Douglas Herrington Sells 27,500 Shares of Amazon.com (NASDAQ:AMZN) Stock

Amazon.com, Inc. (NASDAQ:AMZN) CEO Douglas Herrington sold 27,500 shares of the stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $275.00, for a total transaction of $7,562,500.00. Following the completion of the transaction, the chief executive officer owned 471,361 shares in the company, valued at $129,624,275. The trade was a 5.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Amazon.com Stock Performance

NASDAQ AMZN traded up $1.49 on Tuesday, hitting $273.54. 41,605,006 shares of the company traded hands, compared to its average volume of 50,407,977. The business’s 50 day moving average price is $223.63 and its 200-day moving average price is $227.48. The company has a current ratio of 1.18, a quick ratio of 1.01 and a debt-to-equity ratio of 0.27. Amazon.com, Inc. has a 52-week low of $183.85 and a 52-week high of $278.56. The company has a market capitalization of $2.94 trillion, a price-to-earnings ratio of 32.72, a P/E/G ratio of 2.01 and a beta of 1.46.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.63 by $1.15. Amazon.com had a return on equity of 19.92% and a net margin of 12.22%.The company had revenue of $181.52 billion during the quarter, compared to the consensus estimate of $177.28 billion. During the same period in the previous year, the company posted $1.59 EPS. The firm’s revenue was up 16.6% on a year-over-year basis. Equities analysts expect that Amazon.com, Inc. will post 7.71 earnings per share for the current year.

Amazon.com News Summary

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

• Positive Sentiment: ASCS launch opens a large new TAM by commercializing Amazon’s logistics stack (freight, fulfillment, parcel) — a potential “AWS‑like” high‑margin business that knocked down UPS/FDX and is being priced as a meaningful upside for AMZN. Amazon opens up its logistics network to other businesses
• Positive Sentiment: Analysts and research houses raised targets and reiterated buys (examples include BNP Paribas, China Renaissance, New Street, DZ Bank), giving the stock additional upside and validating the AI/AWS/logistics story. BNP Paribas raises target
• Positive Sentiment: Q1 results and AWS momentum: Amazon beat EPS/revenue and AWS growth reaccelerated, supporting management’s message that large AI infrastructure spending is beginning to translate into revenue. AWS and logistics thesis
• Positive Sentiment: Product expansion — same‑day fresh grocery deliveries for business customers expands addressable market and cross‑sell opportunities for Amazon Business. Fresh grocery deliveries to businesses
• Neutral Sentiment: Insider transaction: a director sold ~3,700 shares under a pre‑arranged Rule 10b5‑1 plan — routine disclosure, limited signal for fundamentals. Director sale disclosed
• Neutral Sentiment: Product/AI integrations: Amazon is experimenting with merging its Rufus AI chat into main search and rolling out internal AI tooling (Claude Code/Codex) — operationally constructive but unclear near‑term revenue impact. Rufus AI search integration
• Negative Sentiment: CapEx and FCF pressure: Amazon’s massive AI/capex program (>$200B disclosed) has pushed free cash flow sharply lower; if revenue or AWS/AI demand disappoints, the cash burn could dent multiples and trigger downside risk. Cash burn analysis
• Negative Sentiment: Macro/market risk: commentary warns hyperscaler AI spending could add to inflationary and energy cost pressures, a broader headwind for valuations and margins. AI spending and inflation risk

Institutional Trading of Amazon.com

Several institutional investors and hedge funds have recently modified their holdings of AMZN. Blackhawk Capital Partners LLC lifted its holdings in shares of Amazon.com by 1.7% in the 1st quarter. Blackhawk Capital Partners LLC now owns 34,896 shares of the e-commerce giant’s stock worth $7,268,000 after buying an additional 570 shares during the period. Illinois Municipal Retirement Fund boosted its position in Amazon.com by 4.7% during the 1st quarter. Illinois Municipal Retirement Fund now owns 715,561 shares of the e-commerce giant’s stock valued at $149,030,000 after acquiring an additional 32,181 shares in the last quarter. Gentry Private Wealth LLC increased its holdings in shares of Amazon.com by 29.0% in the 1st quarter. Gentry Private Wealth LLC now owns 7,698 shares of the e-commerce giant’s stock valued at $1,603,000 after acquiring an additional 1,732 shares during the period. Journey Advisory Group LLC boosted its position in Amazon.com by 89.7% during the first quarter. Journey Advisory Group LLC now owns 44,351 shares of the e-commerce giant’s stock valued at $9,237,000 after purchasing an additional 20,968 shares in the last quarter. Finally, Providence Wealth Advisors LLC boosted its holdings in shares of Amazon.com by 0.6% in the 1st quarter. Providence Wealth Advisors LLC now owns 18,256 shares of the e-commerce giant’s stock valued at $3,838,000 after buying an additional 112 shares in the last quarter. Institutional investors own 72.20% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on AMZN shares. Rosenblatt Securities upped their price target on Amazon.com from $296.00 to $332.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Citigroup reiterated a “buy” rating and issued a $325.00 price target (up from $285.00) on shares of Amazon.com in a report on Thursday, April 30th. Raymond James Financial reiterated an “outperform” rating and set a $280.00 target price on shares of Amazon.com in a research report on Friday. Wedbush dropped their price objective on shares of Amazon.com from $340.00 to $300.00 and set an “outperform” rating for the company in a research note on Friday, February 6th. Finally, Telsey Advisory Group boosted their price objective on Amazon.com from $300.00 to $315.00 and gave the stock an “outperform” rating in a research note on Thursday, April 30th. Fifty-six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $313.09.

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.