Guidance Capital Inc. Reduces Position in Amazon.com, Inc. $AMZN

Guidance Capital Inc. lessened its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 16.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,237 shares of the e-commerce giant’s stock after selling 1,002 shares during the quarter. Guidance Capital Inc.’s holdings in Amazon.com were worth $995,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also modified their holdings of the company. Castlekeep Investment Advisors LLC purchased a new position in shares of Amazon.com during the 4th quarter valued at $25,000. Prudent Man Investment Management Inc. purchased a new position in shares of Amazon.com during the 4th quarter valued at $27,000. LSV Asset Management purchased a new position in shares of Amazon.com during the 4th quarter valued at $35,000. Cooksen Wealth LLC purchased a new position in shares of Amazon.com during the 1st quarter valued at $36,000. Finally, Inlight Wealth Management LLC purchased a new position in shares of Amazon.com during the 1st quarter valued at $40,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on AMZN. BNP Paribas upgraded shares of Amazon.com from a “hold” rating to a “strong-buy” rating in a research note on Friday, June 27th. Piper Sandler lifted their target price on shares of Amazon.com from $250.00 to $255.00 and gave the company an “overweight” rating in a research note on Friday, August 1st. DA Davidson lifted their target price on shares of Amazon.com from $230.00 to $265.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Tigress Financial lifted their target price on shares of Amazon.com from $290.00 to $305.00 and gave the company a “buy” rating in a research note on Tuesday, May 6th. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $300.00 price target on shares of Amazon.com in a report on Thursday, August 14th. Two research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Amazon.com has an average rating of “Buy” and an average price target of $262.87.

Insider Activity

In other news, insider Jeffrey P. Bezos sold 2,643,142 shares of the company’s stock in a transaction dated Thursday, July 24th. The shares were sold at an average price of $230.43, for a total transaction of $609,059,211.06. Following the sale, the insider directly owned 883,779,901 shares in the company, valued at approximately $203,649,402,587.43. This represents a 0.30% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Douglas J. Herrington sold 4,784 shares of the company’s stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $232.32, for a total transaction of $1,111,418.88. Following the sale, the chief executive officer owned 510,255 shares in the company, valued at $118,542,441.60. This represents a 0.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 25,025,854 shares of company stock worth $5,659,723,195 over the last 90 days. Corporate insiders own 10.80% of the company’s stock.

Amazon.com Stock Down 1.5%

Shares of NASDAQ AMZN opened at $228.01 on Wednesday. The firm’s 50-day moving average price is $221.91 and its 200-day moving average price is $208.35. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. The stock has a market capitalization of $2.43 trillion, a price-to-earnings ratio of 34.76, a P/E/G ratio of 1.56 and a beta of 1.31. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $242.52.

Amazon.com (NASDAQ:AMZN) last announced its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.31 by $0.37. The firm had revenue of $167.70 billion for the quarter, compared to analysts’ expectations of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The business’s revenue was up 13.3% compared to the same quarter last year. During the same period in the prior year, the company earned $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Amazon.com Profile

Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.