Next Story
Newszop

Google CEO Sundar Pichai sells Google stock worth $5.15 million under the 'trading plan' adopted in December 2024

Send Push
Google parent Alphabet Inc Chief Executive Officer Sundar Pichai recently sold approximately $5.15 million worth of company stock. According to a filing with the US Securities and Exchange Commission (SEC) on April 2, 2025, the sales involved Class C Capital Stock and were executed at prices ranging from $157.23 to $159.97 per share. The move comes as Alphabet’s stock hovers near its 52-week low of $147.22, reflecting a roughly 20% decline year-to-date in 2025 amid broader market pressures on the tech sector.

The sales were carried out under a pre-arranged Rule 10b5-1 Trading Plan , which Pichai established on December 2, 2024, allowing corporate insiders to sell shares at predetermined times to avoid accusations of insider trading. Following the transactions, Pichai retains direct ownership of 2,717,696 Alphabet shares. Beyond these holdings, he also possesses 227,560 shares of Class A Common Stock and 224,169 Class C Google Stock Units, which will convert to Class C shares upon vesting.

Google 'stock trading plan' to run through April 2026
According to Google's end-of-year regulatory filings with the Securities and Exchange Commission in February 2025, CEO Sundar Pichai, and the Pichai Family Foundation, adopted a trading plan late last year to sell 876,000 class C shares. The first transaction as per the filing is set for April 2, and the plan is set to run through April 18, 2026. The Pichai Family Foundation, controlled by Pichai and his wife Anjali, owned 811,275 class C Alphabet shares as of December 2.


Analysts upbeat on Google stock
Despite the stock’s lackluster performance this year, analysts are upbeat on Google stock. An analysis from InvestingPro assigns the company a "GREAT" financial health score, highlighting its resilience even as macroeconomic challenges weigh on tech valuations. With a market capitalization of $1.79 trillion, Google remains a titan in the industry, bolstered by its dominance in search, cloud computing, and artificial intelligence innovation.

Wall Street analysts, as per the InvestingPro report, remain optimistic about Google's future, setting price targets between $167 and $240 per share, suggesting potential upside from its current trading levels. The company’s strategic investments in AI and its vast ecosystem of products continue to fuel bullish sentiment, even as it navigates a competitive landscape and regulatory scrutiny worldwide.
Loving Newspoint? Download the app now