Rep. Jonathan L. Jackson Sells Amazon.com, Inc. (NASDAQ:AMZN) Stock

Key Points

• Rep. Jonathan L. Jackson sold between $1,001 and $15,000 of Amazon (AMZN) stock on March 9 from his MORGAN STANLEY IRA and has executed multiple other recent trades, including purchases in BP and BNY and sales of IBM and O’Reilly.
• Amazon reports strong AI and chip momentum — CEO Andy Jassy cited an ~$15B AI services run rate and the custom chip business exceeding a $20B annual run rate with a ~$25B data‑center buildout announced — but management also flagged heavy near‑term capex (~$200B) that could pressure free cash flow.
• Insider activity shows notable selling (CEO Matthew Garman sold 17,751 shares worth about $3.64M, and insiders sold ~72,686 shares worth ~$14.9M in the past three months), while analysts keep a consensus "Moderate Buy" rating with a $287.39 price target.

Representative Jonathan L. Jackson (Democratic-Illinois) recently sold shares of Amazon.com, Inc. NASDAQ: AMZN. In a filing disclosed on April 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in Amazon.com stock on March 9th. The trade occurred in the Representative's "MORGAN STANLEY IRA" account.

Representative Jonathan L. Jackson also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of BP NYSE: BP on 3/20/2026.
• Sold $15,001 - $50,000 in shares of O'Reilly Automotive NASDAQ: ORLY on 3/19/2026.
• Purchased $15,001 - $50,000 in shares of BP NYSE: BP on 3/19/2026.
• Purchased $50,001 - $100,000 in shares of BNY NYSE: BK on 2/17/2026.
• Sold $1,001 - $15,000 in shares of International Business Machines NYSE: IBM on 2/17/2026.
• Purchased $1,001 - $15,000 in shares of BNY NYSE: BK on 2/17/2026.
• Sold $50,001 - $100,000 in shares of International Business Machines NYSE: IBM on 2/17/2026.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 2/11/2026.
• Purchased $1,001 - $15,000 in shares of Welltower NYSE: WELL on 2/11/2026.
• Sold $1,001 - $15,000 in shares of Tenet Healthcare NYSE: THC on 2/11/2026.

Amazon.com Stock Performance

Shares of AMZN stock opened at $233.65 on Friday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.05 and a quick ratio of 0.88. Amazon.com, Inc. has a fifty-two week low of $165.29 and a fifty-two week high of $258.60. The stock's 50-day moving average is $211.98 and its two-hundred day moving average is $224.05. The firm has a market cap of $2.51 trillion, a P/E ratio of 32.59, a PEG ratio of 1.66 and a beta of 1.38.

Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share for the quarter, missing the consensus estimate of $1.97 by ($0.02). Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.The firm had revenue of $213.39 billion during the quarter, compared to analyst estimates of $211.02 billion. During the same period in the previous year, the company earned $1.86 earnings per share. The business's revenue for the quarter was up 13.6% on a year-over-year basis. Analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Key Amazon.com News

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

• Positive Sentiment: CEO Andy Jassy’s shareholder letter disclosed that Amazon’s AI services are generating a multi‑billion dollar run rate (reported at ~$15B), helping soothe investor worries about heavy AI spending and providing revenue proof points for the strategy. Amazon’s Jassy says AI revenue run rate is over $15 Bln
• Positive Sentiment: Amazon says its custom chip business now exceeds a $20B annual revenue run rate and management is signaling it may sell chips to third parties — a potential new high‑margin revenue stream that raises AWS upside and threatens incumbents. Amazon says annual revenue run rate for chips business now over $20 billion
• Positive Sentiment: Amazon announced a major data‑center buildout (reported ~$25B investment in Mississippi), signaling continued AWS capacity expansion to capture AI workloads — a clear long‑term revenue catalyst for cloud. Amazon Stock (AMZN) Pops on $25B Data Center Buildout in Mississippi
• Positive Sentiment: Retail/healthcare execution: Amazon Pharmacy will offer Eli Lilly’s new GLP‑1 pill via same‑day delivery and stock it at kiosks — a commercial partnership that expands pharmacy revenue and same‑day convenience offerings. Amazon to stock Lilly's new weight-loss pill at US kiosks, offer same-day delivery
• Neutral Sentiment: Reports that Amazon is in talks to acquire satellite operator Globalstar surfaced — a deal could accelerate Project Kuiper/LEO ambitions but the strategic fit, price and execution are uncertain. Amazon: Could Globalstar Be the Missing Spark the Stock Needs?
• Negative Sentiment: Large capital spend remains a near‑term concern: Amazon plans heavy 2026 capex (~$200B guidance discussed) and free cash flow has been pressured by elevated P&E spending, which can compress short‑term returns. Amazon CEO Jassy defends $200 billion AI spend
• Negative Sentiment: Operational costs: Amazon is rolling out fuel surcharges (reported ~3.5% on certain fulfillment orders) as fuel costs rise — a potential margin headwind for retail. As Fuel Costs Skyrocket, Amazon Is Adding in New Fuel Surcharges
• Negative Sentiment: Project Kuiper/LEO timeline slipped — Amazon acknowledged its Leo satellite rollout is delayed to mid‑2026, which pushes off potential connectivity revenue and weakens time‑to‑market vs. SpaceX. Amazon Delays Launch of Leo, Its Satellite Network and Starlink Rival
• Negative Sentiment: Reputation/customer friction: Amazon will end support for older Kindle devices, a move that has provoked customer backlash and small reputational risk. Amazon to end support for older Kindle devices

