Amazon.com (NASDAQ:AMZN) Trading Down 1.3% – Here’s Why
by Mitch Edgeman · The Markets DailyShares of Amazon.com, Inc. (NASDAQ:AMZN) fell 1.3% on Tuesday . The stock traded as low as $253.78 and last traded at $254.98. 41,076,031 shares traded hands during trading, a decline of 13% from the average session volume of 47,349,695 shares. The stock had previously closed at $258.45.
More Amazon.com News
Here are the key news stories impacting Amazon.com this week:
- Positive Sentiment: Amazon signed a supply agreement worth up to $8 billion with Generac for backup power generators, including $2.4 billion of expected orders in 2027–2028. The deal supports AWS data-center expansion and highlights strong demand for AI infrastructure. Amazon’s Generac deal
- Positive Sentiment: Amazon plans to invest another $1.9 billion in its Delivery Service Partner program in 2027, funding higher driver pay, safety improvements and AI-powered tools such as Smart Delivery Glasses. The company says serious crashes have declined more than 23%, while improved routing and delivery efficiency could support long-term operating performance. Amazon delivery investment
- Positive Sentiment: UBS identified Amazon as a potential beneficiary of the ongoing AI infrastructure spending cycle and cited possible upside as AWS demand expands. UBS Amazon outlook
Analyst Upgrades and Downgrades
AMZN has been the topic of several research reports. Sanford C. Bernstein reissued an “outperform” rating and set a $320.00 target price (up from $315.00) on shares of Amazon.com in a research note on Friday, July 31st. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $325.00 price objective (up from $315.00) on shares of Amazon.com in a report on Friday, July 31st. UBS Group set a $200.00 price target on shares of Amazon.com in a research note on Thursday. Wolfe Research reaffirmed an “outperform” rating and set a $315.00 price target on shares of Amazon.com in a research report on Friday, July 31st. Finally, Citigroup reissued a “market outperform” rating on shares of Amazon.com in a report on Friday, August 14th. Fifty-six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, Amazon.com currently has an average rating of “Moderate Buy” and an average target price of $321.19.
Read Our Latest Stock Report on Amazon.com
Amazon.com Stock Performance
The company has a market capitalization of $2.75 trillion, a PE ratio of 20.51, a P/E/G ratio of 1.97 and a beta of 1.44. The stock has a 50-day simple moving average of $256.32 and a 200 day simple moving average of $246.21. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.03 and a quick ratio of 0.87.
Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 EPS for the quarter, beating analysts’ consensus estimates of $1.82 by $3.93. The firm had revenue of $200.61 billion for the quarter, compared to analysts’ expectations of $197.03 billion. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%.Amazon.com’s quarterly revenue was up 19.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.68 EPS. Equities analysts anticipate that Amazon.com, Inc. will post 8.01 EPS for the current fiscal year.
Insider Activity
In related news, CFO Brian T. Olsavsky sold 6,172 shares of the stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $260.31, for a total transaction of $1,606,633.32. Following the completion of the sale, the chief financial officer owned 109,207 shares of the company’s stock, valued at approximately $28,427,674.17. This represents a 5.35% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew R. Jassy sold 20,000 shares of the stock in a transaction on Friday, August 21st. The stock was sold at an average price of $259.01, for a total transaction of $5,180,200.00. Following the completion of the sale, the chief executive officer directly owned 2,235,766 shares of the company’s stock, valued at $579,085,751.66. The trade was a 0.89% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 71,589 shares of company stock valued at $18,568,785 in the last ninety days. 8.90% of the stock is owned by company insiders.
Institutional Investors Weigh In On Amazon.com
Several hedge funds and other institutional investors have recently added to or reduced their stakes in AMZN. Red Crane Wealth Management LLC raised its holdings in Amazon.com by 2.3% in the first quarter. Red Crane Wealth Management LLC now owns 1,663 shares of the e-commerce giant’s stock worth $346,000 after buying an additional 38 shares during the last quarter. Robinson Smith Wealth Advisors LLC grew its stake in shares of Amazon.com by 0.7% in the first quarter. Robinson Smith Wealth Advisors LLC now owns 5,509 shares of the e-commerce giant’s stock worth $1,147,000 after acquiring an additional 40 shares during the period. Sfam LLC raised its holdings in shares of Amazon.com by 3.4% during the first quarter. Sfam LLC now owns 1,224 shares of the e-commerce giant’s stock valued at $255,000 after purchasing an additional 40 shares during the last quarter. Measured Risk Portfolios Inc. lifted its position in Amazon.com by 3.4% during the first quarter. Measured Risk Portfolios Inc. now owns 1,206 shares of the e-commerce giant’s stock valued at $251,000 after purchasing an additional 40 shares during the period. Finally, CoreFirst Bank & Trust boosted its holdings in Amazon.com by 1.1% in the first quarter. CoreFirst Bank & Trust now owns 3,620 shares of the e-commerce giant’s stock worth $754,000 after purchasing an additional 40 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.
About Amazon.com
Amazon.com, Inc is a global technology and e-commerce company that operates online marketplaces and provides a broad range of consumer products and services. Its retail business sells merchandise directly to customers and enables third-party sellers to offer products through Amazon’s websites and applications. The company also operates physical stores and provides services such as digital content, subscriptions, and consumer devices, including Kindle and Echo products.
Amazon Web Services (AWS) provides cloud computing, storage, database, analytics, artificial intelligence, machine learning, and other technology services to businesses, governments, and organizations.