Insider Selling: Amazon.com (NASDAQ:AMZN) CEO Sells $1,647,821.62 in Stock

Amazon.com, Inc. (NASDAQ:AMZN) CEO Douglas Herrington sold 6,362 shares of Amazon.com stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $259.01, for a total value of $1,647,821.62. Following the transaction, the chief executive officer owned 476,681 shares of the company’s stock, valued at $123,465,145.81. The trade was a 1.32% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Amazon.com Price Performance

NASDAQ:AMZN opened at $256.26 on Friday. The company has a quick ratio of 0.87, a current ratio of 1.03 and a debt-to-equity ratio of 0.23. The stock’s 50 day moving average price is $251.18 and its two-hundred day moving average price is $240.27. The firm has a market capitalization of $2.76 trillion, a price-to-earnings ratio of 20.62, a P/E/G ratio of 1.73 and a beta of 1.45. Amazon.com, Inc. has a 12-month low of $196.00 and a 12-month high of $287.20.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 EPS for the quarter, topping the consensus estimate of $1.82 by $3.93. The company had revenue of $200.61 billion during the quarter, compared to the consensus estimate of $197.03 billion. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%.The firm’s revenue for the quarter was up 19.6% compared to the same quarter last year. During the same period in the previous year, the company posted $1.68 EPS. On average, analysts anticipate that Amazon.com, Inc. will post 8.05 earnings per share for the current year.

More Amazon.com News

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

• Positive Sentiment: AWS is expanding its AI infrastructure. Amazon and Nvidia announced an expanded collaboration under which AWS plans to deploy an additional 2 million Nvidia GPUs by 2028, bringing the reported total commitment to roughly 3 million chips. The investment supports expected demand for AI cloud capacity and could strengthen AWS’s competitive position. Amazon Nvidia GPU deal
• Positive Sentiment: Analysts continue to see significant upside. Evercore ISI reiterated a Buy rating, citing improving retail economics and new AI growth opportunities. Citizens maintained an outperform rating and a $315 price target, while other coverage has highlighted AWS momentum, Amazon’s logistics network and a valuation that could support a higher earnings multiple. Evercore Amazon rating
• Positive Sentiment: Amazon is adding potential sales channels. YouTube now allows eligible U.S. creators to tag Amazon products in Shorts, videos and livestreams while earning commissions, potentially increasing product discovery and conversion. Amazon is also benefiting from the continued expansion of onsite advertising. YouTube Amazon product tagging
• Neutral Sentiment: AWS’s DuckLabs acquisition could improve analytics capabilities. AWS is acquiring the team behind the open-source DuckDB database, a move aimed at strengthening cloud data and analytics offerings. Financial terms were not disclosed, so the near-term earnings impact is uncertain. Amazon DuckLabs acquisition
• Negative Sentiment: Capital spending is weighing on free cash flow. Reports indicate that AWS growth is being accompanied by substantial infrastructure purchases, with trailing free cash flow reportedly declining despite higher operating cash flow. Investors may be concerned that planned AI investments will take time to produce sufficient returns.
• Negative Sentiment: Insider selling adds to investor caution. Six executives reportedly sold more than $15 million of Amazon shares, including a vice president’s sale of approximately $607,000. The transactions were made under pre-arranged Rule 10b5-1 plans, which limits their significance but may still affect sentiment. Amazon recent news

Analysts Set New Price Targets

AMZN has been the subject of a number of research analyst reports. DZ Bank lifted their price objective 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. Citigroup reissued a “market outperform” rating on shares of Amazon.com in a research report on Friday, August 14th. Jefferies Financial Group restated a “buy” rating on shares of Amazon.com in a research note on Thursday, June 18th. Roth Capital reaffirmed a “buy” rating and set a $325.00 target price on shares of Amazon.com in a report on Monday, August 3rd. Finally, Arete Research upped their price target on shares of Amazon.com from $301.00 to $310.00 and gave the company a “buy” rating in a research note on Monday, May 18th. One equities research analyst has rated the stock with a Strong Buy rating, fifty-six have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $322.39.

Institutional Investors Weigh In On Amazon.com

A number of hedge funds and other institutional investors have recently modified their holdings of AMZN. Formuepleje A S boosted its holdings in Amazon.com by 34.1% in the 2nd quarter. Formuepleje A S now owns 193,555 shares of the e-commerce giant’s stock valued at $46,132,000 after purchasing an additional 49,233 shares during the period. HORAN Wealth LLC grew its position in shares of Amazon.com by 4.0% during the 2nd quarter. HORAN Wealth LLC now owns 21,872 shares of the e-commerce giant’s stock worth $5,213,000 after purchasing an additional 846 shares in the last quarter. Principia Wealth Advisory LLC increased its holdings in shares of Amazon.com by 21.5% during the second quarter. Principia Wealth Advisory LLC now owns 1,113 shares of the e-commerce giant’s stock worth $265,000 after purchasing an additional 197 shares during the period. Amundi increased its holdings in shares of Amazon.com by 3.9% during the second quarter. Amundi now owns 63,822,242 shares of the e-commerce giant’s stock worth $15,211,393,000 after purchasing an additional 2,421,739 shares during the period. Finally, Wellington Grp LLC raised its position in shares of Amazon.com by 13.7% in the second quarter. Wellington Grp LLC now owns 17,977 shares of the e-commerce giant’s stock valued at $4,285,000 after buying an additional 2,171 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

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.