Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Weitz Investment Management, Inc., managed by Wallace Weitz, recently executed a significant transaction involving Alphabet Inc. Class C ((GOOG)). The hedge fund reduced its position by 92,700 shares.
Recent Updates on Alphabet Inc. Class C stock
Alphabet Class C (GOOG) has posted a roughly 66%–73% gain over the past year, with modest month‑to‑month volatility but continued strength, trading near $331–$333 and drawing a StrongBuy consensus. Analysts highlight accelerating Search and Google Cloud growth (both around 17% and 48% respectively), aggressive AI‑driven capex plans, and see further upside with average 12‑month targets around $366–$384 and some bullish calls up to $420.
Spark’s Take on GOOG Stock
According to Spark, TipRanks’ AI Analyst, GOOG is a Outperform.
High score is driven primarily by strong financial performance (scaled profitability and earnings power) and supportive technical trend. This is tempered by premium valuation and earnings-call risks tied to a very large 2026 CapEx ramp and faster depreciation that may pressure near-term cash flow despite strong AI and Cloud momentum.
To see Spark’s full report on GOOG stock, click here.
More about Alphabet Inc. Class C
YTD Price Performance: -0.79%
Average Trading Volume: 24,410,518
Current Market Cap: $3763.7B