Over the past two weeks, several top executives and founders have sold significant stakes in their companies, signaling potential profit-taking amid rising stock valuations in the tech sector.
Here’s a breakdown of the most notable insider stock sales:
Major Insider Stock Sales (Last 2 Weeks)
| Insider | Company | Value of Sale (\$Mn) |
|---|---|---|
| Jeff Bezos | Amazon (AMZN) | $736M |
| Michael Dell | Dell Technologies (DELL) | 1,222M |
| Safra Catz | Oracle (ORCL) | $1,060M |
| Brian Armstrong | Coinbase (COIN) | $170M |
| Henri Samueli | Broadcom (AVGO) | $125M |
| Frank Slootman | Snowflake (SNOW) | $272M |
What This Means
- Michael Dell’s $1.2 billion sale leads the chart, following strong earnings and a robust rally in Dell shares.
- Safra Catz, CEO of Oracle, sold over $1 billion, coinciding with Oracle’s recent $30B cloud contract buzz and strong stock performance.
- Jeff Bezos, Amazon founder, continues trimming his stake as AMZN nears all-time highs.
- Coinbase CEO Brian Armstrong and Snowflake’s Frank Slootman also capitalized on recent rallies, suggesting insiders may be locking in gains after strong Q2 performances.
