Rep. Thomas H. Kean, Jr. Sells Alphabet Inc. (NASDAQ:GOOGL) Shares

Representative Thomas H. Kean, Jr. (Republican-New Jersey) recently sold shares of Alphabet Inc. (NASDAQ:GOOGL). In a filing disclosed on September 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Alphabet stock on August 27th. The trade occurred in the Representative’s “STATE STREET BANK & TRUST CO.” account.

Representative Thomas H. Kean, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 8/27/2026.
• Sold $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 8/27/2026.
• Purchased $1,001 – $15,000 in shares of MasTec (NYSE:MTZ) on 8/21/2026.
• Sold $1,001 – $15,000 in shares of Stryker (NYSE:SYK) on 7/22/2026.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 7/22/2026.
• Purchased $1,001 – $15,000 in shares of Toast (NYSE:TOST) on 7/8/2026.
• Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 7/8/2026.
• Purchased $1,001 – $15,000 in shares of ESAB (NYSE:ESAB) on 7/7/2026.
• Purchased $1,001 – $15,000 in shares of EQT (NYSE:EQT) on 7/7/2026.
• Sold $1,001 – $15,000 in shares of Analog Devices (NASDAQ:ADI) on 6/30/2026.

Alphabet Stock Up 3.2%

GOOGL stock opened at $349.39 on Tuesday. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. Alphabet Inc. has a 1-year low of $235.84 and a 1-year high of $408.61. The firm has a fifty day moving average price of $346.41 and a two-hundred day moving average price of $344.15. The firm has a market cap of $4.27 trillion, a price-to-earnings ratio of 17.55, a PEG ratio of 0.98 and a beta of 1.22.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.89 by $6.22. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The company had revenue of $119.80 billion for the quarter, compared to the consensus estimate of $117.07 billion. Research analysts predict that Alphabet Inc. will post 20.52 EPS for the current year.

Alphabet Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 14th. Shareholders of record on Monday, September 7th were issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Friday, September 4th. Alphabet’s payout ratio is currently 4.42%.

Insider Activity at Alphabet

In other Alphabet news, CAO Marsida Saraci sold 449 shares of the business’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total transaction of $149,606.80. Following the sale, the chief accounting officer owned 27,386 shares of the company’s stock, valued at approximately $9,125,015.20. The trade was a 1.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the company’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $18.90, for a total value of $2,232,808.20. The SEC filing for this sale provides additional information. Insiders have sold 450,875 shares of company stock valued at $11,984,482 over the last ninety days. 11.61% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Alphabet

Several large investors have recently bought and sold shares of the stock. Strategic Wealth Advisors LLC increased its position in shares of Alphabet by 6.0% in the first quarter. Strategic Wealth Advisors LLC now owns 477 shares of the information services provider’s stock worth $137,000 after purchasing an additional 27 shares during the period. Rockbridge Investment Management LCC raised its position in Alphabet by 0.5% during the first quarter. Rockbridge Investment Management LCC now owns 5,460 shares of the information services provider’s stock valued at $1,570,000 after purchasing an additional 27 shares in the last quarter. Ruggaard & Associates LLC lifted its stake in Alphabet by 0.9% during the first quarter. Ruggaard & Associates LLC now owns 2,921 shares of the information services provider’s stock worth $840,000 after purchasing an additional 27 shares during the last quarter. Cadia Private Client LLC boosted its holdings in shares of Alphabet by 1.1% in the 1st quarter. Cadia Private Client LLC now owns 2,589 shares of the information services provider’s stock valued at $744,000 after purchasing an additional 28 shares in the last quarter. Finally, Evansbrook LLC raised its holdings in shares of Alphabet by 0.3% during the 1st quarter. Evansbrook LLC now owns 9,522 shares of the information services provider’s stock worth $2,738,000 after buying an additional 28 shares in the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on GOOGL shares. Roth Capital reiterated a “buy” rating and set a $440.00 price target (up from $435.00) on shares of Alphabet in a research report on Thursday, July 23rd. Zacks Research lowered Alphabet from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 11th. Piper Sandler reiterated an “overweight” rating and issued a $395.00 target price (down from $445.00) on shares of Alphabet in a research note on Thursday, July 23rd. Phillip Securities raised shares of Alphabet from a “moderate buy” rating to a “strong-buy” rating in a report on Monday, July 27th. Finally, Morgan Stanley set a $400.00 price target on shares of Alphabet and gave the stock an “overweight” rating in a research report on Thursday, July 23rd. Five research analysts have rated the stock with a Strong Buy rating, forty-five have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $420.19.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet’s Waymo autonomous-driving unit is expanding commercially, opening its robotaxi service to the public in Las Vegas and targeting Tokyo’s first fully autonomous commercial taxi service in 2027. The initiatives provide a potential long-term growth avenue beyond advertising and cloud computing. Waymo to bring autonomous ride-hailing to Las Vegas
• Positive Sentiment: Google Cloud remains a major growth driver, with reported backlog reaching $514 billion after 82% revenue growth in the latest quarter. Investors see cloud and AI services as increasingly important sources of future revenue and cash flow. Alphabet’s cloud backlog reaches $514 billion
• Positive Sentiment: Alphabet’s agreement to secure nuclear power from Finland’s Loviisa plant supports its energy-intensive AI data-center expansion and reduces exposure to future electricity shortages. The company plans to invest at least €13 billion in Finnish AI infrastructure through 2028. Alphabet’s nuclear-power investment
• Positive Sentiment: Technical analysts see Alphabet emerging from a months-long correction and potentially forming a bullish base. The stock’s valuation, analyst Buy consensus, and continued institutional demand are supporting the bullish case. Alphabet technical outlook
• Neutral Sentiment: Warnings from former and current AI researchers that advanced AI could pose severe risks have increased scrutiny of the industry. However, investors may view a slower AI race as potentially beneficial to Alphabet by giving it more time to develop and commercialize its models. Former Google DeepMind researcher warns about AI risks
• Negative Sentiment: Alphabet’s reported suspension of share buybacks as AI capital spending rises could reduce shareholder returns and contribute to a higher share count. Separately, securities-fraud investigations announced by law firms create headline and potential legal risk, although the notices do not establish wrongdoing. Big Tech buybacks and AI spending

About Representative Kean

Thomas Kean Jr. (Republican Party) is a member of the U.S. House, representing New Jersey’s 7th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Kean (Republican Party) is running for re-election to the U.S. House to represent New Jersey’s 7th Congressional District. He declared candidacy for the 2026 election.

Thomas Kean Jr. lives in Westfield, New Jersey. Kean earned a master’s degree from the Tufts University Fletcher School of Law and Diplomacy. His career experience includes working with the Environmental Protection Agency during the George H.W. Bush administration and as an advisor to former U.S. Representative Bob Franks, a firefighter, and an emergency medical technician. Kean has served as the vice president of a fire department.

Alphabet Company Profile

Alphabet Inc is a technology and holding company founded in 2015 through a restructuring of Google. The company is headquartered in Mountain View, California, and operates globally, serving consumers, businesses, advertisers and developers across numerous countries and regions.

Alphabet’s largest business is Google Services, which includes Google Search, online advertising, YouTube, Android, Chrome, Google Maps, Google Play and hardware products such as Pixel devices. These products support activities including internet search, digital content distribution, mobile computing, online communications and advertising.