In a filing, Amazon.com Inc revealed its CEO Worldwide Amazon Stores Herrington Douglas J unloaded Company’s shares for reported $6.33 million on Feb 12 ’25. In the deal valued at $230.27 per share,27,500 shares were sold. As a result of this transaction, Herrington Douglas J now holds 497,067 shares worth roughly $ 112.66 million.
Then, DOUGLAS HERRINGTON bought 39,105 shares, generating $9,102,080 in total proceeds.
Before that, RUBINSTEIN JONATHAN sold 4,351 shares. Amazon.com Inc shares valued at $1,000,077 were divested by the Director at a price of $229.85 per share. As a result of the transaction, RUBINSTEIN JONATHAN now holds 88,203 shares, worth roughly $19.99 million.
Wedbush reiterated its Amazon.com Inc [AMZN] rating to an Outperform in a research note published on January 27, 2025; the price target was $280. A number of analysts have revised their coverage, including Wedbush’s analysts, who remained covering the stock and in early January has reiterated a ‘”an Outperform”‘ rating for it. Wolfe Research also remained covering AMZN and reiterated its “an Outperform” recommendation on January 03, 2025. UBS maintained its rating on December 16, 2024. It rated AMZN as “a Buy”.
Price Performance Review of AMZN
On Tuesday, Amazon.com Inc [NASDAQ:AMZN] saw its stock fall -0.89% to $226.65. Over the last five days, the stock has lost -2.78%. Amazon.com Inc shares have risen nearly 3.31% since the year began. Nevertheless, the stocks have risen 32.56% over the past one year. While a 52-week high of $242.52 was reached on 02/04/25, a 52-week low of $151.61 was recorded on 01/14/25. SMA at 50 days reached $228.13, while 200 days put it at $197.41.
Levels Of Support And Resistance For AMZN Stock
The 24-hour chart illustrates a support level at 223.81, which if violated will result in even more drops to 220.98. On the upside, there is a resistance level at 229.39. A further resistance level may holdings at 232.14. The Relative Strength Index (RSI) on the 14-day chart is 45.08, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.26, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.41%. Stochastics %K at 11.52% indicates the stock is a buying.
The most recent change occurred on November 14, 2024 when Needham resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $250.
