Representative Cleo Fields (D-Louisiana) recently bought shares of Amazon.com, Inc. (NASDAQ:AMZN). In a filing disclosed on September 03rd, the Representative disclosed that they had bought between $100,001 and $250,000 in Amazon.com stock on August 1st. The trade occurred in the Representative’s “MORGAN STANLEY – E*TRADE #2” account.
Representative Cleo Fields also recently made the following trade(s):
- Purchased $15,001 – $50,000 in shares of NVIDIA (NASDAQ:NVDA) on 8/22/2025.
- Purchased $15,001 – $50,000 in shares of NVIDIA (NASDAQ:NVDA) on 8/20/2025.
- Purchased $15,001 – $50,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 8/15/2025.
- Purchased $15,001 – $50,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 8/15/2025.
- Purchased $15,001 – $50,000 in shares of Broadcom (NASDAQ:AVGO) on 8/15/2025.
- Purchased $15,001 – $50,000 in shares of Amazon.com (NASDAQ:AMZN) on 8/15/2025.
- Purchased $50,001 – $100,000 in shares of Amazon.com (NASDAQ:AMZN) on 8/15/2025.
- Purchased $100,001 – $250,000 in shares of NVIDIA (NASDAQ:NVDA) on 8/15/2025.
- Purchased $15,001 – $50,000 in shares of NVIDIA (NASDAQ:NVDA) on 8/15/2025.
- Purchased $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 8/14/2025.
Amazon.com Stock Up 4.3%
AMZN stock opened at $235.68 on Friday. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52. The business’s 50-day moving average is $225.56 and its two-hundred day moving average is $208.09. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The company has a market cap of $2.51 trillion, a price-to-earnings ratio of 35.93, a P/E/G ratio of 1.52 and a beta of 1.30.
Analyst Ratings Changes
Several research firms recently issued reports on AMZN. Truist Financial increased their target price on Amazon.com from $226.00 to $250.00 and gave the stock a “buy” rating in a research report on Wednesday, July 2nd. Monness Crespi & Hardt raised their price objective on Amazon.com from $265.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, August 1st. BNP Paribas Exane raised Amazon.com from a “neutral” rating to an “outperform” rating and set a $254.00 price objective for the company in a research note on Friday, June 27th. Scotiabank increased their target price on Amazon.com from $250.00 to $275.00 and gave the stock a “sector outperform” rating in a research note on Tuesday, July 22nd. Finally, Moffett Nathanson lifted their target price on Amazon.com from $250.00 to $253.00 and gave the company a “buy” rating in a research report on Tuesday, June 24th. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Amazon.com has an average rating of “Buy” and an average target price of $262.87.
Check Out Our Latest Analysis on Amazon.com
Institutional Investors Weigh In On Amazon.com
Several large investors have recently bought and sold shares of the company. Kingstone Capital Partners Texas LLC grew its position in shares of Amazon.com by 542,733.6% in the second quarter. Kingstone Capital Partners Texas LLC now owns 132,641,388 shares of the e-commerce giant’s stock valued at $29,100,194,000 after purchasing an additional 132,616,953 shares in the last quarter. Norges Bank acquired a new position in Amazon.com during the second quarter worth $27,438,011,000. Nuveen LLC acquired a new position in Amazon.com during the first quarter worth $11,674,091,000. GAMMA Investing LLC lifted its stake in Amazon.com by 21,420.5% during the first quarter. GAMMA Investing LLC now owns 30,245,061 shares of the e-commerce giant’s stock worth $5,754,425,000 after purchasing an additional 30,104,520 shares in the last quarter. Finally, Capital World Investors raised its stake in shares of Amazon.com by 36.8% in the fourth quarter. Capital World Investors now owns 65,709,496 shares of the e-commerce giant’s stock valued at $14,416,078,000 after acquiring an additional 17,681,004 shares in the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In other news, SVP David Zapolsky sold 13,570 shares of the stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $222.76, for a total value of $3,022,853.20. Following the sale, the senior vice president directly owned 44,110 shares in the company, valued at approximately $9,825,943.60. This trade represents a 23.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Douglas J. Herrington sold 2,500 shares of the stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $223.49, for a total value of $558,725.00. Following the completion of the transaction, the chief executive officer directly owned 518,007 shares in the company, valued at $115,769,384.43. This trade represents a 0.48% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 25,097,911 shares of company stock valued at $5,676,032,574. 9.70% of the stock is owned by company insiders.
About Representative FIELDS
Cleo Fields (Democratic Party) is a member of the U.S. House, representing Louisiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Fields (Democratic Party) is running for re-election to the U.S. House to represent Louisiana’s 6th Congressional District. He declared candidacy for the primary scheduled on November 3, 2026.
Cleo Fields graduated from McKinley High School in 1980. He earned a bachelor’s degree in mass communications from Southern University in 1984 and a J.D. from the Southern University Law Center in 1987. His career experience includes working as a state legislator and U.S. congressman. When Fields was elected to the Louisiana State Senate in 1986, he was the youngest person ever elected to the State Senate in Louisiana’s history. In 1995, Fields ran for governor of Louisiana, becoming the first African American since reconstruction to make the runoff.
About Amazon.com
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.
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