Amazon.com, Inc.

(NASDAQ Global Select)
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Bullish +55

Amazon.com, Inc. $AMZN Shares Sold by Lee Johnson Capital Management LLC

AI-generated analysis

πŸ“‰ Lee Johnson Capital Management LLC reduced its Amazon holdings by 82.7% in Q1, selling 23,627 shares to retain a position of 4,933 shares worth $1.027 million.

πŸ“ˆ Smaller institutional investors like MilWealth Group LLC and Elkhorn Partners Limited Partnership increased their stakes by 79% and 900% respectively in the fourth quarter.

πŸ’Ό SVP David Zapolsky sold 9,270 shares for $2.49 million on May 22nd under a pre-arranged Rule 10b5-1 trading plan.

πŸ“‰ VP Shelley Reynolds sold 2,363 shares for $620,004 on May 21st, reducing her direct ownership by 1.93%.

πŸ’° Corporate insiders have collectively sold 195,774 shares valued at $51.6 million over the last 90 days.

πŸ“Š Goldman Sachs reiterated a buy rating and raised its price target for AMZN to $325.00 from $275.00.

🎯 Arete Research increased its price target to $310.00 while maintaining a buy rating on the stock.

πŸ“ˆ The consensus analyst price target is $312.78 based on ratings from 60 analysts, with 57 recommending a buy.

πŸ’΅ Amazon trades at a P/E ratio of 27.15 with a market cap of $2.44 trillion and a beta of 1.44.

🏦 The company maintains a low debt-to-equity ratio of 0.27 and a current ratio of 1.18 indicating strong liquidity.

Bullish Signals
  • Goldman Sachs raised its price target for Amazon to $325.00, up from $275.00, while reiterating a buy rating.
  • Arete Research increased its price target to $310.00 and maintained a buy rating on the stock.
  • BMO Capital Markets boosted its price objective to $315.00 with an outperform rating.
  • Citigroup reissued a market outperform rating on Amazon shares.
  • The consensus analyst price target is $312.78, indicating strong institutional support for the stock's valuation.
  • Amazon maintains a robust balance sheet with a debt-to-equity ratio of 0.27 and a current ratio of 1.18.
Risk Factors
  • Lee Johnson Capital Management LLC significantly reduced its position by 82.7% in the first quarter, selling over 23,000 shares.
  • Corporate insiders have sold a total of 195,774 shares valued at $51.6 million over the last 90 days.
Full Analysis
Lee Johnson Capital Management LLC significantly reduced its position in Amazon (AMZN) by 82.7% during the first quarter, selling 23,627 shares and retaining a stake of 4,933 shares valued at $1.027 million. Conversely, several smaller institutional investors including MilWealth Group LLC, Elkhorn Partners Limited Partnership, and Bridge Generations Wealth Management LLC increased their holdings in the fourth quarter, though these positions remain relatively small compared to Lee Johnson's previous stake. Corporate insider activity shows continued selling pressure as SVP David Zapolsky sold 9,270 shares and VP Shelley Reynolds sold 2,363 shares in late May transactions executed under pre-arranged Rule 10b5-1 plans. Over the last 90 days, corporate insiders have collectively sold 195,774 shares valued at approximately $51.6 million, representing a net reduction in their direct ownership of the company's stock. Analyst sentiment remains broadly positive with major firms like Goldman Sachs and Arete Research raising price targets to between $301 and $325 while maintaining buy or outperform ratings. The consensus price target stands at $312.78 based on data from 60 analysts, suggesting a moderate buy outlook despite the recent institutional selling by Lee Johnson Capital Management LLC. Amazon.com, Inc. continues to operate as a diversified technology and retail giant with a market capitalization of $2.44 trillion and a P/E ratio of 27.15. Key financial metrics include a debt-to-equity ratio of 0.27 and a current ratio of 1.18, reflecting a strong balance sheet that supports its diverse business segments including e-commerce, AWS cloud computing, and digital media services.