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WP Advisors LLC Cuts Stock Holdings in Alphabet Inc. $GOOG
WP Advisors LLC reduced its stake in Alphabet Inc. (NASDAQ:GOOG) by 6.3% in the fourth quarter, selling 7,362 shares and retaining 110,092 shares valued at $34.55 million. Alphabet remains the firm’s second-largest holding, comprising about 8.6% of its portfolio. This reduction comes amid significant insider selling, including by CEO Sundar Pichai, and robust Q1 earnings from Alphabet, which also detailed plans for substantial AI-related capital expenditures that could impact free cash flow.