Amazon.com, Inc. $AMZN Shares Sold by Valley National Advisers Inc.

Valley National Advisers Inc. cut its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 1.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 35,326 shares of the e-commerce giant’s stock after selling 423 shares during the quarter. Amazon.com comprises approximately 1.3% of Valley National Advisers Inc.’s investment portfolio, making the stock its 14th biggest position. Valley National Advisers Inc.’s holdings in Amazon.com were worth $7,750,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cedar Mountain Advisors LLC lifted its position in Amazon.com by 11.7% in the second quarter. Cedar Mountain Advisors LLC now owns 954 shares of the e-commerce giant’s stock valued at $209,000 after buying an additional 100 shares during the last quarter. Duncan Williams Asset Management LLC raised its stake in shares of Amazon.com by 5.8% in the 2nd quarter. Duncan Williams Asset Management LLC now owns 24,021 shares of the e-commerce giant’s stock valued at $5,270,000 after acquiring an additional 1,320 shares during the period. AWM Capital LLC lifted its holdings in shares of Amazon.com by 2.9% in the 2nd quarter. AWM Capital LLC now owns 3,213 shares of the e-commerce giant’s stock worth $708,000 after acquiring an additional 90 shares during the last quarter. SRH Advisors LLC boosted its position in shares of Amazon.com by 34.7% during the 2nd quarter. SRH Advisors LLC now owns 660 shares of the e-commerce giant’s stock worth $145,000 after purchasing an additional 170 shares during the period. Finally, Headland Capital LLC increased its holdings in Amazon.com by 3.7% in the 2nd quarter. Headland Capital LLC now owns 37,257 shares of the e-commerce giant’s stock valued at $8,174,000 after purchasing an additional 1,319 shares during the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have commented on AMZN. Roth Capital set a $250.00 price target on Amazon.com and gave the stock a “buy” rating in a research note on Tuesday, July 8th. Telsey Advisory Group reiterated an “outperform” rating and issued a $265.00 price objective on shares of Amazon.com in a report on Wednesday, September 24th. Deutsche Bank Aktiengesellschaft increased their target price on Amazon.com from $230.00 to $266.00 in a research note on Tuesday, July 22nd. Susquehanna lifted their target price on Amazon.com from $225.00 to $260.00 and gave the company a “positive” rating in a research report on Friday, August 1st. Finally, BMO Capital Markets increased their price target on shares of Amazon.com from $270.00 to $280.00 and gave the stock an “outperform” rating in a research report on Friday, August 1st. Three research analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Amazon.com presently has a consensus rating of “Buy” and a consensus target price of $267.94.

Insider Buying and Selling

In related news, CEO Douglas J. Herrington sold 2,500 shares of the business’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $217.10, for a total transaction of $542,750.00. Following the completion of the transaction, 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Shelley Reynolds sold 2,715 shares of the stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $221.64, for a total value of $601,752.60. Following the completion of the transaction, the vice president directly owned 119,780 shares in the company, valued at $26,548,039.20. This trade represents a 2.22% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 97,911 shares of company stock worth $21,765,202. Corporate insiders own 9.70% of the company’s stock.

Amazon.com Stock Performance

Shares of AMZN opened at $221.09 on Friday. The stock has a 50-day simple moving average of $225.24 and a 200-day simple moving average of $213.61. 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 has a market capitalization of $2.36 trillion, a PE ratio of 33.70, a PEG ratio of 1.44 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.

Amazon.com (NASDAQ:AMZN) last released its 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. The firm had revenue of $167.70 billion for the quarter, compared to analyst estimates of $161.80 billion. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The business’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.26 earnings per share. Amazon.com has set its Q3 2025 guidance at EPS. On average, analysts predict that Amazon.com, Inc. will post 6.31 earnings per share 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.