Insider Buying and Selling

In other Amazon.com news, CEO Matthew S. Garman sold 17,751 shares of the firm's stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $205.22, for a total value of $3,642,860.22. Following the completion of the sale, the chief executive officer owned 9,405 shares in the company, valued at approximately $1,930,094.10. This trade represents a 65.37% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Shelley Reynolds sold 2,695 shares of the firm's stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $205.90, for a total value of $554,900.50. Following the completion of the sale, the vice president owned 119,780 shares of the company's stock, valued at $24,662,702. This represents a 2.20% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 72,686 shares of company stock worth $14,899,239. 9.70% of the stock is currently owned by corporate insiders.

Institutional Trading of Amazon.com

Hedge funds have recently added to or reduced their stakes in the business. Fairway Wealth LLC boosted its stake in Amazon.com by 113.2% during the 3rd quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant's stock valued at $25,000 after purchasing an additional 60 shares during the period. Sellwood Investment Partners LLC bought a new stake in Amazon.com during the 3rd quarter valued at approximately $27,000. MilWealth Group LLC boosted its stake in Amazon.com by 79.0% during the 4th quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant's stock valued at $41,000 after purchasing an additional 79 shares during the period. Lifetime Wealth Management P.C. bought a new stake in shares of Amazon.com in the 4th quarter worth approximately $45,000. Finally, Elkhorn Partners Limited Partnership lifted its position in shares of Amazon.com by 900.0% in the 4th quarter. Elkhorn Partners Limited Partnership now owns 200 shares of the e-commerce giant's stock worth $46,000 after acquiring an additional 180 shares during the period. Institutional investors own 72.20% of the company's stock.

Analysts Set New Price Targets

Several brokerages have weighed in on AMZN. Monness Crespi & Hardt dropped their target price on Amazon.com from $300.00 to $280.00 and set a "buy" rating on the stock in a research report on Friday, February 6th. Morgan Stanley reaffirmed an "overweight" rating and issued a $300.00 target price (down from $315.00) on shares of Amazon.com in a research report on Friday, February 6th. Citizens Jmp upped their target price on Amazon.com from $300.00 to $315.00 and gave the stock an "outperform" rating in a research report on Monday, February 2nd. Bank of America dropped their target price on Amazon.com from $303.00 to $286.00 and set a "buy" rating on the stock in a research report on Tuesday, January 27th. Finally, New Street Research dropped their target price on Amazon.com from $285.00 to $280.00 and set a "buy" rating on the stock in a research report on Monday, March 30th. One analyst has rated the stock with a Strong Buy rating, fifty-three have assigned a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $287.39.

About Representative Jackson

Jonathan Jackson (Democratic Party) is a member of the U.S. House, representing Illinois' 1st Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027. Jackson (Democratic Party) is running for re-election to the U.S. House to represent Illinois' 1st Congressional District. He declared candidacy for the 2026 election. Jonathan Jackson was born in Chicago, Illinois. Jackson graduated from Whitney Young High School. He earned an M.B.A. from Northwestern University. Jackson's career experience includes working as an investment analyst and an entrepreneur.

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.