Insider Selling: Amazon.com (NASDAQ:AMZN) CEO Sells $5,180,200.00 in Stock

Amazon.com, Inc. (NASDAQ:AMZN) CEO Andrew Jassy sold 20,000 shares of the company’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of $259.01, for a total transaction of $5,180,200.00. Following the sale, the chief executive officer owned 2,235,766 shares of the company’s stock, valued at $579,085,751.66. The trade was a 0.89% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Amazon.com Stock Down 1.5%

NASDAQ:AMZN opened at $256.26 on Friday. Amazon.com, Inc. has a 12-month low of $196.00 and a 12-month high of $287.20. The company has a quick ratio of 0.87, a current ratio of 1.03 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $2.76 trillion, a P/E ratio of 20.62, a P/E/G ratio of 1.73 and a beta of 1.45. The stock’s fifty day simple moving average is $251.18 and its 200-day simple moving average is $240.27.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, July 30th. The e-commerce giant reported $5.75 EPS for the quarter, beating analysts’ consensus estimates of $1.82 by $3.93. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%.The business had revenue of $200.61 billion during the quarter, compared to the consensus estimate of $197.03 billion. During the same quarter in the prior year, the company posted $1.68 earnings per share. The firm’s revenue was up 19.6% on a year-over-year basis. Equities research analysts expect that Amazon.com, Inc. will post 8.05 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on AMZN. Truist Financial upped their price target on Amazon.com from $320.00 to $350.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Piper Sandler restated an “overweight” rating and set a $320.00 price objective (up from $315.00) on shares of Amazon.com in a report on Friday, July 31st. TD Cowen reaffirmed a “buy” rating and issued a $350.00 target price (up from $340.00) on shares of Amazon.com in a research note on Friday, July 31st. JPMorgan Chase & Co. increased their target price on shares of Amazon.com from $330.00 to $365.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $325.00 price target (up from $315.00) on shares of Amazon.com in a research report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Amazon.com has a consensus rating of “Moderate Buy” and a consensus price target of $322.39.

Institutional Investors Weigh In On Amazon.com

Large investors have recently made changes to their positions in the stock. TOP Private Wealth LLC. bought a new position in shares of Amazon.com during the second quarter worth about $29,000. Bard Associates Inc. bought a new stake in Amazon.com in the 2nd quarter valued at approximately $32,000. Longfellow Investment Management Co. LLC bought a new stake in Amazon.com in the 2nd quarter valued at approximately $33,000. MilWealth Group LLC boosted its position in Amazon.com by 79.0% during the 4th quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant’s stock worth $41,000 after acquiring an additional 79 shares during the last quarter. Finally, Lifetime Wealth Management P.C. acquired a new position in Amazon.com during the 4th quarter worth approximately $45,000. Institutional investors own 72.20% of the company’s stock.

More Amazon.com News

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

• Positive Sentiment: AWS is expanding its AI infrastructure. Amazon and Nvidia announced an expanded collaboration under which AWS plans to deploy an additional 2 million Nvidia GPUs by 2028, bringing the reported total commitment to roughly 3 million chips. The investment supports expected demand for AI cloud capacity and could strengthen AWS’s competitive position. Amazon Nvidia GPU deal
• Positive Sentiment: Analysts continue to see significant upside. Evercore ISI reiterated a Buy rating, citing improving retail economics and new AI growth opportunities. Citizens maintained an outperform rating and a $315 price target, while other coverage has highlighted AWS momentum, Amazon’s logistics network and a valuation that could support a higher earnings multiple. Evercore Amazon rating
• Positive Sentiment: Amazon is adding potential sales channels. YouTube now allows eligible U.S. creators to tag Amazon products in Shorts, videos and livestreams while earning commissions, potentially increasing product discovery and conversion. Amazon is also benefiting from the continued expansion of onsite advertising. YouTube Amazon product tagging
• Neutral Sentiment: AWS’s DuckLabs acquisition could improve analytics capabilities. AWS is acquiring the team behind the open-source DuckDB database, a move aimed at strengthening cloud data and analytics offerings. Financial terms were not disclosed, so the near-term earnings impact is uncertain. Amazon DuckLabs acquisition
• Negative Sentiment: Capital spending is weighing on free cash flow. Reports indicate that AWS growth is being accompanied by substantial infrastructure purchases, with trailing free cash flow reportedly declining despite higher operating cash flow. Investors may be concerned that planned AI investments will take time to produce sufficient returns.
• Negative Sentiment: Insider selling adds to investor caution. Six executives reportedly sold more than $15 million of Amazon shares, including a vice president’s sale of approximately $607,000. The transactions were made under pre-arranged Rule 10b5-1 plans, which limits their significance but may still affect sentiment. Amazon recent news

About Amazon.com

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.