Amazon.com (NASDAQ:AMZN) Given "Buy" Rating at Jefferies Financial Group

Key Points

• Jefferies Financial Group has reinstated a "buy" rating on Amazon.com (NASDAQ: AMZN), reflecting confidence in the stock's performance.
• The average consensus price target for Amazon.com is $266.26, with several analysts raising their targets and ratings recently.
• Insider trading activity included Amazon CFO Brian T. Olsavsky selling 17,750 shares at an average price of $222.74, marking a significant reduction in his holding.

Amazon.com (NASDAQ:AMZN)'s stock had its "buy" rating restated by analysts at Jefferies Financial Group in a research note issued on Monday,MarketScreener reports.

A number of other equities analysts have also weighed in on AMZN. Weiss Ratings reiterated a "buy (b-)" rating on shares of Amazon.com in a research note on Wednesday, October 8th. Robert W. Baird raised their target price on Amazon.com from $220.00 to $244.00 and gave the company an "outperform" rating in a research report on Monday, July 21st. BNP Paribas Exane upgraded Amazon.com from a "neutral" rating to an "outperform" rating and set a $254.00 price target for the company in a research note on Friday, June 27th. Zacks Research lowered Amazon.com from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 19th. Finally, The Goldman Sachs Group upped their target price on Amazon.com from $240.00 to $275.00 and gave the stock a "buy" rating in a research note on Friday, October 3rd. Three equities research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of $266.26.

Amazon.com Trading Up 0.6%

AMZN stock opened at $214.25 on Monday. Amazon.com has a fifty-two week low of $161.38 and a fifty-two week high of $242.52. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The firm has a market cap of $2.28 trillion, a PE ratio of 32.64, a price-to-earnings-growth ratio of 1.41 and a beta of 1.28. The firm has a fifty day moving average price of $225.66 and a 200 day moving average price of $212.88.

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, beating analysts' consensus estimates of $1.31 by $0.37. The company had revenue of $167.70 billion for the quarter, compared to the consensus estimate of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm's revenue for the quarter was up 13.3% compared to the same quarter last year. During the same quarter last year, the company earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. Sell-side analysts anticipate that Amazon.com will post 6.31 earnings per share for the current fiscal year.

Insider Transactions at Amazon.com

In other Amazon.com news, CFO Brian T. Olsavsky sold 17,750 shares of Amazon.com stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $222.74, for a total value of $3,953,635.00. Following the transaction, the chief financial officer directly owned 49,000 shares in the company, valued at approximately $10,914,260. The trade was a 26.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $217.10, for a total value of $542,750.00. Following the completion of the sale, the chief executive officer directly owned 515,507 shares in the company, valued at $111,916,569.70. This represents a 0.48% decrease in their position. The disclosure for this sale can be found here. Insiders sold 6,591,479 shares of company stock valued at $1,512,698,663 over the last quarter. 10.80% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Amazon.com

Institutional investors have recently modified their holdings of the company. Carderock Capital Management Inc. bought a new position in Amazon.com in the second quarter worth about $27,000. Cooksen Wealth LLC purchased a new stake in shares of Amazon.com in the first quarter valued at $36,000. Inlight Wealth Management LLC purchased a new stake in Amazon.com in the 1st quarter worth approximately $40,000. Capitol Family Office Inc. purchased a new position in shares of Amazon.com during the 1st quarter valued at $42,000. Finally, Maryland Capital Advisors Inc. increased its stake in shares of Amazon.com by 81.9% in the second quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant's stock worth $46,000 after acquiring an additional 95 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company's stock.

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.

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