Amazon.com, Inc. (AMZN) is a tech giant that has revolutionized the way people shop online. In this article, we will delve into the institutional ownership and insider trading activities of AMZN, shedding light on how these factors can impact the stock price.
As of the current real-time price of $229.53, Amazon.com, Inc. (AMZN) has a market capitalization of over $1.1 trillion, making it one of the most valuable companies in the world. Institutional ownership and insider trading play crucial roles in determining the direction of the stock price.
Based on the current price of $229.53, AMZN is trading above its key support level of $220. If the stock price continues to hold above this level, we could see a potential uptrend towards the next resistance at $235. On the downside, a break below $220 could signal a bearish trend with the next support at $215.
| Year | Price Target |
|---|---|
| 2025 | $300 |
| 2026 | $350 |
| 2027 | $400 |
Considering the strong institutional ownership and positive insider trading activities, we maintain a bullish outlook on Amazon.com, Inc. (AMZN). With price targets of $300, $350, and $400 for 2025, 2026, and 2027 respectively, we recommend investors to buy AMZN for potential long-term gains.