Insiders at the Magnificent Seven tech companies, including high-profile executives like Jeff Bezos and Mark Zuckerberg, have significantly increased their stock sales, collectively earning over $160 million since late 2023. This surge in insider selling, the first of its magnitude in up to nine years, coincides with the stocks reaching record highs. Notably, Bezos alone sold $8.5 billion worth of Amazon stock. The trend reflects a broader pattern where insiders are realizing gains from the stocks that have driven the boom in US equity markets.
Investors have trashed the media giant’s stock, but through the lens of one of Warren Buffett’s favored metrics the baby might have gotten thrown out with the bathwater. https://t.co/U7O5LbjbfO
🇺🇸 Amazon founder Bezos unloads $8.5B in stock to lead Magnificent Seven https://t.co/27aSAaOU9d
Stan Druckenmiller, Warren Buffett and a slew of corporate insiders have been selling Magnificent 7 stocks. It’s not as scary as it seems, @jonathanjlevin says https://t.co/4YjAMZSu9s
Magnificent 7 Insider Sales this year excluding Zuckerberg $META and Bezos $AMZN https://t.co/Bp3UKc65fX
The Magnificent Selling... Almost a dozen executives and directors significantly increased their share sales recently, earning over $160M since late 2023 This marks the first time in up to 9 years that these individuals have reduced their positions https://t.co/mSjfvF2v4k
Insiders at the Magnificent Seven tech companies are following #JeffBezos and #MarkZuckerberg in realizing gains from the stocks that have largely powered the boom in #US equity markets. https://t.co/MhWixnWU1d
Here are some of the executives at Magnificent 7 names who have recently sold shares via Bloomberg ⬇️ https://t.co/ZdSA1qihMV
Insiders at the so Magnificent Seven tech companies are selling stock for the first time in years as shares surge to record highs. https://t.co/69B5a3Jc1F