Amazon.com Inc’s filing revealed that its Officer DOUGLAS HERRINGTON acquired Company’s shares for reported $4.59 million on Mar 03 ’25. In the deal valued at $212.28 per share,21,627 shares were bought.
Then, Jassy Andrew R sold 20,784 shares, generating $4,586,006 in total proceeds. Upon selling the shares at $220.65, the President and CEO now owns 2,118,886 shares.
Before that, Herrington Douglas J sold 6,104 shares. Amazon.com Inc shares valued at $1,357,967 were divested by the CEO Worldwide Amazon Stores at a price of $222.47 per share. As a result of the transaction, Herrington Douglas J now holds 514,474 shares, worth roughly $105.48 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 Monday, Amazon.com Inc [NASDAQ:AMZN] saw its stock fall -3.42% to $205.02. Over the last five days, the stock has lost -3.62%. Amazon.com Inc shares have fallen nearly -6.55% since the year began. Nevertheless, the stocks have risen 18.40% 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 03/03/25. SMA at 50 days reached $226.04, while 200 days put it at $198.68.
Levels Of Support And Resistance For AMZN Stock
The 24-hour chart illustrates a support level at 200.38, which if violated will result in even more drops to 195.73. On the upside, there is a resistance level at 211.84. A further resistance level may holdings at 218.65. The Relative Strength Index (RSI) on the 14-day chart is 30.09, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -11.28, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.00%. Stochastics %K at 16.74% 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.
