Amazon.com (NASDAQ:AMZN) VP Shelley Reynolds Sells 2,715 Shares

Amazon.com, Inc. (NASDAQ:AMZN) VP Shelley Reynolds sold 2,715 shares of Amazon.com stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.64, for a total value of $601,752.60. Following the sale, the vice president directly owned 119,780 shares of the company’s stock, valued at $26,548,039.20. This trade represents a 2.22% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Amazon.com Trading Up 0.3%

Amazon.com stock opened at $228.71 on Wednesday. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. 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 $2.44 trillion, a price-to-earnings ratio of 34.86, a price-to-earnings-growth ratio of 1.53 and a beta of 1.31. The stock has a 50-day moving average price of $223.15 and a 200 day moving average price of $207.99.

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

Institutional Trading of Amazon.com

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Castlekeep Investment Advisors LLC purchased a new stake in shares of Amazon.com during the fourth quarter worth approximately $25,000. Prudent Man Investment Management Inc. purchased a new stake in shares of Amazon.com during the fourth quarter worth approximately $27,000. Carderock Capital Management Inc. purchased a new stake in shares of Amazon.com during the second quarter worth approximately $27,000. LSV Asset Management purchased a new stake in shares of Amazon.com during the fourth quarter worth approximately $35,000. Finally, Cooksen Wealth LLC purchased a new stake in shares of Amazon.com during the first quarter worth approximately $36,000. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. Wall Street Zen raised Amazon.com from a “hold” rating to a “buy” rating in a report on Saturday, August 2nd. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Amazon.com in a report on Friday, August 1st. Telsey Advisory Group reaffirmed an “outperform” rating and set a $265.00 target price on shares of Amazon.com in a report on Wednesday, August 13th. Pivotal Research boosted their price target on Amazon.com from $260.00 to $285.00 and gave the company a “buy” rating in a report on Friday, August 1st. Finally, Morgan Stanley reissued an “overweight” rating and issued a $300.00 price target on shares of Amazon.com in a report on Thursday, August 14th. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Amazon.com presently has an average rating of “Buy” and a consensus target price of $262.87.

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.