Amazon.com (NASDAQ:AMZN) Stock Price Up 1.4% – Should You Buy?

Amazon.com, Inc. (NASDAQ:AMZN)’s stock price was up 1.4% on Thursday . The company traded as high as $247.50 and last traded at $247.04. Approximately 36,952,945 shares changed hands during mid-day trading, a decline of 27% from the average daily volume of 50,288,895 shares. The stock had previously closed at $243.62.

Key Amazon.com News

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

• Positive Sentiment: Bank of America raised its price target on Amazon and kept a Buy rating, citing faster domestic product sell-through and improving momentum in the core business. BofA Raises its Price Target on Amazon.com (AMZN)
• Positive Sentiment: BNP Paribas said Amazon’s valuation looks attractive ahead of earnings and maintained an Outperform rating with a $345 target, reflecting confidence in AWS and retail growth. Amazon’s Valuation Looks Attractive Ahead of Earnings: Analyst
• Positive Sentiment: Needham reiterated a Buy rating and $300 target, saying Amazon’s debt raise is a positive signal because it supports aggressive AI infrastructure investment. Debt Raise Is a Positive Signal for Amazon Stock, Says Needham
• Neutral Sentiment: Amazon’s $25 billion bond sale is being interpreted as a financing move to support AI spending; it can aid long-term growth, but it also increases near-term leverage and capex pressure. AI-related debt sells off sharply as Amazon borrows another $25 billion
• Neutral Sentiment: Several articles highlighted Amazon’s deepening AI buildout, including AWS security expansion in Europe and broader plans for custom chips and cloud capacity, but these are longer-term catalysts rather than immediate earnings drivers. Amazon (AMZN) Deepens AWS Security Offering in Europe
• Negative Sentiment: Some investors remain cautious because the large AI spending spree could pressure free cash flow in the near term, and insider selling has added a small sentiment headwind. Amazon’s (AMZN) New $25B Bond Sales Shows Cracks in the AI Debt Frenzy

Analyst Ratings Changes

Several equities research analysts have recently commented on AMZN shares. Morgan Stanley boosted their price target on shares of Amazon.com from $300.00 to $330.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Amazon.com in a research note on Friday, June 26th. KeyCorp lifted their price objective on shares of Amazon.com from $325.00 to $330.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. HSBC boosted their price objective on shares of Amazon.com from $280.00 to $310.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Finally, Piper Sandler set a $330.00 target price on Amazon.com in a report on Thursday, June 11th. Fifty-seven analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $312.79.

Amazon.com Trading Up 1.4%

The company’s 50 day simple moving average is $253.64 and its two-hundred day simple moving average is $235.10. The company has a quick ratio of 1.01, a current ratio of 1.18 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $2.66 trillion, a price-to-earnings ratio of 29.55, a P/E/G ratio of 1.83 and a beta of 1.46.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Wednesday, April 29th. The e-commerce giant reported $2.78 EPS for the quarter, beating the consensus estimate of $1.63 by $1.15. The firm had revenue of $181.52 billion during the quarter, compared to analyst estimates of $177.28 billion. Amazon.com had a return on equity of 19.92% and a net margin of 12.22%.The business’s revenue for the quarter was up 16.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.59 EPS. As a group, research analysts anticipate that Amazon.com, Inc. will post 7.75 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Amazon.com news, CEO Matthew S. Garman sold 15,467 shares of the firm’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $263.40, for a total value of $4,074,007.80. Following the completion of the sale, the chief executive officer owned 14,159 shares of the company’s stock, valued at approximately $3,729,480.60. This trade represents a 52.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew R. Jassy sold 31,352 shares of the business’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $275.00, for a total value of $8,621,800.00. Following the sale, the chief executive officer owned 2,175,766 shares in the company, valued at $598,335,650. The trade was a 1.42% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 195,774 shares of company stock valued at $51,643,704. 8.90% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of AMZN. Sapient Capital LLC increased its holdings in shares of Amazon.com by 4.3% in the second quarter. Sapient Capital LLC now owns 409,113 shares of the e-commerce giant’s stock valued at $97,508,000 after purchasing an additional 16,726 shares during the period. World Equity Group Inc. lifted its holdings in shares of Amazon.com by 1.9% during the second quarter. World Equity Group Inc. now owns 36,694 shares of the e-commerce giant’s stock worth $8,746,000 after purchasing an additional 692 shares during the period. Professional Financial Advisors LLC boosted its position in Amazon.com by 118.8% in the second quarter. Professional Financial Advisors LLC now owns 9,984 shares of the e-commerce giant’s stock valued at $2,380,000 after buying an additional 5,420 shares during the last quarter. Capital Wealth Management LLC purchased a new stake in Amazon.com in the second quarter valued at approximately $228,000. Finally, Vertrix Wealth Management LLC increased its holdings in Amazon.com by 6.1% in the 2nd quarter. Vertrix Wealth Management LLC now owns 17,634 shares of the e-commerce giant’s stock worth $4,203,000 after buying an additional 1,013 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Company Profile

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.