Representative Greg Landsman (D-Ohio) recently sold shares of Amazon.com, Inc. NASDAQ: AMZN. In a filing disclosed on March 05th, the Representative disclosed that they had sold between $1,001 and $15,000 in Amazon.com stock on February 26th. The trade occurred in the Representative's "ROCKEFELLER CAPITAL MANAGEMENT (1)" account.
Representative Greg Landsman also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 2/26/2025.
- Purchased $1,001 - $15,000 in shares of Ameriprise Financial NYSE: AMP on 2/26/2025.
- Sold $1,001 - $15,000 in shares of Parker-Hannifin NYSE: PH on 2/26/2025.
- Purchased $1,001 - $15,000 in shares of CrowdStrike NASDAQ: CRWD on 2/26/2025.
- Sold $1,001 - $15,000 in shares of Costco Wholesale NASDAQ: COST on 2/26/2025.
- Sold $15,001 - $50,000 in shares of Arista Investors OTCMKTS: ARINA on 2/20/2025.
- Purchased $15,001 - $50,000 in shares of Amazon.com NASDAQ: AMZN on 2/20/2025.
- Sold $1,001 - $15,000 in shares of BlackRock NYSE: BLK on 2/18/2025.
- Purchased $1,001 - $15,000 in shares of CrowdStrike NASDAQ: CRWD on 2/18/2025.
- Sold $1,001 - $15,000 in shares of United Rentals NYSE: URI on 12/19/2024.
Amazon.com Stock Up 1.1 %
Shares of NASDAQ:AMZN traded up $2.05 during trading on Tuesday, reaching $196.59. 52,138,736 shares of the stock traded hands, compared to its average volume of 38,932,543. The stock has a market cap of $2.08 trillion, a P/E ratio of 35.55, a price-to-earnings-growth ratio of 1.50 and a beta of 1.19. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.87 and a current ratio of 1.06. The stock has a 50-day moving average of $223.57 and a two-hundred day moving average of $207.12. Amazon.com, Inc. has a 52-week low of $151.61 and a 52-week high of $242.52.
Amazon.com (NASDAQ:AMZN - Get Free Report) last issued its earnings results on Thursday, February 6th. The e-commerce giant reported $1.86 EPS for the quarter, beating the consensus estimate of $1.52 by $0.34. Amazon.com had a return on equity of 24.25% and a net margin of 9.29%. As a group, sell-side analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other Amazon.com news, CEO Douglas J. Herrington sold 5,501 shares of the firm's stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $228.44, for a total value of $1,256,648.44. Following the completion of the transaction, the chief executive officer now owns 505,318 shares of the company's stock, valued at approximately $115,434,843.92. This trade represents a 1.08 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Andrew R. Jassy sold 20,784 shares of the business's stock in a transaction on Friday, February 21st. The shares were sold at an average price of $220.65, for a total transaction of $4,585,989.60. Following the sale, the chief executive officer now directly owns 2,118,886 shares in the company, valued at $467,532,195.90. This trade represents a 0.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 102,298 shares of company stock valued at $22,871,828. 10.80% of the stock is currently owned by corporate insiders.
Analyst Upgrades and Downgrades
A number of equities research analysts have commented on AMZN shares. Needham & Company LLC reiterated a "buy" rating and set a $250.00 target price on shares of Amazon.com in a research note on Friday, February 7th. Loop Capital boosted their price objective on Amazon.com from $275.00 to $285.00 and gave the company a "buy" rating in a research note on Wednesday, February 12th. Wedbush restated an "outperform" rating and set a $280.00 target price on shares of Amazon.com in a research note on Friday, February 7th. Piper Sandler reiterated an "overweight" rating and issued a $265.00 price target (up from $225.00) on shares of Amazon.com in a research report on Friday, February 7th. Finally, HSBC raised their price objective on shares of Amazon.com from $225.00 to $270.00 and gave the company a "buy" rating in a research report on Monday, January 13th. Two research analysts have rated the stock with a hold rating, forty-two have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $260.65.
Check Out Our Latest Research Report on AMZN
Hedge Funds Weigh In On Amazon.com
A number of hedge funds and other institutional investors have recently modified their holdings of AMZN. AMF Tjanstepension AB boosted its stake in Amazon.com by 44.3% in the third quarter. AMF Tjanstepension AB now owns 2,641,401 shares of the e-commerce giant's stock valued at $492,172,000 after acquiring an additional 811,425 shares in the last quarter. Marion Wealth Management grew its stake in Amazon.com by 3.5% during the 3rd quarter. Marion Wealth Management now owns 5,085 shares of the e-commerce giant's stock worth $947,000 after buying an additional 174 shares during the last quarter. Bridge Creek Capital Management LLC grew its stake in Amazon.com by 0.4% during the 3rd quarter. Bridge Creek Capital Management LLC now owns 35,379 shares of the e-commerce giant's stock worth $6,592,000 after buying an additional 145 shares during the last quarter. Clean Yield Group increased its position in Amazon.com by 11.2% during the 3rd quarter. Clean Yield Group now owns 2,173 shares of the e-commerce giant's stock valued at $405,000 after buying an additional 218 shares in the last quarter. Finally, Legacy Private Trust Co. raised its stake in Amazon.com by 3.6% in the third quarter. Legacy Private Trust Co. now owns 105,100 shares of the e-commerce giant's stock valued at $19,583,000 after buying an additional 3,614 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors.
About Representative Landsman
Greg Landsman (Democratic Party) is a member of the U.S. House, representing Ohio's 1st Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.
Landsman (Democratic Party) is running for re-election to the U.S. House to represent Ohio's 1st Congressional District. He declared candidacy for the 2026 election.
Greg Landsman was born in Cincinnati, Ohio, and lives in Mt. Washington, Ohio. Landsman earned a B.A. in economics and political science from Ohio University and an M.A. in theological studies, religion, and public policy from Harvard University in 2004. His career experience includes working as the executive director of The Strive Partnership with the KnowledgeWorks Foundation and the director of the Ohio Governor's Office of Faith-Based and Community Initiatives.
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.
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