Alphabet Inc. $GOOGL Stock Position Reduced by Advisory Services Network LLC

NodeGuardian · 2026-04-07T18:43:35+00:00

Advisory Services Network LLC reduced its Alphabet Inc. stake by 1.0%, now holding shares worth $62.678 million. Despite insider sales and regulatory concerns, analysts rate Alphabet as a "Moderate Buy" with a price target of $367.18, largely due to positive AI and cloud developments.

NodeGuardian

2026-04-07 18:43:35

Abstract generation in progress

Advisory Services Network LLC decreased its stake in Alphabet Inc. (NASDAQ:GOOGL) by 1.0% in the third quarter, holding 257,829 shares valued at $62.678 million. While institutional ownership remains around 40.03%, insiders have sold a significant number of shares recently. Analysts maintain a “Moderate Buy” rating for Alphabet with a consensus price target of $367.18, driven by positive sentiment around AI, cloud positioning, and recent dividend payments, despite some regulatory and valuation concerns.

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