Amazon.com (NASDAQ:AMZN) Stock Price Down 1.3% on Insider Selling

Shares of Amazon.com, Inc. (NASDAQ:AMZN) dropped 1.3% during mid-day trading on Friday after an insider sold shares in the company. The stock traded as low as $219.34 and last traded at $219.51. Approximately 43,449,342 shares changed hands during trading, a decline of 2% from the average daily volume of 44,189,172 shares. The stock had previously closed at $222.41.

Specifically, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $217.10, for a total value of $542,750.00. Following the sale, the chief executive officer directly owned 515,507 shares in the company, 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 through this hyperlink.

Wall Street Analyst Weigh In

AMZN has been the topic of several recent research reports. Sanford C. Bernstein set a $235.00 price objective on shares of Amazon.com and gave the company an “outperform” rating in a research report on Tuesday, July 1st. Royal Bank Of Canada boosted their price target on shares of Amazon.com from $230.00 to $240.00 and gave the stock an “outperform” rating in a research report on Friday, August 1st. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Amazon.com from $230.00 to $266.00 in a research report on Tuesday, July 22nd. Needham & Company LLC restated a “buy” rating and set a $265.00 price target on shares of Amazon.com in a research report on Friday, August 1st. Finally, Wall Street Zen upgraded shares of Amazon.com from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. Three investment analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $266.26.

Amazon.com Price Performance

The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $2.34 trillion, a P/E ratio of 33.46, a P/E/G ratio of 1.49 and a beta of 1.28. The company’s 50-day simple moving average is $226.55 and its 200 day simple moving average is $211.02.

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

Institutional Trading of Amazon.com

A number of institutional investors and hedge funds have recently modified their holdings of AMZN. Kingstone Capital Partners Texas LLC lifted its stake 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 worth $29,100,194,000 after buying an additional 132,616,953 shares during the last quarter. Norges Bank acquired a new stake in shares of Amazon.com in the second quarter worth $27,438,011,000. Nuveen LLC acquired a new stake in shares of Amazon.com in the first quarter worth $11,674,091,000. GAMMA Investing LLC lifted its stake in shares of Amazon.com by 21,420.5% in 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 buying an additional 30,104,520 shares during the last quarter. Finally, Vanguard Group Inc. lifted its stake in shares of Amazon.com by 2.1% in the second quarter. Vanguard Group Inc. now owns 849,721,601 shares of the e-commerce giant’s stock worth $186,420,422,000 after buying an additional 17,447,045 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

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.