TrillionDollarBreaks – Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) Sees Increased Stake as Key Financial Inc. Acquires 74 Additional Shares

Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) saw a slight increase in institutional ownership as Key Financial Inc. boosted its holdings by acquiring 74 additional shares in the fourth quarter. This brings Key Financial’s total position in the tech giant to 16,712 shares, valued at approximately $3.16 million. The move reflects continued investor confidence in Alphabet’s long-term growth prospects.

As of the latest trading session, Alphabet shares opened at $170.33. The stock has ranged between a 52-week low of $130.66 and a high of $207.05. Alphabet’s market capitalization stands at $2.08 trillion, with a price-to-earnings (P/E) ratio of 21.16 and a beta of 0.99.

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About Alphabet Inc.

Alphabet Inc. is a multinational technology conglomerate and the parent company of Google, overseeing a portfolio of businesses including YouTube, Google Cloud, and Waymo. Founded through Google’s corporate restructuring in 2015, Alphabet continues to lead in digital advertising, artificial intelligence, and cloud computing. The company is headquartered in Mountain View, Calif.

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