Amazon.com’s (AMZN) “Buy” Rating Reaffirmed at Rosenblatt Securities

Rosenblatt Securities reaffirmed their buy rating on shares of Amazon.com (NASDAQ:AMZN) in a research note published on Tuesday,Benzinga reports. Rosenblatt Securities currently has a $305.00 target price on the e-commerce giant’s stock.

Several other research analysts also recently weighed in on AMZN. DA Davidson boosted their price target on Amazon.com from $265.00 to $300.00 and gave the company a “buy” rating in a report on Friday, October 31st. Truist Financial set a $290.00 target price on Amazon.com in a research note on Friday, October 31st. Stifel Nicolaus raised their price target on Amazon.com from $269.00 to $295.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. UBS Group set a $310.00 price target on Amazon.com in a report on Friday, October 31st. Finally, Zacks Research upgraded shares of Amazon.com from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 22nd. One analyst has rated the stock with a Strong Buy rating, fifty-six have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $295.78.

Amazon.com Price Performance

NASDAQ:AMZN opened at $229.67 on Tuesday. Amazon.com has a 12-month low of $161.38 and a 12-month high of $258.60. The firm has a market cap of $2.46 trillion, a price-to-earnings ratio of 35.01, a price-to-earnings-growth ratio of 1.52 and a beta of 1.29. The company’s 50-day moving average is $227.58 and its two-hundred day moving average is $222.71. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15.

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

Insider Transactions at Amazon.com

In other news, CEO Matthew S. Garman sold 17,768 shares of the stock in a transaction on Friday, November 21st. The shares were sold at an average price of $216.90, for a total value of $3,853,879.20. Following the completion of the sale, the chief executive officer owned 6,273 shares of the company’s stock, valued at $1,360,613.70. This represents a 73.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Douglas J. Herrington sold 22,000 shares of the firm’s stock in a transaction on Friday, October 31st. The shares were sold at an average price of $250.03, for a total transaction of $5,500,660.00. Following the completion of the transaction, the chief executive officer directly owned 493,507 shares in the company, valued at approximately $123,391,555.21. This represents a 4.27% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 82,234 shares of company stock valued at $19,052,442 in the last three months. 9.70% of the stock is owned by company insiders.

Institutional Trading of Amazon.com

Large investors have recently added to or reduced their stakes in the stock. Fairway Wealth LLC grew its position in Amazon.com by 113.2% in the third quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant’s stock valued at $25,000 after acquiring an additional 60 shares in the last quarter. Carderock Capital Management Inc. purchased a new position in shares of Amazon.com in the second quarter valued at $27,000. Sellwood Investment Partners LLC purchased a new position in shares of Amazon.com in the third quarter valued at $27,000. Cooksen Wealth LLC acquired a new stake in Amazon.com during the 1st quarter valued at $36,000. Finally, Maryland Capital Advisors Inc. increased its stake in Amazon.com by 81.9% during the 2nd quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock worth $46,000 after buying an additional 95 shares during the period. 72.20% of the stock is currently owned by institutional investors and hedge funds.

About Amazon.com

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.