Amazon.com, Inc. $AMZN Shares Sold by White Pine Investment CO

White Pine Investment CO reduced its position in Amazon.com, Inc. (NASDAQ:AMZN) by 0.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,258 shares of the e-commerce giant’s stock after selling 121 shares during the quarter. Amazon.com makes up approximately 2.0% of White Pine Investment CO’s portfolio, making the stock its 22nd biggest position. White Pine Investment CO’s holdings in Amazon.com were worth $8,174,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of AMZN. Carderock Capital Management Inc. acquired a new stake in Amazon.com in the 2nd quarter valued at about $27,000. Cooksen Wealth LLC acquired a new stake in Amazon.com in the 1st quarter valued at about $36,000. Inlight Wealth Management LLC acquired a new stake in Amazon.com in the 1st quarter valued at about $40,000. Maryland Capital Advisors Inc. raised its position in Amazon.com by 81.9% in the 2nd quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock valued at $46,000 after purchasing an additional 95 shares in the last quarter. Finally, Capitol Family Office Inc. acquired a new stake in Amazon.com in the 1st quarter valued at about $42,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Amazon.com news, SVP David Zapolsky sold 13,570 shares of the company’s 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 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Douglas J. Herrington sold 2,500 shares of the company’s stock in a transaction on Wednesday, October 1st. The shares were 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 in the company, valued at $111,916,569.70. This trade represents a 0.48% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 10,864,716 shares of company stock valued at $2,486,013,854 in the last three months. 10.80% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

AMZN has been the topic of a number of analyst reports. Rosenblatt Securities increased their price target on Amazon.com from $288.00 to $297.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Evercore ISI reaffirmed an “outperform” rating and issued a $280.00 price target on shares of Amazon.com in a report on Wednesday, August 13th. Robert W. Baird upped their price target on Amazon.com from $220.00 to $244.00 and gave the company an “outperform” rating in a report on Monday, July 21st. Jefferies Financial Group reaffirmed a “buy” rating on shares of Amazon.com in a report on Thursday, September 11th. Finally, Wall Street Zen raised Amazon.com from a “hold” rating to a “buy” rating in a report on Saturday, August 2nd. Three 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 company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $266.26.

Amazon.com Trading Up 1.7%

Shares of AMZN stock opened at $220.07 on Tuesday. The business’s fifty day moving average price is $226.10 and its 200 day moving average price is $212.16. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $242.52. The firm has a market capitalization of $2.35 trillion, a PE ratio of 33.55, a P/E/G ratio of 1.43 and a beta of 1.28. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 0.81.

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, topping analysts’ consensus estimates of $1.31 by $0.37. The firm had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a return on equity of 23.84% and a net margin of 10.54%.Amazon.com’s quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. As a group, sell-side analysts forecast that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

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.