Rep. Bruce Westerman Sells Amazon.com, Inc. (NASDAQ:AMZN) Stock

Representative Bruce Westerman (R-Arkansas) recently sold shares of Amazon.com, Inc. NASDAQ: AMZN. In a filing disclosed on May 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Amazon.com stock on April 21st. The trade occurred in the Representative's "FISHER IRA" account.

Representative Bruce Westerman also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of UniCredit OTCMKTS: UNCRY on 4/21/2025.
• Sold $1,001 - $15,000 in shares of CSX NASDAQ: CSX on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Siemens Aktiengesellschaft OTCMKTS: SIEGY on 4/21/2025.
• Sold $1,001 - $15,000 in shares of GSK NYSE: GSK on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Charles Schwab NYSE: SCHW on 4/21/2025.
• Sold $1,001 - $15,000 in shares of The Goldman Sachs Group NYSE: GS on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Abbott Laboratories NYSE: ABT on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Eli Lilly and Company NYSE: LLY on 4/21/2025.
• Sold $15,001 - $50,000 in shares of NVIDIA NASDAQ: NVDA on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Chevron NYSE: CVX on 4/21/2025.

Amazon.com Trading Up 1.3%

Shares of Amazon.com stock opened at $211.37 on Wednesday. The firm has a market capitalization of $2.24 trillion, a PE ratio of 38.22, a price-to-earnings-growth ratio of 1.50 and a beta of 1.30. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.06 and a quick ratio of 0.87. The company's fifty day moving average price is $188.72 and its two-hundred day moving average price is $208.27. Amazon.com, Inc. has a 52-week low of $151.61 and a 52-week high of $242.52.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.21. The firm had revenue of $155.67 billion for the quarter, compared to analyst estimates of $154.96 billion. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. The business's revenue for the quarter was up 8.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.98 EPS. On average, analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on AMZN shares. Evercore ISI lowered their target price on shares of Amazon.com from $270.00 to $260.00 and set an "outperform" rating on the stock in a report on Friday, May 2nd. Morgan Stanley lowered their target price on shares of Amazon.com from $280.00 to $245.00 and set an "overweight" rating on the stock in a report on Monday, April 14th. DA Davidson lowered their target price on shares of Amazon.com from $280.00 to $230.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Scotiabank lowered their target price on shares of Amazon.com from $306.00 to $250.00 and set a "sector outperform" rating on the stock in a report on Monday, April 21st. Finally, Benchmark reissued a "buy" rating and set a $260.00 price objective on shares of Amazon.com in a report on Friday, May 2nd. Four equities research analysts have rated the stock with a hold rating and forty-four have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $244.09.

Insider Activity at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction dated Thursday, May 1st. The stock was sold at an average price of $190.67, for a total value of $476,675.00. Following the transaction, the chief executive officer now owns 506,974 shares in the company, valued at $96,664,732.58. The trade was a 0.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Brian T. Olsavsky sold 14,620 shares of Amazon.com stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $223.14, for a total value of $3,262,306.80. Following the completion of the transaction, the chief financial officer now owns 49,000 shares in the company, valued at approximately $10,933,860. This represents a 22.98% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 79,798 shares of company stock valued at $17,486,053 over the last quarter. 9.70% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Amazon.com

Several hedge funds have recently added to or reduced their stakes in the business. Sassicaia Capital Advisers LLC acquired a new stake in shares of Amazon.com during the third quarter worth $279,000. Howard Capital Management Group LLC lifted its holdings in shares of Amazon.com by 0.3% during the third quarter. Howard Capital Management Group LLC now owns 356,539 shares of the e-commerce giant's stock worth $66,434,000 after buying an additional 897 shares in the last quarter. Principal Financial Group Inc. raised its stake in Amazon.com by 5.1% in the third quarter. Principal Financial Group Inc. now owns 20,166,314 shares of the e-commerce giant's stock valued at $3,757,589,000 after purchasing an additional 984,570 shares in the last quarter. Arete Wealth Advisors LLC acquired a new position in Amazon.com in the third quarter valued at about $14,648,000. Finally, Intrepid Capital Management Inc. raised its stake in Amazon.com by 3.4% in the third quarter. Intrepid Capital Management Inc. now owns 8,585 shares of the e-commerce giant's stock valued at $1,600,000 after purchasing an additional 284 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.

About Representative Westerman

Bruce Westerman (Republican Party) is a member of the U.S. House, representing Arkansas' 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027. Westerman (Republican Party) is running for re-election to the U.S. House to represent Arkansas' 4th Congressional District. He declared candidacy for the 2026 election. Westerman earned his BSBAGE in biological and agricultural engineering from the University of Arkansas in 1990 and his MF in forestry from Yale University in 2001. His professional experience includes working as a plant engineer for Riceland Foods and an engineer/forester for Mid-South Engineering Company.

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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