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Wedgewood Partners Trims Alphabet Inc. Class A Position

Wedgewood Partners Trims Alphabet Inc. Class A Position

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Wedgewood Partners Inc, managed by David Rolfe, recently executed a significant transaction involving Alphabet Inc. Class A ((GOOGL)). The hedge fund reduced its position by 43,319 shares.

Recent Updates on Alphabet Inc. Class A stock

Alphabet Class A (GOOGL) has gained roughly 66–75% over the past year and around 6–9% in the last month, despite some brief weekly pullbacks, with shares recently trading in the low‑to‑mid $330s. Wall Street maintains a Strong Buy view, with average 12‑month targets around $352–$375 and top bulls like BMO and Bank of America setting targets as high as $400 on the back of a very strong Q4 2025 and accelerating AI‑driven Search and Cloud growth.

Spark’s Take on GOOGL Stock

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

The score is driven primarily by strong underlying financial quality (profitability, cash generation, and balance-sheet strength). It is moderated by weaker technical momentum, premium valuation with a very low dividend yield, and a near-term capital-intensity/margin risk profile from the 2026 investment ramp (reinforced by the recent large debt financing).

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

More about Alphabet Inc. Class A

YTD Price Performance: -3.09%

Average Trading Volume: 37,456,528

Current Market Cap: $3657.9B

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