Herrington, Amazon CEO, sells $558k in AMZN stock

Published 04/09/2025, 23:54
Herrington, Amazon CEO, sells $558k in AMZN stock

Amazon.com (NASDAQ:AMZN) CEO Worldwide Amazon Stores, Douglas J. Herrington, sold 2,500 shares of the company’s common stock on September 2, 2025, at a price of $223.49, totaling $558,725. The stock has since climbed to $235.64, approaching its 52-week high of $242.52, with InvestingPro data showing the company maintains a GREAT financial health score.

The transaction was disclosed in a Form 4 filing with the Securities and Exchange Commission. Following the sale, Herrington directly owns 518,007 shares of Amazon.com. According to InvestingPro, Amazon boasts a market capitalization of $2.51 trillion, with analysts maintaining a Strong Buy consensus. Discover 10+ additional exclusive insights and detailed analysis in the Pro Research Report.

The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on November 7, 2024.

In other recent news, Amazon’s financial developments have drawn significant attention. Barclays has reiterated an Overweight rating on Amazon, highlighting the growth potential of Amazon Web Services (AWS), particularly through its collaboration with Anthropic, which could significantly boost AWS revenue by Q2 2025. Additionally, an Italian administrative court has reduced a €1.13 billion fine imposed on Amazon, although the court upheld findings of market dominance abuse. In efforts to unify its grocery businesses, Amazon announced plans to extend corporate benefits to Whole Foods employees by December 2026, ensuring alignment across its grocery units.

DoorDash also received a positive outlook, with Truist Securities reiterating a Buy rating based on strong intra-quarter spending data that is surpassing expectations. Meanwhile, Carvana continues to receive favorable evaluations, with JMP Securities maintaining a Market Outperform rating, reflecting optimism in the online used car retailer’s future prospects. These updates reflect ongoing strategic adjustments and market evaluations influencing investor considerations.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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