Amazon.com (NASDAQ:AMZN) CEO Douglas Herrington Sells 2,500 Shares of Stock

Amazon.com, Inc. (NASDAQ:AMZN) CEO Douglas Herrington sold 2,500 shares of the firm’s stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $217.10, for a total value of $542,750.00. Following the transaction, the chief executive officer owned 515,507 shares in the company, valued at approximately $111,916,569.70. This trade represents a 0.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Amazon.com Price Performance

Amazon.com stock opened at $219.51 on Friday. The firm has a market capitalization of $2.34 trillion, a P/E ratio of 33.46, a PEG ratio of 1.49 and a beta of 1.28. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52. The business has a 50-day moving average of $226.55 and a 200-day moving average of $211.02. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AMZN. Castlekeep Investment Advisors LLC acquired a new stake in Amazon.com in the fourth quarter valued at approximately $25,000. Carderock Capital Management Inc. acquired a new stake in Amazon.com in the second quarter valued at approximately $27,000. Cooksen Wealth LLC acquired a new stake in Amazon.com in the first quarter valued at approximately $36,000. Inlight Wealth Management LLC acquired a new stake in Amazon.com in the first quarter valued at approximately $40,000. Finally, Capitol Family Office Inc. acquired a new stake in Amazon.com in the first quarter valued at approximately $42,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft boosted their price objective on Amazon.com from $230.00 to $266.00 in a research report on Tuesday, July 22nd. Sanford C. Bernstein set a $235.00 target price on Amazon.com and gave the company an “outperform” rating in a research note on Tuesday, July 1st. Stifel Nicolaus boosted their target price on Amazon.com from $245.00 to $262.00 and gave the company a “buy” rating in a research note on Tuesday, July 29th. JMP Securities restated a “market outperform” rating and issued a $285.00 target price on shares of Amazon.com in a research note on Friday, August 1st. Finally, Zacks Research cut Amazon.com from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 19th. Three analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $266.26.

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.