Amazon.com (NASDAQ:AMZN) Stock Sold Rep. Michael A. Rulli

Representative Michael A. Rulli (Republican-Ohio) recently sold shares of Amazon.com, Inc. (NASDAQ:AMZN). In a filing disclosed on August 07th, the Representative disclosed that they had sold between $1,001 and $15,000 in Amazon.com stock on June 25th. The trade occurred in the Representative’s “MERRILL LYNCH MANAGED ACCOUNT” account.

Representative Michael A. Rulli also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Crown Castle (NYSE:CCI) on 8/6/2026.
• Sold $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 7/1/2026.
• Purchased $1,001 – $15,000 in shares of KLA (NASDAQ:KLAC) on 7/1/2026.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 6/29/2026.
• Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 6/25/2026.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 6/25/2026.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 6/25/2026.
• Purchased $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 6/25/2026.
• Sold $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 6/25/2026.

Amazon.com Trading Up 1.3%

NASDAQ AMZN opened at $278.09 on Tuesday. The firm’s fifty day simple moving average is $246.69 and its 200-day simple moving average is $237.78. The company has a current ratio of 1.03, a quick ratio of 0.87 and a debt-to-equity ratio of 0.23. Amazon.com, Inc. has a 1-year low of $196.00 and a 1-year high of $287.20. The company has a market capitalization of $3.00 trillion, a PE ratio of 22.37, a price-to-earnings-growth ratio of 1.83 and a beta of 1.45.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share for the quarter, topping the consensus estimate of $1.82 by $3.93. The company had revenue of $200.61 billion for the quarter, compared to analyst estimates of $197.03 billion. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%.The business’s revenue was up 19.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.68 EPS. As a group, sell-side analysts anticipate that Amazon.com, Inc. will post 8.05 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have commented on AMZN. Royal Bank Of Canada increased their target price on shares of Amazon.com from $320.00 to $330.00 and gave the stock an “outperform” rating in a research report on Friday, July 31st. DA Davidson reissued a “neutral” rating and set a $250.00 price objective on shares of Amazon.com in a report on Friday, July 31st. KeyCorp boosted their target price on Amazon.com from $335.00 to $350.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. Bank of America increased their price target on Amazon.com from $310.00 to $320.00 and gave the company a “buy” rating in a report on Friday, July 31st. Finally, DZ Bank upped their price objective on shares of Amazon.com from $295.00 to $320.00 and gave the stock a “buy” rating in a report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, fifty-six have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Amazon.com has a consensus rating of “Moderate Buy” and a consensus target price of $322.56.

Key Headlines Impacting Amazon.com

Here are the key news stories impacting Amazon.com this week:

• Positive Sentiment: Investor optimism remains centered on Amazon’s latest quarterly results: revenue reached $200.61 billion, exceeding estimates, while EPS of $5.75 sharply beat the $1.82 consensus. Analysts and market commentators expect AWS growth and AI demand to support a continued post-earnings drift. Amazon: A Post-Earnings Drift Candidate
• Positive Sentiment: Coverage highlighting Amazon’s entry into the $3 trillion club argues that accelerating cloud revenue could support substantially higher valuation over the next several years. Amazon Just Joined the $3 Trillion Club
• Positive Sentiment: Amazon’s Zoox unit has begun paid autonomous-vehicle rides in Las Vegas following regulatory approval. The launch provides a potential long-term growth avenue, although the financial contribution is likely to be limited initially. Zoox to Begin Paid Rides
• Positive Sentiment: Amazon Pharmacy plans to offer qualifying Medicare beneficiaries weight-loss medications for $50 per month, potentially expanding pharmacy customer reach and prescription volume. Amazon Pharmacy Rolls Out Cheaper Weight-Loss Drugs
• Neutral Sentiment: Analysts maintain a consensus “Moderate Buy” recommendation, reinforcing generally favorable sentiment but offering limited new information after the recent rally. Amazon Receives Moderate Buy Recommendation
• Negative Sentiment: New York Mayor Zohran Mamdani is backing delivery-worker protections that Amazon says could threaten more than 5,000 local jobs or encourage warehouse relocations. Amazon has committed roughly $5 million to oppose the proposal, highlighting rising regulatory and labor-cost risk. Mamdani Backs Amazon Delivery Worker Bill
• Negative Sentiment: Reports of AI-model security breaches are increasing scrutiny of Amazon’s push to sell autonomous AI agents to enterprise customers, potentially raising liability, compliance and reputational risks. AI Security Breaches Raise New Risks
• Negative Sentiment: Environmental criticism of a planned Texas data-center power project could create permitting, political and reputational headwinds as Amazon expands energy-intensive AI infrastructure. Amazon’s New Texas Data Center

Institutional Investors Weigh In On Amazon.com

Hedge funds have recently made changes to their positions in the stock. Trillium Asset Management LLC bought a new position in Amazon.com in the second quarter worth $833,000. Burr Financial Services LLC bought a new stake in Amazon.com in the 2nd quarter valued at $3,324,000. Altman Advisors Inc. bought a new stake in Amazon.com in the 2nd quarter valued at $9,486,000. Clay Northam Wealth Management LLC acquired a new position in shares of Amazon.com in the 2nd quarter valued at $12,595,000. Finally, Jupiter Wealth Management LLC acquired a new position in shares of Amazon.com in the 2nd quarter valued at $8,397,000. Institutional investors own 72.20% of the company’s stock.

Insider Activity at Amazon.com

In other news, SVP David Zapolsky sold 9,270 shares of Amazon.com stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $268.53, for a total transaction of $2,489,273.10. Following the sale, the senior vice president directly owned 41,190 shares in the company, valued at approximately $11,060,750.70. The trade was a 18.37% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew R. Jassy sold 20,000 shares of the company’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $263.42, for a total transaction of $5,268,400.00. Following the completion of the sale, the chief executive officer directly owned 2,205,766 shares in the company, valued at approximately $581,042,879.72. The trade was a 0.90% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 77,867 shares of company stock worth $20,532,092 in the last ninety days. Company insiders own 8.90% of the company’s stock.

About Representative Rulli

Michael Rulli (Republican Party) is a member of the U.S. House, representing Ohio’s 6th Congressional District. He assumed office on June 25, 2024. His current term ends on January 3, 2027.

Rulli (Republican Party) is running for re-election to the U.S. House to represent Ohio’s 6th Congressional District. He declared candidacy for the 2026 election.

Michael Rulli graduated from Poland Seminary High School. He earned a degree from Emerson College. Rulli’s career experience includes working as the director of operations with Rulli Bros. Markets.

Amazon.com Company Profile

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.