Insider Selling: Amazon.com (NASDAQ:AMZN) CEO Sells $243,470.00 in Stock

Key Points

• Amazon CEO Douglas Herrington sold 1,000 shares for $243,470 under a pre-arranged Rule 10b5-1 plan, reducing his stake by 0.21%. He retained 473,681 shares, valued at about $115.3 million.
• Amazon’s latest quarter slightly missed analyst expectations: EPS was $1.89 versus $1.97 forecast, and revenue was $201.94 billion versus $202.22 billion expected, though revenue grew 12.1% year over year.
• Analysts remain broadly positive, with a “Moderate Buy” consensus and an average price target of $321.02; the article also flags heavy AI-related investment and negative free cash flow as risks.

Amazon.com, Inc. (NASDAQ:AMZN - Get Free Report) CEO Douglas Herrington sold 1,000 shares of the firm's stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $243.47, for a total value of $243,470.00. Following the completion of the sale, the chief executive officer directly owned 473,681 shares in the company, valued at approximately $115,327,113.07. This represents a 0.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Amazon.com Stock Performance

Shares of Amazon.com stock traded up $15.62 during trading on Wednesday, reaching $266.31. The company's stock had a trading volume of 93,028,769 shares, compared to its average volume of 46,606,941. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.82 and a current ratio of 0.99. The business's fifty day moving average price is $253.79 and its 200-day moving average price is $243.18. The firm has a market cap of $2.88 trillion, a price-to-earnings ratio of 21.53, a price-to-earnings-growth ratio of 1.86 and a beta of 1.49. Amazon.com, Inc. has a one year low of $196.00 and a one year high of $287.20.

Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly earnings data on Thursday, October 29th. The e-commerce giant reported $1.89 earnings per share for the quarter, missing the consensus estimate of $1.97 by ($0.08). Amazon.com had a return on equity of 15.72% and a net margin of 16.90%. The business had revenue of $201.94 billion for the quarter, compared to analyst estimates of $202.22 billion. During the same period in the prior year, the firm posted $1.95 EPS. Amazon.com's revenue for the quarter was up 12.1% on a year-over-year basis. As a group, equities research analysts predict that Amazon.com, Inc. will post 7.84 earnings per share for the current year.

Key Amazon.com News

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

• Positive Sentiment: AWS growth is accelerating: third-quarter cloud revenue grew nearly 40%, while its $578 billion backlog signals substantial future demand. Analysts cited this momentum and Amazon’s AI infrastructure as reasons for further potential upside. Amazon Has Erased Its Earnings Sell-Off, But Is the Biggest Opportunity Still Ahead?
• Positive Sentiment: The day’s broader post-midterm rally lifted major technology stocks. Investors also see the cloud capacity crunch as potentially giving leading providers such as Amazon room to raise prices. Microsoft and Amazon combine for a $400 billion market-cap boost
• Neutral Sentiment: Democratic control of Congress could bring tighter scrutiny or restrictions on data-center development, but the rally suggests investors are weighing that risk against the largest cloud operators’ ability to build in other locations. Alphabet, Amazon, and Microsoft All Surged Today
• Negative Sentiment: The AI build-out is costly: Amazon is targeting roughly $220 billion in capital spending, while free cash flow has turned sharply negative. Investors still need evidence that AWS growth will translate into cash returns. Amazon After Q3: The AI Capex Return Shows In AWS Profit But Not Yet In Cash Flow
• Negative Sentiment: AI shopping agents may challenge Amazon’s advertising model if they divert product discovery away from Amazon’s site and reduce the value of its customer data. AI shopping agents could threaten Amazon and Walmart's ad business

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Oppenheimer reiterated an "outperform" rating on shares of Amazon.com in a report on Friday, July 31st. Citizens Jmp lowered their price objective on shares of Amazon.com from $315.00 to $275.00 and set a "market outperform" rating on the stock in a research note on Friday, October 30th. Susquehanna reaffirmed a "positive" rating on shares of Amazon.com in a research report on Friday, October 30th. The Goldman Sachs Group reiterated a "conviction-buy" rating and set a $370.00 target price on shares of Amazon.com in a research note on Friday, October 30th. Finally, Bank of America reiterated a "buy" rating and set a $317.00 target price on shares of Amazon.com in a research note on Friday, October 30th. Two investment analysts have rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $321.02.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in AMZN. State Street Corp raised its stake in Amazon.com by 5.5% in the second quarter. State Street Corp now owns 411,848,346 shares of the e-commerce giant's stock worth $95,504,904,000 after buying an additional 21,398,025 shares in the last quarter. Bank of America Corp DE purchased a new stake in Amazon.com during the second quarter worth $22,218,775,000. Bank of New York Mellon Corp purchased a new stake in Amazon.com during the second quarter worth $16,341,405,000. Amundi lifted its holdings in Amazon.com by 3.9% during the second quarter. Amundi now owns 63,822,242 shares of the e-commerce giant's stock worth $15,211,393,000 after buying an additional 2,421,739 shares during the period. Finally, Legal & General Group Plc bought a new stake in Amazon.com during the 2nd quarter valued at $12,831,376,000. Institutional investors and hedge funds own 72.20% of the company's stock.

Amazon.com Company Profile

Amazon.com, Inc is a global technology and e-commerce company founded by Jeff Bezos in 1994. Originally launched as an online bookstore, the company has expanded into a broad digital marketplace offering consumer products across numerous categories, including electronics, household goods, apparel, groceries and other merchandise. Amazon also sells products under its own brands and provides logistics, fulfillment and delivery services that support its retail operations and third-party sellers.

The company's principal businesses include online and physical retail, Amazon Web Services (AWS), digital advertising, subscription services and consumer technology.

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