Penn Davis Mcfarland trims Alphabet Class C stake

Penn Davis Mcfarland Inc., managed by R. Van Ogden, has reduced its stake in Alphabet Inc. Class C (GOOG) by selling 30,639 shares. TipRanks’ AI Analyst, Spark, rates GOOG as “Outperform,” citing strong financial performance but noting tempered enthusiasm due to premium valuation and potential near-term cash flow pressure from a large 2026 CapEx ramp. The stock has seen a 5.39% YTD price performance and has a current market cap of $4070.8 billion.

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