Amazon.com (NASDAQ:AMZN) Shares Down 4.4% – Should You Sell?

Amazon.com, Inc. (NASDAQ:AMZN)’s stock price dropped 4.4% during trading on Tuesday . The company traded as low as $222.42 and last traded at $222.55. Approximately 60,171,047 shares changed hands during trading, an increase of 33% from the average daily volume of 45,213,348 shares. The stock had previously closed at $232.87.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on AMZN shares. Wedbush restated an “outperform” rating and issued a $340.00 price objective on shares of Amazon.com in a report on Monday, November 3rd. Wolfe Research upped their price target on Amazon.com from $265.00 to $270.00 in a research report on Tuesday, September 30th. Rothschild & Co Redburn reissued a “neutral” rating and issued a $250.00 price target on shares of Amazon.com in a research note on Tuesday. Oppenheimer raised their price objective on Amazon.com from $245.00 to $290.00 and gave the stock an “outperform” rating in a research report on Friday, October 31st. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Amazon.com in a report on Thursday. Two analysts have rated the stock with a Strong Buy rating, fifty-seven have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Amazon.com presently has an average rating of “Moderate Buy” and a consensus price target of $294.70.

Amazon.com Price Performance

The stock has a market capitalization of $2.38 trillion, a P/E ratio of 33.93, a PEG ratio of 1.52 and a beta of 1.29. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The business has a fifty day simple moving average of $228.64 and a 200-day simple moving average of $221.28.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, October 30th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.57 by $0.38. The company had revenue of $180.17 billion for the quarter, compared to the consensus estimate of $177.53 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. Amazon.com’s quarterly revenue was up 13.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.43 EPS. Amazon.com has set its Q4 2025 guidance at EPS. Sell-side analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, SVP David Zapolsky sold 13,570 shares of the business’s stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the completion of the sale, the senior vice president owned 44,110 shares in the company, valued at $9,825,943.60. The trade was a 23.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Jonathan Rubinstein sold 8,173 shares of the company’s stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $250.03, for a total value of $2,043,495.19. Following the transaction, the director directly owned 80,030 shares in the company, valued at $20,009,900.90. The trade was a 9.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 123,300 shares of company stock worth $28,294,038 over the last 90 days. 9.70% of the stock is owned by company insiders.

Institutional Trading of Amazon.com

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Fairway Wealth LLC raised its stake in shares of Amazon.com by 113.2% in the third quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant’s stock worth $25,000 after purchasing an additional 60 shares during the last quarter. Carderock Capital Management Inc. bought a new stake in Amazon.com during the second quarter worth $27,000. Sellwood Investment Partners LLC bought a new stake in Amazon.com during the third quarter worth $27,000. Cooksen Wealth LLC purchased a new stake in Amazon.com in the 1st quarter valued at $36,000. Finally, Maryland Capital Advisors Inc. lifted its stake in Amazon.com by 81.9% during the 2nd quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock valued at $46,000 after acquiring an additional 95 shares in the last quarter. Institutional investors own 72.20% of the company’s stock.

Amazon.com Company Profile

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.