Representative Thomas H. Kean, Jr. (Republican-New Jersey) recently bought shares of Amazon.com, Inc. NASDAQ: AMZN. In a filing disclosed on August 18th, the Representative disclosed that they had bought between $1,001 and $15,000 in Amazon.com stock on July 8th. The trade occurred in the Representative's "KEAN FAMILY PARTNERSHIP" account.
Representative Thomas H. Kean, Jr. also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of Stryker NYSE: SYK on 7/22/2026.
- Sold $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOGL on 7/22/2026.
- Purchased $1,001 - $15,000 in shares of Toast NYSE: TOST on 7/8/2026.
- Purchased $1,001 - $15,000 in shares of EQT NYSE: EQT on 7/7/2026.
- Purchased $1,001 - $15,000 in shares of ESAB NYSE: ESAB on 7/7/2026.
- Sold $1,001 - $15,000 in shares of Analog Devices NASDAQ: ADI on 6/30/2026.
- Sold $1,001 - $15,000 in shares of S&P Global NYSE: SPGI on 6/29/2026.
- Sold $1,001 - $15,000 in shares of Markel Group NYSE: MKL on 6/29/2026.
- Sold $1,001 - $15,000 in shares of Johnson & Johnson NYSE: JNJ on 6/29/2026.
- Purchased $1,001 - $15,000 in shares of ESAB NYSE: ESAB on 6/24/2026.
Amazon.com Trading Down 0.6%
Shares of AMZN opened at $258.63 on Friday. The company has a quick ratio of 0.87, a current ratio of 1.03 and a debt-to-equity ratio of 0.23. Amazon.com, Inc. has a 12-month low of $196.00 and a 12-month high of $287.20. The firm has a market capitalization of $2.79 trillion, a PE ratio of 20.81, a price-to-earnings-growth ratio of 1.73 and a beta of 1.45. The stock's fifty day simple moving average is $249.86 and its 200-day simple moving average is $239.34.
Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.82 by $3.93. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. The company had revenue of $200.61 billion for the quarter, compared to analyst estimates of $197.03 billion. During the same quarter last year, the firm earned $1.68 EPS. The company's revenue for the quarter was up 19.6% on a year-over-year basis. As a group, research analysts predict that Amazon.com, Inc. will post 8.05 earnings per share for the current year.
Key Amazon.com News
Here are the key news stories impacting Amazon.com this week:
- Positive Sentiment: AI and AWS remain the main bullish catalysts: Amazon is part of a group of major technology companies expected to spend approximately $615 billion on AI infrastructure this year. AWS growth, a reported $496 billion backlog and an AI annualized revenue run rate above $25 billion reinforce the view that Amazon’s capital spending could translate into stronger long-term cloud revenue. AI infrastructure spending article
- Positive Sentiment: Analyst support is strong: Rosenblatt initiated coverage with a Buy rating and a $335 price target. The broader analyst consensus remains Moderately Buy, with an average target of about $322.56, suggesting substantial potential upside if AWS growth and margins improve. Rosenblatt coverage report
- Positive Sentiment: New growth initiatives could expand Amazon’s ecosystem: Prime Video plans to invest more than $2 billion in Latin America from 2027 through 2030, while the company is targeting drone delivery in nearly 500 U.S. cities and towns. Amazon also selected Austin for a multibillion-dollar robotics facility expected to create up to 500 jobs. Prime Video Latin America investment
- Neutral Sentiment: Anthropic investment offers both strategic value and valuation uncertainty: Amazon’s stake in the AI startup could become highly valuable if reported IPO valuations hold, and Anthropic supports AWS demand. However, some analysts question whether the private company’s potential valuation is justified by its current revenue and cash generation. Anthropic valuation analysis
- Negative Sentiment: Investors are concerned about spending and near-term returns: The $2 billion Prime Video expansion adds to Amazon’s investment burden, while the market is focusing more on underlying cash generation than gains related to the rising value of Anthropic. Amazon Prime Video investment analysis
- Negative Sentiment: Competitive and execution risks remain: SpaceX’s Starlink has more than 11,000 satellites compared with Amazon Leo’s fewer than 1,000, highlighting a significant gap in the satellite broadband race. Drone deliveries also face regulatory, noise, safety and reliability hurdles, including recent delivery mishaps. Starlink and Amazon Leo comparison
Institutional Trading of Amazon.com
Large investors have recently bought and sold shares of the business. Brighton Jones LLC raised its position in shares of Amazon.com by 10.9% in the fourth quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant's stock valued at $885,478,000 after buying an additional 397,007 shares in the last quarter. Revolve Wealth Partners LLC lifted its holdings in shares of Amazon.com by 4.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant's stock worth $5,495,000 after acquiring an additional 986 shares during the period. Bank Pictet & Cie Europe AG boosted its position in shares of Amazon.com by 2.8% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant's stock worth $442,481,000 after acquiring an additional 54,987 shares in the last quarter. Highview Capital Management LLC DE raised its position in Amazon.com by 5.5% during the fourth quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant's stock valued at $6,357,000 after purchasing an additional 1,518 shares in the last quarter. Finally, Liberty Square Wealth Partners LLC bought a new stake in Amazon.com during the fourth quarter worth $2,153,000. 72.20% of the stock is owned by institutional investors.
Insider Buying and Selling at Amazon.com
In other news, CEO Douglas J. Herrington sold 3,741 shares of Amazon.com stock in a transaction on Monday, August 17th. The stock was sold at an average price of $262.76, for a total value of $982,985.16. Following the transaction, the chief executive officer owned 467,138 shares in the company, valued at approximately $122,745,180.88. This trade represents a 0.79% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 6,741 shares of company stock valued at $1,767,335. Company insiders own 8.90% of the company's stock.
Wall Street Analysts Forecast Growth
A number of research analysts have recently weighed in on the company. DA Davidson reissued a "neutral" rating and issued a $250.00 price target on shares of Amazon.com in a research note on Friday, July 31st. Raymond James Financial reaffirmed an "outperform" rating and set a $390.00 price objective (up from $280.00) on shares of Amazon.com in a research note on Friday, July 31st. BMO Capital Markets reissued an "outperform" rating and issued a $360.00 target price (up from $355.00) on shares of Amazon.com in a research note on Tuesday, July 28th. Monness Crespi & Hardt raised their target price on Amazon.com from $315.00 to $330.00 and gave the stock a "buy" rating in a report on Friday, July 31st. Finally, Oppenheimer restated an "outperform" rating on shares of Amazon.com in a research report on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $322.39.
Check Out Our Latest Report on AMZN
About Representative Kean
Thomas Kean Jr. (Republican Party) is a member of the U.S. House, representing New Jersey's 7th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.
Kean (Republican Party) is running for re-election to the U.S. House to represent New Jersey's 7th Congressional District. He declared candidacy for the 2026 election.
Thomas Kean Jr. lives in Westfield, New Jersey. Kean earned a master’s degree from the Tufts University Fletcher School of Law and Diplomacy. His career experience includes working with the Environmental Protection Agency during the George H.W. Bush administration and as an advisor to former U.S. Representative Bob Franks, a firefighter, and an emergency medical technician. Kean has served as the vice president of a fire department.
About Amazon.com
(
Get Free Report)
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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