Robert Bender & Associates trims Alphabet Class C stake

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Robert Bender & Associates, a hedge fund managed by Robert L. Bender, has reduced its stake in Alphabet Inc. Class C (GOOG) by 3,262 shares. TipRanks’ AI Analyst, Spark, rates GOOG as “Outperform” due to strong financial performance and a supportive technical trend, though it notes concerns about premium valuation and future CapEx. GOOG’s year-to-date price performance is 7.71% with a current market cap of $4093.4 billion.

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