Avanza Fonder AB Decreases Stake in Alphabet Inc. $GOOGL

Market Beat
2026.01.02 08:27
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Avanza Fonder AB has reduced its stake in Alphabet Inc. (NASDAQ: GOOGL) by 3.0% during Q3, now holding 380,800 shares valued at approximately $92.57 million. This makes Alphabet the 7th largest position in its portfolio. Other institutional investors have also adjusted their holdings in GOOGL. Recent analyst upgrades have raised price targets for Alphabet, reflecting positive sentiment around its AI initiatives and growth prospects, despite concerns over insider selling and regulatory scrutiny.