G&S Capital LLC cut its position in shares of Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 1.9% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 6,289 shares of the e-commerce giant’s stock after selling 125 shares during the quarter. G&S Capital LLC’s holdings in Amazon.com were worth $1,380,000 as of its most recent filing with the SEC.
Several other hedge funds also recently modified their holdings of the company. Ridgecrest Wealth Partners LLC grew its holdings in shares of Amazon.com by 0.5% in the 2nd quarter. Ridgecrest Wealth Partners LLC now owns 8,399 shares of the e-commerce giant’s stock worth $1,843,000 after acquiring an additional 45 shares during the last quarter. Bare Financial Services Inc grew its holdings in shares of Amazon.com by 5.4% in the 1st quarter. Bare Financial Services Inc now owns 930 shares of the e-commerce giant’s stock worth $177,000 after acquiring an additional 48 shares during the last quarter. Heritage Oak Wealth Advisors LLC grew its holdings in shares of Amazon.com by 1.2% in the 2nd quarter. Heritage Oak Wealth Advisors LLC now owns 3,927 shares of the e-commerce giant’s stock worth $862,000 after acquiring an additional 48 shares during the last quarter. Cobblestone Asset Management LLC grew its holdings in shares of Amazon.com by 3.1% in the 2nd quarter. Cobblestone Asset Management LLC now owns 1,673 shares of the e-commerce giant’s stock worth $367,000 after acquiring an additional 50 shares during the last quarter. Finally, Seek First Inc. grew its holdings in shares of Amazon.com by 0.5% in the 2nd quarter. Seek First Inc. now owns 9,156 shares of the e-commerce giant’s stock worth $2,009,000 after acquiring an additional 50 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling
In other Amazon.com news, VP Shelley Reynolds sold 2,715 shares of the business’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.64, for a total value of $601,752.60. Following the completion of the sale, the vice president owned 119,780 shares of the company’s stock, valued at $26,548,039.20. The trade was a 2.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Douglas J. Herrington sold 2,500 shares of the business’s stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $217.10, for a total value of $542,750.00. Following the completion of the sale, the chief executive officer directly owned 515,507 shares of the company’s stock, valued at $111,916,569.70. This represents a 0.48% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 10,864,716 shares of company stock valued at $2,486,013,854. 10.80% of the stock is owned by corporate insiders.
Wall Street Analyst Weigh In
Read Our Latest Stock Report on Amazon.com
Amazon.com Price Performance
AMZN opened at $220.07 on Tuesday. The stock has a market cap of $2.35 trillion, a price-to-earnings ratio of 33.55, a PEG ratio of 1.43 and a beta of 1.28. Amazon.com, Inc. has a 1 year low of $161.38 and a 1 year 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 moving average price of $226.10 and a 200 day moving average price of $212.16.
Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share for the quarter, topping 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 company had revenue of $167.70 billion during the quarter, compared to analysts’ expectations of $161.80 billion. During the same quarter in the previous year, the firm earned $1.26 earnings per share. The business’s quarterly revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. 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.
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