E. Ohman J or Asset Management AB Lowers Position in Alphabet Inc. $GOOGL

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E. Ohman J or Asset Management AB reduced its stake in Alphabet Inc. (NASDAQ:GOOGL) by 15.4% in Q4, selling 165,718 shares and retaining 913,060 shares valued at $285.8 million, making it their third-largest holding. Despite this reduction, analyst sentiment for Alphabet remains largely positive with a “Moderate Buy” consensus and several price target increases. The company’s fundamentals are strong, evidenced by beating Q4 earnings and revenue estimates and a quarterly dividend, though the stock has faced recent pullbacks due to legal challenges and broader tech sector selling pressure.

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