Andrew Jassy Sells 31,000 Shares of Amazon.com (NASDAQ:AMZN) Stock

Amazon.com, Inc. (NASDAQ:AMZN) CEO Andrew Jassy sold 31,000 shares of Amazon.com stock in a transaction on Friday, April 17th. The stock was sold at an average price of $255.00, for a total transaction of $7,905,000.00. Following the completion of the transaction, the chief executive officer directly owned 2,207,118 shares in the company, valued at approximately $562,815,090. The trade was a 1.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Amazon.com Stock Up 2.2%

Shares of NASDAQ AMZN opened at $255.36 on Thursday. The company has a quick ratio of 0.88, a current ratio of 1.05 and a debt-to-equity ratio of 0.16. Amazon.com, Inc. has a 52 week low of $178.85 and a 52 week high of $258.60. The firm’s fifty day moving average is $216.43 and its 200 day moving average is $225.75. The company has a market cap of $2.75 trillion, a price-to-earnings ratio of 35.62, a PEG ratio of 1.87 and a beta of 1.38.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.97 by ($0.02). The company had revenue of $213.39 billion for the quarter, compared to analysts’ expectations of $211.02 billion. Amazon.com had a net margin of 10.83% and a return on equity of 21.87%. The firm’s revenue for the quarter was up 13.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.86 earnings per share. On average, equities research analysts expect that Amazon.com, Inc. will post 7.72 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Needham & Company LLC reissued a “buy” rating and set a $265.00 price objective on shares of Amazon.com in a research report on Tuesday, March 17th. Oppenheimer set a $260.00 price objective on shares of Amazon.com and gave the company an “outperform” rating in a research report on Friday, February 6th. Maxim Group boosted their price objective on shares of Amazon.com from $280.00 to $290.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Wells Fargo & Company boosted their price objective on shares of Amazon.com from $304.00 to $305.00 and gave the company an “overweight” rating in a research report on Thursday, April 2nd. Finally, Citigroup boosted their price objective on shares of Amazon.com from $265.00 to $285.00 and gave the company a “buy” rating in a research report on Wednesday, March 25th. One analyst has rated the stock with a Strong Buy rating, fifty-four have assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $288.66.

Institutional Trading of Amazon.com

Hedge funds have recently modified their holdings of the business. Fairway Wealth LLC boosted its stake in Amazon.com by 113.2% in the 3rd quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant’s stock worth $25,000 after purchasing an additional 60 shares in the last quarter. Sellwood Investment Partners LLC bought a new position in Amazon.com in the 3rd quarter worth about $27,000. MilWealth Group LLC boosted its stake in Amazon.com by 79.0% in 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 in the last quarter. Lifetime Wealth Management P.C. bought a new position in Amazon.com in the 4th quarter worth about $45,000. Finally, Elkhorn Partners Limited Partnership boosted its stake 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 worth $46,000 after purchasing an additional 180 shares in the last quarter. Institutional investors own 72.20% of the company’s stock.

Trending Headlines about Amazon.com

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

• Positive Sentiment: Big AI/AWS headline — Amazon agreed to deepen its Anthropic partnership (another $5B now; up to $25B possible) and Anthropic committed to more than $100B of AWS spend over the next decade, which materially lifts long‑term demand for AWS, Trainium chips and AI infrastructure. Investopedia: Amazon Anthropic deal
• Positive Sentiment: Analyst momentum — Multiple firms (KeyBanc, BofA, Cantor Fitzgerald and others) raised price targets and reiterated Buy/Overweight calls citing accelerating AWS/AI monetization and Amazon’s product roadmap, supporting near‑term upside into earnings. Blockonomi: KeyBanc price target
• Positive Sentiment: Healthcare expansion — Amazon launched a nationwide GLP‑1 weight‑loss program through One Medical and Amazon Pharmacy, which could create recurring prescription and pharmacy revenue, broaden services and pressure incumbents’ pricing. This diversification is viewed positively by investors. CNBC: Amazon GLP-1 program
• Neutral Sentiment: Insider activity — CEO Andy Jassy sold 31,000 shares under a pre‑arranged Rule 10b5‑1 plan (disclosed filing); size is small versus his holdings and consistent with routine diversification rather than a warning on fundamentals. SEC Form 4: Jassy sale
• Neutral Sentiment: Sustainability/ops note — Amazon will deploy 75 electric heavy‑duty trucks with Einride for U.S. freight routes; modest operational and ESG benefit but limited near‑term revenue impact. Reuters: Einride electric trucks
• Negative Sentiment: Antitrust/legal risk — California’s Attorney General released filings alleging Amazon pressured vendors to raise prices at rivals, renewing scrutiny that could lead to fines, remedies or operational constraints if cases advance. This raises regulatory uncertainty for retail operations. Reuters: California price‑fixing allegations
• Negative Sentiment: Profitability/capex concerns — Analysts praise revenue visibility from Anthropic but warn the huge AI investment cycle (chips, data centers, Trainium scale) increases capital and operating intensity and could pressure margins and free cash flow in the near term. Proactive Investors: AI capex and profitability debate

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.