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Bezos, Zuckerberg lead magnificent seven insider stock sales

Ben Stupples

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Insiders at the magnificent seven tech companies are following Jeff Bezos and Mark Zuckerberg in realising gains from the stocks that have largely powered the boom in US equity markets.

Almost a dozen executives and directors at the firms recently boosted their share sales, earning more than $US160 million ($242 million) since late 2023 after not cutting their stakes in as long as nine years, according to data compiled by Bloomberg.

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    Original URL: https://www.afr.com/markets/equity-markets/bezos-zuckerberg-lead-magnificent-seven-insider-stock-sales-20240510-p5jcg2