Davidson Kahn Capital Management LLC Reduces Stock Position in Alphabet Inc. $GOOGL

Davidson Kahn Capital Management LLC decreased its stake in Alphabet Inc. (NASDAQ:GOOGL) by 11.1% in the fourth quarter, selling 3,300 shares and retaining 26,375 shares valued at approximately $8.26 million. Despite this reduction, Alphabet reported strong quarterly financial results, beating EPS and revenue expectations, and also increased its quarterly dividend. Analysts maintain a “Moderate Buy” consensus rating with an average target price of $407.86, driven by ongoing AI-powered growth initiatives, though the company faces continued regulatory scrutiny.

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