Amazon.com, Inc. $AMZN Position Trimmed by CWA Asset Management Group LLC

CWA Asset Management Group LLC lessened its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 245,011 shares of the e-commerce giant’s stock after selling 7,269 shares during the period. Amazon.com makes up about 2.3% of CWA Asset Management Group LLC’s portfolio, making the stock its 4th biggest position. CWA Asset Management Group LLC’s holdings in Amazon.com were worth $53,753,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of the stock. 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 acquired a new stake in Amazon.com during the 1st quarter valued at approximately $11,674,091,000. Goldman Sachs Group Inc. lifted its stake in Amazon.com by 21.3% during the 1st 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 acquiring an additional 10,176,835 shares during the period. Vanguard Group Inc. lifted its stake in 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 valued at $158,348,557,000 after acquiring an additional 8,913,959 shares during the period. Finally, Amundi lifted its stake in Amazon.com by 15.1% during the 1st quarter. Amundi now owns 55,337,037 shares of the e-commerce giant’s stock valued at $9,884,098,000 after acquiring an additional 7,267,277 shares during the period. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Insider Transactions at Amazon.com

In related news, SVP David Zapolsky sold 13,570 shares of the company’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $222.76, for a total value of $3,022,853.20. Following the completion of the sale, the senior vice president owned 44,110 shares of the company’s stock, valued at approximately $9,825,943.60. This represents a 23.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Douglas J. Herrington sold 2,500 shares of the company’s stock in a transaction dated 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 transaction, the chief executive officer directly owned 515,507 shares in the company, valued at $111,916,569.70. The trade was a 0.48% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 14,040,098 shares of company stock valued at $3,204,129,405 in the last three months. 9.70% of the stock is currently owned by corporate insiders.

Amazon.com Trading Down 5.0%

Shares of AMZN opened at $216.37 on Friday. 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 12-month low of $161.38 and a 12-month high of $242.52. The firm has a 50-day moving average price of $225.94 and a 200 day moving average price of $211.90. The firm has a market capitalization of $2.31 trillion, a P/E ratio of 32.98, a P/E/G ratio of 1.43 and a beta of 1.28.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data 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. 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 analyst estimates of $161.80 billion. During the same quarter in the prior year, the firm posted $1.26 earnings per share. Amazon.com’s quarterly revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. Sell-side analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Susquehanna boosted their target price on shares of Amazon.com from $225.00 to $260.00 and gave the company a “positive” rating in a research note on Friday, August 1st. Wedbush reiterated an “outperform” rating and issued a $250.00 target price on shares of Amazon.com in a research note on Friday, September 19th. UBS Group reiterated a “buy” rating and issued a $271.00 target price (up from $249.00) on shares of Amazon.com in a research note on Monday, July 28th. Telsey Advisory Group reiterated an “outperform” rating and issued a $265.00 target price on shares of Amazon.com in a research note on Wednesday, September 24th. Finally, Pivotal Research boosted their target price on shares of Amazon.com from $260.00 to $285.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Three equities research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average price target 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.