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

Amazon.com, Inc. (NASDAQ:AMZN) CEO Douglas Herrington sold 1,000 shares of the business’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $265.65, for a total transaction of $265,650.00. Following the completion of the sale, the chief executive officer directly owned 498,861 shares of the company’s stock, valued at approximately $132,522,424.65. The trade was a 0.20% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Amazon.com Price Performance

NASDAQ AMZN traded up $1.49 on Tuesday, hitting $273.54. The company had a trading volume of 41,605,006 shares, compared to its average volume of 50,407,977. The company has a market capitalization of $2.94 trillion, a PE ratio of 32.72, a PEG ratio of 2.01 and a beta of 1.46. The company’s fifty day moving average price is $223.63 and its 200-day moving average price is $227.48. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.18 and a quick ratio of 1.01. Amazon.com, Inc. has a 12-month low of $183.85 and a 12-month high of $278.56.

Amazon.com (NASDAQ:AMZNGet Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 EPS for the quarter, topping the consensus estimate of $1.63 by $1.15. The company had revenue of $181.52 billion during the quarter, compared to analyst estimates of $177.28 billion. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. The firm’s revenue was up 16.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.59 EPS. As a group, analysts predict that Amazon.com, Inc. will post 7.71 earnings per share for the current year.

Key Stories Impacting Amazon.com

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

  • Positive Sentiment: ASCS launch opens a large new TAM by commercializing Amazon’s logistics stack (freight, fulfillment, parcel) — a potential “AWS‑like” high‑margin business that knocked down UPS/FDX and is being priced as a meaningful upside for AMZN. Amazon opens up its logistics network to other businesses
  • Positive Sentiment: Analysts and research houses raised targets and reiterated buys (examples include BNP Paribas, China Renaissance, New Street, DZ Bank), giving the stock additional upside and validating the AI/AWS/logistics story. BNP Paribas raises target
  • Positive Sentiment: Q1 results and AWS momentum: Amazon beat EPS/revenue and AWS growth reaccelerated, supporting management’s message that large AI infrastructure spending is beginning to translate into revenue. AWS and logistics thesis
  • Positive Sentiment: Product expansion — same‑day fresh grocery deliveries for business customers expands addressable market and cross‑sell opportunities for Amazon Business. Fresh grocery deliveries to businesses
  • Neutral Sentiment: Insider transaction: a director sold ~3,700 shares under a pre‑arranged Rule 10b5‑1 plan — routine disclosure, limited signal for fundamentals. Director sale disclosed
  • Neutral Sentiment: Product/AI integrations: Amazon is experimenting with merging its Rufus AI chat into main search and rolling out internal AI tooling (Claude Code/Codex) — operationally constructive but unclear near‑term revenue impact. Rufus AI search integration
  • Negative Sentiment: CapEx and FCF pressure: Amazon’s massive AI/capex program (>$200B disclosed) has pushed free cash flow sharply lower; if revenue or AWS/AI demand disappoints, the cash burn could dent multiples and trigger downside risk. Cash burn analysis
  • Negative Sentiment: Macro/market risk: commentary warns hyperscaler AI spending could add to inflationary and energy cost pressures, a broader headwind for valuations and margins. AI spending and inflation risk

Institutional Investors Weigh In On Amazon.com

A number of hedge funds have recently modified their holdings of the company. Blackhawk Capital Partners LLC grew its holdings in shares of Amazon.com by 1.7% in the first quarter. Blackhawk Capital Partners LLC now owns 34,896 shares of the e-commerce giant’s stock valued at $7,268,000 after purchasing an additional 570 shares during the period. Illinois Municipal Retirement Fund grew its holdings in shares of Amazon.com by 4.7% in the first quarter. Illinois Municipal Retirement Fund now owns 715,561 shares of the e-commerce giant’s stock valued at $149,030,000 after purchasing an additional 32,181 shares during the period. Gentry Private Wealth LLC grew its holdings in shares of Amazon.com by 29.0% in the first quarter. Gentry Private Wealth LLC now owns 7,698 shares of the e-commerce giant’s stock valued at $1,603,000 after purchasing an additional 1,732 shares during the period. Journey Advisory Group LLC grew its holdings in shares of Amazon.com by 89.7% in the first quarter. Journey Advisory Group LLC now owns 44,351 shares of the e-commerce giant’s stock valued at $9,237,000 after purchasing an additional 20,968 shares during the period. Finally, Providence Wealth Advisors LLC grew its holdings in shares of Amazon.com by 0.6% in the first quarter. Providence Wealth Advisors LLC now owns 18,256 shares of the e-commerce giant’s stock valued at $3,838,000 after purchasing an additional 112 shares during the period. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on AMZN. Wells Fargo & Company reaffirmed an “overweight” rating and set a $313.00 target price (up from $307.00) on shares of Amazon.com in a report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Amazon.com from $290.00 to $315.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Daiwa Securities Group dropped their target price on shares of Amazon.com from $300.00 to $280.00 and set a “buy” rating for the company in a report on Wednesday, February 11th. Rosenblatt Securities upped their target price on shares of Amazon.com from $296.00 to $332.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Finally, Wolfe Research reaffirmed an “outperform” rating and set a $320.00 target price (up from $245.00) on shares of Amazon.com in a report on Thursday, April 30th. Fifty-six analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $313.09.

View Our Latest Stock Analysis on AMZN

About Amazon.com

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Amazon.com (NASDAQ:AMZN)

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