Allworth Financial LP Boosts Position in Alphabet Inc. $GOOGL

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Allworth Financial LP increased its stake in Alphabet Inc. (NASDAQ:GOOGL) by 1.7% in the third quarter, bringing its total holdings to 269,379 shares valued at $65.486 million. This move is part of a broader trend of institutional investors adjusting their positions in Alphabet, with other major firms like Vanguard Group Inc. and State Street Corp also increasing their shares. The article also touches upon insider trading activities, recent analyst ratings maintaining a “Moderate Buy” consensus, and the company’s financial performance, including a recent dividend announcement.

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