Amazon.com, Inc. (NASDAQ:AMZN)'s stock price traded down 1.3% during mid-day trading on Friday after an insider sold shares in the company. The stock traded as low as $219.34 and last traded at $219.51. 43,449,342 shares were traded during mid-day trading, a decline of 2% from the average session volume of 44,189,172 shares. The stock had previously closed at $222.41.
Specifically, CEO Douglas J. Herrington sold 2,500 shares of the firm's stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $217.10, for a total transaction of $542,750.00. Following the transaction, the chief executive officer directly owned 515,507 shares in the company, valued at $111,916,569.70. This trade represents a 0.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.
Analyst Upgrades and Downgrades
Several equities analysts have recently commented on AMZN shares. Monness Crespi & Hardt raised their price target on Amazon.com from $265.00 to $275.00 and gave the company a "buy" rating in a research note on Friday, August 1st. Westpark Capital reiterated a "buy" rating and set a $280.00 target price on shares of Amazon.com in a report on Friday, August 1st. Needham & Company LLC restated a "buy" rating and issued a $265.00 price target on shares of Amazon.com in a report on Friday, August 1st. Robert W. Baird lifted their price objective on shares of Amazon.com from $220.00 to $244.00 and gave the company an "outperform" rating in a report on Monday, July 21st. Finally, Evercore ISI reissued an "outperform" rating and issued a $280.00 price objective on shares of Amazon.com in a research note on Wednesday, August 13th. Three investment analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of $266.26.
Read Our Latest Research Report on AMZN
Amazon.com Stock Performance
The firm has a fifty day moving average price of $226.55 and a 200 day moving average price of $211.02. 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 stock has a market cap of $2.34 trillion, a PE ratio of 33.46, a price-to-earnings-growth ratio of 1.49 and a beta of 1.28.
Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, beating analysts' consensus estimates of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company had revenue of $167.70 billion during the quarter, compared to analysts' expectations of $161.80 billion. During the same period last year, the business posted $1.26 earnings per share. The firm's revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. Research analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.
Institutional Trading of Amazon.com
Several large investors have recently bought and sold shares of AMZN. Castlekeep Investment Advisors LLC acquired a new stake in Amazon.com during the 4th quarter worth about $25,000. Carderock Capital Management Inc. purchased a new position in shares of Amazon.com in the second quarter worth about $27,000. Cooksen Wealth LLC acquired a new stake in shares of Amazon.com during the first quarter worth about $36,000. Inlight Wealth Management LLC purchased a new stake in Amazon.com in the first quarter valued at approximately $40,000. Finally, Capitol Family Office Inc. purchased a new stake in Amazon.com in the first quarter valued at approximately $42,000. Hedge funds and other institutional investors own 72.20% of the company's stock.
About Amazon.com
(
Get Free Report)
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.
Further Reading
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