Amazon.com (NASDAQ:AMZN) SVP David Zapolsky Sells 6,172 Shares of Stock

Amazon.com, Inc. (NASDAQ:AMZN) SVP David Zapolsky sold 6,172 shares of the business’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $259.14, for a total transaction of $1,599,412.08. Following the completion of the sale, the senior vice president directly owned 50,448 shares of the company’s stock, valued at approximately $13,073,094.72. The trade was a 10.90% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

David Zapolsky also recently made the following trade(s):

• On Monday, August 24th, David Zapolsky sold 9,258 shares of Amazon.com stock. The shares were sold at an average price of $259.77, for a total transaction of $2,404,950.66.

Amazon.com Price Performance

Shares of NASDAQ AMZN traded down $1.01 during trading on Tuesday, hitting $261.06. The company had a trading volume of 25,446,790 shares, compared to its average volume of 48,878,555. The stock has a fifty day simple moving average of $250.18 and a two-hundred day simple moving average of $239.48. Amazon.com, Inc. has a fifty-two week low of $196.00 and a fifty-two week high of $287.20. The firm has a market capitalization of $2.82 trillion, a price-to-earnings ratio of 21.00, a price-to-earnings-growth ratio of 1.72 and a beta of 1.45. The company has a quick ratio of 0.87, a current ratio of 1.03 and a debt-to-equity ratio of 0.23.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 EPS for the quarter, topping analysts’ consensus estimates of $1.82 by $3.93. The business had revenue of $200.61 billion during the quarter, compared to analysts’ expectations of $197.03 billion. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. The company’s quarterly revenue was up 19.6% on a year-over-year basis. During the same quarter in the previous year, the company 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 year.

Analyst Upgrades and Downgrades

AMZN has been the subject of several research reports. TD Cowen reiterated a “buy” rating and set a $350.00 price target (up from $340.00) on shares of Amazon.com in a research report on Friday, July 31st. Barclays restated an “overweight” rating and issued a $365.00 price objective (up from $330.00) on shares of Amazon.com in a report on Friday, July 31st. China Renaissance lifted their target price on shares of Amazon.com from $300.00 to $326.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Susquehanna reaffirmed a “positive” rating and set a $325.00 target price (up from $300.00) on shares of Amazon.com in a report on Thursday, April 30th. Finally, Telsey Advisory Group set a $335.00 target price on shares of Amazon.com and gave the company an “outperform” rating in a research report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Amazon.com currently has an average rating of “Moderate Buy” and an average price target of $322.39.

Amazon.com News Summary

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

• Positive Sentiment: AWS and AI remain the main bullish catalysts. Analysts and commentators point to accelerating AWS demand, a reported $496 billion backlog and the potential for AWS revenue to approach $1 trillion annually over time. Amazon’s relationships with Anthropic and OpenAI could further increase cloud usage and reinforce its position in the AI infrastructure market. AWS backlog article AWS revenue outlook article
• Positive Sentiment: Wall Street remains constructive. Citizens reiterated a Market Outperform rating with a $315 price target, while the cited analyst consensus includes a median target near $320. Recent earnings also showed strong momentum, with second-quarter revenue of roughly $200.6 billion, up nearly 20% year over year. Amazon analyst rating article
• Positive Sentiment: New growth initiatives add longer-term optionality. Amazon is expanding Zoox robotaxi operations and plans to broaden Prime Air drone delivery. It is also developing “Project Tetromino,” an automated delivery-station concept that could process packages 2.5 times faster, potentially improving logistics efficiency and labor economics. Zoox robotaxi article
• Neutral Sentiment: Anthropic’s expected IPO could revalue Amazon’s AI exposure. Its S-1 filing may provide investors with more information about Anthropic’s growth, valuation and Amazon’s strategic investment, but the outcome could either validate or challenge current AI-related expectations. Anthropic S-1 article
• Negative Sentiment: AI infrastructure spending is pressuring cash flow. Amazon’s free cash flow reportedly fell negative by $7.6 billion despite higher operating cash flow, reflecting the cost of its aggressive AI-capital-expenditure program. Investors remain focused on whether future AWS growth will produce adequate returns on that investment. Amazon free cash flow article
• Negative Sentiment: Hardware costs and policy risks are rising. Amazon increased prices on Echo, Fire TV, Kindle and other devices by as much as 60% because of memory shortages linked to AI data-center demand. Proposed AI advertising-disclosure rules, New York City scrutiny of delivery operations and continued competition from Walmart add further uncertainty. Amazon hardware price increase article

Hedge Funds Weigh In On Amazon.com

Several institutional investors have recently bought and sold shares of AMZN. Red Crane Wealth Management LLC increased its position in shares of Amazon.com by 2.3% during the first quarter. Red Crane Wealth Management LLC now owns 1,663 shares of the e-commerce giant’s stock worth $346,000 after acquiring an additional 38 shares during the period. Robinson Smith Wealth Advisors LLC increased its stake in Amazon.com by 0.7% in the first quarter. Robinson Smith Wealth Advisors LLC now owns 5,509 shares of the e-commerce giant’s stock valued at $1,147,000 after purchasing an additional 40 shares during the last quarter. Sfam LLC increased its stake in Amazon.com by 3.4% in the first quarter. Sfam LLC now owns 1,224 shares of the e-commerce giant’s stock valued at $255,000 after purchasing an additional 40 shares during the last quarter. Measured Risk Portfolios Inc. raised its holdings in Amazon.com by 3.4% during the first quarter. Measured Risk Portfolios Inc. now owns 1,206 shares of the e-commerce giant’s stock worth $251,000 after purchasing an additional 40 shares in the last quarter. Finally, CoreFirst Bank & Trust raised its holdings in Amazon.com by 1.1% during the first quarter. CoreFirst Bank & Trust now owns 3,620 shares of the e-commerce giant’s stock worth $754,000 after purchasing an additional 40 shares in the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

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.