Amazon.com (NASDAQ:AMZN) Shares Acquired Rep. Greg Landsman

Representative Greg Landsman (D-Ohio) recently bought shares of Amazon.com, Inc. (NASDAQ:AMZN). In a filing disclosed on March 05th, the Representative disclosed that they had bought between $15,001 and $50,000 in Amazon.com stock on February 20th. 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.
• Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) 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.
• 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 Trading Down 0.7 %

AMZN stock opened at $199.25 on Friday. Amazon.com, Inc. has a 1-year low of $151.61 and a 1-year high of $242.52. The firm has a market cap of $2.11 trillion, a P/E ratio of 36.03, a P/E/G ratio of 1.50 and a beta of 1.19. The business’s 50 day moving average is $224.11 and its 200-day moving average is $206.61. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18.

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

Hedge Funds Weigh In On Amazon.com

Large investors have recently added to or reduced their stakes in the company. Castlekeep Investment Advisors LLC bought a new position in shares of Amazon.com in the 4th quarter valued at about $25,000. Accordant Advisory Group Inc grew its holdings 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 valued at $27,000 after acquiring an additional 100 shares in the last quarter. Prudent Man Investment Management Inc. bought a new position in shares of Amazon.com in the 4th quarter valued at about $27,000. Icon Wealth Advisors LLC grew its holdings 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 valued at $28,000 after acquiring an additional 25,581 shares in the last quarter. Finally, LSV Asset Management bought a new position in shares of Amazon.com in the 4th quarter valued at about $35,000. Institutional investors own 72.20% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on AMZN. DA Davidson upped their price objective on Amazon.com from $235.00 to $280.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Wedbush reaffirmed an “outperform” rating and set a $280.00 price objective on shares of Amazon.com in a report on Friday, February 7th. Jefferies Financial Group upped their price objective on Amazon.com from $235.00 to $275.00 and gave the stock a “buy” rating in a report on Monday, December 16th. Needham & Company LLC reaffirmed a “buy” rating and set a $250.00 price objective on shares of Amazon.com in a report on Friday, February 7th. Finally, Sanford C. Bernstein upped their price objective on Amazon.com from $235.00 to $265.00 and gave the stock an “outperform” rating in a report on Wednesday, December 18th. Two research 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 company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $260.65.

Insider Activity

In related news, Director Jonathan Rubinstein sold 4,351 shares of the firm’s stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $229.85, for a total value of $1,000,077.35. Following the completion of the sale, the director now directly owns 88,203 shares in the company, valued at approximately $20,273,459.55. This trade represents a 4.70 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Douglas J. Herrington sold 27,500 shares of the firm’s stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $230.27, for a total transaction of $6,332,425.00. Following the completion of the sale, the chief executive officer now owns 497,067 shares of the company’s stock, valued at $114,459,618.09. This trade represents a 5.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 106,649 shares of company stock worth $23,871,905 in the last quarter. Corporate insiders own 10.80% 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.

Amazon.com Company Profile

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.