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Alphabet (GOOG) Shares Hit Record High as CEO Pichai Sells $10.4 Million Stake

Alphabet (GOOG) Shares Hit Record High as CEO Pichai Sells $10.4 Million Stake

Author:

Global Cryptocurrency

Published:

2026-01-09 11:26:03

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Alphabet Inc.'s Class C shares surged to an all-time high of $329.58 on January 8, 2026, capping a 65% annual gain. The rally comes amid accelerating momentum, with the stock climbing 84% over the past six months alone. CEO Sundar Pichai capitalized on the rally, selling 22,411 shares worth $10.4 million through prearranged transactions.

The tech giant's market capitalization now stands at $3.89 trillion, supported by $385.48 billion in annual revenue. Analysts remain bullish, with Canaccord Genuity raising its price target to $390, citing Alphabet's leadership in AI development. The company continues to expand its infrastructure capabilities, announcing a $4.75 billion acquisition of data center specialist Intersect.

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