Route One Investment Company trims Alphabet Inc. Class A stake

Route One Investment Company, managed by William Duhamel, has reduced its stake in Alphabet Inc. Class A (GOOGL) by selling 19,960 shares. Despite this trim, Alphabet shares have seen substantial gains in the past year, driven by AI advancements in Search and Google Cloud. Spark, TipRanks’ AI Analyst, rates GOOGL as “Outperform” due to its financial quality, though noting premium valuation and near-term capital intensity risks.

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