SBI Securities Co. Ltd. Decreases Stake in Alphabet Inc. $GOOG

Market Beat
2026.02.11 10:53
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SBI Securities Co. Ltd. reduced its stake in Alphabet Inc. (NASDAQ:GOOG) by 3.6% in Q3, now holding 166,562 shares valued at approximately $40.57 million. This makes Alphabet the 18th largest position in SBI's portfolio. Other institutional investors have also adjusted their holdings, with Fairman Group LLC increasing its stake by 121.3%. Analysts maintain a positive outlook on Alphabet, with a consensus rating of "Buy" and a target price averaging $343.47. Recent news includes EU approval for Alphabet's $32 billion acquisition of Wiz and a strong demand for its debt offerings.