Wellington Shields & Co. LLC Has $5.33 Million Position in Amazon.com, Inc. $AMZN

Wellington Shields & Co. LLC increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 27,993 shares of the e-commerce giant’s stock after purchasing an additional 234 shares during the period. Amazon.com makes up about 1.7% of Wellington Shields & Co. LLC’s portfolio, making the stock its 11th biggest holding. Wellington Shields & Co. LLC’s holdings in Amazon.com were worth $5,326,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the company. Woodley Farra Manion Portfolio Management Inc. lifted its holdings in Amazon.com by 11.8% during the 1st quarter. Woodley Farra Manion Portfolio Management Inc. now owns 3,994 shares of the e-commerce giant’s stock worth $760,000 after purchasing an additional 422 shares during the last quarter. Dearborn Partners LLC increased its stake in Amazon.com by 0.6% during the 1st quarter. Dearborn Partners LLC now owns 21,687 shares of the e-commerce giant’s stock worth $4,126,000 after acquiring an additional 140 shares during the period. Pacific Capital Partners Ltd bought a new position in Amazon.com during the 1st quarter worth $3,258,000. Carl P. Sherr & Co. LLC increased its stake in Amazon.com by 6.7% during the 1st quarter. Carl P. Sherr & Co. LLC now owns 11,973 shares of the e-commerce giant’s stock worth $2,278,000 after acquiring an additional 750 shares during the period. Finally, Tredje AP fonden increased its stake in Amazon.com by 18.8% during the 1st quarter. Tredje AP fonden now owns 2,921,665 shares of the e-commerce giant’s stock worth $555,876,000 after acquiring an additional 462,503 shares during the period. 72.20% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Amazon.com

In other news, CEO Andrew R. Jassy sold 19,872 shares of the business’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the completion of the sale, the chief executive officer directly owned 2,178,502 shares of the company’s stock, valued at $482,712,473.16. The trade was a 0.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Brian T. Olsavsky sold 17,750 shares of the business’s stock in a transaction dated 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 directly owned 49,000 shares of the company’s stock, valued at approximately $10,914,260. The trade was a 26.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 25,097,911 shares of company stock valued at $5,675,986,299 over the last quarter. 9.70% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research firms have commented on AMZN. JPMorgan Chase & Co. raised their price objective on Amazon.com from $255.00 to $265.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Truist Financial raised their price objective on Amazon.com from $226.00 to $250.00 and gave the stock a “buy” rating in a research note on Wednesday, July 2nd. Cantor Fitzgerald raised their price objective on Amazon.com from $260.00 to $280.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Needham & Company LLC restated a “buy” rating and set a $265.00 price objective on shares of Amazon.com in a research note on Friday, August 1st. Finally, JMP Securities restated a “market outperform” rating and set a $285.00 price objective on shares of Amazon.com in a research note on Friday, August 1st. Two investment analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $262.87.

Amazon.com Trading Down 1.1%

Shares of AMZN stock opened at $229.00 on Friday. The stock’s fifty day moving average price is $224.25 and its two-hundred day moving average price is $207.95. The company 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, Inc. has a fifty-two week low of $161.38 and a fifty-two 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 released its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, beating the consensus estimate of $1.31 by $0.37. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company had revenue of $167.70 billion for the quarter, compared to the consensus estimate of $161.80 billion. During the same quarter last year, the business posted $1.26 EPS. Amazon.com’s revenue for the quarter was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. Equities analysts predict 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.