13F Shows Soros Fund Management LLC Increased Stake in Alphabet Inc by 271.52K Shares, or +22%, to 1.49M Shares, Valued at $224.98M
Portfolio Pulse from Benzinga Newsdesk
Soros Fund Management LLC has increased its stake in Alphabet Inc by 271.52K shares, a 22% increase, bringing its total to 1.49M shares valued at $224.98M.
May 15, 2024 | 9:10 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Soros Fund Management LLC has increased its stake in Alphabet Inc (GOOG) by 271.52K shares, a 22% increase, bringing its total to 1.49M shares valued at $224.98M.
The significant increase in stake by a prominent investment firm like Soros Fund Management LLC is likely to be seen as a positive signal by the market, potentially driving up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Soros Fund Management LLC has increased its stake in Alphabet Inc (GOOGL) by 271.52K shares, a 22% increase, bringing its total to 1.49M shares valued at $224.98M.
The significant increase in stake by a prominent investment firm like Soros Fund Management LLC is likely to be seen as a positive signal by the market, potentially driving up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100