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

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

Amazon.com Price Performance

Shares of NASDAQ:AMZN opened at $219.51 on Friday. 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 stock’s fifty day simple moving average is $226.55 and its two-hundred day simple moving average is $211.02. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $242.52. The stock has a market cap of $2.34 trillion, a PE ratio of 33.46, a price-to-earnings-growth ratio of 1.49 and a beta of 1.28.

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

Institutional Trading of Amazon.com

A number of hedge funds have recently bought and sold shares of AMZN. HCR Wealth Advisors raised its stake in shares of Amazon.com by 0.5% during the third quarter. HCR Wealth Advisors now owns 52,584 shares of the e-commerce giant’s stock worth $11,695,000 after acquiring an additional 246 shares in the last quarter. Jackson Wealth Management LLC raised its stake in shares of Amazon.com by 2.3% during the third quarter. Jackson Wealth Management LLC now owns 28,922 shares of the e-commerce giant’s stock worth $6,350,000 after acquiring an additional 657 shares in the last quarter. Summit Financial Wealth Advisors LLC raised its stake in shares of Amazon.com by 21.1% during the third quarter. Summit Financial Wealth Advisors LLC now owns 10,572 shares of the e-commerce giant’s stock worth $2,332,000 after acquiring an additional 1,843 shares in the last quarter. Aaron Wealth Advisors LLC increased its stake in shares of Amazon.com by 79.9% in the third quarter. Aaron Wealth Advisors LLC now owns 103,917 shares of the e-commerce giant’s stock worth $22,817,000 after buying an additional 46,147 shares during the period. Finally, First Citizens Financial Corp increased its stake in shares of Amazon.com by 12.9% in the third quarter. First Citizens Financial Corp now owns 4,640 shares of the e-commerce giant’s stock worth $1,019,000 after buying an additional 529 shares during the period. Institutional investors own 72.20% of the company’s stock.

Analysts Set New Price Targets

AMZN has been the topic of a number of recent research reports. HSBC upped their price target on Amazon.com from $256.00 to $260.00 and gave the company a “buy” rating in a research report on Monday, September 29th. Barclays increased their price objective on Amazon.com from $240.00 to $275.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Deutsche Bank Aktiengesellschaft increased their price objective on Amazon.com from $230.00 to $266.00 in a report on Tuesday, July 22nd. Cantor Fitzgerald increased their price objective on Amazon.com from $260.00 to $280.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Finally, Wall Street Zen raised Amazon.com from a “hold” rating to a “buy” rating in a report on Saturday, August 2nd. Three equities research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $266.26.

Amazon.com Company Profile

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.