Sterling Manor Financial LLC Has $753,000 Stock Position in Amazon.com, Inc. $AMZN

Sterling Manor Financial LLC lessened its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.8% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,430 shares of the e-commerce giant’s stock after selling 100 shares during the period. Amazon.com comprises approximately 0.5% of Sterling Manor Financial LLC’s investment portfolio, making the stock its 18th largest holding. Sterling Manor Financial LLC’s holdings in Amazon.com were worth $753,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Castlekeep Investment Advisors LLC purchased a new stake in Amazon.com in the fourth quarter worth about $25,000. Cooksen Wealth LLC acquired a new stake in shares of Amazon.com during the first quarter valued at about $36,000. Inlight Wealth Management LLC purchased a new stake in shares of Amazon.com during the 1st quarter worth approximately $40,000. Capitol Family Office Inc. purchased a new stake in shares of Amazon.com in the 1st quarter worth about $42,000. Finally, Harbor Investment Advisory LLC grew 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 valued at $58,000 after acquiring an additional 2,145 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Amazon.com Stock Performance

NASDAQ AMZN opened at $231.48 on Friday. The stock has a market capitalization of $2.47 trillion, a PE ratio of 35.29, a P/E/G ratio of 1.55 and a beta of 1.30. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52. 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 company’s 50 day simple moving average is $227.81 and its two-hundred day simple moving average is $209.43.

Amazon.com (NASDAQ:AMZN) last issued 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. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. During the same quarter in the prior year, the business earned $1.26 earnings per share. 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. Analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of the business’s stock in a transaction that occurred on 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 completion of the sale, the insider directly owned 897,722,088 shares in the company, valued at approximately $201,816,902,603.28. The trade was a 0.47% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last quarter, insiders sold 25,097,911 shares of company stock worth $5,676,032,574. Insiders own 9.70% of the company’s stock.

Analyst Ratings Changes

AMZN has been the topic of a number of research reports. Citigroup restated an “overweight” rating on shares of Amazon.com in a research report on Wednesday, August 13th. Deutsche Bank Aktiengesellschaft raised their price objective on Amazon.com from $230.00 to $266.00 in a research note on Tuesday, July 22nd. Needham & Company LLC reissued a “buy” rating and set a $265.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. 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. Finally, Wall Street Zen raised shares of Amazon.com from a “hold” rating to a “buy” rating in a research note on Saturday, August 2nd. Two equities 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 stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $263.30.

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.