Amazon.com (NASDAQ:AMZN) Stock Price Up 2.5% – Should You Buy?

Amazon.com, Inc. (NASDAQ:AMZN)’s stock price rose 2.5% on Monday . The company traded as high as $227.33 and last traded at $226.28. Approximately 54,010,253 shares traded hands during mid-day trading, an increase of 19% from the average daily volume of 45,428,703 shares. The stock had previously closed at $220.69.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. UBS Group set a $310.00 target price on shares of Amazon.com in a research note on Friday, October 31st. KeyCorp upped their price objective on shares of Amazon.com from $300.00 to $303.00 and gave the stock an “overweight” rating in a research note on Friday, October 31st. Evercore ISI raised their price objective on shares of Amazon.com from $280.00 to $335.00 and gave the stock an “outperform” rating in a report on Friday, October 31st. Rothschild & Co Redburn reissued a “neutral” rating and issued a $250.00 target price on shares of Amazon.com in a report on Tuesday, November 18th. Finally, Jefferies Financial Group restated a “buy” rating on shares of Amazon.com in a research report on Monday, October 20th. One equities research analyst has rated the stock with a Strong Buy rating, fifty-seven have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Amazon.com has a consensus rating of “Moderate Buy” and a consensus price target of $294.70.

View Our Latest Research Report on AMZN

Amazon.com Price Performance

The company has a market capitalization of $2.42 trillion, a price-to-earnings ratio of 34.49, a PEG ratio of 1.52 and a beta of 1.29. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. The company has a 50 day moving average price of $227.66 and a 200 day moving average price of $222.45.

Amazon.com (NASDAQ:AMZNGet Free Report) last issued its quarterly earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.38. The business had revenue of $180.17 billion for the quarter, compared to analyst estimates of $177.53 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The firm’s revenue for the quarter was up 13.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.43 earnings per share. Amazon.com has set its Q4 2025 guidance at EPS. As a group, equities research analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Buying and Selling at Amazon.com

In other news, Director Keith Brian Alexander sold 900 shares of Amazon.com stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $233.00, for a total transaction of $209,700.00. Following the completion of the sale, the director owned 7,170 shares in the company, valued at $1,670,610. The trade was a 11.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Jonathan Rubinstein sold 8,173 shares of the stock in a transaction that occurred on Friday, October 31st. The shares were sold at an average price of $250.03, for a total transaction of $2,043,495.19. Following the completion of the transaction, the director owned 80,030 shares in the company, valued at $20,009,900.90. This represents a 9.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 44,594 shares of company stock worth $10,887,531 over the last quarter. Company insiders own 9.70% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Fairway Wealth LLC boosted its stake in Amazon.com by 113.2% during the 3rd quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant’s stock worth $25,000 after acquiring an additional 60 shares during the last quarter. Carderock Capital Management Inc. acquired a new stake in Amazon.com in the second quarter worth $27,000. Sellwood Investment Partners LLC bought a new position in shares of Amazon.com during the third quarter worth $27,000. Cooksen Wealth LLC acquired a new position in shares of Amazon.com in the 1st quarter valued at $36,000. Finally, Maryland Capital Advisors Inc. grew its holdings in shares of Amazon.com by 81.9% in the 2nd quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock valued at $46,000 after buying an additional 95 shares during the period. 72.20% of the stock is currently owned by institutional investors.

Amazon.com Company Profile

(Get Free Report)

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.

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