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Amazon.com (NASDAQ:AMZN) Stock Acquired Rep. Cleo Fields

Amazon.com logo with Retail/Wholesale background

Key Points

  • Representative Cleo Fields purchased between $100,001 and $250,000 in Amazon.com stock on July 29th, reflecting his confidence in the company's performance.
  • Amazon.com reported earnings per share of $1.68 for the latest quarter, exceeding estimates and showing a significant year-over-year revenue increase of 13.3%.
  • Despite the recent sales by insiders, institutional ownership of Amazon.com is robust, with 72.20% of the stock held by institutional investors and hedge funds.
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Representative Cleo Fields (D-Louisiana) recently bought shares of Amazon.com, Inc. NASDAQ: AMZN. In a filing disclosed on August 06th, the Representative disclosed that they had bought between $100,001 and $250,000 in Amazon.com stock on July 29th. The trade occurred in the Representative's "MORGAN STANLEY - E*TRADE #2" account.

Representative Cleo Fields also recently made the following trade(s):

  • Purchased $15,001 - $50,000 in shares of Advanced Micro Devices NASDAQ: AMD on 7/30/2025.
  • Purchased $100,001 - $250,000 in shares of Alphabet NASDAQ: GOOG on 7/30/2025.
  • Purchased $100,001 - $250,000 in shares of Apple NASDAQ: AAPL on 7/29/2025.
  • Purchased $15,001 - $50,000 in shares of Broadcom NASDAQ: AVGO on 7/29/2025.
  • Purchased $15,001 - $50,000 in shares of McDonald's NYSE: MCD on 7/29/2025.
  • Purchased $50,001 - $100,000 in shares of Meta Platforms NASDAQ: META on 7/29/2025.
  • Purchased $250,001 - $500,000 in shares of NVIDIA NASDAQ: NVDA on 7/29/2025.
  • Purchased $50,001 - $100,000 in shares of Alphabet NASDAQ: GOOG on 7/29/2025.
  • Purchased $100,001 - $250,000 in shares of Microsoft NASDAQ: MSFT on 7/29/2025.
  • Purchased $50,001 - $100,000 in shares of Microsoft NASDAQ: MSFT on 7/29/2025.

Amazon.com Price Performance

Amazon.com stock opened at $223.13 on Friday. The firm has a fifty day moving average of $219.27 and a 200-day moving average of $209.03. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $242.52. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $2.38 trillion, a P/E ratio of 34.01, a PEG ratio of 1.50 and a beta of 1.31.

Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $161.80 billion. During the same period last year, the company posted $1.26 earnings per share. The firm's revenue was up 13.3% compared to the same quarter last year. As a group, analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

Institutional Investors Weigh In On Amazon.com

Several large investors have recently added to or reduced their stakes in AMZN. Vanguard Group Inc. increased its stake in shares of Amazon.com by 1.1% in the first quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant's stock valued at $158,348,557,000 after purchasing an additional 8,913,959 shares during the period. FMR LLC grew its holdings in Amazon.com by 0.5% in the 4th quarter. FMR LLC now owns 328,464,225 shares of the e-commerce giant's stock worth $72,061,766,000 after buying an additional 1,725,664 shares in the last quarter. Geode Capital Management LLC increased its position in Amazon.com by 2.5% in the 4th quarter. Geode Capital Management LLC now owns 204,930,426 shares of the e-commerce giant's stock valued at $44,837,256,000 after acquiring an additional 5,015,380 shares during the period. Price T Rowe Associates Inc. MD increased its position in Amazon.com by 2.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 182,813,905 shares of the e-commerce giant's stock valued at $40,107,544,000 after acquiring an additional 4,087,933 shares during the period. Finally, Kingstone Capital Partners Texas LLC grew its stake in shares of Amazon.com by 542,733.6% in the second quarter. Kingstone Capital Partners Texas LLC now owns 132,641,388 shares of the e-commerce giant's stock worth $29,100,194,000 after purchasing an additional 132,616,953 shares in the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on AMZN shares. Pivotal Research upped their price target on Amazon.com from $260.00 to $285.00 and gave the stock a "buy" rating in a report on Friday, August 1st. Canaccord Genuity Group restated a "buy" rating and issued a $280.00 target price on shares of Amazon.com in a research note on Friday, August 1st. Truist Financial raised their price target on shares of Amazon.com from $226.00 to $250.00 and gave the company a "buy" rating in a report on Wednesday, July 2nd. Benchmark reiterated a "buy" rating and issued a $260.00 price objective on shares of Amazon.com in a report on Friday, May 2nd. Finally, Citigroup raised their target price on Amazon.com from $265.00 to $270.00 and gave the company a "buy" rating in a research note on Friday, August 1st. One research analyst has rated the stock with a hold rating, forty-seven have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $262.45.

View Our Latest Analysis on Amazon.com

Insider Activity at Amazon.com

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the company's stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $224.81, for a total value of $960,666,409.97. Following the completion of the sale, the insider owned 897,722,088 shares of the company's stock, valued at $201,816,902,603.28. This represents a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders sold 25,102,037 shares of company stock worth $5,674,937,048 over the last quarter. 9.70% of the stock is currently owned by company insiders.

About Representative FIELDS

Cleo Fields (Democratic Party) is a member of the U.S. House, representing Louisiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Fields (Democratic Party) is running for re-election to the U.S. House to represent Louisiana's 6th Congressional District. He declared candidacy for the primary scheduled on November 3, 2026. Cleo Fields graduated from McKinley High School in 1980. He earned a bachelor's degree in mass communications from Southern University in 1984 and a J.D. from the Southern University Law Center in 1987. His career experience includes working as a state legislator and U.S. congressman. When Fields was elected to the Louisiana State Senate in 1986, he was the youngest person ever elected to the State Senate in Louisiana’s history. In 1995, Fields ran for governor of Louisiana, becoming the first African American since reconstruction to make the runoff.

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.

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