Midwest Trust Co reduced its stake in Alphabet (GOOG) by 7.7%, selling 30,052 shares, though Alphabet remains its 16th largest holding. Concurrently, insiders like CEO Sundar Pichai sold substantial shares, while other institutions such as Norges Bank and Vanguard increased their positions. Despite investor concerns over a large bond sale and high 2026 CapEx guidance, Alphabet beat Q4 earnings expectations, and analysts maintain a consensus “Buy” rating with a target price of $343.90.
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Midwest Trust Co Sells 30,052 Shares of Alphabet Inc. $GOOG
Midwest Trust Co reduced its stake in Alphabet (GOOG) by 7.7%, selling 30,052 shares, though Alphabet remains its 16th largest holding. Concurrently, insiders like CEO Sundar Pichai sold substantial shares, while other institutions such as Norges Bank and Vanguard increased their positions. Despite investor concerns over a large bond sale and high 2026 CapEx guidance, Alphabet beat Q4 earnings expectations, and analysts maintain a consensus “Buy” rating with a target price of $343.90.