As of right now, Bezos holds 976 million shares in the business.
The average sale price was $170.21 per share. Quotes were at $174.45 at Friday’s closing.
This is Bezos’ first sale of Amazon stock in more than two years. Prior to that, in November 2021, he had already sold securities for roughly $172.7, accounting for the split that occurred in June 2022.
Amazon’s capitalization now surpasses $1.8 trillion with growth of 22% over the last three months and 75% over the last twelve. 16% and 36.5% more have been added to the Nasdaq Composite stock index, respectively.
source: wsj.com
