Amazon.com, Inc. $AMZN Stake Lowered by Cresta Advisors Ltd.

Cresta Advisors Ltd. cut its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,494 shares of the e-commerce giant’s stock after selling 100 shares during the quarter. Amazon.com makes up 1.4% of Cresta Advisors Ltd.’s portfolio, making the stock its 17th largest holding. Cresta Advisors Ltd.’s holdings in Amazon.com were worth $2,960,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently made changes to their positions in the stock. Carderock Capital Management Inc. bought a new position in Amazon.com in the 2nd quarter worth approximately $27,000. Cooksen Wealth LLC bought a new position in Amazon.com in the 1st quarter worth approximately $36,000. Inlight Wealth Management LLC bought a new position in Amazon.com in the 1st quarter worth approximately $40,000. Capitol Family Office Inc. bought a new position in Amazon.com in the 1st quarter worth approximately $42,000. Finally, Maryland Capital Advisors Inc. grew its holdings 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 worth $46,000 after buying an additional 95 shares in the last quarter. 72.20% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, VP Shelley Reynolds sold 2,715 shares of the company’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $221.64, for a total value of $601,752.60. Following the transaction, the vice president directly 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 legal filing with the SEC, which can be accessed through this link. Also, CFO Brian T. Olsavsky sold 17,750 shares of the company’s stock in a transaction 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 completion of the transaction, the chief financial officer directly owned 49,000 shares in the company, valued at $10,914,260. This trade represents a 26.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 18,313,335 shares of company stock valued at $4,164,795,815. 10.80% of the stock is currently owned by company insiders.

Amazon.com Price Performance

AMZN opened at $221.78 on Wednesday. The stock has a fifty day moving average of $226.13 and a 200-day moving average of $211.48. The firm has a market capitalization of $2.37 trillion, a P/E ratio of 33.81, a PEG ratio of 1.48 and a beta of 1.28. Amazon.com, Inc. has a 12-month low of $161.38 and a 12-month high of $242.52. 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 (NASDAQ:AMZN) last released its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.31 by $0.37. The company had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The company’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. Equities analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Jefferies Financial Group reissued a “buy” rating on shares of Amazon.com in a report on Thursday, September 11th. Zacks Research lowered Amazon.com from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 19th. Pivotal Research increased their price objective on Amazon.com from $260.00 to $285.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Robert W. Baird increased their price objective on Amazon.com from $220.00 to $244.00 and gave the stock an “outperform” rating in a report on Monday, July 21st. Finally, Barclays upped their target price on Amazon.com from $240.00 to $275.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. 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 company’s stock. According to data from MarketBeat, Amazon.com currently has an average 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.