Alphabet (NASDAQ:GOOG) Stock Sale Revealed by Rep. Michael A. Rulli

Representative Michael A. Rulli (Republican-Ohio) recently sold shares of Alphabet Inc. (NASDAQ:GOOG). In a filing disclosed on October 19th, the Representative disclosed that they had sold between $50,001 and $100,000 in Alphabet stock on October 16th. The trade occurred in the Representative’s “MERRILL LYNCH ROTH IRA” account.

Representative Michael A. Rulli also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of WesBanco (NASDAQ:WSBC) on 10/16/2026.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 9/28/2026.
• Sold $1,001 – $15,000 in shares of Wells Fargo & Company (NYSE:WFC) on 9/3/2026.
• Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 9/3/2026.
• Sold $50,001 – $100,000 in shares of Alphabet (NASDAQ:GOOGL) on 8/24/2026.
• Sold $1,001 – $15,000 in shares of Allstate (NYSE:ALL) on 8/12/2026.
• Purchased $1,001 – $15,000 in shares of Equinix (NASDAQ:EQIX) on 8/7/2026.
• Sold $1,001 – $15,000 in shares of Crown Castle (NYSE:CCI) on 8/6/2026.

Alphabet Price Performance

Shares of Alphabet stock opened at $330.91 on Thursday. The stock has a market capitalization of $4.05 trillion, a P/E ratio of 16.90, a PEG ratio of 0.97 and a beta of 1.19. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a twelve month low of $250.45 and a twelve month high of $404.47. The business’s fifty day moving average price is $340.41 and its 200 day moving average price is $350.26.

Alphabet (NASDAQ:GOOG) last issued its earnings results on Thursday, July 23rd. The information services provider reported $9.11 earnings per share for the quarter, topping the consensus estimate of $2.87 by $6.24. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. The company had revenue of $119.80 billion during the quarter, compared to the consensus estimate of $116.53 billion. During the same quarter in the prior year, the business earned $2.31 earnings per share. The company’s revenue was up 24.2% compared to the same quarter last year. As a group, research analysts anticipate that Alphabet Inc. will post 20.60 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Castlekeep Investment Advisors LLC bought a new position in Alphabet in the 2nd quarter worth approximately $29,000. Lifetime Wealth Management P.C. acquired a new position in Alphabet during the 4th quarter worth $38,000. Toth Financial Advisory Corp acquired a new position in Alphabet during the 2nd quarter worth $41,000. Timbuktu Capital Management LLC bought a new position in Alphabet in the 2nd quarter valued at $46,000. Finally, Robinswood Financial LLC bought a new position in Alphabet in the 1st quarter valued at $57,000. 27.26% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Frances Arnold sold 83 shares of the stock in a transaction dated Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total value of $28,257.35. Following the transaction, the director directly owned 19,076 shares of the company’s stock, valued at $6,494,424.20. This represents a 0.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the business’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. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 339,182 shares of company stock valued at $6,740,093. Company insiders own 12.99% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. Evercore lifted their price target on Alphabet from $420.00 to $450.00 and gave the stock an “outperform” rating in a report on Thursday, September 17th. Sanford C. Bernstein decreased their price objective on Alphabet from $390.00 to $385.00 and set a “market perform” rating for the company in a report on Thursday, July 23rd. The Goldman Sachs Group lowered their target price on shares of Alphabet from $440.00 to $435.00 and set a “buy” rating on the stock in a research report on Thursday, July 23rd. KeyCorp set a $410.00 price objective on shares of Alphabet in a report on Monday. Finally, TD Cowen reissued a “buy” rating and set a $485.00 price objective (up from $475.00) on shares of Alphabet in a research note on Thursday, October 8th. Six analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $421.85.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet reached an agreement to make OpenAI’s latest models and Codex coding agent available through Google Cloud. The deal could increase cloud demand, improve infrastructure utilization and strengthen Google’s position in enterprise AI. OpenAI to sell its top models on Google Cloud
• Positive Sentiment: Analysts and investors continue to point to accelerating Google Cloud growth, rising demand for Alphabet’s custom AI chips and resilient Search revenue as potential catalysts for the upcoming earnings report. Bank of America expects a modest third-quarter beat, while several analysts maintain bullish long-term targets. Alphabet set for earnings beat
• Positive Sentiment: Waymo expanded its autonomous ride-hailing service to Las Vegas airport and plans further international and fleet expansion, providing Alphabet with a potential long-term growth avenue beyond advertising and cloud. Waymo starts offering rides at the Las Vegas airport

About Representative Rulli

Michael Rulli (Republican Party) is a member of the U.S. House, representing Ohio’s 6th Congressional District. He assumed office on June 25, 2024. His current term ends on January 3, 2027.

Rulli (Republican Party) is running for re-election to the U.S. House to represent Ohio’s 6th Congressional District. He declared candidacy for the 2026 election.

Michael Rulli graduated from Poland Seminary High School. He earned a degree from Emerson College. Rulli’s career experience includes working as the director of operations with Rulli Bros. Markets.

Alphabet Company Profile

Alphabet Inc is a technology holding company best known as the parent organization of Google. Founded in 2015 through a corporate restructuring, Alphabet oversees Google and a collection of businesses focused on technology, online services, communications, artificial intelligence, and other emerging areas.

Google’s principal products and services include its internet search engine, digital advertising platforms, YouTube, Android, Chrome, Google Maps, Google Play, and Google Workspace. The company also provides cloud computing, data storage, cybersecurity, productivity, and artificial intelligence services through Google Cloud.