Rep. Matthew Robert Van Epps Unloads Alphabet Inc. (NASDAQ:GOOGL) Shares

Representative Matthew Robert Van Epps (Republican-Tennessee) recently sold shares of Alphabet Inc. (NASDAQ:GOOGL). In a filing disclosed on June 17th, the Representative disclosed that they had sold between $1,001 and $15,000 in Alphabet stock on June 16th. The trade occurred in the Representative’s “SCHWAB ONE ACCOUNT” account.

Representative Matthew Robert Van Epps also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 6/16/2026.
  • Sold $1,001 – $15,000 in shares of Southwest Airlines (NYSE:LUV) on 6/16/2026.
  • Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 6/16/2026.
  • Sold $15,001 – $50,000 in shares of Tapestry (NYSE:TPR) on 6/16/2026.
  • Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 6/16/2026.
  • Sold $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 6/16/2026.
  • Sold $1,001 – $15,000 in shares of ExxonMobil (NYSE:XOM) on 6/16/2026.
  • Sold $1,001 – $15,000 in shares of GE Aerospace (NYSE:GE) on 6/16/2026.
  • Sold $1,001 – $15,000 in shares of GE Vernova (NYSE:GEV) on 6/16/2026.
  • Sold $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 6/16/2026.

Alphabet Stock Performance

GOOGL traded down $1.58 during trading on Thursday, hitting $343.71. The stock had a trading volume of 42,585,703 shares, compared to its average volume of 32,293,998. The firm has a market cap of $4.16 trillion, a PE ratio of 26.22, a P/E/G ratio of 1.48 and a beta of 1.23. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.16. Alphabet Inc. has a 12 month low of $169.94 and a 12 month high of $408.61. The company has a 50 day simple moving average of $368.72 and a 200-day simple moving average of $332.69.

Alphabet (NASDAQ:GOOGLGet Free Report) last released its earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.64 by $2.47. The firm had revenue of $109.90 billion for the quarter, compared to analyst estimates of $106.98 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%. Analysts expect that Alphabet Inc. will post 14.3 EPS for the current year.

Alphabet Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 8th were issued a $0.22 dividend. This is a boost from Alphabet’s previous quarterly dividend of $0.21. The ex-dividend date was Monday, June 8th. This represents a $0.88 annualized dividend and a yield of 0.3%. Alphabet’s payout ratio is 6.71%.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

Wall Street Analysts Forecast Growth

GOOGL has been the topic of several research analyst reports. CICC Research raised their price target on shares of Alphabet from $388.00 to $407.91 and gave the stock an “outperform” rating in a research report on Friday, May 1st. Roth Mkm reissued a “buy” rating on shares of Alphabet in a report on Thursday, April 30th. Citizens Jmp restated a “market outperform” rating and issued a $515.00 target price on shares of Alphabet in a research note on Wednesday, May 20th. Oppenheimer raised their target price on Alphabet from $425.00 to $445.00 and gave the stock an “outperform” rating in a research report on Friday, May 15th. Finally, Citigroup reiterated an “outperform” rating on shares of Alphabet in a research note on Monday, May 4th. Two equities research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $413.13.

View Our Latest Analysis on GOOGL

Institutional Investors Weigh In On Alphabet

A number of hedge funds have recently made changes to their positions in the company. Strategic Wealth Advisors LLC raised its position in Alphabet by 6.0% in the 1st quarter. Strategic Wealth Advisors LLC now owns 477 shares of the information services provider’s stock valued at $137,000 after purchasing an additional 27 shares during the last quarter. Rockbridge Investment Management LCC lifted its position in Alphabet by 0.5% during the 1st quarter. Rockbridge Investment Management LCC now owns 5,460 shares of the information services provider’s stock worth $1,570,000 after buying an additional 27 shares in the last quarter. Ruggaard & Associates LLC lifted its position in Alphabet by 0.9% during the 1st quarter. Ruggaard & Associates LLC now owns 2,921 shares of the information services provider’s stock worth $840,000 after buying an additional 27 shares in the last quarter. Cadia Private Client LLC grew its holdings in Alphabet by 1.1% during the 1st quarter. Cadia Private Client LLC now owns 2,589 shares of the information services provider’s stock worth $744,000 after acquiring an additional 28 shares during the last quarter. Finally, Evansbrook LLC increased its position in Alphabet by 0.3% in the 1st quarter. Evansbrook LLC now owns 9,522 shares of the information services provider’s stock valued at $2,738,000 after acquiring an additional 28 shares in the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.

Insider Transactions at Alphabet

In other news, Director John L. Hennessy sold 1,050 shares of the stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $368.63, for a total transaction of $387,061.50. Following the sale, the director directly owned 1,481 shares of the company’s stock, valued at $545,941.03. This represents a 41.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Frances Arnold sold 102 shares of the firm’s stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $381.00, for a total transaction of $38,862.00. Following the completion of the sale, the director directly owned 18,721 shares of the company’s stock, valued at approximately $7,132,701. This represents a 0.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 160,516 shares of company stock worth $7,344,604. Corporate insiders own 11.61% of the company’s stock.

About Representative Van Epps

Matthew Robert Van Epps (born March 29, 1983) is an American politician and former Army officer serving as the U.S representative for Tennessee’s 7th congressional district since December 2025. A member of the Republican Party, he was elected in the 2025 special election. He previously served as the commissioner of the Tennessee Department of General Services from 2024 to 2025. He was sworn in on December 4, 2025.

About Alphabet

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Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.

Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.

Further Reading

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