Amazon.com (NASDAQ:AMZN) Stock Price Down 1.3% After Analyst Downgrade

Amazon.com, Inc. (NASDAQ:AMZN) shares were down 1.3% during trading on Wednesday after Daiwa Securities Group lowered their price target on the stock from $300.00 to $280.00. Daiwa Securities Group currently has a buy rating on the stock. Amazon.com traded as low as $202.49 and last traded at $204.2450. Approximately 65,216,221 shares changed hands during mid-day trading, an increase of 22% from the average daily volume of 53,250,180 shares. The stock had previously closed at $206.96.

A number of other research analysts have also weighed in on AMZN. President Capital reduced their price objective on Amazon.com from $320.00 to $296.00 and set a “buy” rating for the company in a research report on Tuesday. Roth Mkm reissued a “buy” rating and issued a $295.00 target price (up from $270.00) on shares of Amazon.com in a research note on Monday, January 26th. UBS Group set a $311.00 price target on Amazon.com in a report on Tuesday, February 3rd. Morgan Stanley reiterated an “overweight” rating and issued a $300.00 price target (down previously from $315.00) on shares of Amazon.com in a research note on Friday, February 6th. Finally, Zacks Research downgraded shares of Amazon.com from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 1st. One equities research analyst has rated the stock with a Strong Buy rating, fifty-four have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, Amazon.com currently has a consensus rating of “Moderate Buy” and an average price target of $288.60.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Andrew R. Jassy sold 19,872 shares of the company’s stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $216.94, for a total value of $4,311,031.68. Following the completion of the sale, the chief executive officer owned 2,208,310 shares in the company, valued at $479,070,771.40. This represents a 0.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $233.22, for a total value of $583,050.00. Following the transaction, the chief executive officer directly owned 505,934 shares in the company, valued at approximately $117,993,927.48. The trade was a 0.49% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 47,061 shares of company stock valued at $10,351,262 in the last ninety days. 9.70% of the stock is currently owned by company insiders.

More Amazon.com News

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

• Positive Sentiment: Strategic stake in Beta Technologies validates logistics/green‑aviation long game — Amazon disclosed a meaningful position in BETA, signaling a potential long‑term partner for middle‑mile cargo and sustainability initiatives; this supports growth optionality beyond retail and cloud. Amazon Bets Big on BETA
• Positive Sentiment: Amazon Pharmacy expands same‑day prescriptions to ~4,500 U.S. cities — execution on health/recurring revenue initiatives that can improve gross margins and customer retention over time. Amazon Pharmacy Expansion
• Positive Sentiment: AWS momentum and cloud demand remain bright — coverage notes continued AWS strength supporting Amazon’s long‑term AI/cloud strategy, which underpins revenue and margin leverage once capex cycles roll into services. AWS Momentum Article
• Positive Sentiment: AWS CEO pushes back on AI panic — Matt Garman said fears around software/AI overspending are “overblown,” attempting to calm investor sentiment and frame capex as strategic investment. Garman Interview
• Neutral Sentiment: Mixed analyst moves — price‑target changes from firms (Arete raised modestly; Daiwa trimmed its target but kept a buy) show divergent views on valuation vs. long‑term upside. Analyst PT Changes
• Negative Sentiment: Market selling over $200B AI capex plan — the big capex announcement has spooked investors, triggering heavy rotation out of Big Tech and pressure on free cash flow expectations. AI CapEx Selloff Analysis
• Negative Sentiment: “Bear market” coverage and wider Magnificent Seven sell‑off amplify risk sentiment — headlines framing AMZN’s drop as part of a larger Big Tech unwind add to momentum‑driven downside. Bear Market Coverage
• Negative Sentiment: PR and privacy backlash — Ring terminated a partnership with Flock Safety after criticism stemming from a Super Bowl ad, a near‑term reputational headwind for Ring and consumer trust. Ring/Flock Partnership Cancellation
• Negative Sentiment: Regulatory/legal risk in Europe — Italian tax police conducted searches in Milan in a new tax probe, introducing another regulatory overhang to monitor. Italy Tax Probe

Institutional Trading of Amazon.com

Institutional investors and hedge funds have recently modified their holdings of the company. CI Investments Inc. boosted its holdings in Amazon.com by 4.0% in the 4th quarter. CI Investments Inc. now owns 4,687,926 shares of the e-commerce giant’s stock worth $1,082,068,000 after buying an additional 182,099 shares during the period. Laurel Oak Wealth Management LLC purchased a new position in shares of Amazon.com in the fourth quarter valued at about $17,844,000. Fiduciary Group LLC boosted its stake in shares of Amazon.com by 1.4% in the fourth quarter. Fiduciary Group LLC now owns 106,503 shares of the e-commerce giant’s stock worth $24,583,000 after acquiring an additional 1,501 shares during the period. Advocate Investing Services LLC purchased a new stake in shares of Amazon.com during the fourth quarter worth about $813,000. Finally, Hamilton Point Investment Advisors LLC raised its stake in Amazon.com by 9.8% during the 4th quarter. Hamilton Point Investment Advisors LLC now owns 4,872 shares of the e-commerce giant’s stock valued at $1,125,000 after purchasing an additional 433 shares during the period. 72.20% of the stock is currently owned by institutional investors.

Amazon.com Price Performance

The firm has a 50 day moving average of $231.30 and a 200-day moving average of $229.08. The company has a current ratio of 1.05, a quick ratio of 0.88 and a debt-to-equity ratio of 0.16. The company has a market cap of $2.14 trillion, a P/E ratio of 27.84, a P/E/G ratio of 1.32 and a beta of 1.37.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.97 by ($0.02). The company had revenue of $213.39 billion for the quarter, compared to analysts’ expectations of $211.02 billion. Amazon.com had a net margin of 10.83% and a return on equity of 21.87%. The company’s quarterly revenue was up 13.6% compared to the same quarter last year. During the same period last year, the business earned $1.86 earnings per share. On average, equities research analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

Amazon.com Company Profile

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.