Representative Mark Alford (Republican-Missouri) recently sold shares of Amazon.com, Inc. (NASDAQ:AMZN). In a filing disclosed on March 31st, the Representative disclosed that they had sold between $1,001 and $15,000 in Amazon.com stock on March 16th. The trade occurred in the Representative’s “PUTNAM INVESTMENTS” account.
Representative Mark Alford also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 3/16/2026.
- Sold $1,001 – $15,000 in shares of Berkshire Hathaway (NYSE:BRK.B) on 3/16/2026.
- Sold $1,001 – $15,000 in shares of AT&T (NYSE:T) on 3/16/2026.
- Sold $1,001 – $15,000 in shares of PayPal (NASDAQ:PYPL) on 3/16/2026.
- Sold $1,001 – $15,000 in shares of SPDR S&P 500 Buyback ETF (NYSEARCA:SPYB) on 3/16/2026.
Amazon.com Stock Performance
Shares of AMZN opened at $209.77 on Friday. The stock has a market capitalization of $2.25 trillion, a P/E ratio of 29.26, a P/E/G ratio of 1.58 and a beta of 1.38. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.88 and a current ratio of 1.05. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $258.60. The company’s fifty day moving average is $214.29 and its two-hundred day moving average is $224.53.
Hedge Funds Weigh In On Amazon.com
Several hedge funds have recently bought and sold shares of AMZN. Lifelong Wealth Advisors Inc. raised its stake in shares of Amazon.com by 2.4% during the 4th quarter. Lifelong Wealth Advisors Inc. now owns 1,740 shares of the e-commerce giant’s stock worth $402,000 after buying an additional 41 shares during the last quarter. Financial Connections Group Inc. grew its stake 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 acquiring an additional 42 shares during the last quarter. Marquette Asset Management LLC increased its holdings in Amazon.com by 5.1% during 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. Western Financial Corp CA increased its holdings 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 valued at $710,000 after acquiring an additional 44 shares in the last quarter. Finally, Navalign LLC raised its position in Amazon.com by 0.3% during the fourth quarter. Navalign LLC now owns 13,349 shares of the e-commerce giant’s stock worth $3,081,000 after acquiring an additional 44 shares during the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently commented on the stock. Wedbush reduced their price objective on shares of Amazon.com from $340.00 to $300.00 and set an “outperform” rating for the company in a research report on Friday, February 6th. Jefferies Financial Group reissued a “buy” rating on shares of Amazon.com in a research note on Monday, March 23rd. New Street Research reduced their price target on Amazon.com from $285.00 to $280.00 and set a “buy” rating for the company in a report on Monday. Maxim Group lifted their price target on Amazon.com from $280.00 to $290.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Finally, Benchmark reiterated a “buy” rating on shares of Amazon.com in a research report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, fifty-three have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Amazon.com has an average rating of “Moderate Buy” and a consensus target price of $286.59.
View Our Latest Report on AMZN
Key Amazon.com News
Here are the key news stories impacting Amazon.com this week:
- Positive Sentiment: Reports that Amazon is in talks to acquire Globalstar for roughly $9 billion — a deal that would accelerate Project Kuiper and strengthen Amazon’s ability to compete with SpaceX’s Starlink — pushed momentum in related space stocks and supports a longer?term connectivity growth narrative. Read More.
- Positive Sentiment: Wells Fargo nudged its price target slightly higher to $305 and reiterated an overweight view, highlighting AWS acceleration and improving free?cash?flow prospects — a modest vote of confidence from the Street. Read More.
- Neutral Sentiment: Market commentary continues to emphasize AWS as the core long?term driver for AMZN (AI/cloud infrastructure exposure), keeping longer?term investor conviction intact even as the stock digests short?term noise. Read More.
- Negative Sentiment: Amazon told U.S. and Canadian third?party sellers it will add a 3.5% “fuel and logistics” surcharge to fulfillment fees starting April 17 to offset higher transportation costs driven by the Iran war — a move that could squeeze seller economics, trigger higher prices for consumers, and create seller pushback that weighs on GMV. Read More.
- Negative Sentiment: The NLRB ruled Amazon must negotiate with a union representing ~5,000 Staten Island warehouse workers — a reminder that labor and unionization risks could increase operating costs and create local disruptions. Read More.
- Negative Sentiment: Reports that an Iranian strike damaged an AWS data center in Bahrain add geopolitical and operational risk for Amazon’s cloud business; investors may demand clarity on outages, redundancy and potential costs. Read More.
Insider Buying and Selling
In other news, CEO Douglas J. Herrington sold 1,000 shares of the stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $204.25, for a total value of $204,250.00. Following the sale, the chief executive officer directly owned 521,361 shares in the company, valued at $106,487,984.25. This represents a 0.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Shelley Reynolds sold 2,695 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $205.90, for a total transaction of $554,900.50. Following the transaction, the vice president directly owned 119,780 shares of the company’s stock, valued at approximately $24,662,702. This trade represents a 2.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 71,686 shares of company stock valued at $14,688,739. 9.70% of the stock is owned by company insiders.
About Representative Alford
Mark Alford (Republican Party) is a member of the U.S. House, representing Missouri’s 4th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.
Alford (Republican Party) is running for re-election to the U.S. House to represent Missouri’s 4th Congressional District. He declared candidacy for the 2026 election.
Mark Alford graduated from Baytown Sterling High School in 1982. Alford’s career experience includes working as a team lead and realtor with ReeceNichols Real Estate and the team lead manager with VortexKC/Chartwell.
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.
Further Reading
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