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Bourne Lent Asset Management Inc. Reduces Stock Holdings in Alphabet Inc. $GOOG
Bourne Lent Asset Management Inc. reduced its holdings in Alphabet Inc. (NASDAQ:GOOG) by 7.1% in the fourth quarter, selling 7,915 shares and now owning 103,717 shares valued at $32.55 million. Despite insider selling, Alphabet’s stock is up 5.0% and institutional investors own 27.26% of the company. Analysts predict further growth, with a consensus “Buy” rating and an average price target of $345.71.