Insider Selling: Amazon.com (NASDAQ:AMZN) CEO Sells 17,768 Shares of Stock

Amazon.com, Inc. (NASDAQ:AMZN) CEO Matthew Garman sold 17,768 shares of the firm’s stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $216.90, for a total transaction of $3,853,879.20. Following the completion of the transaction, the chief executive officer directly owned 6,273 shares in the company, valued at $1,360,613.70. This represents a 73.91% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Amazon.com Stock Up 1.5%

Shares of NASDAQ AMZN traded up $3.39 during trading hours on Tuesday, hitting $229.67. 39,263,330 shares of the stock were exchanged, compared to its average volume of 45,413,328. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The company has a market cap of $2.46 trillion, a PE ratio of 35.01, a PEG ratio of 1.52 and a beta of 1.29. The firm has a fifty day moving average price of $227.66 and a 200-day moving average price of $222.45. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $258.60.

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

Wall Street Analysts Forecast Growth

AMZN has been the topic of several recent analyst reports. Susquehanna set a $300.00 price objective on shares of Amazon.com and gave the stock a “positive” rating in a report on Friday, October 31st. BMO Capital Markets reaffirmed an “outperform” rating and issued a $300.00 target price on shares of Amazon.com in a report on Friday, October 31st. Evercore ISI increased their target price on Amazon.com from $280.00 to $335.00 and gave the stock an “outperform” rating in a research note on Friday, October 31st. Stifel Nicolaus lifted 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. Finally, 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 report on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, fifty-seven have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $294.70.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in AMZN. Wilson Asset Management International PTY Ltd. bought a new stake in Amazon.com during the 2nd quarter worth about $11,102,000. ARK Investment Management LLC raised its position in Amazon.com by 8.3% during the second quarter. ARK Investment Management LLC now owns 1,140,494 shares of the e-commerce giant’s stock worth $250,213,000 after acquiring an additional 86,978 shares in the last quarter. Flaharty Asset Management LLC raised its stake in Amazon.com by 87.7% in the 1st quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant’s stock valued at $968,000 after acquiring an additional 2,377 shares during the period. Border to Coast Pensions Partnership Ltd lifted its holdings in Amazon.com by 6.0% during the 2nd 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 last quarter. Finally, Alpha Wealth Funds LLC boosted its stake in shares of Amazon.com by 172.8% in the second quarter. Alpha Wealth Funds LLC now owns 3,012 shares of the e-commerce giant’s stock valued at $667,000 after buying an additional 1,908 shares during the period. 72.20% of the stock is currently owned by institutional investors.

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.