Bezos, Zuckerberg Lead Magnificent Seven Insider Stock Sales
- Several executives and directors recently boosted share sales
- Megacap tech stocks have been powering US equity markets
Jeff Bezos, left, and Mark Zuckerberg
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Insiders at the Magnificent Seven tech companies are following Jeff Bezos and Mark Zuckerberg in realizing 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 $160 million since late 2023 after not cutting their stakes in as long as nine years, according to data compiled by Bloomberg.