EDENTREE ASSET MANAGEMENT Ltd Trims Stake in Alphabet Inc. $GOOGL

Market Beat
2026.03.08 08:34
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EDENTREE ASSET MANAGEMENT Ltd reduced its stake in Alphabet Inc. (NASDAQ: GOOGL) by 7.2% in Q3, now holding 178,800 shares valued at approximately $43.46 million. This makes Alphabet the firm's second-largest holding, comprising 10.5% of its portfolio. Other institutional investors also adjusted their positions in GOOGL. Analysts have raised price targets for Alphabet, with a consensus rating of "Moderate Buy" and an average target price of $367.18. GOOGL stock opened at $298.80, with a market cap of $3.61 trillion and a recent earnings report exceeding expectations.