Penn Davis Mcfarland Inc trims Alphabet Inc. stake

Penn Davis Mcfarland Inc, managed by R. Van Ogden, recently executed a significant transaction involving Alphabet Inc. Class A ((GOOGL)). The hedge fund reduced its position by 1,361 shares.

Recent Updates on Alphabet Inc. Class A stock

Alphabet Inc. Class A (GOOGL) shares have posted strong recent gains, rising roughly 4–6% over the past week, about 8–9% over the last month, and around 74–78% over the past year, significantly outperforming the NASDAQ and FANG peers in 2025. Wall Street sentiment remains very positive, with a Strong Buy consensus and 12‑month average price targets around $338–$340, implying modest upside from recent prices near $332–$336. Bank of America analyst Justin Post reiterated his Buy rating on January 13, 2026, with a $370 price objective, emphasizing Alphabet’s leading AI position via its Gemini LLM, custom TPU infrastructure, dominant Search reach, and growing Cloud and Workspace adoption. He sees further upside from better monetization of AI‑enhanced search, faster Google Cloud growth, emerging “Agentic AI” opportunities, and increased commercial traction for TPUs and Other Bets, while cautioning on risks such as intensifying search and AI competition, rising AI and cloud costs, potential cloud overcapacity, slower ad growth, and concerns about Alphabet’s already elevated valuation multiples.

Spark’s Take on GOOGL Stock

According to Spark, TipRanks’ AI Analyst, GOOGL is a Outperform.

Alphabet’s strong financial performance and positive earnings call are the most significant factors driving the stock score. Technical analysis supports a bullish outlook, though valuation concerns slightly temper the overall score. Strategic investments in AI and cloud services position Alphabet well for future growth, despite some cost-related challenges.

To see Spark’s full report on GOOGL stock, click here.

More about Alphabet Inc. Class A

YTD Price Performance: 5.43%

Average Trading Volume: 36,464,780

Current Market Cap: $4017.7B