Why Did Satya Nadella Suddenly Dump Half His Microsoft Holdings Last Week?

Joining Jeff Bezos and Elon Musk, Satya Nadella sold almost half of his Microsoft (MSFT) shares over a two-day period last week.

Amazon's (AMZN) Bezos has been selling large chunks:

Tesla's (TSLA) Musk has been more aggressively (and publicly) offloading his stocks.

And now Microsoft's Satya Nadella sold about 838.6 thousand shares of common stock on Nov. 22 and 23.

The sales were broken down across the two days.

These sales were not related to an options exercise or an established 10b5-1 plan, and they were his largest sales ever, sending MSFT shares lower. The stake change was disclosed on Nov. 24 post-market and likely helped spark more selling pressure on Friday.

That massive sale accounted for around half of his total holdings.

Is MSFT getting too expensive here?

Disclaimer: Copyright ©2009-2021 ZeroHedge.com/ABC Media, LTD; All Rights Reserved. Zero Hedge is intended for Mature Audiences. Familiarize yourself with our legal and use policies every ...

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.