Insider Selling: Amazon.com, Inc. (NASDAQ:AMZN) CEO Sells 500 Shares of Stock

Amazon.com, Inc. (NASDAQ:AMZN) CEO Adam Selipsky sold 500 shares of Amazon.com stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $155.72, for a total transaction of $77,860.00. Following the transaction, the chief executive officer now owns 116,560 shares in the company, valued at approximately $18,150,723.20. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Adam Selipsky also recently made the following trade(s):

  • On Thursday, January 18th, Adam Selipsky sold 500 shares of Amazon.com stock. The shares were sold at an average price of $152.78, for a total transaction of $76,390.00.
  • On Thursday, January 4th, Adam Selipsky sold 500 shares of Amazon.com stock. The shares were sold at an average price of $145.63, for a total transaction of $72,815.00.
  • On Thursday, December 21st, Adam Selipsky sold 500 shares of Amazon.com stock. The stock was sold at an average price of $153.20, for a total transaction of $76,600.00.
  • On Wednesday, December 6th, Adam Selipsky sold 500 shares of Amazon.com stock. The stock was sold at an average price of $147.76, for a total transaction of $73,880.00.
  • On Wednesday, November 15th, Adam Selipsky sold 10,756 shares of Amazon.com stock. The stock was sold at an average price of $144.60, for a total transaction of $1,555,317.60.

Amazon.com Price Performance

AMZN stock traded down $1.50 on Monday, hitting $170.31. 55,010,855 shares of the company’s stock traded hands, compared to its average volume of 50,114,379. Amazon.com, Inc. has a 1-year low of $88.12 and a 1-year high of $172.50. The stock has a fifty day moving average of $152.01 and a 200-day moving average of $140.83. The company has a current ratio of 1.05, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. The stock has a market cap of $1.76 trillion, a price-to-earnings ratio of 59.24, a P/E/G ratio of 1.62 and a beta of 1.14.

Amazon.com (NASDAQ:AMZNGet Free Report) last released its quarterly earnings results on Thursday, February 1st. The e-commerce giant reported $1.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.81 by $0.19. Amazon.com had a net margin of 5.29% and a return on equity of 16.61%. The business had revenue of $169.96 billion for the quarter, compared to analyst estimates of $165.96 billion. During the same quarter in the previous year, the business earned $0.21 earnings per share. The firm’s revenue was up 13.9% compared to the same quarter last year. On average, analysts forecast that Amazon.com, Inc. will post 3.72 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on AMZN shares. Susquehanna boosted their target price on shares of Amazon.com from $185.00 to $220.00 and gave the stock a “positive” rating in a research report on Friday. Truist Financial boosted their price objective on shares of Amazon.com from $180.00 to $195.00 and gave the company a “buy” rating in a research report on Friday. Oppenheimer boosted their price objective on shares of Amazon.com from $200.00 to $210.00 and gave the company an “outperform” rating in a research report on Friday. Telsey Advisory Group boosted their price objective on shares of Amazon.com from $185.00 to $200.00 and gave the company an “outperform” rating in a research report on Friday. Finally, Monness Crespi & Hardt boosted their price objective on shares of Amazon.com from $170.00 to $215.00 and gave the company a “buy” rating in a research report on Friday. One research analyst has rated the stock with a hold rating, forty-three have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Amazon.com presently has a consensus rating of “Buy” and an average price target of $197.95.

Read Our Latest Report on Amazon.com

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Mayflower Financial Advisors LLC grew its position in Amazon.com by 0.3% in the third quarter. Mayflower Financial Advisors LLC now owns 194,762 shares of the e-commerce giant’s stock worth $25,000 after acquiring an additional 572 shares in the last quarter. PayPay Securities Corp grew its position in Amazon.com by 54.3% in the third quarter. PayPay Securities Corp now owns 267 shares of the e-commerce giant’s stock worth $34,000 after acquiring an additional 94 shares in the last quarter. Laurel Wealth Planning LLC grew its position in Amazon.com by 1,900.0% in the second quarter. Laurel Wealth Planning LLC now owns 320 shares of the e-commerce giant’s stock worth $34,000 after acquiring an additional 304 shares in the last quarter. Sanctuary Wealth Management L.L.C. bought a new stake in Amazon.com in the fourth quarter worth approximately $37,000. Finally, Swaine & Leidel Wealth Services LLC bought a new stake in Amazon.com in the first quarter worth approximately $38,000. Institutional investors and hedge funds own 57.96% of the company’s stock.

About Amazon.com

(Get Free Report)

Amazon.com, Inc engages in the retail sale of consumer products and subscriptions through online and physical stores in North America and internationally. It operates through three segments: North America, International, and Amazon Web Services (AWS). The company's products offered through its stores include merchandise and content purchased for resale; and products offered by third-party sellers.

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Insider Buying and Selling by Quarter for Amazon.com (NASDAQ:AMZN)

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