Alua Capital Management LP, managed by Tom Purcell, recently reduced its stake in Alphabet Inc. Class A (GOOGL) by selling 100,000 shares. This transaction comes as Alphabet Class A shares have seen significant growth over the past year and month, with analysts maintaining a “Strong Buy” rating. TipRanks’ AI Analyst, Spark, rates GOOGL as “Outperform” due to its strong financial quality, though it notes concerns about technical momentum, premium valuation, and future capital intensity.
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Alua Capital Management LP Cuts Alphabet Inc. Class A Stake
Alua Capital Management LP, managed by Tom Purcell, recently reduced its stake in Alphabet Inc. Class A (GOOGL) by selling 100,000 shares. This transaction comes as Alphabet Class A shares have seen significant growth over the past year and month, with analysts maintaining a “Strong Buy” rating. TipRanks’ AI Analyst, Spark, rates GOOGL as “Outperform” due to its strong financial quality, though it notes concerns about technical momentum, premium valuation, and future capital intensity.