Amazon.com (NASDAQ:AMZN) SVP David Zapolsky Sells 7,100 Shares of Stock

Amazon.com, Inc. (NASDAQ:AMZN) SVP David Zapolsky sold 7,100 shares of the company’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $205.35, for a total transaction of $1,457,985.00. Following the completion of the sale, the senior vice president directly owned 51,839 shares of the company’s stock, valued at $10,645,138.65. The trade was a 12.05% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

David Zapolsky also recently made the following trade(s):

  • On Tuesday, February 24th, David Zapolsky sold 10,649 shares of Amazon.com stock. The stock was sold at an average price of $205.43, for a total transaction of $2,187,624.07.

Amazon.com Stock Up 1.6%

Amazon.com stock opened at $208.56 on Wednesday. The company has a quick ratio of 0.88, a current ratio of 1.05 and a debt-to-equity ratio of 0.16. The firm has a market cap of $2.24 trillion, a P/E ratio of 29.09, a P/E/G ratio of 1.31 and a beta of 1.37. The business has a fifty day moving average of $227.59 and a two-hundred day moving average of $228.06. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $258.60.

Amazon.com (NASDAQ:AMZNGet Free Report) last released its quarterly earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 EPS for the quarter, missing the consensus estimate of $1.97 by ($0.02). Amazon.com had a return on equity of 21.87% and a net margin of 10.83%.The company had revenue of $213.39 billion during the quarter, compared to the consensus estimate of $211.02 billion. During the same period in the previous year, the firm posted $1.86 earnings per share. The company’s revenue was up 13.6% on a year-over-year basis. On average, analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

AMZN has been the topic of a number of analyst reports. Wells Fargo & Company set a $304.00 price objective on shares of Amazon.com and gave the stock an “overweight” rating in a research report on Monday. Citigroup cut their price target on shares of Amazon.com from $320.00 to $265.00 and set a “buy” rating on the stock in a report on Monday, February 9th. Desjardins upped their price target on Amazon.com to $218.00 in a research report on Monday, December 8th. HSBC raised their price objective on Amazon.com from $260.00 to $285.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Finally, Citizens Jmp upped their target price on Amazon.com from $300.00 to $315.00 and gave the company an “outperform” rating in a research report on Monday, February 2nd. One analyst has rated the stock with a Strong Buy rating, fifty-three have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Amazon.com presently has an average rating of “Moderate Buy” and an average target price of $287.29.

Get Our Latest Stock Report on AMZN

Institutional Investors Weigh In On Amazon.com

Institutional investors and hedge funds have recently modified their holdings of the company. TRU Independence Asset Management 2 LLC boosted its position in Amazon.com by 47.8% in the fourth quarter. TRU Independence Asset Management 2 LLC now owns 22,480 shares of the e-commerce giant’s stock valued at $5,189,000 after buying an additional 7,274 shares during the last quarter. DGS Capital Management LLC raised its position in Amazon.com by 2.6% during the 4th quarter. DGS Capital Management LLC now owns 34,127 shares of the e-commerce giant’s stock worth $7,877,000 after buying an additional 873 shares during the last quarter. Ketron Financial acquired a new stake in Amazon.com during the 4th quarter valued at approximately $11,665,000. Coastline Complete Wealth LLC purchased a new stake in shares of Amazon.com in the 4th quarter valued at $2,493,000. Finally, Barnes Wealth Management Group Inc boosted its holdings in shares of Amazon.com by 4.4% in the 4th quarter. Barnes Wealth Management Group Inc now owns 4,624 shares of the e-commerce giant’s stock valued at $1,067,000 after acquiring an additional 197 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Key Headlines Impacting Amazon.com

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

  • Positive Sentiment: Amazon announced a major infrastructure push: a $12 billion data‑center buildout in northwest Louisiana to support AI and cloud demand — this is concrete capacity for AWS, strengthens the company’s AI/service revenue runway and supports longer‑term AWS growth. Amazon plans $12 billion data center buildout in Louisiana
  • Positive Sentiment: Sector tailwinds: a tech-led market rally and reports of cooperation between Anthropic and software vendors boosted software/cloud stocks, helping AWS-exposed names like Amazon. This provides short‑term market momentum for AMZN. Anthropic Extends Enterprise Olive Branch, Lifts Software Stocks
  • Neutral Sentiment: Leadership and research changes: David Luan, head of Amazon’s AGI lab, is leaving after under two years — a development to monitor for AGI program continuity but not yet a clear hit to near‑term revenue. Head of Amazon’s AGI lab is leaving the company
  • Negative Sentiment: Insider selling: multiple senior executives (including CEO Andy Jassy and other senior officers) disclosed sizable share sales last week — a negative sentiment signal that can add pressure to the stock even if sales are routine. Jassy Form 4 filing
  • Negative Sentiment: Regulatory/legal headwinds: California asked a court to enjoin alleged merchant‑bullying on prices, and Italy’s privacy regulator banned an Amazon unit from processing staff personal data — potential fines, restrictions or adverse rulings could increase costs and uncertainty. California seeks injunction Italy privacy ban
  • Negative Sentiment: AI capex debate persists: investor unease about Amazon’s roughly $200 billion AI/data‑center capex plan continues to weigh on valuation (questions on timing of returns and free‑cash‑flow impact). Several recent articles argue the spending spooked the market and is the principal reason for the February drawdown. A $200 Billion AI Bet Is Either Amazon’s Masterstroke or Its Biggest Mistake

About Amazon.com

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Amazon.com (NASDAQ:AMZN)

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