Insider Activity at Amazon: A Closer Look at the Latest Dealings
The most recent director‑dealing filing from Amazon’s CEO, Andrew Jassy, shows a modest purchase of 50,000 shares on August 21, 2026, executed under a Rule 10b‑5 trading plan. The shares were bought at the market price of $261.06, leaving Jassy’s holdings at 2,255,766 shares. The trade is notable not for its size but for the context in which it sits: Jassy has been consistently buying and selling in a tight, rule‑based pattern that suggests a disciplined, long‑term view rather than opportunistic short‑term speculation.
Implications for the Stock and the Business
Jassy’s recent sale of more than 20,000 shares in the preceding month (all part of the same 10b‑5 plan) and this small purchase suggest that the CEO is maintaining a balanced portfolio while keeping an eye on liquidity needs or tax planning. The trading plan’s timing—initiated in November 2025—keeps insider trades outside the window of confidential information, so investors can interpret the activity as a signal of confidence rather than a reaction to earnings surprises. The overall share price has held steady at $262.07, with a modest 0.62% weekly rise but still well below the 52‑week high of $287.20. For long‑term investors, Jassy’s steady involvement reinforces the view that Amazon’s business model—spanning e‑commerce, AWS, and logistics—remains robust enough to justify continued insider ownership.
What the Trading Pattern Tells Us About Amazon’s Future
When insiders sell a large block of shares, it can be a red flag; when they buy, it is often interpreted as a vote of confidence. Jassy’s pattern over the last six months has been a series of relatively small, rule‑based trades—both buys and sells—often executed at market‑closing prices. This disciplined approach indicates that the CEO’s primary concern is managing his personal portfolio rather than reacting to short‑term market swings. For Amazon, the implication is that the company’s fundamentals are strong enough that senior management is comfortable holding significant positions, even amid the volatility of the consumer‑discretionary sector. The continued activity of other top executives—such as Garman, Herrington, and Zapolsky—further suggests that the leadership team is aligned in their long‑term view.
Jassy Andrew R.: A Profile of Consistency
Andrew Jassy has been the face of Amazon since 2017, succeeding Jeff Bezos. His insider trading history is a study in consistency: a series of Rule 10b‑5 transactions that balance modest purchases with scheduled sales. In 2026, Jassy sold a cumulative 85,000 shares (mostly under the plan) while buying back 120,000 shares across the year, leaving a net increase of roughly 35,000 shares. Compared to other high‑profile insiders—Garman (13 trades), Herrington (10 trades), Zapolsky (9 trades), and Olsavsky (6 trades)—Jassy’s activity is the most regular, reflecting his role in steering Amazon’s long‑term strategy. His trading volume remains a fraction of the company’s daily volume, indicating that he is not using insider trades to influence short‑term price movements but to manage his personal portfolio.
Bottom Line for Investors
For the price‑to‑earnings ratio of 20.83 and a market cap of $2.79 trillion, Amazon is still a heavyweight in the consumer‑discretionary space. The recent insider activity, coupled with a steady share price and a bullish sentiment of +74 on social media, suggests that senior management is comfortable with the company’s trajectory. While the CEO’s trade volume is modest, his consistent presence in the market is a positive signal for investors looking for stability in an otherwise volatile sector. The key takeaway: Amazon’s leadership remains committed to its long‑term growth plan, and insiders’ disciplined trading patterns reinforce that confidence.
