Amazon.com (NASDAQ:AMZN) Director Sells $2,043,495.19 in Stock

Amazon.com, Inc. (NASDAQ:AMZN) Director Jonathan Rubinstein sold 8,173 shares of the firm’s stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $250.03, for a total transaction of $2,043,495.19. Following the transaction, the director owned 80,030 shares of the company’s stock, valued at approximately $20,009,900.90. This trade represents a 9.27% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Amazon.com Price Performance

Shares of NASDAQ:AMZN traded down $4.68 during trading hours on Tuesday, hitting $249.32. 51,356,719 shares of the company’s stock traded hands, compared to its average volume of 45,334,453. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $258.60. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The company’s fifty day simple moving average is $226.43 and its two-hundred day simple moving average is $217.49. The company has a market cap of $2.66 trillion, a price-to-earnings ratio of 38.01, a price-to-earnings-growth ratio of 1.52 and a beta of 1.28.

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

Hedge Funds Weigh In On Amazon.com

Several large investors have recently added to or reduced their stakes in the company. Western Wealth Management LLC grew its position in shares of Amazon.com by 0.9% in the 1st quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant’s stock valued at $26,660,000 after acquiring an additional 1,297 shares during the period. Flaharty Asset Management LLC grew its holdings in Amazon.com by 87.7% during the first quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant’s stock worth $968,000 after purchasing an additional 2,377 shares during the period. Barnes Dennig Private Wealth Management LLC bought a new position in Amazon.com during the first quarter worth about $514,000. Border to Coast Pensions Partnership Ltd grew its holdings in Amazon.com by 6.0% during the second quarter. Border to Coast Pensions Partnership Ltd now owns 1,136,311 shares of the e-commerce giant’s stock worth $249,295,000 after purchasing an additional 63,924 shares during the period. Finally, Abel Hall LLC boosted its stake in shares of Amazon.com by 7.3% during the 2nd quarter. Abel Hall LLC now owns 12,740 shares of the e-commerce giant’s stock worth $2,795,000 after acquiring an additional 863 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analyst Ratings Changes

AMZN has been the subject of a number of research reports. Wedbush reissued an “outperform” rating and set a $340.00 target price on shares of Amazon.com in a research note on Monday. William Blair reissued an “outperform” rating on shares of Amazon.com in a research report on Monday. Citizens Jmp lifted their price objective on Amazon.com from $285.00 to $300.00 and gave the company a “market outperform” rating in a research report on Friday. Needham & Company LLC reissued a “buy” rating and set a $265.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. Finally, BMO Capital Markets reiterated an “outperform” rating and set a $300.00 price target on shares of Amazon.com in a report on Friday. Two research analysts have rated the stock with a Strong Buy rating, fifty-three have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $293.42.

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.