Ancora Advisors LLC Sells 144,519 Shares of Amazon.com, Inc. $AMZN

Ancora Advisors LLC lowered its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 46.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 167,817 shares of the e-commerce giant’s stock after selling 144,519 shares during the quarter. Ancora Advisors LLC’s holdings in Amazon.com were worth $31,929,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of AMZN. Castlekeep Investment Advisors LLC purchased a new position in Amazon.com in the fourth quarter worth $25,000. Cooksen Wealth LLC purchased a new position in Amazon.com in the first quarter worth $36,000. Inlight Wealth Management LLC purchased a new position in Amazon.com in the first quarter worth $40,000. Capitol Family Office Inc. purchased a new position in Amazon.com in the first quarter worth $42,000. Finally, Harbor Investment Advisory LLC boosted its position in Amazon.com by 0.7% in the first quarter. Harbor Investment Advisory LLC now owns 304,091 shares of the e-commerce giant’s stock worth $58,000 after purchasing an additional 2,145 shares during the last quarter. Institutional investors own 72.20% of the company’s stock.

Amazon.com Price Performance

Shares of NASDAQ AMZN opened at $228.15 on Friday. The firm has a market capitalization of $2.43 trillion, a P/E ratio of 34.78, a P/E/G ratio of 1.54 and a beta of 1.30. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The stock’s 50-day simple moving average is $226.87 and its two-hundred day simple moving average is $208.62. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $242.52.

Amazon.com (NASDAQ:AMZN) last announced its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share 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 quarterly revenue was up 13.3% compared to the same quarter last year. During the same period in the prior year, the company earned $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Piper Sandler boosted their price objective on Amazon.com from $250.00 to $255.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. Telsey Advisory Group reissued an “outperform” rating and issued a $265.00 price objective on shares of Amazon.com in a research report on Wednesday, August 13th. Roth Capital set a $250.00 price objective on Amazon.com and gave the stock a “buy” rating in a research report on Tuesday, July 8th. DA Davidson upped their price target on Amazon.com from $230.00 to $265.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Finally, JMP Securities reaffirmed a “market outperform” rating and set a $285.00 price target on shares of Amazon.com in a research report on Friday, August 1st. Two 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’s stock. Based on data from MarketBeat, Amazon.com has a consensus rating of “Buy” and an average price target of $262.87.

Insiders Place Their Bets

In other Amazon.com news, insider Jeffrey P. Bezos sold 4,273,237 shares of the company’s stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $224.81, for a total value of $960,666,409.97. Following the transaction, the insider directly owned 897,722,088 shares in the company, valued at $201,816,902,603.28. This represents a 0.47% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last 90 days, insiders sold 25,097,911 shares of company stock valued at $5,676,032,574. 9.70% of the stock is owned by corporate 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.