Amazon.com, Inc. $AMZN Shares Sold by Arcadia Wealth Management LLC

Arcadia Wealth Management LLC decreased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 17.6% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,119 shares of the e-commerce giant’s stock after selling 2,368 shares during the quarter. Amazon.com accounts for approximately 1.1% of Arcadia Wealth Management LLC’s investment portfolio, making the stock its 19th largest holding. Arcadia Wealth Management LLC’s holdings in Amazon.com were worth $2,439,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Requisite Capital Management LLC lifted its holdings in shares of Amazon.com by 14.9% during the second quarter. Requisite Capital Management LLC now owns 2,422 shares of the e-commerce giant’s stock worth $531,000 after purchasing an additional 314 shares during the period. Generali Investments CEE investicni spolecnost a.s. lifted its holdings in shares of Amazon.com by 5.3% during the second quarter. Generali Investments CEE investicni spolecnost a.s. now owns 84,116 shares of the e-commerce giant’s stock worth $18,454,000 after purchasing an additional 4,265 shares during the period. Cooper Financial Group lifted its holdings in shares of Amazon.com by 2.1% during the second quarter. Cooper Financial Group now owns 113,054 shares of the e-commerce giant’s stock worth $24,803,000 after purchasing an additional 2,302 shares during the period. Truist Financial Corp lifted its holdings in shares of Amazon.com by 3.3% during the second quarter. Truist Financial Corp now owns 4,387,901 shares of the e-commerce giant’s stock worth $962,662,000 after purchasing an additional 140,738 shares during the period. Finally, Powers Advisory Group LLC lifted its holdings in shares of Amazon.com by 5.3% during the second quarter. Powers Advisory Group LLC now owns 5,898 shares of the e-commerce giant’s stock worth $1,294,000 after purchasing an additional 298 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Stock Down 0.4%

Amazon.com stock opened at $215.57 on Thursday. The stock has a market capitalization of $2.30 trillion, a PE ratio of 32.86, a price-to-earnings-growth ratio of 1.43 and a beta of 1.28. Amazon.com, Inc. has a 12 month low of $161.38 and a 12 month high of $242.52. The business has a 50 day simple moving average of $226.02 and a 200-day simple moving average of $212.21. 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 issued its quarterly earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 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 firm had revenue of $167.70 billion during the quarter, compared to analysts’ expectations of $161.80 billion. During the same period in the previous year, the business earned $1.26 earnings per share. 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, analysts anticipate that Amazon.com, Inc. will post 6.31 EPS for the current fiscal year.

Insider Activity

In related news, CEO Douglas J. Herrington sold 2,500 shares of the business’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $217.10, for a total transaction of $542,750.00. Following the completion of the sale, the chief executive officer directly owned 515,507 shares in the company, valued at approximately $111,916,569.70. The trade was a 0.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP David Zapolsky sold 13,570 shares of the business’s stock in a transaction that occurred 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 $9,825,943.60. The trade was a 23.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 10,864,716 shares of company stock valued at $2,486,013,854 in the last three months. Company insiders own 9.70% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on AMZN shares. Zacks Research downgraded Amazon.com from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 19th. Roth Capital set a $250.00 price target on Amazon.com and gave the company a “buy” rating in a report on Tuesday, July 8th. Pivotal Research boosted their price target on Amazon.com from $260.00 to $285.00 and gave the company a “buy” rating in a report on Friday, August 1st. The Goldman Sachs Group boosted their price target on Amazon.com from $240.00 to $275.00 and gave the company a “buy” rating in a report on Friday, October 3rd. Finally, HSBC boosted their price target on Amazon.com from $256.00 to $260.00 and gave the company a “buy” rating in a report on Monday, September 29th. Three investment analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Amazon.com presently has a consensus rating of “Buy” and a consensus target price of $266.26.

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.