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Alphabet Inc. $GOOGL Shares Acquired by Focus Partners Wealth
Focus Partners Wealth significantly increased its stake in Alphabet Inc. (NASDAQ:GOOGL) by 9.2% in the third quarter, making it one of their largest holdings with a value of $594 million. Other institutional investors also bought shares, though company insiders have recently sold over 2 million shares. Analysts generally maintain a “Moderate Buy” rating for Alphabet, with an average price target of $367.18.