<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Stock sales estimated to save executives potential losses of about $ 1.9 billion in a period when the S&P indicator, which investors consider to be the true gauge of market conditions, left more than 30% of its value during this turbulent period. “data-reactid =” 24 “>Stock sales estimated to save executives potential losses of about $ 1.9 billion in a period in which the S&P indicator, which investors consider the real gauge of the state of the market, left more than 30% of its value during this turbulent period.
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Specifically, Bezos, according to the information to the The WSJ has agreed, dumped a total of $ 3.4 billion in Amazon stock it sold in the first week of February, just before the market hit record highs and peaked, prior to the COVID crash -19, what it saved him losses of up to $ 317 million if he had kept them until March 20. “data-reactid =” 25 “> Specifically, Bezos, according to the information accessed by the WSJ, disposed of a total of $ 3.4 billion in Amazon stock that It sold in the first week of February, just before the market hit record highs and peaked, prior to the COVID-19 crash, which it saved him losses of up to $ 317 million if he had kept them until March 20.
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "In any case, sales barely represent 3 % of total Amazon shares owned by Bezos, although regulatory files show that in that February operation the founder of the technology company sold almost more shares than in the previous 12 months. “data-reactid =” 26 “> In any case, sales barely represent 3% of total Amazon shares owned by Bezos, although regulatory files show that in that February operation the founder of the technology company sold almost more shares than in the previous 12 months.
Although in principle at the time there was no information to indicate a sharp drop in the market, the data shows that executives sold a third more shares compared to the past two years.
In the same period last year, for example, executives sold shares for a total value of about 6,400 million, far from the 9,200 registered this year.
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Other great executives, such as the president of the fund of investments BlackRockLaurence Fink sold his company assets for $ 25 million on February 14, saving him losses of $ 9.3 million. “Data-reactid =” 29 “> Other top executives, such as the chairman of the investment fund BlackRock, Laurence Fink, sold his company’s assets for $ 25 million on February 14, saving him losses of $ 9.3 million.
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The president of the consultancy IHS MarkitLance Uggla sold titles totaling $ 47 million around February 19, saving him losses of $ 19.2 million, although a Uggla spokesman said the move corresponds to a “pre-established plan.” “data-reactid =” 30 “> IHS Markit consultancy president Lance Uggla, sold titles totaling $ 47 million around February 19, saving him losses of $ 19.2 millionAlthough a Uggla spokesman said the move corresponds to a “pre-established plan.”
For his part, the chief executive of MGM Resorts, James Murren, whose company has been particularly hard hit by the COVID-19 crisis, sold about $ 22.2 million of shares in his company and avoided losing about 15.9 million of Dollars.
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