Amazon.com (NASDAQ:AMZN) Stock Price Down 1.7% - Should You Sell?

Key Points

• Amazon.com (NASDAQ:AMZN) stock decreased by 1.7%, trading at $227.63 after reaching a low of $227.51 during the day.
• Analysts maintain a positive outlook, with target prices ranging from $245.00 to $285.00 and a consensus rating of Buy.
• Insider trading has seen significant activity, including the sale of 25 million shares worth over $5.6 billion in the past 90 days, highlighting potential shifts in investor sentiment.

Amazon.com, Inc. (NASDAQ:AMZN) fell 1.7% on Monday . The stock traded as low as $227.51 and last traded at $227.63. 44,733,975 shares changed hands during trading, an increase of 2% from the average session volume of 43,966,031 shares. The stock had previously closed at $231.48.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on AMZN. Wedbush reiterated an "outperform" rating and set a $250.00 target price on shares of Amazon.com in a research report on Friday. Telsey Advisory Group reiterated an "outperform" rating and set a $265.00 target price on shares of Amazon.com in a research report on Wednesday, August 13th. Pivotal Research lifted their target price on Amazon.com from $260.00 to $285.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Oppenheimer lowered their target price on Amazon.com from $250.00 to $245.00 and set an "outperform" rating on the stock in a research report on Friday, August 1st. Finally, Canaccord Genuity Group reiterated a "buy" rating and set a $280.00 target price on shares of Amazon.com in a research report on Friday, August 1st. Two analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target of $263.30.

Amazon.com Stock Performance

The firm has a 50 day moving average of $227.81 and a 200-day moving average of $209.49. 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 company has a market cap of $2.43 trillion, a P/E ratio of 34.70, a PEG ratio of 1.55 and a beta of 1.30.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, topping analysts' consensus estimates of $1.31 by $0.37. The company had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.Amazon.com's revenue was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Activity at Amazon.com

In related news, VP Shelley Reynolds sold 2,715 shares of the firm's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.64, for a total value of $601,752.60. Following the completion of the transaction, the vice president owned 119,780 shares in the company, valued at $26,548,039.20. This trade represents a 2.22% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Brian T. Olsavsky sold 17,750 shares of the firm's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $222.74, for a total value of $3,953,635.00. Following the completion of the transaction, the chief financial officer owned 49,000 shares of the company's stock, valued at $10,914,260. This trade represents a 26.59% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 25,097,911 shares of company stock valued at $5,676,032,574 over the last 90 days. Insiders own 9.70% of the company's stock.

Institutional Investors Weigh In On Amazon.com

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. GatePass Capital LLC grew its position in Amazon.com by 11.2% during the 2nd quarter. GatePass Capital LLC now owns 5,464 shares of the e-commerce giant's stock worth $1,199,000 after purchasing an additional 549 shares during the period. Caldwell Trust Co acquired a new stake in shares of Amazon.com during the 2nd quarter valued at about $29,363,000. Canal Capital Management LLC grew its position in shares of Amazon.com by 11.9% during the 2nd quarter. Canal Capital Management LLC now owns 43,714 shares of the e-commerce giant's stock valued at $9,590,000 after acquiring an additional 4,645 shares during the period. Milestones Private Investment Advisors LLC acquired a new stake in shares of Amazon.com during the 2nd quarter valued at about $488,000. Finally, Silicon Valley Capital Partners grew its position in shares of Amazon.com by 1.4% during the 2nd quarter. Silicon Valley Capital Partners now owns 167,148 shares of the e-commerce giant's stock valued at $36,671,000 after acquiring an additional 2,253 shares during the period. 72.20% of the stock is owned by institutional investors and hedge funds.

Amazon.com Company Profile

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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