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Investing.com-- Amazon.com Inc (NASDAQ:AMZN) founder and Chair Jeff Bezos sold nearly $737 million shares in the company last week, a filing with the Securities and Exchange Commission showed on Tuesday.
Bezos sold about 3.3 million shares for $736.7 million, as part of a 10b5-1 trading plan adopted earlier this year.
A filing on Friday showed Bezos planned to sell about 25 million Amazon shares for $5.4 billion. Tuesday’s filing showed the Amazon founder held about 905.4 million shares in the e-commerce giant.
Bezos has been steadily selling shares in Amazon over the past year, having offloaded $5 billion worth of shares through 2024 as Amazon’s shares hit record highs.
But Amazon’s stock price has somewhat struggled this year, amid heightened concerns over trade disruptions stemming from President Donald Trump’s trade tariffs. The stock is trading flat so far in 2025.
Bezos married journalist Lauren Sanchez on Friday evening during a three-day gala in Venice.