Donald L. Hagan LLC Cuts Stock Holdings in Amazon.com, Inc. $AMZN

Donald L. Hagan LLC trimmed its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,700 shares of the e-commerce giant’s stock after selling 76 shares during the period. Donald L. Hagan LLC’s holdings in Amazon.com were worth $812,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of AMZN. Carderock Capital Management Inc. purchased a new position in shares of Amazon.com in the 2nd quarter worth $27,000. Cooksen Wealth LLC purchased a new position in shares of Amazon.com in the 1st quarter worth $36,000. Inlight Wealth Management LLC purchased a new position in shares of Amazon.com in the 1st quarter worth $40,000. Capitol Family Office Inc. purchased a new position in shares of Amazon.com in the 1st quarter worth $42,000. Finally, Maryland Capital Advisors Inc. grew its stake in shares of Amazon.com by 81.9% in 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.

Insiders Place Their Bets

In other news, CEO Douglas J. Herrington sold 2,500 shares of the business’s stock in a transaction dated 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 owned 515,507 shares in the company, valued at approximately $111,916,569.70. The trade was a 0.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Brian T. Olsavsky sold 17,750 shares of the business’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $222.74, for a total transaction of $3,953,635.00. Following the completion of the sale, the chief financial officer owned 49,000 shares of the company’s stock, 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 have sold 10,864,716 shares of company stock worth $2,486,013,854. 10.80% of the stock is owned by corporate insiders.

Amazon.com Trading Down 1.7%

Shares of AMZN opened at $216.39 on Wednesday. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $242.52. The company has a 50-day moving average of $226.16 and a 200 day moving average of $212.19. The firm has a market capitalization of $2.31 trillion, a price-to-earnings ratio of 32.99, a PEG ratio of 1.46 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:AMZNGet Free Report) last announced its quarterly earnings data on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share 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 company had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. During the same quarter last year, the business posted $1.26 EPS. The firm’s revenue for the quarter was up 13.3% on a year-over-year basis. Amazon.com has set its Q3 2025 guidance at EPS. On average, research analysts expect that Amazon.com, Inc. will post 6.31 EPS for the current year.

Analysts Set New Price Targets

AMZN has been the subject of a number of recent research reports. Susquehanna lifted their price objective on shares of Amazon.com from $225.00 to $260.00 and gave the stock a “positive” rating in a research note on Friday, August 1st. Evercore ISI restated an “outperform” rating and issued a $280.00 target price on shares of Amazon.com in a report on Wednesday, August 13th. Wedbush restated an “outperform” rating and issued a $250.00 target price on shares of Amazon.com in a report on Friday, September 19th. The Goldman Sachs Group raised their target price on shares of Amazon.com from $240.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, October 3rd. Finally, UBS Group restated a “buy” rating and issued a $271.00 target price (up previously from $249.00) on shares of Amazon.com in a report on Monday, July 28th. Three investment 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. Based on data from MarketBeat.com, Amazon.com currently has a consensus rating of “Buy” and a consensus target price of $266.26.

View Our Latest Report on Amazon.com

Amazon.com Profile

(Free Report)

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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Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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