Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Amazon.com Inc shares valued at $1,000,077 were sold by RUBINSTEIN JONATHAN on Dec 09 ’24. At $229.85 per share, RUBINSTEIN JONATHAN sold 4,351 shares. The insider’s holdings dropped to 88,203 shares worth approximately $20.2 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, RUBINSTEIN JONATHAN purchased 4,351 shares, netting a total of over 1,000,077 in proceeds.
Before that, RUBINSTEIN JONATHAN had sold 4,549 shares from its account. In a trade valued at $1,000,098, the Director traded Amazon.com Inc shares for $219.85 each. Upon closing the transaction, the insider’s holdings decreased to 4,549 shares, worth approximately $21.2 million.
As published in a research note from UBS on December 16, 2024, Amazon.com Inc [AMZN] has been retained to a Buy and the price target has been revised to $264. Analysts at Needham resumed the stock at ‘”a Buy”‘ outlook in a report released in mid November. As of November 01, 2024, Telsey Advisory Group has reiterated its “an Outperform” rating for AMZN. Earlier on November 01, 2024, Monness Crespi & Hardt resumed its rating. Their recommendation was “a Buy” for AMZN stock.
Analyzing AMZN Stock Performance
During the last five days, there has been a drop of approximately -0.91%. Over the course of the year, Amazon.com Inc shares have jumped approximately 50.75%. Shares of the company reached a 52-week high of $233.00 on 12/16/24 and a 52-week low of $144.05 on 01/04/24. A 50-day SMA is recorded $207.04, while a 200-day SMA reached $188.81. Nevertheless, trading volume fell to 15.01 million shares from 26.08 million shares the previous day.
Support And Resistance Levels for Amazon.com Inc (AMZN)
According to the 24-hour chart, there is a support level at 227.07, which, if violated, would cause prices to drop to 225.10. In the upper region, resistance lies at 230.08. The next price resistance is at 231.12. RSI (Relative Strength Index) is 62.66 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.25, which suggests the price will decrease in the coming days. Percent R is at 25.16%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
