Traders Purchase High Volume of Amazon.com Call Options (NASDAQ:AMZN)

Amazon.com, Inc. (NASDAQ:AMZN) was the recipient of some unusual options trading on Friday. Stock traders acquired 775,936 call options on the stock. This is an increase of approximately 24% compared to the average volume of 627,020 call options.

Amazon.com Stock Down 5.0%

AMZN stock opened at $216.37 on Friday. 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 business has a 50 day moving average price of $225.94 and a two-hundred day moving average price of $211.82. The company has a market cap of $2.31 trillion, a price-to-earnings ratio of 32.98, a P/E/G ratio of 1.51 and a beta of 1.28. Amazon.com has a twelve month low of $161.38 and a twelve month high of $242.52.

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

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on AMZN shares. Needham & Company LLC reiterated a “buy” rating and set a $265.00 price objective on shares of Amazon.com in a report on Friday, August 1st. HSBC increased their price objective on Amazon.com from $256.00 to $260.00 and gave the stock a “buy” rating in a report on Monday, September 29th. Truist Financial increased their price objective on Amazon.com from $250.00 to $270.00 and gave the stock a “buy” rating in a report on Tuesday, September 16th. Wells Fargo & Company upgraded Amazon.com from an “equal weight” rating to an “overweight” rating and increased their price objective for the stock from $245.00 to $280.00 in a report on Wednesday, September 24th. Finally, Bank of America increased their price objective on Amazon.com from $265.00 to $272.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Three analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Amazon.com currently has an average rating of “Buy” and an average target price of $266.26.

Insider Transactions at Amazon.com

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of the stock in a transaction dated Monday, July 21st. The stock was sold at an average price of $227.77, for a total value of $973,315,191.49. Following the transaction, the insider owned 890,273,469 shares of the company’s stock, valued at approximately $202,777,588,034.13. This represents a 0.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Brian T. Olsavsky sold 17,750 shares of the stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $222.74, for a total value of $3,953,635.00. Following the completion of the transaction, the chief financial officer directly owned 49,000 shares in the company, valued at $10,914,260. The trade was a 26.59% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 14,040,098 shares of company stock valued at $3,204,129,405. Corporate insiders own 9.70% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Western Wealth Management LLC boosted its stake in shares of Amazon.com by 0.9% during the 1st quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant’s stock worth $26,660,000 after acquiring an additional 1,297 shares during the period. Flaharty Asset Management LLC boosted its stake in shares of Amazon.com by 87.7% during the 1st quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant’s stock worth $968,000 after acquiring an additional 2,377 shares during the period. Barnes Dennig Private Wealth Management LLC bought a new position in shares of Amazon.com during the 1st quarter worth approximately $514,000. Border to Coast Pensions Partnership Ltd boosted its stake in shares of Amazon.com by 6.0% during the 2nd quarter. Border to Coast Pensions Partnership Ltd now owns 1,136,311 shares of the e-commerce giant’s stock worth $249,295,000 after acquiring an additional 63,924 shares during the period. Finally, Harbor Investment Advisory LLC boosted its stake in shares of Amazon.com by 0.7% during the 1st quarter. Harbor Investment Advisory LLC now owns 304,091 shares of the e-commerce giant’s stock worth $58,000 after acquiring an additional 2,145 shares during the period. 72.20% of the stock is currently owned by institutional investors.

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.