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Penn Davis Mcfarland Inc Reduces Stake in Alphabet

Penn Davis Mcfarland Inc Reduces Stake in Alphabet

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Penn Davis Mcfarland Inc, managed by R. Van Ogden, recently executed a significant transaction involving Alphabet Inc. Class C ((GOOG)). The hedge fund reduced its position by 20,100 shares.

Spark’s Take on GOOG Stock

According to Spark, TipRanks’ AI Analyst, GOOG is a Outperform.

Alphabet’s overall stock score is driven by its strong financial performance and positive earnings call highlights, including significant revenue growth and AI-driven innovations. While the technical analysis indicates potential overbought conditions, the company’s solid fundamentals and growth prospects support a favorable outlook.

To see Spark’s full report on GOOG stock, click here.

More about Alphabet Inc. Class C

YTD Price Performance: 32.41%

Average Trading Volume: 22,262,649

Current Market Cap: $3105.3B

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