Matthew Garman Sells 17,751 Shares of Amazon.com (NASDAQ:AMZN) Stock

Amazon.com, Inc. (NASDAQ:AMZN) CEO Matthew Garman sold 17,751 shares of the company’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $205.22, for a total transaction of $3,642,860.22. Following the completion of the sale, the chief executive officer directly owned 9,405 shares in the company, valued at approximately $1,930,094.10. The trade was a 65.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Amazon.com Stock Up 1.0%

Shares of AMZN stock opened at $210.64 on Thursday. The stock has a market cap of $2.26 trillion, a P/E ratio of 29.38, a P/E/G ratio of 1.34 and a beta of 1.37. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $258.60. The stock has a 50 day moving average of $227.38 and a 200 day moving average of $227.93. The company has a current ratio of 1.05, a quick ratio of 0.88 and a debt-to-equity ratio of 0.16.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.97 by ($0.02). Amazon.com had a net margin of 10.83% and a return on equity of 21.87%. The firm had revenue of $213.39 billion during the quarter, compared to analyst estimates of $211.02 billion. During the same quarter in the prior year, the firm earned $1.86 earnings per share. The business’s revenue for the quarter was up 13.6% on a year-over-year basis. As a group, sell-side analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current year.

Key Stories Impacting Amazon.com

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

• Positive Sentiment: Analysts say AWS capacity expansion could drive upside: Bank of America and other analysts argue AWS is aggressively adding capacity (estimated ~15 GW by 2027), which could boost revenue and justify AWS growth expectations. Amazon’s AWS expansion could drive potential revenue upside
• Positive Sentiment: BofA and other firms reiterate bullish ratings: BofA kept a Buy and $275 target citing AWS capacity advantages; Wells Fargo reiterated Overweight — analyst support tempers downside from the recent pullback. Is Amazon underestimated? Analyst note
• Positive Sentiment: Concrete capacity buildouts: Amazon pledged a $12B Louisiana data‑center investment to support AI/cloud demand — tangible capacity increases that underpin AWS revenue growth and justify part of the broader capex narrative. Amazon pledges $12B for Louisiana data centers
• Neutral Sentiment: Leadership/AGI research change: The head of Amazon’s AGI lab is leaving — watch for follow-up on leadership and research continuity; impact on near-term revenue is unclear. Head of Amazon’s AGI lab is leaving
• Neutral Sentiment: Short-term market tailwinds: cooperation news in the AI ecosystem (e.g., Anthropic excursions) has helped software/cloud names rally, giving AMZN some momentum independent of fundamentals. Anthropic extends enterprise olive branch
• Negative Sentiment: Investor anxiety over massive AI capex: Ongoing debate about Amazon’s ~ $200B AI/data‑center capex plan is pressuring the stock — questions on timing of returns and FCF impact continue to weigh on valuation. 200B AI spending debate
• Negative Sentiment: Insider sales: multiple senior execs (including filings from CEO Andy Jassy and others) disclosed sizable stock sales last week — a near‑term negative sentiment signal that can amplify downward pressure. Jassy Form 4 filing
• Negative Sentiment: Regulatory/legal risks rising: California seeks an injunction over alleged merchant‑bullying on pricing, Italy banned an Amazon unit from processing staff data, and Spain flagged delays in compliance — potential fines, restrictions or compliance costs add uncertainty. California seeks injunction Italy privacy ban Spain antitrust note
• Negative Sentiment: Rising short interest and market positioning: reported increases in short positions and sector rotation into Energy/Utilities amplify volatility risk for AMZN if sentiment sours further.

Analysts Set New Price Targets

Several research firms have commented on AMZN. Wedbush cut their price objective on Amazon.com from $340.00 to $300.00 and set an “outperform” rating for the company in a research note on Friday, February 6th. Morgan Stanley restated an “overweight” rating and set a $300.00 price target (down from $315.00) on shares of Amazon.com in a report on Friday, February 6th. CICC Research boosted their price objective on shares of Amazon.com from $240.00 to $280.00 and gave the company an “outperform” rating in a report on Wednesday, November 5th. Barclays restated a “buy” rating on shares of Amazon.com in a research note on Friday, February 6th. Finally, Needham & Company LLC reissued a “buy” rating and set a $265.00 price target on shares of Amazon.com in a research report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, fifty-three have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $287.29.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in AMZN. Fairway Wealth LLC raised its stake in shares of Amazon.com by 113.2% during the 3rd quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant’s stock worth $25,000 after buying an additional 60 shares during the last quarter. Sellwood Investment Partners LLC purchased a new position in shares of Amazon.com during the third quarter valued at approximately $27,000. MilWealth Group LLC lifted its stake in shares of Amazon.com by 79.0% during the 4th quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant’s stock worth $41,000 after purchasing an additional 79 shares during the period. Elkhorn Partners Limited Partnership lifted its position in Amazon.com by 900.0% during the fourth quarter. Elkhorn Partners Limited Partnership now owns 200 shares of the e-commerce giant’s stock worth $46,000 after buying an additional 180 shares during the period. Finally, Prudent Man Investment Management Inc. boosted its stake in Amazon.com by 87.7% in the 4th quarter. Prudent Man Investment Management Inc. now owns 229 shares of the e-commerce giant’s stock worth $53,000 after buying an additional 107 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

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.