Jonathan Rubinstein Sells 8,173 Shares of Amazon.com (NASDAQ:AMZN) Stock

Amazon.com, Inc. (NASDAQ:AMZN) Director Jonathan Rubinstein sold 8,173 shares of the business’s stock in a transaction on Friday, October 31st. The shares were sold at an average price of $250.03, for a total transaction of $2,043,495.19. Following the transaction, the director owned 80,030 shares in the company, valued at $20,009,900.90. The trade was a 9.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Amazon.com Stock Up 0.4%

Amazon.com stock opened at $250.20 on Thursday. The company has a market capitalization of $2.67 trillion, a PE ratio of 38.14, a PEG ratio of 1.52 and a beta of 1.28. The firm’s fifty day moving average is $226.85 and its 200 day moving average is $217.72. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $258.60.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 EPS for the quarter, beating analysts’ consensus estimates of $1.57 by $0.38. The business had revenue of $180.17 billion during the quarter, compared to analyst estimates of $177.53 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. Amazon.com’s quarterly revenue was up 13.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. As a group, sell-side analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Wall Street Zen upgraded shares of Amazon.com from a “hold” rating to a “buy” rating in a research note on Saturday, August 2nd. CIBC boosted their price target on shares of Amazon.com to $315.00 in a research note on Monday, October 20th. BMO Capital Markets restated an “outperform” rating and set a $300.00 price target on shares of Amazon.com in a research note on Friday, October 31st. Roth Capital boosted their price target on shares of Amazon.com from $250.00 to $270.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Finally, Wedbush reiterated an “outperform” rating and issued a $340.00 target price on shares of Amazon.com in a research note on Monday. Two analysts have rated the stock with a Strong Buy rating, fifty-four have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $293.17.

Institutional Trading of Amazon.com

Several institutional investors have recently made changes to their positions in AMZN. Fairway Wealth LLC grew its position in Amazon.com by 113.2% during the third quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant’s stock valued at $25,000 after buying an additional 60 shares during the period. Carderock Capital Management Inc. bought a new position in Amazon.com during the second quarter valued at about $27,000. Sellwood Investment Partners LLC bought a new position in Amazon.com during the third quarter valued at about $27,000. Cooksen Wealth LLC bought a new position in Amazon.com during the first quarter valued at about $36,000. Finally, Inlight Wealth Management LLC bought a new position in Amazon.com during the first quarter valued at about $40,000. Institutional investors own 72.20% of the company’s stock.

Amazon.com Company Profile

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.