Amazon.com (NASDAQ:AMZN) CEO Sells $1,111,418.88 in Stock

Amazon.com, Inc. (NASDAQ:AMZN) CEO Douglas Herrington sold 4,784 shares of the stock in a transaction on Friday, August 15th. The stock was sold at an average price of $232.32, for a total value of $1,111,418.88. Following the completion of the sale, the chief executive officer owned 510,255 shares in the company, valued at $118,542,441.60. This trade represents a 0.93% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Amazon.com Trading Down 1.8%

Shares of AMZN stock opened at $223.81 on Thursday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $242.52. The company has a market capitalization of $2.39 trillion, a PE ratio of 34.12, a price-to-earnings-growth ratio of 1.54 and a beta of 1.31. The business’s fifty day moving average is $222.12 and its 200 day moving average is $208.46.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.31 by $0.37. The company had revenue of $167.70 billion for the quarter, compared to the consensus estimate of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm’s revenue was up 13.3% compared to the same quarter last year. During the same quarter last year, the business posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Canaccord Genuity Group reissued a “buy” rating and issued a $280.00 target price on shares of Amazon.com in a research note on Friday, August 1st. Deutsche Bank Aktiengesellschaft increased their target price on Amazon.com from $230.00 to $266.00 in a research note on Tuesday, July 22nd. Sanford C. Bernstein set a $235.00 target price on Amazon.com and gave the company an “outperform” rating in a research note on Tuesday, July 1st. Wells Fargo & Company increased their target price on Amazon.com from $238.00 to $245.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 29th. Finally, Susquehanna increased their target price on Amazon.com from $225.00 to $260.00 and gave the company a “positive” rating in a research note on Friday, August 1st. Two analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, Amazon.com has an average rating of “Buy” and an average target price of $262.87.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of AMZN. Prudent Man Investment Management Inc. bought a new stake in shares of Amazon.com in the fourth quarter worth about $27,000. Carderock Capital Management Inc. bought a new stake in shares of Amazon.com in the second quarter worth about $27,000. LSV Asset Management bought a new stake in shares of Amazon.com in the fourth quarter worth about $35,000. Perritt Capital Management Inc grew its stake in shares of Amazon.com by 72.7% in the fourth quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant’s stock worth $42,000 after purchasing an additional 80 shares during the last quarter. Finally, Cooksen Wealth LLC bought a new stake in shares of Amazon.com in the first quarter worth about $36,000. 72.20% of the stock is 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.