Rep. David Taylor Purchases Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Representative David Taylor (Republican-Ohio) recently bought shares of Amazon.com, Inc. (NASDAQ:AMZN). In a filing disclosed on March 06th, the Representative disclosed that they had bought between $1,001 and $15,000 in Amazon.com stock on February 26th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SARDINIA READY MIX 401(K) – DAVE” account.

Representative David Taylor also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Fifth Third Bancorp (NASDAQ:FITB) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Parker-Hannifin (NYSE:PH) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 2/26/2026.
• Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Marathon Petroleum (NYSE:MPC) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Kroger (NYSE:KR) on 2/26/2026.
• Sold $15,001 – $50,000 in shares of International Business Machines (NYSE:IBM) on 2/26/2026.
• Sold $15,001 – $50,000 in shares of Salesforce (NYSE:CRM) on 2/26/2026.

Amazon.com Trading Up 0.8%

Shares of NASDAQ AMZN traded up $1.76 during midday trading on Tuesday, hitting $215.25. 8,880,601 shares of the company traded hands, compared to its average volume of 52,670,957. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $258.60. The firm has a market cap of $2.31 trillion, a P/E ratio of 30.03, a P/E/G ratio of 1.60 and a beta of 1.40. The stock has a 50-day moving average price of $224.46 and a 200 day moving average price of $227.16. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.88 and a current ratio of 1.05.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share for the quarter, missing the consensus estimate of $1.97 by ($0.02). The firm had revenue of $213.39 billion for the quarter, compared to the consensus estimate of $211.02 billion. Amazon.com had a net margin of 10.83% and a return on equity of 21.87%. The business’s revenue was up 13.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.86 earnings per share. As a group, analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Institutional Trading of Amazon.com

Several large investors have recently added to or reduced their stakes in AMZN. American Capital Advisory LLC raised its holdings in shares of Amazon.com by 63.9% in the 3rd quarter. American Capital Advisory LLC now owns 8,081 shares of the e-commerce giant’s stock valued at $1,774,000 after purchasing an additional 3,152 shares in the last quarter. ARK Investment Management LLC grew its holdings in Amazon.com by 8.3% in the second quarter. ARK Investment Management LLC now owns 1,140,494 shares of the e-commerce giant’s stock worth $250,213,000 after purchasing an additional 86,978 shares during the last quarter. Buckhead Capital Management LLC grew its stake in Amazon.com by 16.1% during the 2nd quarter. Buckhead Capital Management LLC now owns 28,407 shares of the e-commerce giant’s stock worth $6,232,000 after buying an additional 3,948 shares during the last quarter. Compagnie Lombard Odier SCmA acquired a new stake in Amazon.com in the third quarter worth about $451,642,000. Finally, Alpha Wealth Funds LLC boosted its stake in Amazon.com by 172.8% in the 2nd quarter. Alpha Wealth Funds LLC now owns 3,012 shares of the e-commerce giant’s stock worth $667,000 after purchasing an additional 1,908 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have commented on AMZN. Citigroup lowered their price objective on Amazon.com from $320.00 to $265.00 and set a “buy” rating for the company in a research report on Monday, February 9th. Evercore lowered their price target on shares of Amazon.com from $335.00 to $285.00 and set an “outperform” rating for the company in a research report on Friday, February 27th. Citizens Jmp upped their price objective on shares of Amazon.com from $300.00 to $315.00 and gave the stock an “outperform” rating in a report on Monday, February 2nd. Rothschild & Co Redburn set a $230.00 price target on Amazon.com in a research note on Wednesday, January 21st. Finally, Maxim Group raised their price target on Amazon.com from $280.00 to $290.00 and gave the company a “buy” rating in a report on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, fifty-three have issued a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $286.93.

More Amazon.com News

Here are the key news stories impacting Amazon.com this week:

• Positive Sentiment: Big-picture AI / infrastructure commitment supports revenue and AWS growth expectations — analysts and investors are pricing in upside from Amazon’s role as a cloud backbone for OpenAI plus a multi‑year capital plan to expand AI compute. How Amazon’s OpenAI Cloud Backbone Role And $200 Billion AI Capex Plan At Amazon.com (AMZN) Has Changed Its Investment Story
• Positive Sentiment: Institutional and analyst support: major investors and some brokers remain bullish (e.g., BofA maintain buy), which can prop up the stock amid volatility. BofA Maintains Buy on Amazon.com, Inc. (AMZN) Stock
• Positive Sentiment: Zoox robotaxi expansion highlights diversification of Amazon’s long‑term mobility/AI exposure and potential new revenue pathways beyond retail/cloud. Amazon’s Zoox to launch command hub in Arizona, expand testing to Dallas and Phoenix
• Neutral Sentiment: AWS is moving some defense workloads off an Anthropic model while continuing other partnerships — operationally important but shows AWS actively managing customer risk and model choices. Amazon transitions defense workloads, keeps Claude for others
• Negative Sentiment: Engineers convening to investigate a recent “trend” of incidents tied to Gen‑AI‑assisted changes raises short‑term reliability concerns for AWS; outages can dent customer confidence and spur revenue risk if repeated. Amazon Stock (AMZN) Rises as Engineers Plan Dive into AI-Linked Outages
• Negative Sentiment: Physical attacks on AWS data centers in the Middle East (drone strikes) highlight geopolitical/physical‑security risk to cloud operations and could increase contingencies/costs. Iran’s attacks on Amazon data centers in UAE, Bahrain signal a new kind of war as AI plays an increasingly strategic role, analysts say
• Negative Sentiment: Rising oil and energy prices are a potential margin headwind for energy‑intensive data centers; analysts flag elevated power costs as an operational risk for AWS profitability. For Amazon, Alphabet, Microsoft, $119 Oil Could Be A Ticking Time Bomb
• Negative Sentiment: Notable insider selling and ongoing high‑profile commentary on outages raise governance/near‑term sentiment risk; watch filings and any guidance changes from AWS. Amazon Stock (AMZN) Opinions on AWS Outage

Insiders Place Their Bets

In other news, VP Shelley Reynolds sold 2,695 shares of the stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $205.90, for a total transaction of $554,900.50. Following the sale, the vice president directly owned 119,780 shares of the company’s stock, valued at $24,662,702. This represents a 2.20% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Douglas J. Herrington sold 6,835 shares of the business’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $205.82, for a total transaction of $1,406,779.70. Following the completion of the sale, the chief executive officer directly owned 522,361 shares of the company’s stock, valued at approximately $107,512,341.02. The trade was a 1.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 71,686 shares of company stock valued at $14,688,739. Insiders own 10.80% of the company’s stock.

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.

David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

About Amazon.com

Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.

Key businesses and offerings include Amazon’s online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.