Jeff Bezos Offloads $5.7 Billion in Amazon Stock as Shares Jump 38% Ahead of Earnings

Jeff Bezos sold $5.7 billion in Amazon stock through a prearranged 10b5-1 trading plan, completing the transaction ahead of the company’s earnings report scheduled for July 31 [1]. The sales, which began during his June 30 wedding in Venice and concluded with a final $954 million sale of 4.2 million shares on July 25, totaled 25 million shares, the full amount permitted under the plan. Amazon’s stock has surged 38% from its April low, creating a favorable window for the sale [2]. This marks another phase in Bezos’ long-term strategy to liquidate Amazon shares, with cumulative cashouts exceeding $50 billion since 2002. Last year alone, he sold 75 million shares for $13.6 billion, underscoring his consistent approach to diversifying wealth. Notably, Bezos’ only recorded stock purchase occurred in 2022, when he acquired a single share for $114.77 [3].

Amazon’s upcoming earnings report is under scrutiny as investors assess whether its $104 billion in capital expenditures—$30 billion of which is allocated to U.S. data center expansions—will translate into improved profitability. Analysts forecast $1.32 per share on $162 billion in revenue for the quarter, representing 4% and 9% year-over-year growth, respectively [4]. These figures lag behind the broader Magnificent Seven cohort, which averages 15% earnings growth and 12% revenue expansion. The pressure to validate AI-driven efficiency gains is particularly acute, with CEO Andy Jassy recently signaling further layoffs in the cloud division as automation replaces roles [5].

The company’s AI initiatives span multiple fronts. Amazon Web Services, its cloud computing arm, is expected to benefit from rising demand, while AI is being integrated into retail logistics to personalize advertising, streamline warehousing, and accelerate delivery processes. Humanoid robots are being trained in indoor obstacle courses to automate warehouse tasks, with Bank of America estimating potential annual cost savings of $7 billion by 2032 [6]. Morgan Stanley analysts highlight Amazon’s retail unit as a “most under-appreciated GenAI beneficiary” in the tech sector [7]. However, narrow retail margins and rising tariffs pose challenges, even as robotics adoption positions the company for long-term gains.

Bezos retains 884 million Amazon shares, representing 8% ownership and a significant portion of his $252.3 billion net worth. He remains the world’s third-richest individual. In 2024, he has also donated $190 million in stock to charitable organizations [8].

Source: [1] [Jeff Bezos offloads $5.7 billion in Amazon stock ahead of earnings] [https://coinmarketcap.com/community/articles/6884c0e1de8dcb0b93143730/]

[2] [Jeff Bezos offloads $5.7 billion in Amazon stock ahead of earnings] [https://coinmarketcap.com/community/articles/6884c0e1de8dcb0b93143730/]

[3] [Jeff Bezos offloads $5.7 billion in Amazon stock ahead of earnings] [https://coinmarketcap.com/community/articles/6884c0e1de8dcb0b93143730/]

[4] [Jeff Bezos offloads $5.7 billion in Amazon stock ahead of earnings] [https://coinmarketcap.com/community/articles/6884c0e1de8dcb0b93143730/]

[5] [Jeff Bezos offloads $5.7 billion in Amazon stock ahead of earnings] [https://coinmarketcap.com/community/articles/6884c0e1de8dcb0b93143730/]

[6] [Jeff Bezos offloads $5.7 billion in Amazon stock ahead of earnings] [https://coinmarketcap.com/community/articles/6884c0e1de8dcb0b93143730/]

[7] [Jeff Bezos offloads $5.7 billion in Amazon stock ahead of earnings] [https://coinmarketcap.com/community/articles/6884c0e1de8dcb0b93143730/]

[8] [Jeff Bezos offloads $5.7 billion in Amazon stock ahead of earnings] [https://coinmarketcap.com/community/articles/6884c0e1de8dcb0b93143730/]