Pacific Capital Wealth Advisors Inc. Lowers Stock Holdings in Amazon.com, Inc. $AMZN

Pacific Capital Wealth Advisors Inc. reduced its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 5.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,998 shares of the e-commerce giant’s stock after selling 341 shares during the period. Pacific Capital Wealth Advisors Inc.’s holdings in Amazon.com were worth $1,340,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Summit Financial Consulting LLC purchased a new position in Amazon.com in the second quarter valued at $220,000. Christopher J. Hasenberg Inc boosted its holdings in Amazon.com by 34.1% in the second quarter. Christopher J. Hasenberg Inc now owns 609 shares of the e-commerce giant’s stock valued at $134,000 after purchasing an additional 155 shares during the period. Woodstock Corp boosted its holdings in Amazon.com by 5.7% in the second quarter. Woodstock Corp now owns 33,774 shares of the e-commerce giant’s stock valued at $7,410,000 after purchasing an additional 1,813 shares during the period. Veracity Capital LLC boosted its holdings in Amazon.com by 1.7% in the second quarter. Veracity Capital LLC now owns 21,854 shares of the e-commerce giant’s stock valued at $4,795,000 after purchasing an additional 361 shares during the period. Finally, Clarus Wealth Advisors raised its stake in Amazon.com by 38.5% in the second quarter. Clarus Wealth Advisors now owns 7,580 shares of the e-commerce giant’s stock valued at $1,663,000 after buying an additional 2,107 shares in the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, VP Shelley Reynolds sold 2,715 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.64, for a total transaction of $601,752.60. Following the completion of the sale, the vice president directly owned 119,780 shares in the company, valued at approximately $26,548,039.20. This trade represents a 2.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Douglas J. Herrington sold 2,500 shares of the firm’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 of the company’s stock, 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. Insiders sold a total of 25,097,911 shares of company stock valued at $5,676,032,574 in the last ninety days. 10.80% of the stock is owned by company insiders.

Amazon.com Price Performance

AMZN opened at $231.48 on Monday. The firm has a market cap of $2.47 trillion, a price-to-earnings ratio of 35.29, a price-to-earnings-growth ratio of 1.55 and a beta of 1.31. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52. The company’s 50-day moving average price is $227.81 and its 200 day moving average price is $209.49. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, beating the consensus estimate 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 analyst estimates of $161.80 billion. During the same quarter last year, the business earned $1.26 earnings per share. Amazon.com’s revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. As a group, sell-side analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently commented on AMZN. Telsey Advisory Group reiterated an “outperform” rating and set a $265.00 target price on shares of Amazon.com in a research report on Wednesday, August 13th. Royal Bank Of Canada lifted their price objective on Amazon.com from $230.00 to $240.00 and gave the company an “outperform” rating in a report on Friday, August 1st. Moffett Nathanson boosted their price target on Amazon.com from $250.00 to $253.00 and gave the stock a “buy” rating in a research note on Tuesday, June 24th. Wall Street Zen upgraded Amazon.com from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. Finally, Citigroup reiterated an “overweight” rating on shares of Amazon.com in a report on Wednesday, August 13th. Two research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Amazon.com currently has an average rating of “Buy” and an average target price of $263.30.

Amazon.com 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.