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Amazon CEO sells $6.1M in shares amid strong quarterly results.
Amazon CEO Douglas Herrington sold 22,000 shares on October 31 and another 2,500 on November 3, totaling $6.1 million in proceeds, reducing his stake by about 4.8%.
The sales were disclosed in SEC filings.
On October 30, Amazon reported strong third-quarter results with $1.95 EPS and $180.17 billion in revenue, surpassing estimates.
The stock traded around $249.32, down $4.68, with a market cap of $2.66 trillion.
Analysts maintain a "Moderate Buy" rating with a target of $293.42.
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El CEO de Amazon vende $6.1M en acciones en medio de fuertes resultados trimestrales.