Amazon.com, Inc. $AMZN Stock Position Cut by Hudson Valley Investment Advisors Inc. ADV

Hudson Valley Investment Advisors Inc. ADV cut its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 2.0% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 99,624 shares of the e-commerce giant’s stock after selling 2,066 shares during the quarter. Amazon.com makes up approximately 2.4% of Hudson Valley Investment Advisors Inc. ADV’s holdings, making the stock its 10th largest holding. Hudson Valley Investment Advisors Inc. ADV’s holdings in Amazon.com were worth $21,857,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Carderock Capital Management Inc. acquired a new position in Amazon.com during the 2nd quarter valued at approximately $27,000. Cooksen Wealth LLC acquired a new position in Amazon.com during the 1st quarter valued at approximately $36,000. Inlight Wealth Management LLC acquired a new position in Amazon.com during the 1st quarter valued at approximately $40,000. Capitol Family Office Inc. acquired a new position in Amazon.com during the 1st quarter valued at approximately $42,000. Finally, Maryland Capital Advisors Inc. boosted its position in Amazon.com by 81.9% during 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 during the period. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on AMZN shares. BMO Capital Markets boosted their price objective on Amazon.com from $270.00 to $280.00 and gave the company an “outperform” rating in a research report on Friday, August 1st. JMP Securities restated a “market outperform” rating and set a $285.00 price objective on shares of Amazon.com in a research report on Friday, August 1st. The Goldman Sachs Group boosted their price objective on Amazon.com from $240.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, October 3rd. Wedbush reaffirmed an “outperform” rating and set a $250.00 target price on shares of Amazon.com in a research note on Friday, September 19th. Finally, UBS Group reaffirmed a “buy” rating and set a $271.00 target price (up previously from $249.00) on shares of Amazon.com in a research note on Monday, July 28th. Three 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 stock. According to data from MarketBeat, Amazon.com currently has an average rating of “Buy” and an average price target of $266.26.

Amazon.com Stock Up 1.6%

AMZN opened at $216.48 on Tuesday. Amazon.com, Inc. has a one year low of $161.38 and a one year high of $242.52. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The stock’s fifty day moving average is $225.56 and its 200-day moving average is $213.20. The company has a market capitalization of $2.31 trillion, a PE ratio of 33.00, a P/E/G ratio of 1.41 and a beta of 1.28.

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

Insider Activity at Amazon.com

In other news, CEO Andrew R. Jassy sold 19,872 shares of the business’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the sale, the chief executive officer directly owned 2,178,502 shares of the company’s stock, valued at $482,712,473.16. The trade was a 0.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Matthew S. Garman sold 17,785 shares of the business’s stock in a transaction on 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 sale, the chief executive officer directly 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 4,252,009 shares of company stock valued at $976,047,640 over the last ninety days. Company insiders own 10.80% of the company’s stock.

Amazon.com Company 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.