Tandem Financial LLC Sells 60 Shares of Amazon.com, Inc. $AMZN

Tandem Financial LLC trimmed its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 3.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,876 shares of the e-commerce giant’s stock after selling 60 shares during the quarter. Tandem Financial LLC’s holdings in Amazon.com were worth $357,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in AMZN. Castlekeep Investment Advisors LLC bought a new stake in Amazon.com in the fourth quarter worth $25,000. LSV Asset Management purchased a new position in shares of Amazon.com in the fourth quarter worth $35,000. Cooksen Wealth LLC purchased a new position in shares of Amazon.com in the first quarter worth $36,000. Inlight Wealth Management LLC purchased a new position in shares of Amazon.com in the first quarter worth $40,000. Finally, Perritt Capital Management Inc raised its stake in shares of Amazon.com by 72.7% in the fourth quarter. Perritt Capital Management Inc now owns 190 shares of the e-commerce giant’s stock worth $42,000 after purchasing an additional 80 shares during the last quarter. 72.20% of the stock is owned by institutional investors.

Insider Activity

In other Amazon.com news, CFO Brian T. Olsavsky sold 17,750 shares of the stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the sale, the chief financial officer owned 49,000 shares of the company’s stock, valued at approximately $10,914,260. This trade represents a 26.59% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP David Zapolsky sold 13,570 shares of the stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $222.76, for a total value of $3,022,853.20. Following the sale, the senior vice president directly owned 44,110 shares in the company, valued at $9,825,943.60. This trade represents a 23.53% decrease in their position. The disclosure for this sale can be found here. Insiders sold 25,097,911 shares of company stock worth $5,675,986,299 in the last three months. Corporate insiders own 9.70% of the company’s stock.

Amazon.com Stock Down 1.1%

NASDAQ AMZN opened at $229.00 on Friday. The stock’s 50 day moving average is $224.25 and its 200 day moving average is $207.95. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $242.52. The stock has a market cap of $2.44 trillion, a PE ratio of 34.91, a P/E/G ratio of 1.54 and a beta of 1.31.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.31 by $0.37. The business had revenue of $167.70 billion for the quarter, compared to the consensus estimate of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company’s revenue was up 13.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. Research analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on AMZN. Westpark Capital restated a “buy” rating and issued a $280.00 price target on shares of Amazon.com in a research note on Friday, August 1st. JMP Securities restated a “market outperform” rating and issued a $285.00 price target on shares of Amazon.com in a research note on Friday, August 1st. Stifel Nicolaus boosted their price target on Amazon.com from $245.00 to $262.00 and gave the stock a “buy” rating in a research note on Tuesday, July 29th. Evercore ISI restated an “outperform” rating and issued a $280.00 target price on shares of Amazon.com in a report on Wednesday, August 13th. Finally, Oppenheimer cut their target price on shares of Amazon.com from $250.00 to $245.00 and set an “outperform” rating for the company in a research report on Friday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $262.87.

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.