Insider Sale: Executive Chair of Amazon (AMZN) Sells 39,538 Shares
From Nasdaq: 2024-11-14 17:21:58
Jeffrey P Bezos, Executive Chair of Amazon, sold 39,538 shares of $AMZN on 11-13-2024, approximately 0.0% of his shares. Amazon insiders have traded the stock 87 times in the past 6 months, with 0 purchases and 87 sales.
Recent trading of $AMZN stock by insiders includes Jeffrey P Bezos selling 25,000,000 shares, Jonathan Rubinstein selling 9,770 shares, and other executives making sales ranging from 5,100 to 51,202 shares. Institutional investors have made significant moves in their portfolios with notable additions and removals of Amazon shares.
Members of Congress have traded $AMZN stock 11 times in the past 6 months, with 9 purchases and 2 sales. The bull case for $AMZN stock highlights projected sales growth and strategic investments, while the bear case raises concerns about declining EBIT and consumer interest in promotional events.
Amazon.com, Inc. (AMZN) is a multinational technology and e-commerce company known for its online marketplace, Amazon Prime subscription service, AWS cloud computing, and other innovations. The stock analysis provides insights into the company’s financial outlook and potential risks for investors to consider.
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