Douglas Herrington Sells 1,000 Shares of Amazon.com (NASDAQ:AMZN) Stock

Amazon.com, Inc. (NASDAQ:AMZN) CEO Douglas Herrington sold 1,000 shares of Amazon.com stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $254.77, for a total transaction of $254,770.00. Following the sale, the chief executive officer owned 475,681 shares of the company’s stock, valued at approximately $121,189,248.37. This represents a 0.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Amazon.com Trading Up 1.5%

Shares of AMZN traded up $3.92 on Thursday, reaching $258.90. 25,982,952 shares of the company’s stock were exchanged, compared to its average volume of 48,243,785. The business has a 50 day moving average price of $252.99 and a two-hundred day moving average price of $241.79. Amazon.com, Inc. has a 12 month low of $196.00 and a 12 month high of $287.20. The stock has a market capitalization of $2.79 trillion, a P/E ratio of 20.83, a price-to-earnings-growth ratio of 1.97 and a beta of 1.44. The company has a current ratio of 1.03, a quick ratio of 0.87 and a debt-to-equity ratio of 0.23.

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

Institutional Investors Weigh In On Amazon.com

Hedge funds have recently modified their holdings of the business. Anchor Capital Advisors LLC grew its stake in shares of Amazon.com by 2,199.1% during the 2nd quarter. Anchor Capital Advisors LLC now owns 99,138 shares of the e-commerce giant’s stock worth $23,629,000 after acquiring an additional 94,826 shares in the last quarter. MLG Wealth Management DBA Pine Grove Financial Group raised its holdings in shares of Amazon.com by 21.2% in the second quarter. MLG Wealth Management DBA Pine Grove Financial Group now owns 8,272 shares of the e-commerce giant’s stock valued at $1,958,000 after purchasing an additional 1,448 shares during the last quarter. Kinetic Wealth Investment Advisors LLC bought a new stake in shares of Amazon.com in the second quarter worth $257,000. Range Advisory LLC lifted its position in shares of Amazon.com by 45.2% in the second quarter. Range Advisory LLC now owns 48,710 shares of the e-commerce giant’s stock worth $11,609,000 after purchasing an additional 15,168 shares in the last quarter. Finally, Capital & Planning LLC boosted its holdings in Amazon.com by 26.6% during the second quarter. Capital & Planning LLC now owns 2,950 shares of the e-commerce giant’s stock worth $703,000 after purchasing an additional 620 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on AMZN shares. TD Cowen restated a “buy” rating and issued a $350.00 price target (up from $340.00) on shares of Amazon.com in a research report on Friday, July 31st. Citizens Jmp reiterated a “market outperform” rating and issued a $315.00 price objective on shares of Amazon.com in a report on Friday, July 31st. Rosenblatt Securities started coverage on Amazon.com in a research note on Thursday, August 20th. They issued a “buy” rating and a $335.00 target price on the stock. JPMorgan Chase & Co. raised their target price on Amazon.com from $330.00 to $365.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. Finally, Evercore set a $355.00 target price on Amazon.com and gave the stock an “outperform” rating in a research report on Friday, August 28th. One analyst has rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $323.26.

Key Amazon.com News

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

• Positive Sentiment: AWS and AI remain the primary bullish catalysts. Recent coverage highlights AWS’s fastest growth in 18 quarters and Amazon’s roughly $200 billion 2026 AI infrastructure commitment. Analysts and investors view AWS’s profitability and expanding AI demand as key drivers of future earnings and cash flow. Microsoft, Amazon and 8 More Stocks Set to Win in a $26 Trillion AI Market
• Positive Sentiment: Zoox expanded commercial robotaxi operations to Harry Reid International Airport in Las Vegas. The move gives Amazon’s autonomous-vehicle subsidiary access to a major transportation hub shortly after beginning paid rides, strengthening its competitive position against Waymo, Tesla and Uber while creating a potential long-term growth option. Amazon’s Zoox expands its robotaxi service to Las Vegas airport
• Positive Sentiment: Amazon is expanding its logistics and commerce ecosystem. The company expects its delivery network to handle nearly 90% of its U.S. packages by 2029, while a new YouTube shopping integration could broaden creator-led product sales. These initiatives may improve delivery control and increase customer acquisition. Amazon projects it’s on track to deliver nearly 90% of its own US packages
• Neutral Sentiment: Amazon added Alexa scam protection. U.S. customers can ask Alexa for Shopping whether an email, text, call or other message came from Amazon. The feature could strengthen trust and reduce fraud-related customer harm, but its near-term financial impact is unclear. Amazon Adds Alexa Scam Protection as Consumer Fraud Losses Rise
• Negative Sentiment: Regulatory scrutiny is a risk. The Justice Department requested beef-pricing data from Amazon and other retailers as part of an investigation into rising meat prices. Amazon is also facing continuing FTC scrutiny over its advertising practices, increasing potential legal costs and headline risk. DOJ expands beef price investigation
• Negative Sentiment: Heavy AI spending could pressure near-term returns. Although investment supports AWS growth, the scale of capital expenditure raises depreciation, execution and free-cash-flow concerns. Labor disputes and additional corporate job cuts add further operational risk. What’s Wrong With Amazon Stock?

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.