New Millennium Group LLC Buys 10,857 Shares of Alphabet Inc. $GOOGL

New Millennium Group LLC increased its stake in Alphabet Inc. (NASDAQ:GOOGL) by 27.1% in the third quarter, purchasing an additional 10,857 shares, bringing their total holdings to 50,942 shares valued at approximately $12.38 million. This makes Alphabet their fourth-largest holding, representing 5.7% of their investment portfolio. The news comes after Alphabet reported strong earnings, beating analyst expectations for both EPS and revenue, leading to increased price targets and a “Moderate Buy” consensus from analysts despite some near-term risks.