ORG Wealth Partners LLC lessened its position in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 3.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 25,618 shares of the e-commerce giant’s stock after selling 1,038 shares during the quarter. Amazon.com comprises 1.5% of ORG Wealth Partners LLC’s holdings, making the stock its 7th largest position. ORG Wealth Partners LLC’s holdings in Amazon.com were worth $5,648,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also made changes to their positions in AMZN. Brighton Jones LLC lifted its position in shares of Amazon.com by 10.9% in the fourth quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant’s stock valued at $885,478,000 after acquiring an additional 397,007 shares in the last quarter. Revolve Wealth Partners LLC increased its holdings in shares of Amazon.com by 4.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant’s stock valued at $5,495,000 after purchasing an additional 986 shares during the last quarter. Bank Pictet & Cie Europe AG increased its holdings in shares of Amazon.com by 2.8% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant’s stock valued at $442,481,000 after purchasing an additional 54,987 shares during the last quarter. Highview Capital Management LLC DE increased its holdings in shares of Amazon.com by 5.5% in the fourth quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant’s stock valued at $6,357,000 after purchasing an additional 1,518 shares during the last quarter. Finally, Liberty Square Wealth Partners LLC acquired a new stake in shares of Amazon.com in the fourth quarter valued at approximately $2,153,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.
Analyst Ratings Changes
Several research firms recently commented on AMZN. Moffett Nathanson increased their price target on Amazon.com from $250.00 to $253.00 and gave the company a “buy” rating in a report on Tuesday, June 24th. Wedbush reaffirmed an “outperform” rating and issued a $250.00 price target on shares of Amazon.com in a report on Friday, September 19th. Westpark Capital reaffirmed a “buy” rating and issued a $280.00 price target on shares of Amazon.com in a report on Friday, August 1st. Zacks Research cut Amazon.com from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 19th. Finally, Telsey Advisory Group reissued an “outperform” rating and set a $265.00 target price on shares of Amazon.com in a research note on Wednesday, September 24th. Three 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 stock. According to data from MarketBeat, Amazon.com presently has an average rating of “Buy” and an average target price of $266.26.
Insider Transactions at Amazon.com
In related news, SVP David Zapolsky sold 13,570 shares of Amazon.com stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $222.76, for a total value of $3,022,853.20. Following the completion of the transaction, the senior vice president directly owned 44,110 shares in the company, valued at approximately $9,825,943.60. This trade represents a 23.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Brian T. Olsavsky sold 17,750 shares of Amazon.com stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $222.74, for a total value of $3,953,635.00. Following the completion of the transaction, the chief financial officer owned 49,000 shares of the company’s stock, valued at approximately $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. Insiders sold a total of 14,040,098 shares of company stock valued at $3,204,129,405 in the last 90 days. Insiders own 9.70% of the company’s stock.
Amazon.com Trading Up 1.1%
Shares of NASDAQ AMZN opened at $227.74 on Friday. Amazon.com, Inc. has a twelve month low of $161.38 and a twelve month high of $242.52. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.15. The stock has a fifty day simple moving average of $225.90 and a 200-day simple moving average of $211.75. The stock has a market capitalization of $2.43 trillion, a PE ratio of 34.72, a PEG ratio of 1.51 and a beta of 1.28.
Amazon.com (NASDAQ:AMZN – Get Free Report) last issued 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. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.The business had revenue of $167.70 billion during the quarter, compared to analysts’ expectations of $161.80 billion. During the same period in the previous year, the firm posted $1.26 earnings per share. The company’s revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities analysts forecast that Amazon.com, Inc. will post 6.31 earnings per share for the current year.
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.
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