Sprinkle Financial Consultants LLC Decreases Stake in Amazon.com, Inc. $AMZN

Sprinkle Financial Consultants LLC lowered its position in Amazon.com, Inc. (NASDAQ:AMZN) by 4.6% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 11,295 shares of the e-commerce giant’s stock after selling 541 shares during the quarter. Amazon.com comprises 1.5% of Sprinkle Financial Consultants LLC’s investment portfolio, making the stock its 18th largest holding. Sprinkle Financial Consultants LLC’s holdings in Amazon.com were worth $2,478,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in Amazon.com by 1.1% during the 1st quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock valued at $158,348,557,000 after buying an additional 8,913,959 shares in the last quarter. Kingstone Capital Partners Texas LLC grew its holdings in Amazon.com by 542,733.6% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 132,641,388 shares of the e-commerce giant’s stock valued at $29,100,194,000 after buying an additional 132,616,953 shares in the last quarter. Northern Trust Corp grew its holdings in Amazon.com by 0.3% during the 1st quarter. Northern Trust Corp now owns 97,379,134 shares of the e-commerce giant’s stock valued at $18,527,354,000 after buying an additional 302,858 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Amazon.com by 14.1% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 65,975,984 shares of the e-commerce giant’s stock valued at $14,474,471,000 after buying an additional 8,142,030 shares in the last quarter. Finally, Nuveen LLC purchased a new position in Amazon.com during the 1st quarter valued at about $11,674,091,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on AMZN shares. Pivotal Research lifted their target price on Amazon.com from $260.00 to $285.00 and gave the company a “buy” rating in a report on Friday, August 1st. Cantor Fitzgerald lifted their target price on Amazon.com from $260.00 to $280.00 and gave the company an “overweight” rating in a report on Friday, August 1st. Oppenheimer reduced their target price on Amazon.com from $250.00 to $245.00 and set an “outperform” rating for the company in a report on Friday, August 1st. Zacks Research lowered Amazon.com from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 19th. Finally, Monness Crespi & Hardt lifted their price target on Amazon.com from $265.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Two analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $264.04.

Insider Buying and Selling

In related news, CEO Andrew R. Jassy sold 19,872 shares of the business’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.58, for a total value of $4,403,237.76. Following the completion of the sale, the chief executive officer owned 2,178,502 shares in the company, valued at $482,712,473.16. The trade was a 0.90% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Brian T. Olsavsky sold 17,750 shares of the business’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $222.74, for a total value of $3,953,635.00. Following the completion of the sale, the chief financial officer owned 49,000 shares of the company’s stock, valued at $10,914,260. The trade was a 26.59% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 21,772,985 shares of company stock worth $4,939,346,118 over the last ninety days. Corporate insiders own 10.80% of the company’s stock.

Amazon.com Stock Performance

Shares of AMZN opened at $219.78 on Monday. The stock has a 50-day moving average price of $227.44 and a 200-day moving average price of $210.35. The company 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. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $242.52. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15.

Amazon.com (NASDAQ:AMZN) last released 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. The company had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.Amazon.com’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

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.