On August 21, 2024, David Zapolsky, Senior Vice President at Amazon.com Inc (NASDAQ:AMZN), sold 9,490 shares of the company. The transaction was documented in a recent SEC filing. After this sale, the insider now owns 64,610 shares of Amazon.com Inc.

Amazon.com Inc. is an online retailer and offers its services through various websites. The company also manufactures and sells electronic devices. It offers programs that allow sellers to sell their products and fulfill orders through the company, as well as programs that allow authors, musicians, filmmakers, app developers, and others to publish and sell content.

Over the past year, David Zapolsky has sold a total of 102,586 shares and made no purchases. This recent sale is part of a broader trend observed over the past year, in which Amazon.com Inc recorded a total of 72 insider sales and no insider purchases.

Amazon.com Inc. shares were trading at $180.88 on the day of the sale. The company’s market capitalization is around $1,858.14 billion. Its price-to-earnings ratio is 42.35, which is higher than the industry average of 17.265.

The stock is valued at $158.78 according to GF Value, which translates to a price to GF Value ratio of 1.14. This suggests that Amazon.com Inc. is slightly overvalued based on its GF Value.

The GF value is calculated by taking into account historical multiples such as price-to-earnings ratio, price-to-sales ratio, price-to-book ratio and price-to-free cash flow, along with a GuruFocus adjustment factor based on past earnings and growth as well as Morningstar analysts’ views on future business performance.

This article created by GuruFocus is intended to provide general insights and does not constitute tailored financial advice. Our commentary is based on historical data and analyst forecasts, uses an unbiased methodology and is not intended to serve as specific investment advice. It does not contain a recommendation to buy or sell any stock and does not take into account any individual investment objectives or financial circumstances. Our goal is to provide long-term, fundamental, data-driven analysis. Note that our analysis may not include the most recent, price-sensitive company announcements or qualitative information. GuruFocus does not hold a position in any stocks mentioned here.

This article first appeared on GuruFocus.