Alphabet Investors See $400 Price Target Amid AI Momentum

Financial Solutions Advisory Group Inc. has acquired shares of Alphabet Inc., purchasing 2,137 shares valued at approximately $614,000 in its most recent 13F filing with the Securities and Exchange Commission.

The institutional investor bought a new position in shares of Alphabet during the first quarter, according to the company's latest filing. This is not an isolated event, as several other hedge funds have made changes to their positions in GOOGL recently.

Vanguard Group Inc., for example, grew its holdings in shares of Alphabet by 2.4% during the fourth quarter and now owns 528,969,322 shares worth $165,567,398,000 after purchasing an additional 12,531,695 shares in the last quarter.