Amazon.com (NASDAQ:AMZN) Shares Unloaded Rep. Julie Johnson

Representative Julie Johnson (D-Texas) recently sold shares of Amazon.com, Inc. (NASDAQ:AMZN). In a filing disclosed on May 14th, the Representative disclosed that they had sold between $15,001 and $50,000 in Amazon.com stock on April 7th. The trade occurred in the Representative’s “MERRILL LYNCH LONG TERM GROWTH” account.

Representative Julie Johnson also recently made the following trade(s):

  • Purchased $1,001 – $15,000 in shares of Fidelity National Information Services (NYSE:FIS) on 4/30/2025.
  • Sold $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 4/22/2025.
  • Purchased $1,001 – $15,000 in shares of Fidelity National Information Services (NYSE:FIS) on 4/22/2025.
  • Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 4/15/2025.
  • Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 4/11/2025.
  • Purchased $1,001 – $15,000 in shares of 3M (NYSE:MMM) on 4/11/2025.
  • Sold $1,001 – $15,000 in shares of DT Midstream (NYSE:DTM) on 4/7/2025.
  • Sold $1,001 – $15,000 in shares of Intuitive Surgical (NASDAQ:ISRG) on 4/7/2025.
  • Sold $1,001 – $15,000 in shares of Howmet Aerospace (NYSE:HWM) on 4/7/2025.
  • Sold $1,001 – $15,000 in shares of Carlisle Companies (NYSE:CSL) on 4/7/2025.

Amazon.com Trading Up 0.2%

Amazon.com stock opened at $205.59 on Friday. The stock has a 50-day moving average of $189.33 and a two-hundred day moving average of $208.61. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.87 and a current ratio of 1.06. Amazon.com, Inc. has a one year low of $151.61 and a one year high of $242.52. The stock has a market cap of $2.18 trillion, a PE ratio of 37.18, a price-to-earnings-growth ratio of 1.50 and a beta of 1.30.

Amazon.com (NASDAQ:AMZNGet Free Report) last released its quarterly earnings results on Thursday, May 1st. The e-commerce giant reported $1.59 EPS for the quarter, beating analysts’ consensus estimates of $1.38 by $0.21. Amazon.com had a return on equity of 24.25% and a net margin of 9.29%. The company had revenue of $155.67 billion during the quarter, compared to analysts’ expectations of $154.96 billion. During the same period last year, the business posted $0.98 earnings per share. The firm’s revenue was up 8.6% compared to the same quarter last year. On average, research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Institutional Trading of Amazon.com

A number of institutional investors have recently made changes to their positions in the company. Cable Hill Partners LLC boosted its stake in shares of Amazon.com by 0.5% in the fourth quarter. Cable Hill Partners LLC now owns 9,588 shares of the e-commerce giant’s stock worth $2,104,000 after acquiring an additional 44 shares during the last quarter. Quattro Financial Advisors LLC boosted its stake in Amazon.com by 23.8% during the fourth quarter. Quattro Financial Advisors LLC now owns 234 shares of the e-commerce giant’s stock worth $51,000 after buying an additional 45 shares during the last quarter. Northern Capital Management Inc. boosted its stake in Amazon.com by 0.6% during the fourth quarter. Northern Capital Management Inc. now owns 7,353 shares of the e-commerce giant’s stock worth $1,613,000 after buying an additional 45 shares during the last quarter. White Wing Wealth Management boosted its stake in Amazon.com by 2.4% during the fourth quarter. White Wing Wealth Management now owns 1,972 shares of the e-commerce giant’s stock worth $433,000 after buying an additional 47 shares during the last quarter. Finally, MBM Wealth Consultants LLC boosted its stake in Amazon.com by 0.6% during the fourth quarter. MBM Wealth Consultants LLC now owns 8,578 shares of the e-commerce giant’s stock worth $1,889,000 after buying an additional 48 shares during the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on AMZN. Scotiabank reduced their price objective on Amazon.com from $306.00 to $250.00 and set a “sector outperform” rating for the company in a research note on Monday, April 21st. Oppenheimer reduced their price objective on Amazon.com from $260.00 to $220.00 and set an “outperform” rating for the company in a research note on Monday, April 28th. Cantor Fitzgerald raised their price objective on Amazon.com from $230.00 to $240.00 and gave the stock an “overweight” rating in a research note on Friday, May 2nd. Canaccord Genuity Group restated a “buy” rating on shares of Amazon.com in a research note on Thursday, February 13th. Finally, Citigroup restated an “outperform” rating on shares of Amazon.com in a research note on Friday, May 2nd. Four investment analysts have rated the stock with a hold rating and forty-four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $244.09.

Read Our Latest Stock Report on AMZN

Insiders Place Their Bets

In other Amazon.com news, SVP David Zapolsky sold 5,848 shares of the business’s stock in a transaction on Friday, February 21st. The stock was sold at an average price of $220.72, for a total transaction of $1,290,770.56. Following the transaction, the senior vice president now owns 69,162 shares of the company’s stock, valued at approximately $15,265,436.64. The trade was a 7.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Shelley Reynolds sold 8,833 shares of the business’s stock in a transaction on Friday, February 21st. The stock was sold at an average price of $222.47, for a total value of $1,965,077.51. Following the transaction, the vice president now directly owns 119,780 shares in the company, valued at $26,647,456.60. This trade represents a 6.87% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 80,798 shares of company stock valued at $17,696,733. Insiders own 9.70% of the company’s stock.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.

Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.

Amazon.com Company Profile

(Get Free Report)

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.

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