Amazon.com (NASDAQ:AMZN) Director Keith Brian Alexander Sells 900 Shares of Stock

Amazon.com, Inc. (NASDAQ:AMZN) Director Keith Brian Alexander sold 900 shares of the business’s stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $233.00, for a total value of $209,700.00. Following the sale, the director owned 7,170 shares in the company, valued at approximately $1,670,610. This trade represents a 11.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Amazon.com Stock Down 4.4%

Shares of NASDAQ AMZN opened at $222.55 on Wednesday. The company has a 50 day simple moving average of $228.33 and a 200 day simple moving average of $221.51. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $258.60. The firm has a market cap of $2.38 trillion, a PE ratio of 33.93, a price-to-earnings-growth ratio of 1.52 and a beta of 1.29.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.38. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm had revenue of $180.17 billion during the quarter, compared to analysts’ expectations of $177.53 billion. During the same period in the prior year, the company posted $1.43 EPS. The company’s revenue was up 13.4% on a year-over-year basis. Amazon.com has set its Q4 2025 guidance at EPS. On average, research analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on AMZN. Mizuho set a $315.00 target price on shares of Amazon.com and gave the company an “outperform” rating in a research report on Tuesday, November 4th. Sanford C. Bernstein set a $300.00 price objective on shares of Amazon.com and gave the stock an “outperform” rating in a research report on Friday, October 31st. DA Davidson lifted their target price on shares of Amazon.com from $265.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. Citigroup upped their price target on shares of Amazon.com from $270.00 to $320.00 and gave the company a “buy” rating in a research report on Friday, October 31st. Finally, Arete increased their price target on Amazon.com from $248.00 to $253.00 and gave the stock a “buy” rating in a report on Monday, October 27th. Two equities research analysts have rated the stock with a Strong Buy rating, fifty-seven have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $294.70.

Hedge Funds Weigh In On Amazon.com

Institutional investors and hedge funds have recently made changes to their positions in the stock. Kingstone Capital Partners Texas LLC increased its holdings in shares of Amazon.com by 542,733.6% during the second quarter. Kingstone Capital Partners Texas LLC now owns 132,641,388 shares of the e-commerce giant’s stock valued at $29,100,194,000 after acquiring an additional 132,616,953 shares in the last quarter. Norges Bank acquired a new stake in Amazon.com in the 2nd quarter valued at $27,438,011,000. Nuveen LLC bought a new stake in Amazon.com during the 1st quarter valued at $11,674,091,000. Vanguard Group Inc. raised its holdings in Amazon.com by 2.1% during the second quarter. Vanguard Group Inc. now owns 849,721,601 shares of the e-commerce giant’s stock worth $186,420,422,000 after buying an additional 17,447,045 shares during the last quarter. Finally, Laurel Wealth Advisors LLC lifted its stake in shares of Amazon.com by 22,085.8% in the second quarter. Laurel Wealth Advisors LLC now owns 12,177,557 shares of the e-commerce giant’s stock valued at $2,671,634,000 after buying an additional 12,122,668 shares in the last quarter. Institutional investors own 72.20% of the company’s stock.

About Amazon.com

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.