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Rathbones Group PLC Reduces Alphabet Holdings

Alphabet (Google) logoAlphabet (Google)
Sig0.95Sen+0.25Env0.00Soc0.00Gov-0.15
Rathbones Group logoRathbones Group
Sig1.20Sen+0.80Env0.00Soc0.00Gov0.00

Rathbones Group PLC’s position in Alphabet comes alongside reported trading by other hedge funds. Towne Trust Company N.A. increased its stake, while Gv and insiders, including John Kent Walker, sold shares at an average $349.29. Insiders sold 600,547 shares over the quarter. Alphabet also disclosed a $0.22 quarterly dividend and analysts reiterated buy ratings.

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