Matthew Garman Sells 14,541 Shares of Amazon.com (NASDAQ:AMZN) Stock

Amazon.com, Inc. (NASDAQ:AMZN) CEO Matthew Garman sold 14,541 shares of the company’s stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $259.06, for a total transaction of $3,766,991.46. Following the transaction, the chief executive officer owned 17,794 shares of the company’s stock, valued at $4,609,713.64. This represents a 44.97% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Amazon.com Stock Performance

NASDAQ:AMZN traded down $1.01 during mid-day trading on Tuesday, hitting $261.06. The stock had a trading volume of 25,483,066 shares, compared to its average volume of 48,878,887. The company has a current ratio of 1.03, a quick ratio of 0.87 and a debt-to-equity ratio of 0.23. The company has a 50 day simple moving average of $250.18 and a 200-day simple moving average of $239.48. The stock has a market capitalization of $2.82 trillion, a price-to-earnings ratio of 21.00, a P/E/G ratio of 1.72 and a beta of 1.45. Amazon.com, Inc. has a 52 week low of $196.00 and a 52 week high of $287.20.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 EPS for the quarter, beating the consensus estimate of $1.82 by $3.93. The company had revenue of $200.61 billion for the quarter, compared to analyst estimates of $197.03 billion. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. Amazon.com’s revenue was up 19.6% compared to the same quarter last year. During the same quarter last year, the business earned $1.68 earnings per share. On average, research analysts expect that Amazon.com, Inc. will post 8.05 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Amazon.com

A number of institutional investors and hedge funds have recently bought and sold shares of AMZN. TOP Private Wealth LLC. purchased a new stake in shares of Amazon.com during the second quarter valued at $29,000. Bard Associates Inc. purchased a new stake in Amazon.com during the second quarter valued at about $32,000. Longfellow Investment Management Co. LLC acquired a new position in shares of Amazon.com in the second quarter worth about $33,000. MilWealth Group LLC boosted its holdings in shares of Amazon.com by 79.0% in the fourth quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant’s stock worth $41,000 after buying an additional 79 shares during the period. Finally, Lifetime Wealth Management P.C. purchased a new position in shares of Amazon.com in the fourth quarter worth approximately $45,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Amazon.com

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

• Positive Sentiment: AWS growth remains the main bullish catalyst. Coverage highlighted accelerating cloud demand, a reported $496 billion AWS backlog, and analyst expectations that AI-related services could drive substantial revenue growth. Citizens reiterated a Market Outperform rating with a $315 price target. AWS backlog article
• Positive Sentiment: Amazon is gaining share in clothing. PYMNTS Intelligence estimates Amazon’s share of U.S. clothing spending reached 17% in 2025, up from 8.5% in 2019, while Walmart’s share declined. The trend supports Amazon’s broader e-commerce and advertising growth story. Amazon clothing share article
• Positive Sentiment: New growth options are receiving attention. Amazon’s Zoox robotaxi service has begun paid rides in San Francisco, while Prime Air is expected to expand toward nearly 500 U.S. cities. The company is also developing automated delivery stations that could process packages about 2.5 times faster, potentially improving long-term logistics economics. Zoox expansion article
• Neutral Sentiment: Analyst and institutional sentiment is broadly constructive. Recent coverage cited a median analyst price target of $320 and additional institutional buying, although these signals may be outweighed by near-term cash-flow concerns.
• Negative Sentiment: AI spending is the key pressure point. Reports focused on a projected $220 billion 2026 capital-spending bill and a $7.6 billion decline in free cash flow, despite operating cash flow rising 33%. Investors want evidence that AWS growth and AI monetization will eventually offset the infrastructure outlays. Amazon free cash flow article
• Negative Sentiment: Insider selling adds a cautious signal. The CFO, a vice president, two senior executives and the CEO of Amazon Stores collectively sold roughly $7.9 million of shares. All transactions were made under pre-arranged Rule 10b5-1 plans, reducing their usefulness as a direct indicator of management’s outlook. SEC insider filing
• Negative Sentiment: Hardware costs and regulatory risks remain headwinds. Amazon raised prices on devices including Echo, Fire TV and Kindle by as much as 60% because of memory shortages, potentially hurting demand. Separately, proposed AI advertising-disclosure rules and New York City scrutiny of delivery operations could increase compliance or operating costs.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on AMZN shares. BMO Capital Markets reissued an “outperform” rating and issued a $360.00 price target (up from $355.00) on shares of Amazon.com in a research note on Tuesday, July 28th. Guggenheim reaffirmed a “buy” rating and issued a $320.00 price objective (up from $300.00) on shares of Amazon.com in a report on Thursday, April 30th. Monness Crespi & Hardt increased their target price on shares of Amazon.com from $315.00 to $330.00 and gave the company a “buy” rating in a research report on Friday, July 31st. DZ Bank boosted their price target on shares of Amazon.com from $295.00 to $320.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Amazon.com in a research note on Friday, August 14th. One research analyst has rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Amazon.com currently has a consensus rating of “Moderate Buy” and a consensus price target of $322.39.

Amazon.com Company Profile

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.