Amazon.com (NASDAQ:AMZN) SVP David Zapolsky Sells 10,649 Shares

24 Feb 2026, 19:16 by Amy Steele · The Cerbat Gem

Amazon.com, Inc. (NASDAQ:AMZN) SVP David Zapolsky sold 10,649 shares of the company’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $205.43, for a total value of $2,187,624.07. Following the transaction, the senior vice president directly owned 41,190 shares in the company, valued at $8,461,661.70. This trade represents a 20.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

David Zapolsky also recently made the following trade(s):

On Monday, February 23rd, David Zapolsky sold 7,100 shares of Amazon.com stock. The stock was sold at an average price of $205.35, for a total value of $1,457,985.00.

Amazon.com Trading Up 1.6%

NASDAQ:AMZN traded up $3.29 on Tuesday, hitting $208.56. 41,046,132 shares of the stock were exchanged, compared to its average volume of 54,408,398. 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, Inc. has a 52 week low of $161.38 and a 52 week high of $258.60. The stock has a market capitalization of $2.24 trillion, a price-to-earnings ratio of 29.09, a P/E/G ratio of 1.34 and a beta of 1.37. The company’s 50-day moving average price is $227.87 and its 200 day moving average price is $228.15.

Amazon.com (NASDAQ:AMZN – Get Free Report) last issued its earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.97 by ($0.02). The business had revenue of $213.39 billion during 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 firm’s revenue for the quarter was up 13.6% compared to the same quarter last year. During the same period last year, the business posted $1.86 EPS. On average, equities research analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

More Amazon.com News

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

Positive Sentiment: Large, tangible AI infrastructure investment — Amazon committed $12 billion to new data‑center campuses in Louisiana, a concrete buildout that supports AWS capacity and revenue growth for AI workloads. Amazon plans $12 billion data center buildout in Louisiana
Positive Sentiment: Improving AI ecosystem tone — news that Anthropic is extending cooperative enterprise arrangements (and analyst notes that its tools aren’t displacing software vendors) has helped lift AI/software sentiment, which benefits Amazon via its Anthropic stake and AWS partnerships. Anthropic Extends Enterprise Olive Branch, Lifts Software Stocks
Neutral Sentiment: Broad market support — a tech-led, broad‑based equity rally lifted many large-cap names, providing short‑term tailwinds for AMZN alongside sector rotation headlines. US Equity Indexes Rise as Technology Participates in Broad-Based Rally
Neutral Sentiment: Analyst / fundamentals context — several writeups note Amazon’s fundamentals and AWS strength remain intact despite the pullback, framing the decline as an investment-cycle reset rather than structural deterioration.
Negative Sentiment: Wall Street fear over massive AI capex — management’s disclosure of roughly $200 billion in AI‑related capital spending remains the primary negative catalyst, prompting questions about near‑term returns and free‑cash‑flow pressure. Amazon’s $200 Billion AI Spending Shocker Has Wall Street Asking One Question
Negative Sentiment: Insider selling — recent Form 4 filings show sales by senior executives (VP Shelley Reynolds; CEO Douglas J. Herrington), which can amplify short‑term selling pressure and investor caution. Shelley Reynolds Form 4 Douglas J. Herrington Form 4
Negative Sentiment: AGI lab leadership change — the head of Amazon’s AGI lab is leaving, raising short‑term questions about continuity in longer‑term research efforts. Head of Amazon’s AGI lab is leaving the company
Negative Sentiment: Regulatory/legal headlines — California asked a court to block alleged anti‑competitive pricing practices and Italy’s privacy authority banned an Amazon logistics unit from processing some employee data; both add regulatory risk and headline volatility. California seeks injunction to stop Amazon’s alleged stifling of price competition Italy watchdog bans Amazon unit from using staff personal data

Hedge Funds Weigh In On Amazon.com

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Fairway Wealth LLC grew its stake in shares of Amazon.com by 113.2% during the 3rd quarter. Fairway Wealth LLC now owns 113 shares of the e-commerce giant’s stock worth $25,000 after acquiring an additional 60 shares in the last quarter. Sellwood Investment Partners LLC bought a new stake in shares of Amazon.com in the third quarter worth $27,000. MilWealth Group LLC boosted its holdings in Amazon.com by 79.0% during the fourth quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant’s stock worth $41,000 after purchasing an additional 79 shares during the last quarter. Elkhorn Partners Limited Partnership boosted its holdings in Amazon.com by 900.0% during the fourth quarter. Elkhorn Partners Limited Partnership now owns 200 shares of the e-commerce giant’s stock worth $46,000 after purchasing an additional 180 shares during the last quarter. Finally, Prudent Man Investment Management Inc. grew its position in Amazon.com by 87.7% in the fourth quarter. Prudent Man Investment Management Inc. now owns 229 shares of the e-commerce giant’s stock valued at $53,000 after purchasing an additional 107 shares in the last quarter. 72.20% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on AMZN. Citigroup cut their price target on Amazon.com from $320.00 to $265.00 and set a “buy” rating on the stock in a research note on Monday, February 9th. Stifel Nicolaus set a $300.00 price objective on Amazon.com and gave the company a “buy” rating in a report on Tuesday, January 27th. Robert W. Baird set a $285.00 target price on Amazon.com and gave the stock an “outperform” rating in a report on Friday, October 31st. Wells Fargo & Company set a $304.00 target price on Amazon.com and gave the stock an “overweight” rating in a research report on Monday. Finally, Mizuho cut Amazon.com from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 18th. One investment analyst has rated the stock with a Strong Buy rating, fifty-three have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Amazon.com presently has an average rating of “Moderate Buy” and a consensus target price of $287.29.

View Our Latest Stock Report on Amazon.com

About Amazon.com

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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.