Bezos Sells Millions in Amazon.com, Inc. (AMZN) Under Trading Plan

Amazon.com, Inc. (NASDAQ:AMZN) is among the 11 best places to invest money without risk. According to the Securities and Exchange Commission filing on Tuesday, Jeff Bezos, the founder and chairman of Amazon.com, Inc. (NASDAQ:AMZN), sold 3.3 million shares worth around $737 million in the company last week.

This transaction is part of a 10b5-1 trading plan adopted at the start of the year. A filing on Friday demonstrated that Bezos marked for sale nearly 25 million Amazon shares for $5.4 billion. Tuesday’s filing showed that the company’s founder owns approximately 905.4 million shares in Amazon.com, Inc. (NASDAQ:AMZN).

This isn’t something new. Bezos has frequently engaged in transactions like this, having offloaded shares worth $5 billion through 2024 as the stock reached record highs. Just recently, analysts at Truist raised their price target for Amazon.com, Inc. (NASDAQ:AMZN) to $250 from $226, with an unchanged Buy rating, citing a potential guidance raise for the third quarter. The firm made the following comment:

“We expect AMZN to report stronger than expected 2Q25 results driven by a resilient NA consumer virtually unaffected by the macro or tariffs so far, and by favorable FX on a weakening US$.”

Amazon.com, Inc. (NASDAQ:AMZN) is a Washington-based e-commerce giant engaging in the retail sale of consumer products, advertising, and subscription services via online and physical stores across North America and the globe. Incorporated in 1994, the company aims to be the world’s most customer-focused company.

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