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

Amazon.com, Inc. (NASDAQ:AMZN) CEO Douglas Herrington sold 1,000 shares of the company’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $266.19, for a total transaction of $266,190.00. Following the completion of the transaction, the chief executive officer owned 485,527 shares of the company’s stock, valued at approximately $129,242,432.13. This trade represents a 0.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Amazon.com Price Performance

NASDAQ:AMZN opened at $250.02 on Thursday. The stock has a market capitalization of $2.69 trillion, a PE ratio of 29.91, a price-to-earnings-growth ratio of 1.92 and a beta of 1.44. The stock’s 50-day moving average price is $248.25 and its 200-day moving average price is $232.76. The company has a quick ratio of 1.01, a current ratio of 1.18 and a debt-to-equity ratio of 0.27. Amazon.com, Inc. has a 52 week low of $196.00 and a 52 week high of $278.56.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Wednesday, April 29th. The e-commerce giant reported $2.78 EPS for the quarter, beating analysts’ consensus estimates of $1.63 by $1.15. The business had revenue of $181.52 billion during the quarter, compared to analysts’ expectations of $177.28 billion. Amazon.com had a return on equity of 19.92% and a net margin of 12.22%.The business’s revenue was up 16.6% compared to the same quarter last year. During the same period in the previous year, the business earned $1.59 earnings per share. As a group, equities analysts expect that Amazon.com, Inc. will post 7.71 EPS for the current fiscal year.

Trending Headlines about Amazon.com

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

• Positive Sentiment: Amazon unveiled a new AI-powered warehouse robot and is backing a €10 billion expansion of its European fulfillment network, reinforcing expectations for faster logistics, lower operating costs, and continued AI-driven efficiency gains. Article Title
• Positive Sentiment: Amazon’s Prime Day was moved to June 23–26 and expanded to a four-day event, which could boost near-term retail sales, Prime sign-ups, and ad revenue while highlighting Alexa AI features in shopping. Article Title
• Positive Sentiment: Several articles pointed to Amazon’s growing AI and cloud opportunity, including comments that AWS, advertising, and subscriptions are compounding faster than retail and that Amazon remains one of the market’s main AI infrastructure beneficiaries. Article Title
• Positive Sentiment: Amazon overtook Walmart to become the largest U.S. company by revenue and surpassed $700 billion in annual sales, underscoring its scale and execution strength. Article Title
• Neutral Sentiment: Amazon launched Prime in South Africa for under $4 per month, a modest international expansion that supports long-term membership growth but is unlikely to move the stock immediately. Article Title
• Negative Sentiment: Amazon faces fresh pressure from a class-action lawsuit over Ring facial-recognition features and broader scrutiny of its data practices in Europe, adding regulatory and legal overhangs for AWS and connected devices. Article Title
• Negative Sentiment: Reports that Amazon is willing to discuss shutting down operations in Quebec and that engineers criticized the company’s AI spending while layoffs continue may reinforce investor worries about costs, labor relations, and political scrutiny. Article Title
• Negative Sentiment: Amazon insider selling remained a talking point, including a recent CEO stock sale, which can add to short-term caution even though the sale was made under a pre-arranged trading plan. Article Title

Wall Street Analyst Weigh In

AMZN has been the topic of a number of research analyst reports. Argus reaffirmed a “buy” rating and issued a $325.00 price target on shares of Amazon.com in a research note on Friday, February 6th. Moffett Nathanson raised their price objective on Amazon.com from $283.00 to $288.00 and gave the company a “buy” rating in a report on Tuesday, April 7th. Maxim Group upped their target price on shares of Amazon.com from $290.00 to $315.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Wells Fargo & Company set a $312.00 price target on shares of Amazon.com and gave the stock an “overweight” rating in a research note on Wednesday, May 20th. Finally, Guggenheim reiterated a “buy” rating and set a $320.00 price objective (up from $300.00) on shares of Amazon.com in a research report on Thursday, April 30th. Fifty-seven equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $312.52.

Institutional Investors Weigh In On Amazon.com

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AMZN. Norges Bank acquired a new stake in shares of Amazon.com in the fourth quarter valued at $32,868,735,000. Auto Owners Insurance Co lifted its stake in Amazon.com by 27,376.7% during the 4th quarter. Auto Owners Insurance Co now owns 98,448,885 shares of the e-commerce giant’s stock worth $2,272,397,000 after acquiring an additional 98,090,585 shares in the last quarter. J. Stern & Co. LLP boosted its holdings in Amazon.com by 20,598.0% during the 4th quarter. J. Stern & Co. LLP now owns 87,982,814 shares of the e-commerce giant’s stock valued at $20,308,193,000 after acquiring an additional 87,557,736 shares during the period. Nuveen LLC purchased a new position in Amazon.com during the 1st quarter valued at about $11,674,091,000. Finally, Cardano Risk Management B.V. grew its position in Amazon.com by 879.4% in the 4th quarter. Cardano Risk Management B.V. now owns 27,862,400 shares of the e-commerce giant’s stock valued at $6,431,199,000 after acquiring an additional 25,017,588 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

About Amazon.com

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.