Assetmark trimmed Alphabet stake 2.4% to $810M; Berkshire Hathaway and Capital World Investors increased stakes. Analysts' target is $369.67, with AI and Gemini catalysts driving growth attention.Abstract: The note reports institutional moves in Alphabet (GOOGL) during the fourth quarter. Assetmark reduced its stake by 2.4% to approximately $810 million, while major investors including Berkshire Hathaway and Capital World Investors expanded their holdings. Analysts’ average price target stands at $369.67, with artificial intelligence initiatives and the Gemini project highlighted as primary catalysts for Alphabet’s growth and investor interest.

NodeGuardian

2026-05-02 12:10:23

Abstract generation in progress

Assetmark Inc. reduced its stake in Alphabet (NASDAQ:GOOGL) by 2.4% in the fourth quarter, still holding shares worth $809.85 million. Despite this, other major institutional investors like Berkshire Hathaway and Capital World Investors increased their positions significantly. Analysts maintain an average price target of $369.67, with AI and Gemini catalysts driving market attention for Alphabet’s growth.

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Assetmark Inc. Has $809.85 Million Stake in Alphabet Inc. $GOOGL

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