Amazon.com (NASDAQ:AMZN) CEO Douglas Herrington Sells 6,835 Shares

Amazon.com, Inc. (NASDAQ:AMZN) CEO Douglas Herrington sold 6,835 shares of the business’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $205.82, for a total value of $1,406,779.70. Following the completion of the transaction, the chief executive officer directly owned 522,361 shares in the company, valued at approximately $107,512,341.02. This represents a 1.29% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Amazon.com Stock Performance

NASDAQ AMZN traded up $3.29 during trading hours on Tuesday, reaching $208.56. 40,807,030 shares of the company were exchanged, compared to its average volume of 54,399,594. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $258.60. The business’s 50 day simple moving average is $227.87 and its 200-day simple moving average is $228.15. The stock has a market capitalization of $2.24 trillion, a P/E ratio of 29.09, a P/E/G ratio of 1.34 and a beta of 1.37. The company has a quick ratio of 0.88, a current ratio of 1.05 and a debt-to-equity ratio of 0.16.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 EPS for the quarter, missing analysts’ consensus estimates of $1.97 by ($0.02). The company had revenue of $213.39 billion during the quarter, compared to the consensus estimate of $211.02 billion. Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.The company’s revenue for the quarter was up 13.6% compared to the same quarter last year. During the same period last year, the firm posted $1.86 EPS. On average, equities research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Hedge Funds Weigh In On Amazon.com

Hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. lifted its stake in shares of Amazon.com by 2.1% in the 2nd quarter. Vanguard Group Inc. now owns 849,721,601 shares of the e-commerce giant’s stock valued at $186,420,422,000 after acquiring an additional 17,447,045 shares during the last quarter. State Street Corp lifted its position in Amazon.com by 1.8% in the fourth quarter. State Street Corp now owns 388,653,121 shares of the e-commerce giant’s stock valued at $89,708,913,000 after purchasing an additional 6,971,680 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Amazon.com by 1.1% during the fourth quarter. Geode Capital Management LLC now owns 225,120,994 shares of the e-commerce giant’s stock valued at $51,753,622,000 after purchasing an additional 2,479,324 shares during the period. Norges Bank bought a new position in shares of Amazon.com in the fourth quarter worth approximately $32,868,735,000. Finally, Northern Trust Corp increased its stake in shares of Amazon.com by 0.3% in the first quarter. Northern Trust Corp now owns 97,379,134 shares of the e-commerce giant’s stock worth $18,527,354,000 after buying an additional 302,858 shares during the period. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Amazon.com

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

• Positive Sentiment: Large AI/cloud investment tangible — Amazon announced a $12 billion Louisiana data‑center buildout that it will fund and that targets AI/cloud demand, reinforcing AWS growth and capacity plans. Read More.
• Positive Sentiment: Analyst and ratings support — firms and commentators continue to point to accelerating AWS revenue and solid fundamentals (and Moody’s recently affirmed Amazon’s rating with a stable outlook), which underpins the bullish recovery case. Read More.
• Neutral Sentiment: Big capex headline remains the main story — management’s disclosure of roughly $200 billion in AI‑related capital spending is viewed as strategic for leadership but leaves timing and near‑term returns uncertain, driving volatility. Read More.
• Neutral Sentiment: Broader tech/market pressure is a headwind — market commentary notes the Magnificent Seven are breaking technical levels and macro/financial‑sector caution is increasing, amplifying stock swings for even high‑quality names like AMZN. Read More.
• Negative Sentiment: State antitrust action in California — prosecutors asked a judge to enjoin alleged tactics that pressured merchants to avoid cheaper prices elsewhere, raising potential fines, remedies, and reputational risk. Read More.
• Negative Sentiment: Europe privacy enforcement — Italy’s data‑protection authority banned an Amazon unit from processing personal data of ~1,800 logistics workers, signaling regulatory friction in EU operations. Read More.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on AMZN shares. Loop Capital increased their target price on shares of Amazon.com from $300.00 to $360.00 and gave the stock a “buy” rating in a research report on Tuesday, November 18th. Raymond James Financial cut their price objective on shares of Amazon.com from $260.00 to $225.00 and set an “outperform” rating for the company in a report on Friday, February 6th. TD Cowen reiterated a “buy” rating on shares of Amazon.com in a research note on Friday, February 6th. President Capital cut their price target on Amazon.com from $320.00 to $296.00 and set a “buy” rating for the company in a report on Tuesday, February 10th. Finally, Wells Fargo & Company set a $304.00 price objective on Amazon.com and gave the company an “overweight” rating in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, fifty-three have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $287.29.

Amazon.com Company Profile

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.