Rep. Gilbert Ray Cisneros, Jr. Sells Amazon.com, Inc. (NASDAQ:AMZN) Shares

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Amazon.com, Inc. (NASDAQ:AMZN). In a filing disclosed on April 07th, the Representative disclosed that they had sold between $1,001 and $15,000 in Amazon.com stock on March 13th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of MACOM Technology Solutions (NASDAQ:MTSI) on 3/27/2026.
• Purchased $1,001 – $15,000 in shares of StandardAero (NYSE:SARO) on 3/27/2026.
• Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 3/27/2026.
• Sold $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 3/27/2026.
• Sold $1,001 – $15,000 in shares of Advanced Energy Industries (NASDAQ:AEIS) on 3/27/2026.
• Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 3/27/2026.
• Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 3/27/2026.
• Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 3/27/2026.
• Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 3/27/2026.
• Purchased $15,001 – $50,000 in shares of Fabrinet (NYSE:FN) on 3/27/2026.

Amazon.com Trading Up 3.5%

NASDAQ:AMZN opened at $221.25 on Thursday. The stock’s 50 day moving average price is $212.14 and its 200 day moving average price is $223.98. The company has a market capitalization of $2.38 trillion, a PE ratio of 30.86, a P/E/G ratio of 1.57 and a beta of 1.38. 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, Inc. has a 52-week low of $165.29 and a 52-week high of $258.60.

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

Insider Buying and Selling

In other news, CEO Andrew R. Jassy sold 19,872 shares of the company’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $205.18, for a total value of $4,077,336.96. Following the completion of the sale, the chief executive officer owned 2,238,118 shares of the company’s stock, valued at $459,217,051.24. This represents a 0.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Douglas J. Herrington sold 1,000 shares of the company’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $210.50, for a total value of $210,500.00. Following the completion of the sale, the chief executive officer directly owned 520,361 shares of the company’s stock, valued at $109,535,990.50. The trade was a 0.19% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 72,686 shares of company stock valued at $14,899,239. 9.70% of the stock is owned by insiders.

Hedge Funds Weigh In On Amazon.com

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Lifelong Wealth Advisors Inc. raised its holdings in Amazon.com by 2.4% during the fourth quarter. Lifelong Wealth Advisors Inc. now owns 1,740 shares of the e-commerce giant’s stock worth $402,000 after purchasing an additional 41 shares during the last quarter. Financial Connections Group Inc. grew its position in shares of Amazon.com by 2.6% in the fourth quarter. Financial Connections Group Inc. now owns 1,633 shares of the e-commerce giant’s stock valued at $376,000 after purchasing an additional 42 shares during the period. Marquette Asset Management LLC grew its position in Amazon.com by 5.1% during the fourth quarter. Marquette Asset Management LLC now owns 886 shares of the e-commerce giant’s stock valued at $205,000 after acquiring an additional 43 shares during the period. Western Financial Corp CA grew its position in Amazon.com by 1.5% during the fourth quarter. Western Financial Corp CA now owns 3,076 shares of the e-commerce giant’s stock valued at $710,000 after acquiring an additional 44 shares during the period. Finally, Navalign LLC grew its position in Amazon.com by 0.3% during the fourth quarter. Navalign LLC now owns 13,349 shares of the e-commerce giant’s stock valued at $3,081,000 after acquiring an additional 44 shares during the period. 72.20% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Amazon.com

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

• Positive Sentiment: Amazon says its custom chips business (Graviton/Trainium) now has an annual revenue run rate above $20 billion — a major validation of AWS’s custom silicon strategy and a direct revenue driver for margins and server-side economics. Amazon says annual revenue run rate for chips business now over $20 billion
• Positive Sentiment: Several Wall Street firms raised targets/estimates (Moffett Nathanson to $288, Cantor Fitzgerald to $260) and Erste Group nudged FY2026–27 EPS estimates higher — analyst support that can lift sentiment and provide buying conviction. Moffett Nathanson Raises Amazon.com Price Target to $288.00 Cantor Fitzgerald raises price target to $260 Erste Group Bank boosts FY2026/2027 EPS estimates
• Positive Sentiment: Enterprise customers continue to deepen AWS usage: Uber is expanding use of Graviton and trialing Trainium3 — a commercial win that supports AWS CPU/AI adoption and long-term cloud revenue growth. Uber is the latest to be won over by Amazon’s AI chips
• Neutral Sentiment: Amazon’s 2025 shareholder letter highlights continued investment in robotics, rural delivery and LEO (satellite) expansion — strategic initiatives that are long-term positives but require heavy capex and time to monetize. Amazon Highlights Robotics, Rural Delivery and LEO Expansion
• Neutral Sentiment: Market chatter that Amazon may pursue satellite assets (Globalstar) has raised both strategic upside and execution/price concerns — the item is a potential catalyst but comes with integration risk and investor skepticism. Amazon: Could Globalstar Be the Missing Spark the Stock Needs?
• Negative Sentiment: Content creators sued Amazon alleging its video AI was trained on scraped YouTube videos — a legal/PR risk that could increase regulatory and litigation costs if it gains traction. YouTubers Sue Amazon, Claim AI Tool Was Trained on Scraped Videos
• Negative Sentiment: Investor pressure over data-center water use and local pushback on new sites remains a reputational and operational risk as Amazon ramps AI-related capex. Amazon Data Center Water Concerns Put ESG In Focus For Investors
• Negative Sentiment: Amazon will end support for pre-2012 Kindles in May, which has drawn consumer backlash — minor revenue/PR downside but limited financial impact relative to AWS/capex story. Amazon to end support for older Kindle devices

Analysts Set New Price Targets

A number of research analysts recently issued reports on AMZN shares. Arete Research raised their price target on Amazon.com from $283.00 to $285.00 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. DZ Bank upgraded Amazon.com to a “strong-buy” rating in a research note on Friday, February 6th. Oppenheimer set a $260.00 target price on Amazon.com and gave the company an “outperform” rating in a research note on Friday, February 6th. Needham & Company LLC reiterated a “buy” rating and issued a $265.00 target price on shares of Amazon.com in a research note on Tuesday, March 17th. Finally, Maxim Group lifted their target price on Amazon.com from $280.00 to $290.00 and gave the company a “buy” rating in a research note on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, fifty-three have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $287.39.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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.