Amazon.com, Inc. (NASDAQ:AMZN) Receives Consensus Rating of “Buy” from Brokerages

Shares of Amazon.com, Inc. (NASDAQ:AMZN) have received a consensus rating of “Buy” from the fifty ratings firms that are presently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating, forty-six have issued a buy rating and two have given a strong buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is $262.8723.

Several research firms have weighed in on AMZN. Westpark Capital reissued a “buy” rating and issued a $280.00 target price on shares of Amazon.com in a report on Friday, August 1st. The Goldman Sachs Group reissued a “buy” rating on shares of Amazon.com in a report on Friday, August 1st. Monness Crespi & Hardt upped their target price on Amazon.com from $265.00 to $275.00 and gave the company a “buy” rating in a report on Friday, August 1st. Moffett Nathanson upped their target price on Amazon.com from $250.00 to $253.00 and gave the company a “buy” rating in a report on Tuesday, June 24th. Finally, Bank of America upped their target price on Amazon.com from $265.00 to $272.00 and gave the company a “buy” rating in a report on Friday, August 1st.

Insider Buying and Selling

In other Amazon.com news, CFO Brian T. Olsavsky sold 17,750 shares of the company’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $222.74, for a total value of $3,953,635.00. Following the sale, the chief financial officer owned 49,000 shares of the company’s stock, valued at approximately $10,914,260. This represents a 26.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP David Zapolsky sold 13,570 shares of the company’s stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $222.76, for a total value of $3,022,853.20. Following the completion of the sale, the senior vice president directly owned 44,110 shares in the company, valued at $9,825,943.60. This trade represents a 23.53% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 25,097,911 shares of company stock valued at $5,675,986,299 in the last three months. 9.70% of the stock is owned by insiders.

Institutional Trading of Amazon.com

A number of large investors have recently made changes to their positions in AMZN. Castlekeep Investment Advisors LLC acquired a new stake in shares of Amazon.com during the fourth quarter valued at $25,000. Prudent Man Investment Management Inc. acquired a new stake in shares of Amazon.com during the fourth quarter valued at $27,000. Carderock Capital Management Inc. acquired a new stake in shares of Amazon.com during the second quarter valued at $27,000. LSV Asset Management acquired a new stake in Amazon.com in the 4th quarter worth about $35,000. Finally, Cooksen Wealth LLC acquired a new stake in Amazon.com in the 1st quarter worth about $36,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Trading Up 0.2%

Shares of AMZN stock opened at $229.12 on Thursday. The business’s fifty day moving average price is $223.48 and its 200 day moving average price is $208.13. Amazon.com has a 1-year low of $161.38 and a 1-year high of $242.52. The firm has a market capitalization of $2.44 trillion, a PE ratio of 34.93, a P/E/G ratio of 1.53 and a beta of 1.31. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, topping analysts’ consensus estimates of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. During the same quarter in the prior year, the company posted $1.26 earnings per share. Amazon.com’s quarterly revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. As a group, sell-side analysts forecast that Amazon.com will post 6.31 EPS for the current fiscal year.

Amazon.com Company Profile

Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.