Amazon.com (NASDAQ:AMZN) CEO Sells $5,022,500.00 in Stock

Key Points

• Amazon CEO Douglas Herrington sold 20,500 shares at an average of $245.00 for a total of $5,022,500 under a pre-arranged Rule 10b5-1 plan, trimming his stake to 499,861 shares (a 3.94% decrease).
• Market and analyst context: AMZN traded around $249.70 with a $2.69 trillion market cap; the company reported $1.95 EPS (slightly missing estimates) and 13.6% revenue growth, while analysts hold a "Moderate Buy" consensus with a $287.29 target amid AWS/AI tailwinds and mixed news (Globalstar deal, seller boycotts, and other risks).

Amazon.com, Inc. (NASDAQ:AMZN) CEO Douglas Herrington sold 20,500 shares of Amazon.com stock in a transaction dated Tuesday, April 14th. The stock was sold at an average price of $245.00, for a total value of $5,022,500.00. Following the completion of the transaction, the chief executive officer owned 499,861 shares in the company, valued at approximately $122,465,945. This represents a 3.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Amazon.com Trading Up 0.5%

AMZN stock traded up $1.20 during trading on Thursday, hitting $249.70. 41,733,635 shares of the company traded hands, compared to its average volume of 50,266,488. The firm has a market capitalization of $2.69 trillion, a PE ratio of 34.83, a P/E/G ratio of 1.87 and a beta of 1.38. Amazon.com, Inc. has a 1 year low of $165.29 and a 1 year high of $258.60. The company has a 50-day moving average of $212.41 and a 200-day moving average of $224.70. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.88 and a current ratio of 1.05.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 EPS for the quarter, missing analysts' consensus estimates of $1.97 by ($0.02). Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.The company had revenue of $213.39 billion during the quarter, compared to analysts' expectations of $211.02 billion. During the same period last year, the firm earned $1.86 earnings per share. Amazon.com's revenue for the quarter was up 13.6% on a year-over-year basis. Analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Amazon.com

Several institutional investors have recently bought and sold shares of the stock. Fairway Wealth LLC lifted its position in Amazon.com by 113.2% in the third quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant's stock worth $25,000 after buying an additional 60 shares during the last quarter. Sellwood Investment Partners LLC purchased a new stake in shares of Amazon.com in the third quarter valued at $27,000. MilWealth Group LLC raised its stake in shares of Amazon.com by 79.0% in the fourth quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant's stock valued at $41,000 after acquiring an additional 79 shares during the period. Lifetime Wealth Management P.C. bought a new stake in shares of Amazon.com in the 4th quarter worth about $45,000. Finally, Elkhorn Partners Limited Partnership lifted its holdings in shares of Amazon.com by 900.0% in the 4th quarter. Elkhorn Partners Limited Partnership now owns 200 shares of the e-commerce giant's stock worth $46,000 after acquiring an additional 180 shares during the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Amazon.com

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

• Positive Sentiment: Globalstar acquisition seen as strategic leap for Amazon’s Project Kuiper/LEO ambitions and a direct-to-device play that accelerates competition with SpaceX’s Starlink. This deal is a major reason investors pushed AMZN higher. How the Globalstar purchase could turn Amazon’s Leo into a satellite powerhouse
• Positive Sentiment: Wall Street remains broadly constructive: several firms reaffirmed Buy ratings and lifted price targets after the Globalstar news, supporting momentum and multiple expansion in the stock. Citi, Loop Capital Double Down on Amazon Stock (AMZN) after Globalstar Deal
• Positive Sentiment: AWS and AI demand tailwinds: new corporate deals and partnerships (including media/AI cloud work) underscore accelerating AWS revenue drivers and potential long-term margin upside. Amazon (AMZN) Secures Major Fox Media AI Cloud Partnership
• Positive Sentiment: Industry capex signals remain intact — strong forecasts from ASML/TSMC point to continuing hyperscaler AI spend, which benefits AWS and Amazon’s cloud growth outlook. Strong ASML, TSMC forecasts signal AI spending boom is intact
• Neutral Sentiment: Amazon Bedrock/partner integrations continue to show ecosystem leverage — example: Q2 Holdings using Bedrock/Claude Code to accelerate digital banking feature development, highlighting platform monetization opportunities. Amazon Helps Q2 Holdings Update Digital Banking Tools
• Neutral Sentiment: Amazon-backed X‑Energy IPO and partner deals (Lumen/AWS interconnect wins) illustrate Bezos-era diversification into energy/space and continued AWS channel expansion; these are strategic but not immediate EPS drivers. Amazon-backed X-energy files to raise up to $800M in IPO
• Negative Sentiment: Seller revolt and new fuel surcharge: hundreds of large third-party sellers staged an ad boycott to protest policy changes (payment timing + a temporary fuel surcharge). That can hurt marketplace volumes, seller relations, and PR, and may force margin or fee adjustments. Amazon sellers boycott ads in policy change revolt
• Negative Sentiment: Geopolitical/operational pain: reports say an Iran-related surcharge is forcing sellers to absorb costs or raise prices, creating short-term friction and press headlines that could pressure the retail segment. The Iran war is now hitting your Amazon orders — a new fuel surcharge forces sellers to lose money or raise prices
• Negative Sentiment: Legal/consumer-risk headlines: a class action alleges Amazon sabotaged Fire TV Sticks to force upgrades — reputational and potential litigation costs are incremental downside risks to monitor. Amazon sued for allegedly sabotaging Fire TV Sticks to force users to upgrade
• Negative Sentiment: Technical/valuation caution: some analysts and technical reports flag AMZN as overbought since the Globalstar-driven rally, warning a near-term pullback is possible even if fundamentals remain strong. Amazon Stock Is Overbought Amid Globalstar Deal. Is a Pullback Coming?

Analysts Set New Price Targets

AMZN has been the topic of several research analyst reports. BMO Capital Markets reissued an "outperform" rating and set a $310.00 target price (up from $304.00) on shares of Amazon.com in a research note on Tuesday, February 3rd. UBS Group set a $311.00 target price on shares of Amazon.com in a report on Tuesday, February 3rd. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Amazon.com in a research report on Friday, March 27th. Maxim Group increased their target price on shares of Amazon.com from $280.00 to $290.00 and gave the stock a "buy" rating in a report on Friday, February 6th. Finally, Telsey Advisory Group restated an "outperform" rating and set a $300.00 target price on shares of Amazon.com in a research note on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, fifty-four have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, Amazon.com presently has a consensus rating of "Moderate Buy" and a consensus target price of $287.29.

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.

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