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Penn Davis Mcfarland Cuts Alphabet Class A Stake Sharply

2026-04-23 04:31:22

Penn Davis Mcfarland Inc., managed by R. Van Ogden, dramatically reduced its holdings in Alphabet Inc. Class A (GOOGL) by selling 62,804 shares. TipRanks’ AI Analyst, Spark, rates GOOGL as an “Outperform” due to strong financial performance and technical trends, though it notes concerns about premium valuation and near-term margin risks from significant 2026 investments. The stock has a year-to-date price performance of 6.24% and a current market capitalization of $4070.8 billion.

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