Insider Trading February 6, 2026

Alphabet CEO Sundar Pichai Sells $10.9M in Class C Stock; Shares Also Issued and Tax-Related Dispositions Recorded

Insider moves coincide with strong Q4 2025 results, analyst price-target increases and Waymo AI development news

By Maya Rios GOOGL
Alphabet CEO Sundar Pichai Sells $10.9M in Class C Stock; Shares Also Issued and Tax-Related Dispositions Recorded
GOOGL

Alphabet's CEO Sundar Pichai completed a series of equity transactions in early February 2026, including the sale of 27,300 Class C shares for $10.9 million and additional share movements tied to tax obligations and a zero-cost issuance. The moves occur as Alphabet reports robust Q4 2025 performance and several banks lift price targets amid growth in Search and Cloud.

Key Points

  • Sundar Pichai sold 27,300 shares of Class C Capital Stock on February 4, 2026, for $10.9 million, at prices between $330.13 and $343.74.
  • On February 6, Pichai acquired 1,348,607 Class C shares at a recorded value of $0 and disposed of 676,955 shares at $333.34 to cover tax obligations totaling $225.7 million; post-transactions he directly owns 2,851,024 Class C shares and 227,560 Class A shares.
  • Alphabet reported Q4 2025 revenue growth of 18% and EBITDA above forecasts; multiple banks raised price targets (Piper Sandler to $395, BMO Capital to $400, JPMorgan to $395, KeyBanc to $370) while Waymo announced use of DeepMind's Genie 3 for virtual training environments.

Alphabet Inc.'s CEO Sundar Pichai reported multiple share transactions in the first week of February 2026, including a stock sale, an acquisition recorded at no cash value and a separate disposition to satisfy tax obligations.

On February 4, 2026, Pichai sold 27,300 shares of Class C Capital Stock for aggregate proceeds of $10.9 million. The disposals were executed at per-share prices ranging from $330.13 to $343.74, levels that sit close to the stock's 52-week high of $349.

Additional filings show activity on February 6. On that date Pichai was recorded as acquiring 1,348,607 shares of Class C Capital Stock at a reported value of $0. In the same filing, 676,955 shares were disposed of at $333.34 per share to cover tax obligations, bringing the total value of that tax-related disposition to $225.7 million.

After these movements, Pichai's direct holdings include 2,851,024 shares of Class C Capital Stock and 227,560 shares of Class A Common Stock.

Market metrics cited alongside the filings note Alphabet's market capitalization at $3.92 trillion and a price-to-earnings ratio of 29.56. The company is trading slightly above a Fair Value estimate published by a professional Pro research service. In addition, Alphabet is described as having more cash than debt on its balance sheet and carries an overall financial health score labeled "GREAT" by that same research service, which offers comprehensive reports on more than 1,400 U.S. equities.


These insider transactions come amid a string of positive operational and analyst developments for Alphabet. The company reported fourth-quarter 2025 results in which total revenue grew 18%, outpacing expectations set by Piper Sandler. Alphabet's EBITDA also topped forecasts, prompting several analysts to adjust their outlooks.

Piper Sandler raised its price target to $395 and kept an Overweight rating. BMO Capital increased its target to $400, citing a roughly 2% revenue upside driven by stronger-than-expected performance in Search and Cloud. JPMorgan adjusted its price target to $395, noting accelerating growth in those same segments. KeyBanc Capital Markets lifted its target to $370 and highlighted significant increases in capital expenditures to support expansion in Google Services and Google Cloud.

Separately, Alphabet's Waymo division announced it is using DeepMind's Genie 3 artificial intelligence to generate virtual environments for training autonomous driving systems, an effort described as intended to broaden Waymo's self-driving services into additional markets.

Taken together, the insider activity, robust quarterly results and subsequent analyst target increases underscore a period of active capitalization and strategic development across Alphabet's core businesses.

Risks

  • A significant portion of the reported dispositions were explicitly tied to tax obligations, indicating that part of the insider selling was for tax-related funding needs rather than routine portfolio rebalancing - this has implications for short-term share supply dynamics (affects equity markets and investor sentiment).
  • Alphabet's projected near-term performance and elevated price targets depend in part on sustained growth in Search and Cloud; any slowdown in those segments could affect revenue upside cited by analysts (impacts cloud and advertising markets).
  • KeyBanc noted sizable capital expenditure increases to support growth in Google Services and Google Cloud, which introduces execution and capital-deployment risk even as it underpins expansion plans (relevant to capital markets and technology infrastructure spending).

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