Monday, February 26, 2018

Amazon CEO Jeff Bezos is systematically unloading his AMZN holdings

I thought this was pretty interesting...since 2006, Jeff Bezos has been systematically selling Amazon common stock into the open market. It seems to be mostly in accordance with his 10b5-1 trading plan, as I can see by looking at a random sample of the massive amount of form 4's filed since 2006, but to me it was interesting nonetheless.

Here is a chart of Amazon's TTM revenue since 2005, and his common stock holdings over a similar period.

In contrast, Senior Vice President Jeff Blackburn has been systematically exercising his options to buy and converting restricted stock units into common stock, increasing his holdings five-fold over a similar period.

Keep in mind that AMZN stock has risen meteorically since 2006, so the overall holdings in monetary value of Bezos and Blackburn have increased dramatically, but still ... any thoughts on what this might mean, if anything? Could it signify that Blackburn has more faith in the future of the company than Bezos himself?


Source: LazyFA




Submitted February 26, 2018 at 07:25PM by ghostofgbt http://ift.tt/2osqTQi

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