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Legacy Private Trust Co. Sells 3,617 Shares of Alphabet Inc. $GOOGL
Legacy Private Trust Co. recently decreased its stake in Alphabet Inc. ($GOOGL) by 2.9%, selling 3,617 shares while retaining a substantial holding valued at $37.8 million. Despite this trimming, Alphabet remains the firm’s seventh-largest holding, comprising 2.2% of its portfolio. The article also highlights strong analyst optimism for Alphabet, with a “Moderate Buy” consensus and a target price of $367.18, alongside some insider selling and risk factors like legal exposure and high capital expenditure.