Senator John Boozman Invests in Alphabet Inc. Shares

Senator John Boozman (R-Arkansas) has recently made an investment by purchasing shares in Alphabet Inc. (NASDAQ: GOOGL). According to a filing submitted on March 6th, 2023, the Senator acquired between $1,001 and $15,000 worth of Alphabet stock on February 13th.

In addition to this investment, Senator Boozman engaged in several other trades on February 26th, 2025, which include:

• Purchased between $1,001 and $15,000 in shares of Sprott Lithium Miners ETF (NASDAQ:LITP).
• Purchased between $1,001 and $15,000 in shares of Invesco Short Term Treasury ETF (NYSEARCA:TBLL).
• Sold between $1,001 and $15,000 in shares of First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC).
• Sold between $1,001 and $15,000 in shares of First Trust North American Energy Infrastructure Fund (NYSEARCA:EMLP).
• Purchased between $1,001 and $15,000 in shares of Motorola Solutions (NYSE:MSI).
• Purchased between $1,001 and $15,000 in shares of Ecolab (NYSE:ECL).
• Purchased between $1,001 and $15,000 in shares of Amazon.com (NASDAQ:AMZN).
• Purchased between $1,001 and $15,000 in shares of American Express (NYSE:AXP).
• Purchased between $1,001 and $15,000 in shares of NVIDIA (NASDAQ:NVDA).
• Sold between $1,001 and $15,000 in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW).

Performance of Alphabet Stock

As of Friday, shares of GOOGL opened at $172.35. Alphabet has a debt-to-equity ratio of 0.03, a quick ratio of 1.84, and a current ratio of 1.84. The company's market capitalization is $2.10 trillion, with a price-to-earnings ratio of 21.41 and a P/E/G ratio of 1.34. The stock has experienced a 52-week low of $131.61 and a high of $207.05. The 50-day simple moving average stands at $188.59, while the 200-day simple moving average is $176.35.

Alphabet recently released its quarterly earnings report on February 4th. The company exceeded analysts' estimates with an earnings per share (EPS) of $2.15, surpassing the forecast of $2.12. Alphabet's net margin is 28.60%, and it boasts a return on equity of 32.49%. Analysts project an EPS of 8.9 for Alphabet in the current year.

Dividend Announcement by Alphabet

Furthermore, Alphabet has declared a quarterly dividend, which is set to be paid on Monday, March 17th. Shareholders on record as of March 10th will receive a dividend of $0.20 per share. The ex-dividend date is also March 10th, leading to a yearly dividend total of $0.80, corresponding to a yield of 0.46%. Alphabet's current payout ratio stands at 9.94%.

Insider Transactions at Alphabet

In related news, Kavitark Ram Shriram, a director at Alphabet, sold 37,134 shares of the company on December 10th, fetching an average price of $185.02, totaling $6,870,532.68. Following this transaction, Shriram holds 282,832 shares, valued at approximately $52,329,576.64, reflecting an 11.61% decrease in his ownership. Additionally, on March 3rd, CAO Amie Thuener O’toole sold 1,374 shares at an average price of $173.47, resulting in a total sale of $238,347.78. After the sale, she owns 15,024 shares worth around $2,606,213.28, marking an 8.38% reduction in her stake. Over the last ninety days, insiders have sold 134,316 shares amounting to $25,062,887. Currently, insiders own 11.55% of Alphabet's shares.

Institutional Holdings in Alphabet

Recently, there have been significant modifications in the institutional ownership of Alphabet shares. Compass Planning Associates Inc acquired a new position in Alphabet in the fourth quarter for about $30,000. LMR Partners LLP also set up a new stake worth $32,000 in the third quarter. Furthermore, E Fund Management Hong Kong Co. Ltd. increased its shareholding in Alphabet by an impressive 518.8% in the last quarter, now owning 198 shares worth $37,000 after acquiring an additional 166 shares. Fiduciary Advisors Inc. invested $39,000 to buy new shares, while PayPay Securities Corp raised its shareholding by 36.1% in the fourth quarter, owning 245 shares valued at $46,000 after purchasing 65 additional shares. Overall, 40.03% of Alphabet's stock is currently owned by institutional investors.

Analysts Outlook on Alphabet

A variety of research analysts have recently shared their insights regarding Alphabet. Wolfe Research raised their price target on Alphabet from $220.00 to $230.00, maintaining an “outperform” rating in a report dated January 3rd. DZ Bank altered Alphabet's rating from “buy” to “hold,” setting a price objective of $198.00. Meanwhile, KeyCorp boosted their target price from $215.00 to $225.00, giving a good rating of “overweight” on January 10th. JPMorgan Chase & Co. lowered their price target from $232.00 to $220.00 while maintaining an “overweight” rating. Needham & Company LLC reasserted a “buy” rating with a target price of $225.00. In total, ten analysts have rated Alphabet stock as a hold, twenty-nine as a buy, and four as a strong buy, indicating a general optimistic view with an average price target of $210.62 on MarketBeat.com.

About Senator Boozman

John Boozman is a Republican U.S. Senator from Arkansas. He took office on January 3, 2011, and his current term is set to end on January 3, 2029. Boozman was re-elected in the general election on November 8, 2022, after previously winning re-election in 2016. He has a political background that includes serving in the U.S. House from 2001 until 2010 before moving to the Senate. Prior to entering politics, he was an optometrist. Generally, Boozman is regarded as a mainstream Republican who aligns with the party on most legislative matters.

About Alphabet Inc.

Alphabet Inc. is a global leader providing a wide range of products and platforms across various regions such as the United States, Europe, and Asia. The company operates through several segments, with Google Services being the primary one, offering services such as Google Ads, Android, YouTube, and more.

Senator, Investment, Shares