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Market signals say Jeff Bezos offloading Amazon stock

Vixen

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"Jeff Bezos just offloaded another $108 million worth of Amazon stock. This comes just two days after selling $665 million." is the buzz. This comes after a poor Prime day sale, others say, his expensive wedding, yet others he's planning to buy TikTok. Or maybe, people just don't dig his buddying up to Trump.

 
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Not sure what you mean by "market signals" he sold stock, as insiders like Bezos are required to file notice with the SEC when they buy or sell stock, but this was part of a planned sale of 25 million of Bezo's 900 million shares.

According to the Securities and Exchange Commission filing on Tuesday, Jeff Bezos, the founder and chairman of Amazon.com, Inc. (NASDAQ:AMZN), sold 3.3 million shares worth around $737 million in the company last week. This transaction is part of a 10b5-1 trading plan adopted at the start of the year. A filing on Friday demonstrated that Bezos marked for sale nearly 25 million Amazon shares for $5.4 billion.
 

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