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Twin City Private Wealth LLC Lowers Stock Position in Alphabet Inc. $GOOGL
Twin City Private Wealth LLC reduced its stake in Alphabet Inc. (NASDAQ:GOOGL) by 22.6% in the third quarter, selling 2,734 shares and holding 9,356 shares valued at $2.274 million. Despite insider selling, Alphabet delivered strong Q4 EPS and revenue, driven by Cloud growth, leading to multiple analyst price-target increases and the announcement of a quarterly dividend. The company faces both positive sentiments, like Waymo expansion and strong bond demand, and negative sentiments, such as an EU antitrust probe and concerns over high CapEx and broader tech weakness.