Amazon.com (NASDAQ:AMZN) CEO Douglas Herrington Sells 1,000 Shares

Amazon.com, Inc. (NASDAQ:AMZN) CEO Douglas Herrington sold 1,000 shares of Amazon.com stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $208.00, for a total value of $208,000.00. Following the completion of the sale, the chief executive officer directly owned 504,934 shares of the company’s stock, valued at $105,026,272. This trade represents a 0.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Amazon.com Trading Down 0.4%

Shares of AMZN traded down $0.81 during trading hours on Friday, hitting $198.79. 66,171,157 shares of the stock traded hands, compared to its average volume of 54,715,688. The business has a fifty day moving average of $231.30 and a 200-day moving average of $229.08. The firm has a market capitalization of $2.13 trillion, a PE ratio of 27.73, a price-to-earnings-growth ratio of 1.32 and a beta of 1.37. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $258.60. The company has a current ratio of 1.05, a quick ratio of 0.88 and a debt-to-equity ratio of 0.16.

Amazon.com (NASDAQ:AMZNGet Free Report) last announced its quarterly earnings data on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share for the quarter, missing the consensus estimate of $1.97 by ($0.02). The firm had revenue of $213.39 billion for the quarter, compared to the consensus estimate of $211.02 billion. Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.The business’s revenue for the quarter was up 13.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.86 earnings per share. Analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. KeyCorp set a $285.00 target price on shares of Amazon.com in a report on Friday, February 6th. Arete Research raised their price target on Amazon.com from $283.00 to $285.00 and gave the stock a “buy” rating in a research report on Wednesday. JMP Securities set a $300.00 price objective on Amazon.com in a report on Friday, October 31st. TD Cowen reissued a “buy” rating on shares of Amazon.com in a research note on Friday, February 6th. Finally, Wedbush reduced their target price on Amazon.com from $340.00 to $300.00 and set an “outperform” rating on the stock in a report on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, fifty-four have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $287.48.

Read Our Latest Analysis on Amazon.com

Institutional Trading of Amazon.com

Hedge funds have recently bought and sold shares of the stock. Lifelong Wealth Advisors Inc. lifted its holdings in shares of Amazon.com by 2.4% in the fourth quarter. Lifelong Wealth Advisors Inc. now owns 1,740 shares of the e-commerce giant’s stock valued at $402,000 after purchasing an additional 41 shares in the last quarter. Financial Connections Group Inc. raised its position in Amazon.com by 2.6% in the 4th quarter. Financial Connections Group Inc. now owns 1,633 shares of the e-commerce giant’s stock valued at $376,000 after buying an additional 42 shares during the last quarter. Marquette Asset Management LLC lifted its stake in Amazon.com by 5.1% in the 4th quarter. Marquette Asset Management LLC now owns 886 shares of the e-commerce giant’s stock valued at $205,000 after acquiring an additional 43 shares in the last quarter. Barlow Wealth Partners Inc. boosted its position in Amazon.com by 0.4% during the 2nd quarter. Barlow Wealth Partners Inc. now owns 12,565 shares of the e-commerce giant’s stock worth $2,763,000 after acquiring an additional 44 shares during the last quarter. Finally, Western Financial Corp CA boosted its position in Amazon.com by 1.5% during the 4th quarter. Western Financial Corp CA now owns 3,076 shares of the e-commerce giant’s stock worth $710,000 after acquiring an additional 44 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Key Amazon.com News

Here are the key news stories impacting Amazon.com this week:

  • Positive Sentiment: AWS momentum and cloud demand remain a structural support for AMZN; analysts point to expanding AI and cloud revenues that underpin long?term growth. AWS Momentum Supports Amazon.com
  • Positive Sentiment: Amazon’s minority stake in BETA Technologies and other strategic bets could boost logistics/sustainability optionality and have drawn analyst interest as long?term strategic wins. Amazon Bets Big on BETA
  • Positive Sentiment: Amazon?backed X?Energy secured a U.S. nuclear fuel license — a long?dated infrastructure win that could help power data centers and reduce energy costs for AWS over time. X?Energy Secures Nuclear Fuel License
  • Positive Sentiment: Amazon Pharmacy continues to expand same?day delivery to thousands more cities — a near?term revenue/market?share positive for the retail segment. Amazon Pharmacy Same?Day Expansion
  • Positive Sentiment: Large institutional activity: several managers (e.g., PRIMECAP, Egerton) have recently increased stakes, signaling conviction from long?term holders. PRIMECAP Boosts Amazon Stake
  • Neutral Sentiment: Amazon’s satellite/LEO program advanced with a multi?satellite Ariane 6 launch — a strategic long?term investment but cash?intensive today. Ariane 6 Launches Amazon LEO Satellites
  • Neutral Sentiment: Some analysts trimmed price targets (New Street cut its target but left a buy rating), reflecting mixed near?term views while maintaining longer?term upside. New Street Lowers Price Target
  • Negative Sentiment: Technical and sentiment pressure: multiple outlets report AMZN entered a bear market and just hit its worst multi?day losing streak in nearly 20 years as investors punish heavy capex and rotate out of big tech. Worst Losing Streak / Bear Market
  • Negative Sentiment: Investors are explicitly worried about the ~$200B AI capex plan (and the broader $700B hyperscaler capex wave) — concerns center on cash flow, near?term returns and multiple compression. Mag 7 CapEx Wave
  • Negative Sentiment: Reputational and regulatory noise: Ring’s Super Bowl ad backlash led Amazon’s Ring to cancel a Flock Safety partnership, and Italian tax authorities conducted searches in a new probe — both add short?term headline risk. Ring Ad Backlash / Flock Cancellation Italian Tax Probe

About Amazon.com

(Get Free Report)

Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.

Key businesses and offerings include Amazon’s online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.

Recommended Stories

Insider Buying and Selling by Quarter for Amazon.com (NASDAQ:AMZN)

Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.