Rep. Bruce Westerman Sells Off Shares of Alphabet Inc. (NASDAQ:GOOGL)

Representative Bruce Westerman (R-Arkansas) recently sold shares of Alphabet Inc. (NASDAQ:GOOGL). In a filing disclosed on April 16th, the Representative disclosed that they had sold between $1,001 and $15,000 in Alphabet stock on March 20th. The trade occurred in the Representative’s “FISHER IRA” account.

Representative Bruce Westerman also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) on 4/2/2025.
• Purchased $1,001 – $15,000 in shares of Sony Group (NYSE:SONY) on 3/24/2025.
• Purchased $1,001 – $15,000 in shares of Mitsubishi UFJ Financial Group (NYSE:MUFG) on 3/21/2025.
• Purchased $1,001 – $15,000 in shares of BP (NYSE:BP) on 3/21/2025.
• Sold $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 3/20/2025.
• Sold $1,001 – $15,000 in shares of Medtronic (NYSE:MDT) on 3/20/2025.
• Purchased $1,001 – $15,000 in shares of ASML (NASDAQ:ASML) on 3/20/2025.
• Sold $1,001 – $15,000 in shares of Visa (NYSE:V) on 3/20/2025.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 3/20/2025.
• Sold $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 3/20/2025.

Alphabet Trading Down 1.5 %

Shares of NASDAQ:GOOGL opened at $151.08 on Friday. The company has a market cap of $1.84 trillion, a PE ratio of 18.77, a P/E/G ratio of 1.34 and a beta of 1.03. The company’s 50 day moving average is $165.82 and its two-hundred day moving average is $175.88. Alphabet Inc. has a 52 week low of $140.53 and a 52 week high of $207.05. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 0.03.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings results on Tuesday, February 4th. The information services provider reported $2.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.12 by $0.03. Alphabet had a return on equity of 32.49% and a net margin of 28.60%. Equities analysts predict that Alphabet Inc. will post 8.9 earnings per share for the current fiscal year.

Alphabet Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 10th were issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 0.53%. The ex-dividend date of this dividend was Monday, March 10th. Alphabet’s dividend payout ratio (DPR) is presently 9.94%.

Insider Activity

In other news, CAO Amie Thuener O’toole sold 1,340 shares of Alphabet stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $202.08, for a total transaction of $270,787.20. Following the completion of the sale, the chief accounting officer now directly owns 17,848 shares in the company, valued at $3,606,723.84. The trade was a 6.98 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Sundar Pichai sold 32,500 shares of the company’s stock in a transaction that occurred on Wednesday, April 2nd. The shares were sold at an average price of $158.56, for a total transaction of $5,153,200.00. Following the transaction, the chief executive officer now directly owns 2,717,696 shares in the company, valued at $430,917,877.76. The trade was a 1.18 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 115,663 shares of company stock worth $20,286,447 over the last ninety days. 11.55% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Rosenblatt Securities reiterated a “neutral” rating and issued a $205.00 price target on shares of Alphabet in a research note on Wednesday, March 19th. Wedbush set a $190.00 target price on shares of Alphabet and gave the company an “outperform” rating in a research report on Tuesday. Wells Fargo & Company reduced their price target on shares of Alphabet from $184.00 to $167.00 and set an “equal weight” rating for the company in a research report on Monday, March 31st. DA Davidson dropped their price objective on Alphabet from $200.00 to $160.00 and set a “neutral” rating on the stock in a report on Monday. Finally, BMO Capital Markets reissued an “outperform” rating and issued a $200.00 target price (down from $230.00) on shares of Alphabet in a report on Thursday. Ten equities research analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and five have assigned a strong buy rating to the company’s stock. According to MarketBeat, Alphabet currently has a consensus rating of “Moderate Buy” and an average target price of $200.74.

Institutional Trading of Alphabet

A number of institutional investors have recently bought and sold shares of the company. Lynch & Associates IN increased its position in shares of Alphabet by 2.6% in the first quarter. Lynch & Associates IN now owns 32,072 shares of the information services provider’s stock valued at $4,960,000 after buying an additional 800 shares in the last quarter. RS Crum Inc. grew its stake in Alphabet by 24.2% in the 1st quarter. RS Crum Inc. now owns 1,499 shares of the information services provider’s stock valued at $232,000 after acquiring an additional 292 shares during the last quarter. Schaper Benz & Wise Investment Counsel Inc. WI increased its holdings in Alphabet by 0.8% during the 1st quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 141,328 shares of the information services provider’s stock valued at $21,855,000 after acquiring an additional 1,105 shares in the last quarter. Vista Investment Partners LLC raised its position in Alphabet by 6.4% during the first quarter. Vista Investment Partners LLC now owns 8,418 shares of the information services provider’s stock worth $1,302,000 after acquiring an additional 505 shares during the last quarter. Finally, AA Financial Advisors LLC lifted its holdings in shares of Alphabet by 0.9% in the first quarter. AA Financial Advisors LLC now owns 8,771 shares of the information services provider’s stock valued at $1,356,000 after purchasing an additional 76 shares in the last quarter. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

About Representative Westerman

Bruce Westerman (Republican Party) is a member of the U.S. House, representing Arkansas’ 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Westerman (Republican Party) is running for re-election to the U.S. House to represent Arkansas’ 4th Congressional District. He declared candidacy for the 2026 election.

Westerman earned his BSBAGE in biological and agricultural engineering from the University of Arkansas in 1990 and his MF in forestry from Yale University in 2001. His professional experience includes working as a plant engineer for Riceland Foods and an engineer/forester for Mid-South Engineering Company.

Alphabet Company Profile

Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.