Key Points
- Amazon CEO Matthew Garman sold 17,768 shares on Nov. 21 at an average price of $216.90 for a total of about $3.85 million, reducing his stake by 73.91% to 6,273 shares; the sale was disclosed in an SEC filing.
- Amazon reported a quarterly earnings beat with $1.95 EPS vs. $1.57 expected and $180.17B revenue (up 13.4% year-over-year); the company has a $2.46 trillion market cap, a P/E of 35.01, a 52-week range of $161.38–$258.60, and analysts hold a consensus "Moderate Buy" with an average price target of $295.78.
Amazon.com, Inc. (NASDAQ:AMZN) CEO Matthew Garman sold 17,768 shares of Amazon.com stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $216.90, for a total value of $3,853,879.20. Following the transaction, the chief executive officer owned 6,273 shares in the company, valued at approximately $1,360,613.70. The trade was a 73.91% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Amazon.com Stock Performance
NASDAQ AMZN opened at $229.67 on Wednesday. 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 stock's fifty day moving average is $227.58 and its two-hundred day moving average is $222.71. The firm has a market capitalization of $2.46 trillion, a P/E ratio of 35.01, a price-to-earnings-growth ratio of 1.52 and a beta of 1.29. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $258.60.
Amazon.com (NASDAQ:AMZN - Get Free Report) last posted its quarterly 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. The business had revenue of $180.17 billion for the quarter, compared to analyst estimates of $177.53 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company's quarterly revenue was up 13.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. On average, research analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.
Analysts Set New Price Targets
A number of brokerages have commented on AMZN. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Amazon.com from $278.00 to $300.00 and gave the stock a "buy" rating in a research note on Friday, October 31st. The Goldman Sachs Group lifted their price target on shares of Amazon.com from $240.00 to $275.00 and gave the company a "buy" rating in a research report on Friday, October 3rd. BNP Paribas Exane initiated coverage on Amazon.com in a research report on Monday. They issued an "outperform" rating for the company. Wall Street Zen upgraded Amazon.com from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. Finally, Rothschild & Co Redburn reaffirmed a "neutral" rating and issued a $250.00 price target on shares of Amazon.com in a research note on Tuesday, November 18th. One research analyst has rated the stock with a Strong Buy rating, fifty-six have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $295.78.
Check Out Our Latest Stock Analysis on Amazon.com
Hedge Funds Weigh In On Amazon.com
Hedge funds and other institutional investors have recently bought and sold shares of the company. Brighton Jones LLC increased its stake in Amazon.com by 10.9% during the 4th quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant's stock worth $885,478,000 after buying an additional 397,007 shares during the period. Revolve Wealth Partners LLC grew its stake in shares of Amazon.com by 4.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant's stock worth $5,495,000 after acquiring an additional 986 shares in the last quarter. Bank Pictet & Cie Europe AG grew its stake in shares of Amazon.com by 2.8% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant's stock worth $442,481,000 after acquiring an additional 54,987 shares in the last quarter. Highview Capital Management LLC DE increased its position in shares of Amazon.com by 5.5% during the fourth quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant's stock worth $6,357,000 after acquiring an additional 1,518 shares during the period. Finally, Liberty Square Wealth Partners LLC acquired a new stake in shares of Amazon.com in the fourth quarter valued at $2,153,000. 72.20% of the stock is currently owned by hedge funds and other institutional investors.
About Amazon.com
(
Get Free Report)
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.
Further Reading
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