Amazon.com (NASDAQ:AMZN) Trading Down 1.1% - What's Next?

Key Points

• Amazon.com (NASDAQ:AMZN) shares have decreased by 1.1% to $229.00, with a significant drop in trading volume—86% less than the average session.
• Equities research analysts have overall positive outlooks on Amazon, with multiple upgrades raising the price target to a consensus of $262.87, indicating a "Buy" rating.
• Insider transactions show that Jeff Bezos sold over 4 million shares recently, representing a 0.47% decrease in his position, while institutional investors hold 72.20% of the stock.

Amazon.com, Inc. (NASDAQ:AMZN)'s share price traded down 1.1% during mid-day trading on Friday . The company traded as low as $228.73 and last traded at $229.00. 6,285,290 shares changed hands during trading, a decline of 86% from the average session volume of 43,860,879 shares. The stock had previously closed at $231.60.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. Barclays upped their price target on shares of Amazon.com from $240.00 to $275.00 and gave the company an "overweight" rating in a research note on Friday, August 1st. Bank of America upped their price target on shares of Amazon.com from $265.00 to $272.00 and gave the company a "buy" rating in a research note on Friday, August 1st. Cowen reaffirmed a "buy" rating on shares of Amazon.com in a research note on Friday, August 1st. Wall Street Zen raised shares of Amazon.com from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. Finally, BNP Paribas raised shares of Amazon.com from a "hold" rating to a "strong-buy" rating in a research note on Friday, June 27th. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Amazon.com has a consensus rating of "Buy" and a consensus price target of $262.87.

Amazon.com Trading Down 1.2%

The firm has a market cap of $2.44 trillion, a PE ratio of 34.87, a P/E/G ratio of 1.54 and a beta of 1.31. The company's 50 day moving average price is $223.86 and its two-hundred day moving average price is $208.12. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping the consensus estimate of $1.31 by $0.37. The company had revenue of $167.70 billion for the quarter, compared to the consensus estimate of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm's revenue was up 13.3% compared to the same quarter last year. During the same quarter last year, the firm 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.

Insider Buying and Selling

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the firm'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 transaction, the insider owned 897,722,088 shares of the company's stock, valued at $201,816,902,603.28. This trade represents a 0.47% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Over the last quarter, insiders have sold 25,097,911 shares of company stock valued at $5,675,986,299. Company insiders own 9.70% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its holdings in Amazon.com by 2.1% during the 2nd quarter. Vanguard Group Inc. now owns 849,721,601 shares of the e-commerce giant's stock worth $186,420,422,000 after acquiring an additional 17,447,045 shares in the last quarter. State Street Corp grew its holdings in Amazon.com by 1.4% during the 2nd quarter. State Street Corp now owns 374,097,285 shares of the e-commerce giant's stock worth $82,073,203,000 after acquiring an additional 5,163,208 shares in the last quarter. FMR LLC boosted its holdings in shares of Amazon.com by 0.5% in the 4th quarter. FMR LLC now owns 328,464,225 shares of the e-commerce giant's stock valued at $72,061,766,000 after buying an additional 1,725,664 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Amazon.com by 1.7% in the 2nd quarter. Geode Capital Management LLC now owns 216,717,657 shares of the e-commerce giant's stock valued at $47,332,625,000 after buying an additional 3,721,658 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its holdings in shares of 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 buying an additional 4,087,933 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors.

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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