Key Points
- Amazon CEO Douglas Herrington sold 1,000 shares at an average price of $278.39, generating $278,390. The transaction was conducted under a pre-arranged Rule 10b5-1 plan and reduced his direct holdings by 0.21% to 483,527 shares.
- Amazon reported a strong quarter, with earnings of $5.75 per share versus the $1.82 analyst consensus and revenue of $200.61 billion, up 19.6% year over year.
- Wall Street remains broadly positive: 56 analysts rate AMZN a Buy and three rate it a Hold, producing a consensus “Moderate Buy” rating and a $322.56 price target.
Amazon.com, Inc. (NASDAQ:AMZN) CEO Douglas Herrington sold 1,000 shares of the business's stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $278.39, for a total transaction of $278,390.00. Following the completion of the transaction, the chief executive officer directly owned 483,527 shares of the company's stock, valued at $134,609,081.53. This trade represents a 0.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Amazon.com Stock Performance
AMZN stock opened at $272.65 on Thursday. Amazon.com, Inc. has a 1-year low of $196.00 and a 1-year high of $287.20. The company has a current ratio of 1.03, a quick ratio of 0.87 and a debt-to-equity ratio of 0.23. The firm has a market cap of $2.94 trillion, a PE ratio of 21.93, a P/E/G ratio of 1.85 and a beta of 1.45. The business's 50-day moving average price is $246.31 and its two-hundred day moving average price is $236.97.
Amazon.com (NASDAQ:AMZN - Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 EPS for the quarter, topping analysts' consensus estimates of $1.82 by $3.93. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%.The company had revenue of $200.61 billion for the quarter, compared to analyst estimates of $197.03 billion. During the same quarter last year, the firm posted $1.68 earnings per share. Amazon.com's revenue was up 19.6% compared to the same quarter last year. As a group, research analysts forecast that Amazon.com, Inc. will post 8.05 earnings per share for the current year.
Wall Street Analyst Weigh In
A number of equities research analysts recently commented on AMZN shares. Raymond James Financial restated an "outperform" rating and set a $390.00 price objective (up from $280.00) on shares of Amazon.com in a report on Friday, July 31st. Phillip Securities cut Amazon.com from a "strong-buy" rating to a "moderate buy" rating in a report on Monday. TD Securities upgraded Amazon.com to a "buy" rating in a report on Monday, April 13th. Susquehanna reaffirmed a "positive" rating and set a $325.00 price objective (up from $300.00) on shares of Amazon.com in a research report on Thursday, April 30th. Finally, Wolfe Research reissued an "outperform" rating and issued a $315.00 target price on shares of Amazon.com in a research report on Friday, July 31st. Fifty-six research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $322.56.
Get Our Latest Stock Report on AMZN
Key Headlines Impacting Amazon.com
Here are the key news stories impacting Amazon.com this week:
- Positive Sentiment: AWS and AI remain the primary bullish catalysts. Coverage highlights accelerating AWS growth, strong demand for AI infrastructure, and management’s view that much of AWS capacity is committed through 2028. Investors are increasingly seeing Amazon’s AI spending translate into cloud revenue and profits. Amazon’s AI Story Is Bigger Than You Think
- Positive Sentiment: Analyst sentiment remains favorable. Amazon was included in Zacks’ Strong Buy and momentum lists, while reports cited analyst upgrades and price targets above the current trading range. The bullish case is supported by second-quarter revenue of $200.6 billion, 19.6% year-over-year growth, and a significant earnings beat. Wall Street’s Bullish Views on Amazon
- Positive Sentiment: Zoox is moving toward commercialization. Amazon’s self-driving unit received approval for driverless vehicles and plans to begin paid robotaxi rides in Las Vegas on August 10. The launch provides a potential long-term growth option beyond retail, cloud, and advertising. Amazon’s Zoox to Start Paid Robotaxi Rides
- Neutral Sentiment: Amazon’s Anthropic investment boosted reported results. Second-quarter net income included approximately $53.4 billion in largely non-operating gains tied to Anthropic investments. The gain validates the strategic value of Amazon’s AI holdings, but it is not recurring operating profit and may make underlying earnings comparisons less clear. Amazon’s Anthropic-Related Gain
- Negative Sentiment: Jeff Bezos’ planned sale is weighing on sentiment. The founder disclosed plans to sell 15 million shares worth roughly $4.1 billion under a pre-arranged trading plan. Amazon executive Douglas Herrington also sold 1,000 shares, adding to supply concerns after the stock reached record levels. Jeff Bezos Amazon Share Sale
- Negative Sentiment: Legal and spending risks remain. An appeals court allowed Perplexity’s AI shopping agents to access Amazon’s platform, while New Jersey sued Amazon over alleged anticompetitive treatment of delivery contractors. Separately, the company’s large AI data-center commitments and capital-spending plans raise concerns about returns and free cash flow.
Institutional Investors Weigh In On Amazon.com
Large investors have recently added to or reduced their stakes in the business. Bridgewater Advisors Inc. acquired a new stake in Amazon.com during the 2nd quarter valued at $21,687,000. SFE Investment Counsel acquired a new position in shares of Amazon.com in the second quarter valued at $19,383,000. Alesco Advisors LLC An ESL Co acquired a new stake in shares of Amazon.com during the 2nd quarter worth about $5,100,000. Bank Hapoalim BM acquired a new stake in shares of Amazon.com during the 2nd quarter worth about $20,761,000. Finally, BIP Wealth LLC bought a new stake in shares of Amazon.com during the 2nd quarter worth about $12,854,000. Institutional investors own 72.20% of the company's stock.
About Amazon.com
(
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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