Rep. David Taylor Sells Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Representative David Taylor (Republican-Ohio) recently sold shares of Amazon.com, Inc. (NASDAQ:AMZN). In a filing disclosed on June 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Amazon.com stock on June 5th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SARDINIA READY MIX 401(K) – DAVE” account.

Representative David Taylor also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of American Electric Power (NASDAQ:AEP) on 6/5/2026.
• Purchased $1,001 – $15,000 in shares of Amgen (NASDAQ:AMGN) on 6/5/2026.
• Sold $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 6/5/2026.
• Purchased $1,001 – $15,000 in shares of Kroger (NYSE:KR) on 6/5/2026.
• Purchased $1,001 – $15,000 in shares of AT&T (NYSE:T) on 6/5/2026.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 6/5/2026.
• Purchased $1,001 – $15,000 in shares of Medpace (NASDAQ:MEDP) on 5/15/2026.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 5/15/2026.
• Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 5/15/2026.
• Purchased $1,001 – $15,000 in shares of AT&T (NYSE:T) on 5/15/2026.

Amazon.com Stock Up 0.1%

Shares of NASDAQ:AMZN opened at $234.24 on Thursday. Amazon.com, Inc. has a 12-month low of $196.00 and a 12-month high of $278.56. The stock’s 50-day moving average price is $256.29 and its two-hundred day moving average price is $234.16. The company has a current ratio of 1.18, a quick ratio of 1.01 and a debt-to-equity ratio of 0.27. The firm has a market cap of $2.52 trillion, a price-to-earnings ratio of 28.02, a PEG ratio of 1.75 and a beta of 1.44.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share for the quarter, topping the consensus estimate of $1.63 by $1.15. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. The business had revenue of $181.52 billion for the quarter, compared to analyst estimates of $177.28 billion. During the same period in the prior year, the firm posted $1.59 EPS. The company’s revenue was up 16.6% on a year-over-year basis. On average, research analysts forecast that Amazon.com, Inc. will post 7.71 EPS for the current year.

Insider Transactions at Amazon.com

In other news, VP Shelley Reynolds sold 2,363 shares of Amazon.com stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $262.38, for a total value of $620,003.94. Following the completion of the transaction, the vice president directly owned 119,780 shares of the company’s stock, valued at approximately $31,427,876.40. The trade was a 1.93% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew R. Jassy sold 20,000 shares of the business’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $263.42, for a total transaction of $5,268,400.00. Following the sale, the chief executive officer directly owned 2,205,766 shares of the company’s stock, valued at approximately $581,042,879.72. This represents a 0.90% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 195,774 shares of company stock valued at $51,614,434 over the last ninety days. 8.90% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on AMZN shares. The Goldman Sachs Group reissued a “buy” rating and set a $325.00 price objective (up from $275.00) on shares of Amazon.com in a research note on Thursday, April 30th. New Street Research lifted their target price on Amazon.com from $280.00 to $350.00 and gave the company a “buy” rating in a report on Monday, May 4th. Susquehanna reissued a “positive” rating and set a $325.00 price target (up from $300.00) on shares of Amazon.com in a research report on Thursday, April 30th. Roth Mkm upped their price target on Amazon.com from $285.00 to $300.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Finally, Moffett Nathanson raised their price objective on Amazon.com from $283.00 to $288.00 and gave the stock a “buy” rating in a report on Tuesday, April 7th. Fifty-seven investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, Amazon.com presently has a consensus rating of “Moderate Buy” and a consensus target price of $312.78.

Hedge Funds Weigh In On Amazon.com

A number of institutional investors and hedge funds have recently bought and sold shares of AMZN. Basecamp Wealth Advisors LLC increased its position in shares of Amazon.com by 0.3% during the first quarter. Basecamp Wealth Advisors LLC now owns 36,403 shares of the e-commerce giant’s stock worth $7,582,000 after acquiring an additional 125 shares during the last quarter. Redwood Investment Management LLC grew its position in shares of Amazon.com by 2.3% during the first quarter. Redwood Investment Management LLC now owns 32,445 shares of the e-commerce giant’s stock worth $6,757,000 after buying an additional 724 shares in the last quarter. Ballast Advisors LLC grew its position in shares of Amazon.com by 4.1% during the first quarter. Ballast Advisors LLC now owns 21,281 shares of the e-commerce giant’s stock worth $4,432,000 after buying an additional 841 shares in the last quarter. Western Wealth Management LLC increased its stake in shares of Amazon.com by 25.3% in the first quarter. Western Wealth Management LLC now owns 189,362 shares of the e-commerce giant’s stock worth $39,439,000 after buying an additional 38,238 shares during the last quarter. Finally, Pangea Capital Gestao de Recursos Ltda. bought a new stake in shares of Amazon.com in the first quarter worth $18,999,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Trending Headlines about Amazon.com

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

• Positive Sentiment: Amazon is deepening its AI and cloud expansion in India with an additional $13 billion investment, bringing planned spending there to $48 billion through 2030. The move reinforces AWS growth prospects and supports Amazon’s long-term AI infrastructure buildout. Reuters: Amazon to invest additional $13 billion in India
• Positive Sentiment: Prime Day appears to be off to a strong start, with reports of solid online spending and rising AI-assisted shopping activity. That supports investor hopes for a sales beat and highlights Amazon’s ability to monetize AI tools across retail. Reuters: US online spending hits $8.3 billion as Amazon Prime Day kicks off
• Positive Sentiment: Wall Street support remains strong, with BMO Capital reiterating a Buy rating and a $355 price target. Other commentary also points to Amazon’s cloud, advertising, and subscription businesses as long-term value drivers. Insider Monkey: BMO Capital Reiterates Buy Rating on Amazon.com
• Positive Sentiment: Institutional and hedge fund interest also looks supportive, with reports that major investors including Ark Invest and several prominent fund managers have been buying AMZN shares. Fortune: billionaire fund managers piling into Amazon
• Neutral Sentiment: EU regulators said Amazon’s cloud services should fall under the Digital Markets Act as “gatekeepers.” This could mean more compliance obligations and oversight, but it does not yet represent a direct financial penalty. Reuters: Amazon cloud computing services should fall under EU tech rules
• Neutral Sentiment: Amazon also continues to generate headlines around Zoox robotaxi upgrades, warehouse automation, and AWS product expansion, underscoring the company’s broader AI and technology optionality.

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.

David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

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.