FPC Investment Advisory Inc. Sells 310 Shares of Amazon.com, Inc. $AMZN

FPC Investment Advisory Inc. trimmed its position in Amazon.com, Inc. (NASDAQ:AMZN) by 16.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,623 shares of the e-commerce giant’s stock after selling 310 shares during the quarter. Amazon.com makes up 0.2% of FPC Investment Advisory Inc.’s holdings, making the stock its 21st largest position. FPC Investment Advisory Inc.’s holdings in Amazon.com were worth $302,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Castlekeep Investment Advisors LLC bought a new position in shares of Amazon.com during the 4th quarter worth approximately $25,000. Prudent Man Investment Management Inc. bought a new stake in Amazon.com in the 4th quarter valued at $27,000. LSV Asset Management acquired a new stake in Amazon.com during the 4th quarter valued at $35,000. Cooksen Wealth LLC bought a new position in Amazon.com during the first quarter worth $36,000. Finally, Inlight Wealth Management LLC acquired a new position in shares of Amazon.com in the first quarter valued at $40,000. Institutional investors own 72.20% of the company’s stock.

Analyst Ratings Changes

AMZN has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft raised their target price on shares of Amazon.com from $230.00 to $266.00 in a research note on Tuesday, July 22nd. Westpark Capital restated a “buy” rating and set a $280.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. Oppenheimer reduced their price objective on Amazon.com from $250.00 to $245.00 and set an “outperform” rating for the company in a report on Friday, August 1st. Zacks Research lowered Amazon.com from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 19th. Finally, Barclays lifted their price target on Amazon.com from $240.00 to $275.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $262.87.

Amazon.com Stock Up 3.1%

Shares of NASDAQ AMZN opened at $228.84 on Friday. The stock has a market capitalization of $2.44 trillion, a P/E ratio of 34.88, a PEG ratio of 1.54 and a beta of 1.31. The stock’s fifty day moving average is $222.63 and its 200 day moving average is $208.07. Amazon.com, Inc. has a 52 week low of $161.38 and a 52 week high of $242.52. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, topping the consensus estimate of $1.31 by $0.37. The business had revenue of $167.70 billion during 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%. Amazon.com’s revenue was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. Sell-side analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Activity at Amazon.com

In related news, insider Jeffrey P. Bezos sold 2,643,142 shares of the stock in a transaction that occurred on 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 owned 883,779,901 shares in the company, valued at approximately $203,649,402,587.43. This trade represents a 0.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Douglas J. Herrington sold 4,784 shares of the business’s stock in a transaction that occurred on 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 transaction, the chief executive officer owned 510,255 shares of the company’s stock, valued at approximately $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 25,012,284 shares of company stock worth $5,656,976,492 in the last quarter. 9.70% of the stock is currently owned by company insiders.

About Amazon.com

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.