Jonathan Rubinstein Sells 3,706 Shares of Amazon.com (NASDAQ:AMZN) Stock

Amazon.com, Inc. (NASDAQ:AMZN) Director Jonathan Rubinstein sold 3,706 shares of Amazon.com stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $273.02, for a total transaction of $1,011,812.12. Following the sale, the director owned 74,948 shares of the company’s stock, valued at approximately $20,462,302.96. This represents a 4.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Jonathan Rubinstein also recently made the following trade(s):

• On Friday, April 24th, Jonathan Rubinstein sold 3,849 shares of Amazon.com stock. The shares were sold at an average price of $260.00, for a total transaction of $1,000,740.00.

Amazon.com Price Performance

Shares of AMZN opened at $273.54 on Wednesday. The firm has a 50-day simple moving average of $224.90 and a two-hundred day simple moving average of $227.88. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.18 and a quick ratio of 1.01. Amazon.com, Inc. has a 1-year low of $183.85 and a 1-year high of $278.56. The stock has a market cap of $2.94 trillion, a PE ratio of 32.72, a P/E/G ratio of 1.98 and a beta of 1.46.

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 the consensus estimate of $1.63 by $1.15. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. The business had revenue of $181.52 billion during the quarter, compared to analyst estimates of $177.28 billion. During the same quarter last year, the firm posted $1.59 earnings per share. The business’s revenue for the quarter was up 16.6% compared to the same quarter last year. As a group, analysts forecast that Amazon.com, Inc. will post 7.95 EPS for the current year.

Key Stories Impacting Amazon.com

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

• Positive Sentiment: Amazon launched Amazon Supply Chain Services (ASCS), opening its freight/fulfillment/parcel network to outside businesses — a potential high-margin new revenue stream that markets liken to the AWS playbook. Read More.
• Positive Sentiment: Q1 results and management messaging reinforced the growth narrative: AWS growth reaccelerated, revenue and EPS beat consensus, and CEO Andy Jassy framed the AI capex as a longer?term ROI bet — supporting the bull case. Read More.
• Positive Sentiment: Wall Street moved more bullish: several firms raised price targets (examples include BNP Paribas raising its target), which amplifies upside expectations and buyer appetite. Read More.
• Positive Sentiment: Amazon expanded same?day fresh grocery deliveries to business customers (Amazon Business), extending addressable market and recurring order flows for grocery/fulfillment. Read More.
• Neutral Sentiment: Insider selling by executives/directors has been disclosed (Rule 10b5?1 plan filings); these appear to be planned dispositions rather than signals of change in strategy. Read More.
• Neutral Sentiment: Amazon is rolling internal AI tooling (Claude Code, Codex) and experimenting with merging AI chat into core search — operational moves that can lift productivity and product UX but whose revenue timing is unclear. Read More.
• Negative Sentiment: CapEx and free?cash?flow pressure remain a risk: analysts highlight that heavy AI infrastructure spending has pushed FCF sharply lower in the near term, raising execution/timing risk if AWS/AI revenue doesn’t scale as expected. Read More.
• Negative Sentiment: Macro and inflationary commentary warns large hyperscaler AI spending could add cost pressure (energy, wages, tariffs), which would be a multiplier on margin/valuation risk across the sector. Read More.

Institutional Investors Weigh In On Amazon.com

Large investors have recently made changes to their positions in the business. Norges Bank bought a new stake in Amazon.com during the fourth quarter valued at $32,868,735,000. Auto Owners Insurance Co increased its stake in Amazon.com by 27,376.7% during the fourth quarter. Auto Owners Insurance Co now owns 98,448,885 shares of the e-commerce giant’s stock valued at $2,272,397,000 after purchasing an additional 98,090,585 shares during the last quarter. J. Stern & Co. LLP increased its stake in Amazon.com by 20,598.0% during the fourth 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 purchasing an additional 87,557,736 shares during the last quarter. Nuveen LLC bought a new stake in Amazon.com during the first quarter valued at $11,674,091,000. Finally, Cardano Risk Management B.V. increased its stake in Amazon.com by 879.4% during the fourth 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 purchasing an additional 25,017,588 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analyst Ratings Changes

AMZN has been the subject of several recent research reports. Bank of America raised their price objective on shares of Amazon.com from $298.00 to $310.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Weiss Ratings cut Amazon.com from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, April 22nd. TD Cowen reissued a “buy” rating and set a $350.00 target price (up from $300.00) on shares of Amazon.com in a research note on Thursday, April 30th. BNP Paribas Exane boosted their target price on Amazon.com from $320.00 to $345.00 and gave the stock an “outperform” rating in a research note on Tuesday. Finally, Cantor Fitzgerald reissued an “overweight” rating and issued a $330.00 target price (up from $280.00) on shares of Amazon.com in a report on Thursday, April 30th. Fifty-six equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, Amazon.com currently has a consensus rating of “Moderate Buy” and a consensus target price of $313.09.

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.