Representative Mark Alford (Republican-Missouri) recently sold shares of Amazon.com, Inc. (NASDAQ:AMZN). In a filing disclosed on March 31st, the Representative disclosed that they had sold between $1,001 and $15,000 in Amazon.com stock on March 16th. The trade occurred in the Representative’s “PUTNAM INVESTMENTS” account.
Representative Mark Alford also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 3/16/2026.
- Sold $1,001 – $15,000 in shares of Berkshire Hathaway (NYSE:BRK.B) on 3/16/2026.
- Sold $1,001 – $15,000 in shares of AT&T (NYSE:T) on 3/16/2026.
- Sold $1,001 – $15,000 in shares of PayPal (NASDAQ:PYPL) on 3/16/2026.
- Sold $1,001 – $15,000 in shares of SPDR S&P 500 Buyback ETF (NYSEARCA:SPYB) on 3/16/2026.
Amazon.com Stock Down 0.4%
Shares of Amazon.com stock opened at $209.77 on Friday. The firm has a market cap of $2.25 trillion, a price-to-earnings ratio of 29.26, a P/E/G ratio of 1.58 and a beta of 1.38. The stock has a 50-day simple moving average of $214.29 and a 200-day simple moving average of $224.53. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $258.60. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.05 and a quick ratio of 0.88.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Fairway Wealth LLC increased its position in shares of Amazon.com by 113.2% during the third quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant’s stock valued at $25,000 after purchasing an additional 60 shares during the period. Sellwood Investment Partners LLC bought a new position in Amazon.com in the third quarter worth $27,000. MilWealth Group LLC boosted its stake in Amazon.com by 79.0% during the fourth quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant’s stock worth $41,000 after buying an additional 79 shares in the last quarter. Lifetime Wealth Management P.C. acquired a new stake in Amazon.com during the fourth quarter worth $45,000. Finally, Elkhorn Partners Limited Partnership increased its holdings in Amazon.com by 900.0% in the 4th quarter. Elkhorn Partners Limited Partnership now owns 200 shares of the e-commerce giant’s stock valued at $46,000 after buying an additional 180 shares during the period. Institutional investors own 72.20% of the company’s stock.
Insider Buying and Selling
In related news, CEO Andrew R. Jassy sold 19,872 shares of the company’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $205.18, for a total value of $4,077,336.96. Following the sale, the chief executive officer owned 2,238,118 shares of the company’s stock, valued at $459,217,051.24. The trade was a 0.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Douglas J. Herrington sold 6,835 shares of the stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $205.82, for a total transaction of $1,406,779.70. Following the completion of the transaction, the chief executive officer directly owned 522,361 shares of the company’s stock, valued at $107,512,341.02. This trade represents a 1.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 71,686 shares of company stock worth $14,688,739. Insiders own 9.70% of the company’s stock.
Amazon.com News Summary
Here are the key news stories impacting Amazon.com this week:
- Positive Sentiment: Reports that Amazon is in talks to acquire Globalstar for roughly $9 billion — a deal that would accelerate Project Kuiper and strengthen Amazon’s ability to compete with SpaceX’s Starlink — pushed momentum in related space stocks and supports a longer‑term connectivity growth narrative. Read More.
- Positive Sentiment: Wells Fargo nudged its price target slightly higher to $305 and reiterated an overweight view, highlighting AWS acceleration and improving free‑cash‑flow prospects — a modest vote of confidence from the Street. Read More.
- Neutral Sentiment: Market commentary continues to emphasize AWS as the core long‑term driver for AMZN (AI/cloud infrastructure exposure), keeping longer‑term investor conviction intact even as the stock digests short‑term noise. Read More.
- Negative Sentiment: Amazon told U.S. and Canadian third‑party sellers it will add a 3.5% “fuel and logistics” surcharge to fulfillment fees starting April 17 to offset higher transportation costs driven by the Iran war — a move that could squeeze seller economics, trigger higher prices for consumers, and create seller pushback that weighs on GMV. Read More.
- Negative Sentiment: The NLRB ruled Amazon must negotiate with a union representing ~5,000 Staten Island warehouse workers — a reminder that labor and unionization risks could increase operating costs and create local disruptions. Read More.
- Negative Sentiment: Reports that an Iranian strike damaged an AWS data center in Bahrain add geopolitical and operational risk for Amazon’s cloud business; investors may demand clarity on outages, redundancy and potential costs. Read More.
Analysts Set New Price Targets
A number of research firms recently issued reports on AMZN. DA Davidson reiterated a “neutral” rating and issued a $175.00 target price (down from $300.00) on shares of Amazon.com in a research note on Friday, February 6th. Citigroup boosted their target price on shares of Amazon.com from $265.00 to $285.00 and gave the stock a “buy” rating in a research report on Wednesday, March 25th. Cantor Fitzgerald set a $250.00 price target on Amazon.com and gave the company an “overweight” rating in a research report on Friday, February 6th. Wedbush dropped their price objective on Amazon.com from $340.00 to $300.00 and set an “outperform” rating on the stock in a research note on Friday, February 6th. Finally, Wall Street Zen cut Amazon.com from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. One analyst has rated the stock with a Strong Buy rating, fifty-three have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $286.59.
About Representative Alford
Mark Alford (Republican Party) is a member of the U.S. House, representing Missouri’s 4th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.
Alford (Republican Party) is running for re-election to the U.S. House to represent Missouri’s 4th Congressional District. He declared candidacy for the 2026 election.
Mark Alford graduated from Baytown Sterling High School in 1982. Alford’s career experience includes working as a team lead and realtor with ReeceNichols Real Estate and the team lead manager with VortexKC/Chartwell.
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.
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