4 Insiders are Selling Shares of This Home Run Online Retailer

Following is a list of recent insider trades at Amazon (NASDAQ:AMZN):

  • Shelley Reynolds, who is a Vice President, exercised a total of 4,745 optins on March 27th and March 15th, for a total cost of $0. She sold 1,680 shares at a market price of $171.80 on March 28th and 218 shares at a market price of $161.45 for net proceeds of $323,820.  She presently holds 5,599 shares, or less than 0.01% of the 451,000,000 shares outstanding.
  • Steven Kessel, who is a Senior Vice President, sold 7,480 shares at a market price of $161.45, for total proceeds of $1,207,646.  He presently holds 0 shares in the company.
  • Sebastian J Gunningham, who is a Senior Vice President, exercised 75,000 shares at $0 per option on March 5th, and sold 70,000 shares at a market price of $171.36 on March 7th, for net proceeds of $11,995,330.  He now holds 14,000 shares, or less than 0.01% of the 451,000,000 shares outstanding.
  • Thomas O Ryder, who is  Director, sold 5,500 shares at a market price of $187.76 on February 17th, 5,500 shares at a market price of $182.14 on February 22nd, and 5,587 shares at a market price of $177.26 on February 24th, for proceeds of $3,024,839.  He now holds 0 shares in the company.

About the company: Amazon.com, Inc (NASDAQ:AMZN) is an online retailer that offers a wide range of products.  The Company’s products include books, music, videotapes, computers, electronics, home and garden, and numerous other products.  Amazon offers personalized shopping services, Web-based credit card payment, and direct shipping to customers. Competitors to Amazon.com include eBay (NASDAQ:EBAY), Barnes and Noble (NYSE:BKS), Wal-Mart (NYSE:WMT), Netflix (NASDAQ:NFLX), Google (NASDAQ:GOOG), Apple (NASDAQ:AAPL), Bidu (NASDAQ:BIDU) and Priceline.com (NASDAQ:PCLN).

Advantage: Check out our interactive stock charts, fundamentals, Twitter stream, and more >>

More from The Cheat Sheet