Sen. John Fetterman Buys Alphabet Inc. (NASDAQ:GOOG) Shares

Senator John Fetterman (Democratic-Pennsylvania) recently bought shares of Alphabet Inc. (NASDAQ:GOOG). In a filing disclosed on April 03rd, the Senator disclosed that they had bought between $1,001 and $15,000 in Alphabet stock on March 30th.

Senator John Fetterman also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 3/30/2026.
• Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 3/30/2026.
• Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 3/30/2026.
• Purchased $1,001 – $15,000 in shares of Erie Indemnity (NASDAQ:ERIE) on 3/30/2026.
• Sold $1,001 – $15,000 in shares of AT&T (NYSE:T) on 3/27/2026.
• Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 3/27/2026.
• Purchased $1,001 – $15,000 in shares of Erie Indemnity (NASDAQ:ERIE) on 3/27/2026.

Alphabet Stock Performance

NASDAQ GOOG traded down $0.29 during trading on Tuesday, hitting $297.37. 5,175,799 shares of the company’s stock traded hands, compared to its average volume of 21,807,766. The business has a 50 day moving average of $308.28 and a 200-day moving average of $297.57. Alphabet Inc. has a 12-month low of $145.21 and a 12-month high of $350.15. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. The stock has a market capitalization of $3.60 trillion, a price-to-earnings ratio of 27.49, a PEG ratio of 1.80 and a beta of 1.13.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings data on Thursday, February 5th. The information services provider reported $2.82 EPS for the quarter, beating analysts’ consensus estimates of $2.59 by $0.23. The company had revenue of $113.83 billion during the quarter, compared to analyst estimates of $111.24 billion. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. Alphabet’s revenue was up 18.0% compared to the same quarter last year. During the same period last year, the business earned $2.15 earnings per share. As a group, equities research analysts anticipate that Alphabet Inc. will post 8.89 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 9th were given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Monday, March 9th. Alphabet’s dividend payout ratio (DPR) is currently 7.77%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Pivotal Research reaffirmed a “buy” rating and issued a $420.00 target price (up from $400.00) on shares of Alphabet in a research report on Thursday, February 5th. Scotiabank reiterated an “outperform” rating and set a $400.00 price target (up from $375.00) on shares of Alphabet in a research note on Thursday, February 5th. Wedbush reiterated an “outperform” rating and set a $370.00 target price on shares of Alphabet in a research report on Thursday, February 5th. Canaccord Genuity Group increased their target price on Alphabet from $330.00 to $390.00 and gave the company a “buy” rating in a research report on Wednesday, January 7th. Finally, Raymond James Financial upgraded shares of Alphabet from an “outperform” rating to a “strong-buy” rating and raised their target price for the stock from $315.00 to $400.00 in a report on Thursday, January 22nd. Nine investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $345.71.

Institutional Investors Weigh In On Alphabet

Hedge funds and other institutional investors have recently made changes to their positions in the company. Tradewinds LLC. raised its holdings in shares of Alphabet by 2,134.8% during the 3rd quarter. Tradewinds LLC. now owns 45,098 shares of the information services provider’s stock valued at $10,984,000 after buying an additional 43,080 shares during the period. Kathmere Capital Management LLC boosted its stake in Alphabet by 8.5% during the 4th quarter. Kathmere Capital Management LLC now owns 29,896 shares of the information services provider’s stock valued at $9,381,000 after purchasing an additional 2,341 shares in the last quarter. Atlantic Union Bankshares Corp grew its position in Alphabet by 31.3% in the third quarter. Atlantic Union Bankshares Corp now owns 354,529 shares of the information services provider’s stock worth $86,345,000 after buying an additional 84,553 shares during the last quarter. Baltimore Washington Financial Advisors Inc. boosted its stake in Alphabet by 0.9% in the 3rd quarter. Baltimore Washington Financial Advisors Inc. now owns 221,391 shares of the information services provider’s stock worth $53,920,000 after purchasing an additional 2,009 shares during the period. Finally, American National Bank of Texas purchased a new stake in shares of Alphabet during the third quarter worth $900,000. Institutional investors and hedge funds own 27.26% of the company’s stock.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Broadcom signed a long‑term deal to design and supply future generations of Google’s custom AI chips through 2031, locking in supply for Google’s next‑gen AI racks and reducing execution risk for its AI infrastructure buildout. Broadcom signs long-term deal to develop Google’s custom AI chips
• Positive Sentiment: Anthropic will draw on Google’s TPUs and access ~3.5 gigawatts of compute (online 2027) as its revenue run‑rate has surged — a sign of strong external demand for Google’s AI processors and cloud capacity. Anthropic Google Broadcom TPU deal 3.5 gigawatts and $30 billion revenue
• Positive Sentiment: Market inflows and ETFs that track the Magnificent Seven are being pitched as buying opportunities after the NASDAQ pullback, signaling institutional rotation back into large AI leaders like Alphabet. A One-Stop Shop to Track the Magnificent Seven as Big Tech Tries to Stabilize (GOOG)
• Neutral Sentiment: Alphabet continues to appear on top‑stock lists and gets constructive analyst coverage (and some price‑target trims), which supports longer‑term investor interest but offers mixed near‑term signals. Is Alphabet (GOOG) Among the Best S&P 500 Stocks to Buy Right Now?
• Negative Sentiment: Analysts and commentators warn Alphabet’s massive 2026 capex plan (~$175–$185B / ~$180B) will weigh on margins and likely produce negative free cash flow in the near term. Nobody Believed In Alphabet: In 2026, It Faces Its Biggest Test
• Negative Sentiment: The New York Times highlights accuracy and sourcing concerns with Google’s AI‑generated overviews, a reputational/legal risk that could pressure user trust and regulatory scrutiny. How Accurate Are Google’s A.I. Overviews?
• Negative Sentiment: Shareholder pressure and investor inquiries over data‑center water and power use could complicate or slow some expansion plans, potentially raising costs or permitting delays. Investors press Amazon, Microsoft and Google on water, power use in US data centers

Insiders Place Their Bets

In related news, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the business’s stock in a transaction on Friday, January 30th. The shares were sold at an average price of $19.00, for a total transaction of $35,060,852.00. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider John Kent Walker sold 47,574 shares of the company’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $301.45, for a total transaction of $14,341,182.30. Following the completion of the sale, the insider directly owned 13,227 shares in the company, valued at approximately $3,987,279.15. The trade was a 78.25% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 2,101,844 shares of company stock worth $115,147,751 over the last quarter. 12.99% of the stock is currently owned by company insiders.

About Senator Fetterman

John Fetterman (Democratic Party) is a member of the U.S. Senate from Pennsylvania. He assumed office on January 3, 2023. His current term ends on January 3, 2029.

Fetterman (Democratic Party) ran for election to the U.S. Senate to represent Pennsylvania. He won in the general election on November 8, 2022.

In his role as lieutenant governor, Fetterman served as president of the Senate. He ran on a joint ticket with the gubernatorial nominee, Tom Wolf (D).

Fetterman was a 2016 Democratic candidate who sought election to the U.S. Senate from Pennsylvania. He was defeated by Katie McGinty in the Democratic primary. He served as mayor of Braddock, Pennsylvania, from 2005 to 2019; he won his first term by one vote.

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.