Douglas Herrington Sells 1,000 Shares of Amazon.com (NASDAQ:AMZN) Stock

Key Points

  • Douglas Herrington, Amazon's CEO, sold 1,000 shares on March 2 at an average price of $204.25 for $204,250, reducing his holding by 0.19% to 521,361 shares, according to an SEC Form 4 filing.
  • Amazon reported quarterly EPS of $1.95 (vs. $1.97 est.) on revenue of $213.39B (above expectations); the stock traded near $217.26, and analysts maintain a "Moderate Buy" consensus with an average price target of about $287.29.
  • AWS momentum and risks: Amazon is expanding AI and infrastructure (including an AWS healthcare AI platform and a $427M campus purchase), while facing near‑term headwinds like robotics job cuts, regional data‑center disruptions from drone strikes, and continued insider selling that could weigh on sentiment.

Amazon.com, Inc. (NASDAQ:AMZN) CEO Douglas Herrington sold 1,000 shares of the stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $204.25, for a total transaction of $204,250.00. Following the transaction, the chief executive officer owned 521,361 shares in the company, valued at approximately $106,487,984.25. This represents a 0.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

Amazon.com Stock Up 0.2%

NASDAQ:AMZN traded up $0.44 during trading hours on Thursday, reaching $217.26. The company's stock had a trading volume of 14,605,638 shares, compared to its average volume of 52,511,559. The stock has a 50 day moving average price of $225.48 and a two-hundred day moving average price of $227.39. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.88 and a current ratio of 1.05. The company has a market capitalization of $2.33 trillion, a P/E ratio of 30.30, a price-to-earnings-growth ratio of 1.56 and a beta of 1.40. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $258.60.

Amazon.com (NASDAQ:AMZN - Get Free Report) last announced its quarterly earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.97 by ($0.02). The company had revenue of $213.39 billion during the quarter, compared to analysts' expectations of $211.02 billion. Amazon.com had a net margin of 10.83% and a return on equity of 21.87%. The company's revenue was up 13.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.86 earnings per share. Equities analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Analyst Ratings Changes




A number of analysts have recently weighed in on the stock. Scotiabank restated an "outperform" rating and issued a $275.00 price target (down from $300.00) on shares of Amazon.com in a report on Friday, February 6th. Cantor Fitzgerald set a $250.00 target price on shares of Amazon.com and gave the company an "overweight" rating in a research note on Friday, February 6th. DA Davidson reaffirmed a "neutral" rating and issued a $175.00 price target (down from $300.00) on shares of Amazon.com in a report on Friday, February 6th. Stifel Nicolaus set a $300.00 price objective on Amazon.com and gave the company a "buy" rating in a report on Tuesday, January 27th. Finally, Citizens Jmp boosted their target price on Amazon.com from $300.00 to $315.00 and gave the stock an "outperform" rating in a research note on Monday, February 2nd. One equities research analyst has rated the stock with a Strong Buy rating, fifty-three have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $287.29.

Get Our Latest Stock Report on AMZN

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Fairway Wealth LLC boosted its holdings in Amazon.com by 113.2% in the third 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 last quarter. Sellwood Investment Partners LLC purchased a new position in shares of Amazon.com during the 3rd quarter valued at about $27,000. MilWealth Group LLC lifted its holdings in shares of Amazon.com by 79.0% in the 4th quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant's stock valued at $41,000 after buying an additional 79 shares during the period. Elkhorn Partners Limited Partnership boosted its stake in shares of Amazon.com by 900.0% in the fourth quarter. Elkhorn Partners Limited Partnership now owns 200 shares of the e-commerce giant's stock worth $46,000 after buying an additional 180 shares during the last quarter. Finally, Prudent Man Investment Management Inc. boosted its stake in shares of Amazon.com by 87.7% in the fourth quarter. Prudent Man Investment Management Inc. now owns 229 shares of the e-commerce giant's stock worth $53,000 after buying an additional 107 shares during the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Amazon.com

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Amazon.com Company Profile

(Get Free Report)

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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