Insider Selling: Amazon.com, Inc. (AMZN) CEO Sells 16,964 Shares of Stock

Amazon.com, Inc. (NASDAQ:AMZN) CEO Jeffrey P. Bezos sold 16,964 shares of the stock in a transaction on Monday, October 29th. The shares were sold at an average price of $1,632.23, for a total value of $27,689,149.72. Following the completion of the transaction, the chief executive officer now directly owns 78,884,539 shares of the company’s stock, valued at $128,757,711,091.97. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Shares of NASDAQ AMZN traded up $67.59 during mid-day trading on Wednesday, reaching $1,598.01. 8,833,134 shares of the company’s stock were exchanged, compared to its average volume of 5,326,589. The stock has a market cap of $803.28 billion, a PE ratio of 351.21, a P/E/G ratio of 3.20 and a beta of 1.58. The company has a current ratio of 1.08, a quick ratio of 0.80 and a debt-to-equity ratio of 0.63. Amazon.com, Inc. has a 52-week low of $1,086.87 and a 52-week high of $2,050.50.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, October 25th. The e-commerce giant reported $5.75 earnings per share for the quarter, topping analysts’ consensus estimates of $3.29 by $2.46. The business had revenue of $56.58 billion during the quarter, compared to analysts’ expectations of $57.05 billion. Amazon.com had a return on equity of 24.35% and a net margin of 4.03%. Research analysts predict that Amazon.com, Inc. will post 18.68 EPS for the current year.



A number of institutional investors have recently made changes to their positions in the stock. Boys Arnold & Co. Inc. boosted its holdings in Amazon.com by 16.0% during the 3rd quarter. Boys Arnold & Co. Inc. now owns 1,203 shares of the e-commerce giant’s stock valued at $2,411,000 after acquiring an additional 166 shares during the period. Private Capital Group LLC boosted its holdings in Amazon.com by 1.6% during the 3rd quarter. Private Capital Group LLC now owns 2,072 shares of the e-commerce giant’s stock valued at $4,150,000 after acquiring an additional 32 shares during the period. Greatmark Investment Partners Inc. purchased a new position in Amazon.com during the 3rd quarter valued at about $683,000. Cypress Capital Management LLC WY boosted its holdings in Amazon.com by 31.2% during the 3rd quarter. Cypress Capital Management LLC WY now owns 643 shares of the e-commerce giant’s stock valued at $1,288,000 after acquiring an additional 153 shares during the period. Finally, Moody National Bank Trust Division boosted its holdings in Amazon.com by 860.7% during the 3rd quarter. Moody National Bank Trust Division now owns 30,444 shares of the e-commerce giant’s stock valued at $60,980,000 after acquiring an additional 27,275 shares during the period. Institutional investors own 56.73% of the company’s stock.

Several research analysts recently commented on AMZN shares. BidaskClub downgraded Amazon.com from a “hold” rating to a “sell” rating in a research note on Wednesday. Morgan Stanley restated a “buy” rating on shares of Amazon.com in a report on Tuesday, July 17th. Morningstar restated a “buy” rating on shares of Amazon.com in a report on Thursday, October 11th. Barclays restated a “buy” rating and issued a $1,870.00 target price on shares of Amazon.com in a report on Friday, July 27th. Finally, Jefferies Financial Group restated a “buy” rating on shares of Amazon.com in a report on Monday, October 1st. One analyst has rated the stock with a sell rating, three have assigned a hold rating and forty-six have issued a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $2,091.53.

Amazon.com Company Profile

Amazon.com, Inc engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS) segments. It sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through physical stores and retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk.

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

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