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Gates Sells 12M Microsoft Shares - Forbes.com

Bill Gates has sold about 12 million shares of the company’s common stock in a series of transactions over a five-day period, according to U.S. Securities and Exchange Commission filings.

Perhaps Bill Gates has decided Microsoft is in trouble: offloading shares while the price is high, knowing that the share price is about to drop.

Other filings showed that Robert Bach, a Microsoft senior vice president, also sold 30,000 shares on Aug. 2. Other Microsoft senior vice-presidents, namely Kevin Johnson, Eric Rudder and Jeffrey Raikes, sold some shares, but their transactions remained below 1,000.

Maybe all of the Microsoft execs are dumping shares on the unsuspecting public.

Gates still owns more than 1 billion shares of Microsoft, which are worth about $27.8 billion at Friday’s closing price.

Maybe not. Gates sold around 1.2% of his shares. It’s like me selling…no hang on, I don’t own any shares. In anything…