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Fulton Bank N.A. Has $32.86 Million Stock Position in Alphabet Inc. $GOOGL
Fulton Bank N.A. has reduced its stake in Alphabet Inc. (NASDAQ:GOOGL) by 11.7% in the last quarter, now holding 104,983 shares valued at $32.86 million. Despite analyst optimism driven by AI advancements, Alphabet faces near-term challenges including a legal ruling against YouTube, technical weakness, and regulatory pressures. The stock has seen insider selling totaling $118.13 million and has fallen 16% from its highs, though analysts maintain a “Moderate Buy” rating with a consensus target price of $367.18.