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 Stock Down 1.1%
Shares of Alphabet stock opened at $336.40 on Wednesday. The company has a fifty day moving average price of $340.64 and a 200 day moving average price of $350.00. 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 $244.67 and a twelve month high of $404.47. The stock has a market cap of $4.11 trillion, a price-to-earnings ratio of 16.90, a price-to-earnings-growth ratio of 0.99 and a beta of 1.19.
Alphabet (NASDAQ:GOOG – Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $119.80 billion during the quarter, compared to the consensus estimate of $116.53 billion. During the same period in the prior year, the firm earned $2.31 EPS. The firm’s quarterly revenue was up 24.2% compared to the same quarter last year. Equities research analysts forecast that Alphabet Inc. will post 20.55 earnings per share for the current fiscal year.
Insider Activity at Alphabet
In related news, Director Frances Arnold sold 83 shares of the stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total value of $28,257.35. Following the completion of the sale, the director directly owned 19,076 shares of the company’s stock, valued at approximately $6,494,424.20. This represents a 0.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Marsida Saraci sold 449 shares of the firm’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total value of $149,606.80. Following the sale, the chief accounting officer directly owned 27,386 shares in the company, valued at approximately $9,125,015.20. This represents a 1.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 402,479 shares of company stock worth $7,946,534. 12.99% of the stock is owned by company insiders.
More Alphabet News
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Cloud and AI-chip growth could support earnings. Bank of America expects Alphabet to potentially exceed third-quarter estimates, citing Google Cloud capacity expansion and demand for its custom TPU chips. Analysts forecast revenue of approximately $111.4 billion and earnings per share of $3.07. Alphabet set for earnings beat as Cloud and AI chips take centre stage
- Positive Sentiment: Alphabet continues expanding its AI ecosystem. Google made TorchTPU, its PyTorch version, open source to encourage developers to use its chips rather than Nvidia GPUs. Google is also adding more personalized Gemini capabilities to vehicles and expanding Gemini partnerships in government and enterprise markets. Google has joined Amazon in attacking Nvidia’s stronghold with AI app developers
- Positive Sentiment: YouTube may benefit from TikTok’s advertising shift. TikTok is reportedly redirecting advertising spending to YouTube, Pinterest and mobile-app networks after losing access to Meta’s advertising platform in some markets, potentially creating incremental demand for YouTube ads. TikTok is shifting advertising to YouTube after Meta says no thanks
- Neutral Sentiment: Waymo is pursuing aggressive expansion. Alphabet’s autonomous-vehicle unit plans to launch ride-hailing in Madrid in 2027 and reportedly aims to expand its fleet to 20,000 vehicles by the end of next year, offering long-term optionality but adding execution risk. Waymo to launch autonomous ride-hailing in Madrid next year
- Negative Sentiment: Investor litigation is weighing on sentiment. Several law firms are publicizing securities-fraud class actions tied to alleged misstatements about the timing and progress of Alphabet’s Gemini 3.5 Pro model. The lead-plaintiff deadline is December 1, 2026. Alphabet investors reminded of December 1 court deadline
- Negative Sentiment: Spending and operational concerns remain. Investors are concerned that accelerating AI capital expenditures could pressure free cash flow and margins, while a Google Cloud outage disrupted U.K. banks and other services, highlighting reliability risks. A hedge fund’s reduction of its Alphabet Class C stake adds another short-term sentiment headwind. Google Cloud outage hits UK banks
Institutional Investors Weigh In On Alphabet
Several institutional investors have recently bought and sold shares of GOOG. Denali Advisors LLC grew its holdings in Alphabet by 14.8% during the second quarter. Denali Advisors LLC now owns 105,988 shares of the information services provider’s stock worth $37,449,000 after buying an additional 13,700 shares in the last quarter. Heck Capital Advisors LLC raised its holdings in Alphabet by 298.2% during the 2nd quarter. Heck Capital Advisors LLC now owns 22,229 shares of the information services provider’s stock valued at $7,854,000 after buying an additional 16,647 shares during the last quarter. Montchanin Asset Management LLC bought a new position in Alphabet in the first quarter worth $7,075,000. Sax Wealth Advisors LLC increased its stake in Alphabet by 13.3% during the 2nd quarter. Sax Wealth Advisors LLC now owns 30,489 shares of the information services provider’s stock valued at $10,773,000 after purchasing an additional 3,575 shares in the last quarter. Finally, TrueMark Investments LLC purchased a new stake in Alphabet in the first quarter worth approximately $1,277,000. Institutional investors and hedge funds own 27.26% of the company’s stock.
Analyst Ratings Changes
A number of equities research analysts recently weighed in on GOOG shares. New Street Research lowered their price target on shares of Alphabet from $455.00 to $405.00 and set a “buy” rating for the company in a report on Friday, July 24th. JPMorgan Chase & Co. lifted their target price on Alphabet from $420.00 to $425.00 and gave the stock an “overweight” rating in a research report on Thursday, October 15th. Zacks Research cut Alphabet from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 5th. Sanford C. Bernstein reduced their target price on Alphabet from $390.00 to $385.00 and set a “market perform” rating for the company in a research note on Thursday, July 23rd. Finally, Wedbush initiated coverage on shares of Alphabet in a research report on Thursday, July 16th. They set an “outperform” rating and a $445.00 price target for the company. Six research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Alphabet currently has an average rating of “Buy” and a consensus price target of $421.85.
View Our Latest Stock Report on Alphabet
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.
About Alphabet
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.
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