Amazon.com, Inc. $AMZN Shares Sold by Main Street Group LTD

Main Street Group LTD lessened its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.1% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 10,883 shares of the e-commerce giant’s stock after selling 119 shares during the quarter. Amazon.com comprises about 0.8% of Main Street Group LTD’s investment portfolio, making the stock its 14th biggest position. Main Street Group LTD’s holdings in Amazon.com were worth $2,388,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Carderock Capital Management Inc. acquired a new stake in Amazon.com during the 2nd quarter valued at $27,000. Cooksen Wealth LLC acquired a new stake in shares of Amazon.com during the first quarter worth $36,000. Inlight Wealth Management LLC acquired a new stake in shares of Amazon.com during the first quarter worth $40,000. Capitol Family Office Inc. acquired a new stake in shares of Amazon.com during the first quarter worth $42,000. Finally, Maryland Capital Advisors Inc. boosted its holdings in shares of Amazon.com by 81.9% during the second quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock worth $46,000 after purchasing an additional 95 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insider Activity

In other Amazon.com news, VP Shelley Reynolds sold 2,715 shares of the company’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 transaction, the vice president owned 119,780 shares of the company’s stock, valued at approximately $26,548,039.20. This represents a 2.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Douglas J. Herrington sold 2,500 shares of the company’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $217.10, for a total value of $542,750.00. Following the completion of the transaction, the chief executive officer directly owned 515,507 shares in the company, valued at $111,916,569.70. This represents a 0.48% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 20,845,122 shares of company stock valued at $4,731,747,929 over the last 90 days. Corporate insiders own 9.70% of the company’s stock.

Amazon.com Stock Performance

AMZN opened at $219.51 on Friday. The business’s 50 day moving average is $226.55 and its 200-day moving average is $211.02. The stock has a market cap of $2.34 trillion, a PE ratio of 33.46, a price-to-earnings-growth ratio of 1.49 and a beta of 1.28. 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, Inc. has a twelve month low of $161.38 and a twelve month high of $242.52.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, beating analysts’ consensus estimates of $1.31 by $0.37. The company had revenue of $167.70 billion for 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%.The business’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. On average, analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. Wolfe Research raised their price objective on Amazon.com from $265.00 to $270.00 in a report on Tuesday. Moffett Nathanson raised their price objective on Amazon.com from $250.00 to $253.00 and gave the stock a “buy” rating in a report on Tuesday, June 24th. Monness Crespi & Hardt increased their target price on Amazon.com from $265.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Roth Capital set a $250.00 target price on Amazon.com and gave the stock a “buy” rating in a research report on Tuesday, July 8th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Amazon.com in a research report on Wednesday, September 10th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $266.26.

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.