Amazon.com (NASDAQ:AMZN) Trading Down 1.8% – Time to Sell?

Shares of Amazon.com, Inc. (NASDAQ:AMZN) were down 1.8% during trading on Tuesday . The company traded as low as $248.66 and last traded at $249.32. Approximately 49,462,112 shares were traded during mid-day trading, an increase of 9% from the average daily volume of 45,295,785 shares. The stock had previously closed at $254.00.

Analysts Set New Price Targets

A number of analysts have recently commented on AMZN shares. Weiss Ratings lowered shares of Amazon.com from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, October 24th. Citigroup lifted their price target on shares of Amazon.com from $270.00 to $320.00 and gave the stock a “buy” rating in a research note on Friday. DZ Bank reiterated a “buy” rating on shares of Amazon.com in a research note on Friday. Canaccord Genuity Group set a $300.00 price target on shares of Amazon.com and gave the stock a “buy” rating in a research note on Friday. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on shares of Amazon.com from $278.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday. Two research analysts have rated the stock with a Strong Buy rating, fifty-three have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Amazon.com presently has an average rating of “Moderate Buy” and a consensus target price of $293.42.

Amazon.com Trading Down 1.8%

The stock’s 50-day simple moving average is $226.02 and its two-hundred day simple moving average is $216.95. 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 firm has a market capitalization of $2.66 trillion, a P/E ratio of 38.01, a price-to-earnings-growth ratio of 1.52 and a beta of 1.28.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 EPS for the quarter, topping 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 firm had revenue of $180.17 billion for the quarter, compared to the consensus estimate of $177.53 billion. During the same quarter in the previous year, the firm earned $1.43 earnings per share. The company’s quarterly revenue was up 13.4% compared to the same quarter last year. Amazon.com has set its Q4 2025 guidance at EPS. Equities research analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insiders Place Their Bets

In other news, CEO Andrew R. Jassy sold 19,872 shares of the stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $221.58, for a total value of $4,403,237.76. Following the sale, the chief executive officer owned 2,178,502 shares of the company’s stock, valued at approximately $482,712,473.16. This represents a 0.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Douglas J. Herrington sold 2,500 shares of the stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $217.10, for a total transaction of $542,750.00. Following the completion of the sale, the chief executive officer directly owned 515,507 shares in the company, valued at approximately $111,916,569.70. This represents a 0.48% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 95,411 shares of company stock valued at $21,222,702. 9.70% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Fairway Wealth LLC grew its holdings in Amazon.com by 113.2% during the 3rd quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant’s stock worth $25,000 after acquiring an additional 60 shares in the last quarter. Carderock Capital Management Inc. bought a new position in Amazon.com during the 2nd quarter worth about $27,000. Sellwood Investment Partners LLC bought a new position in Amazon.com during the 3rd quarter worth about $27,000. Cooksen Wealth LLC purchased a new stake in shares of Amazon.com during the first quarter valued at about $36,000. Finally, Inlight Wealth Management LLC purchased a new stake in shares of Amazon.com during the first quarter valued at about $40,000. 72.20% of the stock is currently owned by institutional investors.

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.