| Date | Owner | Transaction Type | Shares | Price per Share | Security |
|---|---|---|---|---|---|
| 2026-08-21 | Jassy Andrew R (President and CEO) | Buy | 50,000.00 | N/A | Common Stock, par value $.01 per share |
| 2026-08-21 | Jassy Andrew R (President and CEO) | Sell | 3,197.00 | 257.63 | Common Stock, par value $.01 per share |
| 2026-08-21 | Jassy Andrew R (President and CEO) | Sell | 7,478.00 | 258.67 | Common Stock, par value $.01 per share |
| 2026-08-21 | Jassy Andrew R (President and CEO) | Sell | 7,514.00 | 259.61 | Common Stock, par value $.01 per share |
| 2026-08-21 | Jassy Andrew R (President and CEO) | Sell | 1,811.00 | 260.39 | Common Stock, par value $.01 per share |
| N/A | Jassy Andrew R (President and CEO) | Holding | 65,500.00 | N/A | Common Stock, par value $.01 per share |
| N/A | Jassy Andrew R (President and CEO) | Holding | 9,927.40 | N/A | Common Stock, par value $.01 per share |
| 2026-08-21 | Jassy Andrew R (President and CEO) | Sell | 50,000.00 | N/A | Restricted Stock Unit Award |
| 2026-08-21 | Garman Matthew S (CEO Amazon Web Services) | Buy | 4,860.00 | N/A | Common Stock, par value $.01 per share |
| 2026-08-21 | Garman Matthew S (CEO Amazon Web Services) | Buy | 1,480.00 | N/A | Common Stock, par value $.01 per share |
| 2026-08-21 | Garman Matthew S (CEO Amazon Web Services) | Buy | 4,000.00 | N/A | Common Stock, par value $.01 per share |
| 2026-08-21 | Garman Matthew S (CEO Amazon Web Services) | Buy | 7,836.00 | N/A | Common Stock, par value $.01 per share |
| 2026-08-21 | Garman Matthew S (CEO Amazon Web Services) | Sell | 2,159.00 | 257.60 | Common Stock, par value $.01 per share |
| 2026-08-21 | Garman Matthew S (CEO Amazon Web Services) | Sell | 5,191.00 | 258.66 | Common Stock, par value $.01 per share |
| 2026-08-21 | Garman Matthew S (CEO Amazon Web Services) | Sell | 5,240.00 | 259.57 | Common Stock, par value $.01 per share |
| 2026-08-21 | Garman Matthew S (CEO Amazon Web Services) | Sell | 1,951.00 | 260.34 | Common Stock, par value $.01 per share |
| N/A | Garman Matthew S (CEO Amazon Web Services) | Holding | 887.52 | N/A | Common Stock, par value $.01 per share |
| 2026-08-21 | Garman Matthew S (CEO Amazon Web Services) | Sell | 4,860.00 | N/A | Restricted Stock Unit Award |
| 2026-08-21 | Garman Matthew S (CEO Amazon Web Services) | Sell | 1,480.00 | N/A | Restricted Stock Unit Award |
| 2026-08-21 | Garman Matthew S (CEO Amazon Web Services) | Sell | 4,000.00 | N/A | Restricted Stock Unit Award |
| 2026-08-21 | Garman Matthew S (CEO Amazon Web Services) | Sell | 7,836.00 | N/A | Restricted Stock Unit Award |
| 2026-08-21 | Herrington Douglas J (CEO Worldwide Amazon Stores) | Buy | 7,500.00 | N/A | Common Stock, par value $.01 per share |
| 2026-08-21 | Herrington Douglas J (CEO Worldwide Amazon Stores) | Buy | 2,840.00 | N/A | Common Stock, par value $.01 per share |
| 2026-08-21 | Herrington Douglas J (CEO Worldwide Amazon Stores) | Buy | 5,565.00 | N/A | Common Stock, par value $.01 per share |
| 2026-08-21 | Herrington Douglas J (CEO Worldwide Amazon Stores) | Sell | 1,825.00 | 257.77 | Common Stock, par value $.01 per share |
| 2026-08-21 | Herrington Douglas J (CEO Worldwide Amazon Stores) | Sell | 2,125.00 | 258.58 | Common Stock, par value $.01 per share |
