Amazon.com Inc’s filing revealed that its Officer SHELLEY REYNOLDS acquired Company’s shares for reported $1.97 million on Feb 21 ’25. In the deal valued at $222.88 per share,8,833 shares were bought.
Then, Olsavsky Brian T bought 14,620 shares, generating $3,262,307 in total proceeds.
Before that, Jassy Andrew R bought 20,784 shares. Amazon.com Inc shares valued at $4,586,006 were divested by the Officer at a price of $220.65 per share.
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 Friday, Amazon.com Inc [NASDAQ:AMZN] saw its stock fall -2.83% to $216.58. Over the last five days, the stock has lost -5.99%. Amazon.com Inc shares have fallen nearly -1.28% since the year began. Nevertheless, the stocks have risen 29.63% 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 02/21/25. SMA at 50 days reached $228.14, while 200 days put it at $197.99.
Levels Of Support And Resistance For AMZN Stock
The 24-hour chart illustrates a support level at 213.11, which if violated will result in even more drops to 209.64. On the upside, there is a resistance level at 221.68. A further resistance level may holdings at 226.78. The Relative Strength Index (RSI) on the 14-day chart is 34.63, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -8.70, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.38%. Stochastics %K at 9.10% 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.
