Lanark Financial 13F: Cuts Alphabet (GOOGL) Stake by $2.5M
Key Points
- Lanark Financial's stake in Alphabet Inc. now stands at 49,260 shares, down from 56,564 shares, reflecting a 12.9% decrease.
- The fund's reported value in Alphabet is about $16.9 million, which is 6.2% of its total 13F portfolio of $273.3 million.
- Alphabet Inc. has a recent share price of $316.89, significantly below its mean price target of $429.12, indicating potential for future growth.
Get Alphabet text alerts
We text you when insiders, Congress, analysts or big funds move on $GOOGL.
By entering your mobile number and tapping the sign-up button, you provide express written consent to receive recurring automated text messages from TradeTexts at that number, including stock alerts about SEC filings, insider and congress trades, analyst ratings, hedge fund moves, and earnings results. Consent is not a condition of any purchase. Message frequency varies. Messages are not investment advice. Message and data rates may apply. Reply HELP for help and STOP to opt out at any time. See our Terms and Privacy Policy.
Not investment advice. TradeTexts is not a registered investment adviser, and this automated Alphabet Inc. alert may contain errors. Disclosures
Lanark Financial cut its stake in Alphabet Inc. (GOOGL) by 7,304 shares in a filing on October 26, 2026. The fund's total holdings in the tech giant now stand at 49,260 shares, valued at approximately $16.9 million.
GOOGL
Alphabet Inc.
Where Alphabet Inc. Fits in Lanark Financial's Portfolio
This position represents 6.2% of Lanark Financial's total reported 13F portfolio, ranking fourth among its 2,480 reported holdings.
Other Institutional Activity in Alphabet Inc.
On the same day, Gf Fund Management increased its Alphabet stake by 20,564 shares, bringing its total to 451,041 shares worth about $155.2 million. Tokio Marine Asset Management also boosted its holdings by 14,266 shares, totaling 326,643 shares valued at approximately $112.4 million. Meanwhile, Marathon Asset Management reduced its stake by 71,470 shares, ending with 230,842 shares valued at about $79.4 million.
Alphabet Inc. Stock Down 1.0%
As of October 27, 2026, Alphabet shares recently traded around $316.89, which is about 1.0% below the closing price of $320.21 on October 23, 2026. The stock is also significantly below its 50-day moving average of $342.36 and its 200-day moving average of $341.27.
Recent Earnings
Alphabet reported a trailing twelve-month revenue of approximately $445.9 billion, with an impressive year-over-year revenue growth of 24.2%. The next earnings report is scheduled for October 28, 2026.
Dividend
Alphabet pays an annual dividend of $0.88 per share, which translates to a yield of 0.28% based on recent trading prices.
Insider Buying and Selling at Alphabet Inc.
Several insiders, including Director Kavitark Ram Shriram, sold shares earlier this year, with notable transactions occurring on July 18 and August 15, 2025. These transactions involved 33,566 and 26,000 shares, valued at approximately $6.2 million and $5.3 million, respectively.
Analysts Set New Price Targets
On October 14, 2026, UBS maintained a Neutral rating on Alphabet with a price target of $380. On October 15, JP Morgan also maintained an Overweight rating with a target of $425. Keybanc followed suit on October 19, maintaining its Overweight rating with a target of $410.
About Alphabet Inc.
Alphabet Inc. is the parent company of Google and offers a variety of products and services across different sectors, including search, advertising, and cloud computing. The company is known for its strong revenue growth and significant market presence in the tech industry.
Bottom Line
Investors should watch for Alphabet's upcoming earnings report on October 28, 2026, to gauge its financial health. Additionally, Lanark Financial's recent position cut reflects ongoing adjustments in its investment strategy, as many other funds also adjusted their stakes around the same time.
Related Filing Alerts
Source: Lanark Financial's 13F filing on $GOOGL (Oct 26, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts