Amazon.com (NASDAQ:AMZN) Shares Sold by Rep. Pete Sessions

Representative Pete Sessions (Republican-Texas) recently sold shares of Amazon.com, Inc. (NASDAQ:AMZN). In a filing disclosed on October 27th, the Representative disclosed that they had sold between $15,001 and $50,000 in Amazon.com stock on October 27th.

Representative Pete Sessions also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Walt Disney (NYSE:DIS) on 10/28/2026.
• Sold $1,001 – $15,000 in shares of McDonald’s (NYSE:MCD) on 10/27/2026.
• Sold $15,001 – $50,000 in shares of Lowe’s Companies (NYSE:LOW) on 10/22/2026.
• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 10/22/2026.
• Sold $1,001 – $15,000 in shares of Solstice Advanced Mat (NASDAQ:SOLS) on 10/21/2026.
• Sold $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 10/21/2026.
• Sold $0 – $1,000 in shares of Resideo Technologies (NYSE:REZI) on 10/21/2026.
• Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 10/20/2026.
• Sold $15,001 – $50,000 in shares of Berkshire Hathaway (NYSE:BRK.B) on 10/15/2026.
• Sold $15,001 – $50,000 in shares of Chevron (NYSE:CVX) on 10/14/2026.

Amazon.com Price Performance

AMZN opened at $254.60 on Thursday. 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 stock has a market capitalization of $2.75 trillion, a P/E ratio of 20.48, a P/E/G ratio of 2.04 and a beta of 1.45. The company’s 50-day simple moving average is $255.11 and its two-hundred day simple moving average is $243.14. Amazon.com, Inc. has a 52-week low of $196.00 and a 52-week high of $287.20.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, July 30th. The e-commerce giant reported $5.75 EPS for the quarter, topping the consensus estimate of $1.82 by $3.93. The company had revenue of $200.61 billion during the quarter, compared to analyst estimates of $197.03 billion. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%. Amazon.com’s revenue was up 19.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.68 earnings per share. As a group, analysts predict that Amazon.com, Inc. will post 7.55 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Leonard Rickey Investment Advisors P.L.L.C. boosted its holdings in Amazon.com by 10.0% during the 3rd quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 24,721 shares of the e-commerce giant’s stock valued at $6,159,000 after acquiring an additional 2,254 shares during the period. Corecam AG raised its stake in Amazon.com by 65.3% during the third quarter. Corecam AG now owns 12,635 shares of the e-commerce giant’s stock valued at $3,148,000 after buying an additional 4,992 shares during the last quarter. Bell Investment Advisors Inc boosted its stake in Amazon.com by 3.3% in the 3rd quarter. Bell Investment Advisors Inc now owns 5,923 shares of the e-commerce giant’s stock worth $1,476,000 after purchasing an additional 188 shares in the last quarter. Verus Financial Partners Inc. increased its stake in Amazon.com by 9.7% during the 3rd quarter. Verus Financial Partners Inc. now owns 3,825 shares of the e-commerce giant’s stock valued at $953,000 after purchasing an additional 337 shares in the last quarter. Finally, Columbia Bank raised its stake in shares of Amazon.com by 4.8% in the third quarter. Columbia Bank now owns 47,937 shares of the e-commerce giant’s stock worth $11,944,000 after purchasing an additional 2,189 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.

Key Stories Impacting Amazon.com

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

• Positive Sentiment: AWS growth is the key bullish catalyst. Analysts expect Amazon Web Services to lead the quarter, supported by accelerating cloud demand, AI partnerships and a reported capacity backlog extending through much of next year. UBS believes Wall Street may be underestimating AWS’s profitability. UBS AWS earnings analysis
• Positive Sentiment: Amazon’s AI infrastructure position could support long-term growth. Demand for computing, memory and data-center power remains strong, while Amazon’s investment in Anthropic and its planned Globalstar acquisition could expand its AI and satellite-connectivity opportunities. The FCC approved the $11.5 billion Globalstar transaction, strengthening Amazon Leo’s challenge to SpaceX’s Starlink. Reuters Globalstar approval article
• Positive Sentiment: Valuation and earnings expectations are attracting bullish attention. Several analysts describe AMZN as attractive ahead of earnings, citing AWS growth, advertising potential and a forward valuation near the low end of its recent range. Options markets, however, imply a sizable post-earnings move. Amazon earnings valuation analysis
• Neutral Sentiment: Third-quarter results are the immediate focus. Investors will watch AWS revenue growth, operating margins, advertising, free cash flow and management’s capital-expenditure outlook when Amazon reports after the close on October 29. Amazon earnings preview
• Negative Sentiment: Massive AI spending remains the principal risk. Forecasts indicate Amazon’s 2026 capital expenditures could exceed $200 billion, raising concerns about near-term free cash flow, depreciation and margins. Reports that Alexa+ may cost roughly $1.7 billion this year and that engineers were urged to limit unnecessary AI usage reinforce concerns about rising costs.
• Negative Sentiment: AI shopping agents could weaken Amazon’s retail advantage. Investor Gene Munster warned that personalized bots may become the starting point for online purchases, potentially challenging Amazon’s search, discovery and customer-relationship advantages. Gene Munster AI competition article

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Monness Crespi & Hardt lifted their price objective on Amazon.com from $315.00 to $330.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Rosenblatt Securities upped their price target on shares of Amazon.com from $335.00 to $360.00 and gave the stock a “buy” rating in a research report on Wednesday, September 30th. Mizuho set a $330.00 price objective on shares of Amazon.com and gave the stock an “outperform” rating in a research note on Friday, July 31st. Roth Capital restated a “buy” rating and set a $325.00 price objective on shares of Amazon.com in a research report on Monday, August 3rd. Finally, Benchmark raised their price objective on shares of Amazon.com from $370.00 to $400.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Fifty-seven analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, Amazon.com has an average rating of “Moderate Buy” and an average target price of $325.12.

Insider Buying and Selling at Amazon.com

In other news, VP Shelley Reynolds sold 2,343 shares of the company’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $259.01, for a total transaction of $606,860.43. Following the completion of the sale, the vice president owned 119,780 shares of the company’s stock, valued at $31,024,217.80. This represents a 1.92% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew S. Garman sold 14,541 shares of the company’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $259.06, for a total transaction of $3,766,991.46. Following the sale, the chief executive officer directly owned 17,794 shares of the company’s stock, valued at $4,609,713.64. The trade was a 44.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 71,589 shares of company stock worth $18,580,515. 8.90% of the stock is owned by corporate insiders.

About Representative Sessions

Pete Sessions (Republican Party) is a member of the U.S. House, representing Texas’ 17th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027.

Sessions (Republican Party) ran for re-election to the U.S. House to represent Texas’ 17th Congressional District. He won in the general election on November 5, 2024.

On October 20, 2023, Sessions announced he was running to replace Kevin McCarthy (R) as speaker of the U.S. House in the 118th Congress. Sessions lost the first round of nomination voting on October 24, 2023.

Pete Sessions was born and lives in Waco, Texas. Sessions earned a B.S. from Southwestern University in 1978. Sessions’ career experience includes working as an executive with AT&T.

About Amazon.com

Amazon.com, Inc is a global technology and e-commerce company founded by Jeff Bezos in 1994. Originally launched as an online bookstore, the company has expanded into a broad digital marketplace offering consumer products across numerous categories, including electronics, household goods, apparel, groceries and other merchandise. Amazon also sells products under its own brands and provides logistics, fulfillment and delivery services that support its retail operations and third-party sellers.

The company’s principal businesses include online and physical retail, Amazon Web Services (AWS), digital advertising, subscription services and consumer technology.