Amazon.com (NASDAQ:AMZN) Stock Unloaded Rep. Greg Landsman

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 Down 0.7 %

AMZN traded down $1.45 during trading on Friday, hitting $199.25. 59,748,687 shares of the company’s stock were exchanged, compared to its average volume of 38,371,582. 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 business’s 50 day moving average is $224.11 and its two-hundred day moving average is $206.61. Amazon.com, Inc. has a fifty-two week low of $151.61 and a fifty-two week high of $242.52. The stock has a market cap of $2.11 trillion, a P/E ratio of 36.03, a PEG ratio of 1.50 and a beta of 1.19.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, February 6th. The e-commerce giant reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.52 by $0.34. Amazon.com had a net margin of 9.29% and a return on equity of 24.25%. As a group, equities analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Transactions at Amazon.com

In related news, VP Shelley Reynolds sold 8,833 shares of the stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $222.47, for a total value of $1,965,077.51. Following the completion of the transaction, the vice president now directly owns 119,780 shares in the company, valued at $26,647,456.60. This trade represents a 6.87 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Jonathan Rubinstein sold 4,351 shares of the stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $229.85, for a total transaction of $1,000,077.35. Following the completion of the transaction, the director now owns 88,203 shares of the company’s stock, valued at approximately $20,273,459.55. The trade was a 4.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 106,649 shares of company stock valued at $23,871,905. Company insiders own 10.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on AMZN shares. Scotiabank upped their price objective on shares of Amazon.com from $246.00 to $306.00 and gave the stock a “sector outperform” rating in a report on Friday, January 24th. Benchmark increased their target price on shares of Amazon.com from $215.00 to $265.00 and gave the company a “buy” rating in a report on Tuesday, February 4th. Wedbush reiterated an “outperform” rating and issued a $280.00 target price on shares of Amazon.com in a report on Friday, February 7th. The Goldman Sachs Group increased their target price on shares of Amazon.com from $240.00 to $255.00 and gave the company a “buy” rating in a report on Friday, February 7th. Finally, Telsey Advisory Group reiterated an “outperform” rating and issued a $275.00 target price on shares of Amazon.com in a report on Friday, February 7th. Two analysts have rated the stock with a hold rating, forty-two have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $260.65.

Hedge Funds Weigh In On Amazon.com

Hedge funds have recently bought and sold shares of the company. Castlekeep Investment Advisors LLC purchased a new stake in shares of Amazon.com in the 4th quarter worth about $25,000. Accordant Advisory Group Inc lifted its position in shares of Amazon.com by 400.0% in the 4th quarter. Accordant Advisory Group Inc now owns 125 shares of the e-commerce giant’s stock worth $27,000 after purchasing an additional 100 shares during the period. Prudent Man Investment Management Inc. purchased a new stake in shares of Amazon.com in the 4th quarter worth about $27,000. Icon Wealth Advisors LLC lifted its position in shares of Amazon.com by 20.5% in the 3rd quarter. Icon Wealth Advisors LLC now owns 150,661 shares of the e-commerce giant’s stock worth $28,000 after purchasing an additional 25,581 shares during the period. Finally, LSV Asset Management purchased a new stake in shares of Amazon.com in the 4th quarter worth about $35,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.

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.

About Amazon.com

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.