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Insider Trends: 90-Day Insider Selling Trend Prolonged at Amazon.com

05/11/2021 13:03

04:49 PM EDT, 05/11/2021 (MT Newswires) -- Jeffrey P Bezos, 10% Owner, Director and Chairman, CEO and President, on May 07, 2021, sold 77,875 shares in Amazon.com (AMZN) for $251,589,499. Subsequent to the Form 4 filing with the SEC, Bezos owns 51,301,409 shares of the company, with a market value, based on the prior-day closing price, of \\C!OWNERSHIPVALUE.

Over the last 90 days, previous to the date of this filing, there have been 21 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 1,106,634 company shares. In the preceding 90-day window of time, there were 26 transactions from 10 insiders and resulted in the net acquisition of 8,284 shares.

This is a lower level of transactions than the peer group average in the 8-company Internet & Mail Order Department Stores peer group over the last 90-day period. Peer group activity averaged 310.4 transactions per company, and disposition of 34,772 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1018724/000112760221016245/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.