Insider Selling: Amazon.com (NASDAQ:AMZN) CEO Sells 4,784 Shares of Stock

Amazon.com, Inc. (NASDAQ:AMZN) CEO Douglas Herrington sold 4,784 shares of the business’s stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $232.71, for a total value of $1,113,284.64. Following the transaction, the chief executive officer directly owned 498,182 shares in the company, valued at $115,931,933.22. This trade represents a 0.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Amazon.com Trading Down 4.4%

AMZN stock traded down $10.32 on Tuesday, reaching $222.55. The company’s stock had a trading volume of 60,394,169 shares, compared to its average volume of 45,214,422. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The business has a fifty day simple moving average of $228.64 and a two-hundred day simple moving average of $221.28. The firm has a market cap of $2.38 trillion, a PE ratio of 33.93, a PEG ratio of 1.52 and a beta of 1.29. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $258.60.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 EPS for the quarter, topping the consensus estimate of $1.57 by $0.38. The firm had revenue of $180.17 billion during the quarter, compared to analysts’ expectations of $177.53 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The company’s quarterly revenue was up 13.4% compared to the same quarter last year. During the same period last year, the company posted $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. As a group, research analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

Institutional Trading of Amazon.com

Several institutional investors have recently bought and sold shares of the company. Fairway Wealth LLC boosted its stake in Amazon.com by 113.2% during the 3rd quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant’s stock valued at $25,000 after purchasing an additional 60 shares during the last quarter. Carderock Capital Management Inc. purchased a new position in shares of Amazon.com in the second quarter worth $27,000. Sellwood Investment Partners LLC bought a new position in shares of Amazon.com during the third quarter valued at $27,000. Cooksen Wealth LLC bought a new position in shares of Amazon.com during the first quarter valued at $36,000. Finally, Maryland Capital Advisors Inc. boosted its position in shares of Amazon.com by 81.9% during the second quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock valued at $46,000 after buying an additional 95 shares during the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on AMZN. Susquehanna set a $300.00 target price on Amazon.com and gave the company a “positive” rating in a research note on Friday, October 31st. JMP Securities set a $300.00 price objective on Amazon.com in a report on Friday, October 31st. Royal Bank Of Canada reissued an “outperform” rating on shares of Amazon.com in a research report on Friday, October 31st. Rothschild & Co Redburn reaffirmed a “neutral” rating and issued a $250.00 target price on shares of Amazon.com in a research report on Tuesday. Finally, CIBC increased their price target on shares of Amazon.com to $315.00 in a research note on Monday, October 20th. Two investment analysts have rated the stock with a Strong Buy rating, fifty-seven have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Amazon.com currently has an average rating of “Moderate Buy” and an average price target of $294.70.

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.