Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Amazon.com Inc shares valued at $4,586,006 were sold by Jassy Andrew R on Feb 21 ’25. At $220.65 per share, Jassy Andrew R sold 20,784 shares. The insider’s holdings dropped to 2,118,886 shares worth approximately $442.3 million following the completion of this transaction.
Also, Herrington Douglas J sold 6,104 shares, netting a total of over 1,357,967 in proceeds. Following the sale of shares at $222.47 each, the insider now holds 514,474 shares.
Before that, Olsavsky Brian T had sold 14,620 shares from its account. In a trade valued at $3,262,307, the Senior Vice President and CFO traded Amazon.com Inc shares for $223.14 each. Upon closing the transaction, the insider’s holdings decreased to 14,620 shares, worth approximately $10.23 million.
As published in a research note from Wedbush on January 27, 2025, Amazon.com Inc [AMZN] has been retained to an Outperform and the price target has been revised to $280. Analysts at Wedbush resumed the stock at ‘”an Outperform”‘ outlook in a report released in early January. As of January 03, 2025, Wolfe Research has reiterated its “an Outperform” rating for AMZN. Earlier on December 16, 2024, UBS 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 -6.34%. Over the course of the year, Amazon.com Inc shares have dropped approximately -4.85%. Shares of the company reached a 52-week high of $242.52 on 02/04/25 and a 52-week low of $204.16 on 02/25/25. A 50-day SMA is recorded $226.90, while a 200-day SMA reached $198.46.
Support And Resistance Levels for Amazon.com Inc (AMZN)
According to the 24-hour chart, there is a support level at 204.75, which, if violated, would cause prices to drop to 200.76. In the upper region, resistance lies at 216.35. The next price resistance is at 223.96. RSI (Relative Strength Index) is 29.77 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -11.21, which suggests the price will decrease in the coming days. Percent R is at 85.06%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
