Zhitong
2024.07.16 13:40
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Continuous high-level cashing out! Amazon founder Bezos sells $80.8 million worth of stocks

According to regulatory filings from the Securities and Exchange Commission (SEC) in the United States, on July 11th, Amazon's founder Bezos sold 403,974 shares of the company at a price of $80.80 million, when the company's stock price was near its historical high. The average selling price of these shares was $200.0282. Amazon's historical highest closing price was $200, which occurred on July 2nd and July 5th this year. On July 11th, the stock rose to a high of $200.27 during the trading day. Compared to Bezos's previous transactions earlier this year, this latest transaction is just a drop in the bucket. On July 2nd, he sold 25 million shares for $4.93 billion. In February this year, he also sold 12 million shares for over $2 billion. After these transactions, Bezos still holds over 928 million shares of Amazon, accounting for 10% of the company's shares

According to the financial news app Zhitong Finance, regulatory filings from the U.S. Securities and Exchange Commission (SEC) revealed that on July 11th, Amazon (AMZN.US) founder Bezos sold 403,974 shares of company stock for $80.80 million, when the company's stock price was near its historical high.

The average selling price of these shares was $200.0282. Amazon's historical highest closing prices were $200, which occurred on July 2nd and July 5th this year. On July 11th, the stock rose to a high of $200.27 during the trading day.

Compared to Bezos's previous transactions earlier this year, this latest transaction is relatively small. On July 2nd, he sold 25 million shares for $4.93 billion. In February this year, he also sold 12 million shares for over $2 billion.

After these transactions, Bezos still holds over 928 million shares of Amazon, accounting for 10% of the company's stock