Global X Japan Co. Ltd. Buys 78,581 Shares of Alphabet Inc. $GOOG

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Global X Japan Co. Ltd. significantly increased its stake in Alphabet Inc. (NASDAQ:GOOG) during the fourth quarter, buying 78,581 shares to bring its total holdings to 108,019 shares valued at $33.896 million. Alphabet constitutes 2.6% of the fund’s portfolio and is its 10th largest holding. Despite recent insider selling, analysts maintain a “Buy” consensus rating with a $345.71 price target, bullish on Alphabet’s strong Q4 earnings, rising revenue, and advancements in AI technology.

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