Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Amazon.com, Inc. (NASDAQ:AMZN). In a filing disclosed on April 07th, the Representative disclosed that they had sold between $1,001 and $15,000 in Amazon.com stock on March 13th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of MACOM Technology Solutions (NASDAQ:MTSI) on 3/27/2026.
- Purchased $1,001 – $15,000 in shares of StandardAero (NYSE:SARO) on 3/27/2026.
- Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 3/27/2026.
- Sold $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 3/27/2026.
- Sold $1,001 – $15,000 in shares of Advanced Energy Industries (NASDAQ:AEIS) on 3/27/2026.
- Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 3/27/2026.
- Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 3/27/2026.
- Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 3/27/2026.
- Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 3/27/2026.
- Purchased $15,001 – $50,000 in shares of Fabrinet (NYSE:FN) on 3/27/2026.
Amazon.com Trading Up 5.6%
NASDAQ AMZN traded up $12.40 on Thursday, hitting $233.65. The company’s stock had a trading volume of 65,562,109 shares, compared to its average volume of 40,541,560. Amazon.com, Inc. has a 52-week low of $165.29 and a 52-week high of $258.60. The company has a current ratio of 1.05, a quick ratio of 0.88 and a debt-to-equity ratio of 0.16. The company’s 50-day simple moving average is $211.98 and its 200 day simple moving average is $224.05. The firm has a market cap of $2.51 trillion, a P/E ratio of 32.59, a PEG ratio of 1.66 and a beta of 1.38.
Amazon.com News Summary
Here are the key news stories impacting Amazon.com this week:
- Positive Sentiment: CEO Andy Jassy’s shareholder letter disclosed that Amazon’s AI services are generating a multi‑billion dollar run rate (reported at ~$15B), helping soothe investor worries about heavy AI spending and providing revenue proof points for the strategy. Amazon’s Jassy says AI revenue run rate is over $15 Bln
- Positive Sentiment: Amazon says its custom chip business now exceeds a $20B annual revenue run rate and management is signaling it may sell chips to third parties — a potential new high‑margin revenue stream that raises AWS upside and threatens incumbents. Amazon says annual revenue run rate for chips business now over $20 billion
- Positive Sentiment: Amazon announced a major data‑center buildout (reported ~$25B investment in Mississippi), signaling continued AWS capacity expansion to capture AI workloads — a clear long‑term revenue catalyst for cloud. Amazon Stock (AMZN) Pops on $25B Data Center Buildout in Mississippi
- Positive Sentiment: Retail/healthcare execution: Amazon Pharmacy will offer Eli Lilly’s new GLP‑1 pill via same‑day delivery and stock it at kiosks — a commercial partnership that expands pharmacy revenue and same‑day convenience offerings. Amazon to stock Lilly’s new weight-loss pill at US kiosks, offer same-day delivery
- Neutral Sentiment: Reports that Amazon is in talks to acquire satellite operator Globalstar surfaced — a deal could accelerate Project Kuiper/LEO ambitions but the strategic fit, price and execution are uncertain. Amazon: Could Globalstar Be the Missing Spark the Stock Needs?
- Negative Sentiment: Large capital spend remains a near‑term concern: Amazon plans heavy 2026 capex (~$200B guidance discussed) and free cash flow has been pressured by elevated P&E spending, which can compress short‑term returns. Amazon CEO Jassy defends $200 billion AI spend
- Negative Sentiment: Operational costs: Amazon is rolling out fuel surcharges (reported ~3.5% on certain fulfillment orders) as fuel costs rise — a potential margin headwind for retail. As Fuel Costs Skyrocket, Amazon Is Adding in New Fuel Surcharges
- Negative Sentiment: Project Kuiper/LEO timeline slipped — Amazon acknowledged its Leo satellite rollout is delayed to mid‑2026, which pushes off potential connectivity revenue and weakens time‑to‑market vs. SpaceX. Amazon Delays Launch of Leo, Its Satellite Network and Starlink Rival
- Negative Sentiment: Reputation/customer friction: Amazon will end support for older Kindle devices, a move that has provoked customer backlash and small reputational risk. Amazon to end support for older Kindle devices
Wall Street Analysts Forecast Growth
Several equities research analysts have weighed in on AMZN shares. Jefferies Financial Group reiterated a “buy” rating on shares of Amazon.com in a report on Monday, March 23rd. Weiss Ratings reiterated a “buy (b)” rating on shares of Amazon.com in a report on Friday, March 27th. President Capital dropped their price objective on Amazon.com from $320.00 to $296.00 and set a “buy” rating for the company in a report on Tuesday, February 10th. The Goldman Sachs Group raised their target price on Amazon.com from $290.00 to $300.00 and gave the company a “buy” rating in a research note on Wednesday, January 14th. Finally, Evercore lowered their target price on Amazon.com from $335.00 to $285.00 and set an “outperform” rating for the company in a research note on Friday, February 27th. One analyst has rated the stock with a Strong Buy rating, fifty-three have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, Amazon.com presently has an average rating of “Moderate Buy” and a consensus target price of $287.39.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. Fairway Wealth LLC raised its stake in Amazon.com by 113.2% during the third quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant’s stock valued at $25,000 after buying an additional 60 shares during the last quarter. Sellwood Investment Partners LLC purchased a new position in Amazon.com during the third quarter valued at $27,000. MilWealth Group LLC raised its stake in Amazon.com by 79.0% during the fourth 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 last quarter. Lifetime Wealth Management P.C. purchased a new position in Amazon.com during the fourth quarter valued at $45,000. Finally, Elkhorn Partners Limited Partnership raised its stake in Amazon.com by 900.0% during the fourth quarter. Elkhorn Partners Limited Partnership now owns 200 shares of the e-commerce giant’s stock valued at $46,000 after buying an additional 180 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.
Insider Buying and Selling at Amazon.com
In other Amazon.com news, CEO Douglas J. Herrington sold 6,835 shares of Amazon.com stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $205.82, for a total transaction of $1,406,779.70. Following the completion of the transaction, the chief executive officer owned 522,361 shares in the company, valued at approximately $107,512,341.02. The trade was a 1.29% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP David Zapolsky sold 10,649 shares of Amazon.com stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $205.43, for a total value of $2,187,624.07. Following the transaction, the senior vice president owned 41,190 shares of the company’s stock, valued at $8,461,661.70. The trade was a 20.54% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 72,686 shares of company stock valued at $14,899,239 in the last ninety days. Corporate insiders own 9.70% of the company’s stock.
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
About Amazon.com
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.
Featured Articles
Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.
