Amazon.com, Inc. $AMZN Shares Sold by Wooster Corthell Wealth Management Inc.

Wooster Corthell Wealth Management Inc. lowered its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 4.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,721 shares of the e-commerce giant’s stock after selling 564 shares during the period. Amazon.com accounts for 0.5% of Wooster Corthell Wealth Management Inc.’s investment portfolio, making the stock its 28th largest holding. Wooster Corthell Wealth Management Inc.’s holdings in Amazon.com were worth $2,791,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of AMZN. S.A. Mason LLC increased its holdings in shares of Amazon.com by 4.5% in the 2nd quarter. S.A. Mason LLC now owns 5,025 shares of the e-commerce giant’s stock valued at $1,102,000 after purchasing an additional 216 shares in the last quarter. Ridgewood Investments LLC increased its holdings in shares of Amazon.com by 6.8% in the 2nd quarter. Ridgewood Investments LLC now owns 6,637 shares of the e-commerce giant’s stock valued at $1,456,000 after purchasing an additional 425 shares in the last quarter. Clear Harbor Asset Management LLC increased its holdings in shares of Amazon.com by 0.5% in the 2nd quarter. Clear Harbor Asset Management LLC now owns 100,251 shares of the e-commerce giant’s stock valued at $21,994,000 after purchasing an additional 488 shares in the last quarter. Maryland Capital Advisors Inc. increased its holdings in shares of Amazon.com by 81.9% in the 2nd quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock valued at $46,000 after purchasing an additional 95 shares in the last quarter. Finally, ABLE Financial Group LLC increased its holdings in shares of Amazon.com by 3.2% in the 2nd quarter. ABLE Financial Group LLC now owns 25,570 shares of the e-commerce giant’s stock valued at $5,610,000 after purchasing an additional 803 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently commented on AMZN. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Amazon.com from $230.00 to $266.00 in a research note on Tuesday, July 22nd. JMP Securities reissued a “market outperform” rating and issued a $285.00 price objective on shares of Amazon.com in a research note on Friday, August 1st. Sanford C. Bernstein set a $235.00 price objective on shares of Amazon.com and gave the company an “outperform” rating in a research note on Tuesday, July 1st. Needham & Company LLC reissued a “buy” rating and issued a $265.00 price objective on shares of Amazon.com in a research note on Friday, August 1st. Finally, Susquehanna increased their price objective on shares of Amazon.com from $225.00 to $260.00 and gave the company a “positive” rating in a research note on Friday, August 1st. Two investment analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Amazon.com presently has a consensus rating of “Buy” and a consensus target price of $265.09.

Amazon.com Price Performance

AMZN opened at $219.57 on Wednesday. The company’s 50 day simple moving average is $227.14 and its 200 day simple moving average is $210.58. 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. The stock has a market capitalization of $2.34 trillion, a PE ratio of 33.47, a P/E/G ratio of 1.48 and a beta of 1.30.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, topping 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 business had revenue of $167.70 billion for the quarter, compared to analysts’ expectations of $161.80 billion. During the same period last year, the company earned $1.26 earnings per share. The company’s quarterly revenue was up 13.3% on a year-over-year basis. 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 EPS for the current year.

Insiders Place Their Bets

In related news, CFO Brian T. Olsavsky sold 17,750 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $222.74, for a total value of $3,953,635.00. Following the sale, the chief financial officer directly owned 49,000 shares of the company’s stock, valued at approximately $10,914,260. This trade represents a 26.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Shelley Reynolds sold 2,715 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The stock was 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 $26,548,039.20. This represents a 2.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 21,770,485 shares of company stock valued at $4,938,795,968. 10.80% of the stock is currently owned by corporate insiders.

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.