Amazon.com, Inc. $AMZN Shares Sold by Norden Group LLC

Norden Group LLC lessened its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 0.4% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 93,894 shares of the e-commerce giant’s stock after selling 401 shares during the period. Amazon.com comprises approximately 2.2% of Norden Group LLC’s portfolio, making the stock its 5th largest position. Norden Group LLC’s holdings in Amazon.com were worth $20,599,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of AMZN. Carderock Capital Management Inc. acquired a new position in shares of Amazon.com during the second quarter worth $27,000. Cooksen Wealth LLC acquired a new position in shares of Amazon.com during the first quarter worth $36,000. Inlight Wealth Management LLC acquired a new position in shares of Amazon.com during the first quarter worth $40,000. Capitol Family Office Inc. acquired a new position in shares of Amazon.com during the first quarter worth $42,000. Finally, Maryland Capital Advisors Inc. grew its stake 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 in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Stock Down 1.3%

AMZN stock opened at $219.51 on Friday. The firm has a market capitalization of $2.34 trillion, a P/E ratio of 33.46, a P/E/G ratio of 1.49 and a beta of 1.28. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81. The company’s 50 day simple moving average is $226.55 and its 200-day simple moving average is $211.02. Amazon.com, Inc. has a 52-week low of $161.38 and a 52-week 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, beating 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%. The company’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. As a group, equities research analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current year.

Insider Buying and Selling

In related news, CEO Douglas J. Herrington sold 2,500 shares of the firm’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 transaction, the chief executive officer directly owned 515,507 shares in the company, valued at approximately $111,916,569.70. This trade represents a 0.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, SVP David Zapolsky sold 13,570 shares of the stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $222.76, for a total transaction of $3,022,853.20. Following the completion of the sale, the senior vice president directly owned 44,110 shares of the company’s stock, valued at approximately $9,825,943.60. This trade represents a 23.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 20,845,122 shares of company stock valued at $4,731,747,929. 9.70% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. BNP Paribas upgraded shares of Amazon.com from a “hold” rating to a “strong-buy” rating in a research note on Friday, June 27th. Barclays boosted their price target on shares of Amazon.com from $240.00 to $275.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. Rosenblatt Securities boosted their price target on shares of Amazon.com from $288.00 to $297.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Cantor Fitzgerald boosted their price target on shares of Amazon.com from $260.00 to $280.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. Finally, JMP Securities reissued a “market outperform” rating and issued a $285.00 price target on shares of Amazon.com in a research report on Friday, August 1st. Three equities research 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 stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target 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.