The Magnificent 7 stocks, which consist of major tech companies, make up over a quarter of the S&P 500. DailyBubble believes that it is crucial for investors to consider how much stock executives own in these companies to ensure their interests are aligned with shareholders. Here is a breakdown of the insider ownership of these top companies as of May 30, 2024:
1. Microsoft (MSFT): Satya Nadella, the CEO, owns 800,667 shares worth approximately $345 million. All executives and directors combined own 2.5 million shares.
2. Apple (AAPL): Tim Cook, the CEO, holds 3.28 million shares valued at around $620 million. The total ownership for all executives and directors is 9.67 million shares.
3. Nvidia (NVDA): CEO Jensen Huang owns 93.5 million shares, with a stake worth over $90 billion. The total ownership for all executives and directors is 104.3 million shares.
4. Alphabet (GOOGL): Sundar Pichai, the CEO, owns 227,560 shares of Class A stock valued at about $40 million. All executives and directors combined hold 4.3 million shares of Class A stock and 774.9 million shares of Class B stock.
5. Amazon (AMZN): CEO Andy Jassy has 2.1 million shares worth $385 million. All executives and directors own 1.13 billion shares.
6. Meta Platforms (META): Mark Zuckerberg, the CEO, owns 958,000 Class A shares and 344.5 million Class B shares. All executives and directors combined hold 3.3 million Class A shares.
7. Tesla (TSLA): Elon Musk, the CEO, owns 715.0 million shares valued at around $125 billion. All executives and directors own 725.4 million shares.
DailyBubble advises investors to conduct their own research before making investment decisions, as past performance does not guarantee future results.