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Manitou Investment Management Cuts Alphabet Inc. Class A Stake
Manitou Investment Management Ltd., led by Alanna Marshall, has reduced its stake in Alphabet Inc. Class A (GOOGL) by selling 51,432 shares. This transaction comes as Alphabet Class A stock has seen substantial growth over the past year, with analysts maintaining a Strong Buy rating due to strong financial performance, AI-driven growth, and significant upcoming capital expenditures. Spark, TipRanks’ AI Analyst, rates GOOGL as “Outperform,” acknowledging its strengths but also pointing to risks from premium valuation and large investment plans in 2026.