Amazon's Bezos Sold More Than $2B in Stock This Week

seekingalpha02-10

Amazon Executive Chair Jeff Bezos sold more than $2 billion in shares this week.Bezos sold about 12 million shares at prices of around $170 a share in five share sales on Wednesday and Thursday, ...

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Comments

SudTradepro
02-11
SudTradepro
Not a Good sogn. NASDAQ is stretched and beyond actual valuations. A big correction has to happen for sustaining
Ranaji
02-10
Ranaji
But why is he selling those shares? Wats brewing!!
Joeljp
02-10
Joeljp
Not a big concern as he still holds 976 millions in shares.
Merdeka1981
02-10
Merdeka1981
He's richer than some smaller countries.

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Bezos sold about 12 million shares at prices of around $170 a share in five share sales on Wednesday and ","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AMZN":"亚马逊"},"translate_title":"亚马逊的贝佐斯本周卖出了20多亿美元的股票","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMZN":1},"content_text":"Amazon Executive Chair Jeff Bezos sold more than $2 billion in shares this week.Bezos sold about 12 million shares at prices of around $170 a share in five share sales on Wednesday and Thursday, according to a regulatory filing on Friday.Bezos still owns about 976 million shares of Amazon (AMZN).The disclosure comes after Bezos earlier this month adopted a plan that would let him sell as many as 50 million shares before early next year, or about $8.6 billion in stock.The plan, made public in Amazon's 2023 annual report, was adopted on Nov. 8, 2023 as part of the SEC's rule 10b5-1(c) to sell up to 50 million shares over a period of time before Jan. 31, 2025, subject to certain conditions. Bezos, who co-founded Amazon in 1994, owned roughly 10% of the company, or approximately 990 million shares, before the share sales disclosed on Friday.Before this week Bezos had not sold any Amazon (AMZN) shares since 2021, however he did buy a single share on May 25, 2023.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[{"id":272686348370216,"gmtCreate":1707611766957,"gmtModify":1707611770987,"author":{"id":"3574923825314211","authorId":"3574923825314211","name":"SudTradepro","avatar":"https://community-static.tradeup.com/news/9e0fa136da88290ea3b9970d5c2d6551","vip":1,"crmLevel":8,"crmLevelSwitch":1,"idStr":"3574923825314211","authorIdStr":"3574923825314211"},"htmlText":"Not a Good sogn. NASDAQ is stretched and beyond actual valuations. A big correction has to happen for sustaining&nbsp;","listText":"Not a Good sogn. NASDAQ is stretched and beyond actual valuations. A big correction has to happen for sustaining&nbsp;","text":"Not a Good sogn. NASDAQ is stretched and beyond actual valuations. A big correction has to happen for sustaining","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/272686348370216","repostId":2410011131,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":272500822093984,"gmtCreate":1707566313497,"gmtModify":1707572256218,"author":{"id":"4168504506442452","authorId":"4168504506442452","name":"Ranaji","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"4168504506442452","authorIdStr":"4168504506442452"},"htmlText":"But why is he selling&nbsp;those shares? Wats brewing!!","listText":"But why is he selling&nbsp;those shares? Wats brewing!!","text":"But why is he selling those shares? Wats brewing!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/272500822093984","repostId":2410011131,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":272405391614032,"gmtCreate":1707543101139,"gmtModify":1707543105724,"author":{"id":"3586927429503803","authorId":"3586927429503803","name":"Joeljp","avatar":"https://community-static.tradeup.com/news/18d0388810d935ce3f000f064bb868d6","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":5,"crmLevelSwitch":1,"idStr":"3586927429503803","authorIdStr":"3586927429503803"},"htmlText":"Not a big concern as he still holds 976 millions in shares.","listText":"Not a big concern as he still holds 976 millions in shares.","text":"Not a big concern as he still holds 976 millions in shares.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/272405391614032","repostId":2410011131,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":272399058927680,"gmtCreate":1707541607630,"gmtModify":1707541611567,"author":{"id":"4102568791638160","authorId":"4102568791638160","name":"Merdeka1981","avatar":"https://community-static.tradeup.com/news/370fc16a4d1090b47fe92034808ebbdd","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":6,"crmLevelSwitch":0,"idStr":"4102568791638160","authorIdStr":"4102568791638160"},"htmlText":"He's richer than some smaller countries.","listText":"He's richer than some smaller countries.","text":"He's richer than some smaller countries.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/272399058927680","repostId":2410011131,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":12,"commentSize":4,"repostSize":3,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2410011131"}