Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Amazon.com, Inc. NASDAQ: AMZN. In a filing disclosed on July 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in Amazon.com stock on June 23rd. The trade occurred in the Representative's "JP MORGAN BROKERAGE ACCOUNT #2" account.
Representative Robert Bresnahan, Jr. also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of Zoom Communications NASDAQ: ZM on 6/25/2025.
- Purchased $1,001 - $15,000 in shares of Coinbase Global NASDAQ: COIN on 6/24/2025.
- Purchased $1,001 - $15,000 in shares of Circle Internet Group NYSE: CRCL on 6/24/2025.
- Sold $1,001 - $15,000 in shares of Chubb NYSE: CB on 6/13/2025.
- Sold $1,001 - $15,000 in shares of Atlassian NASDAQ: TEAM on 6/11/2025.
- Purchased $1,001 - $15,000 in shares of ServiceTitan NASDAQ: TTAN on 6/11/2025.
- Sold $1,001 - $15,000 in shares of Datadog NASDAQ: DDOG on 6/11/2025.
- Sold $1,001 - $15,000 in shares of GitLab NASDAQ: GTLB on 6/11/2025.
- Purchased $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 6/11/2025.
- Sold $1,001 - $15,000 in shares of Intel NASDAQ: INTC on 6/11/2025.
Amazon.com Price Performance
Shares of Amazon.com stock traded up $1.92 during trading on Friday, hitting $225.80. 21,680,316 shares of the company's stock traded hands, compared to its average volume of 41,967,580. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.05 and a quick ratio of 0.84. The firm's fifty day moving average price is $212.84 and its 200 day moving average price is $208.62. Amazon.com, Inc. has a twelve month low of $151.61 and a twelve month high of $242.52. The company has a market cap of $2.40 trillion, a PE ratio of 36.79, a PEG ratio of 1.67 and a beta of 1.33.
Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The e-commerce giant reported $1.59 EPS for the quarter, beating analysts' consensus estimates of $1.38 by $0.21. Amazon.com had a net margin of 10.14% and a return on equity of 24.14%. The business had revenue of $155.67 billion during the quarter, compared to analysts' expectations of $154.96 billion. During the same quarter in the prior year, the company earned $0.98 EPS. The firm's quarterly revenue was up 8.6% on a year-over-year basis. Analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current year.
Analyst Ratings Changes
A number of analysts have commented on the stock. Bank of America increased their price target on shares of Amazon.com from $230.00 to $248.00 and gave the company a "buy" rating in a research note on Monday, June 2nd. Benchmark restated a "buy" rating and set a $260.00 target price on shares of Amazon.com in a research note on Friday, May 2nd. Truist Financial raised their target price on shares of Amazon.com from $226.00 to $250.00 and gave the stock a "buy" rating in a research note on Wednesday, July 2nd. Deutsche Bank Aktiengesellschaft cut their target price 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. Finally, UBS Group reaffirmed a "buy" rating on shares of Amazon.com in a report on Tuesday, May 6th. Three analysts have rated the stock with a hold rating, forty-five have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, Amazon.com has an average rating of "Moderate Buy" and an average price target of $250.35.
Check Out Our Latest Stock Report on Amazon.com
Insider Activity at Amazon.com
In other Amazon.com news, CEO Douglas J. Herrington sold 2,500 shares of the stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $220.06, for a total value of $550,150.00. Following the completion of the transaction, the chief executive officer owned 514,550 shares in the company, valued at approximately $113,231,873. This represents a 0.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Jeffrey P. Bezos sold 733,195 shares of the stock in a transaction on Tuesday, July 15th. The stock was sold at an average price of $227.02, for a total value of $166,449,928.90. Following the completion of the transaction, the insider owned 894,546,706 shares of the company's stock, valued at $203,079,993,196.12. The trade was a 0.08% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 14,335,232 shares of company stock valued at $3,210,622,570 in the last 90 days. Company insiders own 9.70% of the company's stock.
Hedge Funds Weigh In On Amazon.com
Several institutional investors have recently bought and sold shares of the company. Castlekeep Investment Advisors LLC acquired a new stake in shares of Amazon.com in the fourth quarter valued at approximately $25,000. Prudent Man Investment Management Inc. purchased a new stake in shares of Amazon.com during the fourth quarter worth approximately $27,000. Carderock Capital Management Inc. purchased a new stake in shares of Amazon.com during the second quarter worth approximately $27,000. LSV Asset Management purchased a new stake in shares of Amazon.com during the fourth quarter worth approximately $35,000. Finally, Cooksen Wealth LLC purchased a new stake in shares of Amazon.com during the first quarter worth approximately $36,000. 72.20% of the stock is owned by institutional investors and hedge funds.
About Representative Bresnahan
Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election.
Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.
Amazon.com Company Profile
(
Get Free Report)
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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