HMS Capital Management LLC Trims Stake in Amazon.com, Inc. $AMZN

HMS Capital Management LLC trimmed its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,922 shares of the e-commerce giant’s stock after selling 342 shares during the quarter. Amazon.com comprises about 1.5% of HMS Capital Management LLC’s holdings, making the stock its 14th largest position. HMS Capital Management LLC’s holdings in Amazon.com were worth $3,274,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Bare Financial Services Inc boosted its holdings in shares of Amazon.com by 5.4% in the 1st quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant’s stock worth $177,000 after purchasing an additional 48 shares in the last quarter. Talisman Wealth Advisors LLC boosted its holdings in shares of Amazon.com by 1.2% in the 4th quarter. Talisman Wealth Advisors LLC now owns 4,647 shares of the e-commerce giant’s stock worth $1,020,000 after purchasing an additional 53 shares in the last quarter. SWAN Capital LLC boosted its holdings in shares of Amazon.com by 3.1% in the 4th quarter. SWAN Capital LLC now owns 1,804 shares of the e-commerce giant’s stock worth $396,000 after purchasing an additional 55 shares in the last quarter. Hamel Associates Inc. boosted its holdings in shares of Amazon.com by 1.4% in the 1st quarter. Hamel Associates Inc. now owns 4,100 shares of the e-commerce giant’s stock worth $780,000 after purchasing an additional 55 shares in the last quarter. Finally, Clifford Group LLC boosted its holdings in shares of Amazon.com by 0.4% in the 1st quarter. Clifford Group LLC now owns 13,605 shares of the e-commerce giant’s stock worth $2,589,000 after purchasing an additional 55 shares in the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Amazon.com Stock Down 0.2%

Shares of NASDAQ:AMZN opened at $231.23 on Friday. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week high of $242.52. The firm has a market capitalization of $2.47 trillion, a P/E ratio of 35.25, a P/E/G ratio of 1.55 and a beta of 1.30. The stock has a 50 day moving average price of $227.68 and a 200-day moving average price of $209.23. 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 announced its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.31 by $0.37. The firm had revenue of $167.70 billion during 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 business’s revenue was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on AMZN. Cowen reiterated a “buy” rating on shares of Amazon.com in a report on Friday, August 1st. Robert W. Baird upped their price objective on Amazon.com from $220.00 to $244.00 and gave the stock an “outperform” rating in a report on Monday, July 21st. Bank of America upped their price objective on Amazon.com from $265.00 to $272.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Barclays upped their price objective on Amazon.com from $240.00 to $275.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Finally, Sanford C. Bernstein set a $235.00 price objective on Amazon.com and gave the stock an “outperform” rating in a report on Tuesday, July 1st. Two research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $263.30.

Insider Buying and Selling

In related news, SVP David Zapolsky sold 13,570 shares of the company’s stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $222.76, for a total value of $3,022,853.20. Following the sale, the senior vice president owned 44,110 shares in the company, valued at $9,825,943.60. This represents a 23.53% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, VP Shelley Reynolds sold 2,715 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.64, for a total value of $601,752.60. Following the completion of the sale, the vice president owned 119,780 shares in the company, valued at $26,548,039.20. The trade was a 2.22% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 25,097,911 shares of company stock worth $5,676,032,574 over the last three months. Corporate insiders own 9.70% 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.