Amazon.com (NASDAQ:AMZN) SVP Sells $1,572,934.00 in Stock

Key Points

• Amazon.com SVP David Zapolsky sold a total of $4.6 million in stock over two transactions, reducing his ownership by 10.96%.
• The company's stock experienced a slight decline of 0.4% on Monday, trading at $227.94 with a market capitalization of $2.43 trillion.
• Amazon's most recent earnings report showed $1.68 earnings per share, surpassing expectations and reflecting a 13.3% increase in revenue compared to the previous year.

Amazon.com, Inc. (NASDAQ:AMZN) SVP David Zapolsky sold 7,100 shares of the stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $221.54, for a total value of $1,572,934.00. Following the completion of the transaction, the senior vice president owned 57,680 shares in the company, valued at $12,778,427.20. The trade was a 10.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

David Zapolsky also recently made the following trade(s):

• On Friday, August 22nd, David Zapolsky sold 13,570 shares of Amazon.com stock. The stock was sold at an average price of $222.76, for a total value of $3,022,853.20.

Amazon.com Trading Down 0.4%

Amazon.com stock traded down $0.90 during mid-day trading on Monday, hitting $227.94. The stock had a trading volume of 22,446,394 shares, compared to its average volume of 44,411,660. The stock has a 50-day simple moving average of $222.63 and a two-hundred day simple moving average of $207.85. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. The stock has a market capitalization of $2.43 trillion, a PE ratio of 34.75, a P/E/G ratio of 1.54 and a beta of 1.31. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $242.52.

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

Wall Street Analyst Weigh In

Several analysts have commented on AMZN shares. Cantor Fitzgerald upped their target price on shares of Amazon.com from $260.00 to $280.00 and gave the company an "overweight" rating in a research report on Friday, August 1st. Canaccord Genuity Group reiterated a "buy" rating and issued a $280.00 price objective on shares of Amazon.com in a report on Friday, August 1st. Telsey Advisory Group reissued an "outperform" rating and issued a $265.00 target price on shares of Amazon.com in a research note on Wednesday, August 13th. Zacks Research lowered Amazon.com from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 19th. Finally, HSBC upped their price target on Amazon.com from $240.00 to $256.00 in a research note on Tuesday, July 22nd. Two analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Amazon.com has an average rating of "Buy" and a consensus target price of $262.87.

Hedge Funds Weigh In On Amazon.com

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Prudent Man Investment Management Inc. bought a new position in shares of Amazon.com in the fourth quarter valued at $27,000. Carderock Capital Management Inc. bought a new position in shares of Amazon.com in the 2nd quarter valued at about $27,000. LSV Asset Management bought a new position in shares of Amazon.com in the 4th quarter valued at about $35,000. Perritt Capital Management Inc increased its stake in shares of Amazon.com by 72.7% during the 4th quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant's stock worth $42,000 after purchasing an additional 80 shares during the last quarter. Finally, Cooksen Wealth LLC acquired a new position in shares of Amazon.com during the 1st quarter worth about $36,000. 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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