Insider Sell: Jonathan Rubinstein Sells 4,549 Shares of Amazon.com Inc (AMZN)

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Dec 07, 2024
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On December 4, 2024, Jonathan Rubinstein, a Director at Amazon.com Inc (AMZN, Financial), sold 4,549 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 92,554 shares of the company. Amazon.com Inc (AMZN) is a global technology company that engages in the retail sale of consumer products and subscriptions in North America and internationally. It operates through three segments: North America, International, and Amazon Web Services (AWS). The insider transaction history for Amazon.com Inc indicates that there have been 0 insider buys in total over the past year, while there have been 76 insider sells during the same period. Over the past year, Jonathan Rubinstein has sold a total of 37,272 shares and purchased 0 shares.

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On the day of the recent sale, shares of Amazon.com Inc were trading at $219.85 each, giving the stock a market cap of $2,387,222.949 million. The company's price-earnings ratio is 48.61, which is higher than the industry median of 19.4 but lower than the company’s historical median price-earnings ratio. With a price of $219.85 and a GuruFocus Value of $162.77, Amazon.com Inc has a price-to-GF-Value ratio of 1.35, indicating that the stock is significantly overvalued based on its GF Value.

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The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on the following three factors:

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.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.