Provident Trust Co Cuts Alphabet Class A Stake Sharply

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Provident Trust Co, managed by J Scott Harkness, significantly reduced its stake in Alphabet Inc. Class A (GOOGL) by selling 425,987 shares. TipRanks’ AI Analyst, Spark, rates GOOGL as “Outperform” due to strong financial performance and favorable technical trends, despite concerns over premium valuation and near-term margin risks from substantial 2026 investments and rising expenses. Alphabet Inc. Class A has shown a YTD price performance of 12.01% with a current market capitalization of $4154.9B.

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