On September 24, 2024, David Zapolsky, Senior Vice President at Amazon.com Inc (AMZN, Financial), sold 2,190 shares of the company. The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 62,420 shares of Amazon.com Inc.
Over the past year, David Zapolsky has engaged in multiple transactions, selling a total of 61,960 shares and purchasing none. This latest sale continues a trend observed within the company, where insider activity has predominantly been in the form of sales. In the past year, there have been 72 insider sales and no insider buys at Amazon.com Inc.
Amazon.com Inc, a global leader in e-commerce and cloud computing, has seen its shares trading at $195 on the day of the transaction. This pricing values the company with a market cap of approximately $2.006 trillion.
The company's current price-earnings ratio stands at 45.73, which is above the industry median of 17.98. This ratio is also below the historical median for Amazon.com Inc, indicating a fluctuation in earnings relative to the share price.
According to the GF Value, the intrinsic value of Amazon.com Inc's stock is estimated at $159.95 per share, making the current price represent a price-to-GF-Value ratio of 1.22. This suggests that the stock is Modestly Overvalued.
The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus reflecting past returns and growth, and future business performance estimates from Morningstar analysts.
This insider sale might draw attention from investors monitoring insider behaviors as an indicator of the company’s future direction. With the stock currently assessed as modestly overvalued and the ongoing insider selling trend, stakeholders might look closely at market conditions and company performance in upcoming financial disclosures.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
