Douglas Herrington Sells 1,000 Shares of Amazon.com (NASDAQ:AMZN) Stock

Posted by Stanley Muller on Jul 4th, 2026

Amazon.com, Inc. (NASDAQ:AMZN) CEO Douglas Herrington sold 1,000 shares of the business’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $239.77, for a total transaction of $239,770.00. Following the completion of the sale, the chief executive officer owned 484,527 shares of the company’s stock, valued at $116,175,038.79. The trade was a 0.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Amazon.com Price Performance

NASDAQ AMZN opened at $242.67 on Friday. Amazon.com, Inc. has a 1 year low of $196.00 and a 1 year high of $278.56. The company has a fifty day simple moving average of $254.57 and a 200 day simple moving average of $234.57. The company has a current ratio of 1.18, a quick ratio of 1.01 and a debt-to-equity ratio of 0.27. The company has a market cap of $2.61 trillion, a P/E ratio of 29.03, a P/E/G ratio of 1.81 and a beta of 1.46.

Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 EPS for the quarter, topping the consensus estimate of $1.63 by $1.15. The firm had revenue of $181.52 billion for the quarter, compared to the consensus estimate of $177.28 billion. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. The business’s quarterly revenue was up 16.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.59 EPS. On average, sell-side analysts predict that Amazon.com, Inc. will post 7.75 EPS for the current year.

Institutional Investors Weigh In On Amazon.com

Several hedge funds have recently made changes to their positions in the stock. Compagnie Lombard Odier SCmA acquired a new position in shares of Amazon.com in the 3rd quarter valued at $451,642,000. Narwhal Capital Management raised its stake in Amazon.com by 2.3% during the 4th quarter. Narwhal Capital Management now owns 216,606 shares of the e-commerce giant’s stock worth $49,997,000 after buying an additional 4,854 shares during the period. Arrowstreet Capital Limited Partnership lifted its holdings in Amazon.com by 21.0% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 24,653,228 shares of the e-commerce giant’s stock worth $5,690,463,000 after acquiring an additional 4,275,942 shares in the last quarter. Weaver Capital Management LLC lifted its holdings in Amazon.com by 13.6% during the fourth quarter. Weaver Capital Management LLC now owns 39,264 shares of the e-commerce giant’s stock worth $9,063,000 after acquiring an additional 4,713 shares in the last quarter. Finally, Ethos Financial Group LLC grew its stake in Amazon.com by 9.6% in the fourth quarter. Ethos Financial Group LLC now owns 36,485 shares of the e-commerce giant’s stock valued at $8,421,000 after acquiring an additional 3,196 shares during the period. Institutional investors own 72.20% of the company’s stock.

More Amazon.com News

Here are the key news stories impacting Amazon.com this week:

Positive Sentiment: Amazon said its Leo satellite network has enough satellites to begin initial broadband service this year, opening a new growth opportunity in satellite internet. Reuters: Amazon to start initial Leo internet service this year as network nears 400 satellites
Positive Sentiment: Amazon is expanding its AI strategy with custom device chips and broader AWS AI capabilities, which could support future margins and growth. CNBC: Amazon is designing its own AI chips for Echo, Fire TV and future devices
Positive Sentiment: Prime Day-related reports pointed to strong online shopping demand, reinforcing confidence in Amazon’s retail momentum heading into earnings. Yahoo Finance/Reuters: Online Spending Rises 5.3% on First Day of Amazon’s Prime Day

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. DA Davidson lifted their price objective on Amazon.com from $175.00 to $250.00 and gave the stock a “neutral” rating in a research note on Thursday, April 30th. Truist Financial increased their target price on Amazon.com from $310.00 to $320.00 and gave the company a “buy” rating in a research note on Friday, May 29th. HSBC raised their target price on Amazon.com from $280.00 to $310.00 and gave the company a “buy” rating in a report on Thursday, April 30th. China Renaissance lifted their price target on Amazon.com from $300.00 to $326.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Finally, Evercore upped their price target on Amazon.com from $285.00 to $315.00 and gave the stock an “outperform” rating in a report on Thursday, April 30th. Fifty-seven equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Amazon.com currently has an average rating of “Moderate Buy” and a consensus price target of $312.79.

View Our Latest Stock Analysis on AMZN

About Amazon.com

(Get Free Report)

Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.

Key businesses and offerings include Amazon’s online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.