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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
In a move reflecting growing confidence in mega-cap tech, Apella Capital LLC increased its Alphabet (GOOGL) stake by 36.8% in Q1 2026, bringing total holdings to 51,958 shares worth $14.9 million. The investment follows Alphabet's earnings and revenue beats in the prior quarter, which reinforced analysts' positive outlook on the stock.
GOOGL currently trades below the analyst consensus average price target of $413.13, closing at $353.65 on June 29, 2026 (per market data). By comparison, AAPL closed at $353.65, META at $562.60, and MSFT at $368.57 on the same date, highlighting varied valuations among tech giants. Institutional investors have been increasing exposure to the technology sector, supported by AI-driven growth trends.
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Sign InAt a close of $353.65 (June 29, 2026), the stock remains roughly 14% below the average price target, leaving room for upside if the consensus is realized. The coming weeks may bring catalysts with the start of Q2 earnings season and any regulatory or technological developments related to artificial intelligence. Investors are also watching Fed policy after recent personal spending data signaled economic resilience.