Amazon.com (NASDAQ:AMZN) CEO Andrew Jassy Sells 19,872 Shares of Stock

Amazon.com, Inc. (NASDAQ:AMZN) CEO Andrew Jassy sold 19,872 shares of the stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $216.94, for a total transaction of $4,311,031.68. Following the sale, the chief executive officer owned 2,208,310 shares in the company, valued at $479,070,771.40. The trade was a 0.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Amazon.com Price Performance

Shares of NASDAQ AMZN traded up $3.39 during midday trading on Tuesday, reaching $229.67. 39,263,330 shares of the company were exchanged, compared to its average volume of 45,413,328. The stock’s 50-day moving average price is $227.66 and its 200-day moving average price is $222.45. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $258.60. The stock has a market cap of $2.46 trillion, a P/E ratio of 35.01, a PEG ratio of 1.52 and a beta of 1.29. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.38. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The company had revenue of $180.17 billion during the quarter, compared to analysts’ expectations of $177.53 billion. During the same period in the prior year, the company posted $1.43 earnings per share. Amazon.com’s revenue for the quarter was up 13.4% compared to the same quarter last year. Amazon.com has set its Q4 2025 guidance at EPS. On average, sell-side analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently issued reports on AMZN. Needham & Company LLC restated a “buy” rating and issued a $265.00 price objective on shares of Amazon.com in a research note on Friday, August 1st. Loop Capital increased their target price on Amazon.com from $300.00 to $360.00 and gave the stock a “buy” rating in a research report on Tuesday, November 18th. Robert W. Baird set a $285.00 price target on Amazon.com and gave the stock an “outperform” rating in a research note on Friday, October 31st. HSBC lifted their target price on shares of Amazon.com from $260.00 to $285.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Finally, Wells Fargo & Company lifted their price target on Amazon.com from $280.00 to $292.00 and gave the stock an “overweight” rating in a research report on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, fifty-seven have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $294.70.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Wilson Asset Management International PTY Ltd. acquired a new stake in Amazon.com in the second quarter worth $11,102,000. ARK Investment Management LLC boosted its position in shares of Amazon.com by 8.3% in the second quarter. ARK Investment Management LLC now owns 1,140,494 shares of the e-commerce giant’s stock valued at $250,213,000 after acquiring an additional 86,978 shares during the period. Flaharty Asset Management LLC raised its stake in shares of Amazon.com by 87.7% in the 1st quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant’s stock valued at $968,000 after buying an additional 2,377 shares in the last quarter. Border to Coast Pensions Partnership Ltd lifted its holdings in Amazon.com by 6.0% during the 2nd quarter. Border to Coast Pensions Partnership Ltd now owns 1,136,311 shares of the e-commerce giant’s stock valued at $249,295,000 after purchasing an additional 63,924 shares during the last quarter. Finally, Alpha Wealth Funds LLC increased its stake in shares of Amazon.com by 172.8% in the 2nd quarter. Alpha Wealth Funds LLC now owns 3,012 shares of the e-commerce giant’s stock valued at $667,000 after buying an additional 1,908 shares during the period. 72.20% of the stock is owned by hedge funds and other institutional investors.

About Amazon.com

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.