McCollum Christoferson Group LLC Sells 250 Shares of Amazon.com, Inc. $AMZN

McCollum Christoferson Group LLC lessened its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 0.4% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 55,745 shares of the e-commerce giant’s stock after selling 250 shares during the quarter. Amazon.com accounts for about 3.2% of McCollum Christoferson Group LLC’s holdings, making the stock its 9th biggest position. McCollum Christoferson Group LLC’s holdings in Amazon.com were worth $10,606,000 as of its most recent filing with the SEC.

Other large investors have also recently added to or reduced their stakes in the company. Western Wealth Management LLC increased its stake in Amazon.com by 0.9% in the 1st quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant’s stock valued at $26,660,000 after buying an additional 1,297 shares during the period. Barnes Dennig Private Wealth Management LLC acquired a new position in Amazon.com in the 1st quarter valued at approximately $514,000. Bearing Point Capital LLC acquired a new position in Amazon.com in the 4th quarter valued at approximately $12,014,000. Evergreen Capital Management LLC increased its stake in Amazon.com by 0.5% in the 4th quarter. Evergreen Capital Management LLC now owns 242,550 shares of the e-commerce giant’s stock valued at $53,213,000 after buying an additional 1,198 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its stake in Amazon.com by 173.6% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,461,573 shares of the e-commerce giant’s stock valued at $759,434,000 after buying an additional 2,196,353 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Stock Performance

NASDAQ:AMZN opened at $228.84 on Monday. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52. The firm’s fifty day simple moving average is $222.63 and its 200 day simple moving average is $207.85. 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 firm has a market capitalization of $2.44 trillion, a PE ratio of 34.88, a PEG ratio of 1.54 and a beta of 1.31.

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

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. JMP Securities reiterated a “market outperform” rating and issued a $285.00 price objective on shares of Amazon.com in a research note on Friday, August 1st. Truist Financial increased their price target on shares of Amazon.com from $226.00 to $250.00 and gave the stock a “buy” rating in a research note on Wednesday, July 2nd. Piper Sandler lifted their price objective 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. Jefferies Financial Group increased their target price on shares of Amazon.com from $255.00 to $265.00 in a research report on Wednesday, July 16th. Finally, Canaccord Genuity Group reissued a “buy” rating and set a $280.00 target price on shares of Amazon.com in a research report on Friday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Amazon.com has a consensus rating of “Buy” and a consensus price target of $262.87.

Insider Buying and Selling at Amazon.com

In other Amazon.com news, CEO Douglas J. Herrington sold 4,784 shares of the firm’s stock in a transaction on Friday, August 15th. The shares were sold at an average price of $232.32, for a total value of $1,111,418.88. Following the sale, the chief executive officer directly owned 510,255 shares in the company, valued at $118,542,441.60. This trade represents a 0.93% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Jeffrey P. Bezos sold 2,643,142 shares of the firm’s stock in a transaction on Thursday, July 24th. The stock was sold at an average price of $230.43, for a total transaction of $609,059,211.06. Following the completion of the sale, the insider owned 883,779,901 shares in the company, valued at $203,649,402,587.43. This represents a 0.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 25,012,284 shares of company stock worth $5,656,976,492 over the last 90 days. Company insiders own 10.80% of the company’s stock.

Amazon.com Company 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.