Amazon.com, Inc. (NASDAQ:AMZN) Given Average Rating of “Moderate Buy” by Brokerages

Amazon.com, Inc. (NASDAQ:AMZN) has earned a consensus rating of “Moderate Buy” from the sixty ratings firms that are covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a hold rating and fifty-seven have issued a buy rating on the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $312.7931.

A number of equities analysts recently commented on the stock. Barclays reissued an “overweight” rating on shares of Amazon.com in a research note on Tuesday, June 9th. Arete Research increased their target price on Amazon.com from $301.00 to $310.00 and gave the company a “buy” rating in a research report on Monday, May 18th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $315.00 price target (up from $300.00) on shares of Amazon.com in a report on Thursday, April 30th. BMO Capital Markets boosted their price target on Amazon.com from $310.00 to $315.00 and gave the stock an “outperform” rating in a research report on Thursday, April 23rd. Finally, Wells Fargo & Company restated an “overweight” rating and set a $313.00 price objective (up from $312.00) on shares of Amazon.com in a research note on Thursday, July 2nd.

Insider Buying and Selling

In other news, CEO Matthew S. Garman sold 15,467 shares of the firm’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $263.40, for a total value of $4,074,007.80. Following the sale, the chief executive officer directly owned 14,159 shares in the company, valued at approximately $3,729,480.60. This trade represents a 52.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 9,270 shares of the firm’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $268.53, for a total transaction of $2,489,273.10. Following the completion of the sale, the senior vice president owned 41,190 shares in the company, valued at $11,060,750.70. This represents a 18.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 195,774 shares of company stock worth $51,643,704 over the last ninety days. 8.90% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Amazon.com

Hedge funds and other institutional investors have recently bought and sold shares of the company. First Community Trust NA boosted its stake in Amazon.com by 2.5% in the second quarter. First Community Trust NA now owns 12,383 shares of the e-commerce giant’s stock valued at $2,951,000 after acquiring an additional 303 shares in the last quarter. Walker Asset Management LLC increased its position in shares of Amazon.com by 4.3% during the second quarter. Walker Asset Management LLC now owns 9,249 shares of the e-commerce giant’s stock worth $2,204,000 after purchasing an additional 378 shares in the last quarter. Ballast Inc. increased its position in shares of Amazon.com by 25.3% during the second quarter. Ballast Inc. now owns 23,220 shares of the e-commerce giant’s stock worth $5,534,000 after purchasing an additional 4,695 shares in the last quarter. Lee Kelleher & Klein Wealth Management purchased a new stake in shares of Amazon.com during the 2nd quarter valued at $207,000. Finally, Regent Peak Wealth Advisors LLC lifted its holdings in shares of Amazon.com by 2.0% during the 2nd quarter. Regent Peak Wealth Advisors LLC now owns 49,094 shares of the e-commerce giant’s stock valued at $11,701,000 after purchasing an additional 940 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Amazon.com Stock Down 0.7%

NASDAQ AMZN traded down $1.70 during trading on Friday, reaching $245.34. 31,617,563 shares of the company’s stock traded hands, compared to its average volume of 58,414,680. Amazon.com has a 12-month low of $196.00 and a 12-month high of $278.56. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.18 and a quick ratio of 1.01. The firm has a market cap of $2.64 trillion, a price-to-earnings ratio of 29.35, a price-to-earnings-growth ratio of 1.83 and a beta of 1.46. The company’s 50 day simple moving average is $253.04 and its two-hundred day simple moving average is $235.31.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share for the quarter, topping the consensus estimate of $1.63 by $1.15. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. The firm had revenue of $181.52 billion during the quarter, compared to analysts’ expectations of $177.28 billion. During the same quarter in the prior year, the company earned $1.59 EPS. The company’s revenue was up 16.6% compared to the same quarter last year. As a group, sell-side analysts forecast that Amazon.com will post 7.75 EPS for the current fiscal year.

Key Amazon.com News

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

• Positive Sentiment: Several reports highlighted Amazon’s expanding AI/data-center buildout, including plans to increase capacity and a $25 billion bond sale to fund infrastructure, which bulls see as supporting long-term AWS growth. Amazon’s New Debt Deal Puts Its AI Spending Story on Trial
• Positive Sentiment: Analyst coverage remained constructive, with BNP Paribas keeping an Outperform rating and a $345 target, while BofA raised its price target and cited improving sell-through trends for Amazon’s retail business. Amazon’s Valuation Looks Attractive Ahead of Earnings: Analyst
• Positive Sentiment: Articles also framed Amazon as a leading AI winner, noting that hyperscaler spending may be “pre-sold” through future demand and that Amazon’s valuation remains attractive relative to peers. Nervous About AI Spending? Buy the Stocks of These 3 Tech Giants.
• Neutral Sentiment: One story said Amazon is cheaper than Walmart and Costco on a key valuation metric, but the explanation was more about business mix than a clear near-term catalyst. Why Is Amazon so Much Cheaper Than Walmart and Costco? This Is the Only Answer I Can Think of.
• Negative Sentiment: Investors remain wary of Amazon’s heavy capex and rising debt needs, with some coverage warning that free cash flow has been squeezed as the company funds its AI expansion. Huge News for Amazon Stock Investors!
• Negative Sentiment: There were also headlines about Third Point trimming its Amazon stake and commentary about insider selling, which can add to short-term caution. Billionaire Investor Retreats From Retail, Exits Alibaba Entirely, Cuts Amazon Stake 10%

Amazon.com Company Profile

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.