Amazon.com (NASDAQ:AMZN) SVP Sells $1,627,997.40 in Stock

Amazon.com, Inc. (NASDAQ:AMZN) SVP David Zapolsky sold 6,180 shares of the company’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $263.43, for a total transaction of $1,627,997.40. Following the completion of the sale, the senior vice president directly owned 50,460 shares of the company’s stock, valued at $13,292,677.80. This represents a 10.91% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

David Zapolsky also recently made the following trade(s):

• On Friday, May 22nd, David Zapolsky sold 9,270 shares of Amazon.com stock. The shares were sold at an average price of $268.53, for a total transaction of $2,489,273.10.

Amazon.com Trading Up 0.8%

Shares of AMZN opened at $274.00 on Friday. The company has a current ratio of 1.18, a quick ratio of 1.01 and a debt-to-equity ratio of 0.27. Amazon.com, Inc. has a 12-month low of $196.00 and a 12-month high of $278.56. The firm has a 50-day moving average price of $244.17 and a 200 day moving average price of $232.34. The firm has a market capitalization of $2.95 trillion, a P/E ratio of 32.78, a P/E/G ratio of 2.04 and a beta of 1.46.

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

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Arete Research increased their target price on shares of Amazon.com from $301.00 to $310.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. Royal Bank Of Canada set a $320.00 target price on shares of Amazon.com and gave the stock an “outperform” rating in a research note on Thursday, April 30th. Pivotal Research reaffirmed a “buy” rating and set a $320.00 target price (up from $300.00) on shares of Amazon.com in a research note on Thursday, April 30th. New Street Research increased their target price on shares of Amazon.com from $280.00 to $350.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Finally, Scotiabank reissued an “outperform” rating and issued a $325.00 price objective (up from $275.00) on shares of Amazon.com in a research note on Thursday, April 30th. Fifty-seven analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $312.66.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in AMZN. Vanguard Group Inc. raised its holdings in Amazon.com by 1.1% in the first quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock valued at $158,348,557,000 after acquiring an additional 8,913,959 shares in the last quarter. State Street Corp raised its holdings 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 acquiring an additional 6,971,680 shares in the last quarter. Geode Capital Management LLC raised its holdings in Amazon.com by 1.1% in 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 acquiring an additional 2,479,324 shares in the last quarter. Norges Bank acquired a new stake in Amazon.com in the fourth quarter valued at approximately $32,868,735,000. Finally, Auto Owners Insurance Co raised its holdings in Amazon.com by 27,376.7% in the fourth quarter. Auto Owners Insurance Co now owns 98,448,885 shares of the e-commerce giant’s stock valued at $2,272,397,000 after acquiring an additional 98,090,585 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Amazon.com News Roundup

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

• Positive Sentiment: Amazon Web Services got a major lift from news that Snowflake signed a $6 billion multiyear deal with AWS, underscoring strong demand for Amazon’s cloud infrastructure and AI-related chips. Article Title
• Positive Sentiment: Multiple analysts and market commentators remain bullish on AMZN, citing AWS acceleration, AI backlog growth, and margin expansion potential; UBS and Bank of America both reiterated constructive views and high price targets. Article Title
• Positive Sentiment: Amazon is also broadening its AI moat by making its shopping AI tools and potentially even SpaceX’s Grok models available through AWS, which could attract more enterprise customers and deepen platform usage. Article Title
• Positive Sentiment: Investor sentiment was helped by coverage arguing Amazon’s AI strategy is differentiated and that its cloud and retail ecosystem could remain a long-term winner as AI spending scales. Article Title
• Neutral Sentiment: Walmart’s expansion of 30-minute delivery adds competitive pressure in fast delivery, but it also confirms Amazon’s fulfillment model is still setting the pace in retail logistics. Article Title
• Negative Sentiment: Amazon’s local unit is facing an Australian regulator lawsuit over alleged missing warning labels on children’s backpacks with button batteries, creating a small legal and reputational headwind. Article Title
• Negative Sentiment: Some articles also pointed to heavy AI capex and insider selling, which may remind investors to watch margins and execution even as the growth narrative stays intact. Article Title

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.