Alphabet Inc. $GOOGL Shares Purchased by Baillie Gifford & Co.

Baillie Gifford & Co. significantly increased its stake in Alphabet (GOOGL), adding over 1.1 million shares in Q4, bringing their total to 1.9 million shares valued at $596.98 million. This increased holding comes as Alphabet strengthens its AI strategy through a major partnership with Anthropic and analysts raise price targets, leading to a “Moderate Buy” consensus. The company also beat Q4 earnings and revenue estimates, further supporting investor confidence.

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