Amazon.com, Inc. (NASDAQ:AMZN) Receives Average Recommendation of "Buy" from Brokerages

Key Points

• Amazon.com, Inc. (NASDAQ:AMZN) has received a consensus recommendation of "Buy" from fifty analysts, with a twelve-month price target averaging $262.87.
• CEO Douglas J. Herrington sold 2,500 shares of Amazon stock for $558,725, representing a 0.48% decrease in their ownership.
• The company reported earnings per share of $1.68 for the last quarter, surpassing estimates and reflecting a 13.3% year-over-year revenue increase.

Amazon.com, Inc. (NASDAQ:AMZN) has been given a consensus recommendation of "Buy" by the fifty analysts that are covering the stock, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation, forty-six have given a buy recommendation and two have issued a strong buy recommendation on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $262.8723.

A number of brokerages have recently weighed in on AMZN. Morgan Stanley reiterated an "overweight" rating on shares of Amazon.com in a research report on Wednesday. Roth Capital set a $250.00 price objective on Amazon.com and gave the stock a "buy" rating in a research report on Tuesday, July 8th. DA Davidson lifted their price objective on Amazon.com from $230.00 to $265.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. Wells Fargo & Company lifted their price target on Amazon.com from $238.00 to $245.00 and gave the company an "equal weight" rating in a research report on Tuesday, July 29th. Finally, Canaccord Genuity Group restated a "buy" rating and set a $280.00 price target on shares of Amazon.com in a research report on Friday, August 1st.

Insider Activity at Amazon.com

In related news, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $223.49, for a total transaction of $558,725.00. Following the sale, the chief executive officer directly owned 518,007 shares in the company, valued at $115,769,384.43. The trade was a 0.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP David Zapolsky sold 13,570 shares of Amazon.com stock in a transaction that occurred 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 sale, the senior vice president owned 44,110 shares in the company, valued at $9,825,943.60. This represents a 23.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 25,097,911 shares of company stock valued at $5,676,032,574 over the last ninety days. Insiders own 10.80% of the company's stock.

Institutional Investors Weigh In On Amazon.com

Hedge funds have recently added to or reduced their stakes in the stock. Castlekeep Investment Advisors LLC bought a new stake in Amazon.com in the fourth quarter worth $25,000. Carderock Capital Management Inc. bought a new stake in Amazon.com in the second quarter worth $27,000. Cooksen Wealth LLC bought a new stake in Amazon.com in the first quarter worth $36,000. Inlight Wealth Management LLC bought a new stake in Amazon.com in the first quarter worth $40,000. Finally, Capitol Family Office Inc. bought a new stake in Amazon.com in the first quarter worth $42,000. 72.20% of the stock is owned by institutional investors.

Amazon.com Price Performance

Shares of AMZN stock opened at $228.15 on Monday. The firm has a market cap of $2.43 trillion, a P/E ratio of 34.78, a P/E/G ratio of 1.53 and a beta of 1.31. Amazon.com has a fifty-two week low of $161.38 and a fifty-two week high of $242.52. The business's 50 day moving average price is $226.87 and its 200-day moving average price is $208.58. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued 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. The firm had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business's quarterly revenue was up 13.3% compared to the same quarter last year. During the same period last year, the company earned $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities research analysts anticipate that Amazon.com will post 6.31 earnings per share for the current 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.

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