Amazon.com (NASDAQ:AMZN) VP Sells $620,003.94 in Stock

Amazon.com, Inc. (NASDAQ:AMZN) VP Shelley Reynolds sold 2,363 shares of Amazon.com stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $262.38, for a total value of $620,003.94. Following the transaction, the vice president owned 119,780 shares of the company’s stock, valued at $31,427,876.40. The trade was a 1.93% 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 Stock Performance

NASDAQ AMZN traded down $1.03 during trading on Tuesday, reaching $265.29. 37,952,955 shares of the company’s stock were exchanged, compared to its average volume of 48,463,938. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.18 and a quick ratio of 1.01. The business has a 50 day moving average price of $240.63 and a 200-day moving average price of $231.82. The stock has a market capitalization of $2.85 trillion, a P/E ratio of 31.73, a PEG ratio of 1.99 and a beta of 1.46. Amazon.com, Inc. has a fifty-two week low of $196.00 and a fifty-two week high of $278.56.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 EPS for the quarter, topping the consensus estimate of $1.63 by $1.15. The company had revenue of $181.52 billion during the quarter, compared to the consensus estimate of $177.28 billion. Amazon.com had a return on equity of 19.92% and a net margin of 12.22%.The firm’s revenue for the quarter was up 16.6% compared to the same quarter last year. During the same period in the previous year, the company posted $1.59 EPS. Sell-side analysts forecast that Amazon.com, Inc. will post 7.71 earnings per share for the current fiscal year.

Key Stories Impacting Amazon.com

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

• Positive Sentiment: Several recent articles highlight bullish views on Amazon’s growth outlook, including upgrades and pieces arguing the stock still has meaningful upside thanks to AWS re-acceleration, advertising growth, and margin expansion. Amazon: You Might Not Find A Better Chance To Double Down Now (Rating Upgrade)
• Positive Sentiment: Wall Street sentiment remains constructive, with multiple buy/overweight ratings and recent price targets well above the current trading range, reinforcing expectations for continued upside. Jeff Bezos Says If Amazon Were Run Like NYC Schools…
• Positive Sentiment: Amazon is also being grouped with other AI leaders as the market rewards companies with heavy AI investment and strong balance sheets, which supports the stock’s momentum. Google, Meta, Amazon, and 6 other tech stocks powering the stock market’s profit excitement
• Positive Sentiment: Amazon’s latest quarterly results were already strong, with revenue growth and earnings beating expectations, giving investors confidence that the business is still executing well. Amazon.com Trading Down 0.4%
• Neutral Sentiment: Fresh headlines about Amazon rival Stord raising nearly $250 million for logistics expansion are more of a competitive backdrop than an immediate threat, but they remind investors that Amazon’s logistics and AI fulfillment advantage will keep attracting challengers. Stord Banks $250 Million to Topple Amazon’s (AMZN) AI Logistics Grip
• Negative Sentiment: Some commentary remains cautious, with a few articles questioning Amazon’s valuation and margin math, suggesting investors are still watching whether growth can translate into sustained profitability. Amazon: The Numbers Might Not Add Up
• Negative Sentiment: One competitive concern is that new logistics funding and broader AI competition could increase pressure on Amazon to keep spending aggressively to defend its market position. ‘I Would Wait,’ Says Top Investor About Amazon Stock

Institutional Trading of Amazon.com

A number of institutional investors have recently bought and sold shares of the business. Red Crane Wealth Management LLC increased its stake in Amazon.com by 2.3% during the 1st 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 raised its holdings in Amazon.com by 0.7% in the 1st quarter. Robinson Smith Wealth Advisors LLC now owns 5,509 shares of the e-commerce giant’s stock valued at $1,147,000 after acquiring an additional 40 shares in the last quarter. Sfam LLC lifted its position in shares of Amazon.com by 3.4% during the 1st quarter. Sfam LLC now owns 1,224 shares of the e-commerce giant’s stock valued at $255,000 after acquiring an additional 40 shares during the period. Measured Risk Portfolios Inc. grew its holdings in shares of Amazon.com by 3.4% during the 1st 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, Lifelong Wealth Advisors Inc. grew its holdings in shares of Amazon.com by 2.4% during the 4th quarter. Lifelong Wealth Advisors Inc. now owns 1,740 shares of the e-commerce giant’s stock worth $402,000 after purchasing an additional 41 shares in the last quarter. Institutional investors own 72.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on AMZN shares. Oppenheimer increased their price objective on shares of Amazon.com from $275.00 to $320.00 and gave the company an “outperform” rating in a research report on Thursday, April 30th. Rosenblatt Securities lifted their target price on shares of Amazon.com from $296.00 to $332.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Cantor Fitzgerald reissued an “overweight” rating and issued a $330.00 price target (up from $280.00) on shares of Amazon.com in a report on Thursday, April 30th. Monness Crespi & Hardt raised their price objective on shares of Amazon.com from $280.00 to $315.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Finally, Royal Bank Of Canada set a $320.00 price objective on Amazon.com and gave the stock an “outperform” rating in a report on Thursday, April 30th. Fifty-seven equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $312.66.

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.