Rep. Bruce Westerman Sells Off Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Posted by Stanley Muller on May 15th, 2025

Representative Bruce Westerman (R-Arkansas) recently sold shares of Amazon.com, Inc. (NASDAQ:AMZN). In a filing disclosed on May 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Amazon.com stock on April 21st. The trade occurred in the Representative’s “FISHER IRA” account.

Representative Bruce Westerman also recently made the following trade(s):

Sold $1,001 – $15,000 in shares of UniCredit (OTCMKTS:UNCRY) on 4/21/2025.
Sold $1,001 – $15,000 in shares of CSX (NASDAQ:CSX) on 4/21/2025.
Sold $1,001 – $15,000 in shares of Siemens Aktiengesellschaft (OTCMKTS:SIEGY) on 4/21/2025.
Sold $1,001 – $15,000 in shares of GSK (NYSE:GSK) on 4/21/2025.
Sold $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 4/21/2025.
Sold $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 4/21/2025.
Sold $1,001 – $15,000 in shares of Abbott Laboratories (NYSE:ABT) on 4/21/2025.
Sold $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 4/21/2025.
Sold $15,001 – $50,000 in shares of NVIDIA (NASDAQ:NVDA) on 4/21/2025.
Sold $1,001 – $15,000 in shares of Chevron (NYSE:CVX) on 4/21/2025.

Amazon.com Stock Performance

NASDAQ AMZN opened at $210.25 on Thursday. Amazon.com, Inc. has a twelve month low of $151.61 and a twelve month high of $242.52. The company has a quick ratio of 0.87, a current ratio of 1.06 and a debt-to-equity ratio of 0.18. The stock has a market cap of $2.23 trillion, a P/E ratio of 38.02, a PEG ratio of 1.50 and a beta of 1.30. The company’s 50-day simple moving average is $188.94 and its 200 day simple moving average is $208.28.

Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The e-commerce giant reported $1.59 earnings per share for the quarter, beating analysts’ consensus estimates of $1.38 by $0.21. Amazon.com had a return on equity of 24.25% and a net margin of 9.29%. The company had revenue of $155.67 billion for the quarter, compared to the consensus estimate of $154.96 billion. During the same period in the previous year, the business earned $0.98 earnings per share. The company’s quarterly revenue was up 8.6% on a year-over-year basis. As a group, research analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, VP Shelley Reynolds sold 8,833 shares of the stock in a transaction on Friday, February 21st. The shares were sold at an average price of $222.47, for a total transaction of $1,965,077.51. Following the completion of the transaction, the vice president now owns 119,780 shares in the company, valued at approximately $26,647,456.60. This represents a 6.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Douglas J. Herrington sold 2,500 shares of the firm’s stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $187.99, for a total transaction of $469,975.00. Following the completion of the transaction, the chief executive officer now directly owns 509,474 shares of the company’s stock, valued at approximately $95,776,017.26. This trade represents a 0.49% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 80,798 shares of company stock valued at $17,696,733. Company insiders own 9.70% of the company’s stock.

Institutional Trading of Amazon.com

Hedge funds have recently modified their holdings of the company. Norges Bank bought a new position in Amazon.com in the fourth quarter valued at approximately $27,266,582,000. Nuveen LLC bought a new stake in shares of Amazon.com during the first quarter worth $11,674,091,000. GAMMA Investing LLC raised its holdings in shares of Amazon.com by 21,420.5% during the first quarter. GAMMA Investing LLC now owns 30,245,061 shares of the e-commerce giant’s stock worth $5,754,425,000 after acquiring an additional 30,104,520 shares during the period. Capital World Investors lifted its position in Amazon.com by 36.8% in the 4th quarter. Capital World Investors now owns 65,709,496 shares of the e-commerce giant’s stock valued at $14,416,078,000 after acquiring an additional 17,681,004 shares in the last quarter. Finally, Vanguard Group Inc. boosted its stake in Amazon.com by 2.2% in the 4th quarter. Vanguard Group Inc. now owns 823,360,597 shares of the e-commerce giant’s stock worth $180,637,081,000 after purchasing an additional 17,635,391 shares during the period. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

AMZN has been the subject of several recent analyst reports. Mizuho dropped their price objective on Amazon.com from $285.00 to $255.00 and set an “outperform” rating for the company in a research note on Wednesday, April 9th. Stifel Nicolaus dropped their target price on shares of Amazon.com from $248.00 to $245.00 and set a “buy” rating for the company in a research report on Friday, May 2nd. Deutsche Bank Aktiengesellschaft cut their price target on shares of Amazon.com from $287.00 to $206.00 and set a “buy” rating for the company in a report on Monday, April 14th. Raymond James reaffirmed an “outperform” rating and set a $195.00 price objective (down from $275.00) on shares of Amazon.com in a research note on Monday, April 21st. Finally, Morgan Stanley dropped their price objective on shares of Amazon.com from $280.00 to $245.00 and set an “overweight” rating for the company in a report on Monday, April 14th. Four equities research analysts have rated the stock with a hold rating and forty-four have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $244.09.

Read Our Latest Stock Analysis on AMZN

About Representative Westerman

Bruce Westerman (Republican Party) is a member of the U.S. House, representing Arkansas’ 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Westerman (Republican Party) is running for re-election to the U.S. House to represent Arkansas’ 4th Congressional District. He declared candidacy for the 2026 election.

Westerman earned his BSBAGE in biological and agricultural engineering from the University of Arkansas in 1990 and his MF in forestry from Yale University in 2001. His professional experience includes working as a plant engineer for Riceland Foods and an engineer/forester for Mid-South Engineering Company.

About Amazon.com

(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.