Amazon.com, Inc. (NASDAQ:AMZN)'s share price was down 1.7% on Tuesday . The stock traded as low as $212.60 and last traded at $216.39. Approximately 45,268,891 shares changed hands during trading, an increase of 2% from the average daily volume of 44,261,504 shares. The stock had previously closed at $220.07.
Analyst Upgrades and Downgrades
A number of analysts recently issued reports on the company. Morgan Stanley reissued an "overweight" rating on shares of Amazon.com in a report on Wednesday, September 10th. Wolfe Research boosted their price objective on shares of Amazon.com from $265.00 to $270.00 in a research report on Tuesday, September 30th. JMP Securities reiterated a "market outperform" rating and set a $285.00 price target on shares of Amazon.com in a research report on Friday, August 1st. Mizuho set a $300.00 target price on shares of Amazon.com and gave the stock an "outperform" rating in a research report on Monday, September 29th. Finally, Evercore ISI reissued an "outperform" rating and set a $280.00 price objective on shares of Amazon.com in a research report on Wednesday, August 13th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of $266.26.
Get Our Latest Stock Analysis on AMZN
Amazon.com Trading Down 1.7%
The stock has a market capitalization of $2.31 trillion, a P/E ratio of 32.99, a PEG ratio of 1.43 and a beta of 1.28. The stock's fifty day moving average price is $226.10 and its 200 day moving average price is $212.16. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81.
Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business had revenue of $167.70 billion for the quarter, compared to the consensus estimate of $161.80 billion. During the same quarter in the prior year, the company earned $1.26 EPS. The business's revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. Research analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current year.
Insiders Place Their Bets
In other Amazon.com news, CEO Douglas J. Herrington sold 2,500 shares of the firm's stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $217.10, for a total value of $542,750.00. Following the completion of the sale, the chief executive officer directly owned 515,507 shares in the company, valued at $111,916,569.70. This trade represents a 0.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 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 sale, the chief financial officer directly owned 49,000 shares of the company's stock, valued at $10,914,260. The trade was a 26.59% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 10,864,716 shares of company stock worth $2,486,013,854. Insiders own 10.80% of the company's stock.
Institutional Trading of Amazon.com
A number of institutional investors have recently bought and sold shares of the stock. Kingstone Capital Partners Texas LLC lifted its holdings in 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 valued at $29,100,194,000 after acquiring an additional 132,616,953 shares during the period. Norges Bank acquired a new position in shares of Amazon.com during the 2nd quarter worth about $27,438,011,000. Nuveen LLC acquired a new position in shares of Amazon.com during the first quarter valued at approximately $11,674,091,000. Vanguard Group Inc. raised its stake in Amazon.com by 2.1% in the 2nd quarter. Vanguard Group Inc. now owns 849,721,601 shares of the e-commerce giant's stock valued at $186,420,422,000 after purchasing an additional 17,447,045 shares during the last quarter. Finally, Laurel Wealth Advisors LLC raised its position in shares of Amazon.com by 22,085.8% in the second quarter. Laurel Wealth Advisors LLC now owns 12,177,557 shares of the e-commerce giant's stock valued at $2,671,634,000 after buying an additional 12,122,668 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.
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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