Representative Mark Alford (Republican-Missouri) recently sold shares of Amazon.com, Inc. (NASDAQ:AMZN). In a filing disclosed on March 31st, the Representative disclosed that they had sold between $1,001 and $15,000 in Amazon.com stock on March 16th. The trade occurred in the Representative’s “PUTNAM INVESTMENTS” account.
Representative Mark Alford also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 3/16/2026.
- Sold $1,001 – $15,000 in shares of Berkshire Hathaway (NYSE:BRK.B) on 3/16/2026.
- Sold $1,001 – $15,000 in shares of AT&T (NYSE:T) on 3/16/2026.
- Sold $1,001 – $15,000 in shares of PayPal (NASDAQ:PYPL) on 3/16/2026.
- Sold $1,001 – $15,000 in shares of SPDR S&P 500 Buyback ETF (NYSEARCA:SPYB) on 3/16/2026.
Amazon.com Trading Down 0.4%
Shares of NASDAQ:AMZN opened at $209.77 on Friday. The company has a market cap of $2.25 trillion, a P/E ratio of 29.26, a P/E/G ratio of 1.58 and a beta of 1.38. The stock’s 50-day moving average is $214.29 and its 200-day moving average is $224.53. 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 0.16, a quick ratio of 0.88 and a current ratio of 1.05.
Wall Street Analysts Forecast Growth
A number of research analysts have recently commented on the company. Truist Financial cut their price target on Amazon.com from $290.00 to $280.00 and set a “buy” rating for the company in a report on Friday, February 6th. Tigress Financial raised their price objective on shares of Amazon.com from $305.00 to $315.00 and gave the stock a “buy” rating in a research note on Wednesday, March 25th. Wells Fargo & Company upped their target price on shares of Amazon.com from $304.00 to $305.00 and gave the company an “overweight” rating in a research note on Thursday. Benchmark reissued a “buy” rating on shares of Amazon.com in a report on Thursday, January 29th. Finally, Wedbush decreased their price target on shares of Amazon.com from $340.00 to $300.00 and set an “outperform” rating on the stock in a research report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, fifty-three have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Amazon.com has an average rating of “Moderate Buy” and a consensus price target of $286.59.
Get Our Latest Research Report on Amazon.com
Insider Activity
In other Amazon.com news, VP Shelley Reynolds sold 2,695 shares of Amazon.com stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $205.90, for a total transaction of $554,900.50. Following the completion of the transaction, the vice president directly owned 119,780 shares of the company’s stock, valued at approximately $24,662,702. This trade represents a 2.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Matthew S. Garman sold 17,751 shares of the business’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $205.22, for a total transaction of $3,642,860.22. Following the completion of the sale, the chief executive officer owned 9,405 shares in the company, valued at $1,930,094.10. This represents a 65.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 71,686 shares of company stock valued at $14,688,739. 9.70% of the stock is owned by company insiders.
Institutional Investors Weigh In On Amazon.com
A number of institutional investors have recently bought and sold shares of the business. Fairway Wealth LLC grew its stake in shares of Amazon.com by 113.2% in the 3rd quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant’s stock valued at $25,000 after purchasing an additional 60 shares during the period. Sellwood Investment Partners LLC acquired a new position in shares of Amazon.com in the 3rd quarter worth approximately $27,000. MilWealth Group LLC lifted its position in shares of Amazon.com by 79.0% during the 4th quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant’s stock worth $41,000 after buying an additional 79 shares during the period. Lifetime Wealth Management P.C. acquired a new stake in Amazon.com in the 4th quarter valued at $45,000. Finally, Elkhorn Partners Limited Partnership boosted its stake in Amazon.com by 900.0% in the 4th quarter. Elkhorn Partners Limited Partnership now owns 200 shares of the e-commerce giant’s stock valued at $46,000 after buying an additional 180 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.
Amazon.com News Summary
Here are the key news stories impacting Amazon.com this week:
- Positive Sentiment: Reports that Amazon is in talks to buy satellite operator Globalstar (~$9B) lifted expectations for Project Kuiper scale and faster competition with SpaceX’s Starlink — a strategic growth move that could justify long‑term upside. Read More.
- Positive Sentiment: Wells Fargo nudged its price target higher (to $305) and remains overweight, reinforcing the bullish AWS/AI monetization thesis that many investors cite as the primary catalyst. Read More.
- Positive Sentiment: AWS momentum and partnerships are being highlighted as drivers of durable revenue — e.g., a TGS energy-data tie and Amazon’s participation in industry AI initiatives (and backing for OpenAI), which support the view of accelerating enterprise AI spend. Read More.
- Neutral Sentiment: Amazon joined big‑tech efforts on agentic AI protocol work (x402 Foundation), signaling long‑term AI infrastructure positioning but with unclear near‑term P&L impact. Read More.
- Negative Sentiment: Amazon announced a temporary 3.5% fuel & logistics surcharge for many U.S. and Canadian third‑party sellers effective April 17 — a move that offsets rising costs but can spur seller pushback and slow marketplace volumes, which markets viewed as a near‑term headwind. Read More.
- Negative Sentiment: Geopolitical risk: reports that an Iranian strike damaged an AWS Bahrain data center raised concerns about physical infrastructure vulnerability and potential service disruption/PR risk. Read More.
- Negative Sentiment: Labor/legal development: the NLRB said Amazon must negotiate with Staten Island warehouse union reps — a reminder of rising labor/legal risks that could raise costs or operational friction. Read More.
- Negative Sentiment: Product/monetization test risk: early reports say chatbot ad tests have shown weak results, highlighting execution risk as Amazon tries to commercialize new ad formats. Read More.
About Representative Alford
Mark Alford (Republican Party) is a member of the U.S. House, representing Missouri’s 4th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.
Alford (Republican Party) is running for re-election to the U.S. House to represent Missouri’s 4th Congressional District. He declared candidacy for the 2026 election.
Mark Alford graduated from Baytown Sterling High School in 1982. Alford’s career experience includes working as a team lead and realtor with ReeceNichols Real Estate and the team lead manager with VortexKC/Chartwell.
About Amazon.com
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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