Amazon.com Inc’s filing revealed that its CEO Worldwide Amazon Stores Herrington Douglas J unloaded Company’s shares for reported $0.53 million on Mar 03 ’25. In the deal valued at $213.17 per share,2,500 shares were sold. As a result of this transaction, Herrington Douglas J now holds 511,974 shares worth roughly $100.21 million.
Then, DOUGLAS HERRINGTON bought 21,627 shares, generating $4,590,980 in total proceeds.
Before that, Jassy Andrew R sold 20,784 shares. Amazon.com Inc shares valued at $4,586,006 were divested by the President and CEO at a price of $220.65 per share. As a result of the transaction, Jassy Andrew R now holds 2,118,886 shares, worth roughly $414.75 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 -1.12% to $195.74. Over the last five days, the stock has gained 0.62%. Amazon.com Inc shares have fallen nearly -10.78% since the year began. Nevertheless, the stocks have risen 10.87% 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 03/10/25. SMA at 50 days reached $220.92, while 200 days put it at $199.45.
Levels Of Support And Resistance For AMZN Stock
The 24-hour chart illustrates a support level at 193.71, which if violated will result in even more drops to 191.68. On the upside, there is a resistance level at 198.39. A further resistance level may holdings at 201.03. The Relative Strength Index (RSI) on the 14-day chart is 34.22, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.29, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.21%. Stochastics %K at 17.20% indicates the stock is a buying.
How much short interest is there in Amazon.com Inc?
A steep rise in short interest was recorded in Amazon.com Inc stocks on 2025-02-28, growing by 0.36 million shares to a total of 71.12 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 70.76 million shares. There was a rise of 0.51%, which implies that there is a positive sentiment for the stock.
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.
