Amazon.com (NASDAQ:AMZN) VP Sells $601,752.60 in Stock

Key Points

• Amazon.com VP Shelley Reynolds sold 2,715 shares of stock for a total of $601,752.60, resulting in a 2.22% decrease in her ownership.
• The company's stock is currently down 0.4%, trading at $227.94, with a market capitalization of $2.43 trillion.
• Analysts have recently raised their price targets for Amazon.com, with estimates now ranging from $250.00 to $280.00, indicating a generally positive outlook.

Amazon.com, Inc. (NASDAQ:AMZN) VP Shelley Reynolds sold 2,715 shares of the business's stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.64, for a total transaction of $601,752.60. Following the completion of the sale, the vice president directly owned 119,780 shares of the company's stock, valued at $26,548,039.20. This represents a 2.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Amazon.com Stock Down 0.4%

Shares of Amazon.com stock traded down $0.90 during midday trading on Monday, reaching $227.94. 22,446,394 shares of the company's stock traded hands, compared to its average volume of 44,411,660. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52. The company's 50 day simple moving average is $222.63 and its 200 day simple moving average is $207.85. The company has a market cap of $2.43 trillion, a price-to-earnings ratio of 34.75, a price-to-earnings-growth ratio of 1.54 and a beta of 1.31.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its 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. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm had revenue of $167.70 billion for the quarter, compared to the consensus estimate of $161.80 billion. During the same period in the prior year, the business posted $1.26 earnings per share. The business's quarterly revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. Equities analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Amazon.com

Several institutional investors and hedge funds have recently added to or reduced their stakes in AMZN. Promus Capital LLC raised its holdings in Amazon.com by 10.2% in the 2nd quarter. Promus Capital LLC now owns 11,148 shares of the e-commerce giant's stock valued at $2,446,000 after acquiring an additional 1,028 shares in the last quarter. Hilltop Partners LLC lifted its position in Amazon.com by 14.0% in the second quarter. Hilltop Partners LLC now owns 15,507 shares of the e-commerce giant's stock worth $3,402,000 after purchasing an additional 1,899 shares during the period. Fulcrum Equity Management boosted its stake in Amazon.com by 11.0% during the second quarter. Fulcrum Equity Management now owns 3,907 shares of the e-commerce giant's stock worth $857,000 after buying an additional 388 shares in the last quarter. BLVD Private Wealth LLC bought a new stake in Amazon.com in the 2nd quarter valued at $930,000. Finally, Carter Financial Group INC. bought a new stake in Amazon.com in the 2nd quarter valued at $1,993,000. 72.20% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on AMZN shares. Susquehanna boosted their target price on Amazon.com from $225.00 to $260.00 and gave the stock a "positive" rating in a report on Friday, August 1st. Wedbush lifted their price target on shares of Amazon.com from $235.00 to $250.00 and gave the company an "outperform" rating in a research report on Wednesday, July 30th. Jefferies Financial Group boosted their price objective on shares of Amazon.com from $255.00 to $265.00 in a research note on Wednesday, July 16th. Piper Sandler raised their target price on shares of Amazon.com from $250.00 to $255.00 and gave the company an "overweight" rating in a research note on Friday, August 1st. Finally, BMO Capital Markets lifted their target price on shares of Amazon.com from $270.00 to $280.00 and gave the stock an "outperform" rating in a report on Friday, August 1st. Two analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Buy" and an average price target of $262.87.

About Amazon.com

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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