Vulcan Value Partners, managed by C.T Fitzpatrick, recently reduced its stake in Alphabet Inc. Class C (GOOG) by selling 168,479 shares. Alphabet Class C stock has seen significant gains over the past year and analysts largely maintain a “Strong Buy” view, despite some near-term free cash flow pressure due to massive AI-driven capital expenditure plans. TipRanks’ AI Analyst, Spark, rates GOOG as “Outperform” citing strong financial performance and technical trends.
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Vulcan Value Partners trims Alphabet stake, sells 168,479 shares
Vulcan Value Partners, managed by C.T Fitzpatrick, recently reduced its stake in Alphabet Inc. Class C (GOOG) by selling 168,479 shares. Alphabet Class C stock has seen significant gains over the past year and analysts largely maintain a “Strong Buy” view, despite some near-term free cash flow pressure due to massive AI-driven capital expenditure plans. TipRanks’ AI Analyst, Spark, rates GOOG as “Outperform” citing strong financial performance and technical trends.