Amazon.com, Inc. $AMZN Shares Sold by TCI Wealth Advisors Inc.

TCI Wealth Advisors Inc. lessened its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.2% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 41,692 shares of the e-commerce giant’s stock after selling 943 shares during the period. Amazon.com accounts for approximately 0.6% of TCI Wealth Advisors Inc.’s investment portfolio, making the stock its 26th biggest position. TCI Wealth Advisors Inc.’s holdings in Amazon.com were worth $9,147,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. raised its position in shares of Amazon.com by 1.1% during the 1st quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock worth $158,348,557,000 after purchasing an additional 8,913,959 shares during the last quarter. Kingstone Capital Partners Texas LLC raised its position in shares of Amazon.com by 542,733.6% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 132,641,388 shares of the e-commerce giant’s stock worth $29,100,194,000 after purchasing an additional 132,616,953 shares during the last quarter. Northern Trust Corp raised its position in shares of Amazon.com by 0.3% during the 1st quarter. Northern Trust Corp now owns 97,379,134 shares of the e-commerce giant’s stock worth $18,527,354,000 after purchasing an additional 302,858 shares during the last quarter. Nuveen LLC acquired a new position in shares of Amazon.com during the 1st quarter worth about $11,674,091,000. Finally, Charles Schwab Investment Management Inc. raised its holdings in Amazon.com by 1.0% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 60,243,622 shares of the e-commerce giant’s stock valued at $11,461,952,000 after acquiring an additional 605,415 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Stock Up 0.4%

Amazon.com stock opened at $221.78 on Wednesday. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week 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 firm has a 50 day moving average price of $226.13 and a 200 day moving average price of $211.48. The company has a market capitalization of $2.37 trillion, a PE ratio of 33.81, a price-to-earnings-growth ratio of 1.48 and a beta of 1.28.

Amazon.com (NASDAQ:AMZN) last posted its earnings results 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. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The firm had revenue of $167.70 billion during the quarter, compared to the consensus estimate of $161.80 billion. During the same quarter last year, the firm earned $1.26 EPS. The firm’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. Research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Transactions at Amazon.com

In related news, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $221.58, for a total value of $4,403,237.76. Following the completion of the sale, the chief executive officer owned 2,178,502 shares in the company, valued at approximately $482,712,473.16. This trade represents a 0.90% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Douglas J. Herrington sold 2,500 shares of Amazon.com stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $217.10, for a total transaction of $542,750.00. Following the completion of the sale, the chief executive officer owned 515,507 shares of the company’s stock, valued at $111,916,569.70. This trade represents a 0.48% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 18,313,335 shares of company stock worth $4,164,795,815 in the last three months. Company insiders own 10.80% of the company’s stock.

Wall Street Analysts Forecast Growth

AMZN has been the topic of several recent research reports. Wedbush restated an “outperform” rating and set a $250.00 target price on shares of Amazon.com in a report on Friday, September 19th. Cowen reaffirmed a “buy” rating on shares of Amazon.com in a report on Friday, August 1st. Wall Street Zen raised Amazon.com from a “hold” rating to a “buy” rating in a report on Saturday, August 2nd. Deutsche Bank Aktiengesellschaft increased their price target on Amazon.com from $230.00 to $266.00 in a report on Tuesday, July 22nd. Finally, Pivotal Research increased their price target on Amazon.com from $260.00 to $285.00 and gave the company a “buy” rating in a report on Friday, August 1st. Three research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $266.26.

Amazon.com Company 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.