He assumed office on January 3, 2019. His current term ends on January 3, 2027.

Crenshaw (Republican Party) is running for re-election to the U.S. House to represent Texas’ 2nd Congressional District. He declared candidacy for the 2026 election.

Crenshaw defeated Todd Litton (D), Patrick Gunnels (L), and Scott Cubbler (Independent) in the general election on November 6, 2018. He advanced to a Republican primary runoff on May 22, 2018, where he defeated Kevin Roberts. The runoff election was called after no candidate won 50 percent of the vote in the Republican primary on March 6, 2018.

A retired lieutenant commander in the U.S. Navy, Crenshaw served in the Navy SEALs for ten years. Prior to running in 2018, Crenshaw had not previously served in elected office. Crenshaw’s candidacy received media attention, including an appearance on Fox and Friends. U.S. Reps. Pete Sessions (R-Texas), whom he previously worked for as a military legislative assistant, and Scott Taylor (R-Virg.) endorsed Crenshaw’s candidacy.

Crenshaw served as a Navy SEAL from 2006 to 2016. He was deployed to Iraq and Afghanistan and lost his right eye in an IED explosion in Afghanistan. He earned a bachelor’s degree in international affairs from Tufts University and an M.P.A. from Harvard.

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.