Amazon.com (NASDAQ:AMZN) CEO Sells $251,500.00 in Stock

Key Points

• Amazon CEO Douglas Herrington sold 1,000 shares for approximately $251,500 at an average price of $251.50. The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan, leaving him with 474,681 shares.
• Amazon shares recently traded near $251, with a $2.71 trillion market capitalization and a P/E ratio of 20.23. The stock remains below its 52-week high of $287.20 but above its 52-week low of $196.00.
• Analyst sentiment remains favorable, with 56 Buy ratings and three Holds producing a “Moderate Buy” consensus and an average price target of $321.63. Amazon also reported quarterly revenue growth of 19.6% and earnings that exceeded analyst expectations.

Amazon.com, Inc. (NASDAQ:AMZN) CEO Douglas Herrington sold 1,000 shares of Amazon.com stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $251.50, for a total value of $251,500.00. Following the transaction, the chief executive officer directly owned 474,681 shares in the company, valued at approximately $119,382,271.50. The trade was a 0.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Amazon.com Price Performance

Shares of NASDAQ:AMZN traded down $0.12 during trading on Monday, hitting $251.40. 37,606,426 shares of the company's stock were exchanged, compared to its average volume of 46,816,602. Amazon.com, Inc. has a 52-week low of $196.00 and a 52-week high of $287.20. The business's 50-day simple moving average is $257.06 and its 200 day simple moving average is $248.51. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.03 and a quick ratio of 0.87. The company has a market cap of $2.71 trillion, a price-to-earnings ratio of 20.23, a PEG ratio of 1.95 and a beta of 1.45.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.82 by $3.93. The firm had revenue of $200.61 billion for the quarter, compared to analysts' expectations of $197.03 billion. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%.The business's revenue was up 19.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.68 earnings per share. As a group, equities analysts predict that Amazon.com, Inc. will post 8.01 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have recently commented on AMZN. UBS Group set a $200.00 target price on Amazon.com in a report on Thursday, September 17th. Roth Capital reissued a "buy" rating and set a $325.00 price target on shares of Amazon.com in a research note on Monday, August 3rd. DA Davidson reaffirmed a "neutral" rating and issued a $250.00 price objective on shares of Amazon.com in a research report on Friday, July 31st. Phillip Securities lowered Amazon.com from a "strong-buy" rating to a "moderate buy" rating in a research note on Monday, August 3rd. Finally, Mizuho set a $330.00 target price on Amazon.com and gave the stock an "outperform" rating in a research report on Friday, July 31st. Fifty-six analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $321.63.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in AMZN. Trust Asset Management LLC grew its stake in Amazon.com by 3.3% during the 2nd quarter. Trust Asset Management LLC now owns 107,563 shares of the e-commerce giant's stock valued at $26,000 after purchasing an additional 3,414 shares during the last quarter. TOP Private Wealth LLC. purchased a new position in shares of Amazon.com in the second quarter worth about $29,000. Bard Associates Inc. purchased a new position in shares of Amazon.com in the second quarter worth about $32,000. Longfellow Investment Management Co. LLC acquired a new stake in shares of Amazon.com during the second quarter worth about $33,000. Finally, Atomic Invest LLC lifted its holdings in shares of Amazon.com by 41.2% during the second quarter. Atomic Invest LLC now owns 168 shares of the e-commerce giant's stock worth $40,000 after purchasing an additional 49 shares during the period. 72.20% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Amazon.com

Here are the key news stories impacting Amazon.com this week:

• Positive Sentiment: Analyst support: TD Cowen reaffirmed its “Buy” rating and set a $350 price target, implying substantial upside from recent levels. TD Cowen Reaffirms Buy Rating for Amazon
• Positive Sentiment: AI infrastructure expansion: Amazon is reportedly exploring a structure to sell approximately $8 billion of Nvidia chips to outside investors and lease them back. The arrangement could improve capital flexibility and reduce the amount of hardware carried directly on Amazon’s balance sheet, although it also highlights the scale of its AI investment. Amazon Reportedly Seeks to Move $8 Billion of Nvidia Chips Off Its Balance Sheet
• Positive Sentiment: AWS talent and technology: AWS hired former Microsoft Copilot technology chief Pedram Rezaei to help develop Amazon’s Kiro coding tool and Quick workplace assistant, strengthening its push into agentic AI. AWS also says rapidly falling AI costs could broaden adoption. Amazon Hires a Microsoft AI Leader
• Positive Sentiment: Power and community strategy: Amazon’s agreement supporting more than $3 billion of investment at Maryland’s Calvert Cliffs nuclear plant and its separate $1 billion community program could help secure power and reduce opposition to future data centers. Amazon’s Data Center Community Investment
• Neutral Sentiment: Holiday sales catalyst: Prime Big Deal Days and Amazon’s holiday promotions provide a near-term test of consumer demand and fourth-quarter e-commerce growth. Amazon Readies Prime Big Deal Days
• Negative Sentiment: Return-on-investment concerns: Analysts warn that Amazon, Microsoft and Google may need trillions of dollars in additional annual AI revenue to justify current infrastructure spending. Data-center backlash, power constraints and competition from Microsoft’s integrated software ecosystem add execution risk. The AI Industry’s $4.2 Trillion Revenue Challenge

About Amazon.com

Amazon.com, Inc is a global technology and commerce company that operates online marketplaces, physical stores, and a broad portfolio of digital and cloud-based services. The company offers consumer products across categories such as electronics, household goods, apparel, groceries, and entertainment, while also providing third-party sellers with tools for listing, selling, and fulfilling orders.

Amazon's major businesses include Amazon Web Services (AWS), which provides cloud computing, storage, database, analytics, and artificial intelligence services; Prime, a membership program that includes shipping, streaming, and other benefits; and digital entertainment services such as Prime Video, Amazon Music, Kindle, and Audible.

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