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Insider Trends: Amazon.com Insider Extends 90-Day Selling Trend

05/11/2021 12:50

04:37 PM EDT, 05/11/2021 (MT Newswires) -- Jeffrey P Bezos, 10% Owner, Director and Chairman, CEO and President, sold 351,921 shares of Amazon.com (AMZN) on May 07, 2021, for $1,163,269,106. Subsequent to the Form 4 filing with the SEC, Bezos has 51,379,284 company shares, which have a market value of \\C!OWNERSHIPVALUE as of the prior-day closing price.

In the 90 days previous to the date of this filing, there have been 20 insider transactions reported to the SEC for Amazon.com. These transactions came from the activities of 9 separate insiders that resulted in a net disposition of 754,713 company shares. This compares with the preceding 90-day window of time where there were 26 transactions from 10 insiders which resulted in the net acquisition of 8,284 shares.

This level of insider transactions is below that of the peer group average in the 8-company Internet & Mail Order Department Stores peer group over the last 90-day period. Activity in the peer group averaged 310.3 transactions per company, and disposition of 29,273 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1018724/000112760221016232/xslF345X03/form4.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.