Alphabet (NASDAQ:GOOGL) Stock Unloaded Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Alphabet Inc. (NASDAQ:GOOGL). In a filing disclosed on June 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in Alphabet stock on May 5th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of SoftBank Group (OTCMKTS:SFTBF) on 6/2/2026.
• Purchased $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 5/29/2026.
• Sold $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Independent Bank (NASDAQ:INDB) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Arcutis Biotherapeutics (NASDAQ:ARQT) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of HealthEquity (NASDAQ:HQY) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Boston Scientific (NYSE:BSX) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Perella Weinberg Partners (NASDAQ:PWP) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Cooper Companies (NASDAQ:COO) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Ligand Pharmaceuticals (NASDAQ:LGND) on 5/29/2026.

Alphabet Stock Down 2.2%

NASDAQ GOOGL opened at $356.38 on Thursday. 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 Inc. has a 1-year low of $162.00 and a 1-year high of $408.61. The company has a 50 day moving average of $357.80 and a 200-day moving average of $329.64. The company has a market cap of $4.32 trillion, a price-to-earnings ratio of 27.18, a PEG ratio of 1.56 and a beta of 1.23.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share for the quarter, beating analysts’ consensus estimates of $2.64 by $2.47. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. The company had revenue of $109.90 billion during the quarter, compared to the consensus estimate of $106.98 billion. On average, equities research analysts expect that Alphabet Inc. will post 14.29 earnings per share for the current fiscal year.

Alphabet Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 8th will be given a $0.22 dividend. The ex-dividend date is Monday, June 8th. This is a positive change from Alphabet’s previous quarterly dividend of $0.21. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.2%. Alphabet’s dividend payout ratio (DPR) is presently 6.71%.

Analyst Ratings Changes

Several brokerages have commented on GOOGL. Jefferies Financial Group restated a “buy” rating on shares of Alphabet in a research report on Wednesday, May 20th. Barclays restated a “buy” rating on shares of Alphabet in a research report on Friday, May 29th. Needham & Company LLC restated a “buy” rating and set a $450.00 price objective on shares of Alphabet in a research report on Wednesday, June 3rd. Canaccord Genuity Group boosted their price objective on shares of Alphabet from $415.00 to $450.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Finally, China Renaissance boosted their price objective on shares of Alphabet from $400.00 to $485.00 and gave the company a “buy” rating in a research report on Monday, May 4th. Two analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $413.13.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Erste Group Bank raised its FY2026 and FY2027 EPS estimates for Alphabet, signaling confidence in the company’s earnings outlook and AI/cloud-driven growth. Veteran Analyst Firm Resets Alphabet Forecast for 2027
• Positive Sentiment: Google expanded Gemini features for small businesses, which could help drive broader adoption of its AI tools and support future subscription revenue. Google Debuts Gemini Features Geared to Small Businesses
• Positive Sentiment: Reports that Gemini app monthly users doubled to 900 million reinforce Alphabet’s momentum in AI products and its ability to monetize a large user base. Alphabet Inc. (GOOGL) Reports Doubling of Gemini App Monthly Users to 900 Million
• Neutral Sentiment: Alphabet’s valuation is being scrutinized after a strong run, with some market coverage focusing on whether recent momentum can continue at the same pace. Alphabet (NasdaqGS:GOOGL) Valuation Check As Share Price Momentum Cools After Strong Year
• Negative Sentiment: Google and Meta were denied a new trial in the youth social media addiction case, leaving a legal overhang in place for Alphabet’s YouTube business. Market Chatter: Google, Meta Platforms Denied New Trial in Youth Social Media Addiction Case by California Judge
• Negative Sentiment: News that Gemini and Google Workspace AI tools experienced outages could weigh on sentiment around product reliability, even if the impact is likely temporary. Gemini Is Down? Live Updates on Google Workspace’s AI Errors
• Negative Sentiment: A Reuters report said a fire at a third-party facility caused intermittent Google Cloud network disruptions in India, highlighting operational risk for the cloud business. Fire at third-party facility disrupts Google Cloud network traffic in India
• Negative Sentiment: A broader warning that the AI data-center buildout may be less certain than expected could pressure sentiment across hyperscalers, including Alphabet, if investors worry about returns on heavy AI infrastructure spending. Wall Street’s $800 Billion AI Data Center Bet Is Showing Cracks

Institutional Trading of Alphabet

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Lifetime Wealth Management P.C. acquired a new stake in shares of Alphabet in the 4th quarter worth about $32,000. EMC Capital Management purchased a new stake in Alphabet in the 4th quarter valued at about $33,000. PMV Capital Advisers LLC purchased a new stake in Alphabet in the 4th quarter valued at about $38,000. IFC & Insurance Marketing Inc. purchased a new stake in Alphabet in the 4th quarter valued at about $38,000. Finally, Bard Associates Inc. purchased a new stake in Alphabet in the 4th quarter valued at about $52,000. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, major shareholder 2019 Gp L.L.C. Gv sold 87,475 shares of the stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $23.75, for a total transaction of $2,077,531.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider John Kent Walker sold 8,993 shares of the stock in a transaction that occurred on Friday, March 27th. The shares were sold at an average price of $275.89, for a total transaction of $2,481,078.77. Following the transaction, the insider directly owned 51,808 shares of the company’s stock, valued at $14,293,309.12. This represents a 14.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 193,016 shares of company stock worth $17,282,549. 11.61% of the stock is owned by insiders.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Alphabet

Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.