Amazon.com, Inc. $AMZN Shares Sold by Norman Fields Gottscho Capital Management LLC

Norman Fields Gottscho Capital Management LLC cut its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 41,911 shares of the e-commerce giant’s stock after selling 406 shares during the period. Amazon.com accounts for 3.0% of Norman Fields Gottscho Capital Management LLC’s holdings, making the stock its 9th largest position. Norman Fields Gottscho Capital Management LLC’s holdings in Amazon.com were worth $9,195,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the business. Cooksen Wealth LLC bought a new stake in shares of Amazon.com during the first quarter worth $36,000. Inlight Wealth Management LLC bought a new stake in shares of Amazon.com during the first quarter worth about $40,000. Capitol Family Office Inc. bought a new stake in shares of Amazon.com during the first quarter worth about $42,000. MJT & Associates Financial Advisory Group Inc. bought a new stake in Amazon.com in the 1st quarter worth about $59,000. Finally, von Borstel & Associates Inc. purchased a new position in Amazon.com in the first quarter valued at about $66,000. 72.20% of the stock is owned by institutional investors.

Amazon.com Trading Up 0.1%

NASDAQ AMZN opened at $231.48 on Monday. The firm’s 50-day moving average is $227.81 and its two-hundred day moving average is $209.49. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month 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 stock has a market capitalization of $2.47 trillion, a P/E ratio of 35.29, a PEG ratio of 1.55 and a beta of 1.31.

Amazon.com (NASDAQ:AMZN) last posted its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, beating 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 company had revenue of $167.70 billion for the quarter, compared to analysts’ expectations of $161.80 billion. During the same quarter in the prior year, the company posted $1.26 earnings per share. Amazon.com’s revenue for the quarter was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. On average, sell-side analysts anticipate that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Buying and Selling at Amazon.com

In other news, CEO Andrew R. Jassy sold 19,872 shares of the 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 sale, the chief executive officer owned 2,178,502 shares of the company’s stock, valued at approximately $482,712,473.16. This represents a 0.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Douglas J. Herrington sold 2,500 shares of the company’s stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $223.49, for a total transaction of $558,725.00. Following the sale, the chief executive officer owned 518,007 shares in the company, valued at $115,769,384.43. The trade was a 0.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 25,097,911 shares of company stock valued at $5,676,032,574. Corporate insiders own 10.80% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on AMZN shares. DA Davidson increased their price target on shares of Amazon.com from $230.00 to $265.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Needham & Company LLC reaffirmed a “buy” rating and issued a $265.00 target price on shares of Amazon.com in a report on Friday, August 1st. Evercore ISI reaffirmed an “outperform” rating and set a $280.00 target price on shares of Amazon.com in a report on Wednesday, August 13th. Barclays upped their target price on shares of Amazon.com from $240.00 to $275.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. Finally, Moffett Nathanson raised their target price on shares of Amazon.com from $250.00 to $253.00 and gave the stock a “buy” rating in a report on Tuesday, June 24th. Two equities research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Amazon.com currently has a consensus rating of “Buy” and a consensus price target 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.