Bezos, Dimon and Zuckerberg: Together they sold shares worth over $9 billion

Der große Aktienverkauf birgt die Gefahr, dem Markt anzuzeigen, dass die Amazon, JPMorgan und Meta-Aktien voll bewertet sind. © Canva
Bezos, Dimon and Zuckerberg: Together they sold shares worth around $9 billion. © Canva
Startup Interviewer: Gib uns dein erstes AI Interview Startup Interviewer: Gib uns dein erstes AI Interview

Amazon founder Jeff Bezos and CEOs Jamie Dimon of JPMorgan and Mark Zuckerberg of Meta have recently sold shares in their respective companies. What is now being discussed is whether this gives reason to believe that the markets would not rise much higher. At the same time, the sales were planned for the long term and all three companies are trading near record highs on the stock market. 

These are the tech trends for 2024

Risk: A worrying message to the markets

Executives sell stocks all the time and for many reasons. Be it because they want to diversify their portfolio, have a large tax bill coming up, for estate planning purposes or simply to cover personal expenses. Still, it’s striking that three of the most prominent leaders in technology and finance have just divested huge amounts of money. 

Bezos is leading the divestment race, having sold 50 million Amazon shares in just nine days in February, raising an estimated $8.5 billion, according to Business Insider. Zuckerberg redeemed nearly 1.8 million Meta shares for over $400 million at the end of 2023. Now Dimon from JPMorgan has also joined in and sold 822,000 shares for around $150 million.

What is particularly noteworthy is that the latter has never sold shares in his company in his 18 years as CEO. Selling large portions of your own shares could send a worrying message to the markets. The three executives are aware of the message that such a large divestment sends to the market in general and to shareholders.

Google Gemini vs. ChatGPT Plus vs. Microsoft Copilot

Amazon, JPMorgan, and Meta are trading near record highs

All sales are said to have taken place as part of regular trading plans known months in advance. The sale was no surprise for investors. However, it is possible that the record high share values ​​of the three companies were reason enough to sell shares and thus bring in fresh money. The Meta share rose by 186 percent in the previous year, JPMorgan by almost 30 percent and Amazon was able to achieve an increase of almost 90 percent.

While the sales of Bezos, Zuckerberg, and Dimon certainly deserve attention, it should be added that they represent only a small portion of their total holdings. This means that the three are still strongly tied to the success of their respective companies. New shares have not yet been purchased for portfolio diversification, which could indicate that the money is being reinvested in their own companies.


Specials from our Partners

Top Posts from our Network

Powered by This price ticker contains affiliate links to Bitpanda.

Deep Dives

Europe's Top Unicorn Investments 2023

The full list of companies that reached a valuation of € 1B+ this year
© Behnam Norouzi on Unsplash

Crypto Investment Tracker 2022

The biggest deals in the industry, ranked by Trending Topics
ThisisEngineering RAEng on Unsplash

Technology explained

Powered by PwC
© addendum

Inside the Blockchain

Die revolutionäre Technologie von Experten erklärt

Podcast: Mit den smartesten Köpfen im Gespräch

Der Podcast von Trending Topics
© Shannon Rowies on Unsplash

We ❤️ Founders

Die spannendsten Persönlichkeiten der Startup-Szene
Tokio bei Nacht und Regen. © Unsplash

🤖Big in Japan🤖

Startups - Robots - Entrepreneurs - Tech - Trends

Continue Reading