Diversified Enterprises LLC Cuts Stock Position in Amazon.com, Inc. $AMZN

Diversified Enterprises LLC lowered its position in Amazon.com, Inc. (NASDAQ:AMZN) by 3.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 22,022 shares of the e-commerce giant’s stock after selling 877 shares during the period. Amazon.com makes up about 0.4% of Diversified Enterprises LLC’s portfolio, making the stock its 27th largest position. Diversified Enterprises LLC’s holdings in Amazon.com were worth $4,831,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of AMZN. Kingstone Capital Partners Texas LLC lifted its stake in 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 valued at $29,100,194,000 after acquiring an additional 132,616,953 shares during the period. Nuveen LLC purchased a new stake in shares of Amazon.com during the first quarter worth $11,674,091,000. Goldman Sachs Group Inc. grew its holdings in shares of Amazon.com by 21.3% in the first quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant’s stock valued at $11,017,657,000 after purchasing an additional 10,176,835 shares during the period. Vanguard Group Inc. lifted its position in Amazon.com by 1.1% in the first quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock valued at $158,348,557,000 after buying an additional 8,913,959 shares during the last quarter. Finally, Amundi lifted its position in Amazon.com by 15.1% in the first quarter. Amundi now owns 55,337,037 shares of the e-commerce giant’s stock valued at $9,884,098,000 after buying an additional 7,267,277 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

AMZN has been the topic of several research reports. Monness Crespi & Hardt increased their price target on shares of Amazon.com from $265.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Rosenblatt Securities increased their price target on Amazon.com from $288.00 to $297.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Stifel Nicolaus raised their target price on Amazon.com from $245.00 to $262.00 and gave the company a “buy” rating in a report on Tuesday, July 29th. BMO Capital Markets lifted their price target on Amazon.com from $270.00 to $280.00 and gave the stock an “outperform” rating in a research note on Friday, August 1st. Finally, The Goldman Sachs Group lifted their price target on Amazon.com from $240.00 to $275.00 and gave the company a “buy” rating in a report on Friday, October 3rd. Three research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $266.26.

Amazon.com Trading Up 1.1%

NASDAQ:AMZN opened at $227.74 on Friday. 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 market cap of $2.43 trillion, a price-to-earnings ratio of 34.72, a PEG ratio of 1.51 and a beta of 1.28. The business has a fifty day moving average of $225.90 and a 200-day moving average of $211.75. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year high of $242.52.

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 the consensus estimate 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 analyst estimates of $161.80 billion. During the same quarter in the prior 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. Equities analysts predict that Amazon.com, Inc. will post 6.31 earnings per share for the current year.

Insider Transactions at Amazon.com

In other Amazon.com news, CEO Andrew R. Jassy sold 19,872 shares of the company’s stock in a transaction dated 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. This represents a 0.90% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Brian T. Olsavsky sold 17,750 shares of the stock in a transaction dated 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 transaction, 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 disclosure for this sale can be found here. In the last 90 days, insiders sold 14,040,098 shares of company stock worth $3,204,129,405. 9.70% of the stock is currently owned by company insiders.

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.