Amazon.com (NASDAQ:AMZN) VP Shelley Reynolds Sells 2,343 Shares

Key Points

• Amazon VP Shelley Reynolds sold 2,343 shares at an average price of $259.01, generating approximately $606,860. The transaction was conducted under a pre-arranged Rule 10b5-1 plan, leaving her with 119,780 shares.
• Amazon’s shares recently traded near $261, while the company reported stronger-than-expected quarterly results: EPS of $5.75 versus a $1.82 consensus estimate and revenue of $200.61 billion, up 19.6% year over year.
• Analyst sentiment remains bullish, with a “Moderate Buy” consensus and an average price target of $322.39. AWS and AI growth are key catalysts, though heavy AI infrastructure spending has pressured free cash flow.

Amazon.com, Inc. (NASDAQ:AMZN) VP Shelley Reynolds sold 2,343 shares of the business's stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $259.01, for a total transaction of $606,860.43. Following the completion of the transaction, the vice president directly owned 119,780 shares of the company's stock, valued at $31,024,217.80. This trade represents a 1.92% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Amazon.com Stock Down 0.4%

Amazon.com stock traded down $1.01 during mid-day trading on Tuesday, reaching $261.06. 25,446,790 shares of the company were exchanged, compared to its average volume of 48,878,555. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.87 and a current ratio of 1.03. The firm has a market cap of $2.82 trillion, a P/E ratio of 21.00, a PEG ratio of 1.72 and a beta of 1.45. The business has a fifty day moving average of $250.18 and a 200 day moving average of $239.48. Amazon.com, Inc. has a 12-month low of $196.00 and a 12-month high of $287.20.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.82 by $3.93. The business had revenue of $200.61 billion for the quarter, compared to the consensus estimate 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 last year, the business posted $1.68 EPS. Research analysts anticipate that Amazon.com, Inc. will post 8.05 earnings per share for the current fiscal year.

Key Headlines Impacting Amazon.com

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

• Positive Sentiment: AWS and AI remain the main bullish catalysts. Analysts and commentators point to accelerating AWS demand, a reported $496 billion backlog and the potential for AWS revenue to approach $1 trillion annually over time. Amazon’s relationships with Anthropic and OpenAI could further increase cloud usage and reinforce its position in the AI infrastructure market. AWS backlog article AWS revenue outlook article
• Positive Sentiment: Wall Street remains constructive. Citizens reiterated a Market Outperform rating with a $315 price target, while the cited analyst consensus includes a median target near $320. Recent earnings also showed strong momentum, with second-quarter revenue of roughly $200.6 billion, up nearly 20% year over year. Amazon analyst rating article
• Positive Sentiment: New growth initiatives add longer-term optionality. Amazon is expanding Zoox robotaxi operations and plans to broaden Prime Air drone delivery. It is also developing “Project Tetromino,” an automated delivery-station concept that could process packages 2.5 times faster, potentially improving logistics efficiency and labor economics. Zoox robotaxi article
• Neutral Sentiment: Anthropic’s expected IPO could revalue Amazon’s AI exposure. Its S-1 filing may provide investors with more information about Anthropic’s growth, valuation and Amazon’s strategic investment, but the outcome could either validate or challenge current AI-related expectations. Anthropic S-1 article
• Negative Sentiment: AI infrastructure spending is pressuring cash flow. Amazon’s free cash flow reportedly fell negative by $7.6 billion despite higher operating cash flow, reflecting the cost of its aggressive AI-capital-expenditure program. Investors remain focused on whether future AWS growth will produce adequate returns on that investment. Amazon free cash flow article
• Negative Sentiment: Hardware costs and policy risks are rising. Amazon increased prices on Echo, Fire TV, Kindle and other devices by as much as 60% because of memory shortages linked to AI data-center demand. Proposed AI advertising-disclosure rules, New York City scrutiny of delivery operations and continued competition from Walmart add further uncertainty. Amazon hardware price increase article

Hedge Funds Weigh In On Amazon.com

Several hedge funds have recently modified their holdings of the stock. Brighton Jones LLC grew its position in Amazon.com by 10.9% during the 4th quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant's stock worth $885,478,000 after purchasing an additional 397,007 shares during the last quarter. Revolve Wealth Partners LLC raised its holdings in shares of Amazon.com by 4.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant's stock worth $5,495,000 after buying an additional 986 shares during the last quarter. Bank Pictet & Cie Europe AG lifted its stake in shares of Amazon.com by 2.8% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant's stock worth $442,481,000 after buying an additional 54,987 shares during the period. Highview Capital Management LLC DE lifted its stake in shares of Amazon.com by 5.5% during the fourth quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant's stock worth $6,357,000 after buying an additional 1,518 shares during the period. Finally, Liberty Square Wealth Partners LLC purchased a new stake in shares of Amazon.com during the fourth quarter valued at $2,153,000. Institutional investors and hedge funds own 72.20% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Royal Bank Of Canada boosted their target price on shares of Amazon.com from $320.00 to $330.00 and gave the stock an "outperform" rating in a report on Friday, July 31st. Citigroup restated a "market outperform" rating on shares of Amazon.com in a report on Friday, August 14th. HSBC reaffirmed a "buy" rating and issued a $310.00 price objective on shares of Amazon.com in a research report on Friday, July 31st. Citizens Jmp reissued a "market outperform" rating and set a $315.00 target price on shares of Amazon.com in a research report on Friday, July 31st. Finally, Roth Capital restated a "buy" rating and issued a $325.00 target price on shares of Amazon.com in a research note on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, fifty-six have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $322.39.

About Amazon.com

Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.

Key businesses and offerings include Amazon’s online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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