Jeff Bezos in monster multi-billion Amazon stock sale

Core Points - Jeff Bezos plans to sell $5.4 billion worth of Amazon shares, specifically 25 million common shares, with the transaction scheduled for June 27, 2025 [1][4][5] - The sale is part of a broader trading strategy that will continue until May 29, 2026, and follows Amazon's first-quarter earnings report showing a 9% revenue growth to $155.7 billion and a profit of $17.1 billion [4][6] - Bezos currently holds approximately 9.6% of Amazon's outstanding shares and has sold over $13 billion worth of stock in 2024 alone to fund various ventures [5][6] Company Performance - Amazon's stock is performing well, remaining above the $200 mark, with a recent increase of 2.85% to $223 [7] - Year-to-date, Amazon's stock has risen approximately 1.4% [7] - Wall Street analysts are optimistic, with an average 12-month price target of $243.24, indicating a potential upside of 12.03% [7]