Ossiam and other firms boosted their stakes in Alphabet, following its stronger-than-expected earnings.

French investor Ossiam significantly boosted its holdings in Alphabet Inc., increasing its stock position by over 8,900%. Meanwhile, Freedom Investment Management and BI Asset Management also increased their Alphabet shares, despite some analysts downgrading the stock. Alphabet reported a stronger-than-expected $2.15 EPS for the latest quarter. The company's market cap stands at $1.84 trillion, with various insider sales recently.