First Eagle Investment Trims Alphabet Inc. Class A Stake

2026-02-06 23:41:53

First Eagle Investment Management LLC, headed by Jean Marie Eveillard, has reduced its stake in Alphabet Inc. Class A (GOOGL) by 1,540,899 shares. Despite this trim, Alphabet shares have seen strong performance recently, gaining 6-9% in the last month and 66-78% over the past year, with Wall Street analysts maintaining a StrongBuy consensus due to strong financial results and demand for AI-driven services. TipRanks’ AI Analyst, Spark, rates GOOGL as “Outperform,” noting strong financials and technical uptrend, but also highlighting risks from premium valuation and increased 2026 investment plans.

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