Amazon.com, Inc. $AMZN Shares Sold by Campbell Newman Asset Management Inc.

Campbell Newman Asset Management Inc. lowered its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 0.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 82,540 shares of the e-commerce giant’s stock after selling 72 shares during the period. Amazon.com makes up approximately 1.4% of Campbell Newman Asset Management Inc.’s portfolio, making the stock its 27th biggest holding. Campbell Newman Asset Management Inc.’s holdings in Amazon.com were worth $18,108,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Carderock Capital Management Inc. purchased a new position in shares of Amazon.com during the 2nd quarter worth approximately $27,000. Cooksen Wealth LLC purchased a new position in shares of Amazon.com during the 1st quarter worth approximately $36,000. Inlight Wealth Management LLC purchased a new position in shares of Amazon.com during the 1st quarter worth approximately $40,000. Capitol Family Office Inc. purchased a new position in shares of Amazon.com during the 1st quarter worth approximately $42,000. Finally, Maryland Capital Advisors Inc. raised its stake in shares of Amazon.com by 81.9% during 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 hedge funds and other institutional investors.

Insider Activity

In related news, insider Jeffrey P. Bezos sold 4,273,237 shares of the stock in a transaction dated Monday, July 21st. The stock was sold at an average price of $227.77, for a total transaction of $973,315,191.49. Following the transaction, the insider directly owned 890,273,469 shares in the company, valued at approximately $202,777,588,034.13. This represents a 0.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Matthew S. Garman sold 17,785 shares of the stock in a transaction dated 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 transaction, the chief executive officer 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 a total of 10,864,716 shares of company stock valued at $2,486,013,854 in the last three months. Company insiders own 10.80% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Sanford C. Bernstein set a $235.00 price target on Amazon.com and gave the stock an “outperform” rating in a report on Tuesday, July 1st. Wedbush reiterated an “outperform” rating and set a $250.00 target price on shares of Amazon.com in a research report on Friday, September 19th. Roth Capital set a $250.00 target price on Amazon.com and gave the stock a “buy” rating in a research report on Tuesday, July 8th. Deutsche Bank Aktiengesellschaft boosted their target price on Amazon.com from $230.00 to $266.00 in a research report on Tuesday, July 22nd. Finally, Evercore ISI reiterated an “outperform” rating and set a $280.00 target price on shares of Amazon.com in a research report on Wednesday, August 13th. 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 stock. According to data from MarketBeat, Amazon.com presently has an average rating of “Buy” and an average target price of $266.26.

Amazon.com Price Performance

Shares of NASDAQ:AMZN opened at $220.07 on Tuesday. The business’s fifty day moving average price is $226.10 and its two-hundred day moving average price is $212.16. The stock has a market cap of $2.35 trillion, a PE ratio of 33.55, a price-to-earnings-growth ratio of 1.43 and a beta of 1.28. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52.

Amazon.com (NASDAQ:AMZN) last posted its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $161.80 billion. During the same quarter last year, the firm earned $1.26 earnings per share. The business’s revenue was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. On average, analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current fiscal 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.