Representative Thomas H. Kean, Jr. (R-New Jersey) recently bought shares of Amazon.com, Inc. NASDAQ: AMZN. In a filing disclosed on June 17th, the Representative disclosed that they had bought between $1,001 and $15,000 in Amazon.com stock on May 8th. The trade occurred in the Representative's "KEAN FAMILY PARTNERSHIP" account.
Representative Thomas H. Kean, Jr. also recently made the following trade(s):
- Purchased $1,001 - $15,000 in shares of Prologis NYSE: PLD on 6/30/2025.
- Sold $15,001 - $50,000 in shares of Stryker NYSE: SYK on 6/26/2025.
- Sold $1,001 - $15,000 in shares of WESCO International NYSE: WCC on 6/23/2025.
- Purchased $1,001 - $15,000 in shares of Danaher NYSE: DHR on 6/11/2025.
- Purchased $1,001 - $15,000 in shares of AON NYSE: AON on 5/27/2025.
- Purchased $1,001 - $15,000 in shares of Becton, Dickinson and Company NYSE: BDX on 5/13/2025.
- Sold $1,001 - $15,000 in shares of Crown NYSE: CCK on 5/8/2025.
- Purchased $1,001 - $15,000 in shares of Thermo Fisher Scientific NYSE: TMO on 5/5/2025.
- Sold $1,001 - $15,000 in shares of Franklin Resources NYSE: BEN on 4/28/2025.
- Purchased $1,001 - $15,000 in shares of Analog Devices NASDAQ: ADI on 4/24/2025.
Amazon.com Stock Performance
Shares of AMZN stock traded up $1.63 during mid-day trading on Monday, reaching $233.07. The stock had a trading volume of 11,493,095 shares, compared to its average volume of 43,925,070. The business's fifty day moving average is $215.66 and its 200-day moving average is $208.72. The company has a current ratio of 1.05, a quick ratio of 0.84 and a debt-to-equity ratio of 0.17. The firm has a market cap of $2.47 trillion, a price-to-earnings ratio of 37.95, a PEG ratio of 1.72 and a beta of 1.33. 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 EPS for the quarter, topping 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 return on equity of 24.14% and a net margin of 10.14%. Amazon.com's revenue for the quarter was up 8.6% compared to the same quarter last year. During the same period last year, the company earned $0.98 earnings per share. On average, research analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current year.
Institutional Trading of Amazon.com
Several institutional investors and hedge funds have recently made changes to their positions in AMZN. Castlekeep Investment Advisors LLC acquired a new position in Amazon.com during the 4th quarter worth approximately $25,000. Accordant Advisory Group Inc increased its position in Amazon.com by 400.0% during the 4th quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant's stock worth $27,000 after purchasing an additional 100 shares during the period. Prudent Man Investment Management Inc. acquired a new position in Amazon.com during the 4th quarter worth approximately $27,000. Carderock Capital Management Inc. acquired a new position in Amazon.com during the 2nd quarter worth approximately $27,000. Finally, LSV Asset Management acquired a new position in Amazon.com during the 4th quarter worth approximately $35,000. 72.20% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several analysts recently commented on AMZN shares. Needham & Company LLC raised their target price on Amazon.com from $220.00 to $265.00 and gave the stock a "buy" rating in a report on Tuesday, July 22nd. Scotiabank increased their price target on Amazon.com from $250.00 to $275.00 and gave the stock a "sector outperform" rating in a research report on Tuesday, July 22nd. Westpark Capital reissued a "buy" rating and issued a $280.00 price target on shares of Amazon.com in a report on Friday, May 2nd. Wedbush reissued an "outperform" rating and issued a $235.00 price target (up previously from $225.00) on shares of Amazon.com in a report on Friday, May 2nd. Finally, Jefferies Financial Group boosted their price target on shares of Amazon.com from $255.00 to $265.00 in a report on Wednesday, July 16th. Three equities research analysts have rated the stock with a hold rating, forty-five have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, Amazon.com has a consensus rating of "Moderate Buy" and a consensus target price of $254.33.
Read Our Latest Report on AMZN
Insider Transactions at Amazon.com
In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of the business's stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $224.81, for a total transaction of $960,666,409.97. Following the sale, the insider owned 897,722,088 shares of the company's stock, valued at $201,816,902,603.28. The trade was a 0.47% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last 90 days, insiders sold 25,102,037 shares of company stock worth $5,674,871,223. Insiders own 10.80% of the company's stock.
About Representative Kean
Thomas Kean Jr. (Republican Party) is a member of the U.S. House, representing New Jersey's 7th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.
Kean (Republican Party) is running for re-election to the U.S. House to represent New Jersey's 7th Congressional District. He declared candidacy for the 2026 election.
Thomas Kean Jr. lives in Westfield, New Jersey. Kean earned a master’s degree from the Tufts University Fletcher School of Law and Diplomacy. His career experience includes working with the Environmental Protection Agency during the George H.W. Bush administration and as an advisor to former U.S. Representative Bob Franks, a firefighter, and an emergency medical technician. Kean has served as the vice president of a fire department.
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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