Google (GOOG) Stock: CEO Sells $10 Million as Shares Hit All-Time High

TLDR

• Google (GOOG) stock reached an all-time high of $329.58 on January 8, 2026
• The stock has surged 65.02% over the past year and 84.36% over the past six months
• CEO Sundar Pichai sold 22,411 shares worth $10.4 million on January 7, 2026
• Alphabet announced a $4.75 billion acquisition of Intersect for data center infrastructure
• Canaccord Genuity raised its price target for Alphabet to $390 citing AI development

---

Google stock touched a new all-time high of $329.58 on January 8, 2026. The Class C shares of Alphabet Inc have climbed 65.02% over the past year.

Alphabet Inc., GOOGL

The record comes one day after CEO Sundar Pichai sold 22,411 shares of the company. According to SEC filings, the transactions occurred on January 7 at prices between $315.39 and $326.05.

The sales totaled $10.4 million. After the transactions, Pichai directly owns 2,244,372 shares of Class C stock and 227,560 shares of Class A Common Stock.

The stock’s momentum has accelerated recently. Shares gained 84.36% over the past six months alone.

Alphabet’s market capitalization now stands at $3.89 trillion. The company generated revenue of $385.48 billion.

The stock currently trades at a P/E ratio of 32.05. InvestingPro rates Alphabet’s financial health as “GREAT.”

Alphabet Expands Infrastructure

Alphabet announced plans to acquire Intersect for $4.75 billion. The deal targets data center and energy infrastructure solutions to boost power generation capacity.

The acquisition comes as the company ramps up AI development. Canaccord Genuity raised its price target for Alphabet to $390, citing accelerating AI progress.

The firm maintained its Buy rating on the stock. Analysts pointed to Google’s competitive position in artificial intelligence.

Alphabet rolled out new Gemini AI features for Gmail. The tools help users manage inboxes by summarizing conversations and answering questions in natural language.

Analyst Upgrades Continue

Cantor Fitzgerald upgraded Alphabet from Neutral to Overweight. The firm cited the company’s leadership in AI and growth of the Gemini app.

Jefferies raised its price target to $365. The analyst firm emphasized Alphabet’s AI capabilities and user base.

InvestingPro offers 16 additional tips for Alphabet. The platform covers over 1,400 US equities with detailed research reports.

The stock trades slightly above its Fair Value estimate according to InvestingPro’s model. The shares hit a 52-week high of $330.32.

Alphabet operates in the Interactive Media & Services industry. The company continues expanding across multiple sectors beyond search and advertising.

The post Google (GOOG) Stock: CEO Sells $10 Million as Shares Hit All-Time High appeared first on CoinCentral.