Wedgewood Partners Inc., managed by David Rolfe, has reduced its position in Alphabet Inc. Class A (GOOGL) by selling 43,319 shares. Despite this, Alphabet Class A stock has seen significant gains over the past year and month, with Wall Street maintaining a Strong Buy view and high price targets due to strong Q4 2025 performance and accelerating AI-driven growth. TipRanks’ AI Analyst, Spark, rates GOOGL as “Outperform” based on strong financials, though tempered by weaker technical momentum and valuation concerns.
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Wedgewood Partners Trims Alphabet Inc. Class A Position
Wedgewood Partners Inc., managed by David Rolfe, has reduced its position in Alphabet Inc. Class A (GOOGL) by selling 43,319 shares. Despite this, Alphabet Class A stock has seen significant gains over the past year and month, with Wall Street maintaining a Strong Buy view and high price targets due to strong Q4 2025 performance and accelerating AI-driven growth. TipRanks’ AI Analyst, Spark, rates GOOGL as “Outperform” based on strong financials, though tempered by weaker technical momentum and valuation concerns.