Lanark Financial 13F: Cuts Alphabet (GOOG) Stake by $983K

On October 26, 2026, Lanark Financial cut its position in Alphabet Inc. (GOOG) by 2,886 shares, now holding 20,640 shares valued at approximately $7,032,924. This reduction represents a 12.3% decrease in their stake in the company, as reported in the fund's latest Form 13F filing with the SEC.

GOOG Alphabet Inc.

$314.19 ▼ -0.16% year to date

1M 3M YTD

Daily close · Oct 26, 2026

Where Alphabet Inc. Fits in Lanark Financial's Portfolio

Lanark Financial's holdings in Alphabet make up 2.57% of its total reported 13F value, ranking 11th among the fund's 2,480 positions.

Other Institutional Activity in Alphabet Inc.

Several other funds also made moves regarding Alphabet recently. Ag2R la Mondiale Gestion D'Actifs boosted its stake by 19,194 shares, holding a total of 221,897 shares valued at about $75.6 million. Tokio Marine Asset Management increased its position by 9,017 shares, bringing their total to 280,031 shares worth approximately $95.4 million. Simon Quick Advisors saw a significant increase as well, adding 72,878 shares to hold 99,512 shares valued at about $33.9 million.

Alphabet Inc. Stock Down 1.0%

Alphabet shares recently traded around $314.19, which is about equal to the closing price on the filing date. The stock is currently below its 50-day and 200-day moving averages by approximately 7.3% and 7.4%, respectively, and is also 22.3% below its 52-week high of $404.47.

Recent Earnings

In its most recent earnings report, Alphabet Inc. posted revenue of $445.87 billion with a net margin of 54.8%. The next earnings report is expected on October 28, 2026.

Dividend

Alphabet Inc. pays an annual dividend of $0.88 per share, which results in a yield of 0.28% based on recent prices.

Insider Buying and Selling at Alphabet Inc.

Several insiders have sold shares recently. Officer Marsida Saraci sold 449 shares at an average price of $333.20, totaling about $149,607 on July 29, 2026. Director Frances H. Ph.D. Arnold sold 82 shares at an average price of $333.39 for about $27,338 on July 30, 2026, and again sold 82 shares at $337.71 for about $27,692 on August 28, 2026.

Analysts Set New Price Targets

Analysts have maintained positive ratings for Alphabet. On October 15, 2026, JP Morgan maintained an Overweight rating with a target of $425.00, while TD Cowen also maintained a Buy rating with a target of $485.00 on October 8, 2026. The consensus recommendation for Alphabet is a strong buy, with a mean price target of $422.36 based on 14 analyst opinions.

About Alphabet Inc.

Alphabet Inc. is a leading technology company that provides a wide range of products and services through its various segments, including Google Services and Google Cloud. The company is known for its popular platforms such as Google Search, YouTube, and Android, serving users globally.

Bottom Line

Investors will be watching for Alphabet's upcoming earnings report on October 28, 2026, for further insights into its performance. Lanark Financial's recent cut in its position reflects a strategic adjustment within its portfolio as market conditions evolve.