Amazon.com (NASDAQ:AMZN) SVP Sells $1,599,412.08 in Stock

Amazon.com, Inc. (NASDAQ:AMZN) SVP David Zapolsky sold 6,172 shares of the company’s stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $259.14, for a total transaction of $1,599,412.08. Following the completion of the sale, the senior vice president directly owned 50,448 shares of the company’s stock, valued at $13,073,094.72. The trade was a 10.90% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

David Zapolsky also recently made the following trade(s):

• On Monday, August 24th, David Zapolsky sold 9,258 shares of Amazon.com stock. The shares were sold at an average price of $259.77, for a total transaction of $2,404,950.66.

Amazon.com Stock Down 0.4%

NASDAQ:AMZN traded down $1.01 during trading hours on Tuesday, reaching $261.06. The company’s stock had a trading volume of 25,446,790 shares, compared to its average volume of 48,878,555. The stock has a 50 day moving average price of $250.18 and a two-hundred day moving average price of $239.48. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.87 and a current ratio of 1.03. The company has a market capitalization of $2.82 trillion, a P/E ratio of 21.00, a price-to-earnings-growth ratio of 1.72 and a beta of 1.45. Amazon.com, Inc. has a 12 month low of $196.00 and a 12 month high of $287.20.

Amazon.com (NASDAQ:AMZN) last announced its earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.82 by $3.93. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%.The business had revenue of $200.61 billion for the quarter, compared to analysts’ expectations of $197.03 billion. During the same quarter last year, the firm earned $1.68 EPS. The business’s revenue for the quarter was up 19.6% on a year-over-year basis. Equities analysts predict that Amazon.com, Inc. will post 8.05 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Mizuho set a $330.00 target price on shares of Amazon.com and gave the stock an “outperform” rating in a report on Friday, July 31st. Citigroup restated a “market outperform” rating on shares of Amazon.com in a report on Friday, August 14th. Evercore reaffirmed an “outperform” rating on shares of Amazon.com in a research report on Tuesday, July 28th. Rosenblatt Securities began coverage on shares of Amazon.com in a research note on Thursday, August 20th. They set a “buy” rating and a $335.00 price objective for the company. Finally, Stifel Nicolaus set a $319.00 target price on shares of Amazon.com and gave the company a “buy” rating in a research report on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, fifty-six have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $322.39.

Hedge Funds Weigh In On Amazon.com

Institutional investors and hedge funds have recently modified their holdings of the stock. Brighton Jones LLC grew its position in Amazon.com by 10.9% during the fourth quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant’s stock valued at $885,478,000 after buying an additional 397,007 shares during the period. Revolve Wealth Partners LLC boosted its position in Amazon.com by 4.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant’s stock worth $5,495,000 after purchasing an additional 986 shares in the last quarter. Bank Pictet & Cie Europe AG grew its holdings in Amazon.com by 2.8% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant’s stock valued at $442,481,000 after purchasing an additional 54,987 shares during the period. Highview Capital Management LLC DE grew its holdings in Amazon.com by 5.5% in the fourth quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant’s stock valued at $6,357,000 after purchasing an additional 1,518 shares during the period. Finally, Liberty Square Wealth Partners LLC purchased a new stake in shares of Amazon.com in the fourth quarter valued at approximately $2,153,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Key Headlines Impacting Amazon.com

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

• Positive Sentiment: AWS and AI remain the main bullish catalysts. Analysts and commentators point to accelerating AWS demand, a reported $496 billion backlog and the potential for AWS revenue to approach $1 trillion annually over time. Amazon’s relationships with Anthropic and OpenAI could further increase cloud usage and reinforce its position in the AI infrastructure market. AWS backlog article AWS revenue outlook article
• Positive Sentiment: Wall Street remains constructive. Citizens reiterated a Market Outperform rating with a $315 price target, while the cited analyst consensus includes a median target near $320. Recent earnings also showed strong momentum, with second-quarter revenue of roughly $200.6 billion, up nearly 20% year over year. Amazon analyst rating article
• Positive Sentiment: New growth initiatives add longer-term optionality. Amazon is expanding Zoox robotaxi operations and plans to broaden Prime Air drone delivery. It is also developing “Project Tetromino,” an automated delivery-station concept that could process packages 2.5 times faster, potentially improving logistics efficiency and labor economics. Zoox robotaxi article
• Neutral Sentiment: Anthropic’s expected IPO could revalue Amazon’s AI exposure. Its S-1 filing may provide investors with more information about Anthropic’s growth, valuation and Amazon’s strategic investment, but the outcome could either validate or challenge current AI-related expectations. Anthropic S-1 article
• Negative Sentiment: AI infrastructure spending is pressuring cash flow. Amazon’s free cash flow reportedly fell negative by $7.6 billion despite higher operating cash flow, reflecting the cost of its aggressive AI-capital-expenditure program. Investors remain focused on whether future AWS growth will produce adequate returns on that investment. Amazon free cash flow article
• Negative Sentiment: Hardware costs and policy risks are rising. Amazon increased prices on Echo, Fire TV, Kindle and other devices by as much as 60% because of memory shortages linked to AI data-center demand. Proposed AI advertising-disclosure rules, New York City scrutiny of delivery operations and continued competition from Walmart add further uncertainty. Amazon hardware price increase article

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.