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Manitou Investment Management Trims Alphabet Class A Stake
Manitou Investment Management Ltd., led by Alanna Marshall, reduced its stake in Alphabet Inc. Class A (GOOGL) by 45,961 shares. TipRanks’ AI Analyst, Spark, rates GOOGL as “Outperform” due to strong financial performance and technical trends, though it notes concerns about premium valuation and potential margin risks from future investments. Alphabet’s YTD price performance is 7.78%, with a current market cap of $4063.7 billion.