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Alphabet Inc. $GOOG Stock Holdings Lowered by Community Trust & Investment Co.
Community Trust & Investment Co. has reduced its holdings in Alphabet Inc. (NASDAQ:GOOG) by 2.0% in Q4, selling 7,582 shares and now owning 366,123 shares valued at $114.89 million. While several other institutional investors increased their stakes, insider selling by executives like John Kent Walker and Sundar Pichai has been notable. Despite this, Alphabet maintains a “Buy” consensus rating from analysts, though it faces near-term pressures from a recent legal verdict and chip-market volatility.