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Jeff Bezos sells $666 million in Amazon stock as part of plan to unload 25 million shares
CNBC· 2025-07-08 21:14
Jeff Bezos gestures as he leaves Aman Venice hotel, ahead of their expected wedding, in Venice, Italy, June 25, 2025.Amazon founder Jeff Bezos sold nearly 3 million shares worth $665.8 million over two days in July, a regulatory filing Tuesday showed.The stock sale is part of a plan announced earlier this year that will see Bezos unload up to 25 million shares of Amazon through May of 2026.Bezos, who stepped down as Amazon CEO in 2021, sold $736.7 million in stock during the final days of June. He still has ...
Jeff Bezos sells $737 million worth of Amazon shares
CNBC· 2025-07-01 22:15
Amazon founder Jeff Bezos leaves Aman Venice hotel, on the second day of the wedding festivities of Bezos and journalist Lauren Sanchez, in Venice, Italy, June 27, 2025.Amazon founder Jeff Bezos unloaded more than 3.3 million shares of his company in a sale valued at roughly $736.7 million, according to a financial filing on Tuesday.The stock sale is part of a previously arranged trading plan adopted by Bezos in March. Under that arrangement, Bezos plans to sell up to 25 million shares of Amazon over a peri ...
X @Bloomberg
Bloomberg· 2025-07-01 18:28
Sometimes companies can't sell stock directly to the public, but they can sell stock indirectly to the public. (via @opinion) https://t.co/PPj1ay7tyT ...
Jeff Bezos in monster multi-billion Amazon stock sale
Finbold· 2025-06-29 09:50
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]
Jeff Bezos discloses plan to sell up to $4.8 billion in Amazon stock
CNBC· 2025-05-02 16:54
Jeff Bezos, founder and executive chairman of Amazon and owner of The Washington Post, takes the stage during The New York Times' annual DealBook Summit, at Jazz at Lincoln Center in New York City, Dec. 4, 2024.Amazon founder Jeff Bezos plans to sell up to 25 million shares in the company over the next year, according to a financial filing on Friday.Bezos, who stepped down as CEO in 2021 but remains Amazon's top shareholder, is selling the shares as part of a trading plan adopted on March 4, the filing stat ...
Jeff Bezos to sell nearly $5B of Amazon stock
Fox Business· 2025-05-02 16:21
Jeff Bezos will offload up to 25 million Amazon shares, according to a new Securities and Exchange Commission (SEC) filing. Amazon said Friday in its quarterly report filed with the SEC that its billionaire founder adopted a trading plan "intended to satisfy Rule 10b5-1(c)" early last month to part ways with up to that many shares.  The 25 million Amazon shares had a value of over $4.7 billion as of Friday morning. The plan enables Bezos, who founded Amazon more than three decades ago and serves as the comp ...
Tesla board chair Robyn Denholm sells $32M in stock — bringing total sold to more than $150M
New York Post· 2025-04-30 16:49
Tesla board chairwoman Robyn Denholm has sold another massive chunk of stock as the company’s shares get rocked by Elon Musk’s controversial ties with the Trump administration, regulatory filings revealed this week.Denholm, 61, sold 112,390 shares of Tesla worth more than $32 million, according to an SEC filing on Tuesday. Since December, Denholm has sold more than $150 million in stock, according to the electric car news blog Electrek.After the latest sales, Denholm owns about 85,000 shares and has 300,440 ...