Alphabet Inc. $GOOGL Holdings Trimmed by Wallace Advisory Group LLC

Market Beat
2026.01.01 14:05
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Wallace Advisory Group LLC reduced its holdings in Alphabet Inc. (NASDAQ: GOOGL) by 14.5% in Q3, now owning 9,622 shares valued at $2.34 million. Other institutional investors also adjusted their positions, with Capital Advisors increasing by 0.4% and CWM LLC by 6.4%. Overall, institutional investors hold 40.03% of Alphabet's stock. Recent news highlights positive sentiment around Alphabet's AI developments and analyst upgrades, while concerns about insider selling and capital expenditures persist.