Gates dumps Microsoft stock

“Bill Gates, chairperson and co-founder of Microsoft, sold 4 million shares of the software giant’s stock over the last three days of February, bringing his total sales for the month to 20 million, according to filings with the Securities and Exchange Commission,” FIN24 reports.

“Gates still owns 917.5 million shares of Microsoft after the share sales, according to the filings. This represents about 9.2% of total diluted shares outstanding as of December 31,” FIN24 reports.

FIN24 reports, “For the month of February, Gates had sold 20 million shares of Microsoft stock to raise about $580m, the filings say.”

Full article here.

[Thanks to MacDailyNews Reader “Bizarro Ballmer” for the heads up.]

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