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

Representative Jonathan L. Jackson (D-Illinois) recently sold shares of Amazon.com, Inc. NASDAQ: AMZN. In a filing disclosed on May 13th, the Representative disclosed that they had sold between $15,001 and $50,000 in Amazon.com stock on April 16th. The trade occurred in the Representative's "MORGAN STANLEY TRUST ACCOUNT" account.

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

• Sold $15,001 - $50,000 in shares of Alphabet NASDAQ: GOOGL on 4/21/2025.
• Purchased $15,001 - $50,000 in shares of Eli Lilly and Company NYSE: LLY on 4/21/2025.
• Purchased $50,001 - $100,000 in shares of Netflix NASDAQ: NFLX on 4/16/2025.
• Sold $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 4/16/2025.
• Sold $15,001 - $50,000 in shares of Aramark NYSE: ARMK on 4/10/2025.
• Sold $50,001 - $100,000 in shares of Microsoft NASDAQ: MSFT on 4/10/2025.
• Sold $15,001 - $50,000 in shares of Salesforce NYSE: CRM on 3/11/2025.
• Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 3/4/2025.
• Purchased $1,001 - $15,000 in shares of McKesson NYSE: MCK on 3/4/2025.

Amazon.com Stock Down 2.4%

NASDAQ AMZN traded down $5.08 during trading on Thursday, reaching $205.17. The company's stock had a trading volume of 64,245,647 shares, compared to its average volume of 41,935,830. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $2.18 trillion, a PE ratio of 37.10, a PEG ratio of 1.50 and a beta of 1.30. The business has a 50-day moving average price of $188.94 and a 200-day moving average price of $208.28. Amazon.com, Inc. has a 1-year low of $151.61 and a 1-year high of $242.52.

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

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on AMZN shares. Needham & Company LLC reiterated a "buy" rating and set a $220.00 target price on shares of Amazon.com in a research note on Friday, May 2nd. Maxim Group increased their price objective on shares of Amazon.com from $260.00 to $280.00 and gave the company a "buy" rating in a research note on Friday, February 7th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Amazon.com from $287.00 to $206.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Citigroup restated an "outperform" rating on shares of Amazon.com in a research note on Friday, May 2nd. Finally, Evercore ISI dropped their target price on shares of Amazon.com from $270.00 to $260.00 and set an "outperform" rating for the company in a research report on Friday, May 2nd. Four equities research analysts have rated the stock with a hold rating and forty-four have assigned a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $244.09.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of AMZN. Castlekeep Investment Advisors LLC acquired a new stake in shares of Amazon.com in the fourth quarter valued at approximately $25,000. Accordant Advisory Group Inc increased its holdings in Amazon.com by 400.0% during the fourth quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant's stock worth $27,000 after buying an additional 100 shares during the last quarter. Prudent Man Investment Management Inc. acquired a new position in Amazon.com during the fourth quarter worth $27,000. LSV Asset Management acquired a new position in Amazon.com during the fourth quarter worth $35,000. Finally, Cooksen Wealth LLC acquired a new position in Amazon.com during the first quarter worth $36,000. Institutional investors own 72.20% of the company's stock.

Insiders Place Their Bets

In other news, CEO Douglas J. Herrington sold 5,501 shares of the stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $228.44, for a total value of $1,256,648.44. Following the completion of the transaction, the chief executive officer now owns 505,318 shares of the company's stock, valued at approximately $115,434,843.92. This represents a 1.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Shelley Reynolds sold 8,833 shares of the stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $222.47, for a total transaction of $1,965,077.51. Following the completion of the transaction, the vice president now directly owns 119,780 shares of the company's stock, valued at $26,647,456.60. This trade represents a 6.87% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 80,798 shares of company stock valued at $17,696,733 over the last ninety days. 9.70% of the stock is currently owned by company insiders.

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.

Amazon.com Company Profile

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.