Traction Financial Partners LLC Reduces Holdings in Amazon.com, Inc. $AMZN

Traction Financial Partners LLC lowered its position in Amazon.com, Inc. (NASDAQ:AMZN) by 25.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,501 shares of the e-commerce giant’s stock after selling 513 shares during the period. Traction Financial Partners LLC’s holdings in Amazon.com were worth $329,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of AMZN. Carderock Capital Management Inc. acquired a new position in shares of Amazon.com during the 2nd quarter worth approximately $27,000. Cooksen Wealth LLC purchased a new position in shares of Amazon.com during the 1st quarter worth $36,000. Inlight Wealth Management LLC acquired a new position in Amazon.com during the 1st quarter worth about $40,000. Capitol Family Office Inc. acquired a new position in Amazon.com during the 1st quarter worth about $42,000. Finally, Maryland Capital Advisors Inc. raised its position in 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. 72.20% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Amazon.com

In other news, CFO Brian T. Olsavsky sold 17,750 shares of the stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the sale, the chief financial officer directly owned 49,000 shares in the company, valued at approximately $10,914,260. This represents a 26.59% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP David Zapolsky sold 13,570 shares of the firm’s stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $222.76, for a total value of $3,022,853.20. Following the completion of the sale, the senior vice president owned 44,110 shares in the company, valued at approximately $9,825,943.60. This represents a 23.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 20,845,122 shares of company stock worth $4,731,747,929. Corporate insiders own 9.70% of the company’s stock.

Amazon.com Trading Down 1.3%

Shares of AMZN opened at $219.51 on Friday. The company has a market capitalization of $2.34 trillion, a P/E ratio of 33.46, a P/E/G ratio of 1.47 and a beta of 1.28. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The stock has a 50-day moving average price of $226.55 and a 200 day moving average price of $211.13.

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

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on AMZN shares. BNP Paribas raised Amazon.com from a “hold” rating to a “strong-buy” rating in a research report on Friday, June 27th. Roth Capital set a $250.00 target price on Amazon.com and gave the company a “buy” rating in a research note on Tuesday, July 8th. Wedbush restated an “outperform” rating and issued a $250.00 price target on shares of Amazon.com in a research note on Friday, September 19th. Zacks Research downgraded Amazon.com from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 19th. Finally, Moffett Nathanson boosted their target price on Amazon.com from $250.00 to $253.00 and gave the stock a “buy” rating in a research report on Tuesday, June 24th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Amazon.com currently has an average rating of “Buy” and an average price target of $266.26.

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.