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Penn Davis Mcfarland Inc, managed by R. Van Ogden, recently executed a significant transaction involving Alphabet Inc. Class C ((GOOG)). The hedge fund reduced its position by 3,075 shares.
Recent Updates on Alphabet Inc. Class C stock
Alphabet Inc. Class C (GOOG) shares have continued a strong uptrend in recent days, gaining roughly 4%–6% over the past week and 7%–9% over the past month, while being up about 74%–77% over the last year. The stock recently traded around $333–$336, with Wall Street maintaining a Strong Buy consensus and 12‑month average price targets near $336–$341, implying modest further upside. Notably, analyst John Blackledge reiterated his Buy rating and lifted his discounted‑cash‑flow‑based price target to $355 as of January 13, 2026, citing continued strength in Google Search and YouTube, resilient albeit slightly easing market share in global digital advertising, and Alphabet’s leading position and growth potential in generative AI‑driven advertising, supported by survey data from senior U.S. ad buyers on ROI and measurement advantages across Alphabet’s platforms.
Spark’s Take on GOOG Stock
According to Spark, TipRanks’ AI Analyst, GOOG is a Outperform.
Alphabet’s strong financial performance and positive earnings call are the primary drivers of its high stock score. The company’s robust profitability, efficient operations, and strategic investments in AI and cloud services position it well for future growth. While technical indicators suggest potential short-term volatility, the long-term outlook remains positive. The high valuation reflects market confidence in Alphabet’s growth prospects.
To see Spark’s full report on GOOG stock, click here.
More about Alphabet Inc. Class C
YTD Price Performance: 5.27%
Average Trading Volume: 23,291,076
Current Market Cap: $4017.7B