Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Amazon.com, Inc. NASDAQ: AMZN. In a filing disclosed on January 27th, the Representative disclosed that they had bought between $1,001 and $15,000 in Amazon.com stock on January 21st.
Representative Marjorie Taylor Greene also recently made the following trade(s):
- Purchased $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 1/21/2025.
- Purchased $1,001 - $15,000 in shares of NextEra Energy NYSE: NEE on 1/21/2025.
- Purchased $1,001 - $15,000 in shares of Old Dominion Freight Line NASDAQ: ODFL on 1/21/2025.
- Purchased $1,001 - $15,000 in shares of Palo Alto Networks NASDAQ: PANW on 1/21/2025.
- Purchased $1,001 - $15,000 in shares of Eli Lilly and Company NYSE: LLY on 1/21/2025.
- Purchased $1,001 - $15,000 in shares of Devon Energy NYSE: DVN on 1/21/2025.
- Purchased $1,001 - $15,000 in shares of Advanced Micro Devices NASDAQ: AMD on 1/21/2025.
- Purchased $1,001 - $15,000 in shares of Kinder Morgan NYSE: KMI on 1/21/2025.
- Purchased $1,001 - $15,000 in shares of Norfolk Southern NYSE: NSC on 1/21/2025.
- Purchased $1,001 - $15,000 in shares of Cardinal Health NYSE: CAH on 1/21/2025.
Amazon.com Trading Up 1.3 %
Amazon.com stock traded up $3.04 during midday trading on Friday, reaching $237.68. The stock had a trading volume of 36,098,305 shares, compared to its average volume of 29,222,300. The company has a quick ratio of 0.87, a current ratio of 1.09 and a debt-to-equity ratio of 0.21. The firm has a market cap of $2.50 trillion, a price-to-earnings ratio of 50.90, a price-to-earnings-growth ratio of 1.35 and a beta of 1.14. Amazon.com, Inc. has a 52-week low of $151.61 and a 52-week high of $241.77. The company has a fifty day moving average of $223.83 and a 200 day moving average of $198.87.
Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its quarterly earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 earnings per share for the quarter, topping the consensus estimate of $1.14 by $0.29. Amazon.com had a return on equity of 22.41% and a net margin of 8.04%. The firm had revenue of $158.88 billion for the quarter, compared to the consensus estimate of $157.28 billion. During the same period in the prior year, the business posted $0.85 earnings per share. The company's revenue for the quarter was up 11.0% on a year-over-year basis. On average, analysts anticipate that Amazon.com, Inc. will post 5.3 earnings per share for the current fiscal year.
Insider Buying and Selling at Amazon.com
In other news, insider Jeffrey P. Bezos sold 2,996,362 shares of the firm's stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $208.85, for a total transaction of $625,790,203.70. Following the sale, the insider now owns 917,416,976 shares of the company's stock, valued at $191,602,535,437.60. This trade represents a 0.33 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Matthew S. Garman sold 15,260 shares of the business's stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $200.19, for a total transaction of $3,054,899.40. Following the completion of the transaction, the chief executive officer now owns 349,261 shares of the company's stock, valued at approximately $69,918,559.59. This represents a 4.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 6,027,340 shares of company stock worth $1,252,456,773. Insiders own 10.80% of the company's stock.
Institutional Investors Weigh In On Amazon.com
A number of large investors have recently bought and sold shares of the company. Joel Adams & Associates Inc. acquired a new stake in Amazon.com during the 4th quarter valued at approximately $296,000. Global Retirement Partners LLC raised its holdings in shares of Amazon.com by 19.5% during the fourth quarter. Global Retirement Partners LLC now owns 186,676 shares of the e-commerce giant's stock worth $40,955,000 after purchasing an additional 30,509 shares during the last quarter. Semus Wealth Partners LLC lifted its position in Amazon.com by 5.1% during the fourth quarter. Semus Wealth Partners LLC now owns 18,842 shares of the e-commerce giant's stock valued at $4,134,000 after purchasing an additional 922 shares during the period. Convergence Investment Partners LLC boosted its holdings in Amazon.com by 39.4% in the fourth quarter. Convergence Investment Partners LLC now owns 51,757 shares of the e-commerce giant's stock valued at $11,355,000 after purchasing an additional 14,633 shares during the last quarter. Finally, Atlas Legacy Advisors LLC acquired a new stake in Amazon.com during the 4th quarter worth about $3,330,000. Hedge funds and other institutional investors own 72.20% of the company's stock.
Analyst Upgrades and Downgrades
A number of research firms have weighed in on AMZN. The Goldman Sachs Group increased their target price on Amazon.com from $230.00 to $240.00 and gave the stock a "buy" rating in a research note on Friday, November 1st. BMO Capital Markets reiterated an "outperform" rating and set a $236.00 price objective on shares of Amazon.com in a report on Tuesday, December 3rd. Sanford C. Bernstein upped their target price on shares of Amazon.com from $235.00 to $265.00 and gave the stock an "outperform" rating in a research note on Wednesday, December 18th. Evercore ISI lifted their price target on shares of Amazon.com from $240.00 to $260.00 and gave the company an "outperform" rating in a research note on Friday, November 1st. Finally, Scotiabank increased their price objective on Amazon.com from $246.00 to $306.00 and gave the stock a "sector outperform" rating in a research note on Friday, January 24th. Two analysts have rated the stock with a hold rating, forty-two have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $250.33.
View Our Latest Analysis on Amazon.com
About Representative Greene
Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia's 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.
Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia's 14th Congressional District. She declared candidacy for the 2026 election.
Amazon.com Company Profile
(
Get Free Report)
Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.
Further Reading
Before you consider Amazon.com, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Amazon.com wasn't on the list.
While Amazon.com currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for February 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
