David Zapolsky Sells 6,172 Shares of Amazon.com (NASDAQ:AMZN) Stock

Amazon.com, Inc. (NASDAQ:AMZN) SVP David Zapolsky sold 6,172 shares of the stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $259.14, for a total value of $1,599,412.08. Following the completion of the sale, the senior vice president owned 50,448 shares of the company’s stock, valued at $13,073,094.72. This trade represents a 10.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, August 24th, David Zapolsky sold 9,258 shares of Amazon.com stock. The stock was sold at an average price of $259.77, for a total value of $2,404,950.66.

Amazon.com Price Performance

Shares of AMZN opened at $260.28 on Thursday. The stock has a 50 day simple moving average of $250.94 and a 200 day simple moving average of $239.94. Amazon.com, Inc. has a 52-week low of $196.00 and a 52-week high of $287.20. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.87 and a current ratio of 1.03. The firm has a market capitalization of $2.81 trillion, a PE ratio of 20.94, a P/E/G ratio of 1.74 and a beta of 1.45.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share for the quarter, beating analysts’ consensus estimates of $1.82 by $3.93. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. The firm had revenue of $200.61 billion for the quarter, compared to analyst estimates of $197.03 billion. During the same quarter in the previous year, the firm posted $1.68 earnings per share. The business’s revenue was up 19.6% on a year-over-year basis. Sell-side analysts predict that Amazon.com, Inc. will post 8.05 EPS for the current fiscal year.

Amazon.com News Roundup

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

• Positive Sentiment: AWS expands its data-analytics offering. Amazon Web Services agreed to acquire DuckLabs, the team behind open-source DuckDB. The deal could strengthen AWS’s position in analytics and help attract developers and enterprise workloads, while DuckDB is expected to remain independent. Amazon DuckLabs acquisition
• Positive Sentiment: AI-related cloud demand remains a major catalyst. Amazon is reportedly negotiating with Moonshot AI to host its Kimi K3 model under a potential revenue-sharing arrangement. If completed, the agreement could add AI workloads to AWS, although U.S. scrutiny of Moonshot creates geopolitical and regulatory uncertainty. Reuters Moonshot AI article
• Positive Sentiment: Analysts and large investors remain optimistic. Citizens maintained a Market Outperform rating and a $315 price target, while several hedge funds and prominent investors, including Peter Thiel, David Tepper and Bill Ackman, have recently held or increased Amazon positions. These reports support the view that AMZN’s valuation and AWS growth remain attractive.
• Neutral Sentiment: Amazon is shutting down Mechanical Turk. The closure of the 21-year-old crowdsourcing platform on September 30 appears financially immaterial, but it signals continued portfolio streamlining as AI replaces some human-completed digital tasks. Mechanical Turk shutdown
• Negative Sentiment: AI spending is weighing on cash generation. AWS growth is reportedly accelerating, but infrastructure investment pushed trailing free cash flow backward by approximately $25.8 billion. Investors want evidence that massive data-center spending will translate into durable profits and improved cash flow. Amazon AWS free cash flow article
• Negative Sentiment: Executives sold more than $15 million of stock. CEO Andy Jassy, AWS CEO Matthew Garman, CFO Brian Olsavsky and other senior leaders reported sales. The trades were made under pre-arranged Rule 10b5-1 plans, reducing their significance, but the concentration of selling can still weigh on sentiment. Amazon insider selling article

Institutional Investors Weigh In On Amazon.com

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. HORAN Wealth LLC boosted its holdings in shares of Amazon.com by 4.0% in the 2nd quarter. HORAN Wealth LLC now owns 21,872 shares of the e-commerce giant’s stock valued at $5,213,000 after buying an additional 846 shares during the last quarter. Principia Wealth Advisory LLC grew its stake in shares of Amazon.com by 21.5% in the second quarter. Principia Wealth Advisory LLC now owns 1,113 shares of the e-commerce giant’s stock valued at $265,000 after buying an additional 197 shares in the last quarter. Amundi increased its holdings in Amazon.com by 3.9% during the second quarter. Amundi now owns 63,822,242 shares of the e-commerce giant’s stock worth $15,211,393,000 after buying an additional 2,421,739 shares during the last quarter. Wellington Grp LLC increased its holdings in Amazon.com by 13.7% during the second quarter. Wellington Grp LLC now owns 17,977 shares of the e-commerce giant’s stock worth $4,285,000 after buying an additional 2,171 shares during the last quarter. Finally, Affinity Wealth LLC bought a new stake in Amazon.com during the second quarter worth $76,000. Institutional investors own 72.20% of the company’s stock.

Wall Street Analysts Forecast Growth

AMZN has been the subject of a number of research reports. KeyCorp increased their target price on Amazon.com from $335.00 to $350.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. Citizens Jmp reiterated a “market outperform” rating and set a $315.00 price objective on shares of Amazon.com in a report on Friday, July 31st. Wells Fargo & Company restated an “overweight” rating and issued a $328.00 target price (up from $322.00) on shares of Amazon.com in a research note on Friday, July 31st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Amazon.com in a research report on Monday, August 3rd. Finally, DA Davidson reaffirmed a “neutral” rating and set a $250.00 price target on shares of Amazon.com in a research note on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, fifty-six have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Amazon.com has an average rating of “Moderate Buy” and a consensus price target of $322.39.

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.