Amazon.com, Inc. $AMZN Shares Sold by Kaufman Rossin Wealth LLC

Kaufman Rossin Wealth LLC cut its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 2.4% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 3,476 shares of the e-commerce giant’s stock after selling 87 shares during the period. Kaufman Rossin Wealth LLC’s holdings in Amazon.com were worth $763,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of AMZN. Carderock Capital Management Inc. purchased a new stake in shares of Amazon.com during the 2nd quarter valued at $27,000. Cooksen Wealth LLC purchased a new stake in shares of Amazon.com during the 1st quarter valued at $36,000. Inlight Wealth Management LLC purchased a new stake in shares of Amazon.com during the 1st quarter valued at $40,000. Capitol Family Office Inc. purchased a new stake in shares of Amazon.com during the 1st quarter valued at $42,000. Finally, Ryan Investment Management Inc. purchased a new stake in shares of Amazon.com during the 2nd quarter valued at $48,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Amazon.com Stock Performance

Shares of Amazon.com stock opened at $219.78 on Monday. The firm has a market cap of $2.34 trillion, a PE ratio of 33.50, a price-to-earnings-growth ratio of 1.47 and a beta of 1.31. The firm’s 50-day simple moving average is $227.44 and its 200-day simple moving average is $210.35. 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, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, topping the consensus estimate of $1.31 by $0.37. The firm had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. Amazon.com’s quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. Equities analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Roth Capital set a $250.00 price target on shares of Amazon.com and gave the stock a “buy” rating in a research report on Tuesday, July 8th. Monness Crespi & Hardt upped their price target on shares of Amazon.com from $265.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. HSBC upped their price objective on shares of Amazon.com from $240.00 to $256.00 in a research report on Tuesday, July 22nd. Wedbush reissued an “outperform” rating and issued a $250.00 price objective on shares of Amazon.com in a research report on Friday, September 19th. Finally, Oppenheimer decreased their price objective on shares of Amazon.com from $250.00 to $245.00 and set an “outperform” rating for the company in a research report on Friday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $264.04.

Insider Activity

In other news, insider Jeffrey P. Bezos sold 4,273,237 shares of the stock in a transaction that occurred on Friday, July 11th. The shares were sold at an average price of $224.81, for a total value of $960,666,409.97. Following the completion of the transaction, the insider directly owned 897,722,088 shares in the company, valued at $201,816,902,603.28. This trade represents a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have sold 21,772,985 shares of company stock valued at $4,939,346,118 in the last ninety days. Company insiders own 10.80% 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.