Amazon.com, Inc. $AMZN Shares Sold by Steigerwald Gordon & Koch Inc.

Steigerwald Gordon & Koch Inc. trimmed its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 12,370 shares of the e-commerce giant’s stock after selling 125 shares during the quarter. Steigerwald Gordon & Koch Inc.’s holdings in Amazon.com were worth $2,714,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in AMZN. Western Wealth Management LLC increased its position in Amazon.com by 0.9% in the 1st quarter. Western Wealth Management LLC now owns 140,122 shares of the e-commerce giant’s stock valued at $26,660,000 after acquiring an additional 1,297 shares during the period. Flaharty Asset Management LLC increased its position in Amazon.com by 87.7% in the 1st quarter. Flaharty Asset Management LLC now owns 5,088 shares of the e-commerce giant’s stock valued at $968,000 after acquiring an additional 2,377 shares during the period. Barnes Dennig Private Wealth Management LLC acquired a new stake in Amazon.com in the 1st quarter valued at approximately $514,000. Border to Coast Pensions Partnership Ltd increased its position in Amazon.com by 6.0% in the 2nd quarter. Border to Coast Pensions Partnership Ltd now owns 1,136,311 shares of the e-commerce giant’s stock valued at $249,295,000 after acquiring an additional 63,924 shares during the period. Finally, Harbor Investment Advisory LLC increased its position in Amazon.com by 0.7% in the 1st quarter. Harbor Investment Advisory LLC now owns 304,091 shares of the e-commerce giant’s stock valued at $58,000 after acquiring an additional 2,145 shares during the period. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have issued reports on AMZN shares. Canaccord Genuity Group reaffirmed a “buy” rating and set a $280.00 price target on shares of Amazon.com in a research note on Friday, August 1st. Susquehanna increased their price target on Amazon.com from $225.00 to $260.00 and gave the company a “positive” rating in a research note on Friday, August 1st. HSBC increased their price target on Amazon.com from $256.00 to $260.00 and gave the company a “buy” rating in a research note on Monday. Wolfe Research increased their price target on Amazon.com from $265.00 to $270.00 in a research note on Tuesday. Finally, Citigroup reaffirmed an “overweight” rating on shares of Amazon.com in a research note on Wednesday, August 13th. Three research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $265.09.

Amazon.com Stock Performance

AMZN opened at $220.63 on Thursday. The firm has a market cap of $2.35 trillion, a PE ratio of 33.63, a P/E/G ratio of 1.47 and a beta of 1.28. The business has a fifty day simple moving average of $226.99 and a 200-day simple moving average of $210.65. 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, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52.

Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 EPS for the quarter, topping the consensus estimate of $1.31 by $0.37. The business had revenue of $167.70 billion during the quarter, compared to analysts’ expectations of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.Amazon.com’s revenue was up 13.3% compared to the same quarter last year. During the same quarter last year, the firm posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CFO Brian T. Olsavsky sold 17,750 shares of the firm’s stock in a transaction 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. This trade represents a 26.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, VP Shelley Reynolds sold 2,715 shares of the firm’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.64, for a total value of $601,752.60. Following the completion of the sale, the vice president directly owned 119,780 shares of the company’s stock, valued at approximately $26,548,039.20. This trade represents a 2.22% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 20,842,622 shares of company stock valued at $4,731,205,179 over the last quarter. 9.70% of the stock is owned by insiders.

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.