Amazon.com (NASDAQ:AMZN) Shares Up 1.6% – What’s Next?

Amazon.com, Inc. (NASDAQ:AMZN)’s stock price traded up 1.6% during trading on Monday . The stock traded as high as $251.75 and last traded at $248.40. 36,239,352 shares changed hands during trading, a decline of 20% from the average session volume of 45,286,000 shares. The stock had previously closed at $244.41.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on AMZN. JPMorgan Chase & Co. upped their price objective on shares of Amazon.com from $265.00 to $305.00 and gave the company an “overweight” rating in a research note on Friday, October 31st. New Street Research upped their target price on Amazon.com from $270.00 to $340.00 and gave the company a “buy” rating in a research report on Tuesday, November 4th. Pivotal Research raised their price target on Amazon.com from $285.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. CIBC boosted their price objective on Amazon.com to $315.00 in a research note on Monday, October 20th. Finally, TD Cowen increased their price objective on Amazon.com from $255.00 to $300.00 and gave the company a “buy” rating in a report on Friday, October 31st. Two analysts have rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $294.04.

Amazon.com Price Performance

The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The company has a 50 day moving average price of $227.39 and a 200 day moving average price of $219.01. The firm has a market cap of $2.66 trillion, a PE ratio of 37.87, a PEG ratio of 1.52 and a beta of 1.29.

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

Insider Transactions at Amazon.com

In other news, Director Jonathan Rubinstein sold 8,173 shares of the firm’s stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $250.03, for a total value of $2,043,495.19. Following the completion of the sale, the director directly owned 80,030 shares of the company’s stock, valued at $20,009,900.90. This trade represents a 9.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Andrew R. Jassy sold 19,872 shares of the company’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.58, for a total value of $4,403,237.76. Following the transaction, the chief executive officer directly owned 2,178,502 shares in the company, valued at $482,712,473.16. This represents a 0.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 128,084 shares of company stock valued at $29,405,457 over the last 90 days. Insiders own 9.70% of the company’s stock.

Institutional Investors Weigh In On Amazon.com

Institutional investors have recently made changes to their positions in the stock. TD Asset Management Inc grew its stake in shares of Amazon.com by 0.7% during the 3rd quarter. TD Asset Management Inc now owns 8,251,433 shares of the e-commerce giant’s stock worth $1,811,767,000 after purchasing an additional 61,317 shares during the period. Affinity Investment Advisors LLC purchased a new stake in Amazon.com during the third quarter worth about $705,000. Parkside Investments LLC boosted its holdings in Amazon.com by 7.4% during the third quarter. Parkside Investments LLC now owns 77,186 shares of the e-commerce giant’s stock worth $16,947,000 after buying an additional 5,338 shares in the last quarter. M3 Advisory Group LLC grew its position in Amazon.com by 4.3% during the third quarter. M3 Advisory Group LLC now owns 9,777 shares of the e-commerce giant’s stock worth $2,147,000 after buying an additional 399 shares during the period. Finally, Colonial Trust Co SC increased its holdings in Amazon.com by 5.1% in the third quarter. Colonial Trust Co SC now owns 61,871 shares of the e-commerce giant’s stock valued at $13,585,000 after buying an additional 2,991 shares in the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

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.