Amazon.com Inc. (NASDAQ: AMZN) Chief Executive Officer Andrew R. Jassy sold 20,000 common shares for $5.18 million on August 21, 2026, according to a regulatory filing. The transactions were executed under a Rule 10b5-1 trading plan adopted on November 14, 2025, and reported via a Form 4 filed on August 25, 2026.
The shares were sold at prices ranging from $257.09 to $260.90 per share, with Amazon’s stock trading at $261.06 at the time of the report. In a separate transaction, Jassy acquired 50,000 shares through the conversion of restricted stock units on a one-for-one basis. His direct holdings in Amazon totaled 2,235,766 shares, while indirect holdings included 65,500 shares in trust and 9,927,395 shares in an Amazon 401(k) plan. Jassy retains 900,000 restricted stock unit awards.
The sales occurred amid Amazon’s $18 billion expansion in northwest Louisiana, which includes a third data center campus in Shreveport. The investment is expected to generate up to 750 full-time jobs and support an additional 2,500 community positions. Amazon’s market capitalization stood at $2.82 trillion, with a price-to-earnings ratio of 20.92.
Analysts provided mixed but generally positive outlooks. Citizens maintained a "Market Outperform" rating with a $315 price target, citing Amazon’s logistics strength and AI model growth. Rosenblatt Securities initiated coverage with a "buy" rating and a $335 price target, while Morgan Stanley projected a significant rise in capital expenditures by major companies, including Amazon, by 2027.