| 2026-08-21 | Herrington Douglas J (CEO Worldwide Amazon Stores) | Sell | 2,412.00 | 260.33 | Common Stock, par value $.01 per share |
| N/A | Herrington Douglas J (CEO Worldwide Amazon Stores) | Holding | 6,609.35 | N/A | Common Stock, par value $.01 per share |
| 2026-08-21 | Herrington Douglas J (CEO Worldwide Amazon Stores) | Sell | 7,500.00 | N/A | Restricted Stock Unit Award |
| 2026-08-21 | Herrington Douglas J (CEO Worldwide Amazon Stores) | Sell | 2,840.00 | N/A | Restricted Stock Unit Award |
| 2026-08-21 | Herrington Douglas J (CEO Worldwide Amazon Stores) | Sell | 5,565.00 | N/A | Restricted Stock Unit Award |
| 2026-08-21 | Zapolsky David (Senior Vice President) | Buy | 9,900.00 | N/A | Common Stock, par value $.01 per share |
| 2026-08-21 | Zapolsky David (Senior Vice President) | Buy | 5,530.00 | N/A | Common Stock, par value $.01 per share |
| 2026-08-21 | Zapolsky David (Senior Vice President) | Sell | 1,138.00 | 257.70 | Common Stock, par value $.01 per share |
| 2026-08-21 | Zapolsky David (Senior Vice President) | Sell | 1,782.00 | 258.64 | Common Stock, par value $.01 per share |
| 2026-08-21 | Zapolsky David (Senior Vice President) | Sell | 2,133.00 | 259.63 | Common Stock, par value $.01 per share |
| 2026-08-21 | Zapolsky David (Senior Vice President) | Sell | 1,119.00 | 260.45 | Common Stock, par value $.01 per share |
| 2026-08-24 | Zapolsky David (Senior Vice President) | Sell | 9,258.00 | 259.77 | Common Stock, par value $.01 per share |
| 2026-08-21 | Zapolsky David (Senior Vice President) | Sell | 9,900.00 | N/A | Restricted Stock Unit Award |
| 2026-08-21 | Zapolsky David (Senior Vice President) | Sell | 5,530.00 | N/A | Restricted Stock Unit Award |
| 2026-08-21 | Olsavsky Brian T (Senior Vice President and CFO) | Buy | 9,900.00 | N/A | Common Stock, par value $.01 per share |
| 2026-08-21 | Olsavsky Brian T (Senior Vice President and CFO) | Buy | 5,530.00 | N/A | Common Stock, par value $.01 per share |
| 2026-08-21 | Olsavsky Brian T (Senior Vice President and CFO) | Sell | 6,172.00 | 260.31 | Common Stock, par value $.01 per share |
| N/A | Olsavsky Brian T (Senior Vice President and CFO) | Holding | 1,627.98 | N/A | Common Stock, par value $.01 per share |
| 2026-08-21 | Olsavsky Brian T (Senior Vice President and CFO) | Sell | 9,900.00 | N/A | Restricted Stock Unit Award |
| 2026-08-21 | Olsavsky Brian T (Senior Vice President and CFO) | Sell | 5,530.00 | N/A | Restricted Stock Unit Award |
| 2026-08-21 | Reynolds Shelley (Vice President) | Buy | 1,800.00 | N/A | Common Stock, par value $.01 per share |
| 2026-08-21 | Reynolds Shelley (Vice President) | Buy | 543.00 | N/A | Common Stock, par value $.01 per share |
| 2026-08-21 | Reynolds Shelley (Vice President) | Sell | 675.00 | 257.77 | Common Stock, par value $.01 per share |
| 2026-08-21 | Reynolds Shelley (Vice President) | Sell | 780.00 | 258.58 | Common Stock, par value $.01 per share |
| 2026-08-21 | Reynolds Shelley (Vice President) | Sell | 888.00 | 260.33 | Common Stock, par value $.01 per share |
| N/A | Reynolds Shelley (Vice President) | Holding | 2,655.72 | N/A | Common Stock, par value $.01 per share |
| 2026-08-21 | Reynolds Shelley (Vice President) | Sell | 1,800.00 | N/A | Restricted Stock Unit Award |
| 2026-08-21 | Reynolds Shelley (Vice President) | Sell | 543.00 | N/A | Restricted Stock Unit Award |




