Alphabet Inc. (NASDAQ:GOOG) Shares Sold by Sather Financial Group Inc

Sather Financial Group Inc. has sold all of its shares in Alphabet Inc. (NASDAQ: GOOG)

Sather Financial Group Inc. has sold all of its shares in Alphabet Inc. (NASDAQ: GOOG), the parent company of Google. The sale was made on Monday, May 16, 2023, and was part of Sather's ongoing portfolio rebalancing process.

Sather is a privately held investment management firm based in San Francisco, California. The firm manages over $10 billion in assets for a variety of clients, including individuals, families, and institutions.

Alphabet is one of the world's largest companies and is a leader in the technology industry. The company's products and services include Google Search, YouTube, Android, and Gmail. Alphabet has a market capitalization of over $1 trillion.

Sather's sale of Alphabet shares is a sign of the changing investment landscape

Sather's sale of Alphabet shares is a sign of the changing investment landscape. In recent years, there has been a growing trend towards investing in companies that are focused on environmental, social, and governance (ESG) issues.

Alphabet has been criticized for its environmental practices, its handling of user data, and its role in the spread of misinformation. Sather's sale of Alphabet shares may be a sign that investors are increasingly looking for companies that are committed to ESG issues.

The sale of Alphabet shares is not a reflection of Sather's view of the company's future prospects

Sather's sale of Alphabet shares is not a reflection of Sather's view of the company's future prospects. Sather believes that Alphabet is a well-managed company with a strong track record of innovation.

However, Sather's investment strategy is based on a long-term horizon, and the firm believes that there are other companies that offer a more attractive investment opportunity at this time.

Sather Financial Group Inc. is a privately held investment management firm based in San Francisco, California

Sather Financial Group Inc. is a privately held investment management firm based in San Francisco, California. The firm manages over $10 billion in assets for a variety of clients, including individuals, families, and institutions.

Sather's investment philosophy is based on a long-term horizon and a focus on ESG issues. The firm believes that investing in companies that are committed to ESG issues can lead to superior long-term returns.