Cambridge Advisors Inc. Sells 525 Shares of Amazon.com, Inc. $AMZN

Cambridge Advisors Inc. decreased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 10.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,446 shares of the e-commerce giant’s stock after selling 525 shares during the quarter. Cambridge Advisors Inc.’s holdings in Amazon.com were worth $975,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Carderock Capital Management Inc. purchased a new stake in shares of Amazon.com during the 2nd quarter valued at $27,000. Cooksen Wealth LLC bought a new stake in Amazon.com in the 1st quarter valued at about $36,000. Inlight Wealth Management LLC bought a new stake in Amazon.com in the 1st quarter valued at about $40,000. Capitol Family Office Inc. bought a new stake in Amazon.com in the 1st quarter valued at about $42,000. Finally, Maryland Capital Advisors Inc. raised its stake 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 acquiring an additional 95 shares during the period. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Stock Performance

Shares of NASDAQ AMZN opened at $221.78 on Wednesday. The stock has a market cap of $2.37 trillion, a price-to-earnings ratio of 33.81, a P/E/G ratio of 1.48 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 1-year low of $161.38 and a 1-year high of $242.52. The stock’s 50-day moving average is $226.13 and its 200 day moving average is $211.48.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data 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%.Amazon.com’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same period last year, the firm posted $1.26 EPS. Amazon.com has set its Q3 2025 guidance at EPS. On average, sell-side analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on AMZN shares. Robert W. Baird boosted their price objective on Amazon.com from $220.00 to $244.00 and gave the company an “outperform” rating in a research note on Monday, July 21st. Canaccord Genuity Group restated a “buy” rating and issued a $280.00 price objective on shares of Amazon.com in a research note on Friday, August 1st. Moffett Nathanson raised their target price on Amazon.com from $250.00 to $253.00 and gave the stock a “buy” rating in a research note on Tuesday, June 24th. Evercore ISI reaffirmed an “outperform” rating and set a $280.00 target price on shares of Amazon.com in a report on Wednesday, August 13th. Finally, Cantor Fitzgerald lifted their target price on Amazon.com from $260.00 to $280.00 and gave the company an “overweight” rating in a report on Friday, August 1st. Three investment 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’s stock. Based on data from MarketBeat.com, Amazon.com presently has an average rating of “Buy” and a consensus target price of $266.26.

Insider Buying and Selling

In other Amazon.com news, CEO Andrew R. Jassy sold 19,872 shares of Amazon.com stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.58, for a total value of $4,403,237.76. Following the transaction, the chief executive officer directly owned 2,178,502 shares of the company’s stock, valued at $482,712,473.16. The trade was a 0.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Matthew S. Garman sold 17,785 shares of Amazon.com stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $221.57, for a total value of $3,940,622.45. Following the completion of the transaction, the chief executive officer directly owned 3,138 shares in the company, valued at $695,286.66. This trade represents a 85.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 18,313,335 shares of company stock valued at $4,164,795,815 over the last quarter. Company insiders own 10.80% of the company’s stock.

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.