Lindenwold Advisors INC lowered its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 10.1% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,628 shares of the e-commerce giant’s stock after selling 2,100 shares during the period. Amazon.com makes up approximately 2.0% of Lindenwold Advisors INC’s portfolio, making the stock its 13th biggest holding. Lindenwold Advisors INC’s holdings in Amazon.com were worth $3,544,000 at the end of the most recent reporting period.
A number of other hedge funds also recently made changes to their positions in the stock. Bank of Jackson Hole Trust grew its stake in shares of Amazon.com by 2.7% during the 1st quarter. Bank of Jackson Hole Trust now owns 16,585 shares of the e-commerce giant’s stock valued at $3,155,000 after buying an additional 438 shares during the period. Howland Capital Management LLC raised its position in shares of Amazon.com by 91.2% in the 1st quarter. Howland Capital Management LLC now owns 140,331 shares of the e-commerce giant’s stock worth $26,699,000 after buying an additional 66,937 shares during the period. Lynwood Price Capital Management LP boosted its holdings in Amazon.com by 35.9% in the first quarter. Lynwood Price Capital Management LP now owns 104,000 shares of the e-commerce giant’s stock valued at $19,787,000 after acquiring an additional 27,500 shares during the last quarter. Nicolet Advisory Services LLC grew its position in Amazon.com by 1.1% during the first quarter. Nicolet Advisory Services LLC now owns 53,116 shares of the e-commerce giant’s stock valued at $9,626,000 after acquiring an additional 593 shares during the period. Finally, Momentous Wealth Management Inc. increased its stake in Amazon.com by 10.4% during the first quarter. Momentous Wealth Management Inc. now owns 3,768 shares of the e-commerce giant’s stock worth $717,000 after acquiring an additional 356 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts have recently weighed in on AMZN shares. BNP Paribas Exane raised Amazon.com from a “neutral” rating to an “outperform” rating and set a $254.00 price objective on the stock in a research note on Friday, June 27th. BNP Paribas raised shares of Amazon.com from a “hold” rating to a “strong-buy” rating in a research report on Friday, June 27th. Telsey Advisory Group reiterated an “outperform” rating and set a $265.00 price objective on shares of Amazon.com in a research note on Wednesday, August 13th. Wall Street Zen raised shares of Amazon.com from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. Finally, Cantor Fitzgerald raised their target price on shares of Amazon.com from $260.00 to $280.00 and gave the company an “overweight” rating in a research note 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 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 Stock Performance
NASDAQ:AMZN opened at $229.00 on Monday. The firm has a 50-day moving average of $224.25 and a two-hundred day moving average of $207.79. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The stock has a market cap of $2.44 trillion, a P/E ratio of 34.91, a PEG ratio of 1.54 and a beta of 1.31. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $242.52.
Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its earnings results 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 analyst estimates 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 for the quarter was up 13.3% compared to the same quarter last year. During the same period in the previous year, the company earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. On average, research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.
Insider Activity at Amazon.com
In related news, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $221.58, for a total value of $4,403,237.76. Following the completion of the sale, the chief executive officer owned 2,178,502 shares in the company, valued at approximately $482,712,473.16. The trade was a 0.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Brian T. Olsavsky sold 17,750 shares of the company’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the completion of the sale, the chief financial officer directly owned 49,000 shares in the company, valued at $10,914,260. This represents a 26.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 25,095,411 shares of company stock worth $5,675,473,849 over the last ninety days. Company insiders own 10.80% of the company’s stock.
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.
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